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High-grade silver intercepts at Elizabeth Hill

22nd Aug 2025 09:23

RNS Number : 4357W

Alien Metals Limited

22 August 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (596/2014/EU) AS THE SAME HAS BEEN RETAINED IN UK LAW AS AMENDED BY THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

Trading Symbols

AIM: UFO

FWB: I3A1

22 August 2025

Alien Metals Limited

("Alien" or the "Company")

High-grade shallow silver intercepts up to 10,049 g/t Ag at Elizabeth Hill

Alien Metals Limited (AIM: UFO), a minerals exploration and development company, is pleased to report that its joint venture partner, West Coast Silver Limited (ASX: WCE) (formerly Errawarra Resources Limited), has announced further outstanding assay results from the maiden diamond drill programme at the Elizabeth Hill Silver Project ("Elizabeth Hill" or the "Project") in the Pilbara region of Western Australia. The Project, in which Alien retains a 30% free-carried interest through to a decision to mine, is operated by WCE.

Highlights:

· Assays from drill hole 25WCDD011 have identified several significant high-grade silver zones including:

o 17m @ 858g/t Ag from 5m, including 2m @ 6,349g/t Ag from 7m;

o 10m @ 850g/t Ag from 47m, including 3m @ 2,593g/t Ag from 50m; and

o 13m @ 1,615g/t Ag from 62m, including 2m @ 10,049g/t Ag from 63m.

· Native silver observed in drill core from 25WCDD011.

· Significant high-grade gold intercept: 1m @ 11.1 g/t Au from 51m in 25WCDD011.

· Drill hole 25WCDD012 also returned high-grade silver intercepts, including:

o 6m @ 317g/t Ag from 10m, including 1m @ 1,455g/t Ag from 13m; and

o 14m @ 162g/t Ag from 18m.

· Results continue to confirm the presence of near-surface, high-grade silver mineralisation at Elizabeth Hill.

· Assay results for a further six holes from the inaugural 12-hole (1,183m) diamond programme remain outstanding.

Robert Mosig, Technical Director, commented:

"These results further demonstrate the outstanding grades and near-surface potential at Elizabeth Hill. Intercepts of up to 10,049 grams per tonne silver and 11.1 grams per tonne gold are exceptional outcomes from the maiden programme and confirm the significant value in the project.

"With Alien's 30%, which is interest-free, carried through to decision to mine, our shareholders retain strong exposure to any success at Elizabeth Hill. We look forward to further assay results expected in the coming weeks."

Assay Results and Observations

Of the four drill holes reported (25WCDD003, 25WCDD004, 25WCDD011 and 25WCDD012), exceptionally shallow, high-grade silver results were returned for 25WCDD011 and 25WCDD012 (Figure 3 and Figure 4).

Both holes intersected significant silver mineralisation from near surface (Table 1), with particularly impressive results from hole 25WCDD011 which intersected:

· 17m @ 858 g/t Ag from 5m (including 2m @ 6,349 g/t Ag);

· 10m @ 850 g/t Ag from 47m (including 3m @ 2,593 g/t Ag); and

· 13m @ 1,615 g/t Ag from 62m (including 2m @ 10,049 g/t Ag).

Drill hole 25WCDD011, which was strategically drilled to test depth and mineralisation continuity, has also intersected significant high-grade gold mineralisation (Table 2), including 1 metre at 11.1g/t Au.

Along with significant silver and gold mineralisation, native silver has also been identified in 25WCDD011 (Figure 1 & Figure 2). This development has initiated investigations within West Coast Silver Limited into the viability of a simplistic gravity separation process to recover free silver from Elizabeth Hill style mineralisation. Elizabeth Hill is located adjacent to a number of existing processing facilities, including Radio Hill, which is located ~25km to the north. Utilisation of these facilities will be factored into the WCE's assessment of the potential processing of Elizabeth Hill material.

Figure 1 - 25WCDD011: 49.68-53.28m - visible native silver and silver sulphide minerals (yellow circle) in coarse crystalline calcite-quartz vein. The vein is hosted in fine- to-medium grained pyroxenite. The silver minerals are between 1mm and 2mm in size and comprise about 1% of the 20cm calcite-quartz vein, commencing at 52m.

