Alaska Silver (TSX-V: WAM) (Frankfurt: M17) (OTCPK: WAMFF) is advancing a prolific 8-km mineral corridor hosting two significant deposits. Our flagship high-grade silver deposit at Waterpump Creek, which contains gallium (the U.S. #1 critical mineral), and the historic Illinois Creek mine anchor our 100% owned carbonate replacement system across an expansive, underexplored landscape.

• Waterpump Creek: 75 Moz @ 980 g/t AgEq (Inferred), open for expansion north and south
• Illinois Creek: 525 Koz AuEq – 373 Koz @ 1.3 g/t AuEq (Indicated), 152 Koz @ 1.44 g/t AuEq (Inferred)
• 2024 “Warm Springs” Discovery: First copper, gold, and Waterpump Creek-grade silver intercepts 0.8 miles from Illinois Creek

2025 Focus: Targeting additional high-grade silver discoveries at Waterpump Creek South and initiating studies on gallium recovery potential.

Corporate Presentation

Community & Land

Land

All claims controlled by Alaska Silver as well as proposed development infrastructure lie on lands owned by the State of Alaska and are subject to State of Alaska mining claim regulations.

Community

As part of the Alaska Silver culture, our commitment to the local communities involves building strong relationships based on mutual respect, trust, and open communication.  We share common goals including environmental stewardship and maximizing local employment as part of our work force.  Beginning in 2017 when WAM was still private, we also began offering local training programs and scholarship initiatives in the nearby villages. In addition to hiring contract companies from these villages, we are delighted to share that between 2022 and 2023, approximately 30 members of our camp workforce hailed from the nearby communities of Galena, Nulato, Koyokuk and Kaltag, with an impressive payroll of >USD$478,000.

Furthermore, we take pride in the fact that we welcome leaders from the nearby communities to the Illinois Creek Mining project annually so that they may see and better understand our project and what we do.

These examples of collaboration, ongoing communication, and transparency reflect our steadfast commitment to responsible operations in western Alaska and support our goal of developing long-term relationships in the surrounding villages.

Management

Joe Piekenbrock B.Sc., M.Sc.

Chief Exploration Officer

Mr. Piekenbrock brings over 35 years of experience in the mining exploration and development industry, during which he has managed all aspects of exploration from grassroots discovery through feasibility. From 2003 to 2011, he served as Vice President of Exploration for NovaGold Resources, and more recently served as Senior Vice President of Exploration for NovaCopper (now Trilogy Metals). He gained extensive experience throughout Latin America while working for Placer Dome, and was one of the founding members of Brett Resources. Earlier in his career, he was a member of the Cominco Alaska exploration team responsible for the discovery of the Whistler Cu deposit, the Sleitat Sn deposit, the Shotgun Au deposit, and the giant Pebble Cu-Au deposit. After joining the Nova group companies in 2003, he was instrumental in leading a series of major discoveries including the Donlin Creek Au and the Bornite Cu deposits in Alaska, and the Galore Creek Cu-Au porphyry deposit in British Columbia. He was awarded the Thayer Lindsley medal for International Discovery in 2009 for his role in the discovery of the Donlin Creek deposit, and the Colin Spence award for International Discovery in 2015 for his contributions to the discovery of the South Reef deposit at Bornite. Mr. Piekenbrock holds a Bachelor of Arts degree in Geology from the University of Colorado, and a Master of Science degree in Economic Geology from the University of Arizona.

Kit Marrs B.Sc., M.Sc.

Co-Founder, Chief Executive Officer, Director

Kit Marrs is the Co-Founder, CEO, and President of Alaska Silver, (formerly Western Alaska Copper & Gold). He has more than 25 years experience in mineral exploration and development, property evaluation, and project financing in Alaska and Mexico. Mr. Marrs has worked for major mining companies and consulting firms including Anaconda Minerals Company (Anaconda), Kennecott/Bear Creek Mining, Watts Griffis & McQuat, and Penoles, SA de CV. In 1981, he was the project geologist for the Illinois Creek/Round Top Project for Anaconda and directed the exploration program. He has extensive experience in financing, permitting, and implementing real estate development projects and joint venture developments with values of $10-30 million USD. His combined experience in both geologic exploration and development in Alaska, and real estate project financing, permitting and development gives Mr. Marrs a unique set of skills to lead this company. He holds Bachelor of Science and Master of Science degrees in Economic Geology from the University of Arizona, and served from 2005-2021 on the Advisory Board for the University of Arizona’s Department of Geosciences.

