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Western Alaska Minerals announces 'bonanza grades', stock jumps

Kitco Media
By Kitco News
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Western Alaska Minerals (TSXV:WAM) said today that massive sulfides announced visually from drill hole WPC22-21 reported 5.1 meters grading 789 g/t silver (25.4 oz/t), 22.0% lead and 14.9% zinc.

The company traded up 8% to $3.33 a share today.

"Bonanza silver grades averaging 25.4 oz/T with combined lead-zinc grades of 36.9% in the last hole of our 2022 drilling program are a great way to end the season," said Kit Marrs, CEO. "This intercept continues the upper zone or manto at Waterpump Creek and mirrors similar high-grades in drill holes extending approximately 400 meters to the north. We expect to continue expanding the zone to the south with an aggressive multi-rig program in 2023."

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