Walker River Announces Significant GOLD Intercepts Including 3.88 G/T over 77.72 Meters at the Lapon GOLD Project
Suite 820-1130 West Pender St
Vancouver, B.C. V6E 4A4
Tel : 819 874-0030
Fax : 819 825-1199
________________________________________________________________________________________
Trading Symbol: WRR
NEWS RELEASE
WALKER RIVER ANNOUNCES SIGNIFICANT GOLD INTERCEPTS INCLUDING
3.88 G/T OVER 77.72 METERS AT THE LAPON GOLD PROJECT
Vancouver, B.C. January 9, 2025 - Walker River Resources Corp. (“Walker” or the “ Company”) (TSX -V:
WRR) is pleased to announce additional assay results from the 2024 reverse circulation (“RC”) drill program at the
Lapon Canyon portion of the Lapon Gold Project, in Mineral County, Nevada, 60 km SE of Yerington, NV.
Highlights
From To Width* Gold
Drill Hole (m) (m) (m) (g/t)
LC-24-117
74.68 152.4 77.72 3.88
including 77.72 94.49 16.77 12.09
and 100.58 112.78 12.2 4.08
LC-24-118
68.58 128.02 59.44 1.96
including 68.58 74.68 6.10 8.17
LC-24-110
41.15 74.68 33.53 2.70
including 45.72 57.91 12.19 5.99
LC-24-113
21.34 48.77 27.43 2.58
including 25.91 32.00 6.09 4.13
and 39.62 44.20 4.58 4.79
68.58 76.20 7.62 1.90
including 70.10 73.15 3.05 4.08
LC-24-114
16.76 172.21 155.45 0.61
including 44.20 83.82 39.62 0.90
and 103.63 117.35 13.72 2.32
and 129.54 132.59 3.05 2.19
LC-24-119
33.53 38.10 4.57 1.06
108.20 152.40 44.2 0.87
including 124.97 126.49 1.52 4.13
Table 1. Highlighted holes released today. * Denotes the above drill results are presented with lengths representing
sampled lengths. True width is estimated to be between 80 and 95 percent of sampled widths.
• Drill hole LC-24-117 returned 3.88 g/t Au over 77.72 meters starting at a depth of 74.68 meters including
an intercept of 12.09 g/t Au over 16.77 meters , demonstrating the robust nature of the gold mineralization
of the Hotspot zone.
• Drill holes LC-24-114 (0.61 g/t Au over 155.45 metres), LC-24-118 (1.96 g/t Au over 59.44 metres) , and
LC-24-113 (2.58 g/t Au over 27.34 meters) were also drilled in the Hotspot, clearly demonstrating continuity
of the gold mineralization. LC-24-114 was shutdown in mineralization (0.14 g/t Au over 36.58 metres) at a
vertical depth of approximately 140 metres and extends Hotspot to the south another 40 metres.
• Drill hole LC -24-110 intercepted 2.70 g/t Au over 33.53 meters and LC -24-113 (2.58 g/t over 27.34
meters). These intercepts extend Hotspot Zone west, toward the Central Zone by approximately 50 metres.
• Notably, LC-24-117, which was drilled to a depth of 152 .4 meters remained in gold mineralization at the
bottom of the hole, with the interval from 128.02 meters to the bot tom returning 0.96 g/t Au over 24.38
metres. This intercept is at approximately 120 m vertical depth, highlighting the zone’s potential at depth.
• LC-24-119 also drilled to depth of 152 meters and remained in mineralization at the bottom of the hole, with
the interval from 124.97 meters to the bottom returning 1.23 g/t Au over 27.43 metres. This intercept extends
mineralization at Hotspot approximately 50 m to the southeast from all previous holes drilled.
• The 2024 drill programs at Lapon Canyon were exploration and definition focused. Drill holes were
planned with the intent to define the extent and geometry of the mineralized system and test for new
mineralized zones along strike and at depth.
• Drilling at Lapon Canyon is carried out in different directions (azimuths) from the same drill pad, for
systematic drilling on section, drill pads are placed at every 30 to 60 meters, with up to five holes per pad.
• Previous and current drilling continue to define a sub to horizontal geometry of the gold system. High
grade shoots may have developed within the broader mineralized domains.
Drill Hole
From To Width* Gold
(m) (m) (m) (g/t)
LC-24-107
12.19 53.34 41.15 0.55
Including 36.58 47.24 10.66 1.24
LC-24-108 0.00 60.96 60.96 0.44
LC-24-109
0.00 57.91 57.91 0.31
Including 38.10 50.29 12.19 0.76
LC-24-110
41.15 74.68 33.53 2.70
Including 45.72 57.91 12.19 5.99
LC-24-111 76.20 102.11 25.91 0.14
LC-24-112
24.38 35.05 10.67 0.24
91.44 118.87 27.43 0.18
LC-24-113
21.34 48.77 27.43 2.58
including 25.91 32.00 6.09 4.13
and 39.62 44.20 4.58 4.79
68.58 76.20 7.62 1.90
including 70.10 73.15 3.05 4.08
LC-24-114
16.76 172.21 155.45 0.61
Including 44.20 83.82 39.62 0.90
and 103.63 117.35 13.72 2.32
and 129.54 132.59 3.05 2.19
192.02 228.60 36.58 0.14
LC-24-115 105.16 115.82 10.66 0.37
LC-24-116
36.58 68.58 32.00 0.30
including 65.53 68.58 3.05 2.09
LC-24-117
15.24 65.53 50.29 0.23
74.68 152.4 77.72 3.88
Including 77.72 94.49 16.77 12.09
Including 100.58 112.78 12.2 4.08
LC-24-118
0 21.34 21.34 0.35
35.05 59.44 24.39 0.27
68.58 128.02 59.44 1.96
Including 68.58 74.68 6.10 8.17
LC-24-119
0 10.67 10.67 0.1
33.53 38.10 4.57 1.06
108.20 152.40 44.2 0.87
Including 124.97 126.49 1.52 4.13
Table 2. A ll drill holes and intervals released today. * Denotes the above drill results are presented with lengths
representing sampled lengths. True width is estimated to be between 80 and 95 percent of sampled widths
Figure 1: Plan and section view of the Hotspot zone, Central zone, with assay results from historical drilling (grey traces) and 2024
drilling (red traces).
