Shallow mineralisation intersected at Elizabeth Hill
Released
Released
Announcement PDF
ASX:WCE ANNOUNCEMENT
11th June 2025
SHALLOW HIGH GRADE MINERALISATION IDENTIFIED
IN FIRST 2 HOLES OF DRILLING PROGRAM
Highlights
• Hole 25WCDD001 intersected:
• 5m at 313g/t Silver (Ag) from 20m; and
• 5m at 2822g/t Ag from 26m; including
• 2m at 6951g/t Ag from 27m
• Hole 25WWCDD002 intersected 12m at 153g/t Ag from surface; including
• 1m at 973g/t Ag from 1m
• Silver mineralisation starts at surface in both holes (Appendix B – pXRF Results)
• Drill holes were strategically designed to test high-grade, shallow silver targets.
• Half-core samples dispatched to laboratory for assay; results expected in 6–8
weeks. High grade nature of samples necessitate more comprehensive
laboratory analysis
• Systematic core logging underway to improve understanding of structural and
lithological controls.
West Coast Silver Limited (ASX: WCE) (‘West Coast Silver’ or the ‘Company’) is pleased to advise
that its inaugural diamond drill program at the high-grade Elizabeth Hill Silver Project in the Pilbara
has delivered a strong start, with shallow, high-grade silver intersected in core from the first two drill
holes, 25WCDD001 and 25WCDD002, based on portable XRF (pXRF) readings1.
Cautionary Statement
pXRF results should not be considered a proxy for quantitative laboratory analyses which are required
to determine the actual abundance and grade of the mineralisation. The mineralised core intervals
referenced in this announcement have been appropriately and systematically sampled and dispatched
to ALS Global laboratories for quantitative analysis the results of which and will be reported once results
are received.
1 Refer to cautionary statement
WEST COAST SILVER LIMITED
ASX | WCE
ACN: 155 472 834
REGISTERED OFFICE
Level 2, 10 Ord Street
West Perth, WA 6005
PO Box 1227, West Perth
WA 6872, Australia
info@westcoastsilver.com.au
+61 8 9322 3383
westcoastsilver.com.au
ASX:WCE ANNOUNCEMENT
11th June 2025
Both holes intersected mineralisation2 from surface, with particularly impressive results from hole
25WCDD001 which intersected:
•
•
5m at 313g/t Ag (10oz/t) from 20m; and
5m at 2822g/t Ag (90.7oz/t) from 26m; including
o 2m @ 6951g/t Ag (223.5oz/t) from 27m.
Hole 25WWCDD002 intersected
•
12m at 153g/t Ag (4.9oz/t) from surface; including
o 1m at 973g/t Ag (31.3oz/t) from 2m
These initial holes were strategically selected to test the potential for shallow, high-grade
mineralisation.
Anomalous Lead, Zinc and Copper values have also been returned, and further analysis will be carried
out during the inaugural drill program to quantify the presence of these elements and their impact on
project economics. Refer to Appendix B – pXRF Results for full results of other elements.
Commenting on the results, Executive Director Bruce Garlick said:
“We are extremely pleased with this exceptional start to our maiden drill program. To intersect highgrade silver from surface in our first two holes is a tremendous result and validates our belief in the nearsurface potential at Elizabeth Hill. The grades seen in 25WCDD001 are particularly encouraging and
point to a strong future for the project.”
Figure.7.‗.Plan.view.of.completed.drillholes........
2 Refer to cautionary statement
WEST COAST SILVER LIMITED
ASX | WCE
Page 2
ASX:WCE ANNOUNCEMENT
11th June 2025
Figure 2 - Section view of significant intercepts greater than 50g/t – Refer to Appendix B – pXRF Results for full details3
Geological Interpretation
Drill core from both holes has been systematically logged, with particular attention being paid to
structural and lithological features to improve the geological understanding of the silver mineralisation.
Previous drilling at Elizabeth Hill intersected a high-grade silver vein network with an associated polymetallic mineralised halo which includes copper, lead and zinc hosted in chalcopyrite, galena,
arsenopyrite and sphalerite. In addition to pervasive malachite observed in the core of the hydrothermal
vein system.
Core recovery has been in excess of 95% and successful core orientation has allowed detailed
structural measurements of the near surface mineralisation. Furthermore, holes 25WCDD001 and 002
have traversed a sparsely drilled section of the deposit, highlighting previously unidentified structural
trends. The information gathered from these holes is providing valuable information which will enable
key decisions to be made for the remainder of the drill program.
