• Infill and extensional drilling at La Negra SE confirms broad, shallow zone of oxide silver-gold mineralisation over 850m strike and 175m vertical extent, open to the SE and at depth
• New standout drill results include 107m at 165gpt AgEq from 18m, 74m at 134gpt AgEq from 6m, and 81m at 107gpt AgEq from 2m
• True thickness ranges from 15 to 75 metres, supporting bulk open pit mining potential

Unico Silver reports assay results for 31 drill holes totalling 4,782m as part of an ongoing drill program at the company's 100%-owned Joaquin Project in Santa Cruz, Argentina. Infill and extensional drilling at La Negra SE has confirmed a broad, shallow zone of oxide silver-gold mineralisation over an 850m strike length and 175m vertical extent, which remains open to the southeast and at depth. Standout new drill results from the southeast of La Negra SE include JDD0113-25 returning 107m at 165gpt AgEq from 18m, including 55.6m at 245gpt AgEq from 67.9m; JDD0118-25 returning 74m at 134gpt AgEq from 6m, including 35.6m at 207gpt AgEq from 38.4m; and JDD0108-25 returning 81m at 107gpt AgEq from 2m, including 15m at 183gpt AgEq from 62m. True thickness of the mineralisation ranges from 15 to 75 metres, supporting the potential for bulk open-pit mining. Based on the timing and new results, the company will proceed directly to a Pre-Feasibility Study-level Mineral Resource Estimate covering La Negra, La Negra SE and La Morocha. Infill drilling at La Morocha SE will commence in February, providing upside for future resource estimates and mining studies. Regional exploration and soil geochemical sampling southeast of La Morocha has also defined a new 650m by 150m 'La Rubia' silver anomaly, confirming the potential for additional shallow discoveries along strike.

The company has not provided any high-importance, price-sensitive forward-looking financial metrics or guidance.

The company has not provided any forward-looking outlook statements.