Unico Silver LimitedASX: USL

Drilling confirms new La Morocha discovery

· Issued by Unico Silver Limited

Filed with ASX · · 22 pages · English

Summary by 6ix AI

Unico Silver Limited has announced the discovery of a new mineralized zone named La Morocha SE, located southeast of the existing La Morocha deposit within its Joaquin Project in Argentina. The drilling results indicate significant mineralization, with one hole intersecting a substantial thickness of silver and gold equivalent grades, confirming the potential for further resource growth. This discovery follows another major find in July and highlights the exploration potential of the previously overlooked Cerro Puntudo area. The company plans to revise its Mineral Resource Estimate in the near future, reflecting the recent discoveries and ongoing drilling efforts.

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