3 Refer to cautionary statement
WEST COAST SILVER LIMITED
ASX | WCE
Page 3
ASX:WCE ANNOUNCEMENT
11th June 2025
Laboratory Testing
The core has been cut, and half-core samples have been sent for confirmatory laboratory assays, which
are expected to be returned within 6–8 weeks.
An analysis of pXRF v assay results will be carried out when results are received to demonstrate any
variances between pXRF results and laboratory analysis.
The diamond drill program continues at Elizabeth Hill, with further holes planned to test down plunge
and extensional targets.
Regional Exploration Update
Regional fieldworks including soil sampling has recently concluded with all samples being sent to the
lab for assessment. Lab results are being received progressively with a consolidated model being built
to define next steps
An updated Programme of Works (PoW) has recently been approved by DEMIRS to facilitate additional
field exploration work including trenching on near mine and regional targets.
Figure.9.‗.Drilling.continues.at.Elizabeth.Hill
WEST COAST SILVER LIMITED
ASX | WCE
Page 4
ASX:WCE ANNOUNCEMENT
11th June 2025
The Elizabeth Hill Project
Elizabeth Hill is one of Australia’s high-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)4
•
Previous mining operation ceased in 2000: because of low silver prices (US$5)5
•
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.
Figure.0.‗.Tenement.Location
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 which is considered
prospective for Elizabeth Hill look-a-like silver deposits.
4 WAMEX Annual Report,1 April 2014 to 31 March 2015, Elizabeth Hill Silver Project, Global Strategic Metals NL, p16
5 www.kitco.com/charts/silver
WEST COAST SILVER LIMITED
ASX | WCE
Page 5
ASX:WCE ANNOUNCEMENT
11th June 2025
This ASX announcement has been authorised for release by 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
Competent Person Statement
The information in this report that relates to Exploration Results is based on information compiled by Mr Rob Mosig
a Competent Person who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Mosig is a Director
of West Coast Silver.
Mr Mosig has sufficient experience that is relevant to the style of mineralisation and type of deposits under
consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition
of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’, and a
Specialist under the 2015 Edition of the ‘Australasian Code for Public Reporting of technical assessments and
valuations of mineral assets’.
Mr Mosig consents to the inclusion in the report of the matters based on his information and in the form and
context in which it appears.
Forward-Looking Statements
Statements in this announcement which are not statements of historical facts, including but not limited to those
relating to the proposed transaction, are forward-looking statements. These statements instead represent
management’s current expectations, estimates and projections regarding future events. Although management
believes the expectations reflected in such forward-looking statements are reasonable, forward-looking
statements are based on the opinions, assumptions and estimates of management at the date the statements are
made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or
results to differ materially from those projected in the forward-looking statements.
Accordingly, investors are cautioned not to place undue reliance on such statements.
Cautionary Statement
This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This
document is neither a prospectus nor an offer to subscribe for fully paid ordinary shares. West Coast Silver and its
directors, employees and consultants make no representations or warranty as to the accuracy, reliability or
completeness of this document, and have no liability, including liability to any person by reason of negligence of,
or contained in or derived from, or for any omissions from this document, except liability under statute that cannot
be excluded. This document contains reference to certain targets and plans of West Coast Silver which may or
may not be achieved. The performance of West Coast Silver may be influenced by a number of factors,
uncertainties and contingencies, many of which are outside the control of the Company and its directors, staff
and consultants.
