RC Drilling Commences to Advance Elizabeth Hill

RC Drilling Commences to Advance High Grade Elizabeth Hill Silver Project

Alien Metals Limited (AIM: UFO), a minerals exploration and development company, is pleased to advise that its joint venture partner, West Coast Silver Limited (ASX: WCE) ("West Coast" or "West Coast Silver"), has announced that a 4,000m Reverse Circulation (RC) drilling program has commenced at the Elizabeth Hill Silver Project near Karratha, in the Pilbara region of Western Australia.

The full text of the announcement issued by West Coast Silver is provided below in Appendix A.

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

Alien Metals Limited

Bruce Garlick

Strand Hanson (Financial and Nominated Adviser)

James Harris / James Dance / Edward Foulkes

Zeus Capital Limited (Joint Broker)

Harry Ansell / Katy Mitchell

Tel +44 (0) 203 829 5000

Turner Pope (Joint Broker)

Andy Thacker / Guy McDougall

Yellow Jersey (Financial PR)

Charles Goodwin / Shivantha Thambirajah

Appendix A - ASX: WCE ANNOUNCEMENT

RC Drilling Commences to Advance High Grade Elizabeth Hill Silver Project

Highlights

• Up to 4,000m Reverse Circulation (RC) drilling program has commenced at the Elizabeth Hill silver project in the Pilbara region of Western Australia.
• Initial drilling targets the northern extensions to the Elizabeth Hill silver mineralised system along the Munni Munni Fault (MMF).
• The RC program follows up high-grade grade silver intersections returned from 2025 drilling.
• All holes are targeted to intersect the MMF within ~150m of surface, a depth potentially amenable for open-pit mineable, low-cost resource growth.
• The RC program is designed to support expansion of the Elizabeth Hill mineralised footprint.
• Drilling includes extending areas directly up-dip and plunge of the Elizabeth Hill underground silver mine, defined in 2025 as being mineralised to surface.

West Coast Silver Limited (ASX: WCE) ('West Coast Silver' or the 'Company') is pleased to announce an up to 4,000m Reverse Circulation (RC) drilling program has commenced at its flagship Elizabeth Hill silver project in the Pilbara region of Western Australia. The RC drilling is designed to expand the existing footprint of Elizabeth Hill high-grade silver mineralisation up-dip and plunge of the historical Elizabeth Hill silver mine (Figure 1).

RC drilling will test for mineralisation extension along strike of the historic Elizabeth Hill high-grade underground silver mine and newly identified structural targets along the Munni Munni Fault (MMF). The MMF is a significant regional control on mineralisation.

The RC program will specifically test for extensions of mineralisation north and northwest of 2025 diamond and aircore drilling results, as well as along the MMF at Elizabeth Hill North (EHN) and Elizabeth Hill South (EHS). Previous drilling at EHN and EHS intersected moderate to high-grade near-surface silver mineralisation justifying follow-up to confirm depth potential, continuity, grade and distribution of intercepted zones.

All holes are targeting to intersect the MMF within approximately 150m of surface, highlighting the potential for rapid and cost-effective resource growth.

Initial RC drilling will be to the north of the historical Elizabeth Hill silver mine and then focusing on areas south along the Munni Munni Fault. Drilling is expected to take approximately four to six weeks, subject to weather and operational conditions. Assay results are anticipated to be received progressively through Q2 2026

Figure 1: Long Section showing proposed pierce points of planned RC drilling north of Elizabeth Hill.

Note: A pierce point is the point where the planned RC drill hole intersects a vertical plane containing the length of the mineralised zone.

Commenting on the results, Executive Chairman Bruce Garlick said:

"Our 2025 drilling confirmed that silver mineralisation at Elizabeth Hill extends beyond the historical underground mine and is associated with a broader structural corridor along the Munni Munni Fault. This RC program is designed to test shallow extensions north and south of the mine and to generate the systematic data required for West Coast Silver's inaugural Elizabeth Hill Mineral Resource Estimate. With targets located close to surface and near existing infrastructure, the program will advance Elizabeth Hill towards an Economic Scoping Study".

Photo 1: NexGen Drilling 'Schramm T450GT' RC drill rig on first hole of 2026 EHN program.

Note: RC drilling is a form of percussion drilling that uses high pressure air to flush rock chips up the centre of the drill rod for collection at surface in carefully controlled intervals representative of the depth of drilling. As drill chips travel up the centre of the RC drill rod, there is minimum sample contamination. Samples are split, logged and bagged for transport to Perth for laboratory assay.

Exploration Next Steps

West Coast Silver is running multiple exploration programs from end of March to end of May 2026. With RC drilling having started, down-hole and surface geophysics are scheduled to commence at the end of March 2026. Diamond drilling to test the down-plunge extension of the Elizabeth Hill orebody commences in early April depending on drill rig availability.

Focus through the next three months of exploration activities will be on processing, interpreting and reporting results, as well as dynamic repositioning of remaining planned drill holes to maximise chances of success from results received (geological, assay, geophysical).

The Elizabeth Hill Project

• Mining operations ceased in 2000 as a result of low silver prices (US $5)[2].

Figure 2: Elizabeth Hill Project Tenement Location.

Bruce Garlick

Executive Director

West Coast Silver Limited

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