Kuya Silver Corporation · CSE:KUYA
Kuya Silver — Investor Presentation (September 2024)
26 slides from Kuya Silver's investor presentation, September 2024
Slide 1: Corporate Presentation September 2024
Developing district-scale silver projects to production CORPORATE PRESENTATION SEPTEMBER 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 ~13,000 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 BETHANIA Today 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: infrastructure and • Bigger is better: lower Initial production
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 50 km • Located in major silver-lead-zinc mining district in Central Peru • Access mine by road from Huancayo (major city, 500,000 inhabitants) • Daily flights from Lima to Jauja Airport (servicing Huancayo city) • Mine located near (abandoned) mining vill
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: Initial Resource
INITIAL RESOURCE Española vein Bethania Near Surface Maiden Resource – Focused on Near Mine • Resource Drilling Focused On Shallow Mineralization Proximal to Bethania Mine Workings • 63% of Indicated Silver Equivalent Resource Estimate Located Above primary production adit (4670 Level) 12 de Mayo ve
Slide 9: Bethania: Production and Resource Growth
BETHANIA: PRODUCTION AND RESOURCE GROWTH Bethania Mine Long Section – PEA: 350 tpd production for 7 Years from starter block (RED) 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 reso
Slide 10: Bethania: Production
BETHANIA: PRODUCTION DEVELOPMENT PRODUCTION ECONOMICS In Q4 Kuya completed the 1st Production commenced and All-in-sustainable cost tranche strategic investment being stockpiled at site $9.85/oz equivalent in PEA investment from Trafigura (first 18 months) and off take agreements.. Toll milling to b
Slide 11: Española Vein - Production Started
ESPAÑOLA VEIN - PRODUCTION STARTED Production Adits 1 Ramp/winch (640 level and below) 2 Horizontal adit (670 level and above) 1 2 LVL 670 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 me
Slide 12: Development & Production Timeline (2024-25)
DEVELOPMENT & PRODUCTION TIMELINE (2024-25) 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 by year end PHASE 1 PHASE 2 Phase 3 Phase 4 Start of the ramp Completion o
Slide 13: 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 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 (similar to Bethania Main + Hilltop combined) Discovery of Carmelitas Nort
Slide 15: The Silver Kings Project
THE SILVER KINGS PROJECT Silver-Cobalt District with World-Class History • The ~13,000 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 f
Slide 16: 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 17: 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 18: Campbell-Crawford and Airgiod Target Areas
CAMPBELL-CRAWFORD AND AIRGIOD TARGET AREAS Campbell-Crawford • Expansion of vein cluster which includes the 2023 Angus Vein discovery. • Follow-up targets include newly interpreted higher-grade mineralized shoot along the Angus Vein and similar nearby targets within the McNamara and Toms veins. Airg
Slide 19: 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 20: Share Structure
Shares Outstanding 104,501,729 SHARE STRUCTURE Market Capitalization (Sept 3rd, 2024) ~C$39 Million Warrants 43,428,237 Options and RSUs 4,497,300 Fully Diluted 152,427,266 68.7% Significant Shareholders Management 11.5% Kuya Advisory Team 6.2% 10.8% 6.2% 5.8% Crescat Capital 9.0% 8.5% Trafigura 6.6
Slide 21: 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 22: 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
Slide 23: Appendix: Bethania PEA Highlights (Updated 2023)
APPENDIX: BETHANIA PEA HIGHLIGHTS (Updated 2023) 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 produc
Slide 24: Appendix: Bethania Mine - Permitted Mill Layout
APPENDIX: BETHANIA MINE - PERMITTED MILL LAYOUT Note: See the Amended and Restated Bethania PEA (October 2023) Report for further details. CSE: KUYA | OTCQB: KUYAF | FRA: 6MR1 24
Slide 25: Appendix: Advisory Team
APPENDIX: 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. Aramay
Slide 26: Appendix: Key Assumptions and Other Notes
APPENDIX: KEY ASSUMPTIONS AND OTHER NOTES 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