Silver Sage Is A New High-Grade Discovery Zone At Illinois Creek

TUCSON – Alaska Silver Corp. announced the discovery of a new high-grade mineralized zone, named Silver Sage, on its Illinois Creek (IC) Carbonate Replacement Deposit (CRD) project in western Alaska. The Silver Sage zone represents a significant exploration breakthrough, located 4.8km south of the Waterpump Creek resource. The discovery has been confirmed through surface trenching, pit sampling, and initial drilling. Drill hole results will be discussed when assay results are received and reviewed.
Early work confirms Silver Sage as a promising mineralized system with near-surface samples running: 1) 1,235 g/t silver (“Ag”) with 65% lead (“Pb”). 2) 1,135 g/t Ag with 73% Pb. Extensive surface exploration completed: 1) 8 trenches, all of which contained mineralization and/or alteration. 2) Over 100 excavator pits. Initial drilling completed: 1) 9 preliminary drill holes totaling 906.5 meters designed to define stratigraphy and alteration in the zone. 2) District-scale potential: Newly discovered manifestation of a major CRD system.
Kit Marrs, CEO, said, “The discovery of Silver Sage marks a major step forward for Alaska Silver. Early indications of high-grade mineralization, combined with the scale of this brand-new surface expression within the Illinois Creek system, reinforce our belief that the Illinois Creek project hosts a large, district-scale CRD system. We’re excited by the potential this new zone represents and look forward to sharing assay results as they become available.”