Unico Silver (ASX:USL) started a 5,000-meter reverse circulation drill program at the Cerro Leon project in Argentina, according to a Monday filing with the Australian bourse.
The program is being conducted to expand the mineral resource estimate of the project, including testing priority targets identified outside of known mineralization, the filing said.
Shares of Unico Silver rallied almost 18% in recent Monday trade to its highest since late November 2021.
Price (AUD): $0.34, Change: $+0.05, Percent Change: +17.54%
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