Business
WESTERN ALASKA MINERALS ANNOUNCES THE COMMENCEMENT OF DRILLING AT ITS WATERPUMP CREEK HIGH-GRADE SILVER-LEAD-ZINC DEPOSIT; INCREASES LAND POSITION
WESTERN ALASKA MINERALS ANNOUNCES THE COMMENCEMENT OF DRILLING AT ITS WATERPUMP CREEK HIG...
About this update from Alaska Silver Corp
[{"type":"text","content":"\n \n \n \n WESTERN ALASKA MINERALS ANNOUNCES THE COMMENCEMENT OF DRILLING AT ITS WATERPUMP CREEK HIGH-GRADE SILVER-LEAD-ZINC DEPOSIT; INCREASES LAND POSITION\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TUCSON, Ariz.\n \n \n ,\n \n \n May 25, 2022\n \n \n /CNW/ -\n \n Western Alaska Minerals\n \n (the \"Company\" or \"WAM\") 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 (CRD) in western\n \n Alaska\n \n . 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% zinc, or 1886 g/t silver equivalent (AgEq). The 2021 drill results demonstrated an open 500 meter by 200+ meter-wide manto of CRD mineralization developed at or near the shallow east-dipping thrust contact between thick dolomites and overlying schists.\n \n \n \n \n \n \n \n \n \n One of the Company's drill rigs has begun drilling a 50-meter offset down-dip (east) of the WPC21-09 intercept and a second Company drill rig has begun drilling 50 meters to the south of the down-dip hole.\n \n \n More Core Drilling Ltd., based in\n \n Stewart, British Columbia\n \n , has again been contracted to provide drilling services to WAM. Three Hercules C-130 flights during the last month have mobilized drill supplies, equipment, and camp upgrade materials to the Camp for the 2022 season.\n \n \n Additional known Anaconda prospects Khotol Ridge and Paw Print, located to the north and east of WAM's Illinois Creek and Round top properties, totaling 6,080 acres, have been acquired. Both prospects have stratigraphy similar to Water Pump Creek and were acquired based on Company Technical Advisor\n \n Peter Megaw's\n \n understanding of the belt-like nature of CRD districts around the world, each with multiple deposits.\n \n \n \n 2022 Plans\n \n \n \n \n The 2022 program is primarily focused on completing 4,000 me...