Walker River Resources Corporation (PK) (WRRZF) News

Bottom?

Not even close. This clown has fooled me way too often. I'll look again when it gets to 5 cents (CAD)

Bottom is in. Time to load up before the drills fire back up.

That's the report that suggested 60 -90 holes last year.

Research Article:

One of the only detailed research articles around. Suggesting a market value of around $.40 which is a 10x from here.

http://epsteinresearch.com/2021/01/12/highest-grade-gold-junior-in-nevada-that-no-ones-heard-of-walker-river-resources/

WRRZF Gold in NV

96.03 g/t over 13.7 m in LC19-42 incl 547 g/t over 1.5m, 115 g/t over 1.5 m, and 199 g/t over 1.5 m
94.g/t over 6.1 m in LC 19-43 incl 305 g/t over 1.5 m and73.8 g/t over 1.5m

These holes were drilled in 2019 and the company completed another phase of infill in this area in November.

The results of this recent activity are expected next month, and possibly in the next 2 weeks.

This co is unknown and unloved with a market cap of just $7m. Once large companies working in NV take notice (I know of a few private player that have) Walker River is going to be a hot takeover target. I've heard whispers of $.15 as a hostile bid which means its likely worth way more.

10x potential when they prove out two other areas that lie 1.5 miles on either side of their main area. Both of those areas show evidence of mining from 100 years ago and returned values of 9 g/t Au and 2.22% Cu from an outcrop at Pike's peak.

Ask getting thin on the TSX and HUGE support at .04

Drill results will be coming in at the end of January and early Feb. Visible gold seen in some of the samples so there should be some hot holes.

.12 target for a start on this one

Now the waiting game. I'll be waiting to steal 3's and 4's over the next 6 weeks while we wait for results.

Highlights from the last 5 years of exploration

7.84 g/t Au over 22.9 meters in LC 15-02 including 66.8 g/t over 1.5 meters, and 43.7 g/t over 1.56 m
48.02 g/t over 13.7 meters in LC 16-10 including 451 g/t over 1.5 meters
77.62 g/t over 12.2 meters in LC 16-10 incl 227g/t over 1.5 m, 207 g/t over 1.5 m, and 106 g/t over 1.5 m
39.12 g/t over 9.2 m in LC 16-12 incl 201g/t over 1.5 m
32.07 g/t over 6.1 m in LC 17-19 incl 53.4 g/t over 1.5 m
31.1 g/t over 13.7 m in LC 18-29 incl 198 g/t over 1,5 m and 78.1 g/t over 1.5 m
96.03 g/t over 13.7 m in LC19-42 incl 547 g/t over 1.5m, 115 g/t over 1.5 m, and 199 g/t over 1.5 m
94.g/t over 6.1 m in LC 19-43 incl 305 g/t over 1.5 m and73.8 g/t over 1.5m
1.04 g/t over 59.5 m in LC 20-53

Incredible results thus far

"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."

The last 12 months have been testing boundaries and contacts whereas now they are drilling into the meat of the deposit.

I am expecting some blockbuster results that are consistant with historical reports.

Very bullish but am expecting some buying opportunities over the next few weeks.

"Significant, visible gold"

https://ca.finance.yahoo.com/news/walker-begins-drilling-lapon-gold-130000796.html

I called the geochemistry lab in Reno NV to find out how busy they were and was told 8-10 weeks for results. The Last batch of samples went in on Nov 27. That means WRR won't publish drill results until mid Feb or March.

The next 6 weeks are going to be the time to accumulate cheapies as frustrated specs cash out.

In one of the PR's it was stated that significant visible gold was observed in at least one of the samples and I am expecting some very good grades on this phase of the drill campaign.

CEO just bought 130k shares and another director just bought 100k shares

Bullish

Gold having a good day. Its only a matter of time before Walker River starts getting bought up.

Their market cap is sitting around the NPV of the assets (claims and equipment) and they have $20m in the bank for exploration.

Seems like a market mistake and a huge opportunity.

Anomaly

What company is drilling 10g/t over 17m, finding 1 g/t in previously assumed barren ground, has a fully financed drill program, but only has a $10 million market cap?

