Join our daily newsletter At The Bell to receive exclusive market insights
West Coast Silver (ASX:WCE) is preparing to undertake a 4,000 metre reverse circulation (RC) drilling program at the high-grade Elizabeth Hill silver project in Western Australia this month.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
The impending program is designed to expand the footprint of silver mineralisation and support the release of a maiden mineral resource estimate in Q3/4 2026 at one of Australia’s highest-grade silver projects.
West Coast’s executive director, Bruce Garlick, said drilling will target extensions adjacent to the historic high-grade mine and newly identified structural corridors along the Munni Munin Fault (MMF).
“WCE’s diamond and aircore drilling programs have confirmed that the structural system hosting silver mineralisation at Elizabeth Hill extends significantly beyond the boundaries of the historic mine,” Mr Garlick said.
“The identification of multiple near-mine targets supports our view that Elizabeth Hill represents part of a larger silver mineralised system along the Munni Munni Fault.”
He told shareholders the RC program is designed to expand the known strike and depth extents of the deposit and test new targets at Elizabeth Hill North and South.
“With all targets shallow and proximal to existing infrastructure, success would position the company strongly for rapid resource growth and a clear development pathway,” he added.
An RC drilling contract has been awarded to NexGen Drilling, with drilling expected to take approximately four to six weeks and assay results anticipated to be received progressively during Q2 2026.
Historically, Elizabeth Hill produced a total of 1.2 million ounces of silver from just 16,830 tonnes of ore at a head grade of 2,194 grams per tonne (g/t) before mining operations ceased in 2000 as a result of low silver prices.
West Coast is confident that untapped mineral resource expansion potential remains, with the deposit open at depth and along strike. The company added to that potential through the consolidation of its land holdings as it moves to uncover more Elizabeth Hill-style deposits near mine and regionally.
WCE is steady at 22cps. Mkt cap $78.95M.
Join the discussion: See what HotCopper users are saying about West Coast Silver Ltd and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
