en.Wedoany.com Reported - Australian mining company Unico Silver has recently released the latest assay results from its drilling operations at the Joaquin project in Santa Cruz Province, Argentina, further expanding the resource estimate scale of the project.
The data released this time comes from 75 drill holes as part of an ongoing 30,000-meter drilling program, with assay results from multiple prospects showing strong gold and silver mineralization. Specific intercepts include: 11.25 meters grading 1,301 g/t silver equivalent from a depth of 127.4 meters, including 6.8 meters grading 1,984 g/t from 131.2 meters; 23.5 meters grading 266 g/t from a depth of 155 meters, containing 14.2 meters grading 397 g/t from 163 meters; and a 29.4-meter section grading 152 g/t from 51 meters.
Managing Director Todd Williams commented that the drilling results at the Joaquin project continue to be "strong and consistent," with the mineralized footprint now extending beyond the original resource estimate boundaries of multiple prospects. He also noted: "At Breccia Puntudo, the latest data has delivered the highest-grade results recorded to date and further reinforces the structure's potential as a source of high-grade ore, which will play a key role in the upcoming pre-feasibility study." He also emphasized that the mineralization along this 3.5-kilometer strike remains open, and resource enhancement is expected through the delineation of high-grade ore shoots.
Regarding the La Negra SE and La Morocha SE areas, Williams stated that extensional and step-out drilling continues to reveal wide zones of oxidized mineralization, confirming excellent continuity and supporting continued resource growth. He said: "These results consolidate the company's strategy of building a scalable, high-margin oxidized resource base, with the current focus on advancing resources to higher confidence categories and integrating the tonnage into the development pipeline."
As previously reported, Unico increased the resource size of the Joaquin project by 143% in March 2026, reaching 45.3 million tonnes grading 115 g/t silver equivalent, containing a total of 167 million ounces of silver equivalent. Unico Silver is a mineral exploration company focused on exploring for silver and gold in the Santa Cruz region of Argentina.
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