Business
Walker Lane Resources Ltd. Announces Precision Geosurveys Contracted to Complete an Airborne Geophysical Survey at its Silver Mountain Project, Walker Lane Gold Trend, Nevada
Walker Lane Resources Ltd. Announces Precision Geosurveys Contracted to Complete an Airborne Geop...
About this update from Walker Lane Resources Ltd.
[{"type":"text","content":"\n\n\nWalker Lane Resources Ltd. Announces Precision Geosurveys Contracted to Complete an Airborne Geophysical Survey at its Silver Mountain Project, Walker Lane Gold Trend, Nevada\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n\n\n\n\n\nCanada NewsWire\n\n\nTSX-V: WLR \nFrankfurt: 6YL\nVANCOUVER, BC, Nov. 26, 2025 /CNW/ - Walker Lane Resources Ltd. (TSXV: WLR) (Frankfurt: 6YL) \"Walker Lane\") is pleased to announce that Precision Geosurveys Inc. has been contracted to complete an airborne total magnetic field and radiometric survey on its Silver Mountain Project located in the prolific Walker Lane Gold Trend.\nPrecision Geosurveys Inc. of Reno, NV and Langley, BC will commence the airborne survey in the next few days following completion of ongoing surveys by Precision in the Tonopah area of west central Nevada. A total of 47 line-kilometers will be flown along lines spaced 100 meters apart, 30 meters above ground level. The results are anticipated to be useful in mapping the complex altered volcanic stratigraphy present on the property and to contribute information that will further pinpoint proposed drill targets on the property.\nThe Company has negotiated the right to pay 100% of the costs of this survey to Precision Geosurveys through an issuance of common shares of the Company. The terms of the agreement between the Company and Precision Geosurveys in this regard state that the deemed price of the securities to be issued will be (i) determined after the date survey services are provided; and (ii) that the maximum discount allowable and all conditions pertaining to the issue of common shares will be in accordance with TSX Policy 4.1. For reasons of maintaining competitive pricing by Precision Geosurveys to the Company, the estimated calculation of shares to be issued will not be presented. The Company has applied for TSX approval of this Transaction and it is not deemed material to the Company.\nMr. Kevin Brewer, P.Geo President and CEO of Walker Lane Resources Ltd. noted that \"This survey is a part of our efforts to commence exploration...