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Unico Silver Limited (ASX:USL)
ALERT: Price-sensitive ASX Announcement for USL
Current share price for USL : $0.630 0.04 (6.78%)+
Announcement
Release
13 Oct 2025 9:12AM
Price at Release
$0.590
Full Release
Summary
Unico Silver Limited has announced assay results for eight additional drill holes at the La Negra SE discovery within its Joaquin Project in Santa Cruz, Argentina. The drilling has extended mineralization 100 meters southeast and potentially at depth, with standout results including significant oxide silver-gold mineralization. The company is advancing a 20,000-meter drill program to support its development strategy of defining high-confidence silver resources. A third drill rig will be mobilized to expedite infill drilling, aiming for an updated JORC Mineral Resource Estimate in November 2025.
Key Points
- Assay results reported for eight additional holes at La Negra SE.
- Drilling extends mineralization 100 meters southeast.
- Significant oxide silver-gold mineralization identified.
- 20,000-meter drill program supports development strategy.
- Mobilization of a third drill rig for infill drilling.
- Updated JORC Mineral Resource Estimate expected in November 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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