A new look at the old Illinois Creek mine
Original announcement by miningnewsnorth on
- Company
- Alaska Silver Corp.
- Ticker
- Unavailable
- Exchange
- Unavailable
- Region
- Alaska
- Primary commodity
- Silver
- Secondary commodities
- Gold, Zinc, Lead, Copper
- Document categories
- Other, Resource update, Drill results
- Extracted
- 2026-10-08 20:19:48 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Alaska Silver Corp. completed a 9,496-meter exploration program in 2026, expanding its drilling at the Silver Sage and Waterpump Creek deposits. The company also collected a one-ton bulk sample from the historical Illinois Creek mine for metallurgical testing to evaluate new mining potential.
Reasoning: The document is a news summary covering multiple aspects: a completed exploration program, an updated resource estimate, and metallurgical sampling. While it contains drill results and resource data, the primary purpose is a journalistic overview of the company's recent activities.
Positive factors
- Expansion of 2026 drill program following successful financing
- High-grade silver intercepts at Silver Sage discovery
- Significant inferred resource at Waterpump Creek
Negative factors
- Assays for the 2026 drilling and bulk sample are still pending
- Historical Illinois Creek economics were constrained by low gold prices
Facts used in scoring: 22
Classification and evidence
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Waterpump Creek resource is entirely Inferred.
Evidence · text
“2.39 million metric tons of inferred resource”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The document mentions sending samples to a specific lab (Kappes, Cassiday & Associates) for testing.
Evidence · text
“The company sent the bulk sample to Kappes, Cassiday & Associates' lab in Nevada”
Extracted facts
Stored fact records: 22. Some facts used in scoring do not have a stored record.
Drill Results (15)
SS25-0001Silver Sage · silverGrade: 61.86Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- SS25-0001
- Project
- Silver Sage
- Commodity
- silver
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 61.86
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 27 m
- To
- 30 m
- Intercept Depth
- 27 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0001:27-30
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: 61.86 g/t silver is a strong intercept for this deposit type.
Positive factors
- High-grade silver intercept
Evidence · text
“Three meters averaging 61.86 g/t silver, 0.15% zinc, 0.51% lead, 0.15% copper, and 0.43 g/t gold from a depth of 27 meters in hole SS25-0001”
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
SS25-0001Silver Sage · zincGrade: 0.15Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- SS25-0001
- Project
- Silver Sage
- Commodity
- zinc
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 0.15
- Grade Unit
- %
- Intercept
- 3 m
- From
- 27 m
- To
- 30 m
- Intercept Depth
- 27 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0001:27-30
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Trace zinc reported in a silver-focused intercept.
Evidence · text
“Three meters averaging 61.86 g/t silver, 0.15% zinc, 0.51% lead, 0.15% copper, and 0.43 g/t gold from a depth of 27 meters in hole SS25-0001”
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
SS25-0001Silver Sage · leadGrade: 0.51Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- SS25-0001
- Project
- Silver Sage
- Commodity
- lead
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 0.51
- Grade Unit
- %
- Intercept
- 3 m
- From
- 27 m
- To
- 30 m
- Intercept Depth
- 27 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0001:27-30
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Trace lead reported in a silver-focused intercept.
Evidence · text
“Three meters averaging 61.86 g/t silver, 0.15% zinc, 0.51% lead, 0.15% copper, and 0.43 g/t gold from a depth of 27 meters in hole SS25-0001”
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
SS25-0001Silver Sage · copperGrade: 0.15Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- SS25-0001
- Project
- Silver Sage
- Commodity
- copper
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 0.15
- Grade Unit
- %
- Intercept
- 3 m
- From
- 27 m
- To
- 30 m
- Intercept Depth
- 27 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0001:27-30
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Trace copper reported in a silver-focused intercept.
Evidence · text
“Three meters averaging 61.86 g/t silver, 0.15% zinc, 0.51% lead, 0.15% copper, and 0.43 g/t gold from a depth of 27 meters in hole SS25-0001”
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
SS25-0001Silver Sage · goldGrade: 0.43Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- SS25-0001
- Project
- Silver Sage
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 0.43
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 27 m
- To
- 30 m
- Intercept Depth
- 27 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0001:27-30
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Trace gold reported in a silver-focused intercept.