Cautionary Statement: In relation to disclosure of visual estimates of native silver and silver sulphide minerals, the Company cautions that visual methods of mineral identification and estimation of minerals abundance should not be considered as a proxy of substitute for laboratory analysis. The Ag concentrations as determined with the laboratory analysis are shown for the respective intervals on the core tray. Visual information also potentially provides no information regarding impurities or deleterious physical properties relevant to valuations.

Figure 2 - 25WCDD011: 52.01-52.2m (SAMPLE 25WC04-015) - Silver-grey native silver and silver sulphide minerals 1mm to 2mm in size comprise about 1% of the fine-grained quartz and coarse-grained calcite vein. Quartz comprises about 20% and calcite about 80% of the vein.

Drill hole 25WCDD012 has also intersected high-grade silver from near surface including:

· 6m @ 317 g/t Ag from 10m (including 1m @ 1,455 g/t Ag); and

· 14m @ 162 g/t Ag from 18m (including 2m @ 882 g/t Ag).

Hole ID	Interval (m)	Ag (g/t)	From (m)
25WCDD011	17.00	858	5.00
Including	2.00	6,349	7.00
25WCDD011	7.00	545	25.00
25WCDD011	1.00	29	42.00
Including	0.77	3,741	26.00
25WCDD011	10.00	850	47.00
including	3.00	2,593	50.00
25WCDD011	1.00	33	59.00
25WCDD011	13.00	1,615	62.00
Including	2.00	10,049	63.00
25WCDD011	8.00	101	80.00
25WCDD011	4.00	49	99.00
25WCDD012	1.00	28	4.00
25WCDD012	6.00	317	10.00
Including	1.00	1,455	13.00
25WCDD012	14.00	162	18.00
Including	2.00	882	26.00

Table 1 - Significant Silver Intercept Table (25g/t Ag cut-off)

Hole ID	Interval (m)	Au (g/t)	From (m)
25WCDD011	2.50	0.86	26.5
25WCDD011	1.00	11.10	51
25WCDD011	3.00	1.51	62

Table 2 - Significant Gold Intercept Table (0.1g/t Au cut-off)

Figure 3 - Plan view of 2025 West Coast Silver Diamond core drilling and historical drilling

Figure 4 - Long section showing drill holes 25WCDD004, 25WCDD011 & 25WCDD012 and previously reported 25WCDD001 & 25WCDD002 (refer to ASX announcement dated 16th July 2025).

Laboratory Testing

Results have now been received for six diamond drill holes (25CWDD001, 002, 003, 004, 011 & 012) with no significant drill intercepts received for holes 25CWDD003 and 25WCDD004 (Figure 4). The collar locations and assay results for the four holes reported in this release are provided in Appendices A and B, respectively. The remaining results for the six outstanding drill holes are expected to be returned within 4-6 weeks. Result timeframes may vary pending laboratory analysis requirements for further testing.

Upcoming Works at Elizabeth Hill

Figure 5 - Key upcoming works and catalysts, as provided by West Coast Silver

Elizabeth Hill Silver Project Overview

Elizabeth Hill, one of Australia's highest-grade silver projects, has a proven production history outlined below:

· High grades enable low processing tonnes: 1.2Moz of silver was produced from just 16,830t of ore at a head grade of 2,194g/t (70.5 oz/t Ag)[1]

· Previous mining operation ceased abruptly in 2000 because of low silver prices (US$5/oz)[2] and a dispute between previous joint venture parties

· Simplistic historical processing technique: native silver was recovered via low-cost gravity separation due to high grades and large silver nugget sizing

· Significant untapped potential remains in and around the historic mine site, with limited, outdated drilling and geophysics deployed

· Tier-1 mining jurisdiction - located on a mining lease with processing facilities adjacent at the nearby Radio Hill

Figure 6 - Tenement Location

Competent Person's Statement

The information in this announcement that relates to Drilling Results is based on information compiled by Mr Robert Mosig a Competent Person who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Mosig is a Director of West Coast Silver Limited and a Director of Alien Metals Limited.

Mr Mosig has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves', and a Specialist under the 2015 Edition of the 'Australasian Code for Public Reporting of technical assessments and valuations of mineral assets'.

Mr Mosig consents to the inclusion in the report of the matters based on his information and in the form and context in which it appears.

