Bonanza Silver Hits at Elizabeth Hill
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
4 February 2026
27.4m @ 1,314 g/t Silver Drilled at Elizabeth Hill
Bonanza Silver Grades up to 33,107 g/t (1,064 oz/t) over 0.35 m
• Native silver intersected in multiple drill holes, with assays returning exceptionally
high grades and broad zones of high-grade mineralisation.
• Silver mineralisation in 25WCDD019 highlights exploration opportunities further
northwest than any prior drilling, suggesting the mineralised system is still open and
may extend significantly along the strike.
• Furthermore, high grade drill results from 25WCDD019 and 25WCDD020 are hosted
almost entirely in granite, unlike previous ultramafic dominated mineralisation,
encouraging further exploration to the west of the main mineralised zone.
Hole ID Length (m) Ag (g/t) Ag (oz/t) From (m)
25WCDD014 27.4 1,314 42 49
including 4.15 3,677 118 52.85
included within 0.4 16,291 524 53.7
and included within 0.9 5,290 170 54.1
and including 0.28 5,660 182 66.15
and including 2.4 7,288 234 74
Included within 0.35 33,107 1,064 74.6
and included within 0.25 17,534 564 74.95
25WCDD019 22 578 19 6
including 0.9 9,070 292 9
25WCDD020 25.8 151 5 20
including 0.63 1,590 51 27.37
25WCDD022 1.95 1,252 40 54.6
including 1.2 1,894 61 54.6
Note: Lengths are down hole lengths not true widths; 1 oz = 31.1035g; results rounded to nearest whole number
• Results strengthen confidence in a laterally extensive, high-grade silver system and
validate historical results.
• Assay results for 76 aircore drill holes for 1,060m completed in November 2025,
expected mid-February 2026, with follow-up drilling planned.
Highlights
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4 February 2026
WEST COAST SILVER LIMITED ASX | WCE Page 2
Photo 1: Photograph of sectioned and preserved half HQ3 drill core (25WCDD014) at 75.05m to 75.15m. This drill core shows
2mm to 4mm grains of native silver hosted within and adjacent to 5cm thick carbonate vein in an ultramafic host rock.
West Coast Silver Limited (ASX: WCE) (‘West Coast Silver’ or the ‘Company’) is pleased to advise
assay results for diamond drill program (13 holes for 1,015.25m: 25WCDD013-025) have been received
from the Phase 2 diamond drilling program at the Elizabeth Hill Joint Venture Project (WCE 70%, Alien
Metals 30%) (‘Elizabeth Hill’) near Karratha, Pilbara region of Western Australia (Figure 1, Figure 3).
Executive Director Bruce Garlick commented:
The Board is very encouraged by the results delivered from this Phase 2 drilling program at Elizabeth Hill.
The confirmation of multiple near-surface and bonanza-grade silver intersections reinforces Elizabeth
Hill’s standing as one of Australia’s highest-grade silver projects.
Of particular significance is the extension of high-grade mineralisation beyond the previously drilled
footprint. High-grade silver intersected in drill hole 25WCDD019 further toward the northwest
highlights the potential for the mineralised system to extend well beyond existing drilling, clearly
indicating that the Elizabeth Hill trend remains open.
In addition, the intersection of long intervals of mineralisation in 25WCDD019 (22.0m @ 578g/t Ag) and
25WCDD020 (24.8m @ 151g/t Au), predominately intersected in the hanging wall granite is highly
important for further exploration as mineralisation of this magnitude has not previously recognised
this far into the granite, opening up the likelihood of further granite hosted mineralisation.
The latest drilling has increased confidence in the scale potential of the silver mineralised system at
Elizabeth Hill. The Board looks forward to updating shareholders as the Company advances the Project
through the next phase of exploration in 2026.
ASX:WCE ANNOUNCEMENT
4 February 2026
WEST COAST SILVER LIMITED ASX | WCE Page 3
DRILLING RESULTS
Nine of the 13 diamond drill holes intersected significant high-grade silver mineralisation. The highest-
grade intersection was returned from drill hole 25WCDD014:
• 27.4m @ 1,314g/t Ag (42 oz/t) from 49m, including multiple bonanza-grade intervals.
