Unico Silver Ltd
Unico Silver Limited is an Australian exploration and development company focused on uncovering world-class silver and gold deposits in Argentina’s prolific Santa Cruz province.
The business
Unico Silver Limited is an Australian exploration and development company focused on uncovering world-class silver and gold deposits in Argentina’s prolific Santa Cruz province. It holds 100% of the Cerro Leon, Cerro Puntudo, and Joaquin Projects, all are located in silver gold districts, Santa Cruz, Argentina. Its flagship Cerro Leon project is located within the mining friendly Santa Cruz province of Argentina, about 130 kilometers (km) northwest of the port town San Julian. The Cerro Leon Project is in the central Deseado Massif geological province, approximately 45 kilometers northwest of AngloGold Ashanti's Cerro Vanguardia mine. The Joaquin and Cerro Puntudo are located towards the central eastern margin of the Deseado Massif geological province that stretches across southern Argentina into the Chilean southern Andes. The Joaquin and Cerro Puntudo mining properties include over 16 titles, totaling approximately 35,946 hectares.
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Latest news
Unico Silver Delivers Timely 73% MRE Increase at Cerro Leon Project in Argentina
Unico Silver (ASX: USL) has reported a 73% increase in silver equivalent ounces at its Cerro Leon project in Santa Cruz, at time when silver prices are hitting record highs. The company says the increase in the Argentine project’s mineral resources estimate (MRE) to 162 million ounces of silver equivalent is an important milestone as […]
Unico Silver Announces Second Major Discovery in a Month at Joaquin Project in Argentina
Unico Silver (ASX: USL) continues to expand its Joaquin silver project with its second major discovery this month at the Argentinian operation. New drilling at Joaquin has identified a mineralised zone southeast of the La Morocha deposit hot on the heels of the company’s promising gold and silver find last week in a step-out program […]
Unico Silver returns highest silver intercept to date in Phase 3 drilling at Cerro Leon project
Unico Silver (ASX: USL) has announced the highest silver intercept to date following a Phase 3 exploration campaign at its Cerro León silver-gold development in Argentina. Drilling of 47 holes for a total 4,203 metres comprised 10 diamond holes for 1,438m and 37 reverse circulation holes for 2,765m. The work focused on infill drilling within […]
Market wrap: shares suffer Friday fade but still manage to add 1% in Budget week
The Australian market may have slid on Friday but still managed to add 1% in a week that featured the Federal Budget which certainly added some economic stimulus in the renewable energy and future metals space. Traders also grew more confident that the Reserve Bank might be getting closer to cutting official interest rates in […]
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