Unico Silver maps 55 targets in Argentina
Key points
- Unico Silver has mapped 55 surface exploration targets across its Joaquin and Cerro Leon projects in Argentina.
- Company shares rose 4.92% to $0.64 following the regional exploration update.
- The explorer selected nine priority targets for follow-up work ahead of a scheduled pre-feasibility study in January 2027.
Unico Silver (ASX:USL) identified 55 surface exploration targets across its wholly owned Joaquin and Cerro Leon projects in Santa Cruz, Argentina.
The company compiled 19,406 surface samples and 643 line-kilometres of ground magnetic surveys to establish the new exploration inventory.
“This update is a significant step forward for regional exploration at the Joaquin and Cerro Leon projects, turning 18 months of work across our district-scale land position into a ranked pipeline of 55 targets,” said Unico Silver Managing Director Todd Williams.
Field crews have prioritised nine targets for testing during the 2026–27 summer season, including seven prospects outside existing mineral resources.
Following the announcement, the Unico Silver share price was up at $0.64.
Regional work remains separate from the broader pre-feasibility study for Joaquin and Cerro Leon, which management rescheduled to January 2027 to incorporate updated mineral resource figures.
The company previously secured surface rights at the La Mata estancia and completed an institutional share placement to raise $60 million for feasibility studies.
