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Western Alaska Minerals begins drilling in Alaska

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| June 18, 2024

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  • Western Alaska Minerals (TSXV:WAM) has begun drilling at its 100-per-cent-owned Illinois Creek property in Western Alaska
  • Drilling will focus on new target zones to expand and link mineralization along 6 to 8 kilometres of a silver-rich carbonate replacement system
  • The program is budgeted for 4,000 metres of diamond core drilling with the potential to expand
  • Shares of Western Alaska Minerals are up 4.65 per cent to C$0.90 as of 10:34 am ET

Western Alaska Minerals (TSXV:WAM) has begun drilling at its 100-per-cent-owned Illinois Creek property in Western Alaska.

In a news release, the company stated drilling will focus on new target zones to expand and link mineralization along 6 to 8 kilometres of a silver-rich carbonate replacement system.

The program is budgeted for 4,000 metres of diamond core drilling with the potential to expand.

“We are excited to undertake linking the known mineralization zones along this trend through aggressive step-outs guided by our exploration model, mineralization cut in historic drilling and our recent geophysical and geochemical studies,” Kit Marrs, CEO of Western Alaska Minerals, said in a statement.

Other objectives of the program include tying the individual zones of the carbonate replacement systems together, starting with the LH and Warm Springs priority areas and linking them to the Illinois Creek Mine Zone.

The drill targets are along approximately 5 kilometres of an 8-kilometre-long, southwest-northeaast-oriented trend connecting the Waterpump Creek, Warm Springs and Illinois Creek Mine systems.

Western Alaska Minerals is a mining exploration company focused on exploring the Illinois Creek Mining District in Western Alaska

Shares of Western Alaska Minerals (TSXV:WAM) are up 4.65 per cent to C$0.90 as of 10:34 am ET.

Join the discussion: Find out what everybody’s saying about this stock on the Western Alaska Minerals Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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