Walker River Resources Partners with Nevada Canyon for Lapon Canyon Project Development

The latest update is out from Walker River Resources ( (TSE:WRR) ).

Walker River Resources Corp. has entered into an Exploration Stream Earn-in Agreement with Nevada Canyon, LLC, to explore and develop the Lapon Canyon Gold Project. This agreement allows Nevada Canyon to earn a 50% interest in the project by funding $5,000,000 in exploration expenses over three years. The partnership aims to accelerate drilling and development activities, potentially enhancing the project’s economic prospects and demonstrating its gold potential. The collaboration will result in a joint venture for further development, with each party contributing to future expenditures or facing dilution of their interests.

More about Walker River Resources

Walker River Resources Corp. operates in the mining industry, focusing on the exploration and development of gold resources. The company owns a 100% interest in the Lapon Canyon Project, consisting of 96 unpatented lode mining claims within the Walker Lane gold trend in Nevada, a region known for significant gold mineralization.

YTD Price Performance: 27.03%

Average Trading Volume: 39,255

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$11.43M

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