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Errawarra Resources Ltd. ( (AU:WCE) ) has shared an announcement.
West Coast Silver has outlined a growth and development plan for its Elizabeth Hill Silver Project, anchored by a maiden JORC 2012 mineral resource estimate of 141,000 tonnes at 617 grams per tonne silver for 2.8 million ounces. The company aims to transition the project into a high-margin, low-capital-intensity operation via a shallow starter open pit and simple processing routes based on historically demonstrated metallurgical recoveries.
The strategy prioritises rapid de-risking through infill and step-out drilling, resource conversion from Inferred to Indicated, and further open pit optimisation and mine planning. With a granted mining lease, access to nearby processing at Radio Hill under an MOU, and proximity to established infrastructure and services in Karratha, West Coast Silver is positioning Elizabeth Hill for accelerated development, early cash flow, and potential project and valuation re-rating as key milestones such as a 2026 resource update and scoping study are delivered.
More about Errawarra Resources Ltd.
West Coast Silver Limited is an Australian exploration and development company focused on high-grade silver assets. Its flagship Elizabeth Hill Silver Project in Western Australia targets near-term production through open pit mining, leveraging existing mining leases, historic production data, and proximity to third-party processing infrastructure near Karratha.
Average Trading Volume: 1,580,346
Technical Sentiment Signal: Sell
Current Market Cap: A$46.81M
See more insights into WCE stock on TipRanks’ Stock Analysis page.