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Western Alaska Minerals Extends Mineralization at Waterpump Creek

40.2 meters of 262 gpt Ag (8.4 opt), 10.9% Pb and 4.5% Zn, Including: 5.3 meters of 729 gpt Ag (2...

articleAlaska Silver CorpAugust 14, 20233/company/western-alaska-minerals/news/western-alaska-minerals-extends-mineralization-at-waterpump-creek
Western Alaska Minerals Extends Mineralization at Waterpump Creek

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[{"type":"text","content":"Western Alaska Minerals Extends Mineralization at Waterpump Creek40.2 meters of 262 gpt Ag (8.4 opt), 10.9% Pb and 4.5% Zn, Including: 5.3 meters of 729 gpt Ag (23.4 opt), 24.1% Pb and 3.1 % ZnAnd Last Hurrah Drilling Cuts Strong Indicators of Proximity to MineralizationTUCSON, AZ / ACCESSWIRE / August 14, 2023 / Western Alaska Minerals (the \"Company\" or \"WAM\") (TSX-V:WAM) is pleased to report the first assay results from the initial step-out phase of its second-year drilling program at the 100% owned Waterpump Creek (\"WPC\") silver-rich Carbonate Replacement Deposit (\"CRD\"). Hole WPC23-0030 extends WPC to 495 meters in strike length.HighlightsStep-out drill hole WPC23-0030:Cumulative 71.6 meters of multiple high-grade zones22.0m of 146 gpt Ag (4.7 opt), 3.3% Pb and 9.8% Zn40.2m of 262 gpt Ag (8.4 opt), 10.9% Pb and 4.5% Zn, including5.3 meters of 729 gpt Ag (23.4 opt), 24.1% Pb and 3.1 % Zn, and8.6 meters of 493 gpt Ag (15.8 opt), 22.9% Pb and 2.6% ZnExtends the WPC system at least 45 meters down plunge to the south and demonstrates continuity of the system.Extends WPC system to 495m in total length.Last Hurrah Drilling:The Company is excited to share visuals from the first drilling at Anaconda's \"Last Hurrah\"* target, which appears to be an offset continuation of Waterpump Creek. Hole LH23-0005 cut 21.4m of strongly ultraviolet fluorescent \"Barbecue Rock\" in \"Fugitive Calcite\" veining, a proximal \"exhaust\" feature of CRD mineralization according to CRD expert, Dr. Peter Megaw, technical advisor to WAM. Similar Barbeque Rock surrounds mineralization at the Waterpump Creek deposit, where it occurs within 25m to 50m of high-grade CRD massive sulphide mineralization.*Last Hurrah was coined by Anaconda in the 1980s as it was the last target to be drilled by Anaconda within the Illinois Creek Mining District.\"We welcome this proof that high-grade mineralization at Waterpump Creek remains open to the south and that the distinctive CRD alteration seen there is turning up in our drilling 700m farther south at Last Hurrah,\" said Kit Marrs, CEO of Western Alaska Minerals. \"We look forward to continuing drilling at Last Hurrah to find the sulphides that the alteration is telling us should be nearby and trace it back towards WPC, which may just be the tip of the finger of a major CRD manto\".\"It is always exciting to see...

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