Western Alaska Minerals Corp. is pleased to announce that it intends to complete a non-brokered private placement to raise gross proceeds of up to C$8,200,000 through the sale of up to 2,000,000 common shares at C$4.10 per Share. The Offering is not subject to any minimum aggregate subscription. The gross proceeds of the Offering will be used predominantly to fund the extension of the Company's 2022 exploration program [...]
Western Alaska Minerals is pleased to announce the first assay results for massive Carbonate Replacement Deposit sulfide mineralization cut in the Waterpump Creek target area at its 100% owned Illinois Creek Project in western Alaska. The results reported here are from drillholes WPC22-07, 08, 11 and 13; all drilled prior to the 47m and 101m intercepts cut in drillholes WPC22-17 and 18 for which visual observations were [...]
Western Alaska Minerals is pleased to announce additional visual observations of core from its ongoing drilling at the Waterpump Creek carbonate replacement deposit . Visual observations for WPC22-01 thru 13 were released previously . Assay results from WPC22-07, 08, 11 and 13 are pending and expected shortly. New Visual Drill Results Ongoing exploration drilling focused on extending the Waterpump Creek bonanza carbonate [...]
Western Alaska Minerals Corp. is pleased to report that all matters were approved at the Company's annual general shareholders meeting held on June 29, 2022. At the Meeting the Company's shareholders re-elected all of the Company's current board of directors, Christopher Marrs, Nathan Brewer, David Smallhouse, Gregory Anderson and Kevin Nishi as well as approved the re-appointment of the Company's current auditor, De [...]
Western Alaska Minerals is pleased to announce visual observations from this summer's first 13 drill holes at its high-grade Waterpump Creek carbonate replacement deposit target at its 100%-owned Illinois Creek project in western Alaska. Initial Results The Company is pleased to report significant massive sulfide intercepts in drill holes WPC22-07, WPC22-08, WPC22-011 and WPC22-13. The intercepts encountered show massive [...]
Western Alaska Minerals is pleased to announce the opening of its Illinois Creek Camp and the commencement of drilling at the Waterpump Creek high-grade silver-lead-zinc carbonate replacement deposit in western Alaska. This year's drilling is primarily focused on extending mineralization from the bonanza WPC21-09 drill hole at Waterpump Creek which cut 9.1 meters true thickness of 522 g/t silver, 14.4% lead and 22.5 [...]
Western Alaska Minerals Corp. is pleased to announce that it has granted options for 275,000 common shares at an exercise price of C$1.65 for a period of five years of which 90,000 have been granted to non-executive Directors. About WAM WAM began trading as a Tier 1 company listed on the TSXV Venture Exchange in November 2021, and maintains corporate offices in Alaska and Arizona. WAM has reassembled and fully controls [...]
Western Alaska Minerals is pleased to announce that it has completed a previously announced non-brokered private placement and has issued 4,170,000 common shares in the share capital of the Company at a price of C$1.20 per share for gross proceeds of C$5,004,000.00 . The Company has paid finder's fees in the total amount of C$129,765.00 to certain finders who assisted with the Offering. All shares issued in connection [...]
C$5 million private placement financing to fund 2022 exploration program April 5, 2022 - Western Alaska Minerals is pleased to announce that it intends to complete a non-brokered private placement to raise gross proceeds of up to C$5,004,000 through the sale of up to 4,170,000 common shares at C$1.20 per Share. The Offering is not subject to any minimum aggregate subscription. The gross proceeds of the Offering will be [...]
Western Alaska Minerals is pleased to announce its final 2021 drill results and provide an update on the re-interpretation and new targeting at its 100% owned Illinois Creek property in Alaska. The 2021 drill program tested four different target areas across the Illinois Creek property highlighted by bonanza grade Ag-Zn-Pb CRD mineralization intersected at Waterpump Creek which has become a primary focus for 2022 [...]
Western Alaska Minerals Corp. is pleased to announce the final 2021 drill results from the Waterpump Creek carbonate replacement deposit target at its 100%-owned Illinois Creek project in western Alaska. Additional assays are pending from 2021 drilling at the Honker high grade gold target and the Last Hurrah CRD prospect. Highlights Nine drill holes totaling 851 meters were completed at Waterpump Creek, targeting both [...]
Western Alaska Minerals Corp. is pleased to announce its common shares will commence trading on the TSX Venture Exchange on November 15th, 2021, under the symbol "WAM". This follows the completion of the business combination Reverse Take Over transaction, and concurrent C$5.2M financing. Western Alaska Minerals is a new to market company highlighted by: An award-winning technical team associated with some of Alaska's [...]