Announcement • Jan 28
Unico Silver Limited Announces Senior Board and Committee Appointments
Unico Silver Limited announced the appointment of Mr. Peter Holmes as an Executive Director, effective 27 January 2026. Mr. Holmes will also assume the role of Chair of the Board's Technical Committee. Mr. Holmes brings more than 35 years of global mining industry experience, with a career spanning mine construction, project execution, operations, and corporate leadership across gold and copper operations in Australia, the Americas, Africa and Asia. His experience includes senior leadership roles with: De Grey Mining - Project Director, responsible for end-to-end delivery of the Hemi Gold Project. Barrick Gold Corporation - Senior Director, Project Execution, overseeing a USD 9 billion capital projects portfolio including the Pueblo Viejo mine in Dominican Republic. SolGold - Director of studies, leading multi-disciplinary teams through Feasibility phases on a large- scale copper-gold development project in Ecuador. Beadell Resources - Chief Operating Officer. Across these roles, Mr. Holmes has led multiple greenfield and brownfield mine builds, feasibility studies, EPCM execution strategies, operational readiness programs, and major capital expansions, with hands-on experience in both open pit and underground mining environments. Mr. Holmes is a Queensland First Class Mine Manager, holds postgraduate qualifications in mining engineering, and has deep expertise across project governance, capital allocation, risk management, and technical assurance. As Chair of the Technical Committee, Mr. Holmes will play a central role in overseeing: Feasibility and execution planning for Joaquin and Cerro Leon Mine design, processing, infrastructure and capital development strategies; and Technical risk management and project readiness as Unico progresses toward reserve definition and development approvals USL also advises that Mr. Peter Canterbury will transition from Non-Executive Director to Executive Director, reflecting his increased involvement in development execution, financing strategy and corporate oversight. Mr. Canterbury is a highly regarded mining executive with over 30 years' experience in corporate finance, project development and capital markets, most recently serving as Chief Financial Officer of De Grey Mining Limited He was a pivotal member of the executive team that supported the progression of the world-class Hemi Gold Discovery through to Pre-Feasibility and Definitive Feasibility Studies, ultimately establishing Hemi as a Tier One project producing 530,000 ounces per annum over 10 years, with lowest-quartile AISC and capital intensity metrics. As Executive Director, Mr. Canterbury will provide direct oversight of Unico's development financing strategy, capital structuring, and project commercialisation pathways as the Company advances toward a maiden Feasibility Study.
