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Western Alaska Minerals Files Financial Statements for the Year Ended December 31, 2023
PROVIDES A CORPORATE UPDATE TUCSON, AZ / ACCESSWIRE / April 12, 2024 / Western Alaska Miner...
About this update from Alaska Silver Corp
[{"type":"text","content":"Western Alaska Minerals Files Financial Statements for the Year Ended December 31, 2023PROVIDES A CORPORATE UPDATETUCSON, AZ / ACCESSWIRE / April 12, 2024 / Western Alaska Minerals (the \"Company\" or \"WAM\") (TSXV:WAM)(OTC PINK:WAMFF) is pleased to announce the filing of its audited consolidated financial statements, management's discussion and analysis (\"MD&A\") and Annual Information Form (\"AIF\"); (together, the \"Annual Filings\") for the year ended December 31, 2023. These filings can be found on the Company's website at www.westernalaskaminerals.com and the Company's SEDAR+ profile at https://www.sedarplus.ca/landingpage/.2023 Corporate HighlightsSuccessfully expanded the high-grade silver-zinc-lead discovery at the Waterpump Creek (\"WPC\") zone of the CRD system to a 450m strike length.Identified an initial resource of 75Moz @ 980 G/T AgEq at WPC.Completed an ultra-high-resolution 3D IP geophysical survey, the results of which have generated compelling drill targets for expansion potential of the Company's inventory of high-grade ounces.Raised C$8.69M in two financings.Corporate UpdateThe Company also announces that Mr. Alex Tong will be resigning from his part-time role of CFO effective June 30, 2024. Mr. Tong will continue to serve in the role of CFO until June 30, 2024. The Company will be conducting a search to find a new CFO prior to Mr. Tong's departure.Mr. Tong joined WAM as CFO on April 1, 2021, and was instrumental in facilitating the Company's RTO process for listing on the TSX-V in November 2021. Additionally, Mr. Tong played a significant role in each of the Company's five financings since November 2021, raising a total of C$30.69M.CEO Kit Marrs stated, \"I would like to thank Alex for his three years of hard work in helping Western Alaska Minerals transition from a private exploration company to a listing on the TSX.V and the completion of multiple financings. I wish Alex well in his new role as he pursues new horizons for professional advancement.\"About WAMOur mission is to advance a mineable and scalable CRD, ultimately reshaping the mineral landscape of western Alaska and establishing a new CRD district.WAM's 100% owned claims cover 73,120 acres (114.25 square miles or 29,591 hectares), approximately 45 km east of an ocean barge-compatible section of the Yukon River. WAM's intact mineralized CRD ...