Walker River Recieves Drill Permit
20 June 2014 - 12:10AM
Marketwired
Walker River Recieves Drill Permit
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 19, 2014) -
Walker River Resources Corp. ("Walker" or the "Company")
(TSX-VENTURE:WRR) is pleased to announce it has received a drilling
permit from the Bureau of Land Management (BLM) for an upcoming
drill program on its wholly owned Lapon Canyon Gold project,
located approximately 60 kilometers south of Yerington, Nevada.
Walker's initial planned diamond drill core program will target
potential high grade gold mineralization in cross cutting shear
structures. Results and compilation from this initial drill program
will be utilized in the planning of a follow up diamond drilling
program.
The Lapon Canyon gold project consists of 36 claims (720 acres)
located approximately 60 kilometers south of Yerington, Nevada, in
the Wasuk Range, easily accessible by secondary state roads from
the main highway (25 kilometers). A power transmission line passes
within three kilometers of the property.
The Lapon Canyon project is located within the Walker Lane shear
zone, a 100 km wide structural corridor extending in a southeast
direction from Reno. The past producing historic Comstock lode
silver/gold mine is located within this trend, as is the past
producing Esmeralda/Aurora gold mine, with reported production of
about one million ounces. Nevada Copper Corp.'s new mine, Pumpkin
Hollow, (981,000 ounces gold, 34 million ounces silver, 5.4 billion
pounds copper) is also located within the Wasuk Range about 25 km
north of Lapon Canyon.
The Lapon Canyon project is cut by a series of steeply dipping
cross fault structures cutting across the Walker Trend, analagous
to other cross fault structures responsible for many gold and base
metal deposits in the world. These faults are heavily sheared and
altered with abundant silica. They vary in width from 60 to 300
meters. Four of these structures can be seen in Lapon Canyon, and
two can be traced over 4 km.
The gold mineralization is located within en echelon structures
within these faults.
Small scale high grade gold mining began in 1914. The mine area
was at the top of the canyon and at that time it was extremely
difficult to access, indicating that the mineralization was rich
enough to drag equipment and supplies up a steep canyon. About 600
meters of drifts were developed and a two stamp mill was built.
Further limited 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 (NI
43-101 Montgomery and Barr, 2004)
Surface sampling by Walker returned a result of 0.398 ounces per
ton gold (see news release Jan 9, 2014)
E.Gauthier,geol., Eng (OIQ) acts as the qualified person to the
Company and has reviewed and approved the contents of this
release.
ON BEHALF OF THE BOARD OF DIRECTORS
Michel David, Chief Executive Officer and Director
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.
Walker River Resources Corp.819 874-0030819
825-1199info@wrrgold.comwww.wrrgold.com
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