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Unico Silver Limited (ASX:USL)

ALERT: Price-sensitive ASX Announcement for USL
Current share price for USL : $0.655 0.12 (22.43%)+
Announcement
Release
7 Nov 2025 9:03AM
Price at Release
$0.535
Full Release
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Summary
Unico Silver Limited (USL) announced new discoveries reinforcing the district potential at the Joaquin Project, located in Santa Cruz, Argentina. The company reported high-grade silver-gold assay results from its ongoing drilling program. Exceptional high-grade intercepts were found at La Morocha, La Negra SE, and La Morocha SE prospects. The results include significant silver-gold mineralization defined over large extents, with mineralization remaining open to the southeast and at depth. The Joaquin project, acquired from Pan American Silver Corp, is part of Unico Silver's Santa Cruz Portfolio, which holds a JORC-compliant Mineral Resource Estimate.
Key Points
  • High-grade drill results at La Morocha, La Negra SE, and La Morocha SE.
  • 21 holes (3587m) part of an ongoing drill program.
  • Mineralization defined over extensive strike and vertical extent.
  • Joaquin project acquired from Pan American Silver Corp.
  • Significant silver-gold assay results reinforcing district-scale potential.
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.