News Releases

Walker Lane Exploration Announces Board and Management Changes

CARSON CITY, NV–(Marketwired – January 21, 2016) – Walker Lane Exploration, Inc(OTC PINK: WKLN), a Nevada Corporation, announced management changes. At a special shareholders meeting held on January 15, 2016 a majority of shareholders of Walker Lane Exploration, Inc. removed Trevor Moss, Steven K. Jones, Ted Sharp, Iain Stewart and Phil Allen as Directors of the Corporation and elected Quentin Browne, Geo., Herb Duerr, Geo. and Larry Bigler, CPA. Mr. Thomas Mancuso, Geo. was re-elected to the Board of Directors.

There were 7,970,833 shares held by a majority of shareholders (57.5%, inclusive of all classes of stock) voting in favor of the changes to the Board of Directors.

At a special board meeting held in Reno on January 19, 2016, Phil Allen was removed as President, Chief Executive Officer and Vice President of Shareholder Relations by unanimous decision. Mr. Herb Duerr, Geo., was unanimously elected President and Chief Executive Officer.

In commenting on his appointment as President and CEO, Mr. Duerr said, “I look forward to serving the Corporation as it pursues its corporate objectives.”

The Corporation filed Form 8-K which details the above actions by the shareholders and Board of Directors.

About Walker Lane Exploration, Inc.
The Corporation is a U.S.-based precious metals exploration company. Walker Lane Exploration, Inc. owns three properties in Nevada; Pyramid, which is located in Washoe County, Nevada, consisting of 10 lode claims leased from the Bureau of Land Management (BLM). West Trinity, which is located in Churchill County, Nevada consisting of 24 lode claims leased from the BLM. And, Paradise, which is located in Nye County, Nevada, consisting of 9 lode claims leased from the BLM. The Corporation’s focus is to identify mineral areas that are open to staking and claiming, or to lease properties management deems viable for exploration. Once a property has been secured, management conducts an assessment of the prospect for exploration, which can include sampling, trenching and drilling in order to develop the prospect for leasing, sale or joint venture with other mining companies. Further information can be found on Walker Lane’s website at: www.walkerlaneexploration.com

Contact:
Walker Lane Exploration, Inc.
Company Inquiries:
info@walkerlaneexploration.com
775-461-3445

Investor Relations:
ir@walkerlaneexploration.com
775-434-4451

“Safe-Harbor” Statement: Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. 

WKLN Pyramid Property Sampling Returns Significant Gold and Silver Values

Carson City, NV – Walker Lane Exploration, Inc. (OTC: WKLN) formerly, Goldspan Resources, Inc.) is pleased to announce that surface geochemical sampling from its wholly owned Pyramid Property has returned significant gold and silver values from its Pyramid 1-10 claims in the historic Pyramid Mining District, Nevada. Twelve surface rock samples were collected from the northeast portion of the claimblock and were found to contain from 0.068 to 2.46 ppm gold (0.0002 to 0.072 ounce per ton Au) and 2.8 to 163.0 ppm silver (0.08 to 4.8 ounce per ton Ag) as reported by ALS-Chemex Labs of Reno, Nevada. The twelve widely-spaced samples were from outcrops and historic prospects and confirm past sampling efforts. The results also indicate a new pediment target with samples at the margin of the pediment gravels running up to 2.46 ppm gold and 163.0 ppm silver. These higher grade samples were from previously un-sampled prospects bordering the northeast pediment..

To view a map showing the twelve samples and their results, go to: http://walkerlaneexploration.com/wp-content/uploads/2015/06/WKLN-Pyramid-12-Sample-Map.jpg

“The results represent a confirmation of past sampling efforts and indicate a possible new pediment target of at least 3,000 feet of strike length.” stated Steve Jones, President and CEO of WKLN. The prospects at the margin of pediment host quartz-sericite alteration of oxidized Tertiary Hartford Hill rhyolite tuff. Mineralization is thought related to narrow quartz veinletts within the oxidized and altered tuff.

Future plans call for additional sampling along known mineralized structures and within the new pediment target. Sampling will be carried out within the next month.

