Western Alaska Minerals announced the publication and filing of its updated NI 43-101 report, (the Technical Report) in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101) on the Illinois Creek Project, Illinois Creek Mining District, Alaska, USA. The report provides a comprehensive update on the Illinois Creek Project, including the significant new drill discoveries made last season at the high-grade silver-zinc-lead Waterpump Creek zone. The updated NI 43-101 offers valuable insights into the latest findings and exploration implications.

One of the key outcomes of the work completed by WAM to date, is the detailed exploration model, which serves as the foundation for WAM's 2023 exploration plans. The publication of the updated NI 43-101 report underscores Western Alaska Minerals commitment to providing investors with accurate and reliable information and demonstrates the Company's focus on responsible and sustainable mineral exploration. The Company's 2023 exploration program at the Waterpump Creek carbonate replacement deposit (CRD) consists of two main components: in-fill drilling and step-out drilling.

In-fill drilling aims to achieve optimal drill spacing, enabling accurate resource estimation. Additionally, step-out drilling will be conducted to expand the footprint of the bonanza silver-zinc-lead mineralization. This focused approach ensures a comprehensive understanding of the deposits potential.

The Company will also explore targets identified by the 3D in versions of historical IP geophysical data and the CSAMT geophysical survey completed in 2022, and further refined by an early season detailed 3D IP survey. By extending the exploration beyond the current structural boundaries, the company aims to discovery and delineate new mineralized zones, unlocking further value from the project. The NI 43-101 Technical Report was completed by Bruce Davis, PhD, FAusIMM, BD Resource Consulting Inc, Jack DiMarchi, Principal Geologist, and Deepak Malhotra, PhD, SME-RM.