WEST COAST SILVER LIMITED
ASX | WCE
Page 6
ASX:WCE ANNOUNCEMENT
11th June 2025
Appendix A – Drill Collar Locations
Hole ID
Easting_m
Northing_m
Datum
Azi
Dip
Depth (m)
25WCDD001
25WCDD002
487011.00
487023.00
7667939.00
7667944.00
GDA94z50
GDA94z50
91
165
62
75
47.20
90.50
Appendix B – pXRF Results
Hole ID
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
Reading
Depth (m)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
WEST COAST SILVER LIMITED
Average Ag
g/t
21.3
23.7
45.7
31
30.7
16
41.3
15
31.3
28
33
44.3
43.7
40
20.3
24.3
54.7
7
18
283.7
90.3
11.7
1127.3
54.7
12
49
8119.3
5783.3
77
82.3
0
ASX | WCE
Average Pb
ppm
168.7
159.3
537.7
72.7
38.3
46.7
472
40.3
4709
647
448.3
30.7
99.7
158
20741.7
1166
8194
6187.3
2254
1653.3
2885.7
1493.7
912.3
2626.7
683.7
2680.3
10924
157
67.3
31.7
83.3
Average Zn
ppm
132.7
126.7
261
88
115.3
302.7
392.3
108.7
281.3
615.3
1052.7
48
246
180.7
3948.3
1230
3840.3
3416.3
899
883.7
1135
683
2013.7
1057.7
1200
1420
805.3
2441
106.7
110
163.3
Average Cu
ppm
191
21.7
66.7
20.3
0
15.3
389
0
916
468.3
179
0
79.3
69.7
2052.7
287.7
2549
1622.3
343
276
412.3
345.7
1582.7
793.7
443
403.7
1114.3
638
53.7
46.3
99.7
Page 7
ASX:WCE ANNOUNCEMENT
11th June 2025
Hole ID
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD001
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
Reading
Depth (m)
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
WEST COAST SILVER LIMITED
Average Ag
g/t
8
0
2.7
0
0
0
0
3.3
12
3
9.7
17
12.7
0
3.8
0
112.7
973.3
2.3
138
51.3
98
14
73.3
179.7
21
98.7
73.3
17.3
17.3
27.7
12.7
8.7
6.7
12.3
16
66.3
10
20.3
56.7
52.7
3
3
ASX | WCE
Average Pb
ppm
117.7
2.7
7.3
20.7
3.7
9.3
0
15.7
10.7
0
193.7
272.3
198.7
21.7
15.3
45.3
842.7
614
61
126
207
791
2172.7
4574
3323
363
1889.3
1980.3
3507.7
2515
2124.3
599.7
792
764.7
222.3
300
239.7
624.7
17
395.3
26.7
22
33
Average Zn
ppm
222
151
104.3
421.3
157
176.3
128.3
44.3
147.7
105.3
444.7
303
157.7
41.3
81
34.7
489.3
892
287
123.3
306.7
735.7
1290.7
453.3
1013.7
867.7
1329.7
847
4299.3
2302.7
1634.3
837.3
1038.7
1325.7
1063.7
778.3
1150.7
1078
403.3
274
322
45
26.7
Average Cu
ppm
2755
756
0
48
28
22
0
0
0
15
1772.3
1996.3
144.3
0
151.8
0
1729.3
1689.3
1476.3
533
1515.3
2163.3
1100.3
1609.7
862.3
1863.7
659
454.3
2110
1105
8122.7
1514
648
610
952.7
308.3
627.7
446.3
636.7
1060
3100.7
0
23
Page 8
ASX:WCE ANNOUNCEMENT
11th June 2025
Hole ID
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
Reading
Depth (m)
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
WEST COAST SILVER LIMITED
Average Ag
g/t
9
12
2.7
2.3
0
3.3
3
0
4
0
3.3
3.7
7.3
0
0
0
0
0
0
0
0
0
0
0
11.7
3
2.3
0
0
0
0
0
2.7
0
3
0
0
5.7
0
2.3
0
0
2
ASX | WCE
Average Pb
ppm
40.3
17.7
145
159
12
6.7
3.3
2.3
7
155
26.7
31
11.3
5.7
0
24.3
15.3
23
15.3
22.3
9.3
0
17
13.7
19.3
177.3
676.3
72.7
54.7
98
122
129.3
156.3
17.7
475
27.7
15.3
16.7
15.3
505.7
10
30.3
25
Average Zn
ppm
75.3
98.3
1293.3
70
118
104
53.7
153.3
92
179.7
78.3
140
186.7
171.7
145
68
114
39.7
72.3
113.7
70
40.7
107
210
102
2141
420.7
25.7
45.7
230.7
152.3
33.7
227.7
24
253
46.3
51
95
19.3
18583.7
58.3
105
26.7
Average Cu
ppm
294.7
340
1010.7
797.7
0
223
0
82
12
25
16.7
28.3
0
0
0
37.3
0
25
0
0
185.3
0
0
0
9.3
99.3
20.3
8
0
60.3
8.3
0
6
0
0
0
0
111
0
353.7
0
34
6.7
Page 9
ASX:WCE ANNOUNCEMENT
11th June 2025
Hole ID
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
25WCDD002
Reading
Depth (m)
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
WEST COAST SILVER LIMITED
Average Ag
g/t
0
0
2.7
0
0
2.3
0
0
3.3
5.3
0
0
0
2.3
2.7
0
0
0
0
0
ASX | WCE
Average Pb
ppm
134
33.7
27.7
44.7
60.7
23.7
23
37
38
19
20
25
43
31
35
27.7
127.3
25.3
31.7
30.7
Average Zn
ppm
84.3
11
30
22
36.7
27
40.7
29.7
36.7
26.3
44.7
10.7
34
29
39
0
98.3
62.7
38
40
Average Cu
ppm
54
0
0
0
0
0
0
12
27
8.3
12.3
0
0
0
0
0
109.3
0
5.7
0
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ASX:WCE ANNOUNCEMENT
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Appendix 3
JORC CODE, 2012 – TABLE 1
Section 1 Sampling Techniques and Data – Elizabeth Hill Inaugural Drill Program
(Criteria in this section apply to all succeeding sections.)
