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Kuya Silver Adds to Known Silver Mineralization at Bethania Project by Discovering New Silver Vein Zone and Expanding Surface Mineralization at Previously Identified Prospects

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Kuya Silver (OTCQB: KUYAF) announced significant expansion of silver mineralization at its 4,500-hectare Bethania Project. The company discovered a new silver vein zone at Millococha and expanded surface mineralization at previously identified prospects. Key findings include:

The newly identified Millococha Oeste and Norte zones showed impressive results with grab samples up to 2,630 g/t silver. The combined strike length of prospective mineralized silver veins outside the Bethania mine increased by 41%, reaching approximately 7 kilometers. The exploration program yielded strong results with over 50% of samples returning grades exceeding 200 g/t silver equivalent.

The discovery significantly expands the mineralized footprint across four different prospects with seven separate vein clusters, demonstrating the project's growing potential for silver mineralization.

Kuya Silver (OTCQB: KUYAF) ha annunciato una significativa espansione della mineralizzazione di argento nel suo progetto Bethania di 4.500 ettari. L'azienda ha scoperto una nuova zona di vene d'argento a Millococha e ha ampliato la mineralizzazione superficiale in prospezioni già identificate. I risultati principali includono:

Le nuove zone identificate, Millococha Oeste e Norte, hanno mostrato risultati impressionanti con campioni puntuali fino a 2.630 g/t di argento. La lunghezza complessiva delle vene mineralizzate d'argento prospettiche al di fuori della miniera Bethania è aumentata del 41%, raggiungendo circa 7 chilometri. Il programma di esplorazione ha prodotto risultati importanti con oltre il 50% dei campioni che hanno restituito concentrazioni superiori a 200 g/t argento equivalente.

Questa scoperta amplia notevolmente l'area mineralizzata su quattro diversi siti con sette gruppi distinti di vene, dimostrando il crescente potenziale del progetto per la mineralizzazione di argento.

Kuya Silver (OTCQB: KUYAF) anunció una expansión significativa de la mineralización de plata en su proyecto Bethania de 4,500 hectáreas. La compañía descubrió una nueva zona de vetas de plata en Millococha y amplió la mineralización superficial en prospectos previamente identificados. Los hallazgos clave incluyen:

Las zonas recién identificadas Millococha Oeste y Norte mostraron resultados impresionantes con muestras puntuales de hasta 2,630 g/t de plata. La longitud combinada de las vetas mineralizadas de plata prospectivas fuera de la mina Bethania aumentó en un 41%, alcanzando aproximadamente 7 kilómetros. El programa de exploración arrojó resultados sólidos con más del 50% de las muestras con grados superiores a 200 g/t equivalente de plata.

El descubrimiento amplía significativamente la huella mineralizada en cuatro prospectos diferentes con siete grupos separados de vetas, demostrando el creciente potencial del proyecto para la mineralización de plata.

Kuya Silver (OTCQB: KUYAF)4,500헥타르 규모의 Bethania 프로젝트에서 은 광물화가 크게 확장되었음을 발표했습니다. 회사는 Millococha에서 새로운 은 광맥 구역을 발견했으며 이전에 확인된 탐사 지역에서 지표 광물화도 확장했습니다. 주요 발견 사항은 다음과 같습니다:

새로 확인된 Millococha Oeste 및 Norte 구역에서는 은 함량이 최대 2,630 g/t에 달하는 시료가 확인되었습니다. Bethania 광산 외부의 유망한 은 광맥의 총 연장은 41% 증가하여 약 7킬로미터에 이르렀습니다. 탐사 프로그램에서는 50% 이상의 시료가 200 g/t 은 환산 등급을 초과하는 우수한 결과를 보였습니다.

이번 발견으로 4개의 서로 다른 탐사 지역에 걸쳐 7개의 개별 광맥 군집이 포함된 광물화 범위가 크게 확대되어 프로젝트의 은 광물화 가능성이 더욱 커졌음을 입증했습니다.

Kuya Silver (OTCQB : KUYAF) a annoncé une expansion significative de la minéralisation en argent sur son projet Bethania de 4 500 hectares. La société a découvert une nouvelle zone de veines d'argent à Millococha et a étendu la minéralisation en surface sur des prospects déjà identifiés. Les principales découvertes incluent :

Les zones nouvellement identifiées Millococha Oeste et Norte ont montré des résultats impressionnants avec des échantillons ponctuels atteignant 2 630 g/t d'argent. La longueur combinée des veines d'argent minéralisées prospectives en dehors de la mine Bethania a augmenté de 41%, atteignant environ 7 kilomètres. Le programme d'exploration a donné de solides résultats avec plus de 50% des échantillons affichant des teneurs supérieures à 200 g/t équivalent argent.

