Walker Lane Resources Ltd. Receives Positive Results from Airborne Geophysical Surveys and Geological Mapping Completed by Coeur on the Silverknife Property, BC and also are Clarifying Details Related to their recent Nevada Transactions

Core Viewpoint - Walker Lane Resources Ltd. has received positive results from geophysical and geological studies conducted by Coeur Silvertip Holdings Ltd. on the Silverknife Property, indicating significant exploration potential and prospective drill targets [1][2][27]. Summary of Key Points Exploration Agreement - Coeur Silvertip Holdings Ltd. has a four-year option agreement with Walker Lane, committing to $3.55 million in work expenditures and $500,000 in property payments to earn a 75% interest in the Silverknife Property [2]. Geophysical and Geological Findings - The airborne geophysical surveys and geological mapping have identified key structural features, including faults that are known to control mineralization in the region [2][3]. - The Total Magnetic Intensity (TMI) data revealed three main lineaments, indicating potential corridors for mineralizing fluids, with the SVT NE Fault being a significant structural feature [3][6]. Prospectivity and Drill Targets - Four prospective areas on the Silverknife property have been identified, which are significant in size and present valid drill targets for future exploration [2][4]. - The geological mapping has revised the understanding of the property, enhancing the prospectivity of the Tootsee River North, Silverknife Central, and Silverknife South zones [4][26]. Electromagnetic and Magnetic Survey Results - Electromagnetic and magnetic surveys have provided complementary data, indicating the presence of a near-surface intrusive that could serve as a heat source for mineralizing fluids [16][22]. - The surveys identified three conductive axes that coincide with interpreted fault structures, suggesting a strong correlation with potential silver-rich carbonate replacement deposits (CRD) [22][21]. Future Exploration Plans - The company anticipates further exploration efforts, including drilling, to expand on the identified mineralization and better define targets for CRD mineralization [2][27].