Key facts
| Company | Alaska Silver (TSXV: WAM) |
|---|---|
| Location | Alaska, USA |
| Stage | Resource definition |
Mineral resource estimates
4 reported estimates, newest first. Categories are as disclosed by Alaska Silver; inferred material carries the lowest confidence and cannot support a reserve.
| Category | Tonnes | Au g/t | Au oz | Ag g/t | Ag oz | Effective |
|---|---|---|---|---|---|---|
| IndicatedNI 43-101 | 8.7 Mt | 0.90 g/t | 253 koz | 34.4 g/t | 9.60 Moz | Feb 20, 2024 |
| InferredNI 43-101 | 3.3 Mt | 0.99 g/t | 104 koz | 36.2 g/t | 3.80 Moz | Feb 20, 2024 |
| InferredNI 43-101 | 2.4 Mt | — | — | 279.0 g/t | 21.40 Moz | Feb 20, 2024 |
| InferredNI 43-101 | 720 kt | — | — | 150.0 g/t | 3.50 Moz | Feb 20, 2024 |
How the categories differ: Inferred vs Indicated vs Measured. Compare reports over time with the Resource Growth Tracker.
News releases9 on file
Alaska Silver Completes Record-Breaking 2026 Drill Program At Illinois Creek
9,496 metres were drilled across two rigs over 84 drill days at the 100%-owned Illinois Creek Project in western Alaska, exceeding the expanded 9,000-metre target and the original 6,000-metre plan, which was met in 54 drill days before a C$7,615,800 financing closed on August 17, 2026 funded the expansion. The program included 39 holes sampled (27 at Silver Sage, 12 at Waterpump Creek), 7,380 samp
Drill resultsAlaska Silver Announces Closing of C$7.6 Million PIPE Financing
A C$7,615,800 (approximately US$5,480,000) PIPE financing has closed, with 13,846,910 units issued at C$0.55 per unit, each comprising one share and one warrant exercisable at C$0.75 for three years. Proceeds will fund expansion of the 2026 drilling program at the Illinois Creek Project in western Alaska from 6,000 metres to about 9,000 metres, targeting Waterpump Creek and Silver Sage, plus metal
FinancingAlaska Silver Announces C$7.6 Million PIPE Financing to Expand 2026 Drill Program to 9,000 Metres
A private investment in public equity financing of up to 13,846,910 units at C$0.55 per unit for gross proceeds of up to C$7,615,800 (about US$5,462,000) is expected to close on or about August 14, 2026, each unit comprising one common share and one warrant exercisable at C$0.75 for three years. Crescat Capital LLC, holding about 13.8% of shares, will participate. Proceeds will expand the 2026 dri
FinancingAlaska Silver Announces Appointment of Lance Miller as Technical Advisor
Dr. Lance Miller has been appointed Technical Advisor to Alaska Silver. Miller is Vice President of Natural Resources for NANA Regional Corporation and has more than 35 years of experience in Alaska and internationally, including roles as Chairman of the Alaska Minerals Commission and President of the Resource Development Council. Darwin Green has stepped down from the Company's Technical Committe
ManagementAlaska Silver Announces Shareholder Meeting Results and Summer Exploration Program Update
All resolutions were approved at the annual and special general meeting held June 19, 2026, including election of six directors, appointment of Davidson & Company LLP as auditors, the Long Term Incentive Plan, and issuance of shares to insiders in settlement of debt; 26,946,579 shares, or 30.36% of outstanding, were represented. The 2026 6,000-metre exploration program at Illinois Creek, western A
CorporateAlaska Silver Commences 2026 Drill Program at Illinois Creek Targeting Resource Expansion and New Discoveries
A fully funded, two-rig, 6,000 metre drilling and exploration program has begun at the 100%-owned Illinois Creek Project in western Alaska, with camp mobilization underway, drillers expected next week and drilling to start soon after. Plans include roughly 2,400 m in 4–5 holes at Waterpump Creek South, 600 m in 3 holes at Waterpump Creek North, and 3,000 m in 15–20 holes at Silver Sage, plus two t
Drill resultsAlaska Silver Announces 6,000-Meter 2026 Drill Program for Illinois Creek, Alaska
A fully funded summer 2026 exploration program including a minimum of 6,000 m of diamond drilling is planned for the 32,737-hectare, 100%-owned Illinois Creek silver-gold-lead-zinc and gallium project in western Alaska, using two company-owned drill rigs with simultaneous surface exploration and trenching, starting in early June. Drilling will target the Waterpump Creek deposit and the Silver Sage
Drill resultsAlaska Silver Files Updated NI 43-101 Technical Report for Illinois Creek Deposit
An NI 43-101 technical report supporting the updated mineral resource estimate for the Illinois Creek gold-silver deposit in Western Alaska has been filed on SEDAR+, with an effective date of January 22, 2026, prepared by Dr. Bruce Davis of BD Resource Consulting. The estimate, first announced January 22, 2026, shows indicated gold and silver ounces up 11% and 7% respectively, with inferred ounces
Study results