Criteria
JORC Code explanation
Sampling
techniques
•
Drilling
techniques
Commentary
Nature and quality of sampling (e.g. cut channels, random chips, or specific
specialised industry standard measurement tools appropriate to the minerals
under investigation, such as down hole gamma sondes, or handheld XRF
instruments, etc). These examples should not be taken as limiting the broad
meaning of sampling.
• Portable XRF readings have been recorded on core samples at 1m intervals
downhole. In zones of interest or where visually mineralized, the reading has
been repeated 3 times with an average taken.
•
Include reference to measures taken to ensure sample representivity and the
appropriate calibration of any measurement tools or systems used.
• Portable XRF is calibrated daily along with CRM checks during analysis.
•
Aspects of the determination of mineralisation that are Material to the Public
Report.
•
In cases where ‘industry standard’ work has been done this would be
relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m
samples from which 3 kg was pulverised to produce a 30 g charge for fire
assay’). In other cases, more explanation may be required, such as where
there is coarse gold that has inherent sampling problems. Unusual
commodities or mineralisation types (e.g. submarine nodules) may warrant
disclosure of detailed information.
•
Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast,
auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard
tube, depth of diamond tails, face-sampling bit or other type, whether core is
oriented and if so, by what method, etc).
• pXRF does not record temperature readings but ambient climate ranges from
22-27 deg Celsius.
• Mineralisation determined via pXRF generally where Ag readings average
<10g/t Ag.
• A Reflex Omni X-42 North Seeking Gyro is used for downhole surveying of the
drill holes and is calibrated prior to use, with readings taken at approximately
every 15m.
• Drilling was undertaken with a track-mounted LF90Ds with operational dip
angles of -90̊ to -30̊ and capable of drilling HQ core to 600m. Core was
recovered in a standard tube. All the core in this ongoing program is to be
drilled HQ.
• Core is orientated using Reflex ACT III HQ tool
• Drillholes were surveyed downhole using an IMDEX TN14 Gyro and Compass
WEST COAST SILVER LIMITED
ASX | WCE
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11th June 2025
Criteria
JORC Code explanation
Commentary
Drill sample
recovery
•
Method of recording and assessing core and chip sample recoveries and
results assessed.
•
Measures taken to maximise sample recovery and ensure representative
nature of the samples.
Whether a relationship exists between sample recovery and grade and
whether sample bias may have occurred due to preferential loss/gain of
fine/coarse material.
• Core recovery was systematically recorded from the commencement of
diamond coring to the end of hole, by reconciling against driller depth blocks,
production plods and knowledge obtained from visual inspection.
• Core recoveries typically averaged above 90% with isolated minor zones of
lessor recovery.
• No relationship has been established between core recovery and grade. There
is no reason to expect any sampling bias.
• Detailed core recovery data is maintained throughout the program as part of
the geotechnical logging.
Logging
Subsampling
techniques and
sample
preparation
•
Whether core and chip samples have been geologically and geotechnically
logged to a level of detail to support appropriate Mineral Resource
estimation, mining studies and metallurgical studies.
•
Whether logging is qualitative or quantitative in nature. Core (or costean,
channel, etc) photography.
•
The total length and percentage of the relevant intersections logged.
•
If core, whether cut or sawn and whether quarter, half or all core taken.
•
If non-core, whether riffled, tube sampled, rotary split, etc and whether
sampled wet or dry.
•
For all sample types, the nature, quality and appropriateness of the sample
preparation technique.
•
Quality control procedures adopted for all subsampling stages to maximise
representivity of samples.
•
Measures taken to ensure that the sampling is representative of the in-situ
material collected, including for instance results for field duplicate/secondhalf sampling.
•
Whether sample sizes are appropriate to the grain size of the material being
sampled.
