WCE: Quarterly Activities and Cashflow Report

Original announcement by asx on

Company
West Coast Silver Limited
Ticker
WCE
Exchange
ASX
Region
Pilbara, Western Australia
Primary commodity
Silver
Secondary commodities
Nickel, Copper, Palladium
Document categories
Drill results, Capital raise, Permitting
Extracted
2026-10-14 22:35:02 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

West Coast Silver Limited reported strong drill results from its Elizabeth Hill Silver Project, including high-grade silver intercepts such as 38.3m at 878 g/t Ag and 1.4m at 23,360 g/t Ag. The drilling extended mineralization west and north of the existing resource and identified a new high-grade zone at depth. The company also successfully completed an oversubscribed A$6.0 million placement and secured a new high-priority tenement, Elizabeth Hill West, to fund ongoing exploration and development studies.

Reasoning: West Coast Silver reported exceptional high-grade silver drill results, including bonanza grades, which extended known mineralization and identified a new deep zone. The company also successfully completed an oversubscribed capital raise and secured a new high-priority tenement, providing strong funding and growth prospects, although true widths were not reported for intercepts.

Positive factors

  • Bonanza Intercept
  • Step-Out Extension
  • Oversubscribed Placement
  • New Tenement Granted
  • QA/QC Disclosed

Negative factors

  • Apparent Width Only
  • Stale Data Re-release
  • No QA/QC Disclosure

Facts used in scoring: 24

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Multiple silver intercepts, including 1.4m @ 23,360g/t Ag and 9.1m @ 3,318g/t Ag, are well above the exceptional threshold for silver.

Evidence · text

“1.4m @ 23,360g/t Ag from 29.0m”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The nickel intercept of 0.45m @ 2.73% Ni is above the exceptional threshold for nickel.

Evidence · text

“0.45m @ 2.73% Ni”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling extended mineralization west and north of the MRE and identified a new high-grade zone below historical workings.

Evidence · text

“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.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a Competent Person Statement, indicating QA/QC disclosure.

Evidence · text

“Competent Person Statement”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: All reported intervals are stated as downhole lengths, with no true widths provided.

Evidence · text

“All intervals reported below are downhole lengths, not true widths.”

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The RC intercepts for 26WCRC020 and 26WCRC019 were previously reported in July 2026.

Evidence · text

“Final assays from the 32-hole, 2,710m Elizabeth Hill North RC program (Figure 4), reported in July”

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: The release does not explicitly mention specific QA/QC methods like blanks, standards, or duplicates, nor does it name a certified laboratory.

Evidence · text

“The information in this Report that relates to the current Mineral Resource estimate is based on, and fairly reflects, information compiled by Mr Phil Jankowski. Mr Jankowski is a full-time employee of ERM and is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Jankowski has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr Jankowski consents to the disclosure of the information in this Report in the form and context in which it appears. The information in this announcement that relates to Exploration Results is based on information reviewed by Mr Tony Donaghy, who is a Registered Professional Geoscientist (P.Geo #0971) with the Association of Professional Geoscientists of Ontario, a Recognised Professional Organisation. Mr Donaghy is a consultant to West Coast Silver and a full-time employee of ERM Australia Consultants Pty Ltd. Mr Donaghy has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration, and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”, and a Specialist under the VALMIN Code 2015 Edition of the “Australasian Code for Public Reporting of Technical Assessments and Valuations of Mineral Assets”. Mr Donaghy consents to the inclusion in the announcement of the matters based on this information and in the form and context in which it appears.”

Extracted facts

Stored fact records: 24. Some facts used in scoring do not have a stored record.

Drill Results (24)

26WCDD037Elizabeth Hill West · silverGrade: 878Grade Unit: g/tIntercept: 38.3 mView all details
Link to this fact

Identity

Hole ID
26WCDD037
Project
Elizabeth Hill West
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
878
Grade Unit
g/t
Intercept
38.3 m
From
3.7 m
To
42 m
Intercept Depth
3.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD037:3.7-42
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Very high-grade silver intercept extending mineralization west of the MRE.