About Walker Lane Exploration, Inc.
The Corporation is an early-stage gold and silver exploration company primarily exploring for precious metals within the Walker Lane region of Nevada where the Corporation presently owns three properties; Pyramid, which is located in Washoe County, Nevada, consisting of 10 lode claims leased from the Bureau of Land Management (BLM). West Trinity, which is located in Churchill County, Nevada consisting of 24 lode claims leased from the BLM. And, Paradise, which is located in Nye County, Nevada, consisting of 9 lode claims leased from the BLM. The Corporation’s focus is to identify mineral areas within the Walker Lane region that are open to staking and claiming, or to acquire properties management deems viable for exploration. Once a property has been secured, management conducts an assessment of the prospect for exploration, which can include sampling, trenching and drilling in order to develop the prospect for leasing, sale or joint venture with other mining companies. Further information can be found on Walker Lane’s website at: www.walkerlaneexploration.com

CONTACT INFORMATION
Company Inquiries:
Walker Lane Exploration, Inc.
Tel: 775-461-3445
Email: info@walkerlaneexploration.com

Safe-Harbor Statement
Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Walker Lane Exploration, Inc. Announces Private Placement Equity Financing

Carson City, NV – Walker Lane Exploration, Inc. (OTC: WKLN) (formerly, Goldspan Resources, Inc.) filed Form D with the Securities and Exchange Commission on February 3, 2015 in connection with a Reg. D Rule 506(c) private placement equity financing for a maximum of $4 million.

The Offering is being conducted on a best efforts no minimum basis. The Placement Agent for the Offering is CIM Securities, LLC.

The Company is conducting this Offering pursuant to Section 4(2) of the Securities Act of 1933, as amended (the “1933 Act”) and Rule 506(c) of Regulation D promulgated thereunder.

We are offering a total of 5,714,285 Units at an offering price of $0.70 per Unit. ($4 million total). Each Unit consists of one share of common stock and one common stock purchase warrant exercisable at $1.00 per share. The warrants expire February 5, 2018.

The Securities being offered have not been registered under the 1933 Act. The Securities cannot be transferred except pursuant to an effective registration statement under the 1933 Act or in a transaction which qualifies as an exempt transaction under the 1933 Act and the rules and regulations promulgated thereunder.

The Offering will terminate July 31, 2015. The Company may extend the offering period for an additional 90 days in the sole and absolute discretion of the Company with or without notice to the investors.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described herein.

About Walker Lane Exploration, Inc.
The Corporation is an early-stage gold and silver exploration company primarily exploring for precious metals within the Walker Lane region of Nevada where the Corporation presently owns three properties; Pyramid, which is located in Washoe County, Nevada, consisting of 10 lode claims leased from the Bureau of Land Management (BLM). West Trinity, which is located in Churchill County, Nevada consisting of 24 lode claims leased from the BLM. And, Paradise, which is located in Nye County, Nevada, consisting of 9 lode claims leased from the BLM. The Corporation’s focus is to identify mineral areas within the Walker Lane region that are open to staking and claiming, or to acquire properties management deems viable for exploration. Once a property has been secured, management conducts an assessment of the prospect for exploration, which can include sampling, trenching and drilling in order to develop the prospect for leasing, sale or joint venture with other mining companies. Further information can be found on Walker Lane’s website at: www.walkerlaneexploration.com

CONTACT INFORMATION
Company Inquiries:
Walker Lane Exploration, Inc.
Tel: 775-461-3445
Email: info@walkerlaneexploration.com

Safe-Harbor Statement
“Safe-Harbor” Statement: Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

 

Walker Lane Exploration’s Paradise Property Yields Significant Gold Values

Carson City, NV – Walker Lane Exploration, Inc. (OTC: WKLN) (formerly, Goldspan Resources, Inc.) is pleased to announce that initial geochemical sampling from its wholly owned Paradise Property has returned significant gold values from its PPW 1-9 claims in the historic Paradise Peak Mining District, Nevada. Four samples were collected from drill cuttings piles from four separate holes in the east-central portion of the claim block and were found to contain from 0.264 to 0.874 ppm gold (0.008 to 0.026 opt Au) as reported by Inspectorate Labs of Reno, Nevada. The four widely-spaced and consecutive drill holes were drilled by FMC Gold in the early 1990’s while performing property-wide exploration associated with its Paradise Peak Gold Mine located 4,500 feet southwest of the PPW claims.

