Kuya Silver Corporation · CSE:KUYA
Kuya Silver — Investor Presentation (May 2024)
28 slides from Kuya Silver's investor presentation, May 2024
Slide 1: Corporate Presentation May 2024
Developing district-scale silver projects to production CORPORATE PRESENTATION MAY 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 Kuya Silver Corporation (the “Company”). It does not purport to contain all the information that a prospective investor may require, and it is not intended to provide any l
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: Proven Strategy - Junior to Mid Cap Silver Miner
PROVEN STRATEGY - JUNIOR TO MID CAP SILVER MINER The Bethania Mine will Launch the Market’s Next TRUE Silver Mining Company 4 3 2 Repetition phase: 1 Production expansion • Go back to #2 with same flagship asset or phase: second asset (e.g. Exploration growth • Investing in Silver Kings) phase: infr
Slide 5: Kuya Silver: The Dual Track Value Creation
KUYA SILVER: THE DUAL TRACK VALUE CREATION Expand Hilltop 2nd District 3rd District Bethania Zone Carmelitas/ • 2022 resource estimate target at target at (Main (Bethania Tito PH • New vein discoveries (post Carmelitas Tito PH Zone) extension) drilling resource) • 4300+ ha district land package • Di
Slide 6: 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 7: Bethania: District-Scale Potential
BETHANIA: DISTRICT-SCALE POTENTIAL 4,300 Hectare Land Bethania Mine Package Multiple targets Carmelitas 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: Growth Potential
BETHANIA: GROWTH POTENTIAL Bethania Mine Long Section 20+ sub-parallel veins Bethania Main Zone Hilltop Zone N Carmen Au-Ag vein, up to 6 g/t gold at surface discovered 2022 (not Daniela Vein Santa Elena Vein Sample in resource) Mercedes Vein vein Mercedes 91.1 oz/t Ag, 5.20 g/t Au Española 2: Histo
Slide 10: Bethania: Production
BETHANIA: PRODUCTION DEVELOPMENT PRODUCTION ECONOMICS In Q4 Kuya completed the 1st Toll Milling to begin with All-in-sustainable cost tranche strategic investment 1000-ton batches ramp up to $9.85/oz equivalent in PEA investment from Trafigura 350 tpd over 12 months (first 18 months) and off take ag
Slide 11: Española Vein Production
ESPAÑOLA VEIN PRODUCTION LVL 640 Española vein is the focus for the commencement of production - Yellow start marks first location for exploitation - Rock quality in Española vein has met expectations - Development towards Victoria vein will begin from the Española vein CSE: KUYA | OTCQB: KUYAF
Slide 12: Front 1: Española Level 640
FRONT 1: ESPAÑOLA LEVEL 640 Upper level in LVL 670 Production Front LVL 640 CSE: KUYA | OTCQB: KUYAF | FRA: 6MR1 12
Slide 13: Development & Production Timeline
DEVELOPMENT & PRODUCTION TIMELINE Underground Production from reconditioning the 3 main veins Including: (12 de Mayo, • Galleries Espanola and • Declined Victoria) and • Mining Cruise reaching 100tpd in • Mine raise the next 7 months PHASE 1 PHASE 2 Phase 3 Phase 4 Start of the ramp Completion of up
Slide 14: Significant Growth Potential
SIGNIFICANT GROWTH POTENTIAL CARMELITAS PROPERTIES Located ~3 km from the Bethania Mine. Potential strike extension to high – grade silver-polymetallic vein system at Bethania Combined strike length of mapped veins over 1.1km Discovery of Carmelitas Norte prospect, highlighted by 1944 g/t AgEq. CSE:
Slide 15: Tito PH - A New Discovery South of Bethania Mine
TITO PH - A NEW DISCOVERY SOUTH OF BETHANIA MINE TITO PH TARGET • 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: • Up to 2,085 g/t Ag Eq in samples with 12 of 39 reporting mor
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: 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 18: The Kerr District at Silver Kings
THE KERR DISTRICT AT SILVER KINGS The Kerr District 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
Slide 19: Angus Vein Discovery
ANGUS VEIN DISCOVERY Phase 1 & 2 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) - 2,180 g/t silver over 0.40 m (hole 23-SK-26) - 12,200 g/t silver over 0.40 m (hole 23-SK-31) CSE: K
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: 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 22: Share Structure
Shares Outstanding 98,630,155 SHARE STRUCTURE Market Capitalization (May 2nd, 2024) ~C$38.5 Million Warrants 39,318,571 Options and RSUs 4,497,300 Fully Diluted 142,446,026 67% Significant Shareholders Management 11.5% Kuya Advisory Team 6.2% 11.5% 6.6% 9.0% 6.2% Crescat Capital 9.0% Trafigura 6.6%
Slide 23: 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 career in mining investments, first as a sell-side analyst and more recently as an investme
Slide 24: Email our team at info@kuyasilver.com
@KuyaSilver KuyaSilverCorp Follow Kuya Silver Kuya-Silver Email our team at info@kuyasilver.com for more information www.kuyasilver.com
Slide 25: Bethania Mine Plan
BETHANIA MINE PLAN Note: See the Amended and Restated Bethania PEA (October 2023) Report for further details. CSE: KUYA | OTCQB: KUYAF | FRA: 6MR1 25
Slide 26: 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 27: 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 28: 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. The Bethania PEA r