Kuya Silver Corporation · CSE:KUYA
Kuya Silver — Investor Presentation (May 2022)
27 slides from Kuya Silver's investor presentation, May 2022
Slide 1: Developing a district-scale silver project with an immediate path to production
Developing a district-scale silver project with an immediate path to production CSE: KUYA | OTCQB: KUYAF | FRA: 6MR1 MAY 2022
Slide 2: Important Disclosures - Please Read Carefully
IMPORTANT DISCLOSURES - PLEASE READ CAREFULLY This presentation is being provided for information purposes only and does not constitute or form part of, and should not be construed as, an offer or invitation to sell or any solicitation of any offer to purchase or subscribe for any securities of Kuya
Slide 3: Well-Run Silver Mines Command a Market Premium
WELL-RUN SILVER MINES COMMAND A MARKET PREMIUM Bethania is a great first asset Recent Past RTO - Present (2020-2022) Future Vision (2022+) • Producing silver mine until 2016 – now on care • RTO Q3 2020 (June-Sept, ‘20) • Commission/Production Bethania and maintenance. • Raised C$21.5M (two tranches,
Slide 4: Following a Successful Proven Strategy
FOLLOWING A SUCCESSFUL PROVEN STRATEGY The Bethania Mine will Launch the 4 Market’s Next Silver Mining Company 3 2 Lower risk: predictable 1 Benefit from by-product geology, low capital intensity, well-established Acquire small-scale mines sales: base metals and mining methods, off-the- from local o
Slide 5: Great Access and History
GREAT ACCESS AND 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 (near Huancayo) • Mine located near mining village of Bethania • The Bethania Mine formally opened in 1977 after discovery
Slide 6: Dual Track Value Creation
DUAL TRACK VALUE CREATION Acquire Initial Phase 2: Phase 1: Regional Mineral Carmelita Step-Out & Drill Program Claims Resource Exploration Resource Growth Kerr Project Silver Kings JV 2022 Update Update Drilling/Exploration Preliminary EIA Economic Start Plant Approved Assessment Construction Const
Slide 7: Bethania – District-Scale Potential
BETHANIA – DISCTRICT-SCALE POTENTIAL Bethania Mine Carmelita 5300 Hectare Land Package CSE:KUYA 7
Slide 8: Resource Block Model
RESOURCE BLOCK MODEL Resource Estimate Bethania Significant Growth Potential A combination of: - 2021 (phase 1) 5,000-metre diamond drilling - underground rock chip samples 1500m+ of prospective targets within 20 sub parallel mineralized veins CSE:KUYA 8
Slide 9: Resource Overview
RESOURCE OVERVIEW 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) • The resource estimate consisted of data coll
Slide 10: Initial Mineral Resource: 12 de Mayo Vein
INITIAL MINERAL RESOURCE: 12 DE MAYO VEIN Resource model extends to a maximum depth from surface of: • 230m in the 12 de Mayo vein (shown here) Open • 200m in the Española vein Open • 180m in the Victoria vein All 3 vein systems remain open at strike and along depth The resource estimate is solely f
Slide 11: 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% Pre-production toll milling option would generate gross margin of $9.5 Million during constructio
Slide 12: Bethania - Low Capex
BETHANIA - LOW CAPEX Description US$ CAPEX Initial Sustaining Total Mine $2.4M $2.7M $5.2M Process Plant $6.6M $0.0M $6.6M Tailings and Waste Rock Disposal $3.2M $0.8M $4.0M Surface Components $1.3M $0.0M $1.3M Initial Capital Cost Owner’s Costs $0.7M $0.0M $0.7M Estimated at $14.2 Million Mine Clos
Slide 13: Bethania - Production Schedule
BETHANIA - PRODUCTION SCHEDULE Pre- • Silver production of 1.37 Million oz eq. Year 1 Total LOM production in first year, 8.68 Million oz eq. over LOM Mineralized material (t) 40,142 125,452 857 ,078 • Production (head) grade of 13.8 oz/t (or NSR (US$/t) 306 238 218 429 g/t) silver eq. in pre-produc
Slide 14: Bethania - Production and Cost Analysis
BETHANIA - PRODUCTION AND COST ANALYSIS Production and Cost Total Pre-Production (toll-milling) Year 1 Profile LOM Production (mt) 40 125 857 Silver, recovered (moz) 453 1,061 6,448 Silver, payable (moz) 428 1,004 6,101 Silver equivalent, payable 554 1,373 8,682 (moz) Silver revenue by % 77% 73% 70%
