• Significant silver and gold assay results from extensional and infill drilling within La Negra SE and La Morocha SE
• Mineralisation expanded to 775m strike and 150m vertical, remaining open to the southeast and at depth
• Geotechnical drilling underway to inform open-pit design parameters

Unico Silver Limited (USL) is pleased to report assay results for 29 holes (4699m) as part of an ongoing drill program at the Company's 100%-owned Joaquin Project in Santa Cruz, Argentina. The results confirm significant silver and gold mineralisation at both the La Negra SE and La Morocha SE prospects, with highlights including 8.1m at 474gpt AgEq, 93m at 137gpt AgEq, and 67m at 97gpt AgEq. Mineralisation has now been defined over a 775m strike and 150m vertical extent, and remains open to the southeast and at depth. The Company is advancing the project towards a maiden feasibility study, with geotechnical drilling underway to inform open-pit design parameters and environmental baseline studies scheduled to commence. This integrated approach to drilling and development reflects Unico's commitment to advancing Joaquin as a near-term production opportunity within the company's broader exploration and development strategies.

The focus of the current 30,000m fully funded drill program will include extensional and infill drilling at La Negra SE and La Morocha SE, regional scout drilling, an interim Mineral Resource Estimate, geotechnical drilling, and ongoing mapping and sampling to expand the current area of interest.