Business
Walker Announces Start of Drill Program
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2019) - Walker River Resources Corp. ...
About this update from Walker River Resources Corp.
[{"type":"text","content":"Walker Announces Start of Drill ProgramVancouver, British Columbia--(Newsfile Corp. - May 21, 2019) - Walker River Resources Corp. (TSXV: \"WRR\") (\"Walker\" or the \"Company\") is pleased to announce that the Company's 2019 initial reverse circulation (\"RC\") exploration drill program has begun at the Lapon Canyon Gold Project, located approximately 60 kilometres southeast of Yerington, Nevada.The Lapon Project consists of 96 claims (1940 acres) situated in the Wassuk Range, easily accessible by secondary state roads. A state grid power transmission line passes within three kilometres of the project. The Company owns 100% of the property with a 2% NSR payable on 36 of the claims. Drilling will focus on infill and expansion of the Lapon Rose zone and other exploration targets on the property.Key Highlights:To date, mineralization has been discovered in a broad, altered, fractured and brecciated NE trending structural corridor termed the Lapon Rose Zone. Anomalous gold values are denoted in many areas within this zone, and significant higher-grade mineralization over significant widths is located within sub vertical en echelon zones of intense alteration and gold enrichment. In April, 2019, the Company received a 2-year extension from the U.S. Bureau of Land Management (the\"BLM\") for its Notice of Intent (the\"NOI\") exploration permit to conduct further drilling on the Lapon Canyon Gold Project.The discovery of new gold mineralization (RC 17-19; 18.6 g/t Au (uncut) over 6.1 meters) located 325 meters away and 200 meters higher than the last known gold mineralization. It is not known at this time if this is an extension of the Lapon Rose or an entirely new zone. With the discovery at this location, the vertical extent of gold mineralization now exceeds 400 meters.Previous Drilling highlights include (all previously announced) 22.9 meters at 7.84 g/t, 13.7 meters at 48.02 g/t, 12.2 meters at 77.62 g/t, and 9.2 meters at 39.17 g/t. Drilling TargetsThe 2019 drill program will build off the success of the 2018 drill program that was successful in expanding known gold mineralized zones previously discovered by the Company, including the discovery and delineation of new gold mineralized zones. The 2019 drill program will also utilize the technical and geological information on the structural trends acquired 2018. The construction o...