Walker River Announces Significant GOLD Intercepts Including 3.97 G/T Au over 85 Metres at the Lapon Canyon GOLD Project
Suite 555-1130 West Pender St
Vancouver, B.C. V6E 4A4
Tel : 819 874-0030
Fax : 819 825-1199
________________________________________________________________________________________
Trading Symbol: WRR
WALKER RIVER ANNOUNCES SIGNIFICANT GOLD INTERCEPTS INCLUDING 3.97 G/T AU
OVER 85 METRES AT THE LAPON CANYON GOLD PROJECT
Vancouver, B.C. February 25, 2026 - Walker River Resources Corp. (“Walker” or the “ Company”) (TSX-V:
WRR) is pleased to announce additional assay results from its 2025 reverse circulation (“RC”) drill program at the
Lapon Canyon portion of the Lapon Gold Project , located within Nevada’s Prolific Walker Lane Gold trend , 60 km
SE of Yerington, NV.
Highlights:
Results from drilling on the new upper drill roads continue to confirm and extend gold mineralization to the south and
the east of the Hotspot zone, results include:
• Drill hole LC-25-170 returned 3.79 g/t Au over 85.34 meters starting at 143.26 meters, including 16.49 g/t
Au over 6.10 meters, and 10.24 g/t Au over 6.09 meters demonstrating the robust nature , thickness and
continuity of the gold mineralization at Lapon Canyon.
• Drill hole LC-25-168 returned 1.33 g/t Au over 57.91 meters starting at 124.97 meters, including 2.06 g/t
Au over 28.95 meters, starting at 143.26 meters.
• Drill hole LC-25-169 returned 1.64 g/t Au over 44.20 meters starting at 129.54 meters.
• Drill hole LC-25-171 returning 1.92 g/t Au over 4.57 meters starting at 74.68 meters and 1.05 g/t Au over
36.58 meters starting at 175.26 meters.
• It is very significant that gold discovered in these drillholes is contained within intrusive emplacement,
notably monzonitic units.
From To Width* Gold
Drill Hole (m) (m) (m) (g/t)
LC-25-166 158.50 166.12 7.62 1.11
LC-25-168 124.97 182.88 57.91 1.33
incl 143.26 172.21 28.95 2.06
LC-25-169 129.54 173.74 44.20 1.64
LC-25-170 88.39 89.92 1.53 7.96
143.26 228.60 85.34 3.79
incl 161.54 167.64 6.10 16.49
and 196.60 202.69 6.09 10.24
LC-25-171 74.68 79.25 4.57 1.92
and 175.26 211.84 36.58 1.05
Table 1. Drill Results
*Sampled width is presented. True width is estimated to be between 60 and 90 percent of sampled lengths
Drill holes LC-25-167, LC-25 172, LC-25-173 returned no significant results
Historically at Lapon , gold mineralization has been restricted to a broad, shallow, iron oxide- altered horizon. The
2025 drill programs have identified intrusive related gold mineralization at Lapon , significantly expanding the
project’s exploration potential , by opening up new deeper seated rock units capable of hosting additional
mineralization. The identification of monzonite as the host rock for the gold suggests the possible presence of a
monzonite porphyry system, a deposit style commonly associated with gold mineralization in Nevada. Elevated copper
values observed in multi -element geochemical sampling further support this interpretation . These results may also
represent gold mineralization within feeder structures, including higher grade zones such as that encountered in drill
hole LC-25-170.
Drilling in 2025 at Hotspot , significantly extended gold mineralization to the south and the east. The majority of
drilling at Lapon Canyon is conducted systematically from strategically positioned drill pads, with pads typically
spaced 30 to 60 metres apart and accommodating up to six holes oriented in varying azimuths. Both historical and
recent drilling indicate that the gold system is predominantly sub-horizontal to moderately south-dipping in geometry,
with evidence of more steeply dipping, high er-grade shoots developed within the broader mineralized envelope.
