Western Alaska Minerals Corp Announces Annual Financial Filings and Provides Corporate Update

Western Alaska Minerals Corp (WAM), headquartered in Tucson, Arizona, disclosed its annual audited financial statements, management's discussion and analysis (MD&A), and Annual Information Form (AIF) for the year concluded on December 31, 2023. Available on both the company's official site and its SEDAR+ profile, these documents highlight a year of notable accomplishments.

Among the key achievements of 2023, WAM extended the high-grade silver-zinc-lead discovery at the Waterpump Creek (WPC) zone of the CRD system to a 450m strike length and identified an initial resource of 75Moz @ 980 G/T AgEq at WPC. The company also completed an ultra-high-resolution 3D IP geophysical survey, pinpointing promising drill targets for the potential expansion of its inventory of high-grade ounces. Additionally, WAM successfully raised C$8.69M through two financings.

In a significant corporate development, the company announced the upcoming resignation of its CFO, Mr. Alex Tong, effective June 30, 2024. Tong, who joined WAM in 2021, was pivotal in the company's Reverse Take Over (RTO) process for listing on the TSX-V and played a crucial role in achieving C$30.69M through five financings since November 2021. CEO Kit Marrs commended Tong for his instrumental contributions during his tenure.