Mr. Michel David reports

WALKER BEGINS DRILL PROGRAM AT LAPON CANYON

Walker River Resources Corp.'s 2025 reverse circulation drill program has begun at the Lapon Canyon portion of the Lapon gold project, located within the Walker Lane gold trend, 60 kilometres southeast of Yerington, Nev.

The initial 2025 drill program at Lapon Canyon will consist of exploration drilling near the historical Lapon Canyon mine, the Central zone, and the newly discovered Hotspot zone. Drill holes are planned to extend known gold-bearing mineralized zones along trend and at depth, as well as to target new areas of mineralization previously untested.

Lapon Canyon's Hotspot zone is a primary target for the 2025 drill program, following up on the previously unknown, high-grade, near-surface Hotspot discovery, made in 2021. The company will carry out grid-style drilling over the target, testing for extension of the mineralized zone in all directions, as well as for continuity with the mineralization of the Central zone. Grid drilling will consist of pads placed at approximately 30-metre centres on section, with up to five holes planned per pad. The mineralization is not visible at surface as it is overlain by approximately three metres of loose colluvium, making the target unexposed, but also making drill road access and pad construction quicker at less cost.

Surficial mapping and rock sampling will be carried out at bedrock exposures surrounding the Lapon Canyon gold targets. Structural data collection will be a key objective as Walker aims to focus in on the structural controls of high-grade mineralization and the broad disseminated deposits enveloping them.

The company also announces it has retained Geoex Exploration of Vancouver, B.C., a full-service mineral exploration consulting firm. Geox will be responsible for the management and supervision of the drilling database, geological mapping, producing drill logs from RC chips and producing a 3-D model of the Lapon gold project. Initial interpretations of Lapon's historical data have been used to produce a geological model of the Central and Hotspot zones, which already has greatly enhanced the planning and design of Walker's 2025 drill program.

Walker River has completed considerable exploration work to date, with numerous drill hole intercepts that have indicated significant gold mineralization. The drill programs at Lapon Canyon will consist of definition and systematic drilling on section for geological modelling purposes, exploration drilling to discover new gold mineralization and extension of known gold mineralization, in several directions, including at depth. The results from the 2025 drill programs and subsequent data compilation will enable the completion of an initial National Instrument 43-101-compliant mineral resource on the project.

Michel David, president, stated: "We are very excited and encouraged by the past drill results, which confirm the potential of the project. The 2025 drill program will further define the geological model as to the actual size, geometry and parameters of the gold mineralization at Lapon."

About the Lapon gold project

The Lapon gold project consists of 149 claims (3,103 acres) situated in the Wassuk range, within the Walker Lane shear zone, a 100-kilometre-wide structural corridor extending in a southeastern direction from Reno, Nev. Lapon Canyon (96 claims) is subject to a $5-million (U.S.) exploration stream earn-in agreement with Nevada Canyon Gold Corp. for a right to acquire an up-to-50-per-cent interest in the project. The project is easily accessible by secondary state roads from the main highway (25 kilometres) and is located approximately 60 kilometres southeast of Yerington, Nev. A state power grid transmission line passes within three kilometres of the project. The Lapon gold project includes Lapon Canyon, the Pikes Peak claims located four kilometres to the north, and the Rattlesnake and Range Front claims three kilometres to the west and over 600 metres lower than the present drilling at Lapon Canyon.

The Rattlesnake, Range Front and Pikes Peak claims cover over eight km of possible extensions of the range front zones to the west, north and south of Lapon Canyon, adding several additional drill target areas to the project. Rattlesnake and Pikes Peak contain numerous historical mining and milling areas that consist of adits at different levels, shafts and underground workings, and a network of existing roads providing access throughout. Little or no exploration work has been carried out on these claims prior to Walker's arrival. It is notable that the Rattlesnake area and adits are on strike with the Lapon Canyon discoveries located three km on strike and 600 metres above. Lapon Canyon hosts historical high-grade gold mining with approximately 2,000 feet of undergoing workings in three adits. Historical underground work returned numerous assay values in the one-ounce-per-ton range, with a sample at the end of the A adit returning 20.6 ounces per ton gold (National Instrument 43-101, Montgomery and Barr, 2004).

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