Photo 1 demonstrates the distribution and form of silver mineralisation in drill hole 25WCDD014.
Further intervals of native silver identified in 25WCDD014 drill core (Photos 2 to 4 and WCE ASX
Announcement dated 5 November 2025). The significant high-grade silver intersections include:
• 4.15m @ 3,677g/t Ag (118 oz/t) from 52.85m down hole including 0.4m @ 16,291g/t Ag (524
oz/t) from 53.70m and 0.9m @ 5,290g/t Ag (170 oz/t) from 54.10m.
• 0.28m @ 5,660g/t Ag (182 oz/t) from 66.15m down hole.
• 2.4m @ 7,288g/t Ag (234 oz/t) from 74.00m down hole including 0.35m @ 33,107g/t Ag (1,064
oz/t) from 74.6m and 0.25m @ 17,534g/t Ag (564 oz/t) from 74.95m.
Drill hole 25WCDD014 intersected native silver in veins and stockworks and terminated in historical
mine workings (Figure 1 and 2). The bonanza-grade results provide insight into the grades historically
mined at Elizabeth Hill and indicate the presence of additional high-grade silver mineralisation beyond
that previously interpreted from historical drilling.
Drill hole 25WCDD019 intersected a broad zone of near-surface silver mineralisation:
• 22.0m @ 578g/t Ag (19 oz/t) from 6m, including 0.9m @ 9,070g/t Ag (292 oz/t)
This hole was drilled on the northernmost drill line and intersected mineralisation further west than
previously tested, suggesting a change in strike of the Munni Munni fault and indicating that
mineralisation remains open to the northwest.
Drill hole 25WCDD022 intersected high-grade silver mineralisation, returning:
• 1.95m @ 1,252g/t Ag (40 oz/t) from 54.6m, including 1.20m @ 1,894g/t Ag (61 oz/t)
Mineralisation in 25WCDD022 was associated with sulphide-bearing carbonate veins in ultramafic
rocks adjacent to historical stopes.
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4 February 2026
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Figure 1: Location of significant silver intercepts in Phase 1 and 2 Elizabeth Hill 2025 diamond drill holes
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4 February 2026
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Figure 2: Long section highlights the southerly plunge of silver mineralization from gram-metre plot (grade g/t Ag x intercept m’s) of all drilling results. Elizabeth Hill silver deposit highlighting the
significant assay drill results. Note: Phase 2 diamond drill hole traces (25WCDD013-025) are shown in their entirety and are projected onto the long section plane.
ASX:WCE ANNOUNCEMENT
4 February 2026
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Photo 2: Photograph of cut half HQ3 drill core (25WCDD014) from 53.45m to 54.18m showing 2mm to 4mm grains of native
silver hosted within and adjacent to 1cm to 3cm thick carbonate veins in an ultramafic host rock.
Note: Intervals shown in the photo are contained within the assay intervals in the text above, but do not show the entire
interval.
Photo 3: Photograph of cut half HQ3 drill core (25WCDD014) from 65.96m to 66.60m showing 1% visually estimated, 2mm to
3mm long native silver grains hosted in and adjacent to 1cm to 10cm thick carbonate veins in an ultramafic host rock.
Note: Intervals shown in the photo are contained within the assay intervals in the text above, but do not show the entire
interval.
ASX:WCE ANNOUNCEMENT
4 February 2026
WEST COAST SILVER LIMITED ASX | WCE Page 7
Photo 4: Photograph of cut half HQ3 drill core (25WCDD014) from 74.42m to 75.11m showing 1% visually estimated, 2mm to
4mm long native silver grains hosted within and adjacent to 1cm to 3cm thick carbonate veins in an ultramafic host rock.
Note: Intervals shown in the photo are contained within the assay intervals in the text above, but do not show the entire interval.
