ISSUED ON BEHALF OF WALKER LANE RESOURCES LTD.

Walker Lane Resources Ltd. (TSXV: WLR) (OTCPK: CMCXF) controls multiple drill-ready targets in Nevada’s Walker Lane Trend on its Tule Canyon project, where surface samples have returned 31.8 g/t gold and underground workings hit 27.6 g/t gold. Four drill targets span a 4km mineralized corridor that’s never seen modern exploration, in the same structural corridor that delivered AngloGold Ashanti’s 16+ million ounce Silicon-Merlin discovery[1].

Walker Lane Resources is Positioned Well in Nevada’s Modern Gold Rush

Walker Lane is one of the hottest exploration areas in North America. It has a history of production of over 50 million ounces of gold[2], over 437 million ounces of silver[3], and significant copper resources.

The number of successful projects in the area is quite astounding and include:

Kinross Gold’s producing, more than 20 million ounce Round Mountain mine.[4]

AngloGold Ashanti’s Silicon-Merlin discovery, one of the largest gold discoveries in North America at more than 16 million ounces.[5]

Centerra’s development-stage 4.2 million ounce Goldfield project.[6]

Hudbay Minerals’ Mason property, housing resources in excess of 51.8 billion pounds of copper, 461 million pounds of molybdenum, 400,000 ounces of gold and 8.8 million ounces of silver.[7]

Additional notable operators in the area include Hecla Mining, Scorpio Gold, West Point Gold, Silver One Resources, Blackrock Silver, Summa Silver and many more.

AngloGold Ashanti just proved the district’s explosive potential with their discovery at the Silicon-Merlin complex containing approximately 16.3 million ounces of gold, one of the largest gold discoveries in North America in recent times.[8]

Walker Lane is the area where early immigrants in the mid 1800’s worked shallow open pits and underground operations, with mills operating sporadically into the 1920’s. Walker Lane is characterized by numerous historical workings. The days of the Walker Lane Trend being overshadowed by exploration in Nevada focusing in the Carlin and Eureka-Cortez Mtn belts are over.

Walker Lane is truly a bonafide place to explore for high grade gold and silver projects that sometimes also carry other metals like copper.

Walker Lane Resources’ properties sit in the heart of this action. Three properties, namely Tule Canyon, Cambridge Mine and Silver Mountain, all have historical workings, high grade gold and/or silver mineralization, and other features that all present a huge opportunity for significant discoveries.

So let’s dig into the details on these properties a bit more.=

Tule Canyon: A Drill Ready Project in the Walker Lane Area[9]

This is where Mexican placer miners worked the ground before 1848. Mills operated here in the 1920s. Historical workings produced high-grade gold and silver. Then everyone stopped, and no company has applied modern exploration techniques to test what lies beneath.

Not only that, four drill targets span a 4km mineralized corridor that’s never seen modern exploration.

The veins in the southern portion of the property around the Dark Secret and Eastside mines carry high grade gold with surface grabs to 27.2 g/t Au.

At the Eastside Mine, underground grab samples have returned from 5.38 g/t Au to 27.6 g/t Au and a chip sample returned 0.30 m at 5.25 g/t Au.

Mineralization at the Dark Secret Mine includes both high grade veins and a broader low-grade halo. A chip sample across weathered bedrock in the small pit above the underground workings returned 40 m at 0.469 g/t Au including 20 m at 0.695 g/t Au.

To the north and northwest, steeply-dipping N-NE trending structures host mineralized veins and breccia within shears that exhibit clay alteration and contain quartz veinlets with limonite, hematite and notable yellow-green pyromorphite, mimetite or freedite. Silver and gold mineralization associated with these Pb-Cu-As oxides have returned up to 31.8 g/t Au and 4,320 g/t Ag.

These grades are in the upper range of other discoveries in the Walker Lane area and there is considerable exploration upside as Tule Canyon has not been exposed to modern exploration techniques.

