Unico Silver Limited has reported final assay results from its Phase 2 diamond drilling campaign at the Cerro Leon project in Santa Cruz, Argentina. The company completed 63 diamond drill holes totaling 9,143 metres, with the campaign confirming multiple new discoveries and exceptional intercepts of high-grade shallow oxide silver mineralisation. Technical highlights include standout intercepts at the Karina prospect, where one drill hole returned 7.6 metres at an impressive 980 grams per tonne silver equivalent, including a subinterval with bonanza grades up to nearly 6,000 grams per tonne silver equivalent. Other significant intercepts include 38.6 metres at 176 grams per tonne and 13 metres at 772 grams per tonne silver equivalent, among several others identified at Savary, Kasia, MS Link, and the emerging Silvia target. The drilling not only extended known mineralisation boundaries but also unveiled new targets beyond the current Mineral Resource Estimate. At Savary, the drill holes confirmed a mineralised zone extending approximately 700 metres in strike and 150 metres vertically, while the Kasia and MS Link prospects disclosed broad zones of polymetallic mineralisation. In addition, the Ivonne Extension now shows evidence of mineralisation plunging over 400 metres in strike and extending more than 100 metres vertically beyond established resources. The company has already commenced an expanded Phase 3 drill program combining 6,500 metres of reverse circulation and diamond drilling designed to infill high-grade zones and target deeper polymetallic occurrences to upgrade resource confidence. The technical indicators reveal robust grades calculated on a silver equivalent basis using industry-standard metallurgical assumptions. Reported intercepts such as those from the Karina, Savary, Kasia, and MS Link targets demonstrate not only high-grade silver values but also notable widths and continuity. Regional exploration work at Sierra Blanca further complements the drilling results, suggesting a broader potential for discovery within the district. On one hand, these drilling outcomes bolster a bullish sentiment among investors. The impressive high-grade intercepts and the expansion of mineralised zones suggest a strong potential to convert these discoveries into an upgraded resource, which could enhance the project's long-term economic viability. The initiation of Phase 3 drilling aimed at resource conversion and expanded exploration adds further momentum to the project’s potential. Conversely, the news also retains elements that may invoke cautious sentiment. As the project remains in the exploration stage, uncertainties persist regarding the conversion of drill results into defined economic resources. The inherent risks of early-stage exploration, including further drilling requirements, geotechnical challenges, and market dynamics, mean that investors should remain prudent while the company works toward a maiden Mineral Resource Estimate and subsequent economic studies. Overall, Unico Silver Limited’s latest drilling results underscore the Cerro Leon project’s significant exploration potential, while the dual nature of optimism balanced by exploration risks guides a measured outlook for beginner traders.