EXPLORATION IMPLICATIONS
The drilling has confirmed extensive high-grade silver mineralisation close to surface and immediately
above historical mine workings. The results support West Coast’s interpretation that the southerly
plunge of silver mineralisation broadens as it flattens and approaches surface, creating additional near-
surface targets for further exploration (Figure 2).
High-grade silver intercepts in drill hole 25WCDD019 represent the most north-westerly mineralisation
intersected to date. The change in the strike of mineralisation corresponds with an interpreted change
in the direction of the Munni Munni fault, indicating the mineralised trend remains open to the northwest
and may host additional high-grade silver mineralisation.
The consistency of high-grade results validates historical drilling and provides confidence to expand
exploration beyond the historically mined areas.
NEXT STEPS
Following the high-grade results intersected in the 2025 diamond drilling programs (Phase 1 and 2), the
Company will progress exploration at Elizabeth Hill in a structured and disciplined manner.
• Results from the 76-hole (1,060m) aircore drill program completed in November 2025. Pending
results are expected in mid-February 2026. It is anticipated the results will further refine targets for
near-surface silver mineralisation and prioritising follow-up RC and diamond drilling.
• Detailed geological and structural review of all 2025 drilling data, including the interpreted
change in strike and plunge of mineralisation, particularly the newly identified targets in the
northwest of the Elizabeth Hill Project. Planning of follow-up drilling, subject to results and
approvals, targeting near-surface and near-mine extensions of known mineralisation.
• Further drilling planned targeting on:
- extensions of high-grade mineralisation along strike and at depth.
- near-mine targets adjacent to historical workings.
- priority targets identified from aircore drilling and the new geological reinterpretation.
• Surface and down-hole geophysical surveys to improve targeting and support drill planning during
2026.
• JORC Mineral Resource Estimate and economic study of near surface mineralisation being
undertaken to support ongoing evaluation of a development pathway.
ASX:WCE ANNOUNCEMENT
4 February 2026
WEST COAST SILVER LIMITED ASX | WCE Page 8
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 3: 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
ASX:WCE ANNOUNCEMENT
4 February 2026
WEST COAST SILVER LIMITED ASX | WCE Page 9
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 announcement that relates to Exploration Results is based on information reviewed by Mr Max Nind who
is a Member of the Australian Institute of Geoscientists. Mr Nind is a consultant to West Coast Silver and a full-time employee
of ERM Australia Consultants Pty Ltd.
Mr Nind 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 Joint Ore Reserves
Committee (JORC) ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’, and a
Specialist under the VALMIN Code 2015 Edition of the ‘Australasian Code for Public Reporting of Technical Assessments and
Valuations of Mineral Assets’. Mr Nind consents to the inclusion in the announcement of the matters based on this 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.
ASX:WCE ANNOUNCEMENT
4 February 2026
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CROSS SECTIONS
Drill Holes 25WCDD019 and 25WCDD021
Drill holes 25WCDD019 and 25WCDD021 were designed to test near surface mineralisation at the ultramafic-
granite contact where it is intersected by the subvertical Munni Munni Fault (Figures 1, 2 and 4).
Drill hole 25WCDD019 was designed to twin historical reverse circulation percussion (RC) drill hole EC079,
intersected silver mineralisation hosted within carbonate veins and iron-oxide rich veinlets, with associated
malachite and black sulphide minerals, as previously reported (refer to WCE ASX Announcement dated 5
November 2025). Assay results returned a significant intersection of 22m @ 578g/t Ag from 6m, including 0.9m @
9,070g/t Ag from 9m.
The wide intersection of silver mineralisation in 25WCDD019 within the Munni Munni Fault and its hangingwall
validates the silver mineralisation in EC079 and extends it by another 8m down hole beyond the end of historical
drilling. The results indicate that mineralisation remains open to the northwest along a flexure in the Munni Munni
fault, with further drilling required to test this interpretation.
Drill hole 25WCDD021 was designed to target mineralisation east and below historical RC hole EC080 (Figure 4).
