| Announcement Date: | 2022-02-22 |
|---|---|
| Announcement Type: | Deposit Estimation |
| Announcement Code: | NI43-101 |
| Company name: | Kuya Silver Corp. |
| Project name: | Bethania |
| Location: | Peru |
| Commodities: | Gold,Silver,Copper,Lead,Zinc |
| Highlight: | Initial Resource Estimate for Project |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, BC, January 6, 2022 – Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (Frankfurt: 6MR1) (the “Company” or “Kuya Silver”) is pleased to announce its first-ever mineral resource estimate on the Bethania Silver Project (the “Project”), focused on the historical mine area where most of the Company’s shallow diamond drilling took place during the 2021 Phase 1 exploration program. The resource estimate consists of 18 different veins all located within the original mine area and includes data collected from the 2021 (“Phase One”) 5,000 metre diamond drilling program as well as previously collected underground rock chip samples. The mineral resource estimate is reported in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards (2014) incorporated by reference in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The mineral resource estimate is solely focused on the main Bethania Mine area, with no mineral resource estimates for the newly identified and proximal Hilltop Zone. The independent Qualified Person for the Mineral Resource Estimate, as defined by NI 43-101, is Mr. Simon Mortimer (FAIG #7795) of Atticus Geoscience Peru. The effective date of the Mineral Resource Estimate is December 10, 2021. |
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