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E2 Metals Ltd. ( (AU:USL) ) just unveiled an announcement.
Unico Silver Ltd. has completed the acquisition of the Joaquin Silver District from Pan American Silver Corp. and launched a substantial 50,000-meter drill program in Santa Cruz, Argentina. The completion of a $22.5m placement has bolstered their financial position, enabling further exploration at prospects like Karina, CSS, and Archen-Chala, with promising high-grade mineralization results. The company’s strategic exploration initiatives aim to extend the vertical continuity of its mineral resources, potentially advancing several historical targets to resource delineation status, thereby reinforcing its market standing and offering promising implications for stakeholders.
More about E2 Metals Ltd.
Unico Silver Ltd. operates in the mining industry, focusing primarily on the exploration and development of silver projects. The company is actively engaged in expanding its portfolio within the Santa Cruz region of Argentina, leveraging strategic acquisitions and advanced drilling programs to enhance its market position.
YTD Price Performance: -2.50%
Average Trading Volume: 1,283,126
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$85.4M
For detailed information about USL stock, go to TipRanks’ Stock Analysis page.
