Winter 2025

Dear Shareholders, 
As we enter 2025, Western Alaska Minerals is strategically positioned to capitalize on the surging global demand for silver. Our Waterpump Creek deposit presents an exceptional 75 million ounce high-grade silver asset nestled in the stable, mining-friendly jurisdiction of Alaska state lands – a critical advantage in an increasingly complex geopolitical landscape where resource security and political stability are paramount to investor confidence. Our continued exploration in 2025 of the Waterpump Creek South target builds upon our initial world-class discovery, targeting expansion of what we believe could become one of North America’s most significant silver resources. All this is complemented by our past-producing Illinois Creek gold-silver deposit which lies on the west end of our strategic 8-kilometer mineral corridor.

We remain committed to transparency and will provide shareholders with timely updates as we advance our exploration program.

Kit Marrs, CEO 

AME Round Up, Vancouver, British Columbia
The team traveled to Vancouver for the AMEBC (Association of Mineral Exploration British Columbia) Round Up conference where we held strategic meetings and were provided valuable networking opportunities with thousands of geoscientists, prospectors, financiers, investors, suppliers, governments and Indigenous partners from around the world.
Going For More High-Grade Silver
Our 2025 exploration plan focuses on drill-testing the emerging Waterpump Creek South target, with additional follow-up planned at our latest discovery, the mineralized Warm Springs target, funding-dependent.
The figure below shows a cross section of the 75Moz @ 980g/t AgEq inferred resource (red/orange) and the WPC South target (pink) on the other side of the post-mineral fault. Visit our website for more information.

Upcoming  Conferences

Keeping the investment community engaged is key to maintaining momentum and relevance in a competitive market. Here are our upcoming conferences:

1. Feb 28-Mar 1, MIF – The Metals Investor Forum, Toronto, Ontario
2. March 2-5, PDAC – The World’s Largest Mining Conference, Toronto, Ontario
3. March 16-18, 37th Annual Roth Conference – Dana Point, CA
3. March 18-19, SMI – The Bally Family & The Swiss Mining Institute host the premier European investment conference, Zurich, Switzerland

Interviews

CEO, Kit Marrs caught up with Trevor Hall on site at the AME Round Up where Kit addressed the company’s drilling strategy for the Illinois Creek project this year, the importance of clear market messaging regarding silver and gold resources, and the evolving political landscape in the U.S. that may impact resource development. Kit says the company will focus on the high-grade tenor of Waterpump Creek in 2025 and look for resource expansion opportunities to direct drilling.

WAM Short Video

Click image to play video.
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