Map Showing the Results for Four Samples
Walker-Lane-Exploraton-WKLN-Paradise-Property-Gold-Drilling-Values-Click-Here

“These results represent drilled gold numbers in excess of typical present-day, open pit mine cut-off grades for oxide and mixed oxide-sulfide alteration,” stated Steve Jones, VP of Exploration for Walker Lane Exploration, Inc. “and indicate a possible continuous zone of significant gold alteration and mineralization that is at least 1,400 long and 300’ wide.” The drill cuttings piles were logged as containing oxide and mixed oxide-sulfide alteration hosted in volcanic tuffs that appear to be the same as those found within the four historic Paradise Peak pits. Cuttings piles are generated when drilling reverse circulation drill holes and represent a continuous sample record of the hole from the top to the bottom of the hole. The hole collar is typically located within 20-30 feet of the cuttings pile which collects beneath the drill rig discharge hose and splitter. The four holes found on the PPW claims appeared to have been undisturbed since their drilling more than 20 years ago. The holes were sampled so as to determine a representative value through the drilled alteration although the depth and thickness of alteration could not be determined.

About Walker Lane Exploration, Inc.
The Corporation is an early-stage gold and silver exploration company primarily exploring for precious metals with the Walker Lane region of Nevada where the Corporation presently owns three properties; Pyramid, which is located in Washoe County, Nevada, consisting of 10 lode claims leased from the Bureau of Land Management (BLM). West Trinity, which is located in Churchill County, Nevada consisting of 24 lode claims leased from the BLM. And, Paradise, which is located in Nye County, Nevada, consisting of 13 lode claims leased from the BLM. The Corporation’s focus is to identify mineral areas within the Walker Lane region that are open to staking and claiming, or to acquire properties management deems viable for exploration. Once a property has been secured, management conducts an assessment of the prospect for exploration, which can include sampling, trenching and drilling in order to develop the prospect for leasing, sale or joint venture with other mining companies. Further information can be found on Walker Lane’s website at: www.walkerlaneexploration.com

CONTACT INFORMATION
Company Inquiries:
Walker Lane Exploration, Inc.
Tel: 775-461-3445
Email: info@walkerlaneexploration.com
Shareholder Relations:
Phil Allen
Tel: 303-875-1044
Email: phil@walkerlaneexploration.com
Investor Relations:
Eric Stevenson
Tel: 775-434-4451
Email: ir@walkerlaneexploration.com

Safe-Harbor Statement
Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Walker Lane Exploration, Inc. Adds Third Gold Property To Its Portfolio

Carson City, NV – Walker Lane Exploration, Inc. (OTC: WKLN) (formerly, Goldspan Resources, Inc.) is pleased to announce that it has located two claimblocks of nine and four claims respectively in the Paradise Peak Mining District, Nye County, Nevada and on BLM-controlled land. The PPW 1-9 and TW 1-4 claimblocks cover areas of past drilling by FMC Corporation within one mile of the existing Paradise Peak and Ketchup Flat pits. The Paradise Peak district was mined from 1985 through 1992 by FMC who produced 1.5 million ounces of gold and 35 million ounces of silver from four open pits that hosted high to low grade resources that were processed by conventional milling and heap leaching methods. Mined grades from Paradise Peak were 0.115 ounce per ton (opt) Au and 3.7 opt Ag while Ketchup Flat grades were 0.030 opt Au and 0.3 opt Ag. The Paradise Peak district is located within the Walker Lane Belt of West Central Nevada and hosts the style and grade of historic mineralization that is in-line with that being pursued by WKLN. The TW claims were located over land previously withdrawn from mineral entry by the BLM and the PPW claims were located over land on which the historic mining claims were recently abandoned in September.

The PPW claims are located 4,000 feet northeast of the Paradise Peak open pit and are along the structural trend extending from the eastern limit of the historic pit. The claimblock is found to contain four consecutive reverse circulation drill holes that were drilled in 1992 by FMC and that encountered known chalcedonic alteration of a similar nature as that associated with early district gold mineralization. The chalcedonic alteration is found within the cuttings piles at each drill hole that define a linear belt of chalcedonic alteration that is at least 1,300 feet long. The depths of drilling and historic gold analysis are not known at present.

