00:14:42 EST Wed 10 Dec 2025
Enter Symbol
or Name
USA
CA



Walker Lane Resources Ltd
Symbol WLR
Shares Issued 19,557,544
Close 2025-12-09 C$ 0.125
Market Cap C$ 2,444,693
Recent Sedar Documents

Walker Lane seeking partner for exploration in Nevada

2025-12-09 19:55 ET - News Release

Mr. Kevin Brewer reports

WALKER LANE RESOURCES SEEKS A STRATEGIC PARTNER AND PROVIDES A CORPORATE UPDATE

Walker Lane Resources Ltd. is seeking a strategic partner (or partners) to help facilitate the advancement of exploration on its Nevada properties in 2026. The company's preference is to secure a partner that wishes to acquire a 9.9-per-cent to 19.9-per-cent interest in the company, but other arrangements, such as joint venture agreement or debt arrangements, will be considered. The company adds that it intends to pursue financing through either a private placement, debt agreement or other equity arrangements in the near future.

Kevin Brewer, president and chief executive officer, notes: "Many successful exploration companies today secured a strategic partner to advance their early-stage generative projects. Although not essential, securing a supportive partnership generates market confidence and helps facilitate leveraging opportunities. An investment in our company provides considerable exposure in the gold and silver sectors in emerging mineral districts, such as the highly popular and prolific Walker Lane gold trend and the Rancheria silver district in Northern B.C./Yukon."

Corporate update of 2025 activities:

  1. MRE (mineral resource estimate) report for Silver Hart project, Yukon, near completion: A revised mineral resource estimate for the Silver Hart project is near completion.
  2. Project permitting -- Silver Hart and Amy projects:
    • Silver Hart permit: With the recent change in the governing party in Yukon, the company expects that its permit that has been recommended for acceptance by YESAB will now be issued soon.
    • Amy permit: Permitting in British Columbia impacted by labour disputes is now getting back on track and the company is therefore optimistic that a permit for the Amy will be received from the government of British Columbia in the very near future.
    • The lack of permits at both Silver Hart and Amy resulted in the company being unable to proceed with exploration work this past summer. Planning for the resumption of exploration activities for the summer of 2026 at Silver Hart and Amy is now under way.
  3. Drilling at Silverknife by Coeur Mining Inc.: A preliminary drill program of the central and western portions of the Silverknife Central zone on the Silverknife property has been completed. The program was completed by the property operator, Coeur Mining Inc. The program consisted of seven diamond drill holes from three drill pads for a total meterage of 1,802.7 metres. Coeur also completed a borehole electromagnetic (BHEM) survey on DDH (diamond drill hole) SKN25-PAD01-001, and is awaiting results and interpretation. Coeur is in the process of completing detailed logging and is also undertaking a comprehensive relogging of previous drill holes completed on the property by the company in 2023. This program successfully delineated thick intervals of up to 240 meters of Rosella limestone and up to 40 metres of Boya formation, both of which are considered to be prospective host units for CRD (carbonate replacement deposit) mineralization. The program also identified that these units are at or in close contact with the Cassiar intrusive that provides a potential heat source to enable the migration of mineralizing fluids. The company awaits further information on the program results from Coeur.
  4. Clarification of Nevada transactions: The company wishes to clarify that in its news release of June 9, 2025, all payments to be made to the optionors are to be in U.S. dollars. The floor price for the shares that may be used by the company to make property payments is also to be expressed in U.S. dollars at 21 U.S. cents per share. In addition, the maximum number of common shares that could be issued for property payments by property are as follows: Tule Canyon: 952,381; Cambridge mine: 500,000; Silver Mountain: 357,143, for a total number of common shares that could be issued by the company to the optionors of 1,809,524 common shares for the life of the agreements. This information is also presented in the TSX Venture Exchange bulletin dated July 24, 2025, and Sept. 30, 2025.
  5. Airborne surveys completed at Tule Canyon and Silver Mountain: Airborne total magnetic field and radiometric surveys have been completed by Precision Geosurveys on the Tule Canyon and Silver Mountain projects, Walker Lane gold trend, Nevada. Approximately 260 line kilometres of data were collected and interpretation of the data will now be completed. A preliminary evaluation of the data for the Tule Canyon project indicates an expected geophysical signature from the known areas of mineralization, further supporting the proposed drill strategy and the current geological model for the property.
  6. Reports on unusual trading activity: For several months, the company has been regularly reporting to the Canadian Investment Regulatory Organization (CIRO) what the company considers to be unusual trading activity. Due to current policies and other reasons, CIRO is unable to inform the company whether it has made a decision to investigate these matters.

About Walker Lane Resources Ltd.

Walker Lane Resources is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane gold trend district in Nevada and the Rancheria silver district in Yukon/British Columbia, and other property assets in Yukon. The company intends to initiate an aggressive exploration program to advance the Tule Canyon (Walker Lane, Nevada) and Amy (Rancheria silver district, B.C.) projects through drilling programs with the aim of achieving resource definition in the near future.

We seek Safe Harbor.

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