Western Alaska Minerals announced drill assay results from WPC22-20 which intersected two thick multistage massive sulfide horizons for which visuals were announced previously at its 100% owned Waterpump Creek Carbonate Replacement Deposit. The upper intercept cut 1.1 meters grading 883 grams/tonne ("g/t") Silver (28.4 ounce/tonne ("oz/t")), 45.2% Lead and 12.2% Zinc within 11.4 meters grading 284 g/t Silver (9.1 oz/t), 10.9% Lead and 14.8% Zinc. The lower intercept cut 2.7 meters grading 297 g/t Silver (9.5 oz/t), 10.6% Lead and 2.8% Zinc within 20.7 meters grading 171 g/t (5.5 oz/t) Silver, 5.8% Lead and 9.4% Zinc. Hole WPC22-20 encountered two significant intercepts of massive to semi-massive sphalerite and argentiferous galena in a matrix of secondary dolomite like that seen in previous drilling. The intercepts are separated by 7 meters of weakly to unmineralized host rock.

Both intercepts clearly show multiple cross-cutting stages of mineralization, highlighted by distinctive zones of silver-rich galena cutting separate lower-silver sphalerite stages. There are at least two separate stages of sphalerite. The uppermost interval has only minor pyrite while the lower interval has a much higher pyrite content, but neither intercept shows the massive pyrite stage shown in WPC22-18.

Combining the results from the first 23 holes drilled into the Waterpump Creek structural zone allows recognition of a continuous elongate ribbon ("manto") of massive sulfides 30 to 75 meters wide and 400 meters in length plunging gently to the south (Figures 1 and 2). The mineralization affects reactive dolomite lying beneath an impermeable schist along the WPC Creek structure. Hole WPC22-18 lies at the intersection of the WPC and Illinois Creek structures and cut 103 meters of massive sulfides.

The mineralization in WPC22-18 includes sections with mineralogy and grades similar to those of WPC22-20 and all the other sulfide-bearing holes in the area, but also includes a late massive pyrite stage that is not seen in the surrounding holes. The combination of the location of WPC22-18 at a major structural intersection, the presence of multiple zones of multi-stage high-grade Ag-Pb-Zn sulfides that thin progressively through the surrounding holes, and the late pyrite stage strongly suggest that WPC22-18 cut a "feeder" chimney through which mineralizing fluids rose before traveling laterally through WPC22-20, etc., to create the emerging elongate sulfide manto. Quality Assurance/Quality Control of drill sample assay results are independently monitored through a quality assurance/quality control ("QA/QC") protocol which includes the insertion of blind standard reference materials, blanks, and duplicates at regular intervals.

All logging and sampling procedures are completed at WAM's core handling facilities located at the Illinois Creek mine camp in Alaska. Drill core is logged under an established procedure using Geospark commercial logging software, then diamond sawn on site. Half drill-core samples are then securely transported to ALS facilities in Fairbanks, Alaska from Illinois Creek under a strict chain of custody protocol.

Sample pulps are then sent to ALS's lab in Vancouver, Canada, for analysis. Gold content is determined by fire assay of a 30-gram charge with ICP finish. Silver, lead, copper, and zinc along with other elements are analyzed by ICP methods utilizing a four-acid digestion.

Over-limit samples for silver, lead, copper, and zinc are determined by ore-grade titration analyses. ALS Inc. is independent of Western Alaska Minerals and its affiliates. ALS also performs its own internal QA/QC procedures to assure the accuracy and integrity of results.

Parameters for ALS' internal and WAM' external blind quality control samples are acceptable for the elements analyzed. WAM is unaware of any drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data referred to herein.