The TW claims are located 3,800 feet southwest of the Ketchup Flat open pit and are associated with a probable northwest trending structural zone that is parallel with Ketchup Flat mineralization. The claimblock is found to contain at least five reverse circulation drill holes that were also drilled in 1992 by FMC. All five drill holes were found to contain significant alteration with two consecutive holes encountering chalcedonic alteration similar to that seen on the PPW claims. The drilling is thought to represent a zone of alteration that is at least 1,400 feet along the northwest strike and up to 800 feet wide, based on the roughly 400 foot spacing to the holes.

“The new Paradise Properties represent a solid entry into the Walker Lane Belt by WKLN”, states Steve Jones, Vice President of Exploration for the Company. “These claimblocks represent significant alteration and possible mineralization even though the specifics of the past drilling are still unknown. It is our present plan to sample the existing cuttings and to start a work plan of ground geophysics followed by additional reverse circulation drilling.”

About Walker Lane Exploration, Inc.
The Corporation is an early-stage gold and silver exploration company primarily exploring for precious metals with the Walker Lane region of Nevada where the Corporation presently owns three properties; Pyramid, which is located in Washoe County, Nevada, consisting of 10 lode claims leased from the Bureau of Land Management (BLM). West Trinity, which is located in Churchill County, Nevada consisting of 24 lode claims leased from the BLM. And, Paradise Peak West, which is located in Nye County, Nevada, consisting of 13 lode claims leased from the BLM. The Corporation’s focus is to identify mineral areas within the Walker Lane region that are open to staking and claiming, or to acquire properties management deems viable for exploration. Once a property has been secured, management conducts an assessment of the prospect for exploration, which can include sampling, trenching and drilling in order to develop the prospect for leasing, sale or joint venture with other mining companies. Further information can be found on Walker Lane’s website at: www.walkerlaneexploration.com

CONTACT INFORMATION
Company Inquiries:
Walker Lane Exploration, Inc.
Tel: 775-461-3445
Email: info@walkerlaneexploration.com
Shareholder Relations:
Phil Allen
Tel: 303-875-1044
Email: phil@walkerlaneexploration.com
Investor Relations:
Eric Stevenson
Tel: 775-434-4451
Email: ir@walkerlaneexploration.com

Safe-Harbor Statement
Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Walker Lane Exploration, Inc. Stock Symbol Changed to WKLN, Effective December 1, 2014

Carson City, NV – Walker Lane Exploration, Inc. (OTC: WKLN) (formerly, Goldspan Resources, Inc.) stock symbol has been changed to WKLN from GSPND, as of December 1, 2014.

The Corporation had filed a Certificate of Amendment with the Secretary of State of Nevada on September 23, 2014 changing its name from Goldspan Resources, Inc. to Walker Lane Exploration and reversed its issued and outstanding shares on a 1-for-25 basis. After applying to FINRA for the reverse and name change, a new trading symbol was made effective 20 working days later; December 1, 2014. That information was disclosed in a prior press release on October 31, 2014.

Walker Lane Exploration, Inc. is now focusing on its exploration activities within the Walker Lane region of Nevada where it currently owns three mining properties.

Information relating to the Corporation’s annual report and subsequent events were released in a prior press release on November 23, 2014. Shareholders should read that release for information pertaining to those results.

About Walker Lane Exploration, Inc.
The Corporation is an early-stage gold and silver exploration company primarily exploring for precious metals with the Walker Lane region of Nevada where the Corporation presently owns three properties; Pyramid, which is located in Washoe County, Nevada, consisting of 10 lode claims leased from the Bureau of Land Management (BLM). West Trinity, which is located in Churchill County, Nevada consisting of 24 lode claims leased from the BLM. And, Paradise Peak West, which is located in Nye County, Nevada, consisting of 9 lode claims leased from the BLM. The Corporation’s focus is to identify mineral areas within the Walker Lane region that are open to staking and claiming, or to acquire properties management deems viable for exploration. Once a property has been secured, management conducts an assessment of the prospect for exploration, which can include sampling, trenching and drilling in order to develop the prospect for leasing, sale or joint venture with other mining companies. Further information can be found on Walker Lane’s website at: www.walkerlaneexploration.com

CONTACT INFORMATION
Company Inquiries:
Walker Lane Exploration, Inc.
Tel: 775-461-3445
Email: info@walkerlaneexploration.com
Shareholder Relations:
Phil Allen
Tel: 303-875-1044
Email: phil@walkerlaneexploration.com
Investor Relations:
Eric Stevenson
Tel: 775-434-4451
Email: ir@walkerlaneexploration.com

Safe-Harbor Statement
Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Walker Lane Exploration, Inc. Announces Annual Report and Company Highlights

Carson City, NV – Walker Lane Exploration, Inc. (OTC: GSPND) (formerly Goldspan Resources, Inc.) announces the release of its annual report for the year ending July 31, 2014, financial results and Company highlights.

