Errawarra Resources fast-tracks exploration at Elizabeth Hill Project

Errawarra Resources (ASX:ERW) announced rapid progress in advancing exploration activities at its Elizabeth Hill Silver Project in Western Australia, with inaugural drilling expected to commence within approximately six weeks. The company is finalising high-priority drill targets near the historic Elizabeth Hill Silver deposit. Discussions with drilling contractors are well advanced, and a contract award is imminent. Fieldwork continues on-site, including systematic soil sampling and geological mapping of both near-mine and distal targets. Initial soil samples are ready for dispatch to the laboratory, with assay results expected within five to six weeks. A site visit by Errawarra's geological partner, ERM, is planned to validate drill targets and provide oversight on sampling and mapping activities. Significant strides have also been made towards finalising the company’s strategic transaction. Errawarra raised $3 million, with $631,000 received and the balance held in trust. A general meeting is scheduled for May 19 to approve the transaction, with due diligence nearing completion. Post-approval, the company will rebrand as West Coast Silver, aligning its identity with its sharpened focus on the Elizabeth Hill Silver Project. Elizabeth Hill is recognised as one of Australia's high-grade silver projects, having historically produced 1.2 million ounces of silver from just 16,830 tonnes of ore at an average grade of 2,194 g/t. The deposit remains open at depth, and the recent consolidation of a 180km2 land package positions the company for near-mine and regional exploration upside. At the time of reporting, Errawarra Resources' share price was $0.058.