Michel David, Walker River’s President & CEO states: “We are extremely encouraged by these current and past drill
results which continue to confirm the potential of the project. We look forward to additional results from Lapon
Canyon and very excited with our ongoing interpretation of the gold mineralization at Lapon Canyon.”
On-going work at Lapon Canyon consist s of data compilation, interpretation and resource modelling. Further results
will be released as they become available. Field work will restart as soon as conditions allow.
The results from the 2024 drill programs and subsequent data compilation will enable the completion of an initial NI
43-101 compliant mineral resource on the Project.
Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance
All sampling was conducted under the supervision of the Company's project geologists and the chain of custody from
the drill to the sample preparation facility was continuously monitored. A blank or certified reference material was
inserted approximately e very tenth sample. The Lapon Canyon samples were delivered to American Assays
Laboratories’ certified laboratory facilities in Sparks, NV. The samples were crushed, pulverized and the sample pulps
digested and analyzed for gold using fire assay fusion and a 50 g gravimetric finish. Certain intensely altered samples
used a 1 kg pulp screened to 100 microns. Duplicate assay on screen undersize. Assay of entire oversize fraction.
Samples are taken and bagged directly at the drill rig at every 1.5-meter interval, standard in the exploration industry.
A small sample is also taken at the drill rig and put into a chip tray for examination purposes and to determine those
sample bags tha t should be sent to the lab for assay purposes. Often this work is carried out using a microscope for
the examination of the rock chips. The full sample bag from the interval chosen for assay purposes is then sent directly
from the drill site to the lab, located in Sparks, NV.
The scientific and technical information contained in this news release has been reviewed , verified and approved by
Dave Nuttall P.Geo, President of Serac Exploration, who is an independent Qualified Person as defined under NI 43 -
101 Standards of Disclosure for Mineral Projects.
About the Lapon Gold Project
The Lapon Gold Project consists of 147 claims (2940 acres) situated in the Wassuk Range, within the Walker Lane
shear zone, a 100 km wide structural corridor extending in a southeast direction from Reno, Nevada. The Project is
easily accessible by secondary state roads from the main highway (25 kilometres), and is located approximately 60
kilometres southeast of Yerington, Nevada. A state power grid transmission line passes within three kilometres of the
Project.
The Lapon Gold Project includes Lapon Canyon, the Pikes Peak claims located 4 kilometres to the north, and the
Rattlesnake and Range Front claims 3 kilometres to the west and over 600 meters lower than the present drilling at
Lapon Canyon.
The Rattlesnake, Range Front, and Pikers Peak claims cover over 8 km of possible extensions of the range front zones
to the west, north, and south of Lapon Canyon, adding several additional drill target areas to the project. Rattlesnake
and Pikes Peak cont ain numerous historical mining and milling areas that consist of adits at different levels, shafts
and underground workings, and a network of existing roads providing access throughout. Little or no exploration
work has been carried out on these claims pr ior to Walker’s arrival. It is notable that the Rattlesnake area and adits
are on strike with the Lapon Canyon discoveries located 3 km on strike and 600 meters above.Lapon Canyon hosts
historical high grade gold mining with approximately 2000 feet of undergoing workings in three adits. Historical
underground work returned numerous assay values in the one o unce per ton range, with a sample at the end of the A
adit returning 20.6 ounces per ton Au. (NI 43-101, Montgomery and Barr, 2004).
FOR FURTHER INFORMATION PLEASE CONTACT:
Michel David, CEO & Director
Tel: 819 874-0030
Email: [email protected]
Website: www.wrrgold.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward Looking Information
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively “forward-
looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical
fact, included herein, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by
words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions,
or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved There can be no
assurance that such statements will prove to be accurate and actual results and future events could differ materially from those
anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the
statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the
Company, are inherently subject to significant business, economic, competitive, political, social and regulatory uncertainties and
contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially
different from the results, performance or achievements that are or may be expressed or implied by such forward-looking
statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors
include, without limitation, the ability to complete proposed exploration work, the results of exploration, continued availability of
capital, and changes in general economic, market and business conditions. Readers should not place undue reliance on the
forward-looking statements and information contained in this news release concerning these items. The Company does not
assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they
change, except as required by applicable securities laws.