Annual Highlights
Highlights for 2014 include:

  • The Company completed the Asset Purchase of two precious metals properties from SJE Mining, LLC on July 31, 2014.
  • The Company expanded its Board of Directors from two to six on July 31, 2014.
  • The Company changed its name from Goldspan Resources, Inc. to Walker Lane Exploration, Inc., effective September 22, 2014.
  • The Company reversed its issued and outstanding common shares 1-for-25, effective September 22, 2014. As of October 31, 2014 we had 11,217,985 shares of our common stock issued and outstanding, held by 83 shareholders of record.
  • During the fiscal year ended 2014 we were able to significantly reduce our operating expenses from $1,048,957 to $45,927. The significant decrease in our operating expenses during 2014 is primarily attributable to the forgiveness (elimination) of management fees totaling $326,164 due a related party, reduced professional fees from $401,944 to $41,594, elimination of option fees totaling $315,000. Interest expenses increased from $6,720 to $11,000.
  • The company incurred a Net Loss in 2014 of $(56,927) as compared to a Net Loss in 2013 of $(1,055,677)
  • At July 31, 2014, we had cash of $ 44 as compared to $142 at July 31, 2013. Accounts receivable and prepaid expenses at July 31, 2014 totaled $73,797. Current Assets were $73,841 as compared to $142 at July 31, 2013. Despite the significant increase in current assets, the Company still had a working capital deficit of $157,739 as compared to $231,050 in 2013.

The company expects to spend substantial amounts in connection with development of current exploration properties. We anticipate that our expenses for 2015 will total approximately $1,350,000, exclusive of any salary payable to our officers or directors.

Subsequent Events:
The Company staked nine, 20 acre unpatented lode claims in the Paradise Peak West area of the Walker Lane. These claims were filed on November 3, 2014 with the BLM.

On November 3, 2014 Mr. Phillip Allen resigned as President and Chief Executive Officer of the Company while retaining his board seat. Subsequent to his resignation, Mr. Allen accepted the post of Vice President of Shareholder Relations.   On November 4, 2014 the Board of Directors appointed John L. Key President and Chief Executive Officer. Mr. Trevor Moss was appointed Chairman of the Board.

On December 1, 2014 the new trading symbol for the Corporation, WKLN, will become effective. Currently, Walker Lane’s temporary trading symbol is GSPND.

“2014 was a transition year for the Company,” stated John L. Key, President. “We are now focused on exploration in the coming year as well as increasing our precious metal property portfolio by acquiring additional properties within the Walker Lane region of Nevada. Our business model is sound and we will be focusing our efforts in the Walker Lane. With the addition of the Paradise Peak West claims we are showing success in adding value to our portfolio and in 2015 we will be working to build onto this early success. The Walker Lane Exploration website is available at www.walkerlaneexploration.com and I would encourage interested investors to visit our site and keep up with our fast moving exploration activity.”

“The Company is off to an excellent start and I look forward to resuming the discovery of significant gold and silver resources in the Walker Lane,” stated Vice President of Exploration Steve Jones. The Walker Lane is an extensive geologic region that is found along the western border of Nevada running from Beatty in the south to north of Reno. The region is known for its volcanic-hosted, epithermal deposits such as Goldfield, Tonopah, and the prolific Comstock known for its high grades and historic wealth generation. “Walker Lane Exploration presently has two established properties at Pyramid and West Trinity where we have established the presence of significant gold and silver grades from historic rock sampling”, stated Jones. “It is our intention to further surface sample and drill these properties within the next six months within the confines of our $1,350,000, 12-month budget, and to add additional properties as opportunities arise. We are presently engaged in property reviews and acquisition throughout the Walker Lane region and anticipate staking or acquiring at least one property each quarter over the next two years.”

