New Elizabeth Hill High Grade Silver Discovery:Today 00:37
Elizabeth Hill high grade silver discovery and near
surface mineralisation extension
β’ Recently returned diamond drilling (DD) assays from below and south of the Elizabeth Hill historical
silver workings have intersected:
o3m @ 524g/t Ag from 183m; including 1.5m @ 1,039g/t Ag from 184.5m in diamond drill hole
26WCDD029.
β’ This diamond drill hole confirms a new, still to be fully defined, discrete zone of silver
mineralisation, below and separate from the previously mined Elizabeth Hill orebody.
β’ The new drill intersection ties together historical drill intersections of 7m @ 607g/t Ag from 57m
(including 2m @ 1,995g/t Ag from 61m) in underground drill hole UGD0841; and 4m @ 223g/t Ag from
190m in surface drill hole AG33, to define an approximately 50m long, north-south, sub-horizontal,
mineralised trend beneath and to the south of historical mine workings.
β’ Massive sulphides were also intersected in hole 26WCDD029, which targeted an off-hole
electromagnetic (EM) conductor from 25WCDD025 returning:
o2.73% Ni, 0.93% Cu and 0.7g/t Pd over 0.45m from a depth of 154.87m down hole.
β’ Final assays from 2026 RC extension drilling continued to increase the scale of silver
mineralisation north and west of the Elizabeth Hill maiden MRE (April 2026).
β’ Best RC intersections received include:
o44m @ 26g/t Ag from surface (including 31m 30g/t Ag from 3m) in 26WCRC020.
o41m @ 23g/t Ag from 1m and ending in mineralisation in 26WCRC019.
o12m @ 15g/t Ag from 31m ending in mineralisation in 26WCRC025.
β’ Reverse circulation (RC) drill hole assays have extended a broad near-surface mineralisation zone
outside of the Elizabeth Hill mineral resource estimate (MRE) reported in April 2026.
β’ Exploration diamond drilling at Elizabeth Hill is progressing through the final planned holes, with further
assays expected to be progressively reported through July and Augu