WEST COAST SILVER LIMITED
ASX | WCE
• Diamond drill core is orientated and geologically and geotechnically logged by
an experienced team of geologists and the data stored in a database.
• All core logging is both qualitative and quantitative in nature.
• Photographs are taken prior to the cutting and sampling of the core; core is
wetted to improve the visibility of features in the photographs.
• No new drill sample assay results are being reported. The portable XRF
analyses are based individual or in some instances an average of 3 readings
taken on the core at 1m intervals. The analyses were taken after the core was
collected into core trays.
• pXRF QAQC includes daily calibration and analysing 2 different CRM
standards approx. every 20 samples.
• Core analysis may introduce some sample variability and pXRF results are
regarded as semi-quantitative at this stage.
• 3 x 30 second readings are taken on each meter, just up-hole of the meter
mark. An average concentration of the 3 readings is used for the final recorded
analysis.
• pXRF readings are only performed on dry drill core.
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ASX:WCE ANNOUNCEMENT
11th June 2025
Criteria
JORC Code explanation
Quality of assay
data and
laboratory tests
•
The nature, quality and appropriateness of the assaying and laboratory
procedures used and whether the technique is considered partial or total.
•
For geophysical tools, spectrometers, handheld XRF instruments, etc, the
parameters used in determining the analysis including instrument make and
model, reading times, calibrations factors applied and their derivation, etc.
•
Nature of quality control procedures adopted (e.g., standards, blanks,
duplicates, external laboratory checks) and whether acceptable levels of
accuracy (i.e., lack of bias) and precision have been established.
Verification of
sampling and
assaying
Location of data
points
Commentary
• The pXRF is an Olympus Vanta with the latest 2025 software and is calibrated
daily. Analysis method uses 3 beam analysis set to 10 sec per beam for 30
second read time.
• CRM is analysed every 20m of samples and has shown good repeatability.
• Results from historic drill assays are being checked against pXRF results as
applicable.
• pXRF results show some bias of lower Ag grades compared to lab assays in
these preliminary checks.
•
The verification of significant intersections by either independent or
alternative company personnel.
•
The use of twinned holes.
•
Documentation of primary data, data entry procedures, data verification, data
storage (physical and electronic) protocols.
•
Discuss any adjustment to assay data.
•
Accuracy and quality of surveys used to locate drill holes (collar and downhole surveys), trenches, mine workings and other locations used in Mineral
Resource estimation.
• 2025 drill holes are located using handheld GPS, with accuracy to within 5m.
Historic collars have been surveyed by DGPS in instances where they have
been found.
•
Specification of the grid system used.
•
Quality and adequacy of topographic control.
• 2025 drilling uses downhole gyro for surveys which is uploaded to the IMDEX
HUB-IQ cloud based storage
• pXRF data is exported digitally from devices for import into a digital database.
• pXRF results are not assay data, but <LOD (No Detection) readings from
pXRF have been changed to “0” to allow numerical interpretation of results. No
other changes or calibrations have been applied to the data. An internal
dilution factor of 50g/t over 1m has been applied in the determination of
interval grade for the mineralised intervals.
• A 0.5m DTM is used for topographic control.
• Data has been collected in GDA95 / MGA Zone 50
Data spacing
and distribution
Orientation of
data in relation
to geological
structure
•
Data spacing for reporting of Exploration Results.
• pXRF data is reported per 1m sample lengths.
•
Whether the data spacing, and distribution is sufficient to establish the
degree of geological and grade continuity appropriate for the Mineral
Resource and Ore Reserve estimation procedure(s) and classifications
applied.
• Samples have not been composited. Sample lengths reported reflect down
hole drill sample lengths and aggregates of it.
•
Whether sample compositing has been applied.
•
Whether the orientation of sampling achieves unbiased sampling of possible
structures and the extent to which this is known, considering the deposit
type.
WEST COAST SILVER LIMITED
ASX | WCE
• 3 readings taken at each sample location, just up-hole of meter mark.
• The drilling has an average dip of -61° across the program. The dip is
designed to intersect the mineralisation most effectively and be able to
penetrate the mineralised envelope fully, allowing calculation of ‘true
thicknesses’.
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ASX:WCE ANNOUNCEMENT
11th June 2025
Criteria
JORC Code explanation
•
Commentary
If the relationship between the drilling orientation and the orientation of key
mineralized structures is considered to have introduced a sampling bias, this
should be assessed and reported if material.
• Angled drilling is being used to investigate cross-cutting mineralised
structures, with assessment ongoing.