For further information, please visit the Company's website at www.alienmetals.uk or contact:

Strand Hanson (Financial and Nominated Adviser)

James Harris / James Dance / Robert Collins Tel: +44 (0) 207 409 3494

Zeus Capital Limited (Joint Broker)

Harry Ansell / Katy Mitchell Tel +44 (0) 203 829 5000

Turner Pope (Joint Broker)

Andy Thacker / James Pope

Tel: +44 (0) 203 657 0050

CMC Markets (Joint Broker)

Douglas Crippen

Tel: +44 (0) 203 003 8632

Yellow Jersey (Financial PR)

Charles Goodwin / Shivantha Thambirajah / Zara McKinlay Tel: +44 (0) 203 004 9512

Notes to Editors

Alien Metals Ltd is a mining exploration and development company listed on the AIM market of the London Stock Exchange (AIM: UFO). The Company's focus is on delivering a proﬁtable direct shipping iron ore operation from it 90% Hancock iron ore project in the central Pilbara region of Western Australia. The Hancock tenements currently contain a JORC-compliant resource of 8.4Mt iron ore @ 60% Fe and oﬀers signiﬁcant exploration upside which is targeted to deliver a mining operation of 2Mtpa for 10 years.

These Hancock Project tenements have direct access to the Great Northern Highway, which provides an essential export route to export facilities at Port Hedland, from where more than 500Mt of iron ore is exported annually (30% of global production). The Company also has an interest in two iron ore exploration projects Brockman and Vivash, located in the West Pilbara.

The Company owns one of Australia's largest PGM deposits, Munni Munni which hosts a deposit containing a historic resource of 2.2Moz PGM (Palladium, Platinum, and Rhodium) and Gold. The Company has recently entered into a joint venture with West Coast Silver Limited (formerly Errawarra Resources Limited) for the development of the Elizabeth Hill Silver Project, located near Karratha in the Pilbara, which consists of the Elizabeth Hill Mining Lease and explora5on tenements surrounding the historical silver mine which has produced some of Australia's highest-grade silver ore during the late 1990s.

Appendix A - Drill Collar Locations for West Coast Silver

Hole ID	Easting_m	Northing_m	RL	Azi	Dip	EOH (m)
25WCDD001	487008	7667938	79	91	62	47.2
25WCDD002	487023	7667943	79	165	75	90.5
25WCDD003	487033	7667910	80	180	60	120.4
25WCDD004	487062	7667898	82	240	65	141.9
25WCDD005	486972	7667906	79	140	65	171.3
25WCDD006	487090	7667909	84	250	57	192.41
25WCDD007	487004	7667937	79	110	55	57.3
25WCDD008	487003	7667936	79	130	62	63.3
25WCDD009	487037	7667918	80	265	65	60.1
25WCDD010	487037	7667918	80	250	72	66.4
25WCDD011	487025	7667955	79	180	50	103
25WCDD012	487020	7667937	79	164	90	54

