Multiple New Discoveries Confirmed, Exceptional Shallow Oxide Silver Mineralisation Continues.
By Panorama Minero
Unico Silver Limited reported final assay results from 63 diamond drill holes totalling 9,143 metres as part of the successful Phase 2 program at Cerro Leon project, located in Santa Cruz province. Results have confirmed multiple new discoveries and standout intercepts of high-grade shallow oxide silver mineralisation, with drilling now extended into an expanded Phase 3 program.
HIGHLIGHTS
• Further high-grade intercepts from Karina
• Karina (P042-25) 7.6m at 980gpt AgEq (silver equiv) from 11.4m
(P046-25) 38.6m at 176gpt AgEq from 20.8m
(P049-25) 13m at 772gpt AgEq from 42m, including
1.7m at 4,625gpt AgEq from 52.4m
•Individual assays of 5638gpt Ag confirm bonanza grades.
• Multiple new discoveries across Cerro Leon
• Savary (P030-25) 30m at 293gpt AgEq from 92.6m
• Kasia (P054-25) 39m at 150gpt AgEq from 60.6m
• MS Link (P005-25) 72.4m at 83gpt AgEq from 46.6m
•Silvia (P061-25) 12.8m at 159gpt AgEq from 140.2m
• Phase 3 drilling underway
• 3,500m of Reverse Circulation (RC) drilling focused on infill at Karina and other targets
• Aims to convert high-grade oxide zones to Indicated category.
• 3,000m of diamond drilling targeting deeper polymetallic zones and maiden MRE for newly defined structures.
Managing Director Todd Williams commented: "Phase 2 has delivered outstanding results, with each priority target returning high-grade silver intercepts. Notably, Karina continues to impress with some of the highest-grade shallow oxide silver drilled to date. Phase 3 is now underway, designed to convert mineralisation to Indicated status and to unlock the broader scale of the Cerro Leon district—including new high-grade polymetallic and bulk-tonnage targets such as MS Link. We are equally excited by the emerging regional potential at Sierra Blanca, where Archen represents just the first of several underexplored vein systems."
