Our Story
Unico Silver (ASX: USL) is an Australian exploration and development company focused on uncovering world-class silver and gold deposits in Argentina’s prolific Santa Cruz province. Originally a junior explorer, Unico has transitioned into a silver developer with a globally significant resource base. With over 160 million ounces of silver equivalent (AgEq) and a strategic position in one of the world’s most mining-friendly jurisdictions, we offer investors a unique opportunity on the ASX.
Our flagship projects—Cerro Leon and Joaquin—place us among the top three silver resource holders in Santa Cruz, behind only Newmont and AngloGold Ashanti. We’re now entering a new phase of growth, underpinned by strong leadership and supportive shareholders who share our vision for long-term value creation.
PLUS 150 - Immediate Exploration Target 150Moz AgEq free-milling pit constrained resources.
- Robust historical metallurgical testwork and recoveries a-b.
- Growth from Joaquin (baseload) with opportunity to truck shallow oxide mineralisation at Cerro Leon (high-grade and low strip).
- High silver tenor (potential silver metal mix ~75% Ag: 25% Au).
- All resources within granted mining licences («minas»).
- Development pathway accelerated by previous feasibility study by Pan American Silver (2018) for at Joaquin, including baseline environmental studies, significant investment in non-mining infrastructure (ownership of underlying farming land, 150-personnel camp).
BEYOND 300 - Increase mineral resources to 300 million ounces AgEq.
- Resource growth underpinned by multiple new sulphide discoveries (CSS, Karina, Kasia, MS Link, Savary, Ivonne).
- Potential to enhance scale and longevity.
