The initial 2024 drill program at Lapon Canyon will focus on exploration drilling near the historical Lapon Canyon Mine, the “Central Zone,” and the newly discovered “Hot Spot Zone.” The objective is to extend known gold-bearing mineralized zones along trend and at depth, as well as to explore new areas of mineralization previously untested.
### Exploration Focus on the “Hotspot Zone”
Lapon Canyon’s “Hotspot Zone” is a key target for the 2024 drill program. Building upon the high-grade, near-surface discovery in 2021, the Company plans to conduct grid-style drilling over the target area. This method will test for extensions of the mineralized zone in all directions and assess continuity with the mineralization of the “Central Zone.” The target’s mineralization lies beneath approximately 3 meters of loose colluvium, making it blind but allowing for cost-effective drill road access and pad construction.
Surficial mapping and rock sampling will complement the drilling activities, focusing on bedrock exposures surrounding the Lapon Canyon gold targets. The collection of structural data will be crucial in understanding the structural controls of high-grade mineralization and the surrounding disseminated deposits.
### Engagement with Serac Exploration
The Company has enlisted Serac Exploration of Vancouver, BC, a comprehensive mineral exploration consulting firm. Serac will oversee the management and supervision of the drilling database, geological mapping, drill log production from RC chips, and the creation of a three-dimensional model of the Lapon Gold project. Initial interpretations by Serac have already contributed to enhancing the planning and design of Walker’s upcoming 2024 drill program.
Significant exploration work has been completed at Lapon Canyon, with previous drill hole intercepts indicating substantial gold mineralization. The 2024 drill programs will include systematic and definition drilling for geological modeling, exploration to uncover new gold mineralization, and extension drilling of known mineralization in multiple directions, including at depth. The resulting data and findings from the 2024 drill programs will pave the way for the completion of an initial NI 43-101 compliant mineral resource assessment.
Michel David, President, expresses enthusiasm about the project’s potential, citing past drill results as promising indicators. The involvement of Serac in the project is expected to accelerate drilling processes, improve geological understanding, and enhance gold mineralization comprehension at the Lapon Gold Project.
The Lapon Gold Project spans 147 claims (2940 acres) in the Wassuk Range, within the Walker Lane shear zone in Nevada. The project’s strategic location near existing infrastructure and accessibility by secondary state roads enhances its development potential.
The project encompasses multiple claim areas, including Lapon Canyon, Pikes Peak claims to the north, and Rattlesnake and Range Front claims to the west, offering additional drill target opportunities. Historical mining activities in the region and significant assay values from previous work underscore the project’s prospectivity.
FOR FURTHER INFORMATION PLEASE CONTACT:
Michel David, CEO & Director
Tel: 819 874-0030
Email: info@wrrgold.com
Website: www.wrrgold.com
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Cautionary Statements Regarding Forward-Looking Information
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, social and regulatory uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