About Walker Lane Exploration, Inc.
The Corporation is an early-stage gold and silver exploration company primarily exploring for precious metals with the Walker Lane region of Nevada where the Corporation presently owns three properties; Pyramid, which is located in Washoe County, Nevada, consisting of 10 lode claims leased from the Bureau of Land Management (BLM). West Trinity, which is located in Churchill County, Nevada consisting of 24 lode claims leased from the BLM. And, Paradise Peak West, which is located in Nye County, Nevada, consisting of 9 lode claims leased from the BLM. The Corporation’s focus is to identify mineral areas within the Walker Lane region that are open to staking and claiming, or to acquire properties management deems viable for exploration. Once a property has been secured, management conducts an assessment of the prospect for exploration, which can include sampling, trenching and drilling in order to develop the prospect for leasing, sale or joint venture with other mining companies. Further information can be found on Walker Lane’s website at: www.walkerlaneexploration.com

CONTACT INFORMATION
Company Inquiries:
Walker Lane Exploration, Inc.
Email: info@walkerlaneexploration.com
Tel: 775-461-3445
Shareholder Relations:
Phil Allen
Email: phil@walkerlaneexploration.com
Tel: 303-875-1044
Investor Relations:
Email: ir@walkerlaneexploration.com
Tel: 775-434-4451

Safe-Harbor Statement
Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Walker Lane Exploration Announces Management Changes

Walker Lane Exploration, Inc., formerly Goldspan Resources, (OTC: GSPND), has expanded its management, adding mining veteran John L. Key as President and CEO, replacing Phil Allen, who resigned those posts to take the position of Vice President of Shareholder Relations.

Carson City, NV, Nov. 6, 2014 – Walker Lane Exploration, Inc. (OTC: GSPND), formerly Goldspan Resources, Inc., a Nevada Corporation, announced management changes. Mr. Phillip Allen resigned November 3, 2014 as President, CEO and Chairman of the Board of Directors, though he retained his board seat. At a Board Meeting held November 4, 2014 the Board of Directors unanimously approved the following resolutions: Mr. John L. Key was appointed President and CEO. Mr. Trevor Moss was appointed Chairman of the Board. Mr. Allen was appointed as Vice President of Shareholder Relations. The appointments were effective November 4, 2014. An 8-K was filed November 5, 2014 disclosing the information outlined in this press release.

The management changes were unanimously approved by the board of directors. There was no disagreement between Mr. Allen on any matters related to the Company’s operations or financial accounting or disclosure matters.

“I resigned as President, CEO and Chairman of the Board in order to further our Company’s growth and operating objectives as an exploration company and look forward to continuing to serve our shareholders as both a director and Vice President of Shareholder Relations,” said Mr. Allen. “I look forward to working with Mr. Key as our new President and CEO as well and welcome him to our Company.”

John L. Key Biography

  • From February 2013 to January 2014 Mr. Key served as President and CEO of Tamerlane Ventures Inc., Tamerlane Ventures is involved with exploration and development of base metals in Canada and Peru.
  • From August 2008 to February 2012 Mr. Key served as President and CEO with Gryphon Gold Corporation, a junior mining company involved in exploration and production of gold and silver.
  • In addition to the foregoing, Mr. Key’s mining experience includes work with Cominco American, Cominco Ltd and Teck Cominco Alaska. He was General Manager with the of the Red Dog zinc/lead mine in Alaska.

“I am pleased to be a part of Walker Lane Exploration’s management team and look forward to working with our team as we develop our plans,” said Mr. Key.

About Walker Lane Exploration, Inc.
The Corporation is an early-stage gold and silver exploration company primarily exploring for precious metals with the Walker Lane Trend of Nevada where the Corporation presently owns two properties; Pyramid, which is located in Washoe County, Nevada, consisting of 10 lode claims leased from the Bureau of Land Management (BLM). And, West Trinity, which is located in Churchill County, Nevada consisting of 24 lode claims leased from the BLM. The Corporation’s focus is to identify mineral areas within the Walker Lane Trend that are open to staking and claiming, or to lease properties management deems viable for exploration. Once a property has been secured, management conducts an assessment of the prospect for exploration, which can include sampling, trenching and drilling in order to develop the prospect for leasing, sale or joint venture with other mining companies.

