Technical Report Filed For High-Grade Waterpump Creek Silver-Lead-Zinc Initial Resource

TUCSON, AZ - Western Alaska Minerals (WAM) reported the filing of its updated NI 43-101 report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects "NI 43-101) on the Illinois Creek (IC) Project, in Alaska. T

"The updated NI 43-101 report confirms the outstanding high-grade silver-lead-zinc initial resource at Waterpump Creek, a distal zone of the Illinois Creek carbonate replacement deposit (CRD). Our attention now turns to validating the substantial scale potential of the CRD through advanced modeling on the LH and Warm Springs targets," stated Kit Marrs, President and CEO.

The Technical Report provides an updated and revised mineral resource estimate for the Waterpump Creek (WPC) zone from the initially reported estimate in the February 22, 2024.

WAM's 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 system encompasses the (past producing) Illinois Creek gold-silver mine, the Waterpump Creek high-grade silver-lead-zinc deposit, open to the north, and the Honker gold prospect. Twenty-five kilometers northeast of the Illinois Creek CRD lies the Round Top copper and the TG North CRD prospects. All prospects were originally discovered by Anaconda Minerals Co. in the early 1980's. Since 2010, WAM, along with its precursor company, Western Alaska Copper & Gold, reassembled the Anaconda land package and has been engaged in exploring the district.