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Kuya Silver Launches Second Drill Program at Silver Kings Project, Ontario
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2021) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya") is
About this update from Kuya Silver Corporation
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - November 10, 2021) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the \"Company\" or \"Kuya\") is pleased to announce that it has commenced a 2,000+ m drill program at the Silver Kings Joint Venture (\"Silver Kings JV\"), which is part of the Company's larger Silver Kings Project, located in the historical Cobalt silver mining camp in Northeastern Ontario. This drill program is designed to test for high-grade silver-cobalt veins at depth based on 2021 field mapping and portable XRF (pXRF) analyses, soil sampling, and LiDAR lineament analysis, taking into consideration historical work and data. The drilling is fully permitted and is being planned to intercept target structures, along plunge of mineralization, within 100 vertical meters of the Nipissing Diabase contacts in the historically named Productive Zone. Kuya has an option to acquire a 70% interest in the holdings of Electra Battery Materials Corporation (\"Electra\", formerly known as First Cobalt Corp.) in the joint venture area, as previously announced (see Kuya press releases dated March 1, 2021, and September 2, 2021). Drill targets for this program are focused primarily on the newly identified Oxbow area, associated with the historic Silver Centre mining camp. The Oxbow area is a relatively untested zone that is interpreted by Kuya to be the southern continuation of the mineralizing system from the mines at Silver Centre area, which produced more than 23 million ounces of silver from several historic mines including Keeley and Frontier between 1908 and 1965 (see Figure 1). Figure 1 - Geological setting of major rock units and structures compares to mines in the Silver Centre - Oxbow area superimposed on 2021 LiDAR hillshade topography. David Lewis, Exploration Director, commented, \"The major controls on silver-cobalt mineralization in the Cobalt and Silver Centre mining camps are 1) proximity to the upper and lower contacts of the Nipissing Diabase sill, in particular near flexures or folds in the sill, and 2) proximity to major structures, especially faults. At Silver Centre, the majority of mining and exploration was focused above the diabase; in contrast, in the main Cobalt mining camp to the north, including at Kuya's 100%-owned Kerr Project, the bulk of economic mining was from below the diabase...