Alaska Silver Corp. Completes Record-Breaking 2026 Drill Program

2026-10-09SEC Filing 8-K (0001062993-26-005250)

Alaska Silver Corp. has announced the successful completion of its 2026 drill program at the Illinois Creek Project in western Alaska. The program exceeded its targets, drilling 9,496 meters across two rigs, significantly surpassing the initial 6,000-meter plan. This increased productivity led to a C$7,615,800 financing to expand the program. The drilling was completed efficiently, with a high average daily rate and record single-shift performances. Notably, the deepest hole ever drilled at Illinois Creek was completed, and the program achieved zero safety incidents or rig downtime. Assay results are pending, and metallurgical testing is being conducted on a bulk sample from the past-producing mine to assess recovery rates for silver, gold, and copper, which will inform a potential Preliminary Economic Assessment (PEA).

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