CA Market News
3日前
Walker Begins Drill Program at the Lapon Canyon Gold ProjectJune 11, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 11, 2026) - Walker River Resources Corp. (TSXV: WRR) ("Walker" or the "Company") is pleased to announce the commencement of its 2026 reverse circulation ("RC") drill program at the Lapon Canyon Gold Project, located within Nevada's prolific Walker Lane Gold Trend, approximately 60 kilometres southeast of Yerington, Nevada.The 2026 drill program is designed to advance both resource expansion and exploration objectives through a combination of infill and step-out drilling. A primary focus of the campaign will be testing deeper intrusive-related targets, including prospective monzonitic and porphyritic intrusive phases and associated gold-bearing feeder structures identified during the Company's 2025 drill program. An initial 10,000 metres of RC drilling is planned, with the potential to expand the program, subject to drilling progress, permitting, and access conditions.As previously announced on May 27, 2026, the Company recently completed a property-wide airborne magnetic and radiometric survey covering the Lapon Canyon Project. Interpretation of the geophysical dataset is ongoing and is expected to enhance the Company's understanding of the Project's geological and structural framework. The results may assist in refining drill targeting and evaluating the potential for additional mineralized systems at depth. Preliminary observations indicate several geophysical features spatially associated with known zones of gold mineralization and previous positive drill results.Historically, gold mineralization at Lapon Canyon was interpreted to be largely confined to a broad, shallow, iron oxide-altered horizon. Results from the 2025 drilling program, however, identified intrusion-related gold mineralization associated with monzonitic intrusive rocks, significantly expanding the Project's exploration model and highlighting the potential for previously unrecognized mineralized source zones at depth.The recognition of monzonite-hosted gold mineralization may indicate the presence of a broader intrusive-related mineralizing system, a style of mineralization commonly associated with significant gold deposits in Nevada. This interpretation is further supported by elevated copper values observed in multi-element geochemical analyses and by the identification of interpreted structural controls that may represent mineralized feeder zones, including those associated with higher-grade intervals intersected in drill hole LC-25-170.The Company looks forward to providing updates as drilling progresses and as interpretation of the recently completed geophysical survey advances.Michel David, Walker River's President & CEO states: "We are very excited to start this year's drill campaign at Lapon, after the outstanding drill results from our 2025 drilling, now along with results from the recently completed geophysical survey."Other on-going work at Lapon Canyon consists of data compilation, resource modelling, a follow up geological mapping and sampling program, in conjunction with the recent geophysical survey's identified targets. Results from the previous and 2026 drill programs, including the subsequent data compilation will be the basis for the completion of an initial NI 43-101 compliant mineral resource on the Project which is expected to be completed in 2026. In addition, using the above exploration work to identify future drill targets in the deeper-seated intrusive bodies and new resource expansion in the relatively unexplored areas of the Property. The scientific and technical information contained in this news release has been reviewed, verified and approved by Dave Nuttall P.Geo, President of Geo Exploration, who is an independent Qualified Person as defined under NI 43-101 Standards of Disclosure for Mineral Projects.About the Lapon Gold ProjectThe Lapon Gold Project consists of 147 unpatented mining claims totaling approximately 2,940 acres, located in the Wassuk Range within Nevada's Walker Lane structural corridor, a regionally significant northwest-trending deformation zone that hosts numerous gold and precious metal deposits. The Project comprises the Lapon Canyon claim block, the Pikes Peak claims located approximately 4 kilometres to the north, and the Rattlesnake and Range Front claims located approximately 3 kilometres to the west and at approximately 600 metres lower elevation relative to current drilling at Lapon Canyon. The Lapon Canyon portion of the Project, consisting of 96 claims, is subject to a US$5 million exploration stream earn-in agreement with Nevada Canyon Gold Corp., as announced on February 3, 2025. The Rattlesnake, Range Front, and Pikes Peak claim groups cover approximately 8 kilometres of prospective range-front structural trends interpreted to represent extensions of the mineralized system identified at Lapon Canyon and define several additional exploration targets. The Rattlesnake and Pikes Peak areas host historical workings, including adits, shafts, and underground development, as well as road access throughout portions of the claim blocks. Limited modern exploration has been conducted on these claim groups prior to Walker River's acquisition. FOR FURTHER INFORMATION PLEASE CONTACT:
Michel David, CEO & Director
Tel: 819 874-0030
Email: info@wrrgold.com
Website: www.wrrgold.comNeither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statements Regarding Forward-Looking Information
