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Walker River Resources Corp.
Summary
| Project: | Lapon Canyon | |
|---|---|---|
| Deposit: | Lapon Rose Zone | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 11/9/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-11-2016: Walker River Resources Corp. announces an Exploration/Drilling Update report for its Lapon Rose Zone deposit at the Lapon Canyon project. Drilling results incl. 12.2m @ 77.62g/t Au from 54.9m. Vancouver, B.C. November 9, 2016 - Walker River Res | |
| Resources: | x | |
| CP/QP: | [Overall Report]: E. Gauthier (Not stated) | |
| ABSTRACT: | Vancouver, B.C. November 9, 2016 - Walker River Resources Corp. (“Walker” or the “Company”) (TSX-V: “WRR”) is pleased to announce results from the reverse circulation (“RC”) drill program on the Lapon Canyon gold project, located approximately 60 kilometres southeast of Yerington, Nevada. RC drill hole’s 9, 10, and 12 were drilled in the Upper Lapon Rose zone in an altered sheared and faulted granodiorite and quartz monozonite porphyry. Alteration consists of sericite,FeOx and MnOx, secondary sulphidization, intruded by a series of flat lying altered quartz porphyry dykes. RC drill hole LC 15- 04 intersected a mineralized cross fault structure in previously unmineralized diorite. RC drill hole LC 16-10 was designed to verify the position of previously reported, presently inaccessible mined out area. The drill hole successfully intersected the mined-out stope at the reported location and verified the width at some 8 meters at a depth of 68 meters. It is significant that the gold mineralization encountered in LC 16-10 was encountered from 54.9 to 67.1 meters, only 0.8 meters from the stope. The Lapon Project consists of 36 claims (720 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 property. 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, the past producing Esmeralda/Aurora gold mine, with reported production of some one million ounces, as well as the Anaconda open pit copper mine in Yerington. Nevada Copper’s new mine, Pumpkin Hollow, is also located within the Wasuk Range about 25 kilometres north of Lapon. | |
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