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, Drill results, Resource update
Extracted
2026-10-16 13:52:38 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Alaska Silver Corp. completed a 9,496-meter exploration program at its Waterpump Creek and Silver Sage projects in Alaska. The company also reported an updated resource estimate for the Illinois Creek project and collected a bulk sample for metallurgical testing.

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 by 50%
  • High-grade silver intercepts at Silver Sage
  • Significant silver-zinc-lead resource at Waterpump Creek

Negative factors

  • Assays for the 2026 program are still pending
  • Historical Illinois Creek economics were difficult due to 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 100% 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 a bulk sample 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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: 61.86 g/t silver is a strong intercept for a silver-zinc-lead deposit.

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: Trace zinc grade reported in a silver-focused intercept.

Evidence · text

“0.15% zinc”

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: Trace lead grade reported in a silver-focused intercept.

Evidence · text

“0.51% lead”

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: Trace copper grade reported in a silver-focused intercept.

Evidence · text

“0.15% copper”

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: Trace gold grade reported in a silver-focused intercept.

Evidence · text

“0.43 g/t gold”

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: 55.74 g/t silver is a solid intercept for this deposit type.

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: 1.18% zinc is a strong grade for this deposit type.

Positive factors

  • Strong zinc grade

Evidence · text

“1.18% zinc”

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: Trace lead grade reported.

Evidence · text

“0.04% lead”

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: Trace copper grade reported.

Evidence · text

“0.01% copper”

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: Trace gold grade reported.

Evidence · text

“0.15 g/t gold”

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: Trace zinc grade reported.

Evidence · text

“0.24% zinc”

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: Trace lead grade reported.

Evidence · text

“0.68% lead”

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: Trace copper grade reported.

Evidence · text

“0.06% copper”

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 details
Link to this fact

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
2026-10-15T00:00:00.000Z

Reasoning: Trace gold grade reported.

Evidence · text

“0.17 g/t gold”

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 details
Link to this fact

Identity

Project
Illinois Creek
Commodity
gold
Region
usa_ak
Reported Region
Alaska

Resource scope

Estimate type
resource
Resource group id
resource:d525c3fda9ba5268c7b2
Deposit or zone
Illinois Creek
Material type
oxide
Resource basis
gross

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
2026-10-15T00:00:00.000Z

Reasoning: Indicated resource at Illinois Creek.

Positive factors

  • Indicated resource status

Evidence · text

“260,000 oz of gold ... in 9 million metric tons of indicated resource averaging 0.92 grams per metric ton gold”

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 details
Link to this fact

Identity

Project
Illinois Creek
Commodity
silver
Region
usa_ak
Reported Region
Alaska

Resource scope

Estimate type
resource
Resource group id
resource:d525c3fda9ba5268c7b2
Deposit or zone
Illinois Creek
Material type
oxide
Resource basis
gross

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
2026-10-15T00:00:00.000Z

Reasoning: Indicated resource at Illinois Creek.

Positive factors

  • Indicated resource status

Evidence · text

“8.3 million oz of silver ... in 9 million metric tons of indicated resource averaging ... 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 details
Link to this fact

Identity

Project
Illinois Creek
Commodity
gold
Region
usa_ak
Reported Region
Alaska

Resource scope

Estimate type
resource
Resource group id
resource:3aca272443ac14db3824
Deposit or zone
Illinois Creek
Material type
oxide
Resource basis
gross

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
2026-10-15T00:00:00.000Z

Reasoning: Inferred resource at Illinois Creek.

Negative factors

  • Inferred category

Evidence · text

“290,000 oz of gold ... in 10.9 million metric tons of inferred resource averaging 0.84 g/t gold”

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 details
Link to this fact

Identity

Project
Illinois Creek
Commodity
silver
Region
usa_ak
Reported Region
Alaska

Resource scope

Estimate type
resource
Resource group id
resource:3aca272443ac14db3824
Deposit or zone
Illinois Creek
Material type
oxide
Resource basis
gross

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
2026-10-15T00:00:00.000Z

Reasoning: Inferred resource at Illinois Creek.

Negative factors

  • Inferred category

Evidence · text

“10.4 million oz of silver in 10.9 million metric tons of inferred resource averaging ... 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 details
Link to this fact

Identity

Project
Waterpump Creek
Commodity
silver
Region
usa_ak
Reported Region
Alaska

Resource scope

Estimate type
resource
Resource group id
resource:fe4237b3352ca852522a
Deposit or zone
Waterpump Creek
Resource basis
gross

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
2026-10-15T00:00:00.000Z

Reasoning: Inferred resource at Waterpump Creek.

Negative factors

  • Inferred category

Evidence · text

“Waterpump Creek deposit hosts 21.4 million oz of silver ... in 2.39 million metric tons of inferred resource averaging 279 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 · zincTonnes: 2390000Grade: 11.25Grade Unit: %Contained Metal: 591000000Contained Unit: lbView all details
Link to this fact

Identity

Project
Waterpump Creek
Commodity
zinc
Region
usa_ak
Reported Region
Alaska

Resource scope

Estimate type
resource
Resource group id
resource:fe4237b3352ca852522a
Deposit or zone
Waterpump Creek
Resource basis
gross

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
2026-10-15T00:00:00.000Z

Reasoning: Inferred resource at Waterpump Creek.

Negative factors

  • Inferred category

Evidence · text

“591 million pounds of zinc ... in 2.39 million metric tons of inferred resource averaging ... 11.25% zinc”

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 details
Link to this fact

Identity

Project
Waterpump Creek
Commodity
lead
Region
usa_ak
Reported Region
Alaska

Resource scope

Estimate type
resource
Resource group id
resource:fe4237b3352ca852522a
Deposit or zone
Waterpump Creek
Resource basis
gross

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
2026-10-15T00:00:00.000Z

Reasoning: Inferred resource at Waterpump Creek.

Negative factors

  • Inferred category

Evidence · text

“518 million lb of lead in 2.39 million metric tons of inferred resource averaging ... 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.