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Walker River Resources Corp.
Summary
| Project: | Lapon Canyon | |
|---|---|---|
| Deposit: | Lapon Canyon | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 10/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-10-2017: Walker River Resources Corp. announces an Exploration/Drilling Update report for its Lapon Canyon deposit at the Lapon Canyon project. Drilling results incl. 18.3m @ 7.8g/t Au from 1.5m. Vancouver, British Columbia--(Newsfile Corp. - October 4, | |
| Resources: | x | |
| CP/QP: | [Overall Report]: E. Gauthier (Not stated) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - October 4, 2017) - Walker River Resources Corp. (TSXV: "WRR") ("Walker" or the "Company") is pleased to announce initial results from the 2017 reverse circulation ("RC") drill program on the Lapon Canyon gold project, located approximately 60 kilometres southeast of Yerington, Nevada. The present drill program is designed to expand gold mineralized zones discovered by the company in 2015 and 2016, and to discover and delineate new gold mineralized zones. These are preliminary results from the 2017 drill program and further assays are pending. Initial drilling began on the project in Dec 2015 and 2016. 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. | |
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