Coordinate system GDA94z50

Appendix B - Assay Results for West Coast Silver

Hole_ID	From	To	Ag g/t	Au g/t	Cu %	Pb ppm	Zn ppm
25WCDD003	0.00	1.00	0.39	0.005	0.061	2.2	48
25WCDD003	1.00	2.00	0.19	0.005	0.110	1.8	93
25WCDD003	2.00	3.00	0.24	0.005	0.077	1.1	85
25WCDD003	3.00	4.00	0.41	0.005	0.065	0.9	70
25WCDD003	4.00	5.00	1.48	0.010	0.129	1.4	74
25WCDD003	5.00	6.00	2.12	0.005	0.121	1.3	70
25WCDD003	6.00	7.00	2.37	0.005	0.074	1.3	64
25WCDD003	7.00	8.00	1.69	0.010	0.045	0.8	63
25WCDD003	8.00	9.00	1.67	0.005	0.052	1	62
25WCDD003	9.00	10.00	0.67	0.005	0.028	0.8	65
25WCDD003	10.00	11.00	0.86	0.005	0.033	0.8	60
25WCDD003	11.00	12.00	1.29	0.005	0.045	0.8	59
25WCDD003	12.00	13.00	1.92	0.005	0.075	0.7	63
25WCDD003	13.00	14.00	0.98	0.005	0.039	1	65
25WCDD003	14.00	15.00	0.26	0.005	0.001	8.6	103
25WCDD003	15.00	16.00	0.16	0.020	0.001	5.2	135
25WCDD003	16.00	17.00	0.15	0.005	0.006	3.1	94
25WCDD003	17.00	18.00	0.24	0.005	0.011	1.9	83
25WCDD003	18.00	19.00	1.23	0.010	0.060	0.8	52
25WCDD003	19.00	20.00	0.58	0.005	0.029	0.8	56
25WCDD003	20.00	21.00	1.06	0.010	0.054	0.7	62
25WCDD003	21.00	22.00	2.18	0.070	0.125	1	72
25WCDD003	22.00	23.00	1.91	0.020	0.122	1	68
25WCDD003	23.00	24.00	1.10	0.005	0.064	0.7	64
25WCDD003	24.00	25.00	1.26	0.005	0.076	0.8	63
25WCDD003	25.00	26.00	7.83	0.010	0.407	1.2	69
25WCDD003	26.00	27.00	5.32	0.020	0.302	1.4	73
25WCDD003	27.00	28.00	1.94	0.030	0.091	0.9	61
25WCDD003	28.00	29.00	0.80	0.010	0.026	0.6	56
25WCDD003	29.00	30.00	0.65	0.005	0.023	0.8	56
25WCDD003	30.00	31.00	0.30	0.005	0.007	0.6	52
25WCDD003	31.00	32.00	0.36	0.005	0.010	0.6	51
25WCDD003	32.00	33.00	0.64	0.005	0.027	0.7	55
25WCDD003	33.00	34.00	0.33	0.010	0.011	1.4	59
25WCDD003	34.00	35.00	0.41	0.005	0.018	0.6	59
25WCDD003	35.00	36.00	2.12	0.010	0.131	0.7	62
25WCDD003	36.00	37.00	0.49	0.010	0.033	0.6	59
25WCDD003	37.00	38.00	0.85	0.010	0.054	0.7	59
25WCDD003	38.00	39.00	0.75	0.005	0.054	1.1	67
25WCDD003	39.00	40.00	0.63	0.010	0.047	2.5	69
25WCDD003	40.00	41.00	0.81	0.005	0.092	7.9	81
25WCDD003	41.00	42.00	0.42	0.005	0.039	3.9	77
25WCDD003	63.00	64.00	1.06	0.020	0.149	1.2	65
25WCDD003	64.00	65.00	0.72	0.010	0.087	1.3	65
25WCDD003	67.00	68.00	1.56	0.020	0.201	15.6	84
25WCDD003	68.00	69.00	1.03	0.010	0.156	12.7	84
25WCDD003	74.00	75.00	1.14	0.010	0.152	12.8	75
25WCDD003	75.00	76.00	0.37	0.005	0.056	4.1	76
25WCDD003	91.00	92.00	0.51	0.005	0.067	5.6	78
25WCDD003	92.00	93.00	0.42	0.005	0.045	4.6	70
25WCDD004	19.00	20.00	1.75	0.050	0.148	37.6	53
25WCDD004	24.00	25.00	0.38	0.010	0.038	1.4	59
25WCDD004	25.00	26.00	1.56	0.040	0.352	11.3	86
25WCDD004	26.00	27.00	1.17	0.010	0.205	1.9	78
25WCDD004	44.00	45.00	2.24	0.010	0.397	6	59
25WCDD004	45.00	46.00	0.85	0.005	0.144	3.1	51
25WCDD004	52.00	53.00	0.39	0.005	0.078	5.3	68
