Member Info for Defvision

High Grade Silver Intercepts Near Surface at Elizabeth Hill

Highlights

• Assays from drill hole 25WCDD001, the first drill hole completed from the 2025 program has returned a significant high-grade silver zone:

• 21 metres at 1,047g/t Ag from 10 metres including.

• 8 metres at 2,632 g/t Ag from 22 metres including

• A spectacular interval of 1 metre at 15,071 g/t Ag from 27 metres.

• Impressive near surface results from drill hole 25WWCDD002 include:

• 15 metres at 723g/t Ag from 1 metre including:

• 3 metres at 2,639g/t Ag from 1 metre.

• Gold (Au) reported in laboratory assays with peak assay from drill hole

25WWCDD002 returning:

• 1metre at 2.03g/t Au from 4 metres.

• To date, only assay results for holes 25WCDD001 & 25WCDD002, have been received from the laboratory. However, the new intersections of near-surface high grade silver provide impetus for further evaluation and quantification of potential economic shallow silver mineralization.

• Review of historical drilling data provides additional indication of economic near surface mineralisation

• The additional 8 drill holes have been dispatched to the laboratory for assay with assay results expected progressively over a 6-8 week period.

• Whilst the drilling component of the program has been completed, logging of holes 11 & 12 continues, and samples will be dispatched to the laboratory once ready

WEST COAST SILVER LIMITED

ASX I WCE

AGN: 155 472 834

• REGISTERED OFFICE

Hey

Why can’t we break .001 ????

How is L2 ????

Carry on Moonboy !

Very informative ✅ ;-)

Https://thatstocksguy.substack.com/p/alien-metals?utm_source=substack&utm_medium=email#media-cc7fcc2a-d9c0-4892-826b-03fef5628e89

Einstein watch Charles & Mosig talk today

should bring you up to date ✅

Https://thatstocksguy.substack.com/p/alien-metals?utm_source=substack&utm_medium=email#media-cc7fcc2a-d9c0-4892-826b-03fef5628e89

Hi Sinter ,

So what exactly does the update on

Landtrack say & is it good news ?

Tar

Mike

Hi I’m on Messenger & have seen the emails

sent & received. Poster is trustworthy & bona fide.

Rejoice that this has turned sentiment positive &

on its head. Stop trying to shoot your self in the foot

with all this moaning & griping.

Aim is the Wild West & we are now on the verge of

potentially 2 deals by Xmas.

Take heart, be thankful & get on board.

Charles Archer is doing a great job of spreading

the word, incluythe Redit crowd , now focus on your investment & ride the wave.

Seems to have gone under the radar - in partnership no less !

Critical minerals , one could certainly include Iron Ore as well as contents of Muni Muni ✅

Join the Australia-UK Chamber of Commerce in partnership with GreenTech Metals, Artemis Resources, Alien Metals and Westpac as we explore the crucial role of critical minerals in driving the growth of clean energy technologies.

Hear from our distinguished guest speakers in an engaging panel discussion:

The Honourable Alexander Downer AC - Former Australian High Commissioner to the UK and current non-Executive Director, IronBark Zinc Ltd and Yellow Cake Plc.

Mark Dooley - Global Head, Macquarie Asset Management Green Investments, Macquarie.

David Scrivener - Global Head - Energy, Infrastructure and Resources, Westpac.

Date: Wednesday, 1st May 2024 | 6:00 PM - 8:00 PM | Australia House

Ticket: Chamber Members: £60 +VAT

Non-Members & Guests: £85 +VAT

The panel of industry experts will explore:

✔The pivotal role of critical minerals in driving the transition to clean energy.

✔Opportunities and challenges in the exploration and mining of critical minerals.

✔Strategies for sustainable extraction and supply chain management.

✔Innovations driving efficiency and environmental responsibility in mineral extraction and processing.

Https://youtu.be/-9VldRcOkWI?si=zyYdWbOiPuXRs4dm

Same business model as Alien now have ✅

Https://zakstraderscafe.com/interview-guy-robertson-fd-and-alwyn-vorster-board-advisor-alien-metals/8977/

Hi Karl welcome on board hopefully your timing ⏱️ is perfect & we’re on the road to rapid riches ✅

Troy only NED!!!!!!!

Come on UFO pull your finger out,

Where is the DFS , sooner rather than later

Please !

L2 anyone, how much before we take out .2 ???????

Want to pop along to AGM, can I just show up?

Tried to contact company IR, but Oscar from IR

On holiday.

Who is attending from management?

What to do ?

Is there a company phone number ?

Hi guys,

Anyone going to AGM , will contact company tomorrow

to see if I can go.

Our own best interest!!!

