Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest update is out from Errawarra Resources Ltd. ( (AU:WCE) ).
West Coast Silver has completed a high-resolution drone magnetic survey over about 14 square kilometres at its Elizabeth Hill silver project in Western Australia, refining the structural picture around the Munni Munni fault and nearby intrusions. The company says the work reveals the potential for a larger, structurally controlled silver system extending beyond the historical Elizabeth Hill mine.
The survey identified 20 structural targets where interpreted fault bends and intersections may trap silver mineralisation, eight of them within 1.2 kilometres of the old mine and six aligned to the south in a “pearls-on-a-string” pattern along the Munni Munni fault. Several targets coincide with anomalous surface geochemistry, aircore and diamond drilling results, and the data also highlight a new eastern structural corridor, supporting West Coast Silver’s plan to prioritise near-mine and regional drilling using integrated geophysics to pursue repeatable silver occurrences and associated critical metals.
More about Errawarra Resources Ltd.
West Coast Silver Limited is an Australian exploration company focused on silver and associated base metals in the Pilbara region of Western Australia. Its flagship asset is the Elizabeth Hill silver project, which includes the historical high-grade Elizabeth Hill mine and surrounding tenements prospective for structurally controlled mineralisation.
Average Trading Volume: 3,321,255
Technical Sentiment Signal: Buy
Current Market Cap: A$66.39M
See more insights into WCE stock on TipRanks’ Stock Analysis page.