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Western Alaska Minerals WAM.V the BBQ ROCK update with CEO Kit Marrs
Manage episode 375586324 series 3311997
This conversations recorded on goes Aug 18th goes into depth regarding the recent press release:
https://ceo.ca/@accesswire/western-alaska-minerals-extends-mineralization-at-waterpump
Western Alaska Minerals Extends Mineralization at Waterpump Creek
40.2 meters of 262 gpt Ag (8.4 opt), 10.9% Pb and 4.5% Zn, Including: 5.3 meters of 729 gpt Ag (23.4 opt), 24.1% Pb and 3.1 % Zn
And Last Hurrah Drilling Cuts Strong Indicators of Proximity to Mineralization
TUCSON, AZ / ACCESSWIRE / August 14, 2023 / Western Alaska Minerals (the "Company" or "WAM") (TSX-V:WAM) is pleased to report the first assay results from the initial step-out phase of its second-year drilling program at the 100% owned Waterpump Creek ("WPC") silver-rich Carbonate Replacement Deposit ("CRD"). Hole WPC23-0030 extends WPC to 495 meters in strike length.
Highlights
- Step-out drill hole WPC23-0030:
- Last Hurrah Drilling:
*Last Hurrah was coined by Anaconda in the 1980s as it was the last target to be drilled by Anaconda within the Illinois Creek Mining District.
"We welcome this proof that high-grade mineralization at Waterpump Creek remains open to the south and that the distinctive CRD alteration seen there is turning up in our drilling 700m farther south at Last Hurrah," said Kit Marrs, CEO of Western Alaska Minerals. "We look forward to continuing drilling at Last Hurrah to find the sulphides that the alteration is telling us should be nearby and trace it back towards WPC, which may just be the tip of the finger of a major CRD manto".
"It is always exciting to see this strength of BBQ fluorescence response in "Fugitive Calcite" veining in a new area. It says you're getting into the halo around something important" said Dr. Peter Megaw, technical advisor to WAM. "Fugitive calcite is the exhaust half of the replacement process and surrounds the sulphides we're looking for. Shortwave UV lights it up like fluorescent fur on a shaggy dog".
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
About me:
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info. Anything I write, record, post is done free.
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
63 episod
Western Alaska Minerals WAM.V the BBQ ROCK update with CEO Kit Marrs
Due Diligence by Doc Jones, Resource Investor, Hunting for Exceptional returns.
Manage episode 375586324 series 3311997
This conversations recorded on goes Aug 18th goes into depth regarding the recent press release:
https://ceo.ca/@accesswire/western-alaska-minerals-extends-mineralization-at-waterpump
Western Alaska Minerals Extends Mineralization at Waterpump Creek
40.2 meters of 262 gpt Ag (8.4 opt), 10.9% Pb and 4.5% Zn, Including: 5.3 meters of 729 gpt Ag (23.4 opt), 24.1% Pb and 3.1 % Zn
And Last Hurrah Drilling Cuts Strong Indicators of Proximity to Mineralization
TUCSON, AZ / ACCESSWIRE / August 14, 2023 / Western Alaska Minerals (the "Company" or "WAM") (TSX-V:WAM) is pleased to report the first assay results from the initial step-out phase of its second-year drilling program at the 100% owned Waterpump Creek ("WPC") silver-rich Carbonate Replacement Deposit ("CRD"). Hole WPC23-0030 extends WPC to 495 meters in strike length.
Highlights
- Step-out drill hole WPC23-0030:
- Last Hurrah Drilling:
*Last Hurrah was coined by Anaconda in the 1980s as it was the last target to be drilled by Anaconda within the Illinois Creek Mining District.
"We welcome this proof that high-grade mineralization at Waterpump Creek remains open to the south and that the distinctive CRD alteration seen there is turning up in our drilling 700m farther south at Last Hurrah," said Kit Marrs, CEO of Western Alaska Minerals. "We look forward to continuing drilling at Last Hurrah to find the sulphides that the alteration is telling us should be nearby and trace it back towards WPC, which may just be the tip of the finger of a major CRD manto".
"It is always exciting to see this strength of BBQ fluorescence response in "Fugitive Calcite" veining in a new area. It says you're getting into the halo around something important" said Dr. Peter Megaw, technical advisor to WAM. "Fugitive calcite is the exhaust half of the replacement process and surrounds the sulphides we're looking for. Shortwave UV lights it up like fluorescent fur on a shaggy dog".
I’m a PRIVATE INVESTOR, enjoying early retirement after a successful and fulfilling career managing investment portfolios with a focus on the resource sector (including oil and gas).
About me:
I am completely independent. My only client is me. No one pays me, I don't sell subscriptions or offer sponsorship deals or special access to my trading info. Anything I write, record, post is done free.
My money where my due diligence is and I explain why.
I employ common sense, Fundamental, bottom-up analysis that incorporates but not limited to: currency exchange rates, cost of labor, raw materials cost, geology, Metallurgy, cost of capital, infrastructure, macro influencing factors, capital discipline by management, etc.
If the data changes (company, sector or macroeconomic environment) then I do, no emotion about it, let the data guide your investments.
Twitter:
https://twitter.com/drjimjonesceo
63 episod
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