Walker River Resources Corp. announced that it has entered into binding letter of agreement with Hale Capital Partners of New York to purchase 100% of the Fondaway Canyon and Dixie-Comstock gold properties located in Churchill County, Nevada. The Fondaway Canyon project consists of 148 claims located some 65 km Net of Fallon, Nevada with all year road access throughout the property. Gold-Tungsten mineralization was originally discovered on the project followed by limited tungsten production in the early 50's. Minor sporadic gold production totaling approximately 8500 ounces from low grade surface heap leach operations was also reported. Exploration consisted of RC and core drilling, as well as the construction of 100 meters of underground adit development to bulk sample the Half Moon sulphide vein, from which 500 tons of material grading 10.2 grams/ton gold were removed. The currently drilled gold resources are primarily contained within a segment of the Paperweight and Half Moon veins some 400 meters in length to depth of 150 meters. These include Indicated resources of 390,636 tons with an average grade of 0.428 ounces per ton (13.37 grams per ton) and inferred resources of 372,849 tons with an average grade of 0.409 ounces per ton (12.8 grams per ton) for a total resource (indicated and inferred) of 319813 ounces. Another mineralized system, the Hamburger Hill shear zone has been traced for over 1200 meters and with a width varying from 1.5 to 6 meters. The principal veins at Fondaway are situated within a 3500 meter long easterly trending belt that drilling has indicated is persistent from surface to a depth of 350 meters where it remains open. Two gold intercepts were encountered below the Tenneco adit along the Half Moon-Paperweight shear zone. Each of these zones is 3.5 meters in true thickness and returned assays of 7.03 grams per ton and 9.78 grams per ton at a vertical depth of 300 meters.

Effective March 05, 2013, Rhino Exploration Inc. will change its name to Walker River Resources Corp.

Rhino Exploration Inc. filed its Annual on Feb 21, 2013 for the period ending Nov 30, 2012. In this report its auditor, Manning Elliott, gave an unqualified opinion expressing doubt that the company can continue as a going concern.