InvestSMART

West Coast Silver Limited (ASX:WCE)

ALERT: Price-sensitive ASX Announcement for WCE
Current share price for WCE : $0.062 -0.033 (-34.74%)+
Announcement
Release
28 Jul 2026 2:18PM
Price at Release
$0.095
Full Release
download
Summary
West Coast Silver Limited and its farm-in partner, Falcon Metals Limited, have secured all necessary regulatory and heritage approvals to begin their maiden RC drilling at the Olsen Well gold target within the Errabiddy Gold Project. Falcon Metals can earn up to a 70% interest in the project, excluding graphite rights, which remain with West Coast Silver. The drilling, funded by Falcon, will commence this quarter, targeting gold mineralization in a highly prospective yet underexplored area along the Errabiddy shear zone, a craton-margin gold target in Western Australia. The project is supported by the Western Australian Government's Exploration Incentive Scheme (EIS) with a $180,000 co-funding grant.
Key Points
  • Falcon Metals Limited secures approvals to drill at Errabiddy Gold Project.
  • Falcon can earn a 70% interest in the project, excluding graphite rights.
  • Drilling targets Olsen Well gold zone; funded by Falcon.
  • Drilling to commence this quarter, no cost to West Coast Silver.
  • Errabiddy shear zone is a craton-margin gold target.
  • Western Australian Government awards $180,000 EIS funding.
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.