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Walker River Resources (TSXV:WRR) receives new gold results from Lapon

Market News, Mining
TSXV:WRR
01 February 2023 14:45 (EDT)

Source: Walker River Resources Corp.

Walker River Resources (WRR) has received the gold results from its drill program at the Lapon Gold Project in Nevada.

The Lapon Gold Project is made up of 147 claims in the Wassuk Range, within the Walker Lane shear zone. This zone is a 100-kilometre-wide corridor that extends in a southeast direction from Reno, Nevada.

According to the company, drilling continued to confirm gold mineralization at the Lapon Canyon area and extend the Hotspot zone along the strike, at depth and at width.

A total of 10 holes were drilled here, including seven at the new Hotspot zone, which returned low but continuous grades of gold.

Drill holes showing lower anomalous gold mineralization are considered to be significant by the company for indicating the presence of potential higher-grade mineralization nearby.

Walker River Resources stated its recent drill program demonstrated the feasibility of drilling multiple holes from the same drill pad setup, saving time and costs.

The 2023 drill programs at Lapon Canyon will focus on extending strike, width and depth of the Hotspot zone. Drilling will help with geological modelling as well as discover new gold mineralization and extend known gold mineralization in several directions, including at depth.

Walker River Resources Corp. (WRR) is down 38.30 per cent, trading at $0.29 per share as of 2:37 p.m. EST.


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