Kuya Silver Corporation · CSE:KUYA
Kuya Silver — Investor Presentation (March 2024)
30 slides from Kuya Silver's investor presentation, March 2024
Slide 1: Corporate Presentation March 2024
Developing district-scale silver projects to production CORPORATE PRESENTATION MARCH 2024 CSE: KUYA | OTCQB: KUYAF | FRA: 6MR1
Slide 2: Important Notices
IMPORTANT NOTICES This presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities of Company, its directors, officers, or employees, including but not limited to securities class action applicable to domestic United States reporting companies. Accordingly,
Slide 3: Kuya Portfolio: 2 District-Scale Silver Projects
KUYA PORTFOLIO: 2 DISTRICT-SCALE SILVER PROJECTS Silver Kings Project, Northern Ontario, Canada ~16,000 Ha located in Ontario’s most prolific silver Property: mining camp, near the historic mining town of Cobalt, Ontario EXPLORATION Primary Target: Campbell-Crawford property, Kerr Project area Silve
Slide 4: Kuya Silver: The Dual Track Value Creation
KUYA SILVER: THE DUAL TRACK VALUE CREATION Expand Hilltop Carmelitas 2nd District target Regional Bethania Zone (Bethania drilling at Carmelitas Exploration • 2022 resource estimate (Main Zone) extension) • New vein discoveries (post resource) • 4500+ ha district land package • Second artisanal mine
Slide 5: Bethania: Excellent Access and Rich History
BETHANIA: EXCELLENT ACCESS AND RICH HISTORY • Located in major silver-lead-zinc mining district in Central Peru • Access mine by road from Huancayo (major city) • Daily flights from Lima to Jauja Airport (servicing Huancayo city) • Mine located near (abandoned) mining village of Bethania • The Betha
Slide 6: Bethania: District-Scale Potential
BETHANIA: DISTRICT-SCALE POTENTIAL 4500+ Hectare Land Bethania Mine Package Multiple targets Carmelitas CSE: KUYA | OTCQB: KUYAF | FRA: 6MR1 6
Slide 7: 2022 Resource Estimate Model
2022 RESOURCE ESTIMATE MODEL 50% Resource Estimate A combination of: 50% - 2021 (phase 1) 5,000-metre diamond drilling - underground rock chip samples 1500m+ of prospective targets within over 25+ mineralized veins CSE: KUYA | OTCQB: KUYAF | FRA: 6MR1 7
Slide 8: Resource Overview
RESOURCE OVERVIEW Española vein Bethania Near Surface Maiden Resource • Resource Drilling Focused On Shallow Mineralization Proximal to Bethania Mine Workings • 63% of Indicated Silver Equivalent Resource Estimate Located Above Historical Production Adit (4670 Level) 12 de Mayo vein • The resource e
Slide 9: Bethania: Near-Term Production
BETHANIA: NEAR-TERM PRODUCTION TOLL MILLING In October 2023, Kuya signed a toll milling agreement with Compañía Minera San Valentin ("CMSV"), to process run-of-mine ("ROM") material at their plant – Plant is located 20km by road from Bethania – Same plant processed material from Bethania between 201
Slide 10: Resource Overview
RESOURCE OVERVIEW Española vein Bethania Near Surface Maiden Resource • Resource Drilling Focused On Shallow Mineralization Proximal to Bethania Mine Workings • 63% of Indicated Silver Equivalent Resource Estimate Located Above Historical Production Adit (4670 Level) 12 de Mayo vein • The resource e
Slide 11: Bethania: Toll Milling
BETHANIA: TOLL MILLING DEVELOPMENT PRODUCTION ECONOMICS In Q4 Kuya completed a toll Toll Milling to begin at 100 All-in-sustainable cost milling agreement with CMSV tpd and ramp up to 350 tpd $9.85/oz equivalent in PEA + 1st tranche strategic over 12 months (first 18 months) investment investment fr
Slide 12: Resource Overview
RESOURCE OVERVIEW Española vein Bethania Near Surface Maiden Resource • Resource Drilling Focused On Shallow Mineralization Proximal to Bethania Mine Workings • 63% of Indicated Silver Equivalent Resource Estimate Located Above Historical Production Adit (4670 Level) 12 de Mayo vein • The resource e
Slide 13: Bethania: Development Plan
BETHANIA: DEVELOPMENT PLAN PEA (Updated Oct. 2023) Revised Plan 452,000 oz (554,000 ozEq) in first 6 Initial silver production Slower ramp up, similar initial months (not equivalent) (toll milling/ramp up) production over 14-15 months Steady-state production 1.2 – 1.4 MMozEq/year over first 5 Simila
Slide 14: Low-Risk Exploration
LOW-RISK EXPLORATION Bethania Mine Long Section 20+ sub-parallel veins Bethania Main Zone Hilltop Zone N Daniela Vein Santa Elena Vein Sample Mercedes Mercedes Vein vein 91.1 oz/t Ag, 5.20 g/t Au Española 2: Historic (110.7 oz/t Ag eq.) Workings (no resource) (surface showing) max 230 m Samantha/24
Slide 15: Significant Growth Potential
SIGNIFICANT GROWTH POTENTIAL BETHANIA MINE AREA High-grade veins discovered near surface. Santa Elena Vein: ~500m from furthest underground development. Up to 3675 g/t AgEq. Near-Mine Vein Clusters: Newly identified branch mineralization around Española Vein not in current resource estimate. Carmen
Slide 16: The Silver Kings Project