Incredible buy at these prices.

and more results are due any day.

Get ready.10 hole essays due out any day... they drilled these holes just before the pandemic stop. They are drilling the next 50 also

With the gold grades they have this is going to explode one day

I'm kind of surprised this didn't take off with the news. Those are good grades. The share count's a little high but it isn't terrible.

We'll have to see what a few more holes do for us.

Howdy - Hi - Hey - What to MAKE of this ????
Man....
Market cap 17 mil

HUGE NEWS:::HIGH GOLD GRADES:

WRRZF WRR.V) Walker Announces Drill Results from the Lapon Gold Project
Wednesday, February 5, 2020, 8:02 AM ET


Vancouver, British Columbia--(Newsfile Corp. - February 5, 2020) - Walker River Resources Corp. (TSXV: WRR) ("Walker" or the "Company") is pleased to announce additional drill results from the late 2019 reverse circulation ("RC") drill programs on the Lapon Gold Project, located approximately 60 kilometres southeast of Yerington, Nevada.
RC drill hole LC19-42 returned 96.03 g/t Au (uncut) over 13.7 meters, including 547.05 g/t Au over 1.5 meters, 115.38 g/t Au over 1.5 meters, and 199.06 g/t Au over 1.5 meters, at a depth of approximately 76 meters.
RC drill hole LC19-43 returned 94.81 g/t Au (uncut) over 6.1 meters including 305.25 g/t Au over 1.5 meters, and 73.86 g/t Au over 1.5 meters, at a depth of approximately 84 meters.
RC drill hole LC 19-45 returned 346.4 g/t Au (uncut) over 1.5 meters at a depth of 3 meters.
Key Highlights:
-- Holes 42 and 43 were only the second and third holes carried out in this
new zone discovered in hole 19-35 which returned 1.37 g/t Au over 22.9
meters. (see news release 09-04-19)
-- Significantly, in Hole 42, the assay interval of 199.06 g/t Au over 1.5
meters, was in granite at the contact with the altered zone.
-- To date, mineralization has been discovered in broad, altered, fractured
and brecciated NE trending structural zones. Anomalous gold values are
denoted in many areas within this zone, and significant higher-grade
mineralization over significant widths is located within sub vertical en
echelon zones of intense alteration and gold enrichment.
-- To date all the drill holes carried out in the Lapon Rose and the newly
discovered zone have returned gold mineralization.
-- The 2019 exploration program was focused on the expansion and delineation
of the gold mineralized zones discovered by the Company, as well as
exploring other areas of the project in the search for new mineralization
and potential discoveries
-- Walker's initial geological mapping and prospecting on the Lapon Gold
Project, followed by its drill programs, has demonstrated the potential
for the emplacement of significant gold mineralization.
Assay Table: Summary of Drill Results:


Alt. From To Length** Assay (Au g/t)
Hole (m) (m) (m) (m) uncut Notes:

LC 19-42 65.5 79.2 13.7 96.03 New Zone
incl 65.5 67.07 1.5 547.05
incl 68.6 70.1 1.5 115.38
incl 77.7 79.2 1.5 199.06

LC 19-43 82.3 88.4 6.1 94.81 New Zone
incl 82.3 83.8 1.5 305.25
incl 86.9 88.4 1.5 73.86