25WCDD004	57.00	58.00	0.72	0.005	0.170	5	66
25WCDD004	58.00	59.00	2.03	0.010	0.443	28.4	66
25WCDD004	74.00	75.00	3.31	0.010	0.811	16.3	91
25WCDD004	75.00	76.00	1.74	0.010	0.330	19.9	51
25WCDD004	76.00	77.00	2.95	0.010	0.482	9.6	59
25WCDD004	77.00	78.00	4.39	0.005	0.627	45.3	77
25WCDD004	78.00	79.00	3.45	0.005	0.551	25.5	85
25WCDD004	79.00	80.00	2.20	0.005	0.277	27.1	81
25WCDD004	80.00	81.00	15.70	0.010	1.760	15.4	142
25WCDD004	81.00	82.00	3.64	0.005	0.352	8	88
25WCDD004	82.00	83.00	1.78	0.005	0.071	10.4	89
25WCDD004	87.00	88.00	1.80	0.005	0.044	3.2	80
25WCDD004	88.00	89.00	5.30	0.005	0.121	3.6	84
25WCDD004	90.00	91.00	17.25	0.005	0.496	5.4	101
25WCDD004	91.00	92.00	1.19	0.005	0.024	2	82
25WCDD004	92.00	93.00	1.06	0.005	0.017	1.5	79
25WCDD004	93.00	94.00	1.95	0.005	0.024	2.3	78
25WCDD004	94.00	95.00	1.56	0.005	0.019	2.6	82
25WCDD004	95.00	96.00	3.21	0.005	0.041	2.8	86
25WCDD004	96.00	97.00	3.00	0.005	0.029	5.1	83
25WCDD004	97.00	98.00	2.91	0.005	0.027	2.8	83
25WCDD004	98.00	99.00	2.28	0.005	0.019	3	84
25WCDD004	99.00	100.00	8.09	0.005	0.064	9.6	91
25WCDD004	100.00	101.00	5.58	0.005	0.048	10.4	81
25WCDD004	101.00	102.00	6.17	0.005	0.053	6400	84
25WCDD004	102.00	103.00	6.98	0.005	0.055	13.6	72
25WCDD004	103.00	104.00	7.89	0.005	0.067	6.4	73
25WCDD004	104.00	105.00	8.28	0.005	0.075	14.3	92
25WCDD004	105.00	106.00	6.84	0.005	0.060	19.3	90
25WCDD004	106.00	107.00	2.88	0.005	0.023	60.4	109
25WCDD004	107.00	108.00	4.36	0.005	0.037	6.3	84
25WCDD004	108.00	109.00	10.55	0.010	0.081	7.9	84
25WCDD004	109.00	110.00	8.80	0.005	0.070	19.8	93
25WCDD004	110.00	111.00	6.70	0.005	0.047	33.2	224
25WCDD004	111.00	112.00	2.03	0.005	0.019	16	148
25WCDD004	112.00	113.00	6.88	0.005	0.067	98.4	153
25WCDD004	113.00	114.00	4.95	0.005	0.041	37.5	88
25WCDD004	114.00	115.00	1.92	0.005	0.016	220	107
25WCDD004	115.00	116.00	5.73	0.005	0.046	37.2	179
25WCDD004	116.00	117.00	7.07	0.005	0.061	21.3	151
25WCDD004	117.00	118.00	4.45	0.010	0.041	42.7	319
25WCDD004	118.00	119.00	2.65	0.005	0.020	54.3	174
25WCDD004	119.00	120.00	2.82	0.005	0.036	49.2	228
25WCDD004	120.00	121.00	5.46	0.005	0.050	139	1050
25WCDD004	121.00	122.00	5.73	0.005	0.054	119.5	634
25WCDD004	122.00	123.00	2.84	0.005	0.034	371	367
25WCDD004	123.00	124.00	4.54	0.005	0.047	108	245
25WCDD004	124.00	125.00	2.45	0.005	0.026	105.5	230
25WCDD004	125.00	126.00	4.89	0.005	0.040	246	635
25WCDD004	126.00	127.00	7.21	0.010	0.035	5830	1480
25WCDD004	127.00	128.00	2.96	0.005	0.034	208	437
25WCDD004	128.00	129.00	3.11	0.005	0.015	737	393
25WCDD004	129.00	130.00	3.91	0.010	0.006	520	142
25WCDD004	130.00	133.00	5.14	0.005	0.003	283	92
25WCDD004	133.00	134.00	11.55	0.010	0.002	70.9	57
25WCDD004	134.00	135.00	7.04	0.005	0.001	20	31
25WCDD004	135.00	136.00	2.70	0.010	0.001	21.9	26
