Kuya Silver Corporation · CSE:KUYA

Kuya Silver — Investor Presentation (September 2021)

23 slides from Kuya Silver's investor presentation, September 2021

  1. Slide 1: Corporate Presentation

    Corporate Presentation CSE: KUYA | OTCQB: KUYAF | FRA: 6MR1 HIGH GRADE | GROWING | SILVER PRODUCTION | AMERICAS FALL 2021

  2. 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

  3. Slide 3: Important Disclosures - Cautionary Note Regarding Technical Disclosure

    IMPORTANT DISCLOSURES - PLEASE READ CAREFULLY CAUITIONARY NOTE REGARDING TECHNICAL DISCLOSURE The information in this presentation has been reviewed and approved by Dr. Scott Jobin-Bevans, P.Geo., who is a Qualified Person for the Company under the definitions established by National Instrument 43-1

  4. Slide 4: 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 (2020-2021) Future Vision (2022+) • Producing silver mine until 2016 – now on care • RTO Q3 2020 (June-Sept) • Commission/Production Bethania and maintenance. • Raised C$21.5M (two tranches, ‘20-

  5. Slide 5: Share Structure

    SHARE STRUCTURE Other Large Shareholders Sprott Asset Management Shares Outstanding 45,179,981 Crescat Capital Market Cap. (Sept. 13th) C$60.54M First Cobalt Corp. Earth Resource Investment Group Warrants (C$2.60 strike) 2,421,325 Options (C$0.90 - $4.15 strike) 1,797,500 Management 21.6% Fully Dilu

  6. Slide 6: Silver Companies - Very Small Sector

    SILVER COMPANIES - VERY SMALL SECTOR Pivoting to Gold Silver Equities Universe • Lack of good investment choices drives premium valuations • The investable silver universe is very small • Significant value increase for production • Production and/or significant exploration projects typically valued

  7. Slide 7: What Do These Successful Silver Companies Have in Common?

    WHAT DO THESE SUCCESSFUL SILVER COMPANIES HAVE IN COMMON? Start small Fortuna Silver (2006) and grow First Majestic (2005) First Year Production: 0.5Moz First Year Production: 0.3Moz Today: C$1.7M market cap through Today: C$3.3B market cap (gold-focused) production and Silver acquisition Endeavour

  8. Slide 8: 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

  9. Slide 9: 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

  10. Slide 10: Dual Track Value Creation

    DUAL TRACK VALUE CREATION Surface Phase 1: 43-101 Vein Carmelita Phase 2: Step-Out Drill Program Resource Sampling Exploration & Resource Growth Drill Silver Kings 2nd Phase Program Regional Drilling / Kerr Resource Detailed Underground Engineering Development Start Plant Commissioning Construction

  11. Slide 11: Bethania Expansion – Optimizing Future Production

    BETHANIA EXPANSION – OPTIMIZING FUTURE PRODUCTION Potential Cost Savings Onsite Production • High grades, higher recoveries • No royalties or streams • Mining near surface (lower haulage, mining costs vs. deep mines) TREATMENT/ PROCESSING TRANSPORT • Low non-discretionary REFINING sustaining capital

  12. Slide 12: Simple Mining – Well Understood Mineralization – Open Along Strike and at Depth

    SIMPLE MINING – WELL UNDERSTOOD MINERALIZATION – OPEN ALONG STRIKE AND AT DEPTH Bethania Target Block (Victoria Vein) • Drifting exploration/production adits from several adits on east and west side • Swarm of high-grade veins trending NE-SW Drill sample 11.5 oz/t Ag over 0.60 m • Mined by overhand

  13. Slide 13: 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

  14. Slide 14: Low-Risk Exploration: Bethania Mine Target Sections

    LOW-RISK EXPLORATION Bethania Mine Target Sections Daniela Vein Mercedes Vein N Samantha Vein Española 2: Historic Workings Mercedes vein (surface showing) Unexplored Target 2 Bethania – Target 3 Target 4 Target 1 Hilltop Hilltop Zone East Extension Depth extension Connection 0 250m * Please see “Ca

  15. Slide 15: Phase 1 Drilling: Plan View Map

    PHASE 1 DRILLING: PLAN VIEW MAP 442400mE 442500mE 442600mE 442700mE 442800mE 442900mE 443000mE 8603100mN 8603100mN 113.8 Legend 124.3 29.9 34.1 ž Drill Platform 8603000mN 299.6 420.4 302.8 55.0 45.2 Drill Hole Trace8603000mN While historical mining focused on only 69.1 142.2 36.2 120.2 H Concession

  16. Slide 16: 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

  17. Slide 17: 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

  18. Slide 18: 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

  19. Slide 19: 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

  20. Slide 20: Management & Team

    MANAGEMENT & TEAM Andres Recalde – Director Mr. Recalde is the Director of Mining for Common Good. His expertise is with social performance and building stakeholder confidence for the extractive industries. Mr. Recalde is Peruvian/Canadian and has David Stein, MSc (Geo), CFA – President and CEO, Dir

  21. Slide 21: www.kuyasilver.com

    www.kuyasilver.com @KuyaSilver KuyaSilverCorp 217 Queen Street, Suite 401 Toronto, Ontario, Canada M5V 0R2 Follow Kuya Silver Kuya-Silver CSE:KUYA

  22. Slide 22: Phase 1 Drilling Highlights – Main Bethania Zone

    PHASE 1 DRILLING HIGHLIGHTS – MAIN BETHANIA ZONE Hole ID From (m) To (m) Width (m) Ag (g/t) Au (g/t) Cu (%) Pb (%) Zn (%) Ag eq (g/t) Ag eq g*m Comments BDH-03 191.45 192.95 1.50 192.44 0.72 0.04 0.48 0.61 279.70 419.56 Española incl. 192.75 192.95 0.20 1,325.00 2.51 0.21 3.10 2.98 1,702.58 340.52 B

  23. Slide 23: Phase 1 Drilling: Bethania Main Zone

    PHASE 1 DRILLING: BETHANIA MAIN ZONE Drilling Confirmed Significant Silver Endowment CSE:KUYA 23

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