An announcement from E2 Metals Ltd. ( (AU:USL) ) is now available.
Unico Silver Limited has announced promising drill results from its Cerro Leon project in Argentina, revealing high-grade mineralization at the Archen site, which extends 50 meters vertically and remains open at depth. The discovery of new mineralized zones outside the existing resource base highlights the project’s strong exploration potential and could significantly enhance the company’s resource portfolio. The ongoing drilling program aims to further explore the underexplored western extension of the Cerro Leon vein field, with additional regional exploration planned to identify new targets and expand the resource base.
More about E2 Metals Ltd.
Unico Silver Limited (USL) operates in the mining industry, focusing on silver and gold exploration and production. The company holds 100% ownership of the Cerro Leon and Joaquin silver-gold districts located in the central Deseado Massif geological province, Santa Cruz, Argentina. These projects are strategically positioned within a structural corridor that hosts the Cerro Vanguardia mine, owned by AngloGold Ashanti. USL’s projects have significant mineral resources, with Cerro Leon hosting a JORC compliant Mineral Resource Estimate of 91Moz AgEq.
YTD Price Performance: -2.50%
Average Trading Volume: 1,026,945
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$85.4M
For a thorough assessment of USL stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com