Welcome to our dedicated page for Alaska Silver news (Ticker: WAMFF), a resource for investors and traders seeking the latest updates and insights on Alaska Silver stock.
Alaska Silver Corp. (WAMFF) generates frequent news flow around its efforts to advance the Illinois Creek Project, a high-grade silver and critical minerals district in western Alaska. Company updates focus on exploration results, new discovery zones, financing activities, and corporate developments that shape the outlook for this exploration-stage issuer.
Recent press releases describe drilling and field programs at key zones such as Waterpump Creek South and the newly identified Silver Sage zone, where trenching, pit sampling, and initial drilling have confirmed mineralization within the broader carbonate replacement deposit system. Alaska Silver’s news also highlights technical details from surface and trench samples, geophysical surveys, and the staking of additional State of Alaska mining claims to expand the project area.
Investors following WAMFF news will see coverage of capital markets milestones, including the filing and amendment of a U.S. registration statement on Form S-1, the pricing and closing of a U.S. unit offering, and the use of the Listed Issuer Financing Exemption in Canada. Corporate governance items such as annual general meeting results, incentive plan approvals, stock option grants, and restricted share unit awards are also disclosed through news releases and related SEC filings.
Another recurring news theme is the company’s rebrand from Western Alaska Minerals to Alaska Silver, reflecting its emphasis on silver value at the Waterpump Creek deposit and across the Illinois Creek district. For readers tracking WAMFF, this news page offers a centralized view of exploration updates, financing transactions, and regulatory disclosures. Bookmark this feed to monitor new discovery announcements, technical updates from NI 43-101 Qualified Persons, and material events reported through coordinated press releases and Form 8-K filings.
Alaska Silver (OTCQX: WAMFF) appointed Aaron Schutt as Chief Executive Officer effective October 1, 2026, succeeding co-founder Christopher (Kit) Marrs.
Marrs retires as President and CEO on that date and becomes Executive Chairman immediately, supporting continuity and technical guidance as the Illinois Creek District advances.
Alaska Silver (OTCQX: WAMFF) has begun its fully funded 2026 drill and exploration program at the 100%-owned Illinois Creek Project in western Alaska, totaling 6,000 meters with two rigs. Key goals are expanding the Waterpump Creek resource, advancing Silver Sage, and progressing TG/TG North and Illinois Creek corridor targets through trenching and regional work.
Alaska Silver (WAMFF) plans to settle C$1,237,962 of deferred management fee debt by issuing 1,509,710 common shares at C$0.82 each to three executives, subject to TSXV and disinterested shareholder approval on June 19, 2026.
The transaction is a related party deal under MI 61-101 but relies on valuation and minority-approval exemptions. Alaska Silver also granted 100,000 stock options to an officer at C$0.82, exercisable for five years.
Alaska Silver (TSXV: WAM, OTC: WAMFF) appointed Aaron Schutt to its Board of Directors effective May 13, 2026. Schutt is President and CEO of Doyon, overseeing companies with over $500 million in revenue, and holds engineering and law degrees from Stanford.
The company also granted 1,045,609 RSUs to directors and officers and 960,000 stock options to directors, officers, employees, and consultants. Each RSU vests in one year, and each option is exercisable at C$0.805 for five years.
Alaska Silver (TSXV: WAMFF) simplified its capital structure by eliminating proportionate voting shares and renaming subordinate voting shares to Common Shares, effective via Articles amendment approved May 6, 2026.
All proportionate voting shares were converted March 9, 2026. New CUSIP 01176C208 and ISIN CA01176C2085 are expected at market open May 11, 2026; the trading symbol WAM is unchanged.
Alaska Silver (OTCQX: WAMFF) announced a fully funded 6,000-metre 2026 diamond drill program at its 32,737-hectare Illinois Creek project, using two company-owned rigs and surface trenching beginning in early June.
Drilling targets include expansion of the high-grade Waterpump Creek inferred resource (980 g/t AgEq) and follow-up of the newly discovered Silver Sage zone, plus regional CRD-porphyry exploration at Round Top.
Alaska Silver (OTC: WAMFF) filed an independent NI 43-101 technical report (effective Jan 22, 2026) for the Illinois Creek gold-silver deposit on 100%‑owned state land in western Alaska.
The update supports an improved mineral resource: Indicated gold ounces +11%, inferred gold and silver ounces nearly doubled, oxide mineralization amenable to low‑cost heap/vat leach, and mineralization remains open along strike and at depth. The report was prepared by an independent QP, Dr. Bruce Davis, and is available on SEDAR+.
Alaska Silver (WAMFF) will convert all proportionate voting shares (PV Shares) into subordinate voting shares (SV Shares) at a ratio of 100 SV for 1 PV, with a Record Date of March 9, 2026. The board said the move simplifies capital structure after the company ceased qualifying as a U.S. foreign private issuer on Jan 1, 2025.
Approximately 73% of PV Shares are held by ten officers, founders or major shareholders who agreed to voluntary lock-ups for up to 12 months (50% at 6 months, +25% at 9 months, +25% at 12 months). SV Shares issued to U.S. residents will carry restrictive legends under U.S. securities laws.
Alaska Silver (OTC: WAMFF) released an updated 2026 mineral resource estimate for the Illinois Creek oxide deposit effective January 22, 2026. Indicated: 9.0 Mt @ 0.92 g/t Au and 29.72 g/t Ag (260,000 oz Au; 8.3M oz Ag). Inferred: 10.9 Mt @ 0.84 g/t Au and 30.1 g/t Ag (290,000 oz Au; 10.4M oz Ag). Estimates use a $3,500/oz Au and $45/oz Ag pit shell and a NSR cutoff of US$24/t. Material is oxide and amenable to heap/vat leach. No additional drilling was completed since the 2021 block model; the company plans further expansion and evaluation of standalone operation potential.
Alaska Silver (OTCQX: WAMFF) reported 2025 drilling results at the Illinois Creek CRD district, including high‑grade intercepts: WPC‑35 5.9m @ 38 g/t Ag and 12.1% Zn (incl. 3.2m @ 67 g/t Ag, 16.9% Zn) and SS25‑04 4.4m @ 148 g/t Ag, 0.68% Pb, 0.24% Zn (incl. 1.0m @ 349 g/t Ag, 2.2% Pb). The 2025 program totaled 3000m (2,057m at Waterpump Creek; 906.5m at Silver Sage). The company cites a 75 Moz AgEq inferred Waterpump Creek resource (279 g/t Ag) and completed a US listing plus a