June 2026 Quarterly Activities & Cashflow Reports
| Stock | Unico Silver Ltd (USL.ASX) |
|---|---|
| Release Time | 22 Jul 2026, 9:34 a.m. |
| Price Sensitive | Yes |
Unico Silver Ltd June 2026 Quarterly Report
- Continued high-grade drilling extends mineralisation beyond the March 2026 Mineral Resource
- Exploration drilling complete, transitioning to PFS workstreams
- Upgraded United States quotation to OTCQX Best Market
- Acquired La Mata estancia for US$12.0 million
Unico Silver Ltd's June 2026 quarterly report highlights continued high-grade gold-silver intercepts at the Joaquin Project, extending mineralisation beyond the March 2026 Mineral Resource. The best hole at Breccia Puntudo was 11.25m at 1,301gpt AgEq, and at La Morocha SE, it was 52.3m at 378gpt AgEq. With exploration drilling complete, the company is transitioning to Pre-Feasibility Study (PFS) workstreams, including geotechnical drilling, environmental studies, and hydrological work. Unico Silver upgraded its United States quotation from the OTCQB Venture Market to the OTCQX Best Market and acquired the La Mata estancia for US$12.0 million, securing land hosting the La Morocha and La Negra Mineral Resources. The company remains well funded, with A$55 million of cash and cash equivalents at the end of the June 2026 quarter.
Maiden PFS scheduled for late Q3 2026
Unico Silver is transitioning to PFS workstreams and expects to resume exploration drilling in Q3 2026, targeting extensions at La Negra SE and La Morocha SE.