Elizabeth Hill Project Yields 12 Near-Mine Targets with Grades up to 1,550 g/t Ag

Integrated Targeting Study Advances Elizabeth Hill Prospects

West Coast Silver Limited (ASX – WCE) has announced a significant milestone in its exploration campaign at the Elizabeth Hill Silver Project, near Karratha in Western Australia. An integrated targeting study, conducted with independent consultants ERM (formerly CSA Global), has delineated 12 high-priority near-mine targets for immediate exploration. This study synthesised historical and recent datasets, including geophysics, geochemistry, and geological observations, to sharpen the understanding of silver mineralisation controls within the project area.

The standout targets are closely associated with the Munni Munni fault and the granite-ultramafic rock contact, a structural setting historically known to host high-grade silver mineralisation. Notably, some of these targets coincide with historical drill intersections boasting remarkable silver grades, such as 2 metres at 1,550 grams per tonne (g/t) silver from 108 metres depth, and 1 metre at 250 g/t silver from 118 metres depth.

Historical Data Validated and Integrated

West Coast Silver’s approach involved a comprehensive review and reinterpretation of legacy data, including drill hole assays, soil geochemistry, and geophysical surveys. The company has verified the quality and relevance of this data, ensuring it is fit for guiding exploration. The integration of these datasets has not only confirmed the primary structural controls on mineralisation but also highlighted underexplored zones, particularly to the south of the historic mine where the silver shoot is interpreted to step down along east-trending faults.

Additional regional targets have also been identified, with eight less mature prospects awaiting pending geochemical assay results. These broader targets suggest the potential for structural repetitions or analogues to the Elizabeth Hill deposit along the fault system.

Strategic Next Steps and Exploration Plans

With a recent successful fundraising underpinning its activities, West Coast Silver is poised to rapidly advance exploration. The immediate focus will be on detailed geological mapping, trenching along key contacts, and drilling of priority anomalies, particularly the two highest-ranked near-mine targets (NM5 and NM1). NM5 is notable for its proximity to historical high-grade drill intersections and its location along the Munni Munni fault at the granite-ultramafic contact. NM1 lies just north of the historic mine and is supported by both drill and surface sample data.

The company also plans to expand geochemical and geophysical coverage to refine and potentially increase the number of targets. This methodical approach aims to unlock further silver mineralisation extensions and enhance the project’s overall value proposition.

Elizabeth Hill – A High-Grade Silver Legacy with Growth Potential

Elizabeth Hill is recognised as one of Australia’s premier high-grade silver projects, with a production history of 1.2 million ounces of silver from just under 17,000 tonnes of ore at an exceptional grade of 2,194 g/t. Mining ceased in 2000 due to low silver prices at the time, but the deposit remains open at depth and along strike. The project benefits from its location in a Tier 1 mining jurisdiction and proximity to existing processing infrastructure at the nearby Radio Hill mine site.

West Coast Silver’s consolidation of the surrounding tenements into a contiguous 180 square kilometre land package encompassing significant portions of the Munni Munni fault system positions the company well to explore for additional Elizabeth Hill-style deposits.