Unico Silver
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Unico Silver (USL) investor relations material

Unico Silver Investor presentation summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Investor presentation summary1 Feb, 2026

Strategic vision and growth pillars

  • Aims to build a globally significant, development-ready silver company advancing toward production, with a focus on resource scale, conversion, and rapid project advancement.

  • Cerro Leon resource stands at 162 Moz AgEq, with 67% in the Indicated category, supporting early mine planning.

  • Joaquin maiden JORC resource due late Feb 2026, with infill drilling nearing completion for high-confidence resource support.

  • 155% resource growth since 2H 2024, with further increases expected from ongoing drilling.

  • Fully funded through CY2026 with A$66m cash, enabling accelerated drilling, conversion, and feasibility work.

Resource expansion and project consolidation

  • Global resources have grown to 232 Moz AgEq, with Cerro Leon at 162 Moz AgEq and Joaquin at 74 Moz AgEq (historical estimate).

  • 20,456m of new drilling at Cerro Leon (2024-2025) and 30,000m at Joaquin support resource updates.

  • Discovery cost at Cerro Leon is USD 10c per AgEq ounce.

  • Consolidation of two major silver districts in Santa Cruz, Argentina, through five acquisitions since Nov 2022.

  • Largest silver resources in Santa Cruz, with 126 Moz of primary silver in resources.

Exploration, discoveries, and development milestones

  • Step-out drilling at La Negra SE and La Morocha SE delivered broad, shallow oxide intercepts, expanding resources beyond previous estimates.

  • La Negra SE discovery: 850m strike, 175m vertical extent, open at depth and along strike.

  • La Morocha SE discovery: 400m strike, 175m vertical extent, open at depth and along strike.

  • Multiple high-grade drill results at both La Negra and La Morocha, with infill and extensional drilling ongoing.

  • PFS drill grid complete at La Negra SE; maiden MRE due late Feb 2026.

PFS resource inclusion strategy
RIGI qualification certainty and timeline
Sulphide resource integration with oxide plan
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Frequently asked questions

Unico Silver Limited is an Australia-based mineral exploration company focused on the discovery and development of silver deposits. The company’s primary asset is the Cerro Leon Silver Project in Argentina, where it conducts exploration activities, drilling programs, and resource assessments to advance its mining prospects. Unico Silver aims to support the global silver supply for industries such as electronics, renewable energy, and jewelry. The company is headquartered in Australia, and its shares are listed on the Australian Securities Exchange (ASX).

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