Evidence · text
“Three meters averaging 61.86 g/t silver, 0.15% zinc, 0.51% lead, 0.15% copper, and 0.43 g/t gold from a depth of 27 meters in hole SS25-0001”
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
SS25-0003Silver Sage · silverGrade: 55.74Grade Unit: g/tIntercept: 6.7 mView all detailsHide details
Identity
- Hole ID
- SS25-0003
- Project
- Silver Sage
- Commodity
- silver
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 55.74
- Grade Unit
- g/t
- Intercept
- 6.7 m
- From
- 25.2 m
- To
- 31.9 m
- Intercept Depth
- 25.2 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0003:25.2-31.9
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: 55.74 g/t silver is a solid intercept.
Positive factors
- Strong silver grade
Evidence · text
“6.7 meters averaging 55.74 g/t silver, 1.18% zinc, 0.04% lead, 0.01% copper, and 0.15 g/t gold from a depth of 25.2 meters in hole SS25-0003”
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
SS25-0003Silver Sage · zincGrade: 1.18Grade Unit: %Intercept: 6.7 mView all detailsHide details
Identity
- Hole ID
- SS25-0003
- Project
- Silver Sage
- Commodity
- zinc
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 1.18
- Grade Unit
- %
- Intercept
- 6.7 m
- From
- 25.2 m
- To
- 31.9 m
- Intercept Depth
- 25.2 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0003:25.2-31.9
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: 1.18% zinc is a strong intercept for this deposit type.
Positive factors
- Strong zinc grade
Evidence · text
“6.7 meters averaging 55.74 g/t silver, 1.18% zinc, 0.04% lead, 0.01% copper, and 0.15 g/t gold from a depth of 25.2 meters in hole SS25-0003”
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
SS25-0003Silver Sage · leadGrade: 0.04Grade Unit: %Intercept: 6.7 mView all detailsHide details
Identity
- Hole ID
- SS25-0003
- Project
- Silver Sage
- Commodity
- lead
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 0.04
- Grade Unit
- %
- Intercept
- 6.7 m
- From
- 25.2 m
- To
- 31.9 m
- Intercept Depth
- 25.2 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0003:25.2-31.9
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Trace lead reported.
Evidence · text
“6.7 meters averaging 55.74 g/t silver, 1.18% zinc, 0.04% lead, 0.01% copper, and 0.15 g/t gold from a depth of 25.2 meters in hole SS25-0003”
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
SS25-0003Silver Sage · copperGrade: 0.01Grade Unit: %Intercept: 6.7 mView all detailsHide details
Identity
- Hole ID
- SS25-0003
- Project
- Silver Sage
- Commodity
- copper
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 0.01
- Grade Unit
- %
- Intercept
- 6.7 m
- From
- 25.2 m
- To
- 31.9 m
- Intercept Depth
- 25.2 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0003:25.2-31.9
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Trace copper reported.
Evidence · text
“6.7 meters averaging 55.74 g/t silver, 1.18% zinc, 0.04% lead, 0.01% copper, and 0.15 g/t gold from a depth of 25.2 meters in hole SS25-0003”
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
SS25-0003Silver Sage · goldGrade: 0.15Grade Unit: g/tIntercept: 6.7 mView all detailsHide details
Identity
- Hole ID
- SS25-0003
- Project
- Silver Sage
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 0.15
- Grade Unit
- g/t
- Intercept
- 6.7 m
- From
- 25.2 m
- To
- 31.9 m
- Intercept Depth
- 25.2 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0003:25.2-31.9
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Trace gold reported.
Evidence · text
“6.7 meters averaging 55.74 g/t silver, 1.18% zinc, 0.04% lead, 0.01% copper, and 0.15 g/t gold from a depth of 25.2 meters in hole SS25-0003”
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
SS25-0004Silver Sage · silverGrade: 148Grade Unit: g/tIntercept: 4.4 mView all detailsHide details
Identity
- Hole ID
- SS25-0004
- Project
- Silver Sage
- Commodity
- silver
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 148
- Grade Unit
- g/t
- Intercept
- 4.4 m
- From
- 14.8 m
- To
- 19.2 m
- Intercept Depth
- 14.8 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0004:14.8-19.2
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: 148 g/t silver is a strong intercept.
