Oleblue
7月前
Kuya Silver Reports Third Quarter 2025 Results
Toronto, Ontario--(Newsfile Corp. - November 21, 2025) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to announce financial and operating results for the three and nine months ended September 30, 2025. The third quarter marked another period of meaningful progress at the Bethania Silver Project in Peru, highlighted by record tonnes processed, significant upgrades to infrastructure, and a strengthened balance sheet following a successful Q3 financing.
Production Ramp-Up at Bethania Mine
The Company is currently achieving a consistent average throughput of approximately 90 tonnes per day (tpd), comprised of a blend of freshly-mined mineralized material and lower grade mineralized stockpile material. Most notably, the mining team has successfully validated the mine's higher-capacity potential, achieving a single-day mining record, earlier in November, of approximately 102.5 tonnes of mineralized material from the underground mine.
To continue this positive momentum in Q4 2025 and beyond, Kuya Silver has purchased additional mining equipment which is currently pending delivery and is expanding its workforce. These investments are designed to stabilize underground production at higher rates in the coming months.
Q3 2025 Highlights
Record concentrate sales from the Bethania mine: Kuya Silver processed 1,841 tonnes at the toll milling facility during the quarter-Bethania's strongest performance to date-resulting in the sale of 16,983 ounces of silver as processing caught up from the previous quarter.
Mine development supports initial 100 tpd production target: Recent underground development on the 640 level of the Española vein system advanced substantially, with sufficient working faces complete to support output above 100 tonnes per day.
Major Improvements to mine infrastructure: Key improvements included 11.6 kilometres of road maintenance, reinforcement of underground supports, installation of a new compressor and higher-capacity generator, and upgrades to camp accommodations-strengthening long-term operational reliability.
Q3 financing strengthened balance sheet and supports ramp-up: The Company completed a $6.57 million (CAD $9.07 million) private placement during the quarter, increasing cash to $6.63 million and net working capital to $6.30 million as at September 30, 2025, providing ample liquidity to advance the Bethania ramp-up.
Revenue Generation: The Company generated $2.16 million in revenue from the sale of concentrate from Silver Kings and the Bethania Silver Project during the nine-month period.
Christian Aramayo, Kuya Silver's Chief Operating Officer remarked, "We successfully executed the necessary operational upgrades in Q3 to clear the path for growth. The recent record of 102.5 tonnes of fresh mineralized material mined in a single day is the clearest indicator yet of the Bethania mine's inherent capacity. Our team is now moving rapidly to integrate the new equipment and new staff to secure a minimum 100-tpd baseline for our operations."
Operational Results
Bethania Silver Project (Peru)
Reconditioning and mine development advanced significantly throughout the nine months ended September 30, 2025, with activity concentrated on the 640 level of the Española vein system. By quarter-end, the Company had completed sufficient planned operating faces to establish the underground access required to support mining rates above 100 tonnes per day. This capacity was validated subsequent to the quarter end, when the mine achieved a single-day underground production record of 102.5 tonnes of fresh mineralized material.
Year-to-date, the mine has produced 2,296 tonnes of mineralized material, including 417 tonnes in Q3. The reduced mining rate during the quarter reflects a temporary pause while the Company completed infrastructure upgrades. During this period, Kuya Silver completed 11.6 kilometres of road maintenance, reinforced key underground supports, installed a new compressor and an upgraded electrical generator, and improved camp accommodations. Underground operations resumed in late September, with production continuing to increase through October and November. Subsequent to the end of Q3, additional development has been completed to prepare seven drilling chambers for underground diamond drilling.
Kuya Silver delivered its strongest processing performance from the Bethania Project to date in Q3 2025 as the toll mill processed 1,841 tonnes of mineralized material, resulting in the sale of 16,983 ounces of silver. This performance marks a significant step toward consistent production.
Production has continued to ramp-up during October and November. For the past two weeks, the mine has sustained production of 90 tonnes per day by combining fresh underground material with lower-grade stockpiled material. Given the significantly higher silver prices, the Company expects that it should be economically feasible to process low-grade stockpiled material, given the Company's experience processing this same material in late 2024. By adding stockpiled material to our current production scheme, it allows production crews to focus on additional development to continue the ramp-up underground over the coming months.
