Walker River Resources Corp. Announces New Discovery at Lapon Canyon
Vancouver, 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 m | Length** m | Assay (g/t Au) uncut cut* | |
| LC 17-19 | 15.2 | 21.3 | 6.1 | 18.6 | 13.6 |
| Including | 18.3 | 19.8 | 1.5 | 53.4 | 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 Project
The 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 abundant silica, varying 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.
Small scale high grade mining began on the project in 1914. Approximately 600 meters of drifts and raises were developed from two adits and a two-stamp mill was built. Further underground work was carried out, returning numerous assay values in the range of one ounce per ton, with a sample at the end of an adit returning 20.6 ounces per ton. (National Instrument 43-101, Montgomery and Barr, 2004). Additional work on the Project in the following years, included the installation of a ball mill and milling facilities.
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 every tenth sample. The Lapon samples were delivered to ALS Minerals certified laboratory facility in Reno, NV. The samples were crushed, pulverized and the sample pulps digested and analyzed for gold using fire assay fusion and a 50g gravimetric finish. Higher grade samples used a 1kg screen fire assay with screen to 100 microns and 50g gravimetric finish.
The scientific and technical content and interpretations contained in this news release have been reviewed, verified and approved by E. Gauthier, geol., Eng (OIQ) a Qualified Person as defined by NI 43-101, Standards of Disclosure for Mineral Projects.
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: info@wrrgold.com
Website: www.wrrgold.com
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