InvestSMART

West Coast Silver Limited (ASX:WCE)

ALERT: Price-sensitive ASX Announcement for WCE
Current share price for WCE : $0.096 -0.004 (-4%)+
Announcement
Release
30 Jun 2026 8:09AM
Price at Release
$0.100
Full Release
download
Summary
West Coast Silver Limited has commenced a district-scale geophysics program at its Elizabeth Hill Silver Project in Western Australia, aiming to explore the Munni Munni Fault Zone for potential replicates of the historically high-grade silver system. The program utilizes advanced geophysical surveys, supported by a government grant, to identify new targets for future drilling. The initiative includes ongoing diamond drilling to extend known mineralisation and economic studies to support future project development.
Key Points
  • West Coast Silver Limited (ASX: WCE) is starting a district-scale geophysics program at the Elizabeth Hill Silver Project.
  • The program involves extensive Induced Polarisation (IP) and Controlled-Source Audio-frequency Magnetotellurics (CSAMT) surveys over the Munni Munni Fault Zone.
  • The surveys target potential repeats of the high-grade Elizabeth Hill silver system, which historically produced 1.2 Moz of silver.
  • The program is supported by a $114,312 grant from the Western Australian Exploration Incentive Scheme, covering 50% of program costs.
  • The surveys are conducted by Southern Geoscience Consultants and Zonge Engineering & Research Organisation.
  • Diamond drilling continues at Elizabeth Hill Mine to explore extensions of the silver mineralisation.
  • The project aims to define additional silver 'pearls' along the Munni Munni Fault Zone.
  • Further economic studies and regional exploration are planned to enhance the project’s development pathway.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.