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West Coast Silver Limited has revealed substantial high-grade silver discoveries at its Elizabeth Hill project near Karratha, Western Australia. Recent drilling results indicate promising extensions of mineralisation, potentially increasing the project's resource base. Investors are closely monitoring ongoing exploration efforts and upcoming resource updates.
Key Points
- Company and ASX ticker: West Coast Silver Limited (WCE)
- Main development: High-grade silver discoveries at Elizabeth Hill
- Highlight drill results: 3m @ 524g/t Ag from 183m, including 1.5m @ 1,039g/t Ag
- Upcoming events: Additional assay results expected throughout July and August
Major Silver Discoveries at Elizabeth Hill
West Coast Silver Limited has announced significant assay outcomes from its latest diamond drilling campaign at the Elizabeth Hill project. The company identified a new high-grade silver zone featuring intersections such as 3 meters at 524 grams per tonne (g/t) silver from 183 meters depth, including 1.5 meters at 1,039 g/t silver. This zone lies beneath and separate from the previously mined Elizabeth Hill orebody.
These drilling results reveal a substantial extension of the mineralised zone, outlining a 50-meter-long, north-south, sub-horizontal trend located below and south of historic mine workings. This trend is supported by both historical drill data and recent findings, indicating considerable potential for resource expansion.
Exploration Expands Mineralisation Beyond Existing Resource
The company’s reverse circulation (RC) drilling program has also delivered encouraging results, extending silver mineralisation north and west of the Elizabeth Hill maiden Mineral Resource Estimate (MRE) published in April 2026. Noteworthy RC intersections include 44 meters at 26 g/t silver from surface and 41 meters at 23 g/t silver from 1 meter, both terminating within mineralisation.
These outcomes suggest mineralisation extends beyond current resource boundaries, indicating potential for significant resource additions in future updates. West Coast Silver is advancing economic studies on near-surface mineralisation aimed at progressing toward a Scoping Study.
Discovery of Additional Mineralisation Styles
Beyond silver, the drilling program has identified nickel, copper, and palladium intersections. In diamond drill hole 26WCDD029, the company reported 0.45 meters grading 2.73% nickel, 0.93% copper, and 0.7 grams per tonne palladium from 154.87 meters depth. Hosted within ultramafic lithologies of the basal Munni Munni Intrusive Complex, this suggests a new mineralisation style at Elizabeth Hill.
The presence of these base metals opens new exploration opportunities and may enhance the project’s overall economic potential. West Coast Silver continues to pursue these prospects as part of its comprehensive exploration strategy.
Ongoing Exploration and Future Outlook
West Coast Silver is progressing with its exploration program at Elizabeth Hill, with diamond drilling nearing completion of the planned holes. The company expects to release additional assay results progressively through July and August, providing further insight into the project’s resource potential.
Exploration efforts focus on testing extensions and infill of the existing MRE, aiming to expand the resource base. Investors are anticipated to closely follow these developments, which could substantially influence the company’s valuation and future outlook.
Strategic Significance of the Elizabeth Hill Project
Located near Karratha in Western Australia’s Pilbara region, the Elizabeth Hill project is a vital asset for West Coast Silver. The project is operated as a joint venture with Alien Metals, where West Coast Silver holds a 70% interest. Its strategic location and promising mineralisation make it central to the company’s exploration activities.
Recent discoveries reinforce the project’s potential to generate significant value through resource expansion and identification of new mineralisation types. Ongoing efforts to delineate and grow the resource are essential to realising this potential.
Investor Focus and Upcoming Milestones
Investors in West Coast Silver will be closely monitoring the company’s progress in exploration and resource development at Elizabeth Hill. The recent high-grade discoveries highlight the potential for substantial resource growth, which could improve the project’s economic viability and attract further investment.
Key upcoming milestones include the release of further assay results and completion of the Scoping Study. These will provide critical insights into the project’s prospects and inform future exploration and development plans.
