West Coast Silver Limited · ASX:WCE
West Coast Silver — Investor Presentation (October 2026)
22 slides from West Coast Silver's investor presentation, Oct 28, 2026
Slide 1: Elizabeth Hill Silver Project
For personal use only Elizabeth Hill Silver Project Advancing Australia’s Highest-Grade ASX-Listed Silver Project1 ASX: WCE | OCTOBER 2026 Cover Image is for illustrative purposes only. Silver bars/bullion shown are generic and are not sourced from, or representative of, product from the Elizabeth H
Slide 2: Disclaimer
Disclaimer For personal use only Forward-Looking Statements Statements in this presentation which are not statements of historical fact, including but not limited to those relating to exploration results, mineral resource estimates, development timelines, production potential and future plans, are f
Slide 3: Strategic Asset: Historical Mine on Granted Mining Lease
Strategic Asset Historical Mine on Granted For personal use only Mining Lease Elizabeth Hill Silver Mine 1999 - 2000 • Elizabeth Hill Project – (M47/342) WCE 70%, Strategic Alien Metals Ltd 30%1. Pilbara Location • Elizabeth Hill West P47/2033: WCE 70%, GreenTech 30%. Granted • Granted Mining Lease
Slide 4: Pure Silver Play
Pure Silver Play HIGHEST REPORTED SILVER GRADE IN West Coast: A Pure Silver Play SELECTED PEER GROUP For personal use only Elizabeth Hill has the highest reported silver grade within the selected project peer group. Ultra-High Grade West Coast Silver 617 Highest in Elizabeth Hill g/t Ag peer group >
Slide 5: Peer Drilling Benchmark
Peer Drilling Benchmark 2026 Silver Drilling : WCE Ranks #2 and #3 in Selected ASX Peers For personal use only All distinct silver intercepts from ASX-listed issuers appearing in the supplied 2026 MinerDeck charts. RANK COMPANY ASX PROJECT Ag (g/t) WIDTH (m) FROM (m) Ag g/t·m RELATIVE GRADE × WIDTH
Slide 6: Strategy: Development & Resource Growth
Strategy Development & Resource Growth For personal use only Funding enables resource confidence, near-mine drilling and district-scale exploration DEVELOPMENT GROWTH April 2026 JORC MRE: West: broad granite-hosted mineralisation beyond April MRE. 2.8Moz Ag @ 617 g/t Ag (~86% Inferred Resources, 100
Slide 7: New Silver Discovery & Near-Surface Extensions
Latest New Silver Discovery & Near-Surface Extensions For personal use only Released August 2026 • New west-to-east drilling confirms Mineralisation mineralisation outside April 2026 MRE Outside MRE • System remains open; results 70m expected to inform Q4 2026 MRE Mineralisation • Western mineralisa
Slide 8: Drill Results: Bonanza Silver + Resource Extension
Drill Results Bonanza Silver + Resource Extension 1 For personal use only • New west-to-east drilling intersected high-grade silver within the current MRE and extended mineralisation beyond the MRE to near- surface and westward into granite. • Exceptional diamond drilling results: EXCEPTIONAL o 38.3
Slide 9: Core Photos
Core Photos Visible Native Silver – 26WCDD037 1 For personal use only That’s 3.1% Ag Native Silver in Quartz-Carbonate Veining – 26WCDD037: 51.95m–52.30m downhole – 0.35m @ 31,154g/t Ag Hotter the Colours the Higher the Silver Grade Oxidised Native Silver – 26WCDD037: 22.20m–32.95m downhole, Visible
Slide 10: New Deeps High-Grade Silver Zone
Growth New Deeps High-Grade Silver Zone For personal use only Silver Trend Beneath Historical Workings Key Highlights • Three intersections currently define a new mineralised trend - • 26WCDD029: 3m @ 524g/t Ag from 183m downhole, including 1.5m @ 1,039g/t Ag from 184.5m downhole. • UGD084: 7m @ 607
Slide 11: Three Growth Fronts Beyond the April 2026 MRE
Next Phase Three Growth Fronts Beyond the April 2026 MRE 1 For personal use only North Growth April 2026 MRE 2026 Drilling Outcomes 2.8Moz Ag 1. Mineralisation extended beyond the MRE Mineralisation extended to the west, north, south and near-surface. @ 617g/t Ag ~70 m north 'OPEN' @ depth 2. High-g
