West Coast Silver Limited · ASX:WCE
West Coast Silver — Ignite Investment Summit Hong Kong (October 2025)
16 slides from West Coast Silver's conference presentation, Oct 15, 2025
Slide 1: Elizabeth Hill Silver Project
Elizabeth Hill Silver Project One of Australia's highest grade silver projects For personal use only October 2025 ASX | WCE
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements Statements in this announcement which are not statements of historical facts, including but not limited to those relating to the proposed transaction, are forward-looking statements. These statements instead represent management's current expectations, estimates
Slide 3: Silver hits all-time high: Bull Market Momentum Building
Silver hits all-time high: Bull Market Momentum Building In a constrained market hitting new highs, grade and speed to ounces are the key value drivers Price Performance1 Structural Market Deficit2 >US$50/oz Silver price is surpassing US$51.50/oz 149 Moz Silver deficit in 2025 (Highest level of all
Slide 4: West Coast: Pure Play Silver
West Coast: Pure Play Silver Grade: Ground: Growth: Bonanza-grade silver Historic WA min on Near-surface ounces in Tier-1 WA granted Mining Lease and district-scale upside • Historic head grade 2,194 g/t • Near-surface open-pit For personal use only • Granted ML in the Pilbara, Ag (1.2Moz Ag from 16
Slide 5: Ground: Historic WA Silver Mine in a Restart Ready Setting
Ground Elizabeth Hill Silver Project Historic WA Silver Mine in a Restart Ready Setting Large Landholding in a Blue-Chip Mining District For personal use only • Previously Australia’s highest grade historic silver mine - past production paused on ~US$5/oz pricing (2000); vs (vs ~US$48/oz today) • Lo
Slide 6: Maiden Drilling Delivers: Strong Foundation for Growth
Growth Maiden Drilling Delivers: Strong Foundation for Growth High Grade Mineralisation Proven • 12 holes where several returned bonanza grade mineralisation with highlights 25WCDD011: 52.01-52.2m (SAMPLE 25WC04-015) – including 21m @ 1,047 g/t Ag in 25WCDD001 from 10m including 1m @ 15,071 g/t Ag F
Slide 7: Demonstrable Upside Potential
Growth Demonstrable Upside Potential Near-Surface Open-Pit Potential • Shallow high-grade intercepts demonstrate open-pit mining potential • Quantification of near-surface resource already underway For personal use only • Historic intercepts include 3.7m @ 6,953 g/t Ag from just 13m depth1 • Recent
Slide 8: Systematic Growth Strategy
Growth Systematic Growth Strategy Phase 1. Elizabeth Hill. (i) Near Surface Oxide Resource (ii) Deeper Targets Upcoming Value Catalysts: Strategic 3-Phase Exploration 1. Elizabeth Hill 2. Near Mine 3. Regional Exploration Phase 2. Near mine high priority targets for For personal use only Underway No
Slide 9: Phase 1: Elizabeth Hill
Growth Phase 1: Elizabeth Hill Elizabeth Hill Growth (Near Surface + At Depth): • Near surface oxide resource definition to For personal use only JORC standards • Down Plunge exploration below of existing 102 level where mining ceased • ~14 holes for ~1200m of Diamond Drilling • Drill activities und
Slide 10: Phase 2: Near Mine
Growth Phase 2: Near Mine Near Mine High Priority Targets – Aircore Program • Systematic targeting: Integrated legacy data with soils, magnetic- structure deflections and historic drilling to generate multiple near- mine targets. For personal use only • Drone magnetics + Loupe TEM underway (priority
Slide 11: Phase 3: Regional Exploration
Growth Phase 3: Regional Exploration Regional Upside: Multiple New Shots on Goal Regional Exploration Across an Underexplored 180km² Package • 180 km² tenure across the Munni Munni structural corridor - no systematic regional exploration in almost 25 years For personal use only • 2026 program to inv
Slide 12: Path to Value: Near-Term Catalysts Driving Growth
Path to Value: Near-Term Catalysts Driving Growth For personal use only Near term Site Works Inaugural Drilling Assays Phase 2 Diamond Near Mine Air Core Regional production Commenced Program Received Program Program Exploration opportunities • Core Review • 12 hole DD • Proven High • 14 (~1200m) ho
Slide 13: Corporate Overview
Corporate Overview Capital Structure Ownership Structure Share Performance ASX: WCE Value Shares on issue 327,640,295 0.30 14 Millions Share Price A$0.19 >5x return For personal use only pre-acquisition Market Capitalisation A63m 12 0.25 Estimated cash (30 Sep 2025) A$5m Implied Enterprise Value A$5
Slide 14: West Coast Silver Investment Summary
West Coast Silver Investment Summary High-grade silver in a Tier-1 jurisdiction, with a clear path to near-term value GRADE GROUND GROWTH Bonanza Confirmed De-risked Setting Multiple Shots on Goal • Granted ML: Pilbara, on Munni • Phase 1 Resource quantification & • Historic head grade: 2,194 g/t Ag
Slide 15: Elizabeth Hill - Contact
Elizabeth Hill One of Australia’s highest-grade silver projects ASX | WCE For personal use only westcoastsilver.com.au Contact Bruce Garlick Executive Chairman +61 437 393 6000 info@westcoastsilver.com.au Investor & Media Relations Dannika Warburton - Investability +61 401 094 261 westcoastsilver@in
Slide 16: Appendix A: Options and Performance Rights
Appendix A: Options and Performance Rights Options & Performance Rights Number of securities Unlisted Options exercisable at $0.25 each expiring on or before 30 November 2025 1,500,000 Unlisted Options exercisable at $0.40 each expiring on or before 21 April 2026 2,000,000 Unlisted Options exercisab
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