WALKER RIVER ANNOUNCES SIGNIFICANT GOLD INTERCEPTS AT THE LAPON CANYON GOLD PROJECT
Walker River Hits Bulk Tonnage Grades, Hints at Larger Porphyry System in Nevada
On December 11, 2025, Walker River Resources announced significant gold intercepts from nine new reverse circulation (RC) drill holes at its Lapon Canyon Gold Project in Nevada. The results confirm and extend gold mineralization to the south and east of the "Hotspot" zone.
Key highlights include: - LC-25-163: 3.05 g/t Au over 53.3 meters - LC-25-162: 1.49 g/t Au over 47.2 meters - LC-25-159: 1.14 g/t Au over 45.7 meters
The company also reported the discovery of intrusive-related gold mineralization hosted in monzonite, which suggests the potential for a larger monzonite porphyry system. This is a shift from previous results that were predominantly hosted in altered granite. Geophysical surveys are now being planned to define future drill targets, with an initial NI 43-101 resource estimate anticipated in 2026.
The December 11, 2025, drill results are materially positive and build directly on a series of strong results released throughout the year. While previous releases in October 2025 showcased higher-grade intercepts (e.g., 21.8 g/t Au over 4.6 meters), this news demonstrates excellent continuity with significant widths of potentially economic, bulk-tonnage grade mineralization. The headline intercept of 53.3 meters of 3.05 g/t Au is a robust result for any exploration project.
The progression of news in 2025 shows a company systematically executing its plan: - January-March 2025: Reported strong initial results from the 2024 program (e.g., 77.72 m of 3.88 g/t Au), secured a critical earn-in agreement with Nevada Canyon Gold Corp. to fund exploration, and raised initial capital. - May-June 2025: Announced the start of the 2025 drill program and completed a small financing. - October 2025: Released two batches of exceptional drill results that significantly extended mineralization and included high-grade intervals, confirming the robust nature of the system. - November 2025: Secured $1 million in financing at $0.25, strengthening the balance sheet for working capital purposes. - December 2025 (Current News): The latest results continue the trend of success. Critically, they introduce a new geological concept—the potential for a much larger porphyry system. This discovery of gold in monzonite expands the exploration potential beyond the previously known altered granite host rock.
From a critical perspective, the company is successfully delivering on its exploration promises, a positive sign. The funding agreement with Nevada Canyon Gold Corp. is the key factor that has enabled this consistent news flow and de-risks the exploration phase for Walker River shareholders. This latest news further validates the project's potential and provides a clear path towards the stated goal of a maiden resource in 2026. The market had already reacted positively to the October news, and these results should provide strong support for the current valuation and investor confidence.
Walker River Resources is a Canadian-based junior mineral exploration company focused on its 100%-owned Lapon Gold Project, located in the prolific Walker Lane gold trend in Nevada, USA. The project consists of 147 claims, with the primary focus on the Lapon Canyon portion. This area has a history of high-grade underground gold mining. The company's recent exploration efforts have successfully defined and expanded the "Hotspot" zone, a near-surface, high-grade discovery, and are now indicating the potential for a larger, underlying mineralized system.