Positive factors

  • Bonanza Intercept
  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“38.3m @ 878g/t Ag from 3.7m in 26WCDD037”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD037Elizabeth Hill West · silverGrade: 1495Grade Unit: g/tIntercept: 22.3 mView all details
Link to this fact

Identity

Hole ID
26WCDD037
Project
Elizabeth Hill West
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
1495
Grade Unit
g/t
Intercept
22.3 m
From
19.7 m
To
42 m
Intercept Depth
3.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD037:19.7-42
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Exceptional high-grade silver sub-interval within the main intercept.

Positive factors

  • Bonanza Intercept
  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“22.3m @ 1,495g/t Ag from 19.7m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD037Elizabeth Hill West · silverGrade: 23360Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Hole ID
26WCDD037
Project
Elizabeth Hill West
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
23360
Grade Unit
g/t
Intercept
1.4 m
From
29 m
To
30.4 m
Intercept Depth
3.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD037:29-30.4
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Extremely high-grade silver sub-interval, indicating bonanza grades.

Positive factors

  • Bonanza Intercept
  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“1.4m @ 23,360g/t Ag from 29.0m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD037Elizabeth Hill West · silverGrade: 2253Grade Unit: g/tIntercept: 13.5 mView all details
Link to this fact

Identity

Hole ID
26WCDD037
Project
Elizabeth Hill West
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
2253
Grade Unit
g/t
Intercept
13.5 m
From
45 m
To
58.5 m
Intercept Depth
3.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD037:45-58.5
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Exceptional high-grade silver sub-interval within the main intercept.

Positive factors

  • Bonanza Intercept
  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“13.5m @ 2,253g/t Ag from 45.0m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD037Elizabeth Hill West · silverGrade: 3318Grade Unit: g/tIntercept: 9.1 mView all details
Link to this fact

Identity

Hole ID
26WCDD037
Project
Elizabeth Hill West
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
3318
Grade Unit
g/t
Intercept
9.1 m
From
47.85 m
To
56.95 m
Intercept Depth
3.7 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD037:47.85-56.95
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Exceptional high-grade silver sub-interval within the main intercept.

Positive factors

  • Bonanza Intercept
  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“9.1m @ 3,318g/t Ag from 47.85m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD038Elizabeth Hill West · silverGrade: 53Grade Unit: g/tIntercept: 63 mView all details
Link to this fact

Identity

Hole ID
26WCDD038
Project
Elizabeth Hill West
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
53
Grade Unit
g/t
Intercept
63 m
From
2 m
To
65 m
Intercept Depth
2 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD038:2-65
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Broad near-surface silver zone extending mineralization west of the MRE.

Positive factors

  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“63.0m @ 53g/t Ag from 2.0m (26WCDD038)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD038Elizabeth Hill West · silverGrade: 92Grade Unit: g/tIntercept: 31.3 mView all details
Link to this fact

Identity

Hole ID
26WCDD038
Project
Elizabeth Hill West
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
92
Grade Unit
g/t
Intercept
31.3 m
From
26.7 m
To
58 m
Intercept Depth
2 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD038:26.7-58
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Higher-grade silver sub-interval within the broad near-surface zone.

Positive factors

  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“31.3m @ 92g/t Ag from 26.7m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD039Elizabeth Hill West · silverGrade: 53Grade Unit: g/tIntercept: 20.15 mView all details
Link to this fact

Identity

Hole ID
26WCDD039
Project
Elizabeth Hill West
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
53
Grade Unit
g/t
Intercept
20.15 m
From
15 m
To
35.15 m
Intercept Depth
15 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD039:15-35.15
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Near-surface silver mineralization extending beyond the MRE.

Positive factors

  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“20.15m @ 53g/t Ag from 15.0m (26WCDD039)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD039Elizabeth Hill West · silverGrade: 61Grade Unit: g/tIntercept: 14.8 mView all details
Link to this fact

Identity

Hole ID
26WCDD039
Project
Elizabeth Hill West
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
61
Grade Unit
g/t
Intercept
14.8 m
From
16.2 m
To
31 m
Intercept Depth
15 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD039:16.2-31
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Higher-grade silver sub-interval within the near-surface zone.

