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WAM.V ·

Western Alaska Minerals Announces Grant of Restricted Share Units

Share Capital & Compensation

NEWS RELEASE

WESTERN ALASKA MINERALS ANNOUNCES GRANT OF RESTRICTED SHARE UNITS

TUCSON, ARIZONA, US – October 18, 2024 – Western Alaska Minerals Corp. (the "Company"

or "WAM") (TSXV: WAM) is pleased to announce that it has issued an aggregate of 114,588

restricted share units (the “RSUs”) to certain non-executive directors of the Company. Each RSU

entitles the holder to be issued one subordinate voting share of the Company on vesting. All the

RSUs will vest one year from the grant date.

About WAM

WAM is a North American precious and base metals explorer strategically focused on its flagship

CRD project in western Alaska's historic Illinois Creek Mining District, where the Company

continues to make significant discoveries along the emerging 8-kilometer mineralized trend.

WAM’s 100% owned claims cover 73,120 acres (114.25 square miles or 29,591 hectares), roughly

45 km from the Yukon River. The District encompasses at least five deposits containing gold,

silver, copper, lead, and zinc and was originally discovered by Anaconda Minerals Co. in the early

1980's. Since 2010, WAM, along with precursor Western Alaska Copper & Gold Company, has

reassembled the Anaconda property package and 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.

The Company remains focused on delivering value to its shareholders and stakeholders while

adhering to the highest standards of environmental stewardship and community engagement.

On behalf of the Company

“Kit Marrs”

Kit Marrs

President & CEO

[email protected]

Phone: 1-520-200-1667

For further information, please contact:

Vanessa Bogaert, Director of Corporate Communications/IR

[email protected]

Or visit our website at: www.westernalaskaminerals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.