West Coast Silver Ltd. Quarterly Activities and Cashflow Report
Key points
- Completed H1 2026 diamond drilling program with high-grade silver intercepts
- Secured oversubscribed $6.0 million Placement
- Appointed Sergei Smolonogov as Chief Executive Officer
Full summary
West Coast Silver Limited ('West Coast Silver', 'WCE' or the 'Company') continued to advance the Elizabeth Hill Silver Project during the quarter, completing its H1 2026 diamond drilling program, securing an oversubscribed $6.0 million Placement, and appointing Sergei Smolonogov as Chief Executive Officer. The Company is progressing toward an updated Mineral Resource Estimate in November 2026 and Scoping Study outcomes in Q1 2027. Results received during the quarter demonstrated high-grade silver within and below the April 2026 resource envelope and extended broad near-surface mineralisation to the west and north, while the grant of the Elizabeth Hill West tenement added a new priority near-mine silver target.
Outlook
West Coast Silver is funded to advance Elizabeth Hill through resource growth and into development studies. Key activities include an updated JORC 2012 MRE incorporating 2026 RC and diamond drilling, H2 2026 diamond drilling, and completion of the IP and CSAMT survey to generate drill targets for H1 2027.
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