Positive factors
- High-grade silver intercept
Evidence · text
“4.4 meters averaging 148 g/t silver, 0.24% zinc, 0.68% lead, 0.06% copper, and 0.17 g/t gold from a depth of 14.8 meters in hole SS25-0004”
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
SS25-0004Silver Sage · zincGrade: 0.24Grade Unit: %Intercept: 4.4 mView all detailsHide details
Identity
- Hole ID
- SS25-0004
- Project
- Silver Sage
- Commodity
- zinc
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 0.24
- Grade Unit
- %
- Intercept
- 4.4 m
- From
- 14.8 m
- To
- 19.2 m
- Intercept Depth
- 14.8 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0004:14.8-19.2
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Trace zinc reported.
Evidence · text
“4.4 meters averaging 148 g/t silver, 0.24% zinc, 0.68% lead, 0.06% copper, and 0.17 g/t gold from a depth of 14.8 meters in hole SS25-0004”
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
SS25-0004Silver Sage · leadGrade: 0.68Grade Unit: %Intercept: 4.4 mView all detailsHide details
Identity
- Hole ID
- SS25-0004
- Project
- Silver Sage
- Commodity
- lead
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 0.68
- Grade Unit
- %
- Intercept
- 4.4 m
- From
- 14.8 m
- To
- 19.2 m
- Intercept Depth
- 14.8 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0004:14.8-19.2
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Moderate lead grade reported.
Evidence · text
“4.4 meters averaging 148 g/t silver, 0.24% zinc, 0.68% lead, 0.06% copper, and 0.17 g/t gold from a depth of 14.8 meters in hole SS25-0004”
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
SS25-0004Silver Sage · copperGrade: 0.06Grade Unit: %Intercept: 4.4 mView all detailsHide details
Identity
- Hole ID
- SS25-0004
- Project
- Silver Sage
- Commodity
- copper
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 0.06
- Grade Unit
- %
- Intercept
- 4.4 m
- From
- 14.8 m
- To
- 19.2 m
- Intercept Depth
- 14.8 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0004:14.8-19.2
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Trace copper reported.
Evidence · text
“4.4 meters averaging 148 g/t silver, 0.24% zinc, 0.68% lead, 0.06% copper, and 0.17 g/t gold from a depth of 14.8 meters in hole SS25-0004”
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
SS25-0004Silver Sage · goldGrade: 0.17Grade Unit: g/tIntercept: 4.4 mView all detailsHide details
Identity
- Hole ID
- SS25-0004
- Project
- Silver Sage
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- usa_ak
Geometry
- Grade
- 0.17
- Grade Unit
- g/t
- Intercept
- 4.4 m
- From
- 14.8 m
- To
- 19.2 m
- Intercept Depth
- 14.8 m
Classification
- Sample Type
- drill
- Group ID
- SS25-0004:14.8-19.2
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Trace gold reported.
Evidence · text
“4.4 meters averaging 148 g/t silver, 0.24% zinc, 0.68% lead, 0.06% copper, and 0.17 g/t gold from a depth of 14.8 meters in hole SS25-0004”
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
Resource Estimates (7)
indicatedIllinois Creek · goldTonnes: 9000000Grade: 0.92Grade Unit: g/tContained Metal: 260000Contained Unit: ozView all detailsHide details
Identity
- Project
- Illinois Creek
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:204cf52a96056c877352
Resource Data
- Category
- indicated
- Tonnes
- 9000000
- Grade
- 0.92
- Grade Unit
- g/t
- Contained Metal
- 260000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Indicated resource at Illinois Creek.
Positive factors
- Indicated resource status
Evidence · text
“the deposit hosts 260,000 oz of gold and 8.3 million oz of silver in 9 million metric tons of indicated resource averaging 0.92 grams per metric ton gold and 29.7 g/t silver”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
indicatedIllinois Creek · silverTonnes: 9000000Grade: 29.7Grade Unit: g/tContained Metal: 8300000Contained Unit: ozView all detailsHide details
Identity
- Project
- Illinois Creek
- Commodity
- silver
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:204cf52a96056c877352
Resource Data
- Category
- indicated
- Tonnes
- 9000000
- Grade
- 29.7
- Grade Unit
- g/t
- Contained Metal
- 8300000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Indicated resource at Illinois Creek.
