Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Western Alaska Update on its Initial Resource at Waterpump Creek

Western Alaska Update on its Initial Resource at Waterpump Creek

FromMining Stock Daily


Western Alaska Update on its Initial Resource at Waterpump Creek

FromMining Stock Daily

ratings:
Length:
14 minutes
Released:
Mar 12, 2024
Format:
Podcast episode

Description

Western Alaska Minerals CEO Kit Marrs discusses the company's initial inferred resource for Waterpump Creek in the Illinois Creek Project in Alaska. The resource contains 75 million ounces of silver equivalent, with a high-grade of 977 grams per ton silver equivalent. The resource is relatively insensitive to cutoff grade, indicating a large margin for potential mining. Marrs also discusses the next round of growth, focusing on the LH South area and the Warm Springs target. The market reaction to the resource has been positive, with increased trading volume and a bounce in the company's share price. Marrs plans to start drilling in June and will announce the company's exploration plans for 2024.
Released:
Mar 12, 2024
Format:
Podcast episode

Titles in the series (100)

Mining Stock Daily is a brief overview of finance and resource exploration news from the world's mining and metals sector. Mining Stock Daily is a quick overview of the day's most important sector information for both precious and base metals, including market trends and analysis.