The significant intersections in the drill hole confirm the targeting criteria and include 3.2m @ 46g/t Ag from 8m,
5m @ 27g/t Ag from 16m and 7.52m @ 28g/t Ag from 28.48m.
Figure 4: Cross section A-A’ - 2025 drill holes 25WCDD019 and 25WCDD021 and historical drilling assay results. The dip of
mineralisation and sheeted vein/stockwork zone may be an apparent dip due to the Munni Munni fault flexing northwest.
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Drill Holes 25WCDD016 and 25WCDD020
Drill holes 25WCDD016 and 25WCDD020 were designed to test the interaction of the Munni Munni fault and
granite-ultramafic contact in the northern up-plunge position of the Elizabeth Hill mineralisation (Figures 1, 2 and
5). These drill intersections represent the oxidised expression of the deeper native silver and silver sulphide
mineralisation.
Drill hole 25WCDD020, drilled to twin historical RC drill hole EC072, intersecting both primary and secondary
silver minerals associated with carbonate veins at shallow depth, with silver mineralisation and minor galena and
sphalerite within a brecciated, quartz-veined zone. Assay results of 4m @ 36g/t Ag from 5m, 1m @ 28g/t Ag from
12m, 1.16m @ 26g/t Ag from 15.84m, and 25.8m @ 151g/t Ag from 20m broadly confirm historical results and
extend mineralisation to greater depth and further west.
Drill hole 25WCDD016 intersected low-grade silver mineralisation up to 21.9g/t Ag associated with iron oxide
minerals in a carbonate matrix (Appendix 3) (WCE ASX Announcement dated 5 November 2025). The Company
interprets the main silver mineralisation to plunge to the south, with 25WCDD016 intersecting below the
interpreted plunging mineralised zone.
Figure 5: Cross section B-B’ - 2025 drill holes 25WCDD016 and 25WCDD020 and historical drilling assay results
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Drill Hole 25WCDD015
Drill hole 25WCDD015 was designed to test for down-plunge extensions of high-grade silver mineralisation along
the Munni Munni fault (Figure1, 2 and 6). This drill hole intersected intensely silicified granite within the fault zone
and at the ultramafic-granite contact withno significant silver mineralisation intersected. WCE interprets the silver
mineralisation in the upper parts of the section plunges to the south, with 25WCDD015 intersected below the
interpreted plunging mineralised zone.
Figure 6: Cross section C-C’ - 2025 drill hole 25WCDD015 (NSI) and historical drilling assay results
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Drill Holes 25WCDD013 and 25WCDD014
Drill holes 25WCDD013 and 25WCDD014 targeted the interaction of the Munni Munni fault and granite-ultramafic
contact, and mineralisation at the upper portion of the Elizabeth Hill mine sequence (Figures 1, 2 and 7).
Drill hole 25WCDD014 targeted extensions of mineralisation to the east and beneath historical RC drill hole
EC097. Geological logging identified three intervals with native silver hosted within and adjacent to carbonate
veins, as previously reported (WCE ASX Announcement dated 5 November 2025). These logging observations
supported by assay results include:
• 27.4m @ 1,314g/t Ag from 49m down hole.
• including 4.15m @ 3,677g/t Ag from 52.85m.
• included within 0.4m @ 16,291g/t Ag from 53.70m and 0.9m @ 5,290g/t Ag from 54.10m.
• including 0.28m @ 5,660g/t Ag from 66.15m.
• including 2.4m @ 7,288g/t Ag from 74.00m.
• included within 0.35m @ 33,107g/t Ag from 74.6m and 0.25m @ 17,534g/t Ag from 74.95m.
Drill hole 25WCDD013, drilled as a twin to historical RC drill holes EC094 and EC095, intersected oxidised
carbonate-quartz veins and secondary minerals consistent with historical observations. Assay results of 15m @
41g/t Ag from 11m down hole and 6m @ 37g/t Ag from 32.00m down hole confirm the historical drilling results.
