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Unico Silver Limited (ASX:USL)

ALERT: Price-sensitive ASX Announcement for USL
Current share price for USL : $0.790 0.19 (31.67%)+
Announcement
Release
22 Jun 2026 9:10AM
Price at Release
$0.600
Full Release
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Summary
Unico Silver Limited announces further high-grade drill results outside of the Joaquin Mineral Resource Estimate (MRE) in Argentina. The drilling program, which includes 46 holes totaling 6,631 meters at the Joaquin Project, highlights the potential for significant resource expansion. Exceptional results at La Morocha SE show significant silver equivalent grades, supporting continued resource growth beyond the Pre-Feasibility Study (PFS). Drill results have confirmed mineralization extensions at La Negra SE and Breccia Puntudo, demonstrating increased grades and extended strike lengths. The results are poised to bolster the company's resource base and drive future exploration efforts.
Key Points
  • Further high-grade results outside of Joaquin MRE.
  • Exceptional drill results at La Morocha SE and La Negra SE.
  • 46 drill holes totaling 6,631 meters completed.
  • Significant silver equivalent grades at La Morocha SE.
  • Potential resource expansion beyond the current MRE.
  • Mineralization extends at La Negra SE and Breccia Puntudo.
  • Future exploration and resource expansion planned.
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.