LC 19-45 1.5 3 1.5 346.4 Honeypot. Abandoned
due to caving at 10m

**True widths approx. 80%
The Lapon Rose Zone has now been drilled over a strike length of some 365 meters. The width of the zone now exceeds 250 meters, and the zone has been drilled over a vertical extent of 400 meters. The zone remains open along strike and depth.
The morphology of the newly discovered zone, located underneath granite some 130 meters south of Lapon Rose is unknown at this time.
Drilling at the Honey pot has been challenging. Located in an intense fault zone at intrusive contacts, the Company has been unable to attain the drill targets or achieve significant drill lengths, using the current type of RC drill rig. Holes LC 19-45 and LC 19-46 were both abandoned at a depth of 10 meters due to caving.
Significantly though, the 2 holes (LC 19-45 and LC 19-46) were abandoned at very shallow depths, both returned significant gold values, including 346.4 g/t Au in LC 19-45 and 1.05 g/t Au over 1.5 meters in hole LC 19-46 at a depth of 3 meters.
Originally, the Honeypot discovery was made during drill road construction, with alteration and visible gold in an outcrop. The Company is presently analyzing the type of drill rig required to successfully drill this location.
At the Pikes Peak portion of the Lapon Gold project, road access construction is complete. Numerous workings including shafts and adits are located on the claims. Initial mapping and sampling returned significant results including 9.0 g/t Au and 2.22% Cu from an outcrop. Further results from the Lapon Gold Project will be release as they become available.
About the Lapon Project
The Lapon Gold Project consists of 147 claims (2940 acres) that includes Lapon Canyon, the newly acquired Pikes Peaks claims 4 kilometers to the north and the Rattlesnake Range Front claims 3 kilometers to the west and over 600 meters lower than the present drilling at Lapon Canyon. The Lapon Gold Project is 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 Lapon Project.
The Lapon Gold 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. Also, the past producing Esmeralda/Aurora gold mine, with reported production of some one million ounces and the Anaconda open pit copper mine in Yerington, Nevada.
The Lapon Gold Project is cut by a series of steeply dipping cross fault structures cutting across the Walker trend, analogous to other cross fault structures responsible for many gold and base metal deposits in the world. These faults are heavily sheared and altered (sericite, iron oxides) with abundant silica, varying in width from 60 to 300 meters. Four of these structures have been discovered at Lapon Canyon, and at least two can be traced for over four kilometers.
The Rattlesnake and Pikes Peak claims cover over 8 kilometers of possible extensions of the range front zones to the west, north and south of Lapon Canyon, adding several additional drill target areas to the Lapon Gold Project. Rattlesnake and Pikes Peak contain numerous historical workings that consist of, milling facilities several adits at different levels, underground workings with vertical shafts, and a network of existing roads providing access to connect all the historical workings.
Small-scale high-grade mining began at Lapon Canyon in 1914. Approximately 600 meters of drifts and raises were developed from two adits and a two-stamp mill was built. Further 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. (National Instrument 43-101, Montgomery and Barr, 2004). Additional work at Lapon Canyon in the following years, included the installation of a ball mill and milling facilities.
Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance
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 were delivered to American Assays Laboratories' certified laboratory facilities in Sparks, NV. The samples were 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.
The scientific and technical content and interpretations contained in this news release have been reviewed, verified and approved by E. Gauthier, geol., Eng (OIQ) a director of the Company, and a Qualified Person as defined by NI 43-101, Standards of Disclosure for Mineral Projects.
ON BEHALF OF THE BOARD OF DIRECTORS
"Michel David"
________________________
Michel David,
Chief Executive Officer and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Walker River Resources Corp.
Tel: 819 874-0030
Fax: 819 825-1199
Email: info@wrrgold.com
Website: www.wrrgold.com
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.
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/52113
(END) Dow Jones Newswires
February 05, 2020 08:02 ET (13:02 GMT)
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Tremendous potential here

I am still watching. I did not buy in yet. Let's see if there is gold. Good luck guys

Honeypot area. Actual visible gold on ground. “Wrr stockhouse”
.https://stockhouse.com/companies/bullboard/v.wrr/walker-river-resources-corp

lol, honest mistake. was wondering where everyone was at.

WOW WRONG BOARD, RIGHT TARGET $10

$WWR

I see it now...WWR

Oh sorry, i spelled it wrong. its WWR

What's the ticker? WRR pulls up nothing on Think or Swim.

WRR US equities

$10??? Last pps I see is .095.

This is the day. $WRR $10 plus is coming.

This is about to explode.

What a piece of sh?t

Get ready for a huge uptrend...Many more holes to be drilled and everything looks fantastic

Interesting video about WRRZF

https://finance.yahoo.com/news/walker-announces-additional-drill-results-130000852.html

Looks promising