Positive factors

  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“14.8m @ 61g/t Ag from 16.2m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD036Elizabeth Hill North · silverGrade: 19Grade Unit: g/tIntercept: 67.1 mView all details
Link to this fact

Identity

Hole ID
26WCDD036
Project
Elizabeth Hill North
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
19
Grade Unit
g/t
Intercept
67.1 m
From
0 m
To
67.1 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD036:0-67.1
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Broad near-surface silver mineralization extending north of the MRE.

Positive factors

  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“67.1m @ 19g/t Ag from surface (26WCDD036)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD036Elizabeth Hill North · silverGrade: 22Grade Unit: g/tIntercept: 12.3 mView all details
Link to this fact

Identity

Hole ID
26WCDD036
Project
Elizabeth Hill North
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
22
Grade Unit
g/t
Intercept
12.3 m
From
24.7 m
To
37 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD036:24.7-37
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Higher-grade silver sub-interval within the broad near-surface zone.

Positive factors

  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“12.3m @ 22g/t Ag from 24.7m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD036Elizabeth Hill North · silverGrade: 24Grade Unit: g/tIntercept: 10.9 mView all details
Link to this fact

Identity

Hole ID
26WCDD036
Project
Elizabeth Hill North
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
24
Grade Unit
g/t
Intercept
10.9 m
From
43.9 m
To
54.8 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD036:43.9-54.8
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Higher-grade silver sub-interval within the broad near-surface zone.

Positive factors

  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“10.9m @ 24g/t Ag from 43.9m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD035Elizabeth Hill North · silverGrade: 19Grade Unit: g/tIntercept: 48.5 mView all details
Link to this fact

Identity

Hole ID
26WCDD035
Project
Elizabeth Hill North
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
19
Grade Unit
g/t
Intercept
48.5 m
From
1.5 m
To
50 m
Intercept Depth
1.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD035:1.5-50
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Broad near-surface silver mineralization extending north of the MRE.

Positive factors

  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“48.5m @ 19g/t Ag from 1.5m (26WCDD035)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD035Elizabeth Hill North · silverGrade: 23Grade Unit: g/tIntercept: 25.5 mView all details
Link to this fact

Identity

Hole ID
26WCDD035
Project
Elizabeth Hill North
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
23
Grade Unit
g/t
Intercept
25.5 m
From
16 m
To
41.5 m
Intercept Depth
1.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD035:16-41.5
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Higher-grade silver sub-interval within the broad near-surface zone.

Positive factors

  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“25.5m @ 23g/t Ag from 16m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD033Elizabeth Hill North · silverGrade: 14Grade Unit: g/tIntercept: 24 mView all details
Link to this fact

Identity

Hole ID
26WCDD033
Project
Elizabeth Hill North
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
14
Grade Unit
g/t
Intercept
24 m
From
35.5 m
To
59.5 m
Intercept Depth
35.5 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD033:35.5-59.5
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Moderate grade silver mineralization extending north of the MRE.

Positive factors

  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“24.0m @ 14g/t Ag from 35.5m (26WCDD033)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCRC020Elizabeth Hill North · silverGrade: 26Grade Unit: g/tIntercept: 44 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26WCRC020
Project
Elizabeth Hill North
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
26
Grade Unit
g/t
Intercept
44 m
From
0 m
To
44 m
Intercept Depth
0 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCRC020:0-44
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-09T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Previously reported broad near-surface silver mineralization.

Negative factors

  • Stale Data Re-release
  • Apparent Width Only

Evidence · text

“44.0m @ 26g/t Ag from surface (26WCRC020)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCRC019Elizabeth Hill North · silverGrade: 23Grade Unit: g/tIntercept: 41 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
26WCRC019
Project
Elizabeth Hill North
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
23
Grade Unit
g/t
Intercept
41 m
From
1 m
To
42 m
Intercept Depth
1 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCRC019:1-42
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-07-09T00:00:00.000Z

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Previously reported broad near-surface silver mineralization.