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, social and regulatory uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to complete proposed exploration work, the results of exploration, continued availability of capital, and changes in general economic, market and business conditions. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300969 Original: Walker Begins Drill Program at the Lapon Canyon Gold Project
CA Market News
4月前
Walker River Announces Significant Gold Intercepts Including 3.97 g/t Au over 85 Metres at the Lapon Canyon Gold ProjectFebruary 25, 2026 8:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - Walker River Resources Corp. (TSXV: WRR) ("Walker" or the "Company") is pleased to announce additional assay results from its 2025 reverse circulation ("RC") drill program at the Lapon Canyon portion of the Lapon Gold Project, located within Nevada's Prolific Walker Lane Gold trend, 60 km SE of Yerington, NV.Highlights:Results from drilling on the new upper drill roads continue to confirm and extend gold mineralization to the south and the east of the Hotspot zone, results include: Drill hole LC-25-170 returned 3.79 g/t Au over 85.34 meters starting at 143.26 meters, including 16.49 g/t Au over 6.10 meters, and 10.24 g/t Au over 6.09 meters demonstrating the robust nature, thickness and continuity of the gold mineralization at Lapon Canyon. Drill hole LC-25-168 returned 1.33 g/t Au over 57.91 meters starting at 124.97 meters, including 2.06 g/t Au over 28.95 meters, starting at 143.26 meters.Drill hole LC-25-169 returned 1.64 g/t Au over 44.20 meters starting at 129.54 meters.Drill hole LC-25-171 returning 1.92 g/t Au over 4.57 meters starting at 74.68 meters and 1.05 g/t Au over 36.58 meters starting at 175.26 meters.It is very significant that gold discovered in these drillholes is contained within intrusive emplacement, notably monzonitic units.
Drill HoleFrom
(m)To
(m)Width*
(m)Gold
(g/t)LC-25-166158.50166.127.621.11
LC-25-168124.97182.8857.911.33incl143.26172.2128.952.06
LC-25-169129.54173.7444.201.64
LC-25-17088.3989.921.537.96
143.26228.6085.343.79incl161.54167.646.1016.49and 196.60202.696.0910.24
LC-25-17174.6879.254.571.92and175.26211.8436.581.05 Table 1. Drill Results *Sampled width is presented. True width is estimated to be between 60 and 90 percent of sampled lengthsDrill holes LC-25-167, LC-25 172, LC-25-173 returned no significant results Historically at Lapon, gold mineralization has been restricted to a broad, shallow, iron oxide- altered horizon. The 2025 drill programs have identified intrusive related gold mineralization at Lapon, significantly expanding the project's exploration potential, by opening up new deeper seated rock units capable of hosting additional mineralization. The identification of monzonite as the host rock for the gold suggests the possible presence of a monzonite porphyry system, a deposit style commonly associated with gold mineralization in Nevada. Elevated copper values observed in multi-element geochemical sampling further support this interpretation. These results may also represent gold mineralization within feeder structures, including higher grade zones such as that encountered in drill hole LC-25-170. Drilling in 2025 at Hotspot, significantly extended gold mineralization to the south and the east. The majority of drilling at Lapon Canyon is conducted systematically from strategically positioned drill pads, with pads typically spaced 30 to 60 metres apart and accommodating up to six holes oriented in varying azimuths. Both historical and recent drilling indicate that the gold system is predominantly sub-horizontal to moderately south-dipping in geometry, with evidence of more steeply dipping, higher-grade shoots developed within the broader mineralized envelope. Recent drilling has also successfully discovered intrusive hosted gold mineralization, a style not previously recognized at Lapon. The 2025 drill programs were designed to support both resource definition and exploration objectives, including infill drilling within the Hotspot deposit and testing for extensions along strike and downdip. All holes from this release were collared from the upper new drill roads east of Hotspot. Figure 1. Plan map of the Lapon Gold deposit, showing the Central and Hotspot zones with historic and 2025 drilling results and contours for 0.1 - 1.0 g/t Au (yellow) and 1.0 - 10.0 g/t Au (magenta).To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5054/285152_e1a80d69b4007934_002full.jpgFigure 2. Cross-section of the Lapon Gold deposit at Hotspot, showing historic and 2025 drilling results with highlights of intervals from this release and contours for 0.1 - 1.0 g/t Au (yellow) and 1.0 - 10.0 g/t Au (red).To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5054/285152_e1a80d69b4007934_003full.jpgMichel David, Walker River's President & CEO states: "We continue to receive significant gold values over impressive thicknesses. The discovery of gold within dioritic and monzonitic units increases our excitement at Lapon, as it opens up new potential at the Project for intrusive hosted gold mineralization. The discovery of definable high grades feeder zones at depth only serves to increase our excitement."On-going work at Lapon Canyon consists of data compilation, interpretation and resource modelling. Further drilling in 2026 will focus on in-fill and exploration drilling to define the potential sources of the feeder zones and emplacement of discrete deeper seated intrusive bodies. We will be undertaking detailed and extensive geophysical surveys to aid in targeting. Results from previous and the 2025 drill programs, including the subsequent data compilation will be the basis for the completion of an initial NI 43-101 compliant mineral resource on the Project which is expected to be complete sometime in 2026. In addition, work will continue at Lapon Canyon to identify future drill targets in the deeper-seated intrusive bodies. 