West Coast Silver

What West Coast Silver does

West Coast Silver Limited is an Australian mining exploration company listed on the Australian Securities Exchange (ASX: WCE) and headquartered at Level 2, 10 Ord Street, West Perth, Western Australia. The company is focused on silver and battery-metals exploration in Western Australia, with its flagship asset being the Elizabeth Hill Silver Project—a ~180 km² tenement package in the West Pilbara where West Coast Silver holds a 70% interest (joint venture partner Alien Metals Limited holds the remaining 30%). The company was the first explorer to consolidate the Elizabeth Hill Mine and surrounding land package, which now hosts an inaugural JORC 2012 Mineral Resource of 2.8 Moz Ag at 617 g/t on granted Mining Lease M47/342, with historical underground production (1999-2000) of 1.2 Moz at a recovered head grade of 2,194 g/t Ag.

The company's exploration technology is conventional mining methods: diamond drilling and reverse circulation drilling supported by Down Hole Electromagnetic (DHEM) survey technology used to model conductive plates (20-100m by 60m, 400-1,200 Siemens) and identify mineralisation targets. Recent Phase 2 drilling returned exceptional intercepts including 27.4m at 1,314 g/t Ag with bonanza-grade sections up to 33,107 g/t Ag over 0.35m. Beyond Elizabeth Hill, the portfolio includes the Falcon Gascoyne JV, Errabiddy Graphite, and Andover South projects, providing exposure to copper, gold, nickel and graphite alongside silver.

West Coast Silver is pre-revenue and operates as a junior explorer funded primarily through equity capital raises on the ASX. Its go-to-market is event-driven: ASX announcements, investor webinars (e.g., via Red Cloud Financial Services), a dedicated Investor Centre website, quarterly reports, LinkedIn and Twitter/X updates, and a newsletter signup. A A$3.2 million strategic placement in December 2025 funded ongoing drilling and regional target evaluation. Future revenue is contingent on completing a scoping study and mine restart at Elizabeth Hill, after which silver would be sold into commodity markets. The company employs 1-10 staff and has no current product revenue.

Name

West Coast Silver

Legal name

West Coast Silver Limited

Website

https://errawarra.com

Company type

Public

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

West Coast Silver Limited is a publicly listed, pre-revenue Australian mining exploration company focused on silver and battery metals in Western Australia's Pilbara region. Its flagship 70%-owned Elizabeth Hill Silver Project hosts a maiden 2.8 Moz Ag JORC Mineral Resource at 617 g/t.

Ownership category

akta.pro rank

Product category

Silver Mining

NAICS

Gold Ore and Silver Ore Mining (212220), Support Activities for Metal Mining (213114)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Silver Mining (IMAKAEAB)

akta.pro secondary industries

Precious Metals Exploration & Project Development (IMAKAEAI), Gold Mining (IMAKAEAA), Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Silver exploration
• Mining exploration
• Mineral resources
• Battery metals exploration
• Precious metals mining

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Silver Mining and Production: Pre-revenue exploration company planning future silver mining operations at the Elizabeth Hill project. The company has established an inaugural JORC 2012 Mineral Resource of 2.8 Moz silver and is advancing toward a scoping study and mine restart.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

West Coast Silver is a publicly listed mineral exploration company focused on silver and battery metals exploration in Western Australia's Pilbara region. The flagship offering is the Elizabeth Hill Silver Project, a ~180 km² consolidated tenement package containing an inaugural JORC 2012 Mineral Resource of 2.8 Moz silver at 617 g/t Ag on a granted Mining Lease. Supporting projects include the Falcon Gascoyne JV, Errabiddy Graphite, and Andover South, covering silver, copper, gold, nickel, and graphite targets. The company is pre-revenue and is advancing toward future silver mining operations.

Product overview

West Coast Silver operates as a mining exploration company with a portfolio of mineral projects across Western Australia, not a software product company. The company's core offering centers on the Elizabeth Hill Silver Project (70% interest, with Alien Metals holding 30%), a ~180km² tenement package in the West Pilbara containing one of Australia's highest-grade silver deposits with 2.8 Moz Ag at 617 g/t. The company consolidates 180km² of highly prospective geology for the first time in this tier-1 mining jurisdiction. Supporting projects include Falcon Gascoyne JV (precious and battery metals), Errabiddy Graphite (graphite exploration), and Andover South (battery metals), covering additional targets for copper, gold, nickel, and graphite. The company is positioned to meet soaring silver demand driven by innovation in AI, energy, and future technology.

