Unico Silver Limited (ASX:USL) reported high-grade assay results from its drilling program at the Joaquin Project in Argentina.
Assays from 46 drillholes delivered gold-silver intercepts at the La Morocha SE, Breccia Puntudo, and La Negra SE prospects. These results sit outside the current March 2026 Mineral Resource Estimate (MRE).
Extensional drilling at La Morocha SE produced the best drillhole to date. One intercept returned 52.3m at 378 g/t silver equivalent. This result included a high-grade zone of 8.5m at 1,831 g/t silver equivalent.
Infill drilling at Breccia Puntudo yielded 12.7m at 1,178 g/t silver equivalent. This data supports upgrading resource confidence in the area.
The findings demonstrate potential to expand existing oxide resources at Joaquin. These intercepts underpin resource growth ahead of a maiden Pre-Feasibility Study (PFS). The company scheduled the PFS for the third quarter of 2026.