Figure 7: Cross section D-D’ - mineralisation outline and silver mineralisation in 25WCDD013 and 25WCDD014
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Drill Holes 25WCDD017 and 25WCDD018
Drill holes 25WCDD017 and 25WCDD018 were designed to test the ultramafic-granite contact and Munni Munni
fault (Figures 1, 2 and 8).
Drill hole 25WCDD017, drilled as a twin to historical RC drill hole EC100, intersected silver mineralisation
including trace native silver, occurring as 1mm to 2mm grains at 43.61m within a quartz vein in a late fracture (refer
to WCE ASX Announcement dated 5 November 2025). The drill hole intersected 3m @ 31g/t Ag from 26m down
hole, and 15.75m @ 64g/t Ag from 34.25m down hole validating the historical results in EC100 (Figure 8).
Drill hole 25WCDD018, drilled as twin to historical RC hole EC098, intersected silver mineralisation with galena
and jarosite at 21.43m (refer to WCE ASX Announcement dated 5 November 2025) with significant intersections
including 0.67m @ 45g/t Ag from 15.33m down hole, 2.69m @ 53g/t Ag from 20.31m down hole, and 1m @ 27g/t
Ag from 27m down hole confirming the historical silver mineralisation intersected in EC098 (Figure 8).
Figure 8: Cross section E-E’ - 2025 drill holes 25WCDD017 and 25WCDD018 and historical drilling assay results
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Drill Holes 25WCDD022 and 25WCDD024
Drill holes 25WCDD022 and 25WCDD024 were designed to test the vertical ultramafic-granite contact and the
Munni Munni fault at Elizabeth Hill (Figure 1, 2 and 9).
Drill hole 25WCDD022 was targeted to twin historical RC drill hole EC105, intersected silver sulphide
mineralisation at 54.95m, with silver mineralisation associated with sphalerite between 55.75m and 55.90m.
Assay results returned multiple silver intersections including 1m @ 40g/t Ag from 42m down hole, 4.1m @ 91g/t
Ag from 48m down hole and high-grade intersection of 1.95m @ 1,252g/t Ag from 54.60m down hole that includes
1.2m @ 1,894g/t Ag from 54.60m down hole. These results validate the historical silver intersection in EC105.
Drill hole 25WCDD024 drilled as a twin of historical RC hole EC112. No visible silver mineralisation was identified
during the logging; however, assay results returned a silver intersection of 1.2m @ 62g/t Ag from 27.8m down hole,
confirming the historical intersection in RC hole EC112.
Figure 9: Cross section F-F’ - 2025 drill holes 25WCDD022 and 25WCDD024 and historical drilling assay results
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Drill Holes 25WCDD023 and 25WCDD025
Drill holes 25WCDD023 and 25WCDD025 were designed to test the ultramafic-granite contact and Munni Munni
fault below and to the south of the historical underground workings (Figure 1, 2 and 10).
Drill hole 25WCDD025 intersected an extensive sheeted and stockwork vein system and silicified alteration zone
between 174.45m and 208.55m, returning lower grade silver mineralisation up to 15.7g/t Ag.
Drill hole 25WCDD023 intersected sheeted quartz-carbonate between 195.00m and 202.00m, with silicified
alteration of granite intersected between 204.00m and 217.00m. Low-grade silver mineralisation up 12.25g/t Ag
was returned.
The low-grade Ag mineralisation in 25WCDD023 and 25WCDD025 is consistent with the lower grade halo mine
sequence peripheral to the high-grade intercept reported in historical diamond drill hole UGD84 (2m @ 1,995g/t
Ag from 61m down hole).
