HIGHLIGHTS
- Infill drilling at La Morocha defines the up-dip projection of high-grade mineralization.
| JDD064-25 | 42.4m bee 437gpt AgEq (0gpt Au, 437gpt Ag) from 49.6 m, including:
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- At La Negra SE, drilling has extended mineralization another 200 meters to the southeast, as defined by exploration hole JDD047-25, which yielded 34.7 meters at 110 gpt AgEq (0.4 gpt Au, 69 gpt Ag) from 121.5 meters.
- Significant silver gold test results from extension and infill drilling in La Negra SE, include:
JDD048-25 | 43m bee 256gpt AgEq (1.8gpt Au, 74gpt Ag) from 75m, including:
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JDD052-25 | Gm bee 787gpt AgEq (7.7gpt Au, 38gpt Ag) from 162m
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JDD056-25 | 34m bee 170 gpt AgEq (0.5gpt Au, 121gpt Ag) from 177m, including:
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JDD061-25 | 8.4m bee 413gpt AgEq (1.2 gpt Au, 290 gpt Ag) from 51.6 m, including:
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JDD063-25 | 71m bee 131gpt AgEq (0.7GPT AU, 62Gpt Ag) from 7M, including:
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- Mineralization is now defined over an elevation of 725 meters and a vertical extent of 150 meters and remains open to the southeast and at depth. Actual thickness from 10 m to 75 m and increasing at structural intersections.
- Key follow-up silver-gold test results from the La Morocha SE discovery include:
JDD070-25 | 20m bee 160gpt AgEq (0.6gpt Au, 120gpt Ag) from 175m, including:
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JDD071-25 | 36m bee 130 gpt AgEq (0.5gpt Au, 84gpt Ag) from 127m, including:
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JDD075-25 | 17 m bee 200 gpt AgEq (1.2gpt Au, 79gpt Ag) from 215m, including:
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- Mineralization is currently defined over an elevation of 400 meters and a vertical extent of 175 meters and is open to the southeast and at depth. The actual thickness varies from 15 to 60 meters.
Figure 1: La Morocha hole JDD0C4-25, 42.4 m at 437 gpt AgEq from 43 cm, including 1.8 m at 8313 gpt AgEq
Managing Director Todd Williams says:
“The Joaquin Project continues to produce exceptional results. Infill drilling at La Morocha has confirmed that bonanza-grade silver mineralization – typical of that previously mined underground by Pan American Silver – extends much closer to the surface than previously thought. A striking intercept of 1.8 meters at 8,335 gpt AgEq from 52 meters demonstrates the potential for early ounces at the surface and strengthens the case for open-pit development.
At La Negra SE, incremental drilling has extended mineralization by a further 200 meters to the southeast, with hole JDD047-25 returning 34.7 meters at 110 gpt AgEq, while infill holes continue to intersect broad zones of silver-gpt mineralization close to the surface, including 43 meters at 25C gpt AgEq (JDD048-25) and 71 meters at 131 gpt AgEq (JDD0c3-25). Deeper drilling has successfully extended mineralization to over 1c0 meters vertically, with 34 meters at 170 gpt AgEq (JDD05c-25), and the system remains open in all directions.
Early follow-up drilling at La Morocha SE has also confirmed a new discovery, with strong mineralization returning over multiple holes, including 20 meters at 1C0 g/t AgEq (JDD070-25). Visible gold continues to be observed in several recent holes where testing is underway, highlighting the robust scale and continuity of this emerging district-wide system. With multiple discoveries and shallow, high-grade intercepts now defined in the Joaquin District, Unico is rapidly advancing the company’s PLUS 150 and BEYOND 300 development and exploration growth strategies.”
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