Walker Updates Exploration at Lapon Canyon
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 UPDATES EXPLORATION AT LAPON CANYON
Vancouver, B.C. May 10, 2017 - Walker River Resources Corp. (“Walker” or the “Company”)
(TSX-V: “WRR”) is pleased to update its exploration program on the Lapon Canyon gold project, located
approximately 60 kilometres southeast of Yerington, Nevada.
The Lapon Project consists of 36 cla ims (720 acres) situated in the Wassuk Range, easily accessible by
secondary state roads from the main highway (25 kilometres). A state grid power transmission line passes
within three kilometres of the property.
Initial drilling on the property was carried out in 2015 and 2016. Highlights (previously announced in
2016) included RC drill hole LC 16 -10 intersecting 77.62 g/t Au (uncut) over 12.2 meters; and 48.02 g/t
(uncut) over 13.7 meters; RC drill hole LC 16-12 intersected 39.17 g/t Au (uncut) over 9.2 meters; among
other significant results.
The drill program confirmed the potential for the emplacement of significant gold mineralization on the
project.
Because of these significant drill results, the C ompany has now outlined an additional 20,000 feet of
drilling. Drill access, drill road maintenance, and pad emplacement is presently underway, with the Notice
Level Exploration Plan Surface M anagement Notice approved by the Bureau of Land Management
(BLM). Drilling is scheduled to begin in June of this year.
The Lapon project is located within the Walker Lane shear zone, a 100 kilometre wide structural corridor
extending in a southeast direct ion from Reno, Nevada. Within this trend, numerous gold, silver, and
copper mines are located, notably the historic Comstock Lode mines in Virginia City, the past producing
Esmeralda/Aurora gold mine, with reported production of some one million ounces, as well as the
Anaconda open pit copper mine in Yerington. Nevada Copper’s new mine, Pumpkin Hollow, is also
located within the Wasuk Range about 25 kilometres north of Lapon.
The Lapon project is cut by a series of steeply dipping cross fault structures c utting across the Walker
trend, analogous to other cross fault structures responsible for many gold and base metal deposits in the
world. These faults are heavily sheared and altered (sericite, iron oxides) with abundant silica. They vary
in width from 60 to 300 meters. Four of these structures have been discovered at Lapon, and at least two
can be traced for over four kilometers. Gold mineralization is located within en echelon structures within
these faults. At least one of these sh ear zones, the Lapon Ro se zone was the site of underground
development, and shows a minimum strike length of 4 kilometers, has a width of over 60 meters and has a
vertical extent of at least 650 meters.
Small scale high grade mining began on the project in 1914. Approximate ly 600 meters of drifts and
raises were developed from two adits and a two-stamp mill was built. Further underground work was
carried out on the Project in the following years , including the installation of a ball mill and milling
facilities.
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Finally, the Company is pleased to announce the appointment of Mr. Chris Hobbs, CA, as Chief Financial
Officer. Mr. Hobbs has worked with several public companies, accounting and securities firms in an
accounting, management, directorship and CFO role in the past 2 0 years. Mr. Hobbs is a member of the
Chartered Accountants of Ontario and holds a bachelor of business administration degree from the
Schulich School of Business at York University.
E.Gauthier, Geol, Eng (OIQ) acts as the qualified person to the company and has approved the contents of
this release.
ON BEHALF OF THE BOARD OF DIRECTORS
“Michel David”
________________________
Michel David,
Chief Executive Officer and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Walker River Resources Corp.
Tel: 819 874-0030
Fax: 819 825-1199
Email: [email protected]
Website: www.wrrgold.com
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Policies Of The TSX Venture Exchange) Accepts Responsibility For The Adequacy Or Accuracy Of This
News Release.