Figure 10: Cross section G-G’ – 2025 drill holes 25WCDD023 and 25WCDD025 and historical drilling assay results
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Appendix 1: Drill Hole Collar Details
Drill Hole ID Easting (m) Northing (m) RL (mASL) Azimuth (°) Dip (°) Drilled Depth(m)
25WCDD013 487028.1 7667921.3 86.9 270 -60 38.90
25WCDD014 487058.0 7667920.8 88.7 270 -60 76.40
25WCDD015 487056.4 7667931.8 87.6 270 -60 76.90
25WCDD016 487052.4 7667946.2 86.7 270 -60 64.90
25WCDD017 487041.2 7667911.8 87.6 270 -60 66.00
25WCDD018 487027.4 7667911.4 86.7 270 -60 33.50
25WCDD019 487030.7 7667956.6 86.1 270 -60 30.40
25WCDD020 487037.2 7667946.5 86.3 270 -60 47.00
25WCDD021 487045.7 7667956.8 85.9 270 -60 53.00
25WCDD022 487046.9 7667901.4 87.7 270 -60 56.55
25WCDD023 487111.7 7667823.9 90.4 270 -60 221.80
25WCDD024 487031.3 7667901.5 86.6 270 -60 40.00
25WCDD025 487095.9 7667826.3 89.2 270 -60 209.90
Note: Grid coordinate system is GDA2020 Zone 50
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Appendix 2: Significant Silver Intercepts in January 2026
Diamond Drill Holes
Hole
From
(m)
To (m)
Interval
(m)
Ag (g/t)
Ag
(oz/t)
Including
From
(m)
To
(m)
Interval (m) Ag (g/t)
Ag
(oz/t)
25WCDD013 11 26 15 41 1.3
25WCDD013 32 38 6 37 1.2
25WCDD014 32.76 33.6 0.84 81 2.6
25WCDD014 49 76.4 27.4 1,314 42.2 including 52.85 57 4.15 3,677 118.2
included
within
53.7 54.1 0.4 16,291 523.8
also
included
within
54.1 55 0.9 5,290 170.1
and
including
66.15 66.43 0.28 5,660 182.0
and
including
74 76.4 2.4 7,288 234.3
included
within
74.6 74.95 0.35 33,107 1,064.4
also
included
within
74.95 75.2 0.25 17,534 563.7
25WCDD017 26 29 3 31 1.0
25WCDD017 34.25 50 15.75 64 2.1
25WCDD018 15.33 16 0.67 45 1.4
25WCDD018 20.31 23 2.69 53 1.7
25WCDD018 27 28 1 27 0.9
25WCDD019 6 28 22 578 18.6 including 9 9.9 0.9 9,070 291.6
25WCDD020 5 9 4 36 1.2
25WCDD020 12 13 1 28 0.9
25WCDD020 15.84 17 1.16 26 0.8
25WCDD020 20 45.8 25.8 151 4.9 including 27.37 28 0.63 1,590 51.1
25WCDD021 8 11.2 3.2 46 1.5
25WCDD021 16 21 5 27 0.9
25WCDD021 28.48 36 7.52 28 0.9
25WCDD022 42 43 1 40 1.3
25WCDD022 48 52.1 4.1 91 2.9
25WCDD022 54.6 56.55 1.95 1,252 40.3 including 54.6 55.8 1.2 1,894 60.9
25WCDD024 27.8 29 1.2 62 2.0
Note: 25g/t Ag cut off for significant intercepts 500g/t Ag cut off for very high grade intervals within the significant intercepts
Intervals are down hole lengths not true widths; 1 oz = 31.1035g
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Appendix 3: January 2026 Diamond Drill Assay Results
