Business
Kuya Silver Provides Update on Mine Start-Up and Uncovers New Major Silver-Mineralized Vein Zone South of Bethania Mine, Peru
Kuya Targeting Commencement of Production at Bethania in H1 2024 Toronto, Ontario--(Newsfile Corp. - April 23, 2024) - Kuya Silver Corporation (CSE: KUYA) (OTCQ
About this update from Kuya Silver Corporation
[{"type":"text","content":" Kuya Targeting Commencement of Production at Bethania in H1 2024 Toronto, Ontario--(Newsfile Corp. - April 23, 2024) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the \"Company\" or \"Kuya Silver\") is pleased to discuss ongoing development and reconditioning of the underground workings of the Bethania Mine, Peru, in preparation for mine reopening, and to present high-grade silver assay results from the Tito PH area, a newly identified 630+ metre, strongly mineralized vein zone which is located 1.5 km south of the Bethania Mine. Highlights: Bethania Mine Prepares for Resumption of Operations Underground development and reconditioning is progressing well and within budget with more than 550 m prepared for operation underground. Significant improvements have been made to the above-ground infrastructure. Bethania Mine progressing towards commencement of production in H1 2024 Large, newly recognized vein system, known as Tito PH, is located 1.5 km south of the Bethania Mine and hosts at least 6 mineralized veins. A single vein was traced for 630 m in length and remains open along strike: Widespread and high-grade mineralization identified in 39 grab samples of veins and blast pits Up to 2,085 g/t Ag Eq in samples with 12 of 39 reporting more than 1,000 g/t AgEq* and Tito PH appears to be comparable in size, grade and number of veins, with a similar structural setting to the Bethania Mine property At Carmelitas Norte, an additional 35 samples have confirmed silver mineralization and identified high-grade gold mineralization Up to 1,211 g/t silver equivalent, with 12 samples in excess of 500 g/t AgEq* High-grade gold zone identified including 5.47 g/t and 5.07 g/t gold within a larger 50 m interval with all sampling >0.5 g/t gold along trend Kuya Silver to present a Bethania Mine update on Thursday, April 25th at 11:00 am PT / 2:00 pm ET. Webinar Registration: https://event.webinarjam.com/register/303/klxqgcm0 Christian Aramayo, Kuya Silver's COO, commented: \"We are very pleased with the progress made so far in redeveloping the Bethania Mine, which is advancing well and within budget (Figure 1). Our team in Peru is eager and excited to resume mining production in the coming months, which will be just the beginning for this project. Over the next year, we aim to incrementally ramp up production while prioritizi...