Western Alaska Minerals Announces Appointment of New CFO
NEWS RELEASE
WESTERN ALASKA MINERALS ANNOUNCES APPOINTMENT OF NEW CFO
TUCSON, ARIZONA, US – May 23, 2024 - Western Alaska Minerals (the "Company" or "WAM")
(TSXV: “WAM”) is pleased to announce the appointment of Darren Morgans as its Chief Financial
Officer (CFO) effective June 1, 2024.
Darren Morgans, a Canadian CPA and Australian CA, has been a practicing finance professional
since 1995 and has worked with Canadian and Australian publicly listed resource companies for
over 25 years. Mr. Morgans is currently CFO of Cosa Resources Corp, a uranium explorer in the
Athabasca Basin in Canada. Previously, Mr. Morgans was a fractional CFO for Velocity Minerals
and Volta Metals, both Canadian listed junior explorers. Earlier in his career Mr. Morgans was the
CFO of Perpetua Resources Corp. (formerly Midas Gold Corp.). Join ing the company as a private
company and then assisting through its IPO in 2011 and subsequently raising over $C200 million
in equity, convertible debt, and royalty financings, with the focus of advancing the Stibnite Gold
Project from a small resource to a Feasibility Study with almost 5 million ozs in reserves. Prior to
joining Perpetua in 2011, he was the Controller and Secretary for Terrane Metals Co rp. prior to
its acquisition by Thompson Creek Metals. He has also worked for Place r Dome Inc. and Mount
Isa Mines. Mr. Morgans began his career with PwC after obtaining a Bachelor of Commerce from
the University of Queensland.
CEO Kit Marrs states, “We are very pleased to welcome Mr. Morgans as CFO. Darren brings a
wealth of financial experience in our sector. His proficiency in fund-raising, and keen business
acumen will aid in the advancement of our business and the pursuit of growth for our
shareholders.”
Alex Tong will continue to serve in the role of CFO until May 31, 2024. The Company would like
to thank Mr. Tong f or his contributions to the Company and wish him continued success in his
future endeavours.
About WAM
Our mission is to advance a mineable and scalable CRD, ultimately reshaping the mineral
landscape of western Alaska and establishing a new CRD district.
WAM’s 100% owned claims cover 73,120 acres (114.25 square miles or 29,591 hectares),
approximately 45 km east of an ocean barge-compatible section of the Yukon River. WAM’s intact
mineralized CRD system encompasses the (past producing) Illinois Creek gold -silver mine, the
Waterpump Creek high -grade silver-lead-zinc deposit, open to the north, and the Honker gold
prospect. Twenty-five kilometers northeast of the Illinois Creek CRD lies the Round Top copper
and the TG North CRD prospects. All prospects were originally discovered by Anaconda Minerals
Co. in the early 1980 ’s. Since 2010, WAM, along with its precursor company, Western Alaska
Copper & Gold, reassembled the Anaconda land package and has been engaged in exploring the
district.
Headquartered in both Alaska and Arizona, WAM brings together a team of seasoned
professionals with a shared vision of pioneering new frontiers in mineral exploration. Our
strategic approach is underpinned by cutting-edge technology, innovative techniques, and a deep
understanding of the geological intricacies of the region.
On behalf of the Company
“Kit Marrs”
Kit Marrs
President & CEO
Phone: 520-200-1667
For further information please contact:
Vanessa Bogaert, Director of Corporate Communications/IR at
Or visit our website at: www.westernalaskaminerals.com
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.