CONTACT INFORMATION
Company Inquiries:
Walker Lane Exploration, Inc.
Email: info@walkerlaneexploration.com
Tel: 775-461-3445
Shareholder Relations:
Phil Allen
Email: phil@walkerlaneexploration.com
Tel: 303-875-1044
Investor Relations:
Email: ir@walkerlaneexploration.com
Tel: 775-434-4451

Safe-Harbor Statement
Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Goldspan Resources, Inc. Announces Reverse Stock Split and Company Name Change

Carson City, NV – Goldspan Resources, Inc. (OTC: GSPN; GSPND), a Nevada corporation, today announced the approval of a one-for-twenty five (1-for-25) reverse stock split and name change to Walker Lane Exploration, Inc. Both actions became effective October 31, 2014. The Company’s stock symbol will trade as GSPND for twenty business days, after which, the new trading symbol will be WKLN.

“In order to improve the tradability of our shares and potentially gain access to a nationally recognized stock exchange, the Board of Directors determined that a 1-for-25 reverse stock split would be in the best interest of the Company,” said Phil Allen, President. “The Board of Directors also determined that changing our name to Walker Lane Exploration, Inc. would better-reflect the focus of the Company’s mining activities within the Walker Lane Trend of Nevada.“

The Corporation filed a Certificate of Amendment to its Articles of Incorporation pursuant to NRS 78.385 and 78.90 on September 22, 2014 authorizing the Corporation to reverse its issued and outstanding common stock on a one-for-twenty five basis and to change its name to Walker Lane Exploration, Inc. All fractional shares were rounded up to the next whole number. There was no change to the number of authorized common shares. The Certificate of Amendment did not amend, alter or otherwise change any of the designations, rights and preferences of either Series A or B Preferred Stock. Following submission to FINRA, Walker Lane Exploration, Inc. was notified that the Effective Date of the reverse stock split and name change would be October 31, 2014 and that a “D” has been appended as the 5th character the trading symbol for 20 business days including the effective date. After 20 business days the new symbol will be WKLN.

As part of the renaming process, our new website is: www.walkerlaneexploration.com   The Company has also adopted a new logo, which can found on our new website. Currently, the old website is not being forwarded to the new domain. We will be taking that website down shortly.

Our corporate address has also changed. The address is 102 North Curry Street, Carson City, NV 89703. Our new phone number is 775-461-3445. Shareholders are encouraged to communicate with the Company at our address and phone number as well as by email at info@walkerlaneexploration.com

About Walker Lane Exploration, Inc.
The Corporation is an early-stage gold and silver exploration company primarily exploring for precious metals with the Walker Lane Trend of Nevada where the Corporation presently owns two properties; Pyramid, which is located in Washoe County, Nevada, consisting of 10 lode claims leased from the Bureau of Land Management (BLM). And, West Trinity, which is located in Churchill County, Nevada consisting of 24 lode claims leased from the BLM. The Corporation’s focus is to identify mineral areas within the Walker Lane Trend that are open to staking and claiming, or to lease properties management deems viable for exploration. Once a property has been secured, management conducts an assessment of the prospect for exploration, which can include sampling, trenching and drilling in order to develop the prospect for leasing, sale or joint venture with other mining companies.

Walker Lane Exploration, Inc.
Contact:
info@walkerlaneexploration.com
775-461-3445

Safe-Harbor Statement
Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Goldspan Resources Closes Mining Asset Purchase and Expands Board

Goldspan Resources, a junior mining company listed on the OTCQB under the symbol, GSPN, completed the purchase of two precious metals mining properties in the Walker Lane Trend of Nevada

Carson City NV – Goldspan Resources, Inc., (OTCQB – GSPN) completed the purchase of assets from SJE Mining LLC which included cash and two gold and silver mining properties located in Nevada.

The mining properties are 7 lode claims located in Washoe County, NV known as the Pyramid property and 23 lode claims in Churchill County, NV known as the West Trinity property.

In addition to the asset purchase, the following individuals were elected to the Board of Directors.

Steve Jones, Keith Simon, Trevor Moss and Thomas Mancuso. Mr. Jones was also appointed as VP of Exploration, Mr. Simon, CFO, Treasurer and Secretary.

Goldspan President Phil Allen said, “We look forward to our new mining venture and welcome our new Directors and Officers to the Company. Our new management team is very experienced in precious metals exploration and I am sure our Company will benefit from this transaction.”

