Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Canada
  4. Bourse de Toronto
  5. Walker River Resources Corp.
  6. News
  7. Summary
    WRR   CA9317781040

WALKER RIVER RESOURCES CORP.

(WRR)
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Walker River Resources Corp. Begins Drilling At the Lapon Gold Project

11/15/2021 | 08:00am EST

Walker River Resources Corp. announced drilling has restarted on the 2021 reverse circulation (?RC?) drilling program at the Lapon Canyon portion, of the 100% owned Lapon Gold Project located approximately 60 kilometres southeast of Yerington, Nevada. Significant, visible gold (VG) was noted at a depth of 18.3 meters in hole LC 21-76, in the chip tray used for visual logging purposes at the drill rig. The 2021 drilling programs have been designed to determine structure and morphology for 3D geological modelling. Drilling has concentrated on the boundary contacts of the gold mineralization with the surrounding country rock (granite). To date, drilling has been successful in determining the gold mineralization continuing to be open along strike both to the NE and SW, including the discovery of new mineralization. Drill hole LC 21-65 (previously announced) was very important in this regard, it opened up mineralization to the NE, potentially being the continuation of the high-grade corridor some 500 meters to the west. The present drilling will now follow up and target the extensions of the high-grade zones and corridors, both at depth and along strike, as discovered in previous drilling at Lapon Canyon. To date, the Company has received assay results from 72 drillholes at the Lapon project. Of these, 19 returned significant higher grades, 23 returned significant lower grades, 16 were carried out in unaltered granite, and 12 were lost/abandoned. The gold mineralization at Lapon Canyon is contained in a wide (300 meters), long (over 4km strike length), intensely altered (sericite, iron oxides) sheared and faulted NE trending zone. Gold mineralization is present pervasively throughout as an envelope of lower grade mineralization (0.5 to 2.0 g/t Au) enveloping distinct high-grade structures, that have been drilled over a strike length of over 850 meters and a vertical extent of 400 meters. The high-grade gold mineralization is encountered in discrete, traceable zones located at the intersection of flat lying porphyry dikes and vertical stockwork fracture chimneys. All sampling was conducted under the supervision of the Company's project geologists and the chain of custody from the drill to the sample preparation facility was continuously monitored. A blank or certified reference material was inserted approximately every tenth sample. The Lapon Canyon samples are delivered to American Assays Laboratories, certified laboratory facilities in Sparks NV. The samples are crushed, pulverized and the sample pulps digested and analyzed for gold using fire assay fusion and a 50g gravimetric finish. Intensely altered samples used a 2 kg pulp screened to 100 microns. Duplicate assay on screen undersize. Assay of entire oversize fraction. Samples are taken and bagged directly at the drill rig at every 1.5-meter interval, an industry standard on Reverse Circulation (?RC?) exploration drill programs. A small sample is also taken at the drill rig and put into a chip tray for examination purposes and to determine those sample bags that should be sent to the lab for assay purposes. Often this work is carried out using a microscope for the examination of the rock chips. The full sample bag from the interval chosen for assay purposes is then sent directly from the drill site to American Assays Laboratories, certified laboratory facilities in Sparks NV.


© S&P Capital IQ 2021
All news about WALKER RIVER RESOURCES CORP.
2021Walker updates drilling program at the lapon gold project 
AQ
2021Walker River Resources Corp. Updates Drilling Program At the Lapon Gold Project
CI
2021Walker River Resources Begins Drilling at Lapon Gold Project
MT
2021Walker Begins Drilling at the Lapon Gold Project  
GL
2021Walker Begins Drilling at the Lapon Gold Project  
GL
2021Walker River Resources Corp. Begins Drilling At the Lapon Gold Project
CI
2021Walker River Resources Corp. Reports Earnings Results for the Third Quarter and Nine Mo..
CI
2021Walker Announces Drill Results from the Lapon Gold Project
GL
2021Walker Announces Drill Results from the Lapon Gold Project
GL
2021Walker River Resources Corp. Announces Drill Results from the Lapon Gold Project
CI
More news
Financials
Sales 2020 - - -
Net income 2020 -1,01 M -0,80 M -0,80 M
Net cash 2020 3,17 M 2,53 M 2,53 M
P/E ratio 2020 -14,4x
Yield 2020 -
Capitalization 7,96 M 6,36 M 6,35 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float 96,2%
Chart WALKER RIVER RESOURCES CORP.
Duration : Period :
Walker River Resources Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Michel David President, CEO & Non-Independent Director
Christopher James Hobbs Chief Financial Officer & Director
René Lessard Independent Director
Eugene Gauthier Director & Vice President-Exploration
Michael Hackman Director
Sector and Competitors
1st jan.Capi. (M$)
WALKER RIVER RESOURCES CORP.12.50%6
BHP GROUP12.48%168 152
RIO TINTO PLC10.22%121 600
GLENCORE PLC7.56%72 188
ANGLO AMERICAN PLC9.62%55 007
GRUPO MÉXICO, S.A.B. DE C.V.4.26%35 697