West Coast Silver Announces High Grade Silver Discovery at Elizabeth Hill
Key points
- High-grade silver discovery with 3m @ 524g/t Ag, including 1.5m @ 1,039g/t Ag.
- Significant near-surface mineralisation extensions beyond the current resource estimate.
- Intersection of nickel, copper, and palladium in addition to silver.
Full summary
West Coast Silver Limited (ASX: WCE) has announced significant high-grade silver and base metal intersections from diamond drilling at the Elizabeth Hill Project in Western Australia. The drilling has confirmed a new discrete zone of silver mineralisation below and separate from the previously mined Elizabeth Hill orebody. The best intersection was 3m @ 524g/t Ag from 183m, including 1.5m @ 1,039g/t Ag from 184.5m. Reverse circulation drilling has also extended the scale of silver mineralisation north and west of the Elizabeth Hill maiden Mineral Resource Estimate (MRE). The company is progressing with exploration diamond drilling and will report further assays through July and August.
Outlook
The company expects to update shareholders as further assay results are received over the coming months, with potential for new silver ounces and tonnes in the next MRE update.
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