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 Canyon samples were delivered to American Assays Laboratories' certified laboratory facilities in Sparks, NV. The samples were crushed, pulverized and the sample pulps digested and analyzed for gold using fire assay fusion and a 50 g gravimetric finish. Certain intensely altered samples used a 1 kg pulp screened to 100 microns. Duplicate assay on screen undersize. Assay of entire oversize fraction. Samples are taken and bagged directly at the drill rig at every 1.5-meter interval, standard in the exploration industry. A small sample is also taken at the drill rig and put into a chip tray for examination purposes and to determine those sample bags that should be sent to the lab for assay purposes. Often this work is carried out using a microscope for the examination of the rock chips. The full sample bag from the interval chosen for assay purposes is then sent directly from the drill site to the lab, located in Sparks, NV.The scientific and technical information contained in this news release has been reviewed, verified and approved by Dave Nuttall P.Geo, President of Geo Exploration, who is an independent Qualified Person as defined under NI 43-101 Standards of Disclosure for Mineral Projects.About the Lapon Gold Project
The Lapon Gold Project consists of 147 unpatented mining claims totaling approximately 2,940 acres, located in the Wassuk Range within Nevada's Walker Lane structural corridor, a regionally significant northwest-trending deformation zone that hosts numerous gold and precious metal deposits. The Project comprises the Lapon Canyon claim block, the Pikes Peak claims located approximately 4 kilometres to the north, and the Rattlesnake and Range Front claims located approximately 3 kilometres to the west and at approximately 600 metres lower elevation relative to current drilling at Lapon Canyon. The Lapon Canyon portion of the Project, consisting of 96 claims, is subject to a US$5 million exploration stream earn-in agreement with Nevada Canyon Gold Corp., as announced on February 3, 2025. The Project is accessible by secondary state roads located approximately 25 kilometres from the nearest highway and is situated approximately 60 kilometres southeast of Yerington, Nevada. Electrical transmission infrastructure passes within approximately 3 kilometres of the Project area.The Rattlesnake, Range Front, and Pikes Peak claim groups cover approximately 8 kilometres of prospective range-front structural trends interpreted to represent extensions of the mineralized system identified at Lapon Canyon, and define several additional exploration targets. The Rattlesnake and Pikes Peak areas host historical workings, including adits, shafts, and underground development, as well as road access throughout portions of the claim blocks. Limited modern exploration has been conducted on these claim groups prior to Walker River's acquisition. The Rattlesnake workings are located approximately 3 kilometres along strike and approximately 600 metres lower in elevation relative to the Lapon Canyon mineralization, supporting the interpretation of a vertically extensive mineralized system. Lapon Canyon hosts historical underground workings totaling approximately 2,000 feet (610 metres) developed through three adits. Historical sampling reported in an NI 43-101 technical report (Montgomery and Barr, 2004) returned numerous high-grade gold assay results, including values exceeding 1 ounce per ton gold, with a reported sample returning 20.6 ounces per ton gold from the end of the A Adit. FOR FURTHER INFORMATION PLEASE CONTACT:
Michel David, CEO & Director
Tel: 819 874-0030
Email: info@wrrgold.com
Website: www.wrrgold.comNeither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statements Regarding Forward Looking Information
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, social and regulatory uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to complete proposed exploration work, the results of exploration, continued availability of capital, and changes in general economic, market and business conditions. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285152
Original: Walker River Announces Significant Gold Intercepts Including 3.97 g/t Au over 85 Metres at the Lapon Canyon Gold Project
onedayyyyyyyyy
6年前
HUGE NEWS:::HIGH GOLD GRADES:
WRRZF WRR.V) Walker Announces Drill Results from the Lapon Gold Project
Wednesday, February 5, 2020, 8:02 AM ET
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2020) - Walker River Resources Corp. (TSXV: WRR) ("Walker" or the "Company") is pleased to announce additional drill results from the late 2019 reverse circulation ("RC") drill programs on the Lapon Gold Project, located approximately 60 kilometres southeast of Yerington, Nevada.
RC drill hole LC19-42 returned 96.03 g/t Au (uncut) over 13.7 meters, including 547.05 g/t Au over 1.5 meters, 115.38 g/t Au over 1.5 meters, and 199.06 g/t Au over 1.5 meters, at a depth of approximately 76 meters.
RC drill hole LC19-43 returned 94.81 g/t Au (uncut) over 6.1 meters including 305.25 g/t Au over 1.5 meters, and 73.86 g/t Au over 1.5 meters, at a depth of approximately 84 meters.
