# A new look at the old Illinois Creek mine

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253

Original source: https://www.miningnewsnorth.com/story/2026/10/09/news/a-new-look-at-the-old-illinois-creek-mine/9904.html

Publisher: miningnewsnorth

Original announcement: 2026-10-15T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-16T13:52:37.496Z

Atlas analysis updated: 2026-10-16T13:52:37.496Z

- 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

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas 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 factor: Expansion of 2026 drill program by 50%

- Positive factor: High-grade silver intercepts at Silver Sage

- Positive factor: Significant silver-zinc-lead resource at Waterpump Creek

- Negative factor: Assays for the 2026 program are still pending

- Negative factor: Historical Illinois Creek economics were difficult due to low gold prices

Facts used in scoring: 22

## Classification and evidence

**Inferred Resource**

Polarity: negative

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 \(Kappes, Cassiday &amp; Associates\) for testing.

Evidence · text

> The company sent the bulk sample to Kappes, Cassiday &amp; Associates' lab in Nevada

## Extracted facts

Stored fact records: 22. Some facts used in scoring do not have a stored record.

## Drill Results (15)

### SS25-0001

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-0)

Silver Sage · silver

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0001

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-1)

Silver Sage · zinc

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0001

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-2)

Silver Sage · lead

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0001

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-3)

Silver Sage · copper

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0001

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-4)

Silver Sage · gold

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0003

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-5)

Silver Sage · silver

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0003

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-6)

Silver Sage · zinc

#### 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 factor: Strong zinc grade

Evidence · text

> 1.18% zinc

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0003

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-7)

Silver Sage · lead

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0003

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-8)

Silver Sage · copper

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0003

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-9)

Silver Sage · gold

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0004

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-10)

Silver Sage · silver

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0004

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-11)

Silver Sage · zinc

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0004

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-12)

Silver Sage · lead

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0004

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-13)

Silver Sage · copper

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### SS25-0004

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-drill-facts-14)

Silver Sage · gold

#### 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

## Resource Estimates (7)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-resource-facts-15)

Illinois Creek · gold

#### 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 factor: 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-resource-facts-16)

Illinois Creek · silver

#### 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 factor: 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 Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-resource-facts-17)

Illinois Creek · gold

#### 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 factor: 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-resource-facts-18)

Illinois Creek · silver

#### 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 factor: 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-resource-facts-19)

Waterpump Creek · silver

#### 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 factor: 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-resource-facts-20)

Waterpump Creek · zinc

#### 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 factor: 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/a-new-look-at-the-old-illinois-creek-mine--d4622b33-9745-4e4c-9ce2-53bfee9d2253#fact-resource-facts-21)

Waterpump Creek · lead

#### 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 factor: 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 Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: 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.
