Kuya Silver Corporation · CSE:KUYA

Kuya Silver — Investor Presentation (January 2021)

17 slides from Kuya Silver's investor presentation, January 2021

  1. Slide 1: Building A Responsible High-Margin Silver Mining Company

    Building A Responsible High-Margin Silver Mining Company CSE: KUYA | OCTQB: KUYAF | FRA: 6MR1 HIGH GRADE | GROWING | SILVER PRODUCTION | JANUARY 2021 AMERICAS

  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: Kuya is a simplified form of the Quechuan word Qhuya, meaning a mine

    KUYA IS A SIMPLIFIED FORM OF THE QUECHUAN WORD “QHUYA” WHICH MEANS A MINE This presentation does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securitie

  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 Present (2020-2021) Future Vision (2021+) • Producing silver mine until 2016 – now on • RTO Q3 2020 (June-Sept) • Commission/Production care and maintenance. • Raised C$12.3M (June-July) • Produce at industry

  5. Slide 5: Share Structure

    Significant Shareholders SHARE STRUCTURE Management 29% Erika Soria (S&L Andes) 10% Commodity Capital 8% Eric Sprott 5% Shares Outstanding 33,972,726 Other Large Instituitional Shareholders Shares Issued in Bethania 3,929,288 Sprott Asset Management <5% Acquisition Crescat Capital <5% Total Shares (

  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 valuations higher • The investable silver universe is very small • Significant value increase for production • Production and/or significant exploration projects valued at C$100M+

  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 Endeavour Silver (2005) Silve

  8. Slide 8: Following a Successful Proven Strategy

    FOLLOWING A SUCCESSFUL PROVEN STRATEGY The Bethania Mine will Launch 4 the Market’s Next Silver Mining 3 Company 2 Lower risk: predictable 1 Benefit from by- geology, low capital intensity, well- Acquire small-scale product sales: base established mining mines from local metals and gold (~40% method

  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 opened in 1977 after discovery of two ve

  10. Slide 10: Leading Low-Cost Production

    LEADING LOW-COST PRODUCTION Silver Industry Comparable in Latin America (2019) Low Cost Profile $30.00 • High grades, higher recoveries $22.50 • No royalties or streams • Mining near surface $15.00 (lower haulage, mining costs vs. deep mines) Target $7.50 { AISC • Low non-discretionary sustaining ca

  11. Slide 11: Proposed Expansion to Reduce Costs

    PROPOSED EXPANSION TO REDUCE COSTS AISC NEW TREATMENT/ AISC REFINING PROCESSING - improved market - no toll milling TRANSPORT OTHER conditions costs - improved market - greater - eliminate long position with greater recoveries haul trucking 2015 FY production POST EXPANSION (most recent full - addit

  12. Slide 12: Simple Mining – Well Understood Orebody

    SIMPLE MINING – WELL UNDERSTOOD OREBODY Excellent Exploration Potential • Drifting exploration/production adits from several adits on east and west side • Swarm of high-grade veins trending NE-SW • Mined by underhand cut and fill • 6 veins – source of historical production + non 43-101 resources • 1

  13. Slide 13: Low-Risk Exploration

    LOW-RISK EXPLORATION Bethania Mine Long Section Española 2 Historical workings Current Mine Area (no resources) N 7 sub-parallel veins with development Mercedes vein (surface showing) Unexplored Vein sample Vein sample Vein sample Open 31.2 oz/t Ag over 1.40 206 oz/t Ag over 0.12 m 52.3 oz/t Ag over

  14. Slide 14: 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 3.

  15. Slide 15: Kerr Assets, Cobalt Camp (LOI with First Cobalt)

    KERR ASSETS, COBALT CAMP (LOI WITH FIRST COBALT) In December 2020, Kuya signed a Letter of Intent with First Cobalt Corp., to acquire the Kerr Project and an option to enter a joint venture to earn up to 70% of its remaining Cobalt area claims. The Kerr Assets (Northeastern Ontario) • Includes eight

  16. Slide 16: Management & Team

    MANAGEMENT & TEAM David Stein, MSc (Geo), CFA – President and CEO, Director Dr. Quinton Hennigh – Chairman Mr. Stein founded Kuya Silver in 2017 to acquire the high grade Bethania Silver Mine and Dr. Hennigh is an economic geologist with more than 25 years of exploration experience develop the next

  17. Slide 17: 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

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