RC drill hole LC 19-45 returned 346.4 g/t Au (uncut) over 1.5 meters at a depth of 3 meters.
Key Highlights:
-- Holes 42 and 43 were only the second and third holes carried out in this
new zone discovered in hole 19-35 which returned 1.37 g/t Au over 22.9
meters. (see news release 09-04-19)
-- Significantly, in Hole 42, the assay interval of 199.06 g/t Au over 1.5
meters, was in granite at the contact with the altered zone.
-- To date, mineralization has been discovered in broad, altered, fractured
and brecciated NE trending structural zones. 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.
-- To date all the drill holes carried out in the Lapon Rose and the newly
discovered zone have returned gold mineralization.
-- The 2019 exploration program was focused on the expansion and delineation
of the gold mineralized zones discovered by the Company, as well as
exploring other areas of the project in the search for new mineralization
and potential discoveries
-- Walker's initial geological mapping and prospecting on the Lapon Gold
Project, followed by its drill programs, has demonstrated the potential
for the emplacement of significant gold mineralization.
Assay Table: Summary of Drill Results:
Alt. From To Length** Assay (Au g/t)
Hole (m) (m) (m) (m) uncut Notes:
LC 19-42 65.5 79.2 13.7 96.03 New Zone
incl 65.5 67.07 1.5 547.05
incl 68.6 70.1 1.5 115.38
incl 77.7 79.2 1.5 199.06
LC 19-43 82.3 88.4 6.1 94.81 New Zone
incl 82.3 83.8 1.5 305.25
incl 86.9 88.4 1.5 73.86
LC 19-45 1.5 3 1.5 346.4 Honeypot. Abandoned
due to caving at 10m
**True widths approx. 80%
The Lapon Rose Zone has now been drilled over a strike length of some 365 meters. The width of the zone now exceeds 250 meters, and the zone has been drilled over a vertical extent of 400 meters. The zone remains open along strike and depth.
The morphology of the newly discovered zone, located underneath granite some 130 meters south of Lapon Rose is unknown at this time.
Drilling at the Honey pot has been challenging. Located in an intense fault zone at intrusive contacts, the Company has been unable to attain the drill targets or achieve significant drill lengths, using the current type of RC drill rig. Holes LC 19-45 and LC 19-46 were both abandoned at a depth of 10 meters due to caving.
Significantly though, the 2 holes (LC 19-45 and LC 19-46) were abandoned at very shallow depths, both returned significant gold values, including 346.4 g/t Au in LC 19-45 and 1.05 g/t Au over 1.5 meters in hole LC 19-46 at a depth of 3 meters.
Originally, the Honeypot discovery was made during drill road construction, with alteration and visible gold in an outcrop. The Company is presently analyzing the type of drill rig required to successfully drill this location.
At the Pikes Peak portion of the Lapon Gold project, road access construction is complete. Numerous workings including shafts and adits are located on the claims. Initial mapping and sampling returned significant results including 9.0 g/t Au and 2.22% Cu from an outcrop. Further results from the Lapon Gold Project will be release as they become available.
About the Lapon Project
The Lapon Gold Project consists of 147 claims (2940 acres) that includes Lapon Canyon, the newly acquired Pikes Peaks claims 4 kilometers to the north and the Rattlesnake Range Front claims 3 kilometers to the west and over 600 meters lower than the present drilling at Lapon Canyon. The Lapon Gold Project is 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 Gold 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 Gold 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 Canyon, and at least two can be traced for over four kilometers.
The Rattlesnake and Pikes Peak claims cover over 8 kilometers of possible extensions of the range front zones to the west, north and south of Lapon Canyon, adding several additional drill target areas to the Lapon Gold Project. Rattlesnake and Pikes Peak contain numerous historical workings that consist of, milling facilities several adits at different levels, underground workings with vertical shafts, and a network of existing roads providing access to connect all the historical workings.
Small-scale high-grade mining began at Lapon Canyon 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 at Lapon Canyon 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 Canyon samples were delivered to American Assays Laboratories' certified laboratory facilities in Sparks, NV. The samples were crushed, pulverized and the sample pulps digested and analyzed for gold using fire assay fusion and a 50g gravimetric finish. Intensely altered samples used a 2 kg pulp screened to 100 microns. Duplicate assay on screen undersize. Assay of entire oversize fraction.
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 director of the Company, and 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
Neither TSX Venture Exchange Nor Its Regulation Service Provider (As That Term Is Defined In The Policies Of The TSX Venture Exchange) Accepts Responsibility For The Adequacy Or Accuracy Of This News Release.
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/52113
(END) Dow Jones Newswires
February 05, 2020 08:02 ET (13:02 GMT)
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