Alaska Silver Cuts High-Grade Silver and Zinc at Waterpump Creek and Silver Sage

Original announcement by tmx on

Company
Alaska Silver Corp.
Ticker
WAM
Exchange
TSX
Region
Alaska
Primary commodity
Silver
Secondary commodities
Zinc, Lead, Copper, Gold
Document categories
Drill results, Other
Extracted
2026-09-15 07:05:14 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Alaska Silver Corp. reported high-grade silver and zinc drill results from its Illinois Creek project in Alaska, including significant intercepts at Waterpump Creek. The company also announced the discovery of the Silver Sage zone, a new high-grade silver-lead target identified through trenching and shallow drilling.

Reasoning: The release reports significant high-grade silver-zinc intercepts at an existing project and the discovery of a new high-grade silver-lead zone (Silver Sage), supported by robust QA/QC disclosure.

Positive factors

  • High-grade silver and zinc intercepts at Waterpump Creek
  • Discovery of new high-grade Silver Sage zone
  • QA/QC protocols and certified lab (ALS) disclosed
  • Step-out drilling potential identified

Negative factors

  • Drilling at Silver Sage was shallow and difficult due to weathering/sanding
  • Some holes deviated from targets

Facts used in scoring: 10

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions ALS Minerals laboratory and use of certified reference samples, duplicates, and blanks.

Evidence · text

“Control samples consisting of certified reference samples, duplicates, and blank samples were systematically inserted”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling at Waterpump Creek was designed to seek extensions of the known high-grade resource.

Evidence · text

“to seek extensions of the known high-grade resource”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The 1m interval at 349 g/t Ag in SS25-04 is exceptionally high grade.

Evidence · text

“1 m grading 349g/t (10.8 oz/T) Ag”

Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

Drill Results (10)

WPC-35Illinois Creek · silverGrade: 38Grade Unit: g/tIntercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
WPC-35
Project
Illinois Creek
Commodity
silver
Region
usa_ak
Reported Region
usa_ak
Ticker
WAM

Geometry

Grade
38
Grade Unit
g/t
Intercept
5.9 m

Classification

Sample Type
drill
Group ID
WPC-35:0-5.9

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-20T00:00:00.000Z

Reasoning: 38 g/t Ag over 5.9m is a solid intercept for this CRD setting.

Positive factors

  • High-grade silver intercept

Evidence · text

“WPC-35: 5.9m grading 38 g/t (1.2 oz/T) Silver ("Ag")”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WPC-35Illinois Creek · zincGrade: 12.1Grade Unit: %Intercept: 5.9 mView all details
Link to this fact

Identity

Hole ID
WPC-35
Project
Illinois Creek
Commodity
zinc
Region
usa_ak
Reported Region
usa_ak
Ticker
WAM

Geometry

Grade
12.1
Grade Unit
%
Intercept
5.9 m

Classification

Sample Type
drill
Group ID
WPC-35:0-5.9

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-20T00:00:00.000Z

Reasoning: 12.1% Zn is a strong intercept.

Positive factors

  • High-grade zinc intercept

Evidence · text

“12.1% Zinc ("Zn")”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WPC-35Illinois Creek · silverGrade: 67Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
WPC-35
Project
Illinois Creek
Commodity
silver
Region
usa_ak
Reported Region
usa_ak
Ticker
WAM

Geometry

Grade
67
Grade Unit
g/t
Intercept
3.2 m

Classification

Sample Type
drill
Group ID
WPC-35:0-5.9

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-20T00:00:00.000Z

Reasoning: High-grade silver sub-interval within the main intercept.

Positive factors

  • High-grade sub-interval

Evidence · text

“Including 3.2m grading 67 g/t (2.1 oz/T) Ag”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WPC-35Illinois Creek · zincGrade: 16.9Grade Unit: %Intercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
WPC-35
Project
Illinois Creek
Commodity
zinc
Region
usa_ak
Reported Region
usa_ak
Ticker
WAM

Geometry

Grade
16.9
Grade Unit
%
Intercept
3.2 m

Classification

Sample Type
drill
Group ID
WPC-35:0-5.9

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-20T00:00:00.000Z

Reasoning: High-grade zinc sub-interval within the main intercept.

Positive factors

  • High-grade sub-interval

Evidence · text

“16.9% Zn”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

SS25-04Silver Sage · silverGrade: 148Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
SS25-04
Project
Silver Sage
Commodity
silver
Region
usa_ak
Reported Region
usa_ak
Ticker
WAM

Geometry

Grade
148
Grade Unit
g/t
Intercept
4.4 m

Classification

Sample Type
drill
Group ID
SS25-04:0-4.4

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-20T00:00:00.000Z

Reasoning: Strong silver grade in a new discovery zone.

Positive factors

  • High-grade silver intercept

Evidence · text

“SS25-04: 4.4m grading 148 g/t (4.6 oz/T) Ag”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

SS25-04Silver Sage · leadGrade: 0.68Grade Unit: %Intercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
SS25-04
Project
Silver Sage
Commodity
lead
Region
usa_ak
Reported Region
usa_ak
Ticker
WAM

Geometry

Grade
0.68
Grade Unit
%
Intercept
4.4 m

Classification

Sample Type
drill
Group ID
SS25-04:0-4.4

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-20T00:00:00.000Z

Reasoning: Trace lead reported.

Evidence · text

“0.68% lead ("Pb")”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

SS25-04Silver Sage · zincGrade: 0.24Grade Unit: %Intercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
SS25-04
Project
Silver Sage
Commodity
zinc
Region
usa_ak
Reported Region
usa_ak
Ticker
WAM

Geometry

Grade
0.24
Grade Unit
%
Intercept
4.4 m

Classification

Sample Type
drill
Group ID
SS25-04:0-4.4

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-20T00:00:00.000Z

Reasoning: Trace zinc reported.

Evidence · text

“0.24% Zn”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

SS25-04Silver Sage · silverGrade: 349Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
SS25-04
Project
Silver Sage
Commodity
silver
Region
usa_ak
Reported Region
usa_ak
Ticker
WAM

Geometry

Grade
349
Grade Unit
g/t
Intercept
1 m

Classification

Sample Type
drill
Group ID
SS25-04:0-4.4

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-20T00:00:00.000Z

Reasoning: 349 g/t Ag is a very high-grade sub-interval.

Positive factors

  • Bonanza Intercept

Evidence · text

“including 1 m grading 349g/t (10.8 oz/T) Ag”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

SS25-04Silver Sage · leadGrade: 2.2Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SS25-04
Project
Silver Sage
Commodity
lead
Region
usa_ak
Reported Region
usa_ak
Ticker
WAM

Geometry

Grade
2.2
Grade Unit
%
Intercept
1 m

Classification

Sample Type
drill
Group ID
SS25-04:0-4.4

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-20T00:00:00.000Z

Reasoning: High-grade lead sub-interval.

Evidence · text

“2.2% Pb”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

SS25-04Silver Sage · zincGrade: 0.2Grade Unit: %Intercept: 1 mView all details
Link to this fact

Identity

Hole ID
SS25-04
Project
Silver Sage
Commodity
zinc
Region
usa_ak
Reported Region
usa_ak
Ticker
WAM

Geometry

Grade
0.2
Grade Unit
%
Intercept
1 m

Classification

Sample Type
drill
Group ID
SS25-04:0-4.4

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-20T00:00:00.000Z

Reasoning: Trace zinc reported in sub-interval.

Evidence · text

“0.20% Zn”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.