Hole ID From (m) To (m) Interval (m) Ag (g/t) Ag (oz/t) Cu (ppm) Ni (ppm) Pb (ppm) Zn (ppm)
25WCDD013 0.27 1 0.73 4.26 0.137 299.0 660.0 1.9 50
25WCDD013 1 2 1 1.75 0.056 919.0 882.0 2.3 66
25WCDD013 2 3 1 0.40 0.013 593.0 720.0 3.5 76
25WCDD013 3 4.07 1.07 1.56 0.050 489.0 714.0 51.1 98
25WCDD013 4.07 5.29 1.22 5.23 0.168 171.0 786.0 32.4 99
25WCDD013 5.29 6 0.71 0.73 0.023 217.0 949.0 7.0 97
25WCDD013 6 7 1 0.59 0.019 622.0 888.0 5.1 86
25WCDD013 7 7.96 0.96 0.88 0.028 214.0 877.0 10.8 88
25WCDD013 7.96 8.52 0.56 4.51 0.145 191.5 995.0 14.5 73
25WCDD013 8.52 9 0.48 3.18 0.102 207.0 2,550.0 38.7 275
25WCDD013 9 9.39 0.39 3.09 0.099 377.0 4,920.0 119.5 648
25WCDD013 9.39 10 0.61 1.65 0.053 459.0 2,010.0 58.8 219
25WCDD013 10 11 1 16.20 0.521 788.0 1,210.0 102.5 121
25WCDD013 11 12 1 28.60 0.920 680.0 679.0 39.6 76
25WCDD013 12 13 1 31.50 1.013 797.0 858.0 60.0 72
25WCDD013 13 14 1 33.20 1.067 1,220.0 1,040.0 13.5 70
25WCDD013 14 14.86 0.86 37.50 1.206 521.0 770.0 26.0 78
25WCDD013 14.86 16 1.14 124.00 3.987 714.0 802.0 40.5 90
25WCDD013 16 17.11 1.11 68.90 2.215 831.0 703.0 82.0 123
25WCDD013 17.11 18 0.89 17.05 0.548 1,880.0 1,505.0 635.0 459
25WCDD013 18 19 1 31.20 1.003 693.0 424.0 1,305.0 499
25WCDD013 19 19.49 0.49 36.90 1.186 517.0 327.0 1,765.0 751
25WCDD013 19.49 20 0.51 12.05 0.387 2,220.0 1,060.0 5,810.0 2,130
25WCDD013 20 21.18 1.18 28.80 0.926 1,315.0 816.0 3,980.0 2,220
25WCDD013 21.18 22 0.82 19.75 0.635 415.0 361.0 2,510.0 972
25WCDD013 22 23.2 1.2 22.60 0.727 416.0 454.0 3,880.0 1,250
25WCDD013 23.2 24 0.8 45.90 1.476 41.7 32.9 763.0 51
25WCDD013 24 25 1 54.00 1.736 66.3 27.3 620.0 68
25WCDD013 25 26 1 34.50 1.109 37.0 25.2 247.0 59
25WCDD013 26 27 1 17.50 0.563 22.3 17.2 81.7 38
25WCDD013 27 28 1 18.10 0.582 21.1 11.5 59.3 30
25WCDD013 28 28.3 0.3 18.75 0.603 18.2 7.0 69.8 20
25WCDD013 28.3 29 0.7 17.55 0.564 15.5 9.1 42.2 21
25WCDD013 29 30 1 15.55 0.500 63.9 24.0 216.0 75
25WCDD013 30 31 1 15.85 0.510 89.7 28.3 374.0 100
25WCDD013 31 32 1 15.00 0.482 38.9 20.0 108.5 64
25WCDD013 32 33 1 26.40 0.849 14.8 9.0 39.7 20
25WCDD013 33 34 1 27.20 0.874 26.1 4.8 123.5 17
25WCDD013 34 35 1 33.10 1.064 28.2 72.8 106.5 34
25WCDD013 35 36.2 1.2 52.60 1.691 58.8 10.4 324.0 29
25WCDD013 36.2 37 0.8 43.20 1.389 23.6 21.0 40.7 60
25WCDD013 37 38 1 37.40 1.202 24.8 20.6 33.8 61
25WCDD013 38 38.9 0.9 24.50 0.788 41.7 32.9 46.5 94
25WCDD014 0.15 1 0.85 0.48 0.015 384.0 673.0 2.1 54