• The drill orientation is not expected to have introduced any sampling bias.
Sample security
•
The measures taken to ensure sample security.
• Not relevant for portable XRF analysis taken on site.
Audits or
reviews
•
The results of any audits or reviews of sampling techniques and data.
• No audits or reviews of the portable XRF sampling techniques and data has
taken place. pXRF results are preliminary only and only lab assays will be
used as quantitative analysis and in resource calculations.
SECTION 2 REPORTING OF EXPLORATION RESULTS – MAVERICK SPRINGS SILVER GOLD PROJECT
(Criteria listed in the preceding section also apply to this section.)
Criteria
Mineral
tenement and
land tenure
status
Exploration done
by other parties
Geology
JORC Code explanation
•
Type, reference name/number, location and ownership including agreements
or material issues with third parties such as joint ventures, partnerships,
overriding royalties, native title interests, historical sites, wilderness or
national park and environmental settings.
•
The security of the tenure held at the time of reporting along with any known
impediments to obtaining a licence to operate in the area.
•
Acknowledgment and appraisal of exploration by other parties.
•
Deposit type, geological setting and style of mineralisation.
WEST COAST SILVER LIMITED
ASX | WCE
Commentary
•
The results reported in this announcement refer to core from holes drilled
wholly on M47/342.
•
The tenement lies within the Ngarluma Native Title claim.
•
The tenement is in good standing with no known impediments.
•
The Elizabeth Hill deposit and adjoining area has been explored for Ni, Cu,
PGM, base metals, Li and Ag mineralisation since 1968 when US Steel
International Inc explored the area for base metals and nickel.
•
Massive silver was discovered in ~1994-1995 by Legend mining NL in a
precussion hole drilling program. Further drilling followed and in 1997 and
exploration shaft and drive was sunk by East Coast Minerals NL.
•
Underground mining at Elizabet Hill was conducted in 1999-2000 with
additional drilling completed by East Coast Minerals NL until the project was
sold to Global Strategic Metals NL in 2012. Alien Metals Ltd purchased lease
M47/342 in early 2020.
•
The Elizabeth Hills silver mineralisation is structurally controlled and is
located on the eastern boundary of the north-south trending Munni Munni
Fault. Mineralisation has been intersected over a 100m north-south zone
along the boundary of the Munni Munni Fault, plunging south along the
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ASX:WCE ANNOUNCEMENT
11th June 2025
Criteria
Drill hole
Information
Data aggregation
methods
Relationship
between
mineralisation
widths and
intercept lengths
JORC Code explanation
•
A summary of all information material to the understanding of the exploration
results including a tabulation of the following information for all Material drill
holes:
o easting and northing of the drill hole collar
o elevation or RL (Reduced Level – elevation above sea level in metres)
of the drill hole collar
o dip and azimuth of the hole
o down hole length and interception depth o hole length.
•
If the exclusion of this information is justified on the basis that the
information is not Material and this exclusion does not detract from the
understanding of the report, the Competent Person should clearly explain
why this is the case
•
In reporting Exploration Results, weighting averaging techniques, maximum
and/or minimum grade truncations (e.g., cutting of high grades) and cut-off
grades are usually Material and should be stated.
•
Where aggregate intercepts incorporate short lengths of high-grade results
and longer lengths of low-grade results, the procedure used for such
aggregation should be stated and some typical examples of such
aggregations should be shown in detail.
•
The assumptions used for any reporting of metal equivalent values should be
clearly stated
•
These relationships are particularly important in the reporting of Exploration
Results.
•
If the geometry of the mineralisation with respect to the drill hole angle is
known, its nature should be reported.
•
If it is not known and only the down hole lengths are reported, there should
be a clear statement to this effect (e.g., ‘down hole length, true width not
known’).
WEST COAST SILVER LIMITED
ASX | WCE
Commentary
granite contact. The zone has an east-west width of 15-20m with the highgrade core restricted to around 3m width in the region of the underground
workings. The mineralised zone is separated into several pods and occurs
within a quartz carbonate chalcedonic silica beccia that shows veining. The
silver occurs in fine disseminations, needles, veins, nuggets and platelets up
to several centimetres in diameter.
•
Drill information relevant to this release has been provided above in
Appendix 1.
•
2025 or historic drilling assay data referenced has previously been reported.
•
Length weighted portable XRF results have been compiled from raw data to
highlight mineralized intervals.
•
Drill hole intersections are not true widths due to sub vertical
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