Walloper Gold Resources Ltd.

Walloper Gold Resources Ltd.

March 29, 2005 09:30 ET

Walloper Confirms High Grade Copper Oxide Zone, Khok Adar Project, Mongolia


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: WALLOPER GOLD RESOURCES LTD.

TSX VENTURE SYMBOL: WGL

MARCH 29, 2005 - 09:30 ET

Walloper Confirms High Grade Copper Oxide Zone, Khok
Adar Project, Mongolia

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 29, 2005) - Walloper
Gold Resources Ltd., (the "Company") (TSX VENTURE:WGL) is pleased to
announce surface trench results from its Khok Adar copper oxide
discovery, Bayan Ulgii Province, Western Mongolia.

Five trenches were completed in Zone 1, where copper mineralization had
been identified by previous Russian operators in the 1980's. A sixth
trench was completed in a shallow covered area with interesting subcrop
float, alteration/mineralization some 500 meters north of Zone 1. The
samples were taken at 2 meter intervals with 1 meter samples taken in
selected areas. Where duplicate samples were taken the results were
averaged.



Zone 1: Trenching
-----------------------------------------------------------------
Intersection
Trench From To Total Cu Ag
# (m) (m) width % g/t
-----------------------------------------------------------------
-----------------------------------------------------------------
C-1/C-1ext 0 210 210 1.43 14
Includes 66 90 24 2.74 25
and 94 102 8 2.90 20
and 117 130 13 4.94 59
and 130 186 56 1.68 15
-----------------------------------------------------------------
KA-1 0 46 46 1.32 17
Includes 9 21 12 2.82 39
-----------------------------------------------------------------
KA-2 0 46 46 0.18 1
-----------------------------------------------------------------
KA-4 4 24 20 0.61 4
-----------------------------------------------------------------
-----------------------------------------------------------------


Two reconnaissance scout trenches outside of zone 1 were also completed.
Trench KA-3 extended for 14 m and trench KA-5 extended for 95 m. There
was no significant copper and silver mineralization found in these
trenches.

Location maps are available on the Company's web site at:
www.wallopergold.com.

The Company has tested the Zone 1 discovery area with 6 diamond drill
holes (KA-04-01 to 06). Assays are pending subject to check assays from
a secondary laboratory. Detailed project maps and photos of recent drill
intercepts are shown on the Company's web site. A phase 2 drill program
is planned for the project and will begin in Q2, 2005.

The Khok Adar project is thought to be a structurally controlled,
copper-silver mineralized system that has been overprinted by later
phases of epithermal/mesothermal alteration and mineralization. The
initial phase 1 exploration program included 450 meters of trenching and
6 surface drill holes. Oxide Cu-Ag mineralization occurs to depths up to
at least 70 meters with some Pb, Zn, and As present.

Previous Soviet work defined a series of N70 degrees W trending
altered/mineralized zones that exhibit a strong shear fabric with a
total strike of approximately 7 km. Initial work has focused on the
western end of the Soviet Zone 1 that extends for approximately 1.7 km
where it appears to bifurcate into two zones and extend a further 1.8 km
where they remain open to the southeast. Mineralization in the area of
trenching appears to be significantly influenced by a cross-cutting N-NE
trending structure and a N15 degrees W trending fault/shear zone.

Significant chalcopyrite and pyrite were intersected below the zone of
oxidation in drill hole KA-04-04 over a 95 meter interval, assays are
pending. To date the exploration program has focused on about 1
kilometer of Zone 1's western extension. The width of the
alteration/mineralization in this part of Zone 1 based on
silicification/sericitization/heavy Fe oxidation is between 125 to 200
meters. Surface copper staining is found commonly over portions of Zone
1's western extension and the best mineralization is strongly controlled
by cross-cutting structures. The eastern extension of Zone 1 has not
been fully evaluated.

There are eight additional copper zones, previously identified from the
Soviet work within the project tenement that have not been field checked
as yet.

QA/QC

EAM conducts continuous QA/QC programs on all projects to ensure a
robust and reliable database, and to continuously improve its sampling
and assaying standards in conjunction with its primary laboratory SGS
Mongolia. The EAM QA/QC program consists of reference standards, blanks
and duplicates, each inserted at the minimum rate of 1 every 50 samples.
Same site duplicate samples are randomly taken from drill, trench and
outcrop to determine the sensitivity of the data to site variations.

All trenches were excavated with a large Russian military backhoe and
channel samples were collected carefully using a hammer and chisel
method. The channel samples were shipped by truck or van and accompanied
by an EAM employee to SGS Laboratories in Ulaanbaatar, Mongolia.

The sample preparation at SGS labs includes complete drying of the
samples, crushing the sample for 90% passing 0.6 cm or 1/4". Then a
rotary split divider is used. A sample split of about 500 g or less for
subsequent pulverizing is used. Then pulverize to 90% of the sample
passing 200 mesh. Analysis includes a fire assay of 30 g with an AAS
finish for Au. Ore grade analysis for silver, copper, zinc and lead
involve a triple acid digest (nitric, hydrochloric, and perchloric)
followed by atomic adsorption spectrometry.

Duplicates of 13 pulps from the trench sampling have been sent to McPhar
laboratories in the Philippines for check assays. SGS Laboratories in
Ulaanbaatar is ISO 9002 accredited.

Walloper, through its wholly owned subsidiary East Asia Minerals Corp.
("EAM") has an option to acquire a 75% interest in the Khok Adar
project. EAM must fund US$1,000,000 in exploration expenditures over 3
years from the anniversary date of August 15, 2004. The minimum first
year expenditures of US$150,000 have been completed as part of a
US$216,000 Phase 1 exploration program completed in 2004-05.

John Gingerich, P.Geo, a qualified person under NI 43-101, has reviewed
the contents of this news release.

For further information on the project please see the technical report
dated November 26, 2004, filed on www.sedar.com.

ON BEHALF OF THE BOARD

Lyndon Bradish, President & CEO

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Walloper Gold Resources Ltd.
    Mark Patchett
    (604) 684-2183
    (604) 688-2180 (FAX)
    mpatchett@wallopergold.com
    www.wallopergold.com
    The TSX Venture Exchange has neither approved or disapproved of the
    contents herein.