Differentiator

Problem solved

Functional benefit

Products and services

• Elizabeth Hill Silver Project The company's flagship exploration project, a ~180 km² tenement package in the West Pilbara, Western Australia, hosting one of Australia's highest-grade silver deposits with an inaugural JORC 2012 Mineral Resource of 2.8 Moz Ag at 617 g/t, contained within an optimised open pit on granted Mining Lease M47/342. West Coast Silver holds 70% interest with Alien Metals holding 30%.
• Falcon Gascoyne JV A joint venture exploration project in the Gascoyne region of Western Australia, part of the company's portfolio of battery and precious metal exploration projects targeting copper, gold, nickel, and graphite.
• Errabiddy Graphite A graphite exploration project included in the company's diversified portfolio of battery metal projects in Western Australia.
• Andover South An exploration project within the company's broader tenement portfolio in Western Australia, targeting battery and precious metals including copper, gold, nickel, and graphite.

Quantifiable outcome

• 2.8 Moz Ag maiden resource established April 2026
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Alien Metals LimitedcoreStrategic or Co-development Partner · 1 January 2024Alien Metals Limited holds a 30% interest in the Elizabeth Hill Silver Project as joint venture partner, while West Coast Silver maintains 70% ownership. Additionally, Alien Metals owns approximately 8.7% of West Coast Silver's issued share capital, creating a bidirectional investment relationship. The joint venture involves collaborative drilling programs, with Alien Metals reporting drilling results and project updates to the market.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Argent Minerals: ASX-listed explorer focused on the Kempfield silver-gold project in New South Wales. Comparable to West Coast Silver as a junior, silver-focused ASX-listed explorer with a multi-million-ounce resource and reliance on capital markets to fund drilling and study work.
• Boab Metals: ASX-listed developer of the Sorby Hills Silver-Lead Project in Western Australia. Comparable as a Western Australian, ASX-listed silver developer with a JORC resource, focused on moving from feasibility toward production.
• Investigator Resources: ASX-listed silver explorer advancing the Paris Silver Project in South Australia. Comparable to West Coast Silver as a junior Australian silver developer with a high-grade maiden JORC resource, similar scale, and similar pathway from resource to scoping study.
• Silver Mines Limited: ASX-listed Australian silver-focused explorer developing the Bowdens Silver Project in New South Wales. Closest comparable to West Coast Silver by virtue of being a single-commodity, ASX-listed silver developer at a similar pre-revenue stage with a JORC resource as its main value driver.
• Kootenay Silver: TSX-listed silver exploration company developing the Columba High-Grade Silver Project in Mexico. Comparable to West Coast Silver as a single-commodity silver explorer at a similar stage with a high-grade maiden resource and dependence on drill results to drive re-rating.

Broad incumbents

• Pan American Silver: NASDAQ/TSX-listed major silver miner with a diversified portfolio of producing silver mines across the Americas. Comparable as a reference point for silver pricing, offtake structures, and what scaled silver production economics look like, but materially larger and more diversified than West Coast Silver.
• First Majestic Silver: NYSE/TSX-listed primary silver producer operating multiple silver mines in Mexico. Comparable as a silver-pure-play company and a relevant demand/pricing reference for any future Elizabeth Hill production, but operates at production scale well beyond West Coast Silver's current scope.
• MAG Silver: TSX/NYSE-listed silver miner with the advanced Juanicipio project in Mexico (44% interest, operated by Fresnillo). Comparable to West Coast Silver as a high-grade silver-focused company, but at a much later, near-production stage, providing a benchmark for what a successful West Coast Silver transition could look like.

Regional players

• Capricorn Metals: ASX-listed Western Australian gold producer operating the Karlawinda gold mine in the Pilbara region. Comparable as a regional peer sharing the same Western Australian Pilbara operating environment, infrastructure, and regulatory framework relevant to a future Elizabeth Hill operation.

Others

• Azure Minerals: ASX-listed battery and critical minerals explorer with projects in Western Australia. Comparable as a Western Australian-listed junior adjacent to West Coast Silver's diversified battery-metals portfolio (Andover South, Errabiddy Graphite) but with lithium rather than silver as its primary focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/aunicuwa
• LinkedInlinkedin.com/company/west-coast-silver-ltd

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about West Coast Silver