*prices for silver equivalent calculations use period ending spot prices and are as follows: Sept. 30, 2025 period; silver $46.56/oz, gold $3,846/oz, lead $1,964/tonne, zinc $2,938/tonne Jun. 30, 2025 period; silver $36.00/oz, gold $3,303/oz, lead $2,205/tonne, zinc $2,764/tonne, Mar. 31, 2025 period; silver $34.46/oz, gold $3122.80/oz, lead $2002/tonne, zinc $2829/tonne, and Dec. 31, 2024 period; silver $28.90/oz, gold $2606.72/oz, lead $1921.50/tonne, zinc $2974/tonne
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Financial Highlights
For the three months ended September 30, 2025, the Company recorded revenue of $771,084 from Bethania concentrate sales, compared to no revenue in the prior-year quarter. Production costs totaled $1,165,790 as the Company continued to develop multiple mining faces and execute infrastructure upgrades. Kuya Silver recorded a net loss of $1,523,898 for the quarter, similar to the loss of $1,550,267 in Q3 2024.
For the nine months ended September 30, 2025, Kuya Silver recorded a net loss of $3,155,443, improving from a net loss of $4,168,928 in the same period of 2024. The improvement reflects revenue generation from Bethania and reduced exploration spending as the operation moved further into development and ramp-up.
1 In periods when the Company has a loss, diluted loss per share is the same as basic loss per share.
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Corporate Overview
Kuya Silver ended the quarter with a significantly improved financial position. Cash increased to $6,628,147 (approximately CAD$9.3 million), and net working capital surplus of $6,301,753, compared to a working capital deficit of $677,145 at December 31, 2024.
The improvement was primarily driven by the Company's Q3 financing, in which it issued 18,140,000 units for gross proceeds of $6,566,000 (CAD $9,070,000). These funds provide the near-term capital required to support the ongoing production ramp-up at Bethania and other growth initiatives such as exploration. Also in Q3 2025, the Company completed an early settlement of its remaining convertible debentures, further strengthening the working capital position. In addition, the Company terminated its previously announced LOI with Silver Crown Royalties Inc.
Subsequent to quarter-end, 3,502,528 warrants have been exercised for proceeds of CAD $1,295,411.
During Q3, 2025, the Company strengthened its management and operational capabilities through the addition of Dr. Osbaldo Zamora, P.Geo as Vice President of Exploration and Gerardo Acuña (FAusIMM) as Mine Superintendent at the Bethania mine. These new team members bring extensive international experience in mining operations, supporting the Company's ongoing growth.
Kuya Silver entered into a research sponsorship agreement with Noble Capital Markets ("Noble"), a FINRA and SEC registered broker-dealer headquartered in Florida, USA. Noble recently initiated coverage of Kuya Silver, and the report can be found on Noble's research platform, ChannelChekTM (https://www.channelchek.com/) or through their website https://www.noblecapitalmarkets.com. Under the terms of the agreement Noble will provide independent, in-depth analysis of the Company's historic and present market position, financial position, corporate governance practices, among other services. The agreement has a one year term with a total value of $75,000 and automatically renews for successive one year term unless less either party gives written notice to the other at least ninety (90) days prior the expiration of any term.
Outlook
Kuya Silver's primary near-term objective remains achieving stable production of 100 tonnes per day at the Bethania Silver Project as a pathway to reaching its phase one production target of 350 tonnes per day in 2026. With sufficient working faces currently developed to sustain 100 tpd production and major infrastructure upgrades now in place, the Company is well positioned to reach this milestone. Kuya Silver is also implementing a modernization program focused on improving underground haulage and material handling efficiency to support higher and more consistent throughput.
The Company is also commencing a 5,000 metre underground drilling program on the Santa Elena concession to enhance geological understanding at depth and assist with future mine planning. Kuya Silver continues to evaluate potential capital needs associated with the planned and fully-permitted on-site processing plant and may consider separate financing options as required.
National Instrument 43-101 Disclosure
The technical content of this news release has been reviewed and approved by Mr. Gerardo Acuña, Registered Professional Engineer of Queensland (Australia, RPEQ #29598), a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM(CP)), Mine Superintendent at Minera Toro de Plata S.A.C. a wholly-owned subsidiary of Kuya Silver and a Qualified Person as defined by National Instrument 43-101.