Cette découverte étend considérablement l'empreinte minéralisée sur quatre prospects distincts avec sept groupes de veines séparés, démontrant le potentiel croissant du projet pour la minéralisation en argent.

Kuya Silver (OTCQB: KUYAF) gab eine bedeutende Erweiterung der Silbermineralisierung in seinem 4.500 Hektar großen Bethania-Projekt bekannt. Das Unternehmen entdeckte eine neue Silbergangzone bei Millococha und erweiterte die Oberflächenmineralisierung an zuvor identifizierten Prospektionsstellen. Wichtige Erkenntnisse umfassen:

Die neu identifizierten Millococha Oeste und Norte Zonen zeigten beeindruckende Ergebnisse mit Einzelproben von bis zu 2.630 g/t Silber. Die kombinierte Streichlänge der potenziellen mineralisierten Silbergänge außerhalb der Bethania-Mine erhöhte sich um 41% und erreichte etwa 7 Kilometer. Das Explorationsprogramm lieferte starke Resultate mit über 50% der Proben, die Gehalte von über 200 g/t Silberäquivalent aufwiesen.

Die Entdeckung erweitert den mineralisierten Bereich deutlich über vier verschiedene Prospekte mit sieben separaten Gangclustern und zeigt das wachsende Potenzial des Projekts für die Silbermineralisierung.

Positive
  • Discovery of new Millococha zones with exceptional high-grade samples up to 2,630 g/t silver
  • 41% increase in mineralized silver vein strike length outside the Bethania mine
  • Over 50% of samples returned grades exceeding 200 g/t silver equivalent
  • Expansion of mineralization footprint to 7 kilometers of silver-mineralized veins outside mine area
Negative
  • Most mineralized veins at surface have been subjected to historical small-scale mining
  • Limited outcrop availability in some areas restricts complete vein mapping
  • Some grab samples exceeded processing limits and are not fully representative of total vein mineralization

Numerous mineralized veins identified in the new Millococha (Oueste and Norte) zones with grab samples up to 2,630 g/t silver

Other priority zones expanded, increasing the overall strike length of mapped and sampled silver vein mineralization, outside of the Bethania mine by 40% including expansion of Bethania Hilltop zone, Carmelitas, and Tito prospects

Toronto, Ontario--(Newsfile Corp. - July 17, 2025) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to announce the result of a recent regional surface exploration program covering much of the Company's 4,500 ha concession package at the Bethania Project. During May and June, 2025, Kuya Silver's exploration team delineated a fourth prospective area with silver veins identified at surface, Millococha Oeste and Millococha Norte, exhibiting a similar mineralized footprint size to the Bethania mine and the Company's other high priority satellite target areas, Tito and Carmelitas. With these new results, mineralized silver veins have been identified in four different prospects (seven separate vein clusters), with a combined strike length of approximately 7 kilometers of silver-mineralized veins outside of the mine area, and another approximately 1.7 to 2.2 km of mineralized veins to date at the Bethania mine.

Highlights

  • Newly identified Millococha Oeste and Millococha Norte, located nearby past producing artisanal mine(s), including 12 samples collected with over 1000 g/t silver equivalent*, with grades up to 2,630 g/t silver (2,668 g/t silver equivalent*)

  • Silver mineralization sampled across dense network of more than 10 veins at Millococha Oeste, with three additional veins identified approximately 1 km away at Millococha Norte

  • Other highlighted results include extensions to silver vein mineralization near the Bethania mine including the Hilltop zone, a new zone in the Carmelitas area, known as Carmelitas Este, and extensions to previously identified mineralization at the Tito PH prospect.

  • The discovery at surface of silver vein mineralization over multiples zones and prospects significantly expands the mineralized footprint of the Bethania silver district. Outside of the Bethania mine, the combined strike length of prospective mineralized silver veins (identified, mapped and sampled) is estimated to have increased by 41% from this 2025 program.

Kuya Silver continues to focus on historical artisanal mining areas within our 4,500 ha Bethania Project land package to develop first order targets for additional exploration work. We have observed that most mineralized (and potentially unmineralized) veins that can be observed at surface have been subjected to small-scale surface mining and in the sides of hills and ridges we commonly observe evidence of limited artisanal underground adit mining. This recent program did not, in general, resample previously discovered surface mineralization, but instead samples were collected at newly identified vein targets or extensions of previously sampled veins, identified by evidence of historical mining activity or through mapping of veins. The veins observed and sampled in this program range from millimeter scale to tens of centimeters, however much like other mineralized areas Kuya Silver has explored in the Bethania district, it is expected that wider veins exposed on surface have been mined via historical small-scale mining.