Positive factors
- Indicated resource status
Evidence · text
“the deposit hosts 260,000 oz of gold and 8.3 million oz of silver in 9 million metric tons of indicated resource averaging 0.92 grams per metric ton gold and 29.7 g/t silver”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredIllinois Creek · goldTonnes: 10900000Grade: 0.84Grade Unit: g/tContained Metal: 290000Contained Unit: ozView all detailsHide details
Identity
- Project
- Illinois Creek
- Commodity
- gold
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:e7e2db9d3d0ace9c85f6
Resource Data
- Category
- inferred
- Tonnes
- 10900000
- Grade
- 0.84
- Grade Unit
- g/t
- Contained Metal
- 290000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Inferred resource at Illinois Creek.
Negative factors
- Inferred category limits confidence
Evidence · text
“plus 290,000 oz of gold and 10.4 million oz of silver in 10.9 million metric tons of inferred resource averaging 0.84 g/t gold and 30.1 g/t silver”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredIllinois Creek · silverTonnes: 10900000Grade: 30.1Grade Unit: g/tContained Metal: 10400000Contained Unit: ozView all detailsHide details
Identity
- Project
- Illinois Creek
- Commodity
- silver
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:e7e2db9d3d0ace9c85f6
Resource Data
- Category
- inferred
- Tonnes
- 10900000
- Grade
- 30.1
- Grade Unit
- g/t
- Contained Metal
- 10400000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Inferred resource at Illinois Creek.
Negative factors
- Inferred category limits confidence
Evidence · text
“plus 290,000 oz of gold and 10.4 million oz of silver in 10.9 million metric tons of inferred resource averaging 0.84 g/t gold and 30.1 g/t silver”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredWaterpump Creek · silverTonnes: 2390000Grade: 279Grade Unit: g/tContained Metal: 21400000Contained Unit: ozView all detailsHide details
Identity
- Project
- Waterpump Creek
- Commodity
- silver
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:722b1ef8b5089ff831d2
Resource Data
- Category
- inferred
- Tonnes
- 2390000
- Grade
- 279
- Grade Unit
- g/t
- Contained Metal
- 21400000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Inferred resource at Waterpump Creek.
Positive factors
- Significant silver resource
Negative factors
- Inferred category
Evidence · text
“The Waterpump Creek deposit hosts 21.4 million oz of silver, 591 million pounds of zinc, and 518 million lb of lead in 2.39 million metric tons of inferred resource averaging 279 g/t silver, 11.25% zinc, and 9.84% lead”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredWaterpump Creek · zincTonnes: 2390000Grade: 11.25Grade Unit: %Contained Metal: 591000000Contained Unit: lbView all detailsHide details
Identity
- Project
- Waterpump Creek
- Commodity
- zinc
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:722b1ef8b5089ff831d2
Resource Data
- Category
- inferred
- Tonnes
- 2390000
- Grade
- 11.25
- Grade Unit
- %
- Contained Metal
- 591000000
- Contained Unit
- lb
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Inferred resource at Waterpump Creek.
Positive factors
- Significant zinc resource
Negative factors
- Inferred category
Evidence · text
“The Waterpump Creek deposit hosts 21.4 million oz of silver, 591 million pounds of zinc, and 518 million lb of lead in 2.39 million metric tons of inferred resource averaging 279 g/t silver, 11.25% zinc, and 9.84% lead”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
inferredWaterpump Creek · leadTonnes: 2390000Grade: 9.84Grade Unit: %Contained Metal: 518000000Contained Unit: lbView all detailsHide details
Identity
- Project
- Waterpump Creek
- Commodity
- lead
- Region
- usa_ak
- Reported Region
- Alaska
Resource scope
- Estimate type
- resource
- Resource group id
- resource:722b1ef8b5089ff831d2
Resource Data
- Category
- inferred
- Tonnes
- 2390000
- Grade
- 9.84
- Grade Unit
- %
- Contained Metal
- 518000000
- Contained Unit
- lb
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-08T00:00:00.000Z
Reasoning: Inferred resource at Waterpump Creek.
Positive factors
- Significant lead resource
Negative factors
- Inferred category
Evidence · text
“The Waterpump Creek deposit hosts 21.4 million oz of silver, 591 million pounds of zinc, and 518 million lb of lead in 2.39 million metric tons of inferred resource averaging 279 g/t silver, 11.25% zinc, and 9.84% lead”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
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.