Slide 12: New Tenement: Elizabeth Hill West Granted
New Tenement Elizabeth Hill West - Granted For personal use only P47/2033 is immediately adjacent to the Elizabeth Hill mine lease (M47/342) What has changed • Granted P47/2033: 70% WCE / 30% GreenTech. • Targets within 1 km of the historical mine. • Historical Trenching: 5m @ 5.2g/t Ag; 19,000ppm C
Slide 13: Geophysical Surveys to Define New Silver Drill Targets
Exploration Geophysical Surveys to Define New For personal use only Silver Drill Targets IP and CSAMT geophysical surveying underway along approximately 4km of the Munni Munni Fault Zone Key program features • Approximately 4 km of Munni Munni fault corridor is being surveyed. • Mine-site IP test re
Slide 14: H2 2026 Diamond Drilling
Drill Campaign H2 2026 Diamond Drilling For personal use only Up to 18 holes / approximately 1,800m to support resource and study milestones Allocated drilling 6 holes / 510m MRE infill / confidence 8 holes / 640m Western extension 2 holes / 360m Elizabeth Hill Deeps 2 holes / 290m Below historic mi
Slide 15: 2026 / 2027 Program Timeline
Program 2026 / 2027 Program Timeline For personal use only Two resource updates, one funded drill campaign, and a development Scoping Study WORKSTREAMS PROGRAM WINDOW 2026 2027 OCT 26 NOV DEC JAN 27 FEB MAR APR H2 diamond drilling IP / CSAMT & modelling Resource update November MRE H2 results / inte
Slide 16: Funded Workstreams & Near-Term Catalysts
Catalysts Funded Workstreams & Near-Term Catalysts For personal use only From high-grade drill results to resource updates and Scoping Study evaluation 1 Resource Definition 2 H2 Diamond Program • November 2026 MRE to incorporate H1 RC / diamond drilling • Up to 18 diamond holes / ~1,800m • March 20
Slide 17: Highlights: Advancing Elizabeth Hill Silver Project
Highlights Advancing Elizabeth Hill Silver Project For personal use only Advancing Elizabeth Hill through resource growth, studies and development assessment Pure Silver Play New High-Grade Near Term Development Initial MRE: 2.8 Moz Discovery MRE Growth Pathway • JORC 20121 — 2.8 Moz at 617g/t • Jul
Slide 18: Elizabeth Hill Historical Mine and Drill Core Photos
Elizabeth Hill Historical Mine For personal use only Headframes Drill Site Operations: Core drilling setup and ancillary equipment deployed on-site during the latest phase of resource expansion drilling at Elizabeth Hill. Elizabeth Hill Head Frames: Historic mine infrastructure at the high-grade Eli
Slide 19: Corporate Overview
Corporate Corporate Overview – ASX: WCE For personal use only Capital Structure Share Performance Shares on Issue 435,742,147 0.30 10 Share Price A$0.061 Market Capitalisation A$26.6M Share Price ($/sh) Cash A$5.6m 0.20 Volume (m) Implied Enterprise Value A$21.0m 5 Average Daily Turnover ($) 6 month
Slide 20: Executive and Management Team
Corporate Executive and Management Team For personal use only Experienced team with proven development track record NON-EXECUTIVE CHAIRMAN EXECUTIVE DIRECTOR & CHIEF EXECUTIVE OFFICER EXECUTIVE DIRECTOR – CORPORATE AND FINANCE NON-EXECUTIVE DIRECTOR Mr. Vince Fayad Mr. Sergei Smolonogov Mr. Bruce Ga
Slide 21: Appendix 1: Selected Silver Project Peer Comparison
Appendix 1: Selected Silver Project Peer Comparison For personal use only As reported Measured Indicated Inferred Total Reported Mkt Cap. g/t g/t g/t g/t g/t Ag Moz Ag Source: Company Ticker Project Status Commodities Mt Moz Mt Moz Mt Moz Mt Moz % silver Link (A$m) Ag Ag Ag Ag Eq. Eq. ASX Joaquin /
Slide 22: Elizabeth Hill: Contact
For personal use only Elizabeth Hill Advancing Australia’s Highest-Grade ASX-Listed Silver Project ASX | WCE westcoastsilver.com.au Contact Sergei Smolonogov Chief Executive Officer [email protected] +61 8 9322 3383 Investor & Media Relations Dannika Warburton - Investability westcoastsilv
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