David Stein, Kuya Silver's President and CEO remarked, "Our regional exploration program of the Bethania silver district has once again been very fruitful with more than 50% (58 out of 111 total) of the samples collected across our 4,500 ha Bethania silver district returning grades of more than 200 g/t silver equivalent*. We are particularly pleased with the discovery of a new prospective zone, with consistently high silver grades at Millococha Oueste, as well as the expansion of each our other main silver mineralization centres: the Bethania mine, Tito PH prospect and Carmelitas propsects. Millococha appears to have similar size and scale to Bethania and the other satellite targets making it a welcome addition to our growing inventory of silver prospects across the Bethania district."

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Figure 1: Bethania surface exploration May 2025 program highlights showing all sample locations

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New Silver Vein Clusters Identified At Millococha Oeste and Millococha Norte

Kuya Silver identified two silver vein zones, less than one kilometer apart in a past-producing artisanal mining area known as Millococha. The Millococha Oeste target, the larger of the two zones, is located on the Tres Bandera 08 mining concession with a cluster of at least 10 E-W trending silver veins in addition to minor structures identified over a N-S width of roughly 500 m. The longest vein in the group interpreted to be up to 500 m in strike length however the mapping is limited as the veins trend westward into a valley with little outcrop available.

The Millococha area represents a fourth important zone of silver mineralization within the scope of the Bethania Project. In this case, the primary area of interest is located approximately 4 km SW of the Bethania mine, within Kuya Silver's 4,500 ha contiguous mineral concession package. The Millococha Oueste zone to stands out amongst Kuya Silver's various exploration prospects at the Bethania Project due to the relatively high density of veins and the consistently high silver grades. In addition, while more typical "Bethania-style" silver-polymetallic mineralization is observed in Millococha Oueste, some of the silver-rich samples contain almost no other metals of material value, with silver representing up to 98% of the value in some samples (see Table 1).

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Figure 2: Millococha Oueste and Millococha Norte surface sampling results

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Table 1: Millococha Sampling Highlights
Sample LocationAg g/tAgEq* g/t
Millococha Oeste
Blast pit/muckpile2,6302,668
Blast pit/muckpile2,5102,558
In situ1,1852,065
Blast pit/muckpile1,6902,040
Millococha Norte
In situ505858
In situ481666
Blast pit/muckpile174341

  
*Silver Equivalency (AgEq) was calculated using silver ($37.77 USD/troy oz), gold ($3,328.60 USD/troy oz), copper ($9,581.63 USD/tonne), lead ($1,973.47 USD/tonne) and zinc ($2,695.92 USD/tonne) values, obtained on July, 15 2025, and do not consider metal recovery.

The Millococha Norte area is located on the Tres Banderas 06 concession, approximately 1 km NE of Millococha Oeste and 2 km south of the Carmelitas Main zone, where several other mineralized veins were observed and sampled.

Expansion of Mineralization At the Bethania Mine Area

Another positive development from this recent field program was the identification of additional silver mineralization in immediate vicinity of the Bethania mine. The Capri 98 prospect consists of a vein structure that is interpreted to be at least 500 m long immediately north of the Bethania mining concession. Also, extensions to the Hilltop zone vein cluster were observed and sampled in both strike length directions NW and SE. These were among the highest grade samples collected in the most recent program. All three of these mineralized zones are located on the Tres Banderas 05 concession.

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Figure 3: Bethania mine area sampling results

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Table 2: Bethania Mine Area Sampling Highlights
Sample LocationAg g/tAgEq* g/t
Hilltop Zone extension
Blast pit/muckpile1,9952,492
Blast pit/muckpile1,6051,981
Blast pit/muckpile1,6401,738
Blast pit/muckpile9351,293
Capri 98
Blast pit/muckpile715904
Blast pit/muckpile650864
In situ371524

 

New Carmelitas Este Zone and Expansion of the Tito PH Target

A cluster of veins where historical artisanal surface mining occurred were observed and sampled, located approximately 1 km SE of Carmelitas Norte and 1 km NE of Carmelitas Main - now known as Carmelitas Este. Carmelitas Este appears to be another historical artisanal mining area returning significant silver assays from grab samples (see Table 3). In additional mineralization was extended at the Tito PH prospect through additional sampling. Tito PH, originally noted as a silver prospect in 2024, consists of one major vein structure located on the flank of a ridge approximately 1.5 km south of the Bethania mine, as well as parallel and intersecting minor veins. Mineralization was discovered on the main ridge approximately 1 km along strike potentially extending the strike of the central Tito PH vein to more than 1.5 km. Newly identified zones were also sampled in the Tito PH area (see Table 3).