About Goldspan Resources, Inc.
Incorporated in Nevada in 2007, Goldspan Resources, Inc. will focus on the evaluation, acquisition, and development of mineral properties primarily in Nevada.

Any questions by shareholders or interested parties should be directed to:

Goldspan Resources, Inc.
Phil Allen, President
philallen49@gmail.com
303-875-1044

SJE Mining LLC
Eric Stevenson, Manager
editor6367@charter.net

Safe-Harbor Statement:
Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Goldspan Resources Retains Investment Banking Firm CIM Securities, LLC

Goldspan Resources, has entered into an investment banking agreement with Denver-based CIM Securities, LLC
Denver CO – Goldspan Resources, Inc., (OTCQB – GSPN) has retained the investment banking firm of CIM Securities, LLC as the Company’s financial advisor. Under the terms of the investment banking agreement, CIM Securities, LLC will advise Goldspan Resources, Inc. on an exclusive basis for six months in connection to a proposed private placement of equity and/or debt securities of the Company for the purposes of acquiring and managing mineral investment opportunities in Nevada.

“We are excited to have an investment banking firm like CIM Securities, LLC to help guide the Company into its next phase of development,” said Phillip Allen, President, Goldspan Resources, Inc.

About Goldspan Resources, Inc.
Incorporated in Nevada in 2007, Goldspan Resources, Inc. will focus on the evaluation, acquisition, and development of mineral properties primarily in Nevada.

About CIM Securities, LLC
CIM Securities’ Investment Banking Group is focused on developing long-term relationships with senior management teams and significant stakeholders of micro-cap and small-cap market companies. Consistent with CIM Securities’ mission, the Investment Banking Group seeks to deliver value-added solutions with a focus on the needs of its clients.

Any questions by shareholders or interested parties should be directed to:

Goldspan Resources, Inc.
Phil Allen, President
philallen49@gmail.com
303-875-1044

SJE Mining LLC
Eric Stevenson, Manager
editor6367@charter.net

Safe-Harbor Statement:
Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Goldspan Resources Inc. Signs Non-binding Letter of Intent with SJE Mining LLC

Denver CO – Goldspan Resources, Inc., (OTCQB – GSPN) a junior gold mining company, signed a non-binding letter of intent with SJE Mining LLC, a privately-held Nevada mining company, to acquire SJE’s Pyramid and West Trinity precious metals lode claims, subject to a definitive agreement.SJE Mining LLC, a Nevada limited liability company, and Goldspan Resources, Inc., jointly announce the signing of a non-binding Letter of Intent (LOI). The LOI provides in part for Goldspan to acquire two properties owned by SJE Mining consisting of a total of 34 mining claims and leases in the Walker Lane Gold Trend of Nevada. Closing of the transaction will be subject to execution of a definitive agreement and satisfaction of the following conditions:

  • Completion by each party of their respective due diligence.
  • Delivery of audited financial statements by SJE Mining.
  • Goldspan completing a reverse split of its common stock on 25:1 basis.

Upon satisfaction of all conditions precedent, the following actions will be taken at Closing:

  • SJE will transfer the mining claims and leases to Goldspan.
  • Goldspan shareholders will convert a total of $110,000 of debt into Goldspan common stock at a conversion price of $0.04 per share.
  • Goldspan will issue to SJE such number of shares such that following the issuance, SJE will own approximately 70.6% of Goldspan’s issued and outstanding shares of common stock.
  • Goldspan will assume $150,000 in SJE debt financing.
  • SJE will transfer to Goldspan all cash held by SJE at the date of Closing net of any payables other than the $150,000 in debt financing.
  • Immediately following Closing, Goldspan will nominate two Board members, SJE will nominate two board members and two board members will be approved on the mutual consent of SJE and Goldspan.

Phillip Allen, President of Goldspan said, “We are extremely pleased with coming to terms with SJE’s management and look forward to executing a definitive agreement and the Closing of the transaction.”

Any questions by shareholders or interested parties should be directed to:

Goldspan Resources, Inc.
Phil Allen, President
philallen49@gmail.com
303-875-1044

SJE Mining LLC
Eric Stevenson, Manager
editor6367@charter.net

Safe-Harbor Statement:
Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.