WALKER ANNOUNCES SHARE CONSOLIDATION

WALKER ANNOUNCES SHARE CONSOLIDATION

Walker River Resources Corp. (" Walker " or the " Company ")           (TSX-V: " WRR ") announces a consolidation of its common shares on a six (6) for one (1) basis (the " Share Consolidation "). The Company currently has 205,961,178 common shares issued and outstanding. Following the Share Consolidation, the Company expects to have 34,326,863 common shares issued and outstanding.

The TSX Venture Exchange (" TSXV ") has accepted the Share Consolidation and confirmed that the Company's common shares will commence trading, effective market open on July 25, 2022, on the TSX.V on a post-consolidated basis. The Company's name and trading symbol remain unchanged.

On the effective date, the Company's new CUSIP number will be 931778203 and ISIN will be CA9317782030. Letters of transmittal describing the process by which shareholders may obtain new share certificates or Direct Registration System (DRS) advices representing their consolidated common shares will be mailed shortly to registered shareholders. Shareholders who hold their shares through a broker or other intermediary and do not have shares registered in their name will not be required to complete a letter of transmittal. The letter of transmittal will be filed under the Company's profile on SEDAR at www.sedar.com .

Pursuant to the provisions of the Business Corporations Act (British Columbia) and the Articles of the Company, the Share Consolidation was approved by way of resolutions passed by the board of directors of the Company.

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.


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

WRR:CA
The Conversation (0)
WALKER RIVER ANNOUNCES ADDTIONAL DRILL RESULTS FROM THE LAPON GOLD PROJECT

WALKER RIVER ANNOUNCES ADDTIONAL DRILL RESULTS FROM THE LAPON GOLD PROJECT

Walker River Resources Corp. (" Walker " or the " Company ") (TSX-V: " WRR ") is pleased to announce drill results from the late 2022 reverse circulation (" RC ") drill program at the 100% owned Lapon Gold Project located approximately 60 kilometres southeast of Yerington, Nevada.

Drilling continues to confirm mineralization at Lapon Canyon and extend the Hotspot zone. At total of ten (10) holes were drilled here, including seven (7) at the new Hotspot zone, discovered during 2022.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
WALKER UPDATES DRILLING PROGRAM AT THE LAPON GOLD PROJECT

WALKER UPDATES DRILLING PROGRAM AT THE LAPON GOLD PROJECT

Walker River Resources Corp. (" Walker " or the " Company ") (TSX-V: " WRR ") is pleased to provide an update on its reverse circulation (" RC ") drill program at the 100% owned Lapon Gold Project located approximately 60 kilometres southeast of Yerington, Nevada.

A total of seventeen (17) drill holes were completed at the Lapon Gold Project. Sample preparation of the drill holes has been finalized, with over 1300 samples submitted to certified laboratory facilities in Sparks, NV.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
WALKER BEGINS DRILLING AT THE LAPON GOLD PROJECT

WALKER BEGINS DRILLING AT THE LAPON GOLD PROJECT

Walker River Resources Corp. (" Walker " or the " Company ") (TSX-V: " WRR ") is pleased to announce that reverse circulation ("RC") drilling has re-started at the Lapon Gold Project, located some 60 km SE of Yerington, Nevada.

Drilling started at the Pikes Peak portion of the Lapon Project, a seven-to-ten-hole program is planned here. Significant historical mining activities are present at Pikes (shafts, adits, mill) in a copper and gold environment. A previous regional sampling and prospecting program by Walker returned values of 9 g/t Au and 2.2% Cu from bedrock. (see news release 9/04/2019)

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Steppe Gold Announces Q1 2024 Financial Results

Steppe Gold Announces Q1 2024 Financial Results

Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the quarter ended March 31, 2024.

HIGHLIGHTS

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Element79 Gold Corp Welcomes the Successful IPO of Sun Silver Ltd.

Element79 Gold Corp Welcomes the Successful IPO of Sun Silver Ltd.

(TheNewswire)

Element79 Gold Corp.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Steppe Gold Announces Mailing and Filing of Annual General and Special Meeting Materials in Connection with Proposed Transaction with Boroo Gold and Boroo Singapore

Steppe Gold Announces Mailing and Filing of Annual General and Special Meeting Materials in Connection with Proposed Transaction with Boroo Gold and Boroo Singapore

Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") is pleased to announce that it has filed with the applicable Canadian securities regulatory authorities the management information circular dated May 8, 2024 and related meeting materials of Steppe Gold (the "Meeting Materials") for use at the annual general and special meeting (the "Meeting") of Steppe Gold shareholders (the "Shareholders") to be held in connection with the proposed transaction with Boroo Gold LLC ("Boroo Gold") and Boroo Pte Ltd. ("Boroo Singapore"), or one of its affiliates, as previously announced on April 11, 2024 (the "Transaction"). Steppe Gold has also mailed copies of the Meeting Materials to Shareholders entitled to vote on the Transaction at the Meeting.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
GOLD ROYALTY REPORTS FIRST QUARTER 2024 RESULTS; RECORD REVENUE DRIVES POSITIVE OPERATING CASH FLOW

GOLD ROYALTY REPORTS FIRST QUARTER 2024 RESULTS; RECORD REVENUE DRIVES POSITIVE OPERATING CASH FLOW

Gold Royalty Corp. (" Gold Royalty " or the " Company ") (NYSE American: GROY) is pleased to announce the filing of its operating and financial results for the three months ended March 31, 2024 . All amounts are expressed in U.S. dollars unless otherwise noted.