Patrick ‘Pat’ Donnelly P.Geo., MBA

Vice President

Patrick (“Pat”) Donnelly is the Executive Vice President of Alaska Silver (Formerly Western Alaska Minerals). Mr. Donnelly possesses extensive experience in mineral exploration, capital markets, corporate development, and investor relations. His career began nearly three decades ago as a project geologist, exploring for precious and base metals as well as diamonds in western and northern Canada. Following this, he transitioned to a role as a mining analyst with a Canadian securities firm. Most recently Mr. Donnelly was the Vice President of Capital Markets for Tudor Gold Corp. Mr. Donnelly has considerable experience working in Alaska due to his time as Vice President of Corporate Communications and Development for Trilogy Metals Inc., where he played a key role in advancing the Upper Kobuk Mineral Projects in Alaska, USA, alongside its partners. During his six years at Trilogy Metals, Mr. Donnelly developed a key understanding of the permitting and political landscape of the state. Mr. Donnelly also held the position of President at First Mining Gold Corporation for over three years. At First Mining, where he was also a co-founder, he spearheaded the company’s initial public offering and listing on the Toronto Stock Exchange. Noteworthy achievements during his tenure at First Mining include the successful negotiation and completion of eight significant transactions. Mr. Donnelly holds a Master of Business Administration from the University of Toronto and a Bachelor of Science in Geological Sciences from the University of British Columbia. Mr. Donnelly is registered as a Professional Geoscientist with the Engineers and Geoscientists of British Columbia.

Darren Morgans CPA, CA

Chief Financial Officer

Darren Morgans, a Canadian CPA and Australian CA, has been a practicing finance professional since 1995 and has worked with Canadian and Australian publicly listed resource companies for over 25 years.  Mr. Morgans is currently CFO of Cosa Resources Corp, a uranium explorer in the Athabasca Basin in Canada.  Previously, Mr. Morgans was a fractional  CFO for Velocity Minerals and Volta Metals, both Canadian listed junior explorers. Earlier in his career Mr. Morgans was the CFO of Perpetua Resources Corp. (formerly Midas Gold Corp.). Joining the company as a private company and then assisting through its IPO in 2011 and subsequently raising over $C200 million in equity, convertible debt and royalty financings, with the focus of advancing the Stibnite Gold Project from a small resource to a Feasibility Study with almost 5 million ozs in reserves.  Prior to joining Perpetua in 2011, he was the Controller and Secretary for Terrane Metals Corp. prior to its acquisition by Thompson Creek Metals.  He has also worked for Place Dome Inc. and Mount Isa Mines.  Mr. Morgans began his career with PwC after obtaining a Bachelor of Commerce from the University of Queensland.

Directors

Nate Brewer BA, CPG

DIRECTOR

Mr. Brewer has more than 40 years’ experience as an exploration geologist. He has worked for several major mining companies in over 20 countries worldwide including Anaconda, Echo Bay, Lac Minerals, Barrick, Homestake and Gold Fields. His career started in Alaska (including 3 years as the Project Manager at Illinois Creek). Before retiring in 2018 from Gold Fields, he was Senior Vice President, Global Greenfields Exploration. During his career he lead two important South American projects from grass roots discovery through resource delineation, PEA, and Pre-Feasibility and Feasibility stages. Both of these deposits have since become profitable mines. Mr. Brewer holds a BA in Geology from UC Santa Barbara and is a Certified Professional Geologist. He is the current President of the Denver Regional Exploration Geologists’ Society (DREGS).

Kit Marrs B.Sc., M.Sc.

Co-Founder, Chief Executive Officer, Director

Kit Marrs is the Co-Founder, CEO, and President of Alaska Silver, (formerly Western Alaska Copper & Gold). He has more than 25 years experience in mineral exploration and development, property evaluation, and project financing in Alaska and Mexico. Mr. Marrs has worked for major mining companies and consulting firms including Anaconda Minerals Company (Anaconda), Kennecott/Bear Creek Mining, Watts Griffis & McQuat, and Penoles, SA de CV. In 1981, he was the project geologist for the Illinois Creek/Round Top Project for Anaconda and directed the exploration program. He has extensive experience in financing, permitting, and implementing real estate development projects and joint venture developments with values of $10-30 million USD. His combined experience in both geologic exploration and development in Alaska, and real estate project financing, permitting and development gives Mr. Marrs a unique set of skills to lead this company. He holds Bachelor of Science and Master of Science degrees in Economic Geology from the University of Arizona, and served from 2005-2021 on the Advisory Board for the University of Arizona’s Department of Geosciences.

Susan Mitchell

Director

Ms. Mitchell bring over 40 years of capital markets experience to Alaska Silver, starting her career with Canadian Imperial Bank of Commerce (CIBC) in Toronto in the Corporate Finance and Treasury divisions, participating in raising over C$1 billion in primary capital. She was also Director of Treasury of Cyprus AMAX Minerals and a Managing Director of Metals & Mining, Global Structured finance for Westdeutsche Landesbannk (WESTLB) in New York, NY, and a Director of Risk Solutions with Standard & Poor’s in New York. Ms. Mitchell has run her own consulting firm, S. Mitchell & Associates, in New York, NY since 2004.