Table 3: Highlighted Sampling from Other Project Areas
Sample LocationAg g/tAgEq* g/t
Carmelitas Este
Blast pit/muckpile482838
Blast pit/muckpile735747
Blast pit/muckpile369702
Tito PH
Blast pit/muckpile207341
Blast pit/muckpile158281
Tito PH Norte
Blast pit/muckpile122288
In situ21228
Valle de Plata
Blast pit/muckpile245448
In situ205309

 

Quality Assurance and Quality Control

A total of 111 grab samples (plus QA/QC) were collected in May and June 2025. The coordinates of the locations of each sample were measured by handheld GPS and the samples dispatched to the ALS Peru S.A. laboratory in Lima for geochemical analysis. The analyses were carried out using the following methods: ME-OG61a - Multi-acid digestion and ICP-AES detection for 33 elements, Au-AA23 - Fire Assay, and Ag-OG62 - four acid digestion and ICP-AES for overlimit silver. ALS Peru S.A. laboratory in Lima has international certifications OHSAS 18001, ISO 14001 and ISO 9001 and is accredited by INACAL under the NTP-ISO / IEC 17025.

All QA/QC standards were acceptable and within two standard deviations of certified values.

** Samples were processed with overlimit ranges of >200 to 10,000 g/t silver, >10 to 20% lead, and >10 to 30% zinc and some grab samples exceeded these new limits and were not processed further. As these samples were early-stage grab samples and do not include details on vein width, they are not fully representative of total vein mineralization. Channel saw sampling, which will be deployed in subsequent programs and which will sample the entire width of vein, is more representative of mineralization.

National Instrument 43-101 Disclosure

The technical content of this news release has been reviewed and approved by David Lewis, M.Sc., P.Geo., Vice President Exploration with Kuya Silver Corp. and a Qualified Person as defined by National Instrument 43-101.

About Kuya Silver Corporation

Kuya Silver is a Canadian‐based, growth-oriented mining company with a focus on silver. Kuya Silver operates the Bethania silver mine in Peru, while developing district-scale silver projects in mining-friendly jurisdictions including Peru and Canada.

For more information, please contact:

David Stein, President and Chief Executive Officer
Telephone: (604) 398‐4493
info@kuyasilver.com
www.kuyasilver.com

Reader Advisory

This news release contains statements that constitute "forward-looking information," including statements regarding the plans, intentions, beliefs, and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "must," "next," "propose," "new," "potential," "prospective," "target," "future," "verge," "favorable," "implications," and "ongoing," and similar expressions, as they relate to the Company or its management, are intended to identify such forward-looking information. Investors are cautioned that statements including forward-looking information are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those described in the forward-looking information as a result of various factors, including but not limited to fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing, and general economic, market, and business conditions. There can be no assurances that such forward-looking information will prove accurate, and therefore, readers are advised to rely on their own evaluation of the risks and uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Appendix A

Complete Sampling Data from May 2025 Bethania Exploration Prospecting Program (>200 g/t Silver Equivalent*). Coordinates are presented in WGS84 UTM Zone 18S.

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FAQ

What were the key findings from KUYAF's Bethania Project exploration program in 2025?

The program discovered new Millococha zones with samples up to 2,630 g/t silver and increased the mineralized silver vein strike length by 41% outside the Bethania mine, reaching approximately 7 kilometers.

How many silver prospects has Kuya Silver identified at the Bethania Project?

Kuya Silver has identified four different prospects with seven separate vein clusters, including the new Millococha zones, Bethania mine area, Tito, and Carmelitas prospects.

What is the total land package size of KUYAF's Bethania Project?

The Bethania Project consists of a 4,500-hectare contiguous mineral concession package.

What percentage of samples from KUYAF's 2025 Bethania exploration returned significant silver grades?

Over 50% of the samples (58 out of 111) returned grades of more than 200 g/t silver equivalent.

Where is the new Millococha Oeste zone located relative to the Bethania mine?

The Millococha Oeste zone is located approximately 4 kilometers southwest of the Bethania mine within the company's concession package.
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