Unico Silver Limited · ASX:USL
Unico Silver — Investor Presentation (March 2025)
18 slides from Unico Silver's investor presentation, Mar 18, 2025
Slide 1: Well-funded Silver Explorer Focused on Resource Growth in Santa Cruz, Argentina
For personal use only Well-funded Silver Explorer Focused on Resource Growth in Santa Cruz, Argentina Fully funded 50,000m drill program underway, unlocking new discoveries and growth Investor Presentation Unico Silver March 2025 ASX:USL
Slide 2: Forward looking statements and disclosures
Forward looking statements and disclosures DISCLAIMER COMPETENT PERSON STATEMENT The following material is for general information purposes only and is not to be relied This presentation contains information extracted from previous ASX releases which are upon for the making of an investment decision
Slide 3: Vision and Investment Summary
Vision To grow a globally significant silver development company with +300Moz silver equivalent resources. Investment Summary For personal use only Point Of Resource Track Record Difference Growth Potential Emerging silver developer Two fertile vein districts (Cerro Leon 2-year focus on consolidatio
Slide 4: Corporate Snapshot
Corporate Snapshot Options / Market MAJOR SHAREHOLDERS Shares Cash Performance Capitalisation Austral Gold 5.2% Eric Sprott 4.8% For personal use only Eduardo Elsztain 3.6% 436M 40M $87M1 $25.4M2 AUD AUD Institutional Ownership 18.0% 1 Market capitalisation at 21 cents AUD per share 2 Cash balance a
Slide 5: Santa Cruz, Argentina
Santa Cruz, Argentina Home of Majors, clear framework for permitting and building mines ARGENTINA • Pro-investment environment: RIGI (Incentive Regime for Large Investment) For personal use only mirrors successful fiscal reforms and stability agreements seen in 1980s Chile • Corporate activity: BHP
Slide 6: Two years of accretive M&A builds the foundations for resource growth
Two years of accretive M&A builds the foundations for resource growth and exploration success OCT 24 50,000m drill program Revised MRE Underway Due Q3 2025 For personal use only AUG 24 160Moz AgEq Joaquin Consolidation2 105Moz Ag, 407koz Au NOV 22 TO MAY 24 91Moz AgEq Cerro Leon Consolidation1 41Moz
Slide 7: Strategically located
Strategically located Building a camp-scale silver opportunity in a world-class precious metal district Resource Base Two adjacent Positive Market silver districts Comparable 160Moz @ never held by a Coeur Mining For personal use only 151gpt AgEq single junior acquired 49% of Ind, Inf 5 separate Joa
Slide 8: Exploration Priorities: 2025 Field Season
Exploration For personal use only Priorities 2025 Field Season Investor Presentation | July 2024 8
Slide 9: Fully funded drill program planned for 2025
Fully funded drill program planned for 2025 - focus on rapid resource growth across Cerro Leon and Joaquin Proposed 2024 2025 Exploration For personal use only Work Program Q4 Q1 Q2 Q3 Q4 PHASE 1: RC Drilling COMPLETED CERRO LEON PHASE 2: DIAMOND DRILLING UNDERWAY Infill / extensional drilling subje
Slide 10: Cerro Leon District – Focus on converting exploration target into mineral resources
Cerro Leon District – Focus on converting exploration target into mineral resources CERRO LEON EXPLORATION TARGET For personal use only • Exploration Target includes six structures (6km cumulative strike) outside current MRE (Karina, CSS, Ivonne Sur, Savary, Trinda, Kasia, Archen-Chala) • Leverage o
Slide 11: Karina and CSS – Developing discoveries outside MRE
Karina and CSS – Developing discoveries outside MRE KARINA (REPORTED Q1 2024) o Delivered silver grades up to 2609pt Ag in individual assays and For personal use only standout downhole Grade Thickness of 7305 GT. o Mineralisation spans 900m in strike length and 125m down-dip ▪ (PR003-24) 12m at 307g
Slide 12: Archen and Chala prospects – Developing discoveries outside MRE
Archen and Chala prospects – Developing discoveries outside MRE ARCHEN-CHALA (REPORTED Q1 2025): ▪ (PR035-24) 10m at 651gpt AgEq from 5m, inc. 3m at 1936gpt AgEq from 7m ▪ (PR036-24) 6m at 283gpt AgEq from 37m, inc. 2m at 695gpt AgEq from 38m For personal use only ▪ (PR041-24) 17m at 429gpt AgEq fro
Slide 13: Marta Sur and Ivonne Sur – Focus of current diamond drill program
Marta Sur and Ivonne Sur – Focus of current diamond drill program BARREN VEINS PASSING DOWN INTO WIDE MINERALISED ZONES. TARGETING INTERSECTION OF MARTA SUR AND IVONNE SUR VEINS MARTA SUR For personal use only 19m at 304 gpt AgEq from 58m (open at depth) IVONNE SUR 43.7m at 275gpt AgEq from 112m (ou
Slide 14: Joaquin Project - Consolidation of a silver district
Joaquin Project - Consolidation of a silver district historically divided by a tenement boundary JOAQUIN AND CERRO PUNTUDO • Formerly held by Pan American Silver and Yamana prior to the merger of the two companies in March 2023. Acquired by USL Oct 2024. For personal use only • Historical Foreign Es
Slide 15: Joaquin district – Options for immediate resource growth
Joaquin district – Options for immediate resource growth La Negra Extensions and Feeder Structure Potential for high-grade mineralisation beneath existing resource. For personal use only Hole DDJ-117 intercepted a strongly oxidised structure 225m below the surface that returned: LA NEGRA FEEDER: 4.5
Slide 16: Investment Highlights
Investment Highlights On our way to 300Moz in Santa Cruz, Argentina Significant Resource Base For personal use only Acquired Cost-effectively Upcoming Catalysts Silver Price Tailwinds 160Moz AgEq resource base* Rising industrial and renewables Fully funded 50,000m drill program and growing demand, s
Slide 17: Appendix A: Disclosure of Foreign Estimate
Appendix A: Disclosure of Foreign Estimate Table 1: Joaquin Project – Foreign Estimate as of February 2013 Resource Category Tonnes (Mt) Ag (gpt) Au (gpt) Ag (Moz) Au (Koz) AgEq (gpt) AgEq (Moz) M&I 15.7 128 0.12 65.2 61.1 138 70.1 For personal use only Inferred 1 100 0.12 3.1 3.7 110 3.3 Total 16.7
Slide 18: Appendix B: Cerro Leon Mineral Resource Statement
Appendix B: Cerro Leon Mineral Resource Statement Table 3: Cerro Leon Resources – Classification Category Tonnes AgEq (gpt) AgEq (Moz) Ag (g/t) Au (g/t) Pb (%) Zn (%) Ag Moz Au koz Pb Mlb Zn Mlb Indicated 6.82 172 37.8 86 0.49 0.28 0.93 18.8 107 41.9 140 For personal use only Inferred 9.65 172 53.5