West Coast Silver takes flight as drilling nabs bonanza silver prize

• West Coast hits 2m at 10,049g/t silver within 13m at 1615g/t at Elizabeth Hill
• Native silver observed; and bonus intersection of high-grade gold (1m at 11.1g/t Au) also noted in the same hole
• Assays pending from a further six diamond holes at the Elizabeth Hill project

Special Report: West Coast Silver’s maiden diamond program at Elizabeth Hill has returned further high-grade results, including 2m at 10,049 g/t Ag within 13m at 1,615 g/t Ag, with native silver logged and a 1m intercept grading 11.1 g/t Au.

Unlike the wooden spoon-bearing AFL team that shares its initials, the company has been on a tear since the first drill results arrived with a bang in mid-July 2025.

Investors cheered the 21m intersection grading 1047g/t silver from a down-hole depth of 10m that included a 1m interval at 15,071g/t from 27m that was returned in the very first hole and the subsequent results have kept shares in West Coast Silver (ASX:WCE) trading well above three times the 4.9c price at the beginning of this year.

This trend looks to continue with hole 25WCDD011 returning several significant high-grade silver zones such as:

• 17m at 858g/t Ag from 5m including 2m at 6349g/t Ag from 7m;
• 10m at 850g/t Ag from 47m including 3m at 2593g/t Ag from 50m; and
• 13m at 1615g/t Ag from 62m including 2m at 10,049/t Ag from 63m.

And if that wasn’t enough to liven spirits, the hole also intersected a 1m zone of high-grade gold at 11.1g/t from 51m along with the discovery of native silver, which has sparked the start of investigations into the viability of simple and low-cost gravity separation to recover free silver.

The market clearly believes the results more than achieve the hole’s goal of testing for depth and mineralisation continuity at Elizabeth Hill with shares in the company rising 13.51% to 21c on opening.

“We are extremely pleased with the delivery of more outstanding results from our maiden drill program at Elizabeth Hill,” executive chairman Bruce Garlick said. 

“We have intersected more high-grade silver from surface and with grades up to 10,049g/t we are now very confident in the near-surface potential at Elizabeth Hill. 

“What is even more encouraging is the intersection of high-grade gold up to 11.1g/t in hole 25WCDD011.”

Elizabeth Hill project

Elizabeth Hill (Pilbara, ~180 km²) hosts one of Australia’s highest-grade historic silver mines, which produced ~1.2Moz at 2,194 g/t Ag before closing in 2000 amid ~US$5/oz silver prices.

Elizabeth Hill previously produced 1.2Moz of silver from just 16,000t of ore grading 2194g/t Ag in 2000 before it closed due to a low silver price of US$5 an ounce.

Reinforcing the discovery of native silver in hole 25WCDD011, native silver in the historically mined ore was recovered using gravity recovery.

The land package also holds a significant portion of the Munni Munni fault system which is considered prospective for Elizabeth Hill look-a-like silver deposits.

Assays have now been received for six diamond holes drilled at the Elizabeth Hill project with four returning significant silver intersections.

Assay results for another six holes are expected to be returned within 4-6 weeks.

This article was developed in collaboration with West Coast Silver, a Stockhead advertiser at the time of publishing. 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.