About Kuya Silver Corporation
Kuya Silver is a Canadian-based mineral exploration and development company with a focus on acquiring, exploring, and advancing precious metals assets in Peru and Canada.
For further information, please contact:
David Stein, President & Chief Executive Officer
Telephone: (604) 398-4493
Email: info@kuyasilver.com
Website: www.kuyasilver.com
Reader Advisory
This news release contains statements that constitute "forward-looking information," including statements regarding the plans, intentions, beliefs, and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "must," "next," "propose," "new," "potential," "prospective," "target," "future," "verge," "favorable," "implications," and "ongoing," and similar expressions, as they relate to the Company or its management, are intended to identify such forward-looking information. Investors are cautioned that statements including forward-looking information are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those described in the forward-looking information as a result of various factors, including but not limited to fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing, and general economic, market, and business conditions. There can be no assurances that such forward-looking information will prove accurate, and therefore, readers are advised to rely on their own evaluation of the risks and uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
https://6ix.com/company/kuyasilver/news/kuya-silver-reports-third-quarter-120000076?nu_e_k=eyJhbGciOiJIUzI1NiJ9.aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9uZXdzL2t1eWEtc2lsdmVyLXJlcG9ydHMtdGhpcmQtcXVhcnRlci0xMjAwMDAwNzYuaHRtbA.16K2J2TvqtpWG_Os8PNunnVF_6jhAULxurRwxTNqsHY
Daily Chart
Oleblue
12月前
Kuya Silver Announces LOI for US$5 Million Royalty Partnership with Silver Crown Royalties Inc.
Newsfile Corp.
June 19, 2025
Transaction to Strengthen Kuya Silver's Balance Sheet, Provide Additional Capital to Accelerate Production and Exploration at Bethania
Toronto, Ontario--(Newsfile Corp. - June 19, 2025) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (Frankfurt: 6MR1) (the "Company" or "Kuya") is pleased to announce the signing of a Letter of Intent ("LOI") with Silver Crown Royalties Inc. ("Silver Crown" or "SCRI") to raise USD$5,000,000 through the sale of a royalty on payable silver from Kuya's Bethania Silver Project in Huancavelica, Central Peru.
Under the LOI, in return for payment of US$5,000,000, consisting of US$3,000,000 in cash and US$2,000,000 in Silver Crown units, Silver Crown will acquire a 4.5% royalty on silver production from the Bethania Project until a total of 475,000 oz have been delivered, after which the royalty reduces to 1% for the life-of-mine. The US$2,000,000 in Silver Crown units are expected to be priced at C$6.50 per unit and includes one common share and one-half of a common share purchase warrant exercisable at C$13.00 for three years. Note that the royalty only applies to silver production and the transaction will not apply any by-product sales.
Minimum deliveries have been structured to reduce any potential financial stress during the first year of the ramp-up. Kuya will deliver to SCRi a minimum 4,500 ounces of silver quarterly for the first four quarters, 9,000 ounces per quarter for quarters 5 through 8, and 12,375 ounces quarterly for each subsequent quarter until 475,000 ounces have been delivered. After delivering 475,000 ounces, the royalty reduces to 1% for the mine's remaining life.
David Stein, Kuya's President and CEO remarked, "We're pleased to partner with Silver Crown through this royalty agreement on Bethania production, while also securing a meaningful stake in a unique silver-focused vehicle - the only publicly traded royalty company with 100% silver exposure. The funds raised from this transaction will help accelerate Bethania production towards our Phase 1 target of 350 tonnes per day, as well as support exploration programs throughout this district-scale property - all without issuing any new Kuya Silver shares. As strong believers in the long-term upside of silver, this partnership gives Kuya Silver shareholders added exposure to both rising silver prices and the potential re-ratings in both companies."
About Kuya Silver Corporation
Kuya Silver is a Canadian-based, growth-oriented mining company with a focus on silver. Kuya Silver operates the Bethania silver mine in Peru, while developing district-scale silver projects in mining-friendly jurisdictions including Peru and Canada.
https://finance.yahoo.com/news/kuya-silver-announces-loi-us-110000947.html
Looking at the chart, we can see that the OBV bottomed in January and is in an uptrend.
