Bhags X post11 Jun 2025 07:24
🚀 Silver is going vertical – now USD $36.60/oz – and $WCE is sitting on one of Australia's highest-grade silver systems.
Here’s why West Coast Silver ($WCE) could be one of the biggest winners in this silver supercycle 🧵
🔥 Latest drill results from Elizabeth Hill are phenomenal:
5m @ 2,822g/t silver including 2m @ 6,951g/t (that’s over 223oz/t silver!)
Another hole delivered 12m @ 153g/t from surface, including 1m @ 973g/t silver just below the soil
These are bonanza-grade intercepts, right near surface — exactly what you want when silver is ripping.
⛏️ Elizabeth Hill isn’t just a new discovery — it’s a proven past producer:
Historically produced 1.2Moz silver at an average grade over 2,000g/t
Shut down in 2000 because silver was only $5/oz
Same orebody, but with silver now at $36/oz+
🌍 Tier 1 location:
WA’s Pilbara region
Existing mining lease
Nearby processing optionality at Radio Hill plant
Streamlined permitting and infrastructure
🧠 Huge exploration upside:
Mineralisation starts at surface
Historic drilling barely scratched the system
Current drilling is targeting extensions, depth, and new zones
🔬 Polymetallic upside too:
Portable XRF shows strong copper, lead, and zinc
Lab assays pending
Could evolve into a broader base metals play as well
💡 Small cap. Tight structure. Massive leverage.
This is one of the purest silver exposures on the ASX, hitting monster grades just as silver breaks out technically and fundamentally.
📈 The silver breakout is real.
Between solar demand, ETF flows, de-dollarisation, and monetary hedge plays — silver is catching up to gold’s move. And when it runs, the juniors with grades like these move hard.
⚠️ Not advice, but if you're bullish silver, it's hard to ignore what $WCE is sitting on. The timing, grade, and setup couldn’t be better.
https://x.com/bhavdip143/status/1932572496253059503