Walker Lane Resources Ltd. Secures Strategic Properties in Nevada's Walker Lane Gold Trend

In the dynamic world of mining and exploration, strategic acquisitions can often be the difference between stagnation and exponential growth. Walker Lane Resources Ltd. (TSX-V: WLR) has recently made a significant move by optioning three properties—Tule Canyon, Cambridge, and Silver Mountain—from Silver Range Resources Ltd. (TSX-V: SNG). These properties are located in the Walker Lane Gold Trend in western Nevada, a region known for its rich history of mining and exploration. This strategic acquisition aligns perfectly with Walker Lane's objectives to expand its presence in a high-potential area and diversify its property portfolio.

The Walker Lane Gold Trend is a geological treasure trove, hosting notable precious metal deposits such as the Comstock Lode, Round Mountain (Kinross), Silicon and Merlin (AngloGold Ashanti), Mesquite and Castle (Equinox Gold), and many others. Despite its rich history, the area remains vastly underexposed to modern exploration methods, offering substantial upside potential for companies willing to invest in contemporary exploration techniques.

One of the standout properties in this acquisition is the Tule Canyon Property, located 95 km south of Tonopah and 80 km northwest of Beatty in Esmeralda County, near the Nevada-California border. Tule Canyon boasts a 5 kilometer-long structural corridor of mesothermal high-grade gold and silver mineralization, with surface grab samples producing up to 31.8 g/t gold and 4,320 g/t silver. This high-grade potential is a significant draw for Walker Lane, as it aligns with their objective to acquire properties with substantial upside potential.



The optioning of these properties also serves to fulfill a long-standing objective of Walker Lane's Board—to acquire properties that enable them to conduct exploration activities year-round. This strategy will result in a vastly improved flow of exploration activity and results, enhancing the company's chances of making significant discoveries. Walker Lane is also pleased to be working closely with Mr. Mike Power of Paladin Geosciences Corp., who has a considerable understanding of the geology and mineralization styles in Nevada. This collaboration enhances Walker Lane's exploration capabilities and increases the likelihood of successful discoveries.

The Walker Lane area benefits from nearby excellent infrastructure, considerable road accessibility, a local, qualified, and competent labor force, and a diverse range of supply companies. This infrastructure support is crucial for the efficient and cost-effective operation of exploration and mining activities. Additionally, Nevada is known for one of the best permitting and policy regimes in the world for mining, reducing the risks and uncertainties associated with mining operations.

In summary, the optioning of properties like Tule Canyon, Cambridge, and Silver Mountain from Silver Range Resources Ltd. aligns with Walker Lane Resources Ltd.'s strategic objectives by expanding their presence in the Walker Lane Gold Trend Area, diversifying their property portfolio, targeting high-grade mineralization, applying modern exploration methods, enabling year-round exploration activities, and collaborating with experienced geologists. This move positions Walker Lane Resources Ltd. as a key player in the emerging Walker Lane Gold Trend, with the potential for significant discoveries and long-term growth.