Unico Silver Hits High-Grade Gold-Silver at Joaquin as Resource Update Nears

The latest announcement is out from E2 Metals Ltd. ( (AU:USL) ).

Unico Silver has reported high-grade gold-silver assay results from 56 drill holes at its Joaquin Project in Argentina, confirming shallow oxide mineralisation at the Breccia Puntudo prospect and strong intercepts at La Negra SE and La Morocha SE. The results suggest a potentially significant gold-rich corridor at Breccia Puntudo outside historical resource estimates and show that mineralisation at La Negra SE remains open at depth and to the southeast, underpinning a pending JORC mineral resource update and supporting the ongoing pre-feasibility study.

With two rigs now focused on extensional drilling and regional exploration at Breccia Puntudo, and infill drilling completed at La Negra SE, the company is positioning Joaquin for resource growth and possible mine design optimisation. Concurrent geotechnical, metallurgical and environmental baseline work is progressing to support open-pit design, processing flowsheet development and regulatory approvals, indicating a steady advance from exploration toward development with potential implications for future project economics and stakeholder outcomes.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$0.90 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

More about E2 Metals Ltd.

Unico Silver Limited is a precious metals exploration and development company focused on gold and silver projects. The company’s flagship asset is the 100%-owned Joaquin Project in Argentina’s Santa Cruz Province, where it is advancing multiple prospects through extensive drilling and pre-feasibility work.

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Technical Sentiment Signal: Buy

Current Market Cap: A$570.1M

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