Elizabeth Hill Technical Review for Exploration Strategy
Released
Released
Announcement PDF
WEST COASTSILVER LIMITED
ASX | WCE
ACN: 155 472 834
REGISTERED OFFICE
Level2,10 Ord Street
WestPerth, WA 6005
POBox1227, WestPerth
WA 6872, Australia
info@westcoastsilver.com.au
+61 8 9322 3383
westcoastsilver.com.au
ASX:WCE ANNOUNCEMENT
5 February 2026
ELIZABETH HILL TECHNICAL REVIEW TO
DEVELOP 2026 EXPLORATION STRATEGY
West Coast Silver Limited (ASX: WCE) advises that it is conducting a series of technical review
sessions and site visit to Elizabeth Hill with ERM and independent geological specialists between 4–7
February 2026 to assess the exploration strategy and target pipeline at the Elizabeth Hill Silver
Project.
Highlights
• Technical workshops underway with ERM and specialist consultants
• This is to follow up on the highly successful diamond drill program assay results announced
on 4 February 2026
• Review focused on Elizabeth Hill geology, targeting and development pathways
• Outcomes to underpin the Company’s 2026 exploration and development strategy
• $6.2 million cash balance supports currently planned 2026 program
Technical Review Program
The Company is undertaking an intensive technical review program aimed at consolidating recent
drilling, geological interpretations, geophysical data and historical information at Elizabeth Hill.
The sessions are designed to:
• Refine priority follow-up drill targets
• Advance geological and structural models
• Identify opportunities for resource growth
• Support future mine development studies
2026 Exploration and Resource Strategy
Outcomes from the review will be used to progress West Coast Silver’s 2026 exploration strategy,
including:
• Priority drill targets for follow-up programs
• Near-mine and regional exploration priorities
• Pathway toward an updated JORC-compliant Mineral Resource Estimate
The Company expects to provide further guidance on its forward work program following completion
of the review process.
ASX:WCE ANNOUNCEMENT
5 February 2026
WEST COAST SILVER LIMITED ASX | WCE Page 2
Financial Position
As at the date of this announcement, West Coast Silver holds approximately $6.2 million in cash,
which is sufficient to fund the Company’s currently planned 2026 exploration and technical programs.
Authorised for Release
This announcement has been authorised for release by the Board of West Coast Silver Limited.
This ASX announcement has been authorised for release by the Company Secretary on behalf of
the Board of Directors of West Coast Silver Limited. For further information, please contact:
Bruce Garlick
Executive Director
West Coast Silver Limited
E: info@westcoastsilver.com.au
ASX:WCE ANNOUNCEMENT
5 February 2026
WEST COAST SILVER LIMITED ASX | WCE Page 3
About The Elizabeth Hill Project
Elizabeth Hill is historically one of Australia’s highest grade silver projects and has a proven production history
outlined below:
• High grades enabled low processing tonnes: 1.2Moz of silver was produced from just 16,830t of ore at
a head grade of 2,194g/t (70.5 oz/t Ag)1
.
• Previous mining operation ceased in 2000: because of low silver prices (US$5)2
.
• Simplistic historical processing technique: native silver was recovered via low-cost gravity separation
techniques.
• Untapped potential remains in ground with deposit open at depth and recent consolidation of land
package offers potential to discover more Elizabeth Hill style deposits.
• Tier 1 Mining Jurisdiction located on a mining lease with potential processing option at the nearby Radio
Hill site. Radio Hill is a third party-owned processing facility; WCE has no current agreement in place.
Through the consolidation of the surrounding land packages into a single contiguous 180km2
package significant
exploration and growth potential exists both near mine and regionally. The land package holds a significant portion
of the Munni Munni fault system, and other fault systems subparallel to the Munni Munni fault system, which are
considered prospective for Elizabeth Hill look-a-like silver deposits.
Figure 1: Elizabeth Hill Project Tenement Location
1 WAMEX Annual Report,1 April 2014 to 31 March 2015, Elizabeth Hill Silver Project, Global Strategic Metals NL, p16
2 www.kitco.com/charts/silver
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