David Garofalo , Chairman and CEO of Gold Royalty, commented: "We are proud to have delivered on another growth milestone in the first quarter, generating positive operating cash flow for the first time. Our recent acquisitions, royalty generator model, and existing flagship royalties fueled our record revenue this quarter. We also continued to lower our cost profile compared to the prior year. With the gold price near all-time highs and the ramp up of the Côté Gold Mine in the second half of 2024, we expect to see continued royalty revenue growth through the remainder of the year.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Element79 Gold Corp Appoints Warren Levy to Advisory Board

Element79 Gold Corp Appoints Warren Levy to Advisory Board

(TheNewswire)

Element79 Gold Corp.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Horizon Minerals Limited  Binding 200KT Toll Milling Agreement Executed with FMR

Horizon Minerals Limited Binding 200KT Toll Milling Agreement Executed with FMR

Perth, Australia (ABN Newswire) - Horizon Minerals Limited (ASX:HRZ) is pleased to announce that it has entered into a binding Toll Milling Agreement ("TMA") with FMR Investments Pty Ltd ("FMR") to treat 200kt of Horizon ore from the Cannon underground project, or other deposit, commencing in the December 2024 Quarter.

HIGHLIGHTS

- Binding TMA has been executed with FMR, which owns the Greenfields Mill located northeast of Coolgardie and 30km southwest of Kalgoorlie-Boulder in WA

- Horizon will arrange contract mining and hauling of ore from Cannon for ore processing at FMR's 1.0Mtpa Greenfields Mill, located ~67km by road from the Cannon Project

- An agreed 200kt of ore will be processed over a period of eight months, commencing in the December 2024 Quarter

- The TMA contains competitive ore treatment rates with the payment structure as follows:

o Horizon is responsible for delivery of each stockpile to the Greenfields Mill ROM near Coolgardie

o Payment of processing costs must be made before the value of the processed and refined gold at the Perth Mint is transferred from FMR's metal account to Horizon

o If the delivery schedule is missed Horizon will forfeit its allocated tonnes for that month and from the overall 200kt allocation

- An Ore Reserve for Cannon has already been established including forecast economics for the ore to be processed via a Toll Milling Agreement

- Cannon is fully environmentally permitted (with last mining in 2017) with pre-production activities are already underway, including dewatering of the open pit in preparation for underground mining

- The TMA has flexibility that Horizon can treat Horizon ore other than Cannon, including Horizon's own current resources or those acquired through the proposed merger with Greenstone Resources Limited, provided sufficient notice is provided to FMR

Commenting on the toll milling agreement, Chief Executive Officer Mr Grant Haywood said:

"We are very pleased to have converted our 200,000 tonne allocation with FMR into a formal Toll Milling Agreement, and look forward to working closely with them as ore deliveries will commence later this calendar year. This agreement is in addition to our 1.4Mt ore sale agreement with Paddington announced a week ago. Together this will see us generating cash flow from two fronts in this fantastic gold price environment before the end of 2024."

Next Steps

- AMC Consultants has been engaged and undertaken a review of the Cannon Ore Reserve and will progress the revised key financial outcomes for the June 2024 Quarter

- Finalise engagement with underground mining and haulage contractors to finalise tenders for Cannon

- Complete the proposed merger with Greenstone Resources to enhance the long-term production profile with development ready high-grade projects

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/WUABZYMW



About Horizon Minerals Limited:

Horizon Minerals Limited (ASX:HRZ) is a gold exploration and mining company focussed on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia's richest gold deposits. The Company is developing a mining pipeline of projects to generate cash and self-fund aggressive exploration, mine developments and further acquisitions. The Teal gold mine has been recently completed.

Horizon is aiming to significantly grow its JORC-Compliant Mineral Resources, complete definitive feasibility studies on core high grade open cut and underground projects and build a sustainable development pipeline.

Horizon has a number of joint ventures in place across multiple commodities and regions of Australia providing exposure to Vanadium, Copper, PGE's, Gold and Nickel/Cobalt. Our quality joint venture partners are earning in to our project areas by spending over $20 million over 5 years enabling focus on the gold business while maintaining upside leverage.

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×