Business
Walker Announces New Discovery at Lapon Canyon
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2017) - Walker River Resources Cor...
About this update from Walker River Resources Corp.
[{"type":"text","content":"Walker Announces New Discovery at Lapon CanyonVancouver, British Columbia--(Newsfile Corp. - November 8, 2017) - Walker River Resources Corp. (TSXV: WRR) (\"Walker\" or the \"Company\") is pleased to announce a new gold discovery from the 2017 reverse circulation (\"RC\") drill program on the Lapon Canyon gold project, located approximately 60 kilometres southeast of Yerington, Nevada.The new discovery is located approximately 200 meters above and 325 meters away to the north from the last known gold mineralization on the project.Highlights Include:RC drill hole LC 17-19 intersected 18.6 grams per tonne gold (uncut) over 6.1 meters from 15.2 to 21.3 meters. Drill Hole From m To mLength** m Assay (g/t Au)  uncut                           cut*LC 17-1915.221.36.118.6 13.6Including18.319.81.553.4 34  *Grade cut to 34 g/t**True widths approx. 80%Additional from the above results, RC drill hole LC 17-19 returned 4.6 grams (uncut) over 25.9 meters from 0 to 25.9 meters in the mineralized zone. The drill program is designed to expand gold mineralized zones discovered by the company and to discover and delineate new gold mineralized zones.Further results from the 2017 drill program will be released as they become available.About the Lapon ProjectThe Lapon Project consists of 96 claims (1,940 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 Lapon Project. The Lapon Project is located within the Walker Lane shear zone, a 100-kilometre-wide structural corridor extending in a southeast direction from Reno, Nevada. Within this trend, numerous gold, silver, and copper mines are located, notably the historic Comstock Lode mines in Virginia City. Also, the past producing Esmeralda/Aurora gold mine, with reported production of some one million ounces and the Anaconda open pit copper mine in Yerington, Nevada.The Lapon Project is cut by a series of steeply dipping cross fault structures cutting 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 a...