West Coast Silver Ltd

West Coast Silver reports that the Phase‑2 diamond drilling program at the Elizabeth Hill project intersected multiple high‑grade silver zones, including 27.4 m at 1,314 g/t silver from 49 m in hole 25WCDD014 and bonanza intervals up to 33,107 g/t over 0.35 m. Other significant results include 22 m at 578 g/t from 6 m (25WCDD019) and 25.8 m at 151 g/t from 20 m (25WCDD020); nine of 13 holes returned meaningful mineralization. The results suggest mineralization remains open along strike and could open new target areas in granite west of the main zone. West Coast Silver holds 70% of the project (30% Alien Metals); assay results from a 76‑hole aircore program are expected by mid‑February, to be followed by targeted follow‑up drilling. » Más en de.investing.com

West Coast Silver has completed a A$3.2 million capital raising through the issue of 16,842,105 fully paid ordinary shares. After the placement, Alien Metals holds 8.7% of the issued capital and, under the JV agreement, retains a 30% interest in the Elizabeth Hill silver project. The total number of fully paid ordinary shares in West Coast Silver rises to 350,707,258; various unlisted options and performance rights remain outstanding. » Más en de.investing.com

West Coast Silver has received firm commitments for a private placement of AUD 3.2m and is issuing 16,842,106 ordinary shares at AUD 0.19 each (an 11.9% discount to the 15‑day VWAP). The funds will finance drilling, rock sample analysis and further exploration at the 180 km² Elizabeth Hill project; assay results are expected in early 2026 and technical site visits are planned for January/February. Upon completion, joint-venture partner Alien Metals will hold 8.7% of the issued capital and retain a 30% project interest; settlement is scheduled around 7 January 2026. » Más en de.investing.com