Kuya Silver Reports Strong Q2 Production Growth with 87% Increase in Mineralized Material Mined
Kuya Silver (OTCQB:KUYAF) reported significant operational progress at its Bethania silver mine in Q2 2025, with an 87% increase in mineralized material mined to 1,224.4 tonnes. The company achieved notable improvements in ore quality, with average silver grades rising to 10.73 oz/t from 9.05 oz/t in Q1, and lead grades increasing to 3.64% from 2.60%.
Development metrics showed strong advancement with a 63% increase in development metres. The company has established 10 operational faces as of early July, positioning it to achieve its target of 100 tonnes per day by Q3 2025. While Q2 saw no mineral processing due to toll mill availability, operations resumed in July. Additionally, Kuya completed a significant one-time sale of historical silver concentrate from its Silver Kings Project, generating provisional revenue of USD $1.18 million.
Kuya Silver (OTCQB:KUYAF) ha riportato significativi progressi operativi nella sua miniera d'argento di Bethania nel secondo trimestre del 2025, con un aumento dell'87% del materiale mineralizzato estratto che ha raggiunto 1.224,4 tonnellate. L'azienda ha ottenuto miglioramenti notevoli nella qualità del minerale, con una media di argento salita a 10,73 oz/t rispetto a 9,05 oz/t nel primo trimestre, e un incremento del piombo a 3,64% da 2,60%.
I parametri di sviluppo hanno mostrato un forte progresso con un aumento del 63% nei metri di sviluppo. A inizio luglio, la società ha stabilito 10 fronti operativi, posizionandosi per raggiungere l'obiettivo di 100 tonnellate al giorno entro il terzo trimestre del 2025. Sebbene nel secondo trimestre non ci sia stata lavorazione del minerale a causa della disponibilità del mulino a pedaggio, le operazioni sono riprese a luglio. Inoltre, Kuya ha completato una significativa vendita una tantum di concentrato d'argento storico dal suo progetto Silver Kings, generando un ricavo provvisorio di 1,18 milioni di dollari USA.
Kuya Silver (OTCQB:KUYAF) informó avances operativos significativos en su mina de plata Bethania durante el segundo trimestre de 2025, con un aumento del 87% en el material mineralizado extraído alcanzando 1,224.4 toneladas. La compañía logró mejoras notables en la calidad del mineral, con un promedio de plata que subió a 10.73 oz/t desde 9.05 oz/t en el primer trimestre, y un incremento en los grados de plomo a 3.64% desde 2.60%.
Las métricas de desarrollo mostraron un fuerte avance con un aumento del 63% en metros de desarrollo. La empresa estableció 10 frentes operativos a principios de julio, posicionándose para alcanzar su objetivo de 100 toneladas por día para el tercer trimestre de 2025. Aunque en el segundo trimestre no hubo procesamiento de mineral debido a la disponibilidad del molino por peaje, las operaciones se reanudaron en julio. Además, Kuya completó una venta única significativa de concentrado histórico de plata de su Proyecto Silver Kings, generando ingresos provisionales de 1.18 millones de dólares estadounidenses.
Kuya Silver (OTCQB:KUYAF)는 2025년 2분기에 베타니아 은광에서 상당한 운영 진전을 보고했으며, 채굴된 광물 자원량이 87% 증가하여 1,224.4톤에 달했습니다. 회사는 광석 품질에서도 눈에 띄는 개선을 이루었으며, 은 함량 평균은 1분기 9.05 oz/t에서 10.73 oz/t으로 상승했고, 납 함량도 2.60%에서 3.64%로 증가했습니다.
개발 지표는 개발 미터수가 63% 증가하며 강한 진전을 보였습니다. 7월 초 현재 10개의 운영면을 확보하여 2025년 3분기까지 일일 100톤 목표 달성에 유리한 위치를 차지했습니다. 2분기에는 톨 밀 가용성 문제로 광물 처리 작업이 없었으나 7월에 작업이 재개되었습니다. 또한 Kuya는 Silver Kings 프로젝트에서 역사적인 은 정광을 일회성으로 대규모 판매하여 임시 수익 미화 118만 달러를 창출했습니다.
Kuya Silver (OTCQB:KUYAF) a annoncé des progrès opérationnels significatifs à sa mine d'argent de Bethania au deuxième trimestre 2025, avec une augmentation de 87 % du matériau minéralisé extrait atteignant 1 224,4 tonnes. La société a réalisé des améliorations notables de la qualité du minerai, avec une teneur moyenne en argent passant de 9,05 oz/t au premier trimestre à 10,73 oz/t, et une teneur en plomb augmentant de 2,60 % à 3,64 %.
