TSX-V: WAM
Last: 2.43
Change: 0.14
Vol: 94,027

Five Metals.
One District.

Our Project, People, & Passion 

Western Alaska Minerals is focused on advancing its 100% owned "Illinois Creek Mining District" (>73,000 acres) which contains targets originally discovered by Anaconda Minerals in the 1980s and was consolidated by the WAM management team over the past 10 years. The portfolio of five, high-grade, evolving mineral projects contain: gold, silver, copper, lead, and zinc including a silver-rich Carbonate Replacement Deposit (CRD) and a NI 43-101 oxide gold resource at the Illinois Creek deposit.

Our board, management, and technical teams have track records exploring and progressing Tier 1 assets in Alaska including Donlin Creek, Greens Creek, and Bornite.

The company’s first-pass drill program at the Waterpump Creek (“WPC”) CRD target in 2021 intersected 9.1m (true thickness) @ 526 g/t Ag, 22.5% Zn & 14.4% Pb (1,886 g/t AgEq). WAM's 2022 drilling season continually intersected more bonanza-grade mineralization at Waterpump Creek, expanding the mineralized strike from 50m to 400m long.

Photos: coarse grained sulphides shown from a high-grade silver-lead-zinc drill intercept (2021)
Photos: coarse grained sulphides shown from a high-grade silver-lead-zinc drill intercept (2021)

Photos: Drill hole WPC21-09 cut 10.5m (9.1m TT) of 522 g/t Ag, 22.5% Zn and 14.4% Pb of massive sphalerite and argentiferous galena. This exceptional high-grade interval has focused WAM's exploration targeting on the overall CRD potential on the property.

Illinois Creek Mining District

Waterpump Creek

Lead, Zinc & Silver element information

IC Oxide Gold

Gold & Silver element information

Round Top

Copper, Molybdenumn & Silver element information

Honker Gold

Gold element information

TG North

Lead, Zinc & Silver element information

Catalysts

  
  • 2023 Drill program: up to 3 diamond drill rigs (funding-dependent)
 
  • Expansion of mineralized footprint at Waterpump Creek: increase high-grade + tonnage
 
  • Exploration drilling: test thesis on district-scale CRD potential at Illinois Creek property
 
  • Metallurgical studies, modelling/targeting based on 2022 drill sucess