Walker River begins drilling at Lapon project
2024-06-06 12:37 ET - News Release
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Mr. Michel David reports
WALKER RIVER BEGINS DRILLING AT THE LAPON GOLD PROJECT
Walker River Resources Corp. has begun reverse circulation (RC) drilling at the Lapon gold project, located in Mineral county, Nevada, 60 kilometres southeast of Yerington, Nev.
The initial 2024 drill program at Lapon Canyon will consist of exploration drilling near the historical Lapon Canyon mine, the Central zone and the newly discovered Hot Spot zone. Drill holes are planned to extend known gold-bearing mineralized zones along trend and at depth, as well as to target new areas of mineralization previously untested.
Lapon Canyon's Hot Spot zone is a primary target for the 2024 drill program. Following up on the blind, high-grade, near-surface discovery made in 2021, the company will carry out grid-style drilling over the target, testing for extension of the mineralized zone in all directions, as well as for continuity with the mineralization of the Central zone. Grid drilling will consist of pads placed at approximately 30-metre centres on section, with up to five holes planned per pad. The mineralization is not visible at surface, as it is overlain by approximately three metres of loose colluvium, making the target blind, but also making drill road access and pad construction quicker at less cost.
Surficial mapping and rock sampling will be carried out at bedrock exposures surrounding the Lapon Canyon gold targets. Structural data collection will be a key objective, as Walker aims to focus in on the structural controls of high-grade mineralization and the broad disseminated deposits enveloping them.
The company also announces it has retained Serac Exploration of Vancouver, B.C., a full-service mineral exploration consulting firm. Serac will be responsible for the management and supervision of the drilling database, geological mapping, producing drill logs from RC chips, and producing a three-dimensional model of the Lapon gold project. Serac's initial interpretations of Lapon's historical data have been used to produce a geological model of the Central and Hot Spot zones, which has already greatly enhanced the planning and design of Walker's future 2024 drill program.
Walker River has completed considerable exploration work to date, with numerous drill hole intercepts that have indicated significant gold mineralization. The drill programs at Lapon Canyon will consist of definition and systematic drilling on section for geological modelling purposes, exploration drilling to discover new gold mineralization, extension of known gold mineralization, in several directions, including at depth. The results from the 2024 drill programs and subsequent data compilation will enable the completion of an initial NI 43-101 compliant mineral resource on the Project.