Alaska Silver
TSXV:WAMAlaska Silver is a mineral exploration company advancing silver and critical minerals resources in Alaska. The company is focused on developing two significant deposits within a carbonate replacement system: the high-grade silver deposit at Waterpump Creek (containing gallium, a critical mineral) and the historic Illinois Creek mine. Their mission is unearthing Alaska's next Silver and Critical Minerals Frontier.
Projects
Active mining projects and exploration sites
Illinois Creek Project
Gold exploration and development project
Round Top
The Round Top target is a large copper-molybdenum-silver (Cu-Mo-Ag) porphyry system that lies approximately 25 kilometers NE of the Illinois Creek CRD property. A total of 33 Alaska Silver drill holes totaling >10,700 meters were completed between 2016 and 2019 on the project. Widespread secondary copper mineralization, primarily as covellite and chalcocite suggest possible recovery using SXEW (solvent extraction electro-winnowing) technology.
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About Alaska Silver
Alaska Silver (TSXV: WAM) is a silver-focused mineral exploration company with ground in USA.
The company holds 2 projects on file, of which 1 carries a reported mineral resource.
1 financing is on record, totalling approximately C$7.6M, most recently in August 2026.
17 press releases are tracked here, 1 of them financing-related, with the most recent dated Sep 3, 2026.
Alaska Silver is a mineral exploration company advancing silver and critical minerals resources in Alaska. The company is focused on developing two significant deposits within a carbonate replacement system: the high-grade silver deposit at Waterpump Creek (containing gallium, a critical mineral) and the historic Illinois Creek mine. Their mission is unearthing Alaska's next Silver and Critical Minerals Frontier.
Key facts
| Listing | TSXV: WAM |
|---|---|
| Market capitalisation | $49.9M |
| Shares outstanding | 88.7M |
| Projects on file | 2 |
| Commodities | Silver |
| Jurisdictions | Alaska, USA · USA |
| Financings on record | 1 |
| Insider trades (30 days) | 0 buys, 0 sells on the open market · last filing 2026-09-02 |
Projects
| Project | Commodity | Location | Stage |
|---|---|---|---|
| Illinois Creek Project | — | Alaska, USA | Early exploration |
| Round Top | Silver | USA | Early exploration |
Mineral resource estimates
4 reported estimates across 1 project. Categories are as disclosed by the company; inferred material carries the lowest confidence and cannot support a reserve.
| Project | Category | Tonnes | Au g/t | Au oz | Ag g/t | Ag oz | Effective |
|---|---|---|---|---|---|---|---|
| Illinois Creek Project | IndicatedNI 43-101 | 8.7 Mt | 0.90 g/t | 253 koz | 34.4 g/t | 9.60 Moz | Feb 20, 2024 |
| Illinois Creek Project | InferredNI 43-101 | 720 kt | — | — | 150.0 g/t | 3.50 Moz | Feb 20, 2024 |
| Illinois Creek Project | InferredNI 43-101 | 2.4 Mt | — | — | 279.0 g/t | 21.40 Moz | Feb 20, 2024 |
| Illinois Creek Project | InferredNI 43-101 | 3.3 Mt | 0.99 g/t | 104 koz | 36.2 g/t | 3.80 Moz | Feb 20, 2024 |
How the categories differ: Inferred vs Indicated vs Measured. Track how these numbers have moved between reports with the Resource Growth Tracker.
Financing history
| Announced | Type | Amount | Warrants |
|---|---|---|---|
| Aug 17, 2026 | Private placement | C$7.6M | Yes |
Warrants attached to past raises are future dilution at a fixed price. The Warrant Overhang Radar tracks the resulting overhang, and the Dilution Tracker shows how the share count has grown.
Recent news releases
- Sep 3, 2026Alaska Silver Announces Grant of Options
- Aug 17, 2026Alaska Silver Announces Closing of C$7.6 Million PIPE Financing
- Aug 11, 2026Alaska Silver Announces C$7.6 Million PIPE Financing to Expand 2026 Drill Program to 9,000 Metres
- Jul 8, 2026Alaska Silver Announces Appointment of Lance Miller as Technical Advisor
- Jun 22, 2026Alaska Silver Announces Shareholder Meeting Results and Summer Exploration Program Update
- Jun 11, 2026Alaska Silver Announces Appointment of Aaron Schutt as CEO and Planned Retirement of Kit Marrs
- Jun 4, 2026Alaska Silver Commences 2026 Drill Program at Illinois Creek Targeting Resource Expansion and New Discoveries
- May 19, 2026Alaska Silver Announces Plan for Deferred Management Fees Transaction
- May 14, 2026Alaska Silver Announces Appointment of Aaron Schutt as Director
- May 7, 2026Alaska Silver Announces Simplification of Capital Structure