Kalkine: ASX300 Exploration Update: West Coast Silver Unearths High-Grade Finds at Elizabeth Hill (ASX:WCE)

June 11, 2025 04:20 PM AEST | By Team Kalkine Media

Kalkine: ASX300 Exploration Update: West Coast Silver Unearths High-Grade Finds at Elizabeth Hill (ASX:WCE) — Image source: Shutterstock

Early Drilling Success

The initial drilling returned exceptionally high-grade results, with one standout intercept measuring 5 metres at 2,822 grams per tonne (g/t) silver from a depth of just 26 metres. Within that, a higher-grade section of 2 metres at 6,951g/t from 27 metres reinforces the shallow, near-surface potential of the deposit.

This initial success validates the strategic value of the site and supports further resource development. The company, formerly known as Errawarra Resources, completed its acquisition of Elizabeth Hill in May and rebranded to West Coast Silver to reflect its new direction.

Next Phase in Progress

Building on this strong foundation, the company has already initiated additional diamond drilling to explore down-plunge extensions and lateral targets. These follow-up efforts aim to better understand the mineralisation zones and expand the known silver system.

Simultaneously, the drill core from the first holes is being systematically logged, with special attention to lithological and structural attributes. The company has achieved a core recovery rate exceeding 95%, and the orientation success enables highly detailed structural mapping. This level of geological insight is vital for refining the exploration model and enhancing targeting accuracy.

Structural Surprises and Lab Progress

Interestingly, the first holes have revealed structural trends in a previously underexplored section of the deposit. These insights are expected to inform strategic decisions as the drilling campaign progresses.

All half-core samples have been dispatched for laboratory assays, with results anticipated within six to eight weeks. In parallel, regional fieldwork, including soil sampling, has been completed, and the collected data is currently under assessment.

These developments also highlight the broader potential for West Coast Silver to join the ranks of advanced explorers and attract attention among investors interested in growth-oriented ASX dividend stocks and explorers aiming for future inclusion in the ASX300 stock index.

As the company refines its geological model and continues drilling, stakeholders will be watching closely to see how this high-grade silver opportunity evolves in one of Australia’s most promising mineral belts.

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