Kevin Nishi BBA, CPA, CA

DIRECTOR

Mr. Nishi is a Chartered Professional Accountant and holds a Bachelor of Business Administration degree from Simon Fraser University. He has held several director positions with exploration stage mining companies. Mr. Nishi is a partner with Smythe LLP working with several public companies listed on the TSX and TSX Venture exchanges in Canada and in the United States.

David Smallhouse B.S., M.S.

DIRECTOR

David Smallhouse, a fifth generation Tucsonan, graduated from the University of California at Davis with a Bachelor of Science Degree in Agricultural Economics and from the University of Arizona with a Master of Science Degree in Agricultural Economics.

David currently is the Managing Director of Miramar Ventures, LLC, a firm involved in agribusiness, real estate, private equity, and venture capital investments. He currently serves as a board member of Playability Toys, Western Alaska Copper & Gold Company and I.Me.Mine Digital.

Current civic activities include Trustee of Salpointe Catholic High School, Director of the University of Arizona’s Tech Launch Arizona, Executive Board Member of Sun Corridor, Inc., Board Member of Start Up Tucson, Trustee of the Arizona Sonora Desert Museum, Board Member of the Tucson Medical Center Foundation, Finance and Investment Committees of Tucson Medical Center and a Member of the Eller College National Board of Advisors. David is also a member of the Tucson Airport Authority, and the Tucson Conquistadores.

Technical Advisors

Dr. Peter Megaw C.P.G

Technical Advisor

Dr. Megaw has a Ph.D. in geology from the University of Arizona and more than 30 years of relevant experience focused on silver and gold exploration in Mexico. He is a certified Professional Geologist by the American Institute of Professional Geologists and an Arizona Registered Geologist. Dr. Megaw has been instrumental in a number of mineral discoveries in Mexico including new ore bodies at existing mines, Excellon Resources’ Platosa Mine, and MAG Silver’s Juanicipio and Cinco de Mayo properties; discoveries for which he was given PDAC’s 2016 Thayer Lindsley Award. Peter is the author of numerous scientific publications on ore deposits and is a frequent speaker at academic and international exploration and mineralogical conferences.

Darwin Green B.Sc., M.Sc., P.Geo.

Technical Advisor

Founder of HighGold Mining, Darwin Green has over 20 years of experience in the mineral deposit industry in USA, Canada and Latin America, with vast knowledge and a successful history in Alaska. He has a proven record of identifying opportunities, making discoveries and executing complex advanced exploration. His corporate credentials include involvement in multiple public financings and corporate transactions, negotiating option and joint venture agreements, and developing business opportunities.

Most recently, Mr. Green served as Vice President, Exploration for Constantine Metal Resources advancing the Alaska Palmer zinc/copper deposit to the Preliminary Economic Assessment stage. Prior to that, Mr. Green oversaw resource expansion and underground development programs at the Niblack deposit on Prince of Wales Island, for which he received the Commissioner’s Award for Project Excellence by the State of Alaska. Mr. Green drives the strategy, oversees the exploration processes and leads the business development and corporation marketing for HighGold. Mr. Green holds both a B.Sc. and an M.Sc. in economic geology.

Key Personel

Sage Langston-Stewart

Principal Geologist

Principal Geologist, Sage-Langston Stewart, has a M.Sc. in Geology and a B.Sc. in Geology and Geological Engineering from Colorado School of Mines. Sage completed her master’s thesis at the Caribou-Cross Mine in Nederland, Colorado. Sage has been working with WAM since 2019 and was the driving force behind the 2024 discovery of mineralization at the Warm Springs prospect. Sage started on the project as a soil sampler and core logger. With the geologic team at WAM, Sage led the drill hole targeting for the 2022 and 2023 drilling season and now she continues to work on geologic interpretation, modeling, drill targeting, training and management of the core processing team, and continues to expand the geologic understanding at Waterpump Creek.

Brock Bolin

Geophysical Consultant

Mr. Bolin has a M.Sc. in Geophysical Engineering from Montana Tech School of Mines and a B.A. in Geology from the University of Montana. He has more than 25 years of experience in mineral exploration geophysics covering data acquisition, survey design, data processing, inversion modeling, integrated geology interpretation, and drill targeting. Until recently, Brock worked as Chief Geophysicist for Newmont Mining Corporation exploring for gold deposits in epithermal, porphyry, orogenic, VMS, IOCG, and sediment rock-hosted environments throughout many prolific mining districts around the world. At Newmont, he led R&D programs for innovative geophysical technologies and managed a diverse team of regional geophysicists in support of both brownfields and greenfields exploration. Mr. Bolin brings a wealth of specialized exploration solutions to Alaska Silver in the company’s pursuit of continued discovery success.

Contact

3573 East Sunrise Drive, Suite 233
Tucson, AZ 85718 USA
Phone number: (520) 200-1667
info@alaskasilver.com