Business
Kuya Silver Receives Authorization for the Construction of the Bethania Process Plant and Announces Appointment of New Director to the Board
The Authorization permits construction of a 350 tonne per day processing plant as well as tailings management facilities and other infrastructure Javier Del Rio
About this update from Kuya Silver Corporation
[{"type":"text","content":" The Authorization permits construction of a 350 tonne per day processing plant as well as tailings management facilities and other infrastructure Javier Del Rio has been appointed to the Kuya Silver Board of Directors Vancouver, British Columbia--(Newsfile Corp. - January 24, 2022) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the \"Company\" or \"Kuya Silver\") is pleased to announce that its wholly-owned subsidiary Minera Toro de Plata S.A.C. has received the authorization from Dirección Regional de Energía y Minas del Gobierno Regional de Huancavelica for the construction of the Bethania Process Plant (\"Bethania Plant\") with an installed capacity of 350 tonnes per day to the specifications submitted for the application. The authorization also grants Kuya Silver title to a 36.3969 ha beneficiation concession (where the plant will be located) immediately south of the Company's mining concession. Kuya Silver has worked with several independent engineering consulting firms to design and plan the facilities and related infrastructure covered by the authorization, including a conventional 350 tonne per day flotation processing facility, a tailings management facility, and surface infrastructure (accesses, storage building, maintenance building, offices, changing rooms, etc.). The Company is currently reviewing the development schedule for the remainder of the year, now that it is in the position to proceed with the construction of the Bethania Plant, and expects to provide regular updates on the progress. David Stein, President and CEO of Kuya Silver stated, \"The construction authorization represents an important milestone for Kuya Silver. With this authorization, the Company is fully permitted to proceed with construction of the Bethania Plant with the ultimate goal of restarting production from the Bethania mine. I would like to commend the Kuya Silver team in Peru for all the technical, legal, and administrative expertise required to realize this achievement.\" Christian Aramayo, Kuya Silver's Chief Operating Officer, added, \"Kuya Silver's investment in construction and mining operations at Bethania will be a boost to the local economy in the Central Andes region of Peru as we continue to make a contribution as a responsible participant in the Peruvian mining industry. From the beginning, we have aimed t...