25WCDD004	136.00	137.00	2.79	0.010	0.001	24.6	32
25WCDD004	137.00	138.00	0.41	0.010	0.001	38.6	19
25WCDD004	138.00	139.00	0.11	0.005	0.001	39.7	24
25WCDD004	139.00	140.00	0.12	0.010	0.000	41.8	23
25WCDD004	140.00	141.00	0.18	0.010	0.001	42.4	22
25WCDD004	141.00	141.90	0.08	0.010	0.000	56.1	15
25WCDD011	0.00	1.00	15.40	0.005	0.060	77.4	200
25WCDD011	1.00	2.00	4.87	0.005	0.078	56.8	163
25WCDD011	2.00	3.00	5.18	0.005	0.083	87.4	224
25WCDD011	3.00	4.00	4.60	0.005	0.016	160.5	257
25WCDD011	4.00	5.00	7.46	0.010	0.057	397	564
25WCDD011	5.00	6.00	28.10	0.010	0.070	308	320
25WCDD011	6.00	7.00	34.50	0.010	0.056	140.5	332
25WCDD011	7.00	8.00	11,878.00	0.440	0.437	290	695
25WCDD011	8.00	9.00	910.00	0.050	0.230	69.2	587
25WCDD011	9.00	10.00	69.20	0.010	0.242	1040	830
25WCDD011	10.00	11.00	90.00	0.020	0.093	3450	1005
25WCDD011	11.00	12.00	218.00	0.020	0.106	6140	1445
25WCDD011	12.00	13.00	92.50	0.060	0.149	2330	1595
25WCDD011	13.00	13.50	73.10	0.060	0.307	6800	1815
25WCDD011	13.50	14.00	190.00	0.070	0.298	7550	2010
25WCDD011	14.00	15.00	226.00	0.090	0.143	4450	2280
25WCDD011	15.00	16.00	100.00	0.040	0.129	3310	1395
25WCDD011	16.00	17.00	78.90	0.010	0.066	1730	875
25WCDD011	17.00	18.00	149.00	0.010	0.051	1130	393
25WCDD011	18.00	19.00	181.00	0.010	0.087	2290	437
25WCDD011	19.00	20.00	125.00	0.010	0.106	488	241
25WCDD011	20.00	21.00	105.00	0.010	0.055	574	113
25WCDD011	21.00	22.00	164.00	0.020	0.043	1120	276
25WCDD011	22.00	23.00	11.60	0.020	0.114	1265	843
25WCDD011	23.00	24.00	6.64	0.030	0.066	1015	1000
25WCDD011	24.00	25.00	12.05	0.020	0.043	453	844
25WCDD011	25.00	26.00	97.70	0.010	0.060	531	788
25WCDD011	26.00	26.50	928.00	0.020	0.089	876	1115
25WCDD011	26.50	26.77	8,950.00	1.900	0.217	1275	1575
25WCDD011	26.77	28.00	461.00	0.160	0.074	1445	1325
25WCDD011	28.00	29.00	96.40	0.100	0.085	5370	1105
25WCDD011	29.00	31.00	64.20	0.020	0.038	1725	696
25WCDD011	31.00	32.00	47.80	0.010	0.128	800	389
25WCDD011	32.00	33.00	15.40	0.005	0.050	70.3	148
25WCDD011	33.00	34.00	11.50	0.005	0.046	111	179
25WCDD011	34.00	35.00	14.75	0.005	0.068	80.7	124
25WCDD011	35.00	36.00	12.70	0.005	0.044	73.4	151
25WCDD011	36.00	37.00	14.05	0.005	0.073	103.5	286
25WCDD011	37.00	38.00	21.70	0.005	0.044	56.6	102
25WCDD011	38.00	39.00	10.55	0.005	0.049	100.5	208
25WCDD011	39.00	40.00	11.45	0.005	0.059	97.2	132
25WCDD011	40.00	41.00	11.00	0.005	0.055	34.4	295
25WCDD011	41.00	42.00	4.43	0.005	0.023	125	258
25WCDD011	42.00	43.00	28.80	0.005	0.033	2420	655
25WCDD011	43.00	44.00	3.19	0.010	0.047	139.5	324
25WCDD011	44.00	45.00	4.04	0.010	0.062	325	532
25WCDD011	45.00	46.00	12.55	0.010	0.031	96.7	342
25WCDD011	46.00	47.00	4.37	0.010	0.054	99.7	352
25WCDD011	47.00	48.00	375.00	0.100	0.284	541	738
25WCDD011	48.00	49.00	14.80	0.010	0.061	75.8	341
