Cambridge

The Cambridge Project is located approximately 33 km south of Yerington in Lyon County, Nevada. The site comprises 51 federal lode claims across key sections of Township 10N, Ranges 26E and 27E (MDM). With convenient road access via State Route 3C and East Walker Road—running along the southern edge of the claims—the project is well-positioned for continued development. Initial staking activity began in 2016 near the historic Pilot Lode workings, followed by additional claims at the Cambridge Mine in 2019. A strategic joint venture was formed in 2020 to unify and advance exploration across this promising district.

Walker Lane Resources, in partnership with its exploration collaborators, is actively advancing the Cambridge Project as a high-priority asset with significant upside potential.

The Cambridge Property is underlain by Cretaceous quartz monzonite, structurally overthrust by Tertiary andesite in the northwest. Bedrock exposure is generally sparse but consistent across the claims, suggesting minimal overburden. Gold mineralization is hosted in north to northwest-trending, steeply dipping fault zones and shear structures. Quartz veining—ranging from 20 cm to 2 meters in width—contains pyrite, pyrrhotite, chalcopyrite, and occasional galena and tetrahedrite, often accompanied by iron oxide alteration and visible gold.

Sampling programs have yielded highly encouraging results, with 29% of surface grab samples exceeding 5 g/t Au and peak values reaching 93.8 g/t Au. Trenching has returned intervals up to 3.2 meters grading 14.65 g/t Au, further highlighting the property's potential.

Recent airborne magnetic and radiometric surveys conducted in 2020 identified structural trends correlating with known mineralization zones. Orientation soil surveys also outlined key geochemical anomalies, providing targets for follow-up geophysics, trenching, and subsequent drill testing.

Mining activity in the Cambridge district dates back to the 1860s, with significant development initiated in the late 1870s when Nevada’s first state governor, Henry Blasdel, acquired the Cambridge Mine. Early operations included a 250-foot shaft and underground workings across two levels, producing an estimated 10,000 tons of ore averaging 0.3 ounces per ton (Au), processed locally near the Walker River. After a brief resurgence between 1940 and 1942 under Cambridge Mining Corp., operations ceased due to federal wartime restrictions.

Subsequent exploration activity in the mid-20th century included small-scale staking and prospecting, though no major commercial programs have been recorded in recent decades.