- 01Substantial RC drilling underway to define maiden resource at Elizabeth Hill.
- 02Program targets near-surface extensions along the Munni Munni Fault.
- 03Assay results and maiden MRE are key upcoming catalysts.
West Coast Silver (ASX: WCE) has commenced a substantial reverse circulation (RC) drilling program at its Elizabeth Hill silver project in Western Australia.
The 4,000m RC drilling program will target near-surface extensions along the Munni Munni Fault.
The program aims to support an inaugural Mineral Resource Estimate and move the project toward an Economic Scoping Study.
Assay results are expected progressively through Q2 2026, with drilling planned to take approximately 4 to 6 weeks.
The drilling follows up on 2025 drilling that returned high-grade silver intersections, targeting mineralisation within 150m of surface.
Targeting MMF Extensions and Structures
Drilling will test northern and southern extensions along the Munni Munni Fault (MMF), building on previous encouraging results, and the program will also explore new structural targets identified by recent geophysical surveys.
Geophysics, including down-hole and surface surveys, are scheduled to commence in late March 2026, with diamond drilling planned for early April 2026.
Elizabeth Hill historically produced 1.2 Moz of silver from 16,830 tonnes at a head grade of 2,194 g/t, with mining ceasing in 2000.
The company controls a consolidated tenement area of 180 km², indicating significant exploration potential.
Recent drone magnetic surveys, completed in Q4 2025, identified 20 new structural target zones, with eight located within 1.2 km of the historical mine.
Next Steps and De-risking Exploration
The RC drilling is designed to rapidly define shallow, potentially open-pit style resource growth.
Planned diamond drilling aims to test down-plunge extensions, dependent on rig availability, and is set for early April 2026.
West Coast Silver is evaluating the potential for economic processing of Elizabeth Hill ore with Artemis Resources.
Outlook and Investor Risks
West Coast Silver is actively advancing Elizabeth Hill towards a maiden resource estimate with a focused RC drilling program.
Key upcoming catalysts include assay results and the MRE target in Q3/4 2026.
Investors should monitor exploration success, processing economics with Artemis Resources, and commodity price fluctuations.
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