25WCDD011	49.00	50.00	109.00	0.020	0.033	58.6	164
25WCDD011	50.00	51.00	2,670.00	0.080	0.053	123.5	198
25WCDD011	51.00	52.00	2,770.00	11.100	0.055	5270	509
25WCDD011	52.00	53.00	2,340.00	0.070	0.043	818	262
25WCDD011	53.00	54.00	20.50	0.010	0.040	87.4	159
25WCDD011	54.00	55.00	135.00	0.010	0.572	254	430
25WCDD011	55.00	56.00	35.10	0.070	0.095	107.5	310
25WCDD011	56.00	57.00	33.80	0.010	0.123	110.5	236
25WCDD011	57.00	58.00	5.79	0.005	0.030	18.3	78
25WCDD011	58.00	59.00	21.70	0.005	0.054	59.2	146
25WCDD011	59.00	60.00	32.60	0.005	0.053	128	183
25WCDD011	60.00	61.00	21.00	0.005	0.030	18.4	91
25WCDD011	61.00	62.00	9.39	0.010	0.092	94.7	297
25WCDD011	62.00	63.00	81.80	0.340	0.043	632	344
25WCDD011	63.00	63.60	2,500.00	5.510	0.236	3340	4340
25WCDD011	63.60	64.04	19,442.50	1.590	0.973	10000*	4680
25WCDD011	64.04	65.00	10,461.00	0.180	0.791	10000*	7540
25WCDD011	65.00	65.55	289.00	0.020	0.412	7260	4330
25WCDD011	65.55	66.38	186.00	0.050	0.199	2210	3980
25WCDD011	66.38	67.00	318.00	0.050	0.030	1570	954
25WCDD011	67.00	68.00	127.00	0.010	0.027	453	386
25WCDD011	68.00	69.00	11.90	0.005	0.016	177.5	326
25WCDD011	69.00	70.00	6.25	0.005	0.018	230	728
25WCDD011	70.00	71.00	57.60	0.005	0.163	55.4	119
25WCDD011	71.00	72.10	27.90	0.005	0.073	31.6	101
25WCDD011	74.10	75.00	81.50	0.010	0.310	136	686
25WCDD011	75.00	76.00	11.40	0.005	0.048	90.2	669
25WCDD011	76.00	77.00	12.55	0.010	0.033	28.6	118
25WCDD011	77.00	78.00	7.89	0.005	0.017	38.7	68
25WCDD011	78.00	79.00	13.90	0.005	0.031	63.4	205
25WCDD011	79.00	80.00	11.00	0.005	0.027	65.4	128
25WCDD011	80.00	81.00	54.80	0.005	0.092	245	484
25WCDD011	81.00	82.00	6.34	0.010	0.064	313	710
25WCDD011	82.00	83.00	247.00	0.010	0.221	922	2320
25WCDD011	83.00	84.00	69.30	0.010	0.136	1255	3140
25WCDD011	84.00	85.00	76.20	0.010	0.103	333	2890
25WCDD011	85.00	86.00	199.00	0.090	0.980	5190	4260
25WCDD011	86.00	87.00	40.50	0.010	0.075	245	2060
25WCDD011	87.00	88.00	115.00	0.010	0.228	76.3	681
25WCDD011	88.00	88.70	21.40	0.005	0.060	139	528
25WCDD011	92.90	94.00	11.75	0.010	0.056	295	427
25WCDD011	94.00	95.00	4.12	0.090	0.026	56.1	306
25WCDD011	95.00	96.00	22.10	0.005	0.038	159.5	181
25WCDD011	96.00	97.00	14.60	0.005	0.047	102	284
25WCDD011	97.00	98.00	23.50	0.010	0.070	94	342
25WCDD011	98.00	99.00	20.90	0.010	0.024	40	202
25WCDD011	99.00	100.00	70.70	0.010	0.029	56.7	161
25WCDD011	100.00	101.00	66.00	0.020	0.031	72	1230
25WCDD011	101.00	102.00	14.45	0.005	0.032	51.8	190
25WCDD011	102.00	103.00	45.80	0.005	0.135	107.5	383
25WCDD012	0.00	1.00	9.67	0.010	0.360	125	248
25WCDD012	1.00	2.00	24.90	0.010	0.549	114.5	258
25WCDD012	2.00	3.00	3.33	0.005	0.253	22.1	435
25WCDD012	3.00	4.00	17.20	0.005	0.104	18.6	258
25WCDD012	4.00	5.00	28.40	0.005	0.151	158	408
25WCDD012	5.00	6.00	12.80	0.005	0.399	325	877