Slide 15: Bethania - IRR & Price Sensitivity
BETHANIA - IRR & PRICE SENSITIVITY 80% Price 90% Price 110% Price 120% Price Price Ag ECONOMIC Ag Ag Ag Ag SUMMARY 20.32 $/oz 22.86 $/oz 25.4 $/oz 27.94 $/oz 30.48$/oz NPV (5%) $51.9M $64.9M $77.8M $90.8M $103.7M Pre-Tax IRR 130% 173% 227% 298% 392% Payback 0.68 0.53 0.41 0.32 0.24 NPV (5%) $37.7M $
Slide 16: Bethania Mine Plan
442600-E 443100-E 443600-E LEGEND AREA 1: Santa Elena Concession AREA 2: Process Plant Existing roads AREA 1 BETHANIA MINE 8603000-N 8603000-N BETHANIA C MINE PLAN 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
Slide 17: Low-Risk Exploration
LOW-RISK EXPLORATION Bethania Mine Long Section 20 sub-parallel veins Bethania Main Zone Hilltop Zone Santa Elena: Vein Sample N Daniela Vein 91.1 oz/t Ag, 5.20 g/t Au Samantha Vein Drill sample Mercedes Mercedes Veinvein (110.7 oz/t Ag eq.) 24.2 oz/t Ag over 2.60 m Española 2: Historic (surface sho
Slide 18: Low-Risk Exploration – Growth Potential
LOW-RISK EXPLORATION – GROWTH POTENTIAL Bethania Mine Target Sections Daniela Vein Mercedes Vein N Samantha Vein Española 2: Historic Workings Santa Elena Unexplored Priority #3 Bethania – Priority #2 Target 4 Priority #1 Hilltop Hilltop Zone East Extension Depth extension Connection 0 250m * Please
Slide 19: Ongoing Surface Exploration: Carmen Vein Discovery
ONGOING SURFACE EXPLORATION Carmen Vein Discovery - The Carmen Vein, a new discovery with up to 6.26 g/t gold reported from a new structure sampled over 300 m to date. • The gold-bearing mineralization differs from the traditionally-mined silver and base metal veins at Bethania. • Anomalous gold val
Slide 20: Growth Potential - Carmelita
GROWTH POTENTIAL - CARMELITA Carmelita Property Bethania District 800 Hectare property strategically located ~3km from the Bethania Mine. • Potential strike extension to high – grade silver-polymetallic vein system at Bethania • Kuya geologists observed 5 veins outcropping on surface and took severa
Slide 21: Social Responsibility
SOCIAL RESPONSIBILITY Kuya Silver is actively engaged in building on a strong legacy of working cooperatively with the local Poroche community to develop a mutually beneficial, safe and sustainable mining business in the region The Company is committed to: 1. Providing a safe and sustainable work en
Slide 22: Introducing the Silver Kings Property
INTRODUCING THE SILVER KINGS PROPERTY In March 2021, Kuya completed a transaction with First Cobalt Corp. to acquire 100% of the Kerr Project and an option to enter a joint venture to earn up to 70% of its remaining Cobalt area claims. The combined property area is now known as the Silver Kings Proj
Slide 23: The Kerr Property at Silver Kings
THE KERR PROPERTY AT SILVER KINGS A World – Class Silver District The Kerr Property 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 50 million o
Slide 24: Share Structure
SHARE STRUCTURE Other Large Shareholders Sprott Asset Management Shares Outstanding 45,279,981 Crescat Capital Market Cap. (May 16th) C$32.60M Electra Battery Metals Earth Resource Investment Group Warrants (C$2.60 strike) 2,421,325 Options (C$0.90 - $4.15 strike) 2,162,500 Management 21.6% Fully Di
Slide 25: Management & Directors
MANAGEMENT & DIRECTORS Maura Lendon – Interim Chair & Director Ms. Lendon, is a seasoned, internationally-experienced general counsel with over 20 years’ experience in the mining and telecom industries gained after initially practicing with top Bay Street law firms. Ms. Lendon is the founder and Chi
Slide 26: Advisory Team
ADVISORY TEAM Dr. Quinton Hennigh – Geologic Advisor Dr. Hennigh is an economic geologist with more than 25 years of exploration experience with major gold mining firms, including Homestake Mining, Newcrest Mining and Newmont Mining. Currently, Dr. Hennigh is Geologic and Technical Director for Cres
Slide 27: Contact
www.kuyasilver.com @KuyaSilver KuyaSilverCorp 150 King Street West Suite 200 Toronto, Ontario, Canada Follow Kuya Silver M5H 3T9 Kuya-Silver CSE:KUYA