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E2 Metals Ltd. ( (AU:USL) ) has provided an update.
Unico Silver Limited announced a significant new discovery at the La Morocha SE zone within its Joaquin Project in Argentina, marking the second major find in July. The discovery, featuring a 69-meter intersection at 163gpt AgEq, underscores the potential for resource growth and aligns with the company’s strategic goal of achieving 150 million ounces of silver equivalent in pit-constrained resources. With mineralization open in multiple directions, the company anticipates further resource growth, although the upcoming Mineral Resource Estimate may not fully capture recent developments.
More about E2 Metals Ltd.
Unico Silver Limited is a company operating in the mining industry, focusing on the exploration and development of silver and gold resources. The company owns the Joaquin Project in Santa Cruz, Argentina, and is committed to expanding its mineral resource base.
Average Trading Volume: 1,869,757
Technical Sentiment Signal: Buy
Current Market Cap: A$199.3M
Find detailed analytics on USL stock on TipRanks’ Stock Analysis page.