In this episode of the Prospector Podcast, Michael Fox speaks with Kit Marrs, the President and CEO of Western Alaska Minerals (TSX-V: WA). Kit discussed the company’s operations in Western Alaska, particularly in the Illinois Creek district, where they made a high-grade water pump fruit deposit in 2021. The company is focused on exploration and has plans to expand drilling in 2025, with a focus on the Warm Springs target and the Water Pump Creek resource. Kit also mentioned that the company has a strong treasury, with about 2.7 million Canadian in the bank. He encouraged listeners to follow the company’s story through their website and by contacting Vanessa Bogart, the corporate communications director.

About WAM Our mission is to advance a mineable and scalable CRD, ultimately reshaping the mineral landscape of western Alaska and establishing a new CRD district.

WAM’s CRD system encompasses a 373K oz AuEq NI 43-101-compliant indicated and 152K oz AuEq Inferred resource*** at the past producing Illinois Creek gold-silver mine***, and the Waterpump Creek high-grade silver-lead-zinc deposit with an inferred resource estimate of 74.9Moz at 980 g/t AgEq*, open to the north. Within the same CRD system sits the Honker gold vein prospect. Twenty-five kilometers northeast of the Illinois Creek CRD lies the Round Top copper and the TG North CRD prospects. All prospects were originally discovered by Anaconda Minerals Co. in the early 1980’s***. WAM’s 100% owned claims and uplands mining lease cover 73,120 acres (114.25 square miles or 29,591 hectares), approximately 45 km east of an ocean barge-compatible section of the Yukon River. Since 2010, WAM, along with its precursor company, Western Alaska Copper & Gold, reassembled the Anaconda land package and has been engaged in exploring the district.

Headquartered in both Alaska and Arizona, WAM brings together a team of seasoned professionals with a shared vision of pioneering new frontiers in mineral exploration. Our strategic approach is underpinned by cutting-edge technology, innovative techniques, and a deep understanding of the geological intricacies of the region.

As of May 2024, the Company has 41,939,920 subordinate voting shares issued and outstanding and 224,801 proportional shares issued and outstanding. Each proportional share is convertible to 100 common shares at the request of the shareholder and in the discretion of the Company. Because of these conversion rights, for market capitalization and financial analysis purposes, the Company believes it is appropriate to convert the proportional shares to common shares and add the product of the conversion to the current number of common shares outstanding. When doing so, the sum of subordinate voting shares (41,939,920) and converted proportional shares (22,480,100) equals 64,420,020 shares. Further information regarding the Company’s share structure is available upon request.

***Information on our historical gold and Waterpump Creek resources, as well as historical work performed by Anaconda Minerals Co. and NovaGold (2005/2006) can be found in our NI 43-101 report, dated April 2, 2024, authored by Bruce Davis, PhD, FAusIMM, titled “Western Alaska Minerals Corp. ILLINOIS CREEK PROJECT UPDATE Illinois Creek Mining District, Western Alaska, USA” on our website:

 https://www.westernalaskaminerals.com…

Western Alaska Minerals

 https://www.westernalaskaminerals.com/