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Western Alaska Minerals Commences Drilling at Illinois Creek Ag-Zn-Pb CRD, Alaska
TUSCON, AZ / ACCESSWIRE / June 18, 2024 / Western Alaska Minerals (the " Company " or " WAM ")...
About this update from Alaska Silver Corp
[{"type":"text","content":"Western Alaska Minerals Commences Drilling at Illinois Creek Ag-Zn-Pb CRD, AlaskaTUSCON, AZ / ACCESSWIRE / June 18, 2024 / Western Alaska Minerals (the \"Company\" or \"WAM\") (TSXV:WAM) is pleased to announce that drilling has commenced on its 100% owned Illinois Creek property in western Alaska. Initial drilling is focused on new target zones to expand and link together mineralization along 6 to 8 km of this silver-rich carbonate replacement (\"CRD\") system.Highlights:OBJECTIVE: Tie the individual zones of the CRD system together, beginning with \"LH\" and \"Warm Springs priority areas, then linking them to the \"Illinois Creek Mine\" zone.BUDGETED PROGRAM: 4,000m of diamond core drilling with potential to expand.DRILL TARGETS are located along approximately 5 km of an 8 km long, SW-NE oriented trend connecting the Waterpump Creek, Warm Springs and Illinois Creek Mine systems. Initial targets lie 2.5 km (LH Zone) and 5 km (WS Zone) respectively, from the high-grade Waterpump Creek silver-zinc-lead NI 43-101 inferred resource containing 74.9 Moz at 980 g/t AgEq* (See Press Release dated April 2, 2024), with later drilling tentatively planned near the Illinois Creek Mine zone, which lies anther 2 km along the trend.Target Zone #1: \"LH\" strongly resembles Waterpump Creek with historic high-grade oxide intercepts lying up-dip from the target zone and similar surrounding geophysical and soil geochemical signatures.Target Zone #2: \"WARM SPRINGS\" (\"WS\") lies close to the past-producing Illinois Creek gold mine, interpreted to lie near the source of the system. WS also shows historic high-grade oxide intercepts up-dip from the target zone and similar geophysical and soil geochemical signatures to Waterpump Creek.STRATEGIC LOGISTICS, MAXIMIZING EFFICIENCY: Drilling will be executed by 2, 12 hour shifts of drillers operating two Company-owned, high capacity (Discovery HD) drill rigs set up on the widespread target zones. Drilling will alternate between the zones, permitting the technical team to fully incorporate the results of each drill hole into planning of the next, while greatly reducing drill rig move time and expense.CEO, Kit Marrs stated, \"Original continuity of mineralization is a hallmark of CRDs and the high grades and lateral consistency of mineralization shown by our new resource study tells us that there should be ...