Negative factors

  • Stale Data Re-release
  • Apparent Width Only

Evidence · text

“41.0m @ 23g/t Ag from 1.0m, ending in mineralisation (26WCRC019)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD029Elizabeth Hill Deeps · silverGrade: 524Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
26WCDD029
Project
Elizabeth Hill Deeps
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
524
Grade Unit
g/t
Intercept
3 m
From
183 m
To
186 m
Intercept Depth
183 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD029:183-186
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: New high-grade silver zone identified below historical workings, open to east and south.

Positive factors

  • Bonanza Intercept
  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“3m @ 524g/t Ag from 183m (26WCDD029)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD029Elizabeth Hill Deeps · silverGrade: 1039Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
26WCDD029
Project
Elizabeth Hill Deeps
Commodity
silver
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
1039
Grade Unit
g/t
Intercept
1.5 m
From
184.5 m
To
186 m
Intercept Depth
183 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD029:184.5-186
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Exceptional high-grade silver sub-interval within the new deep zone.

Positive factors

  • Bonanza Intercept
  • Step-Out Extension

Negative factors

  • Apparent Width Only

Evidence · text

“1.5m @ 1,039g/t Ag from 184.5m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD029Elizabeth Hill Deeps · nickelGrade: 2.73Grade Unit: %Intercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
26WCDD029
Project
Elizabeth Hill Deeps
Commodity
nickel
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
2.73
Grade Unit
%
Intercept
0.45 m
From
154.87 m
To
155.32 m
Intercept Depth
154.87 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD029:154.87-155.32
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: High-grade nickel intercept in massive sulphides.

Positive factors

  • Bonanza Intercept

Negative factors

  • Apparent Width Only

Evidence · text

“0.45m @ 2.73% Ni, 0.93% Cu and 0.7g/t Pd from 154.87m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD029Elizabeth Hill Deeps · copperGrade: 0.93Grade Unit: %Intercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
26WCDD029
Project
Elizabeth Hill Deeps
Commodity
copper
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
0.93
Grade Unit
%
Intercept
0.45 m
From
154.87 m
To
155.32 m
Intercept Depth
154.87 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD029:154.87-155.32
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Moderate-grade copper intercept in massive sulphides.

Negative factors

  • Apparent Width Only

Evidence · text

“0.45m @ 2.73% Ni, 0.93% Cu and 0.7g/t Pd from 154.87m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

26WCDD029Elizabeth Hill Deeps · palladiumGrade: 0.7Grade Unit: g/tIntercept: 0.45 mView all details
Link to this fact

Identity

Hole ID
26WCDD029
Project
Elizabeth Hill Deeps
Commodity
palladium
Region
australia_wa
Reported Region
australia_wa
Ticker
WCE

Geometry

Grade
0.7
Grade Unit
g/t
Intercept
0.45 m
From
154.87 m
To
155.32 m
Intercept Depth
154.87 m

Classification

Program
mixed
Sample Type
drill
Group ID
26WCDD029:154.87-155.32
Mining Method
mixed

QA/QC

QP Signed
Yes

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Moderate-grade palladium intercept in massive sulphides.

Negative factors

  • Apparent Width Only

Evidence · text

“0.45m @ 2.73% Ni, 0.93% Cu and 0.7g/t Pd from 154.87m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Fact 23View all details
Link to this fact

Identity

Ticker
WCE

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Successful and oversubscribed capital raise provides funding for future activities.

Positive factors

  • Oversubscribed Placement

Evidence · text

“Oversubscribed $6.0 million Placement at $0.095 per share, upsized from an initial $3.5 million target.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 24Elizabeth Hill WestView all details
Link to this fact

Identity

Project
Elizabeth Hill West
Region
australia_wa
Reported Region
Pilbara, Western Australia
Ticker
WCE

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-14T00:00:00.000Z

Reasoning: Grant of a new prospecting licence for a high-priority silver target adjacent to the main project.

Positive factors

  • New Tenement Granted

Evidence · text

“Prospecting Licence P47/2033 covering the mineralised Elizabeth Hill West Prospect was granted”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.