Unico Silver Ltd. engages in the exploration and development of mineral properties. The company is headquartered in South Melbourne, Victoria. The company went IPO on 2017-04-19. The company holds 100% of the Cerro Leon, Cerro Puntudo, and Joaquin Projects, all are located in silver gold districts, Santa Cruz, Argentina. Its flagship Cerro Leon project is located within the mining friendly Santa Cruz province of Argentina, about 130 kilometers (km) northwest of the port town San Julian. The Cerro Leon Project is in the central Deseado Massif geological province, approximately 45 kilometers northwest of AngloGold Ashanti's Cerro Vanguardia mine. The Joaquin and Cerro Puntudo are located towards the central eastern margin of the Deseado Massif geological province that stretches across southern Argentina into the Chilean southern Andes. The Joaquin and Cerro Puntudo mining properties include over 16 titles, totaling approximately 35,946 hectares.