West Coast Silver Limited (ASX: WCE) has identified a new high-grade silver discovery at its Elizabeth Hill project in Western Australia. Recent diamond drilling returned an intercept of 3 meters at 524g/t silver from 183 meters depth, which includes a 1.5-meter interval grading 1,039g/t silver.

"We are excited by the outcomes of these diamond and RC drilling campaigns at Elizabeth Hill and Elizabeth Hill North. The identification of high-grade silver at depth in 26WCDD029 (3m @ 524g/t Ag from 183m; including 1.5m @ 1,039g/t Ag from 184.5m) and broad, near-surface silver zones of up to 44m downhole extent, together with mineralisation extending beyond the current resource boundary, demonstrates the increasing scale of the Elizabeth Hill silver system and reinforces its significant resource growth potential."

— Bruce Garlick, Executive Chairman

This latest intersection successfully connects previous drill data to define a mineralized trend spanning approximately 50 meters. The project is currently a core focus for the company, which is prioritizing deep diamond drilling to better understand mineralized zones offset from the historical Munni Munni Fault. In addition to the silver discovery, diamond drilling also intercepted massive sulphides, returning 2.73% nickel, 0.93% copper, and 0.7g/t palladium over 0.45 meters.

Separately, reverse circulation drilling has expanded the footprint of near-surface silver mineralization outside of the resource estimate established in April 2026. Notable results from this program include 44 meters at 26g/t silver from surface and 41 meters at 23g/t silver. These updates provide further operational clarity as the company continues to refine its geological model across the broader site.

Exploration efforts remain active, with final planned diamond holes currently underway at the site. The company expects to report further assay results from this ongoing drilling campaign throughout the remainder of July and August 2026 as it works to fully delineate these new zones of mineralization.

Read the full announcement: Elizabeth Hill New High Grade Silver Discovery