E2 Metals Ltd. (AU:USL) has released an update.
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Unico Silver has completed the acquisition of the Joaquin and Cerro Puntudo projects from Pan American Silver, doubling its silver equivalent resources. The company has also secured $8 million in funding to support this acquisition and initiated a 5,000-meter drilling program at its Cerro Leon project. With a cash balance of $11.5 million, Unico Silver is poised to capitalize on the rising silver prices and expand its resource base through strategic exploration.
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