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Unico Silver Reports High-Grade Drill Results Supporting Resource Growth at Joaquin Project

Unico Silver Limited (ASX: USL) has reported strong assay results from its ongoing drilling program at the wholly owned Joaquin Project in Santa Cruz Province, Argentina, highlighting significant potential for further resource expansion beyond the current Mineral Resource Estimate (MRE). The latest campaign comprised 46 drill holes totaling 6,631 metres and delivered encouraging gold-silver intercepts across the La Morocha SE, Breccia Puntudo and La Negra SE prospects. At La Morocha SE, extensional drilling returned the strongest result recorded at the prospect to date, including 52.3 metres at 378 grams per tonne silver equivalent, demonstrating increasing gold grades at depth and confirming the continuity of mineralisation beyond existing resource boundaries. Infill drilling at Breccia Puntudo also produced high-grade gold intersections that support the conversion of inferred resources into higher-confidence categories. Meanwhile, step-out drilling at La Negra SE continued to intersect broad zones of oxide gold-silver mineralisation both along strike and below the current resource footprint. The results strengthen confidence in the growth potential of the Joaquin Project and support the company’s strategy of expanding resources ahead of future development studies.

 

 

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