25WCDD012	6.00	7.00	7.08	0.005	0.295	3000	1005
25WCDD012	7.00	8.00	4.42	0.005	0.281	2560	1250
25WCDD012	8.00	9.00	5.12	0.005	0.181	3000	1365
25WCDD012	9.00	10.00	3.45	0.005	0.141	2800	1050
25WCDD012	10.00	11.00	48.80	0.020	0.188	4830	917
25WCDD012	11.00	12.00	14.85	0.010	0.254	4440	1215
25WCDD012	12.00	13.00	10.10	0.005	0.233	2580	1470
25WCDD012	13.00	14.00	1,455.00	0.410	0.271	6790	2060
25WCDD012	14.00	15.00	334.00	0.220	0.187	10000*	2120
25WCDD012	15.00	16.00	39.00	0.040	0.167	5100	1610
25WCDD012	16.00	17.00	17.90	0.020	0.309	3420	1870
25WCDD012	17.00	18.00	8.30	0.030	0.301	3240	1715
25WCDD012	18.00	19.00	32.00	0.030	0.261	4550	1780
25WCDD012	19.00	20.00	9.46	0.010	0.069	1405	1045
25WCDD012	20.00	21.00	56.70	0.030	0.044	1665	896
25WCDD012	21.00	22.00	26.90	0.020	0.043	1295	1095
25WCDD012	22.00	23.00	14.40	0.010	0.040	1555	1025
25WCDD012	23.00	24.00	7.34	0.005	0.056	1565	1115
25WCDD012	24.00	25.00	52.50	0.290	0.066	1765	1060
25WCDD012	25.00	26.00	82.40	0.020	0.051	231	721
25WCDD012	26.00	27.00	886.00	0.005	0.162	1190	1365
25WCDD012	27.00	28.00	877.00	0.010	0.022	4590	8890
25WCDD012	28.00	29.00	73.80	0.005	0.082	331	881
25WCDD012	29.00	29.50	25.30	0.005	0.085	79.3	315
25WCDD012	29.50	30.00	104.00	0.010	0.581	220	301
25WCDD012	30.00	31.00	10.65	0.005	0.061	77.7	191
25WCDD012	31.00	31.50	17.45	0.005	0.063	82.1	428
25WCDD012	31.50	32.00	120.00	0.010	0.419	58.3	346
25WCDD012	32.00	33.00	13.90	0.005	0.066	445	312
25WCDD012	33.00	34.00	4.89	0.005	0.010	175	72
25WCDD012	34.00	35.00	1.20	0.005	0.002	30.6	10
25WCDD012	35.00	36.00	207.00	0.010	0.029	2780	279
25WCDD012	36.00	37.00	9.68	0.005	0.037	84.2	145
25WCDD012	37.00	38.00	1.43	0.010	0.018	168	134
25WCDD012	38.00	39.00	0.42	0.005	0.003	113.5	131
25WCDD012	39.00	40.00	2.06	0.005	0.011	117	272
25WCDD012	40.00	41.00	2.73	0.005	0.015	146	412
25WCDD012	41.00	42.00	0.71	0.005	0.010	148.5	691
25WCDD012	42.00	43.00	2.08	0.005	0.037	146.5	216
25WCDD012	43.00	44.00	0.62	0.005	0.008	63.7	105
25WCDD012	44.00	45.00	0.44	0.005	0.016	36.4	27
25WCDD012	45.00	46.00	0.53	0.005	0.017	70.3	88
25WCDD012	46.00	47.00	0.97	0.005	0.024	63.2	178
25WCDD012	47.00	48.00	0.18	0.005	0.003	20.3	47
25WCDD012	48.00	49.00	0.12	0.005	0.001	17.4	49
25WCDD012	49.00	50.00	0.16	0.005	0.003	27.8	106
25WCDD012	50.00	51.00	0.46	0.005	0.007	60.7	185
25WCDD012	51.00	52.00	0.19	0.005	0.003	43	101
25WCDD012	52.00	53.00	0.12	0.005	0.001	30.2	57
25WCDD012	53.00	54.00	0.45	0.005	0.001	55.9	30

* above upper detection limit of 10,000g/t for the analytical method for Pb

[1] WAMEX Annual Report,1 April 2014 to 31 March 2015, Elizabeth Hill Silver Project, Global Strategic Metals NL, p16

[2] www.kitco.com/charts/silver

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