Business
Kuya Silver To Commence Largest Ever Drill Program at Silver Kings Project, Cobalt, Ontario
Toronto, Ontario--(Newsfile Corp. - July 25, 2023) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased
About this update from Kuya Silver Corporation
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - July 25, 2023) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the \"Company\" or \"Kuya Silver\") is pleased to give an overview of ongoing work and discuss future work plans at the Silver Kings Project. The Company's next phase of exploration will include an anticipated 6,000 m diamond drill program focused on following up on recently-discovered bonanza-grade silver mineralization at Campbell-Crawford. Preparations will be starting shortly for Kuya's fully-funded and largest-ever drill campaign at the Silver Kings Project. Highlights: Recent drilling in March and April 2023 (Figure 1) at the Campbell-Crawford area intersected a grassroots discovery of 15,372 g/t silver over 3.34 m (hole 23-SK-08) and 2,424 g/t silver over 2.49 m (hole 23-SK-13) (Angus Vein - see Kuya Silver May 30, 2023 news release). Follow-up surface stripping at Campbell-Crawford and nearby Airgiod target area uncovered three veins, each open along strike: the interpreted Angus Vein (175 m), McNamara Vein (75 m) and Clark Vein (125 m). The exposed surface extent of these veins is comparable to other major historic silver-cobalt deposits in the Cobalt mining camp. For example, the Carson Vein at Kuya's Crown Reserve and Kerr Lake mines historically produced >9 million ounces silver over an approximate 200 m strike length (Knight 1922). Ongoing work shows the potential for numerous other deposit areas within a large land package (Figure 2): Surficial stripping has advanced the mineralizing potential at Oxbow, Clifton, and north Beaver Lake Fault target areas. Independent structural analysis indicates the potential for mineralizing structures at Chukuni and Caswell target areas, located in the under-explored, central section of the Silver Kings project area. 6,000+ m diamond drilling campaign is set to commence shortly. The bulk of work is intended to expand mineralization at the Campbell-Crawford target area (Angus and McNamara veins), but other targets areas may also be tested. David Lewis, Kuya Silver Vice President Exploration, commented: \"We are very excited to start our next drill campaign, which will be the largest program that Kuya Silver has undertaken for silver-cobalt mineralization at the Silver Kings Project. The main focus will be to expand the size of the recent discovery at Campbell-Cra...