Fenix Resources extends iron ore hedging to 50,000 tonnes per month to June 2023

Published: 22:09 02 Jan 2023

Written by: John Miller

About this content

View

Fenix Resources Ltd

ASX:FEX

Fenix Resources extends iron ore hedging to 50,000 tonnes per month to June 2023

Fenix Resources Ltd (ASX:FEX) has extended existing hedging arrangements for direct shipping ore (DSO) iron ore from the flagship Iron Ridge Mine, a premium deposit in Western Australia’s Mid-West hosting some of the highest-grade iron ore in the state.

The company has extended hedging to ensure cover is in place for a total of 50,000 dry metric tonnes (dmt) of iron ore per month from January 2023 through to June 2023 at a fixed price of A$173.25 per dmt.

New iron ore hedging has been established by iron ore swap arrangements for an additional 15,000 dmt per month over the six-months to June 2023 and extends the existing swap arrangements for 35,000 tonnes per month up to and including June 2023.

The existing hedges were placed in June 2022 and continue to provide strong margin support for Fenix iron ore production and cash flows.

“Strong margin on product”

Fenix chairman John Welborn said: “Hedging has been an important component of Fenix’s success as a highly profitable iron ore producer.

"We are focused on maintaining a strong margin on our high-grade iron ore products throughout the iron ore price cycle.

"Our ongoing hedging arrangements secure a solid margin on a base level of our production and support our ability to continue to generate strong cashflows and profitability.”

Price Protection Policy

Fenix’s iron ore swap arrangements consist of contracts which are cash settled at the end of each month for an amount equivalent to the difference between the fixed price of the contracts and the Monthly Average Platts TSI 62 Index converted to Australian dollars.

These swap arrangements are consistent with the company’s Price Protection Policy designed to support the medium-term profitability of production from the Iron Ridge Iron Ore Mine whilst maintaining positive exposure to iron ore prices.

Fully integrated business

The company operates a unique fully integrated mining and logistics business.

Mining at Iron Ridge is via conventional open pit methods with a low strip ratio and simple crushing and screening of high-grade lump and fines direct shipping ore products.

High-quality iron ore products from Iron Ridge are transported by road to Geraldton using the company’s 100% owned Fenix-Newhaul haulage and logistics business. The company operates its own loading and storage facilities at Geraldton Port.

Fenix’s high-grade iron ore attracts a premium price on the seaborne market. Increasingly, global customers are demanding high-grade ore to meet increasingly strict government regulations.

Fenix Resources extends iron ore hedging to 50,000 tonnes per month to June 2023

Published: 22:09 02 Jan 2023

Written by: John Miller

About this content

View

Fenix Resources Ltd

ASX:FEX

Fenix Resources extends iron ore hedging to 50,000 tonnes per month to June 2023

Fenix Resources Ltd (ASX:FEX) has extended existing hedging arrangements for direct shipping ore (DSO) iron ore from the flagship Iron Ridge Mine, a premium deposit in Western Australia’s Mid-West hosting some of the highest-grade iron ore in the state.

The company has extended hedging to ensure cover is in place for a total of 50,000 dry metric tonnes (dmt) of iron ore per month from January 2023 through to June 2023 at a fixed price of A$173.25 per dmt.

New iron ore hedging has been established by iron ore swap arrangements for an additional 15,000 dmt per month over the six-months to June 2023 and extends the existing swap arrangements for 35,000 tonnes per month up to and including June 2023.

The existing hedges were placed in June 2022 and continue to provide strong margin support for Fenix iron ore production and cash flows.

“Strong margin on product”

Fenix chairman John Welborn said: “Hedging has been an important component of Fenix’s success as a highly profitable iron ore producer.

"We are focused on maintaining a strong margin on our high-grade iron ore products throughout the iron ore price cycle.

"Our ongoing hedging arrangements secure a solid margin on a base level of our production and support our ability to continue to generate strong cashflows and profitability.”

Price Protection Policy

Fenix’s iron ore swap arrangements consist of contracts which are cash settled at the end of each month for an amount equivalent to the difference between the fixed price of the contracts and the Monthly Average Platts TSI 62 Index converted to Australian dollars.

These swap arrangements are consistent with the company’s Price Protection Policy designed to support the medium-term profitability of production from the Iron Ridge Iron Ore Mine whilst maintaining positive exposure to iron ore prices.

Fully integrated business

The company operates a unique fully integrated mining and logistics business.

Mining at Iron Ridge is via conventional open pit methods with a low strip ratio and simple crushing and screening of high-grade lump and fines direct shipping ore products.

High-quality iron ore products from Iron Ridge are transported by road to Geraldton using the company’s 100% owned Fenix-Newhaul haulage and logistics business. The company operates its own loading and storage facilities at Geraldton Port.

Fenix’s high-grade iron ore attracts a premium price on the seaborne market. Increasingly, global customers are demanding high-grade ore to meet increasingly strict government regulations.