Kuya Silver Corp. reports operating and exploration developments for its silver-focused mining business, centered on the Bethania silver mine in Peru. Company news commonly covers Bethania production, underground development, drilling, infrastructure and processing-capacity initiatives, financings, equity awards, financial results, leadership appointments, and exploration results from district-scale precious-metals projects.
Kuya Silver also discloses updates tied to precious-metals assets in Peru and Canada, along with the Umm-Hadid joint venture in Saudi Arabia. The Bethania mine was officially restarted in May 2024, and recurring updates frame production growth alongside regional silver vein-system exploration.
Kuya Silver (KUYAF) advanced a record 575 metres underground at Bethania during Q3 2026 as it prioritized development over near-term production. It mined 3,401 tonnes of mineralized material, below Q2 but slightly above Q1, and generated approximately US$1.3 million in revenue. Silver recovery rose to 83.3% from 79.7% in Q2; production guidance remains unchanged.
A higher-horsepower winch, scheduled for commissioning in the coming weeks, is expected to support the 350-tonne-per-day mining target without completing the ramp. A redesigned ramp would support potential further expansion. An October blended batch including Española vein material averaged 10 oz/t silver with 91% recovery, but is not necessarily representative of the operation. The 20,000-metre drilling program restarted in late September, with completion expected by Q2 2027. A surface rights agreement was signed for Carmelitas exploration.
Kuya Silver (KUYAF) approved 525,000 stock options under its equity incentive plan, effective October 19, 2026, at C$0.50 per share.
Each option permits the purchase of one common share. Independent directors receive 475,000 options as their annual equity incentive, expiring five years from the grant date. An independent strategic advisor receives a one-time grant of 50,000 options, expiring after two years. The options vest in thirds on the grant date and its first and second anniversaries, subject to the plan and option agreements, including earlier termination.
Kuya Silver (KUYAF) closed a toll-milling and financing agreement with SMRL Camila 2008 to secure processing capacity for its Bethania mine. The agreement replaces the previous letter of intent. Kuya is lending Camila US$400,000 to expand its plant to approximately 280 wet tonnes per day. The equipment-secured loan earns 7% annualized interest over 24 months, with equal monthly repayments and a cash sweep from plant income.
Camila will reserve up to 3,000 tonnes per month through March 2027, rising to 4,000 tonnes per month from April 2027 until loan maturity. Additional capacity requires advance notice, and processing fees are indexed to inflation. Kuya expects to prioritize and accelerate construction of its fully permitted 350-tpd Bethania plant, which would eventually become the mine's primary processing facility.
Kuya Silver (KUYAF) reported new high-grade silver-gold drill assays from the Umm Hadid project in Saudi Arabia, advancing resource-definition work at Target 01 within an ongoing 10,000-metre program.
New highlights include hole 26-UH-004 with 26.10 m grading 77.8 g/t silver and 0.14 g/t gold from 64.45 to 90.55 m, including 0.30 m at 3,779 g/t silver and 6.35 g/t gold, and a separate 2.10 m at 178.5 g/t silver and 0.51 g/t gold. Hole 26-UH-006 returned 9.17 m at 137.1 g/t silver and 0.13 g/t gold from 71.00 to 80.17 m, including 0.30 m at 3,656 g/t silver and 1.99 g/t gold. Additional intercepts include 12.05 m at 151.5 g/t silver in 26-UH-002 and 2.23 m at 421.9 g/t silver in 26-UH-009.
A total of 59 diamond drill holes totalling approximately 11,373.5 m have been completed across Targets 01, 02 and 03, with mineralization encountered at depths from about 16 to 131 m. APEX Geoscience is engaged to optimize drilling and prepare a maiden NI 43-101 mineral resource estimate and technical report, supported by a QA/QC program that the company reports is performing within acceptable limits.
Kuya Silver (OTCQB: KUYAF) reported financial and operating results for the six months ended June 30, 2026. The company held cash of $25.5 million, supporting exploration and mine development, including construction of a new ramp for the Bethania mine’s Phase 1 ramp-up to 350 tonnes per day.
Revenue for the first half of 2026 rose to $2.7 million from $1.3 million a year earlier, with Q2 revenue of $1.25 million, driven by higher silver production and prices. Exploration and evaluation expenditures declined to $1.0 million from $1.3 million, while the net loss widened to $2.8 million from $1.35 million, reflecting increased activity at Bethania and higher administrative costs.
According to Kuya Silver, exploration spending is expected to rise in H2 2026 as drilling expands and Bethania advances infrastructure and ramp-up activities. The company is also evaluating the proposed Camila Plant acquisition and continues onboarding contractors to accelerate mine development and underground drilling into 2027.
Kuya Silver (OTCQB: KUYAF) reported preliminary sampling results from historic stockpiles and tailings at its 13,000+ ha Silver Kings project in Northern Ontario. A master composite from the Kerr Lake Mill crushed stockpile graded 168 g/t silver, 0.365% cobalt and 0.6% copper, equivalent to 276 g/t silver based on July 23, 2026 metal prices.
Master composite tailings samples returned 75 g/t silver and 0.037% cobalt at Frontier and 47 g/t silver at Canadaka, while blast stockpiles included up to 62 g/t silver (Silverfields) and 0.184% cobalt (Lawson). Kuya Silver plans additional sampling, metallurgical test work and resource estimation, and emphasizes these reconnaissance results are not mineral resources or reserves but are being used to frame potential reprocessing opportunities.
Kuya Silver (OTCQB: KUYAF) reported record Q2 2026 production at its Bethania silver mine, with 5,097 metric tonnes of mineralized material mined, a 66% quarter‑over‑quarter increase. Record quarterly output reached 23,912 oz silver (30,559 oz silver equivalent), and June delivered a monthly record of 13,273 silver equivalent ounces as grades improved.
According to Kuya Silver, underground development also set records, with 437 metres advanced and 1,535 tonnes of development material. Silver accounted for 87% of Bethania revenue at an average selling price of $72/oz, while silver recoveries averaged 79.7% in Q2 and rose to about 82% in June. The company approved installation of a dual‑car hoisting winch system targeted for commissioning in October 2026 to support ramp‑up toward its Phase 1 production strategy.
Kuya Silver (OTCQB: KUYAF) reported Q1 2026 revenue of $1.46M, up from $0.23M in Q1 2025 and $0.31M in Q4 2025, driven by Bethania silver concentrate sales.
Cash rose to $27.2M, net loss improved to $1.24M, and 2026 Bethania production is targeted at 150,000–200,000 oz AgEq with Phase 1 ramp-up to 350 tpd underway.
Kuya Silver (OTCQB: KUYAF) reported Q4 and FY2025 results and appointed Edgardo Orderique as General Manager, Peru, alongside new operations and finance leaders to support ramp-up at the Bethania silver project.
Q4 revenue was $307,331, Q4 net loss $428,930, FY2025 net loss $3,584,373, year-end cash $9.34M and cash was approximately $27.0M as of March 31, 2026.
Kuya Silver (OTCQB: KUYAF) reported record Q1 2026 operational progress at the Bethania silver project, with 3,076 tonnes mined, sustained 100 tpd throughput and Q1 silver recoveries improving to 79.2%. The company holds approximately $27 million cash and reiterates a plan to reach 350 tpd by year-end while pursuing the Camila plant acquisition.