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File: WRR News Release Feb. 2 2016 Initial Drill Results.docx

Suite 200-551 Howe St
 Vancouver, B.C.
V6C 2C2
Tel : 819 874-0030
Fax : 819 825-1199
_________________________________________________________________________________________

Trading Symbol: WRR

NEWS RELEASE

WALKER ANNOUNCES INITIAL DRILL RESULTS FROM LAPON CANYON

Vancouver, B.C. February 2, 2016 - Walker River Resources Corp. ("Walker" or the "Company")   (TSX-V: "WRR") is please
--->d to announce initial results from the first two reverse circulation ("RC") drill holes on the Lapon Canyon gold proje
--->ct, located approximately 60 kilometres southeast of Yerington, Nevada.

The Lapon Project consists of 36 claims (720 acres) 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 t
--->he property.

The Lapon 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, notab
--->ly the historic Comstock Lode mines in Virginia City, the past producing Esmeralda/Aurora gold mine, with reported pro
--->duction of some one million ounces, as well as the Anaconda open pit copper mine in Yerington. Nevada Copper's new min
--->e, Pumpkin Hollow, is also located within the Wasuk Range about 25 kilometres north of Lapon. 

The Lapon project is cut by a series of steeply dipping cross fault structures cutting across the Walker trend, analog
--->ous to other cross fault structures responsible for many gold and base metal deposits in the world. These faults are h
--->eavily sheared and altered (sericite, iron oxides) with abundant silica. They vary in width from 60 to 300 meters. Fou
--->r of these structures have been discovered at Lapon, and at least two can be traced for over four kilometers. Gold min
--->eralization is located within en echelon structures within these faults. At least one of these shear zones, the Lapon 
--->Rose zone was the site of underground development, and shows a minimum strike length of 4 kilometers, has a width of o
--->ver 60 meters and has a vertical extent of at least 650 meters.

The first two RC drill holes were designed to test the upper portion of the Lapon Rose zone Key highlights of these in
--->itial results include:

RC drill hole LC 15-01 intersected 1.5m of 292 g/t Au at a depth of 18.3m-19.3m. RC hole LC 15-02 intersected 1.5m of 
--->66.8g/t Au at a depth of 30.5m-32m, including 1.5m of 43.7g/t Au at a depth of 50.3m-51.8m.     
   
Drill Hole  
  From                    
m
  To                    
  m
 Length**    
   m            
 Assay*
(g/t Au)
 
 LC 15-01
 7.6
 19.8
 12.2
 8.41
 
 Including
 18.3
 19.3
 1.5
 292.0*
 
 LC 15-02
 30.5
 53.4
 22.9
 7.84
 
 Including
 30.5
 32
 1.5
 66.8*
 
 Including
 50.3
 51.8
 1.5
 43.7*
 
 
*Grades cut to 34.28g/t Au (1 oz/ton)
**True widths approx. 65% in LC 15-01 1 and 70% in LC 15-02.

Drill-hole LC 15-01 was directed to the west to test the western fault contact of the shear zone some 175 meters west 
--->of the old workings. Drill-hole LC 15-02 was directed to the east to test the eastern contact of the shear zone and wa
--->s located some 150 meters from Drill-hole LC15 01.

The 2015 Exploration Program began in April and since that date significant exploration progress has been made. Within
---> the upper Lapon Rose Zone, gold mineralization in the form of Visible Gold has been noted in two different locations 
--->within the upper adit.

The initial drill results confirm the potential for the emplacement of significant gold mineralization on the Project.
---> Additional results from the initial 2015 drill program will be released as they become available. 

Walker along with its partner, Nevada Canyon Gold Corp. (see news release 09-16-15) intend to pursue an aggressive dri
--->ll program on this well located, highly prospective gold project. Some 6,000 meters of planned drilling has been outli
--->ned, with the initial drilling (760 meters) completed in December 2015. 

Small scale high grade mining began on the project in 1914. Approximately 600 meters of drifts and raises were develop
--->ed from two adits and a two stamp mill was built.  Further limited underground work was carried out, returning numerou
--->s 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)

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 inse
--->rted approximately every tenth sample. The Lapon samples were delivered to ALS Minerals certified laboratory facility 
--->in Reno, NV. The samples were crushed, pulverized and the sample pulps digested and analyzed for gold using fire assay
---> fusion and a 50g gravimetric finish. Higher grade samples used a 1kg screen fire assay with screen to 100 microns and
---> 50g gravimetric finish

The scientific and technical content and interpretations contained in this news release have been reviewed, verified a
--->nd approved by E. Gauthier, geol., Eng (OIQ) a Qualified Person as defined by NI 43-101, Standards of Disclosure for M
--->ineral 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 V
--->enture Exchange) Accepts Responsibility For The Adequacy Or Accuracy Of This News Release.