Daily Chart
Oleblue
2年前
Kuya Silver Announces Closing of Second and Final Tranche of Strategic Investment by Trafigura
Newsfile Corp.
Thu, Apr 11, 2024
Toronto, Ontario--(Newsfile Corp. - April 11, 2024) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to announce it has closed the second and final tranche of a USD$1,200,000 non-brokered private placement pursuant to an agreement with Trafigura Pte Ltd ("Trafigura"), through two of its subsidiaries, whereby Trafigura has invested USD$970,000 to acquire 5,266,324 units ("Units") of Kuya Silver at a price of CDN$0.25 per Unit to support the restart of production from the Bethania mine located in central Peru, to produce silver-lead and zinc concentrates (the "Offering"). Each Unit consists of one common share in the capital of Kuya Silver ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder to acquire one Common Share for $0.37 until April 11, 2026. Trafigura has agreed to hold the Common Shares acquired in the Offering for a minimum of one year and will immediately exercise the Warrants if the Common Shares trade at a premium of 25% to the Warrant exercise price for one month.
About Kuya Silver Corporation
Kuya Silver is a Canadian-based mineral exploration and development company with a focus on acquiring, exploring, and advancing precious metals assets in Peru and Canada.
For more information, please contact:
David Stein, President and Chief Executive Officer
Telephone: (604) 398-4493
info@kuyasilver.com
www.kuyasilver.com
Reader Advisory
This news release contains statements that constitute "forward-looking information," including statements regarding the plans, intentions, beliefs, and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "must," "next," "propose," "new," "potential," "prospective," "target," "future," "verge," "favourable," "implications," and "ongoing," and similar expressions, as they relate to the Company or its management, are intended to identify such forward-looking information. Without limiting the generality of the foregoing statements, any discussion of the potential of exploration targets, assay results and the proposed use of the proceeds of the Offering, is forward-looking information. Investors are cautioned that statements including forward-looking information are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those described in the forward-looking information as a result of various factors, including but not limited to fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing, and general economic, market, and business conditions. There can be no assurances that such forward-looking information will prove accurate, and therefore, readers are advised to rely on their own evaluation of the risks and uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
https://finance.yahoo.com/news/kuya-silver-announces-closing-second-215300836.html
Oleblue
2年前
Kuya Silver Participates in Winning Bid for Umm Hadid Silver Project, Kingdom of Saudi Arabia
Newsfile Corp.
Thu, Feb 15, 20243 min read
In This Article:
KUYAF
+17.98%
Consortium of Sumou Holding and Kuya Silver awarded 246 km2 license for metals exploration
Toronto, Ontario--(Newsfile Corp. - February 15, 2024) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to announce that in partnership with Sumou Holding ("Sumou"), a world-class investment holding company based in the Kingdom of Saudi Arabia ("KSA"), has been awarded the Umm Hadid mineral exploration license, located in central KSA. The announcement of the award was made at the recent Future Minerals Forum in Riyadh, KSA, by His Excellency Mr. Bandar Alkhorayef, Minister of Industry and Mineral Resources.
Earlier in 2023, Kuya Silver was invited to form a consortium with Sumou for the purpose of bidding on the Umm Hadid project in a recent round of mineral exploration properties opened for acquisition in 2023, and the consortium was successfully pre-qualified in June 2023. Kuya Silver provided the technical expertise for the consortium, which outlined a comprehensive five-year exploration plan focused on defining resources at the Umm Hadid Silver Project, and advancing mine development at an accelerated pace. Sumou, will be the primary financial partner, and provided important local expertise and funding for the bid, including a bond representing a portion of the committed exploration budget.
In return for its technical leadership role in the winning bid, Kuya Silver will be granted a 5% interest in a new company to be established by the consortium in KSA and expects to earn a larger interest over time by entering into and fulfilling a longer-term agreement as the technical operator of the project.