Cambridge Mine: Walker Lane Gold Area Project #2[10]

The Cambridge Mine property comprises of high grade visible gold, shear-hosted in mesothermal quartz-hematite-limonite veins carrying pyrite, galena, tetrahedrite and chalcopyrite. Vein-hosted gold mineralization is hosted in NNW striking shears, individually with up to 1,500 meters strike length.

An initial sampling program completed by Mike Power identified high grade gold in grab rock samples, with 29% of the samples providing greater than 5 g/t Au with highest assay of 93.8 g/t Au. Hand dug trenching also produced a result of up to 3.2 m at 14.65 g/t Au.

A preliminary geochemical program has identified coincident strong gold in soil anomalies. The property is road accessible near East Walker Road in Lyon County, 33 km south of Yerington.

There are considerable historical workings (over 40) on this property that are also yet to be examined in detail. The property was also quite popular for its museum quality visible gold samples.

Silver Mountain: Walker Lane Gold Area Project #3[11]

Silver Mountain comprises of two four claim blocks and we picked it up primarily due to its high grade silver potential and its close proximity to Tule Canyon. It comprises of a vein-hosted, high grade mesothermal or deep epithermal silver target. The property was subjected to historical small-scale mining.

The Silver Mountain Property is underlain by Sylvania Pluton granodiorite cut by inferred mesothermal or deep epithermal oxidized quartz veins. At the Gulch Showing, the veins form a single, steeply-dipping, north-striking system traced for about 400 m in workings. Grab samples from this zone have returned up to 3,270 g/t Ag.

At the Old Cabin Showing, numerous, moderately west-dipping, planar extensional veins are exposed in workings along a small ridge. They cut the intrusive rocks over a vertical distance of more than 30 m, forming a stacked vein array. Grab samples from this zone have returned up to 394 g/t Ag.

And Here’s the Bonus: The Silver Discovery That Made a Major Mining Company Write Checks

Walker Lane Resources Ltd. (TSXV: WLR) (OTCPK: CMCXF) sits just 8km from Coeur Mining’s world-class Silvertip operation[12].

Surface samples have hit 4,260 g/t silver, over 130 ounces per ton[13].

Coeur didn’t just notice. They secured option agreements and right of first refusal[14].

When major miners start writing checks, the geology is speaking.

FACT: Coeur Mining operates one of the highest-grade silver-lead-zinc projects in the world at Silvertip.

TAKEAWAY: Now junior mining company Walker Lane Resources has found similar high-grade silver mineralization next door, right from surface samples.

This isn’t about one project. It’s about finding high-grade mineralization in North America’s most productive mining districts, backed by the kind of major miner validation that transforms exploration plays into acquisition targets.

Three Factors That Change Everything

Tight Share Structure

In a sector notorious for bloated share structures and dilutive financing, Walker Lane Resources maintains 19.6 million shares outstanding | 21.9 million fully diluted. No toxic convertibles. No warrant overhang waiting to crush momentum.

Multiple Drill-Ready Targets (with more on the way)

Tule Canyon’s four drill targets span a 4km gold corridor with surface samples up to 31.8 g/t gold and underground samples to 27.6 g/t gold.

Cambridge shows visible gold with 29% of samples exceeding 5 g/t gold, peaking at 93.8 g/t.

Silver Mountain displays grab samples to 3,270 g/t silver from historical workings.

Three Nevada properties. One (Tule Canyon) is drill-ready right now. All of them are in one of North America’s most prolific mining belts.

World-Class Location Advantage

Nevada ranks second globally for mining investment attractiveness according to the Fraser Institute’s 2024 survey. Year-round road access, existing power infrastructure, skilled workforce, and regulatory framework that supports exploration.

Projects sit on BLM land with historical mining and 4WD access from paved routes, supporting efficient field work.

Grade-First Targeting Philosophy

Walker Lane Resources focuses exclusively on high-grade systems where historical miners proved the concept but lacked modern tools to test depth and strike extensions.