Les indicateurs de développement ont montré une forte progression avec une augmentation de 63 % des mètres de développement. La société a établi 10 fronts opérationnels début juillet, se positionnant pour atteindre son objectif de 100 tonnes par jour d'ici le troisième trimestre 2025. Bien qu'aucun traitement de minerai n'ait eu lieu au deuxième trimestre en raison de la disponibilité du moulin à péage, les opérations ont repris en juillet. Par ailleurs, Kuya a réalisé une vente ponctuelle importante de concentré d'argent historique provenant de son projet Silver Kings, générant un revenu provisoire de 1,18 million de dollars US.
Kuya Silver (OTCQB:KUYAF) meldete im zweiten Quartal 2025 bedeutende operative Fortschritte in seiner Silbermine Bethania mit einem 87%igen Anstieg des abgebauten mineralisierten Materials auf 1.224,4 Tonnen. Das Unternehmen erzielte bemerkenswerte Verbesserungen bei der Erzqualität, wobei der durchschnittliche Silbergehalt von 9,05 oz/t im ersten Quartal auf 10,73 oz/t anstieg und der Bleigehalt von 2,60% auf 3,64% zunahm.
Die Entwicklungskennzahlen zeigten mit einem 63%igen Anstieg der Entwicklungslänge starke Fortschritte. Das Unternehmen hat Anfang Juli 10 betriebliche Abbauebenen eingerichtet und ist damit gut positioniert, um bis zum dritten Quartal 2025 das Ziel von 100 Tonnen pro Tag zu erreichen. Im zweiten Quartal fand aufgrund der Verfügbarkeit der Mühle keine Mineralverarbeitung statt, die Aktivitäten wurden jedoch im Juli wieder aufgenommen. Zusätzlich schloss Kuya einen bedeutenden einmaligen Verkauf von historischem Silberkonzentrat aus seinem Silver Kings Projekt ab, wodurch vorläufige Einnahmen von 1,18 Millionen USD erzielt wurden.
- None.
- No mineral processing in Q2 due to toll mill availability constraints
- June production impacted by temporary shortage of pneumatic shovels
- Additional infrastructure and staffing still needed to achieve consistent daily production
Kuya Silver to Host Live Webinar July 17th Featuring Q2 Operational Update from Bethania Project
Toronto, Ontario--(Newsfile Corp. - July 15, 2025) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to provide an update on operational activities at the Bethania silver project during Q2 2025. The Bethania silver mine was restarted in 2024 and is currently ramping up production.
Production of mineralized material continued to increase over Q2 2025 with production from underground almost doubling over the quarter (+
Christian Aramayo, Kuya Silver Chief Operating Officer, stated, "During the second quarter we achieved significant milestones at Bethania, notably almost doubling mineralized material mined and accelerating development metres, despite the inherent fluctuations of a ramp-up phase. We are confidently on track to achieve our initial short-term goal of 100 tonnes per day by Q3 2025, having developed sufficient working faces (10 operational faces as of early July, with nine required for 100 tpd) and we are actively working to complete the infrastructure and staffing to convert this development into consistent daily production."
To support the increased production rates, Kuya Silver is bolstering its operational infrastructure with pneumatic shovels planned for installation later this month, as June production was impacted by a temporary shortage of available shovels. However, these critical pieces of equipment have now been secured, including the recent installation of two trailing winches, a larger air compressor, and a bigger power generator. These essential additions will significantly enhance efficiency and facilitate further underground development as we ramp up operations.