The Umm Hadid project covers approximately 246 square kilometers (14 x 18 km), is located near the centre of the Arabian Peninsula, and based on limited historical exploration, is believed to be prospective for silver, gold and base metals. The property hosts NW trending Proterozoic rocks and is interpreted to be cored by a large granodiorite intrusion and two large, crustal-scale NW-trending shear zones are located on either side of the property. Limited 1970s and 80s era trenching and drilling work done by BRGM (French geological survey) uncovered and traced several mineralized veins, seemingly trending NW and NE, and hosting silver, gold, copper, lead and zinc. The mineralization is thought to be hosted in narrow, high-grade orogenic veins, but the mineralization could also potentially be epithermal.
Kuya Silver's President and CEO, David Stein stated, "Kuya Silver is very excited to be a part of this exciting project, which demonstrates strong potential in a vastly underexplored region. We believe the KSA is a very favourable jurisdiction to develop mining projects, with government support and fiscal incentives for the sector. With a strong partnership established with Sumou Holding, Kuya Silver sees the foundation for a successful and well-funded mineral exploration and development project over the coming years. The opportunity for Kuya Silver to take a leadership role developing this high-profile project in the KSA may also open other opportunities for the Company in the future."
https://finance.yahoo.com/news/kuya-silver-participates-winning-bid-130000164.html
Oleblue
2年前
Kuya Silver Intersects 12,200 g/t Silver, 0.17% Cobalt (12,264 g/t AgEq*) over 0.40 m on Angus Vein Drill Hole and Announces New Cobalt-Silver Rich Discovery in Step-Out Drilling at Airgiod Property, Silver Kings Project, Ontario
Newsfile Corp.
Mon, Jan 29, 2024, 7:29 AM EST17 min read
In This Article:
KUYAF
+1.50%
Discovery Hole at Airgiod Intersected 249 g/t Silver, 1.64% Cobalt (863 g/t AgEq*) over 0.40 m within a wider zone grading 132 g/t silver, 0.35% cobalt (263 g/t AgEq*) over 1.88 m
Toronto, Ontario--(Newsfile Corp. - January 29, 2024) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to present the final assay results from a second diamond drilling program at the Campbell-Crawford and Airgiod target areas, Silver Kings Project, where grassroots drilling in March and April 2023 intersected a new high-grade silver and cobalt discovery. The final results of this second drill campaign, including holes 23-SK-27 to -31, are presented. Kuya Silver has identified several new highly-mineralized veins in this program, including a significant new grassroots drill intersection beneath the adjacent Airgiod property, and has tripled the potential size of the buried target zone area which remains open in all directions.
Highlights:
High-grade mineralized footprint expanded at the Campbell-Crawford target area
Hole 23-SK-31 intersected 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 (Figure 1)
Kuya has now reported four clustered drilling intersections of >2,000 g/t silver (plus cobalt) on the Angus and Toms Veins (Figure 1, 2)
New blind discovery made at the Airgiod target area, 250 m northwest of original Angus Vein intersection
Hole 23-SK-30 intersected 249 g/t silver, 1.64% cobalt (863 g/t AgEq*) over 0.40 m, within a wider zone grading 132 g/t silver, 0.35% cobalt (263 g/t AgEq*) over 1.88 m, in a new NW-trending vein named the Moran Vein (Figure 1)
This is the first known drill hole in the Airgiod Property targeting the buried lower Nipissing Diabase contact. The new vein was intersected in an identical setting to the Angus Vein at the Campbell-Crawford target area
This 250 m step-out triples the tested extent of buried silver-cobalt mineralization between the neighbouring Campbell-Crawford and Airgiod properties
David Lewis, Vice President Exploration, commented: "We are extremely pleased with the results from our fall 2023 drill program at Silver Kings. At the Campbell-Crawford prospect, we expanded the area of high-grade vein mineralization, intersected a number of newly identified silver-cobalt veins, and gained a greater understanding of the potential deposit model. On the Airgiod property, we made a blind vein discovery by stepping out approximately 250 meters from the main Campbell-Crawford vein zone. This new Moran Vein reported our highest-grade cobalt assay to date, as well as silver, and appears to strike in a different orientation to the Clark Vein, which was trenched and mapped on surface."
https://finance.yahoo.com/news/kuya-silver-intersects-12-200-122900651.html