Tule Canyon exemplifies this approach. The property shows all the signatures the team targets: historical high-grade production, multiple mineralized structures over 4km of strike, and zero modern drilling despite surface samples returning up to 31.8 g/t gold.

This isn’t speculative grassroots exploration. It’s systematic targeting of proven mineralized systems that previous generations couldn’t fully explore.

High-grade economics matter. Lower tonnage at higher grades often outperforms large-tonnage, low-grade deposits on capital efficiency and permitting timelines in today’s market.

The Team Behind the Discovery

Kevin Brewer is a professional geoscientist with a “hands-on” capital efficiency focused approach that maximizes dollars into the ground. He brings 35 years of exploration management across three jurisdictions plus MBA-level business acumen. This combination separates successful explorers from expensive science projects.

Together with an experienced Board of Directors including John Land (30+ years resource sector experience) and Douglas Coleman (40 years geological experience), and Jose Manuel Delgado a mining lawyer and accountant, along with highly experienced technical geological and geophysical advisory teams, WLR has assembled a team hungry for success.

This team will implement a knowledge and systematic based approach to all exploration undertakings and utilize the latest in technologies including AI to maximize the probability for exploration success.

The Window Before Discovery

Every major mining district has its quiet period, typically after historical mining ends but before modern exploration begins.

Walker Lane Resources operates in that window.

The pieces align: proven geology, major miner validation, systematic targeting, experienced management, tight share structure.

The targets await testing. The geology speaks volumes. Major miners are intrigued, and the drill bit is primed and ready to provide the final answer.

The Story Is Just Beginning

Every major discovery starts the same way: someone recognizes potential where others walked away. Someone applies modern techniques to ground that previous generations barely scratched.

Walker Lane Resources isn’t making promises. They’re making systematic exploration decisions in proven districts where the geology speaks for itself.

What Walker Lane Resources offers today:

Four drill-ready targets on its Tule Canyon property in Nevada’s Walker Lane Trend spanning a 4km mineralized corridor

Major miner validation from Coeur Mining through option agreements and right of first refusal

High-grade surface results including 31.8 g/t gold and 4,320 g/t silver at Tule Canyon

Tight share structure with only 19.6 million shares outstanding | 21.9 million fully diluted

World-class jurisdiction in Nevada’s top-ranked mining district

The 1920s miners stopped digging. Modern exploration is just starting.

With systematic programs advancing across multiple properties and Coeur positioned for potential acquisition, the coming months will reveal whether this methodical approach to historically productive ground creates value.

Get More Information

Visit WalkerLaneResources.com

Call Kevin at (709) 327 8013 or after November (+52) 669 198 8503 or email at kbrewer80@hotmail.com as he loves to chat to shareholders and investors about WLR’s projects

Look up WLR on TSX Venture Exchange

Walker Lane Resources Ltd. (TSXV: WLR) (OTCPK: CMCXF)

High-grade gold and silver exploration backed by major miner validation

Share Structure: 19.6 million shares outstanding | 21.9 million fully diluted

Note: All sample grades are selective and may not be representative of broader property mineralization. Exploration programs are contingent on successful financing.

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SOURCES CITED:

[1] https://discoveryalert.com.au/news/arthur-deposit-nevada-gold-discovery-2025/

[2] https://ir.pershingpm.com/press-releases/detail/79

[3] https://ir.pershingpm.com/press-releases/detail/79

[4] https://www.kinross.com/English/operations/default.aspx#americas-roundmountain

[5] https://nevadaprojects.anglogoldashanti.com/about/

[6] https://en.wikipedia.org/wiki/Gold_mining_in_Nevada#Goldfield

[7] https://hudbayminerals.com/united-states/default.aspx

[8] https://nevadaprojects.anglogoldashanti.com/about/

[9] https://www.walkerlaneresources.com/tule-canyon

[10] https://www.walkerlaneresources.com/cambridge

[11] https://www.walkerlaneresources.com/silver-mountain