Source: Walker River Resources Corp.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Walker River Resources Corp. (WRR) has received the gold results from its drill program at the Lapon Gold Project in Nevada
  • Drilling continued to confirm gold mineralization at the Lapon Canyon area
  • It also extended the Hotspot zone along strike, at depth at width
  • The 2023 drill programs at Lapon Canyon will focus on extending strike, width and depth of the Hotspot zone
  • Walker River Resources Corp. (WRR) is down 38.30 per cent, trading at $0.29 per share as of 2:37 p.m. EST

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.


More From The Market Herald

" ParcelPal (CSE:PKG) relaunches a new and improved mobile application

ParcelPal Logistics (PKG) will relaunch its mobile delivery application on a rolling basis over the coming months.

" Puma Exploration (TSXV:PUMA) confirms mineralization

Puma Exploration (PUMA) is confirming mineralization at its Williams Brook Gold Project in Northern New Brunswick.
Flying Nickel Mining

" Flying Nickel (TSXV:FLYN) confirms platinum, palladium, gold mineralization

Flying Nickel Mining (FLYN) is confirming, it uncovered gold mineralization from the most-recent drill program on its Minago Nickel PGM Project.

" NervGen Pharma (TSXV:NGEN) releases year-end operational highlights

NervGen Pharma (NGEN) reports 2022 year-end operational highlights and looks to start a phase 1b/2a clinical trial in Q3 2023.