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WALKER SIGNS LOI WITH SMOOTH ROCK ON THE GARFIELD FLATS
Vancouver, B.C. March 27, 2019 – Walker River Resources Corp. (“Walker” or the “Company”)
(TSX-V: WRR) is pleased announce it has signed a letter of intent (“LOI”) with Smooth Rock Ventures
Corp. (TSX.V: SOCK) (“Smooth Rock”), to enter into an Exploration Agreement with Option form a
Joint Venture on the Garfield Flats Project, located in Mineral County, Nevada about 18 miles southeast
of the town of Hawthorne, NV.
The Garfield Flats Project consists of 106 unpatented mining claims having a combined area of
approximately 858 hectares (2120 acres) that covers several past producing small-scale high-grade gold
and copper mines, altered and mineralized zones discovered by previous geological compilations and
mapping of the historical workings. Historical sampling on the project has revealed the presence of
copper, bismuth, and antimony as well as pervasive lower grade gold mineralization, cut by vein
structures (some previously mined) of higher-grade gold. Previous induced polarization surveys also
denoted the presence of significant coincident I.P. anomalies. These factors clearly demonstrate the
potential of this relatively unexplored project for the discovery of significant gold mineralization.
The Garfield Flats Project is within the Walker Lane shear zone, a 60-mile-wide structural corridor
extending in a southeast direction from Reno, Nevada, located 18 miles southeast of Hawthorne, NV
along U.S. Highway 95. The project has excellent year-round access and infrastructure within Mineral
County, one of the most pro-mining counties in the pro-mining states and highest-grade gold districts of
The Garfield Flats Project is located adjacent to New Range Gold Corp’s Pamlico project. In close
proximity to several past producing mines including the Bodie, Aurora, Borealis, Pamlico, Evening Star,
Mabel, Mindoro and Camp Douglas Mines.
Smooth Rock has signed an “LOI” with Walker River to negotiate a definitive Exploration Agreement
with Option to form a Joint Venture on the Garfield Flats Property. Smooth Rock can earn an undivided
fifty percent (50%) interest in the Garfield Flats Property by funding $600,000.00 in Exploration
Expenditures as follows: (a) for an initial 25% interest of the Garfield Flats project $300,000 in
exploration expenditures within a one-year period and (b) for an additional 25% interest $300,000 in
exploration expenditures on or before the second anniversary and (c) a 50/50 joint venture will be formed
between Walker River and Smooth Rock.
Smooth Rock may accelerate any of the above earn-in periods at its option. Walker shall be the operator
of the exploration during the earn-in period. The Garfield Property is subject to an underlying 2% Gross
The parties expect to complete their respective due diligence and execute a definitive Exploration
Agreement with Option form a Joint Venture to replace the LOI within the next 30 days.
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The scientific and technical content and interpretations contained in this news release have been
reviewed, verified and approved by E. Gauthier, geol., Eng (OIQ) a director of the Company, and a
Qualified Person as defined by NI 43-101, Standards of Disclosure for Mineral Projects.
ON BEHALF OF THE BOARD OF DIRECTORS
Chief Executive Officer and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Walker River Resources Corp.
Tel: 819 874-0030
Fax: 819 825-1199
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