KUYA SILVER CORP - KUYAF STOCK NEWS

Kuya Silver (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) has announced the start of production at their Bethania silver mine, marking a significant milestone. Initial mineralized material is being extracted from the Española vein system at the 640 level and stockpiled for future milling. Production is expected to increase to an initial target of 350 tons per day over the next year. Reconditioning efforts are ongoing at the 640 and 670 levels to ensure safe production. As operations scale, the company aims to transition to more frequent processing batches. COO Christian Aramayo emphasized the dedication and safety culture of the Kuya Silver team in reaching this milestone.

Kuya Silver provides an update on mine start-up and unveils a major silver-mineralized vein zone south of the Bethania Mine in Peru. The company targets production commencement at Bethania in H1 2024, with significant improvements made to underground workings and high-grade silver assay results from the Tito PH area. A new large vein system, Tito PH, located 1.5 km south of the mine, shows comparable size, grade, and number of veins to Bethania, with up to 2,085 g/t Ag Eq in samples. Additionally, Carmelitas Norte exhibits silver and gold mineralization. The company plans a webinar on April 25th to present further updates.

Kuya Silver closes a non-brokered private placement with Trafigura Pte to support the restart of production at the Bethania mine in Peru.

Kuya Silver announces the second tranche of a non-brokered private placement with Trafigura Pte to invest USD$970,000. Each Unit consists of one Common Share and one Common Share purchase warrant, expected to close on or around April 15, 2024.

Kuya Silver Corporation, in partnership with Sumou Holding, has been awarded the Umm Hadid mineral exploration license in central KSA. The project covers 246 square kilometers and is believed to be prospective for silver, gold, and base metals. Kuya Silver will have a 5% interest in a new company and expects to earn a larger interest over time. The company sees strong potential in the underexplored region and is excited about the partnership with Sumou Holding.

Kuya Silver Corporation announces the approval of 812,500 restricted share units and 812,500 stock options as part of its 10% rolling equity incentive plan. The company also reveals the second tranche of a non-brokered private placement with Trafigura Pte Ltd, expected to close on or around March 15, 2024.

Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) reported the final assay results from a second diamond drilling program at the Campbell-Crawford and Airgiod target areas, Silver Kings Project. The company identified several new highly-mineralized veins, expanding the high-grade mineralized footprint at the Campbell-Crawford target area. A new blind discovery was made at the Airgiod target area, 250 m northwest of the original Angus Vein intersection. David Lewis, Vice President Exploration, commented that they are extremely pleased with the results from the fall 2023 drill program at Silver Kings. Kuya Silver's President and CEO, David Stein, remarked that the blind discovery of a second highly mineralized vein zone establishes a new exploration model for the Cobalt camp. Hole 23-SK-31 reported the best result, intersecting 12,200 g/t (392 oz/t) Ag, 0.17% Co (12,264 g/t AgEq*) over 0.40 m within a wider zone grading 1,799 g/t Ag, 0.03% Co (1,810 g/t AgEq*) over 3.20 m in the Angus Vein.

Kuya Silver Corporation (KUYA) presents the first assay results from a diamond drilling program at the grassroots Campbell-Crawford target area, showing high-grade silver in a new vein structure. The company intersected up to seven mineralized veins per drill hole, with the newly-recognized Toms Vein showing 2,180 g/t silver and 0.36% cobalt over 0.40 m within a wider zone assaying 199 g/t silver over 7.00 m. Visible silver and/or cobalt mineralization was observed in all remaining drill holes.

Kuya Silver Corporation (KUYA) has begun development of the Bethania silver mine project in Peru, in preparation to commence production later this year. The company's Peruvian subsidiary, Minera Toro de Plata, has commenced an underground development and reconditioning program as an initial step to resume operations at the mine. Kuya Silver's Chief Operating Officer noted that this is an important step for the longer-term growth of the Bethania district.