Recent drilling has also successfully discovered intrusive hosted gold mineralization, a style not previously recognized
at Lapon. The 202 5 drill program s were designed to support both resource definition and exploration objectives ,
including infill drilling within the Hotspot deposit and testing for extensions along strike and downdip. All holes from
this release were collared from the upper new drill roads east of Hotspot.
Figure 1. Plan map of the Lapon Gold deposit, showing the Central and Hotspot zones with historic and 2025
drilling results and contours for 0.1 – 1.0 g/t Au (yellow) and 1.0 – 10.0 g/t Au (magenta).
Figure 2. Cross-section of the Lapon Gold deposit at Hotspot, showing historic and 2025 drilling results with
highlights of intervals from this release and contours for 0.1 – 1.0 g/t Au (yellow) and 1.0 – 10.0 g/t Au (red).
Michel David, Walker River’s President & CEO states: “ We continue to receive significant gold values over
impressive thicknesses. The discovery of gold within dioritic and monzonitic units increases our excitement at Lapon,
as it opens up new potential at the Project for intrusive hosted gold mineralization. The discovery of definable high
grades feeder zones at depth only serves to increase our excitement.”
On-going work at Lapon Canyon consists of data compilation, interpretation and resource modelling. Further drilling
in 2026 will focus on in -fill and exploration drilling to define the potential sources of the feeder zones and
emplacement of discrete deeper seated intrusive bodies. We will be undertaking detailed and extensive geophysical
surveys to aid in targeting.
Results from previous and the 2025 drill programs, including the subsequent data compilation will be the basis for the
completion of an initial NI 43 -101 compliant mineral resource on the Project which is expected to be complete
sometime in 2026. In addition, work will continue at Lapon Canyon to identify future drill targets in the deeper-seated
intrusive bodies.
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 Geo 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 unpatented mining claims totaling approximately 2,940 acres, located in the
Wassuk Range within Nevada’s Walker Lane structural corridor, a regionally significant northwest -trending
deformation zone that hosts numerou s gold and precious metal deposits. The Project comprises the Lapon Canyon
claim block, the Pikes Peak claims located approximately 4 kilometres to the north, and the Rattlesnake and Range
Front claims located approximately 3 kilometres to the west and at approximately 600 metres lower elevation relative
to current drilling at Lapon Canyon. The Lapon Canyon portion of the Project, consisting of 96 claims, is subject to a
US$5 million exploration stream earn -in agreement with Nevada Canyon Gold Corp., as ann ounced on February 3,
2025. The Project is accessible by secondary state roads located approximately 25 kilometres from the nearest highway
and is situated approximately 60 kilometres southeast of Yerington, Nevada. Electrical transmission infrastructure
passes within approximately 3 kilometres of the Project area. The Rattlesnake, Range Front, and Pikes Peak claim
groups cover approximately 8 kilometres of prospective range -front structural trends interpreted to represent
extensions of the mineralized system identified at Lapon Canyon, and define several additional exploration targets.
The Rattlesnake and Pikes Peak areas host historical workings, including adits, shafts, and underground development,
as well as road access throughout portions of the claim bl ocks. Limited modern exploration has been conducted on
these claim groups prior to Walker River’s acquisition. The Rattlesnake workings are located approximately 3
kilometres along strike and approximately 600 metres lower in elevation relative to the Lapon Canyon mineralization,
supporting the interpretation of a vertically extensive mineralized system. Lapon Canyon hosts historical underground
workings totaling approximately 2,000 feet (610 metres) developed through three adits. Historical sampling reported
in an NI 43 -101 technical report (Montgomery and Barr, 2004) returned numerous high -grade gold assay re sults,
including values exceeding 1 ounce per ton gold, with a reported sample returning 20.6 ounces per ton gold from the
end of the A Adit.
FOR FURTHER INFORMATION PLEASE CONTACT:
Michel David, CEO & Director
Tel: 819 874-0030
Email: [email protected]
Website: www.wrrgold.com
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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
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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
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include, without limitation, the ability to complete proposed exploration work, the results of exploration, continued availability of
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