- Walker River Resources (WRR) announces drill results from the 2021 reverse circulation drill programs at its Lapon Gold Project
- The 2021 drill program continues to target higher-grade trends and expand the new gold mineralization previously discovered at Lapon Canyon
- The company has received assay results from 64 drill holes at the Lapon project
- Walker River has received approval from the U.S. Bureau of Land Management to conduct drilling on the Pikes Peak portion of the Lapon Gold Project
- Walker River Resources Corp is focused on the identification, exploration and acquisition of mineral properties
- Walker River Resources Corp. (WRR) is currently trading at C$0.065 per share
Walker River Resources (WRR) is pleased to announce additional drill results from the 2021 reverse circulation drill programs at its Lapon Gold Project.
RC drill hole LC 21-65 returned 3.45 g/t Au over 30.5 meters from a depth of 33.5 meters. This is a very significant hole as it was drilled approx. 150 meters from the nearest intercept. It also includes a higher-grade intercept of 9.65 g/t Au over 1.5 meters, which appears to be on strike with the high-grade corridor located approx. 500 meters to the west.
RC drillhole LC 21-61 returned 1.22 g/t Au over 7.6 meters from surface. This hole is significant as it demonstrates mineralization in granite.
Highlights:
- The drilling results expand the gold mineralization at Lapon Canyon, further define the direction and dip of the higher-grade structures, and expanded gold mineralization both laterally and to depth as shown in drill hole LC 21-65.
- LC 21-60 was designed to determine the possible extension of the higher-grade mineralization corridor discovered at Lapon. The higher-grade intercept in the hole at the target depth of 44 meters (1.5 meters of 9.32 g/t Au) represents the leading edge of the high-grade corridor.
- The drill program is designed to ascertain granite contacts and their relationships with the altered gold mineralized alteration zones. The company continues to intercept gold assay results in what was previously believed to be barren granite, as evidenced in drill holes LC 21-56 to 61.
- The 2021 drill program will continue to target the higher-grade trends and expand the new gold mineralization previously discovered at the 8800-foot elevation, at the Honeypot, Holes LC19-42 and 43, the lateral extension of LC 21-65, among other targets at Lapon Canyon.
- The 2020-2021 drill programs at Lapon Canyon consist of systematic drilling on section for geological modelling purposes, as well as exploration drilling to discover new gold mineralization and extend known gold mineralization.
The company has received assay results from 64 drill holes at the Lapon project.
The gold mineralization at Lapon Canyon is contained in a wide (300 meters), long (over 4km strike length), intensely altered (sericite, iron oxides) sheared and faulted NE trending zone. Gold mineralization is present pervasively throughout as an envelope of lower grade mineralization (0.5 to 2.0 g/t Au) enveloping distinct high-grade structures, that have been drilled over a strike length of over 800 meters and a vertical extent of 400 meters.
The drill program at the Lapon Canyon portion of the project will continue to consist of systematic drilling on sections for geological modelling purposes, as well as exploration drilling to discover new gold mineralization and extend known gold mineralization. A further 40 holes are scheduled and planned at Lapon Canyon. Drilling is scheduled to get underway in late September.
Finally, the company has received approval from the U.S. Bureau of Land Management for its exploration permit to conduct drilling on the Pikes Peak portion of the Lapon Gold Project.
Walker River Resources Corp is engaged in the process of identification, evaluation, exploration, and acquisition of mineral properties. Its projects include the Lapon Canyon Gold project, and the Garfield Flats project in Nevada.
Walker River Resources Corp. (WRR) is currently trading at C$0.065 per share.