THE SILVER KINGS PROJECT Silver Kings, Ontario • The ~16,000 hectare land package in NE Ontario is located within the historic Cobalt, Ontario silver mining district – Approximately 1/6 of total silver production from the Cobalt and Silver Centre mining camps was produced from this consolidated prop
Slide 17: The Kerr Project at Silver Kings
THE KERR PROJECT AT SILVER KINGS The Kerr Project at Silver Kings • Property Includes eight historic silver mines (Crown Reserve, Silver Leaf, Kerr Lake, Drummond, Hargrave, Silverfields and others.) on a contiguous 900+ hectare area. – Mines produced over 60 million ounces of silver between 1905 to
Slide 18: Campbell-Crawford Area
CAMPBELL-CRAWFORD AREA The Campbell-Crawford area is less than 1 km from five major mines, with total historic production of 48.2 million ounces of silver. Although cobalt-bearing veins were known on surface and in shallow exploratory workings, the lower diabase contact, where veins generally cluste
Slide 19: Angus Vein Discovery
ANGUS VEIN DISCOVERY Phase 1 drilling at Campbell- Crawford intersected Bonanza grade mineralization 15,372 g/t silver over 3.34 m (hole 23-SK-08) 2,424 g/t silver over 2.49 m (hole 23- • SK-13) Phase 2 drilling highlights include: 2,180 g/t silver over 0.40 m (hole 23- SK-26) 12,200 g/t silver over
Slide 20: Phase 2 Drilling: Campbell-Crawford & Airgiod
PHASE 2 DRILLING: CAMPBELL-CRAWFORD & AIRGIOD A NEW Blind Discovery at the Airgiod Target Area Moran Vein discovery made at the Airgiod target area, 250 m northwest of original Angus Vein intersection Drill hole Intersected 249 g/t Silver, 1.64% Cobalt (863 g/t AgEq*) over 0.40 m. This is the first
Slide 21: Silver Kings Exploration Target Pipeline
SILVER KINGS EXPLORATION TARGET PIPELINE Potentially economic mineralization (grade/width), room for Advanced target expansion Intermediate target Mineralized area, potential for expansion Conceptual and/or historical target Early-stage target area, potentially mineralized, but little to no recent (
Slide 22: 2 Projects Perfectly Situated Along the Lassonde Curve
2 PROJECTS PERFECTLY SITUATED ALONG THE LASSONDE CURVE Risks Fluctuating commodity prices Funding risk Technical Risk High Exploration Risk Value Discovery There is a tipping point in This is most likely the time when exploration when drilling amounts people outside of the mining industry to a real
Slide 23: Kuya Investment Highlights
KUYA INVESTMENT HIGHLIGHTS CORPORATE ADVANTAGE EXPLORATION ADVANTAGE PRODUCTION ADVANTAGE • Near-term silver producer with a valuation • Limited but very successful exploration to • Bethania mine is fully permitted with of an exploration company date = huge exploration opportunity community agreemen
Slide 24: Share Structure
Shares Outstanding 93,360,399 SHARE STRUCTURE Market Capitalization (March 18th, 2024) ~$28 Million Warrants 34,069,074 Options and RSUs 4,597,300 Fully Diluted 132,026,773 73.6% Significant Shareholders Management 12.1% 12.1% Kuya Advisory Team (see slide 26) 6.6% 6.6% Crescat Capital 7.7% Other La
Slide 25: Management & Directors
MANAGEMENT & DIRECTORS David Stein, MSc (Geo), CFA Mr. Stein founded Kuya Silver in 2017 to acquire the Bethania Silver Mine and develop the next silver mining company. Mr. Stein has spent most of his 20-year President and CEO, Director career in mining investments, first as a sell-side analyst and
Slide 26: Advisory Team
ADVISORY TEAM Dr. Quinton Hennigh Erika Soria Hector Aramayo Geologic Advisor (Exploration Strategy) Advisor (Logistics/Business Development) Technical Advisor (Construction/Engineering) Dr. Hennigh is an economic geologist with more Ms. Soria is the former owner of the Bethania Mr. Aramayo, based i
Slide 27: Bethania Mine Plan
BETHANIA MINE PLAN 442600-E 443100-E 443600-E /(*(1' AREA 1: Santa Elena Concession AREA 2: Process Plant Existing roads $5($ %(7+$1,$ 0,1( 8603000-N 8603000-N C 1 D 2 3 C 4 5 B 6 7 A 1 2 8 D 3 4 5 C 6 B 7 A 8 B 1 2 3 4 5 6 7 8 A A B C B D C D E E 1 2 3 4 5 6 7 8 1 2 2 1 1 2 C 3 1 4 5 B 6 2 3 A' C A
Slide 28: Bethania PEA: Highlights
BETHANIA PEA: HIGHLIGHTS Value: • Base case ($25.40/oz silver price) Pre-Tax NPV (5%) of $77.8 Million and IRR of 227% • Base case ($25.40/oz silver price) After-Tax NPV (5%) of $54.7 Million and IRR of 188% • After-tax cash flow of $18.04 Million in first full year of production (base case) • Life
Slide 29: Appendix: Bethania PEA Key Parameters
APPENDIX Bethania PEA Key Parameters 1. The Bethania PEA envisages a 350-tonne-per-day (“tpd”) conventional cut and fill underground mine feeding a concentration plant that would process mineralized material at the same rate (126,000 tonnes per year) over a mine life of 6.5 years, with production co
Slide 30: Email our team for more information
@KuyaSilver KuyaSilverCorp Follow Kuya Silver Kuya-Silver Email our team at info@kuyasilver.com for more information www.kuyasilver.com