ASX:WCE ANNOUNCEMENT
4 February 2026
WEST COAST SILVER LIMITED ASX | WCE Page 20
Hole ID From (m) To (m) Interval (m) Ag (g/t) Ag (oz/t) Cu (ppm) Ni (ppm) Pb (ppm) Zn (ppm)
25WCDD014 1 2 1 0.39 0.013 486.0 749.0 2.3 64
25WCDD014 2 3.13 1.13 0.29 0.009 933.0 1,720.0 1.5 68
25WCDD014 3.13 4 0.87 0.21 0.007 1,010.0 1,215.0 1.4 58
25WCDD014 4 5 1 0.35 0.011 451.0 809.0 1.0 50
25WCDD014 5 6 1 0.26 0.008 347.0 711.0 0.8 53
25WCDD014 6 6.35 0.35 0.19 0.006 273.0 860.0 1.0 57
25WCDD014 6.35 7 0.65 1.11 0.036 621.0 912.0 1.1 55
25WCDD014 7 8 1 1.00 0.032 1,080.0 1,005.0 2.2 72
25WCDD014 8 9.04 1.04 0.89 0.029 1,740.0 1,285.0 3.1 76
25WCDD014 9.04 10 0.96 0.94 0.030 1,245.0 1,025.0 2.3 79
25WCDD014 10 11 1 1.40 0.045 1,455.0 1,120.0 3.4 74
25WCDD014 11 12 1 0.61 0.020 751.0 806.0 2.3 71
25WCDD014 12 13 1 0.64 0.021 890.0 782.0 7.6 75
25WCDD014 13 14 1 0.58 0.019 758.0 671.0 3.4 76
25WCDD014 14 15 1 0.16 0.005 216.0 581.0 3.3 73
25WCDD014 15 16 1 0.09 0.003 116.5 506.0 1.4 67
25WCDD014 16 17 1 0.20 0.006 175.0 526.0 1.5 62
25WCDD014 17 18.15 1.15 0.61 0.020 573.0 786.0 2.3 69
25WCDD014 18.15 19 0.85 1.24 0.040 1,070.0 1,100.0 2.4 75
25WCDD014 19 20 1 2.02 0.065 1,455.0 1,195.0 3.6 78
25WCDD014 20 20.35 0.35 2.27 0.073 1,300.0 1,080.0 2.7 75
25WCDD014 20.35 21 0.65 2.79 0.090 1,430.0 1,170.0 3.3 76
25WCDD014 21 22 1 0.78 0.025 370.0 579.0 3.2 76
25WCDD014 22 23 1 1.04 0.033 338.0 550.0 3.7 66
25WCDD014 23 24 1 1.75 0.056 429.0 767.0 3.4 65
25WCDD014 24 24.38 0.38 0.36 0.012 269.0 689.0 4.1 71
25WCDD014 24.38 25 0.62 0.30 0.010 719.0 881.0 8.3 96
25WCDD014 25 26 1 0.44 0.014 789.0 906.0 14.4 129
25WCDD014 26 27 1 0.95 0.031 728.0 765.0 15.4 165
25WCDD014 27 27.63 0.63 0.53 0.017 701.0 765.0 8.5 114
25WCDD014 27.63 28 0.37 2.48 0.080 601.0 575.0 44.7 102
25WCDD014 28 29 1 4.03 0.130 319.0 501.0 18.8 92
25WCDD014 29 30 1 2.13 0.068 432.0 520.0 140.5 109
25WCDD014 30 31 1 4.12 0.132 1,000.0 989.0 51.6 94
25WCDD014 31 32 1 2.27 0.073 549.0 626.0 46.5 85
25WCDD014 32 32.76 0.76 2.37 0.076 225.0 457.0 944.0 259
25WCDD014 32.76 33.6 0.84 80.50 2.588 693.0 634.0 31,000.0 644
25WCDD014 33.6 34 0.4 6.52 0.210 470.0 639.0 103.5 227
25WCDD014 34 35 1 3.25 0.104 392.0 595.0 397.0 214
25WCDD014 35 35.95 0.95 4.88 0.157 416.0 608.0 33.3 78
25WCDD014 35.95 37.22 1.27 2.19 0.070 485.0 715.0 16.1 91
25WCDD014 37.22 38 0.78 2.53 0.081 283.0 621.0 16.5 87
25WCDD014 38 39 1 3.71 0.119 301.0 564.0 25.7 83
25WCDD014 3
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