Kuya Silver Corporation · CSE:KUYA
Kuya Silver — Investor Presentation (September 2023)
24 slides from Kuya Silver's investor presentation, September 2023
Slide 1: Corporate Presentation September 2023
Developing district-scale silver projects to production CORPORATE PRESENTATION SEPTEMBER 2023 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 Company, its directors, officers, or employees, including but not limited to securities class action be comparable with information made public by United States companies s
Slide 3: Kuya Silver: The Dual Track Value Creation
KUYA SILVER: THE DUAL TRACK VALUE CREATION Expand Hilltop Regional Bethania Carmelita • 2022 resource estimate Zone Exploration (Main Zone) • New vein discoveries (post resource) • 4500+ ha district land package • Second artisanal mine • 100%-owned + JV Phase 2 drilling Resource • Patented mill site
Slide 4: Two Projects Perfectly Situated on the Lassonde Curve
TWO PROJECTS PERFECTLY SITUATED ON THE LASSONDE CURVE BETHANIA SILVER KINGS 4
Slide 5: Bethania: Access and History
BETHANIA: 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 discov
Slide 6: Bethania: District-Scale Potential
BETHANIA: DISTRICT-SCALE POTENTIAL 4500+ Hectare Bethania Mine Land Package Carmelitas 6
Slide 7: 2022 Resource Estimate Model
2022 RESOURCE ESTIMATE MODEL 50% Resource Estimate A combination of: 50% - 2021 (phase 1) 5,000-metre diamond drilling - underground rock chip samples 1500m+ of prospective targets within over 25+ mineralized veins 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 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 10: Low-Risk Exploration
LOW-RISK EXPLORATION Bethania Mine Long Section 20+ sub-parallel veins Bethania Main Zone Hilltop Zone N Daniela Vein Santa Elena Vein Sample Mercedes Mercedes Vein vein 91.1 oz/t Ag, 5.20 g/t Au Española 2: Historic (110.7 oz/t Ag eq.) Workings (no resource) (surface showing) max 230 m Samantha/24
Slide 11: Significant Growth Potential
SIGNIFICANT GROWTH POTENTIAL BETHANIA MINE AREA High-grade veins discovered near surface. Santa Elena Vein: ~500m from furthest underground development. Up to 3675 g/t AgEq. Near-Mine Vein Clusters: Newly identified branch mineralization around Española Vein not in current resource estimate. Carmen
Slide 12: The Silver Kings Project
THE SILVER KINGS PROJECT Silver Kings, Ontario • The 18,000+ 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 13: The Kerr Project at Silver Kings
THE KERR PROJECT AT SILVER KINGS The Kerr Project 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 to
Slide 14: Campbell-Crawford Area
CAMPBELL-CRAWFORD AREA The Campbell-Crawford area is less than 1 km from five major mines, with total historic production of 48.2 million ounces of silver. Although cobalt-bearing veins were known on surface and in shallow exploratory workings, the lower diabase contact, where veins generally cluste
Slide 15: Angus Vein Discovery
ANGUS VEIN DISCOVERY Phase 1 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) The upcoming 6,000m phase 2 drill • program will focus on expanding the mineralized footprint at Campbel
Slide 16: Additional Targets Around Campbell-Crawford
ADDITIONAL TARGETS AROUND CAMPBELL-CRAWFORD Three veins and/or veins systems, including, have been uncovered on surface at Campbell- Crawford and the adjacent Airgiod area, for a combined length to date of 375 m. Targets are open along strike 16
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: Kuya Investment Highlights
KUYA INVESTMENT HIGHLIGHTS CORPORATE ADVANTAGE EXPLORATION ADVANTAGE PRODUCTION ADVANTAGE • Near-term silver producer with a valuation • Limited but very successful exploration to • Bethania mine and new plant project is of an exploration company date = huge exploration opportunity fully permitted w
Slide 19: Share Structure
Shares Outstanding 76,145,183 SHARE STRUCTURE Market Capitalization (September 5th, ~C$18.65 M 2023) Warrants 17,660,418 Options and RSU’s 3,090,300 Fully Diluted 96,895,901 67.2% Significant Shareholders Management 15.2% 15.2% Kuya Advisory Team (see slide 23) 8.2% 8.2% Crescat Capital 9.4% Other L
Slide 20: 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 President and CEO, Director career in mining investments, first as a sell-side analyst and
Slide 21: 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 22: 150 King Street West Suite 200 Toronto, Ontario, Canada
150 King Street West Suite 200 Toronto, Ontario, Canada M5H 3T9 @KuyaSilver KuyaSilverCorp Follow Kuya Silver Kuya-Silver www.kuyasilver.com
Slide 23: 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, with production co
Slide 24: Bethania Mine Plan
BETHANIA MINE PLAN 442600-E 443100-E 443600-E /(*(1' AREA 1: Santa Elena Concession AREA 2: Process Plant Existing roads $5($ %(7+$1,$ 0,1( 8603000-N 8603000-N C 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 A