| Production Highlights | Unit | 2024(1) | Q1 2025 | Q2 2025 |
| Mineralized material, mined | tonnes | 528.4 | 654.8 | 1,224.4 |
| Mineralized material, processed | tonnes | 767.0 | 871.8 | - |
| Meters advanced | m | 111.1 | 161.0 | 262.9 |
| Development | tonnes | 558.0 | 1,929.6 | 1,773.6 |
| Average head grades | ||||
| Silver | oz/t | 6.93 | 9.05 | 10.73 |
| Lead | % | 2.45 | 2.60 | 3.64 |
| Zinc Silver Equivalent(2) Silver Equivalent(2) | % oz/t g/t | 1.70 10.31 320.6 | 2.23 12.39 385.3 | 2.52 14.89 463.2 |
| Average recoveries (3) | ||||
| Silver | % | 84.76 | 90.94 | - |
| Lead | % | 80.61 | 87.40 | - |
| Zinc | % | 25.63 | 55.40 | - |
| Metal processed | ||||
| Silver | oz | 5,177.32 | 7,445.25 | - |
| Lead | tonnes | 18.32 | 21.41 | - |
| Zinc | tonnes | 12.72 | 18.37 | - |
| Concentrates sold (wet) | ||||
| Silver Specialty (Silver Kings Project) Silver-Lead | tonnes tonnes | 37.93 | 38.79 | 1799.88 - |
| Zinc | tonnes | 13.43 | 29.30 | - |
| Metal sold | ||||
| Silver | oz | 4,248.11 | 6,759.83 | 58,078 |
| Gold | oz | 2.44 | 2.28 | - |
| Lead | tonnes | 14.88 | 18.40 | - |
| Zinc Silver equivalent (2) Percent silver production | tonnes oz | 4.34 5,904.15 | 10.38 8,887.57 | - 58,078 |
| % | 72 | 76 | 100 | |
| Average realized price (4) | ||||
| Silver | $/oz | 31.34 | 32.65 | 36.44 |
| Gold | $/oz | 2,680.78 | 3,017.00 | - |
| Lead | $/tonne | 1,915.28 | 1,983.58 | - |
| Zinc | $/tonne | 2,718.00 | 2,773.23 | - |
| Total revenue USD (4) | $ Thousands | 150 | 229 | 1,150 |
Table 1: Production highlights from the Bethania silver mine (1) production from May 21, 2024 to December 31, 2024 | ||||
Improving Ore Quality Drives Stronger Q2 Performance
Notably, Q2 2025 saw a marked improvement in average head grades, as execution of the mine plan allows for increasing quality of the Bethania mineralized material. Average silver grades rose from 9.05 oz/t in Q1 to 10.73 oz/t in Q2. Similarly, lead grades increased from
Development Progress Readies Bethania for Next Jump in Underground Production
During the second quarter Kuya Silver continued its strategic focus on underground development while maintaining planned daily production growth. Production is planned for the three primary vein systems (Española, 12 de Mayo, Victoria) as well as other mineralized structures over the coming years. At present, sufficient material has been developed to ramp up to our initial short-term goal of 100 tpd exclusively from the Española vein solely from the 640 (current) mining level.
Figure 1: Development metres by month at the Bethania silver mine
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5945/258841_kuyafig1.jpg
Given the mining method (ascending cut and fill), it is important to note that a portion of the development activities occur in mineralized material and therefore these double as productive working faces in addition to the more traditional mining stope. Over the long term, mining stopes will produce the majority of the mineralized material from the mine however have in the early stages of development (ramp-up) there is a large proportion of productive development faces in the plan, required to prepare new stopes and expand the mine workings for future production.
We are pleased that as of the first week of July, the Bethania mine had opened ten different working faces. A minimum of nine working faces is required to produce 100 tpd. Four of those working faces are actively operating, while the remainder are prepared and ready to be added to daily production totals over the next two months as the materials handling infrastructure is expanded. Some of the tasks to be completed in the near term are installation of an additional pneumatic shovel, ventilation expansion, additional hiring, and the development of a new underground storage area on the 640 level.
Beyond direct operational advancements, Kuya Silver also prioritizes its commitment to the local community as well as efficient and safe site access. As part of this commitment, we initiated an important road maintenance program on July 7th, covering a total of 11.6 kilometers. To date, 2.2 kilometers of this project has already been completed. Maintaining access roads is vital for the safety of our personnel, the efficient transport of equipment and materials, and ensuring seamless logistics for the ongoing ramp-up of the Bethania mine.
Figure 2: Plan view of Bethania mine, 640 level, north section (Española vein system) showing working faces in production and prepared for future production.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5945/258841_cfc12698e45feb44_002full.jpg
Historical Silver Concentrate from Silver Kings Project
Kuya Silver identified several piles of historical silver concentrate at the Silver Kings Project and undertook a process to market this resource, successfully shipping the concentrate for sale in Q2 2025. Due to the unique chemistry in the Cobalt camp, this concentrate is unconventional and there is no benchmark for this product. Based on what is known about the history of the Cobalt mining camp properties, the primary product would have been silver doré produced from gravity separation of coarse native silver and this concentrate would be a secondary product. Kuya Silver ran a marketing process and established interest from multiple parties. While in the short-term this sale was a one-off event, beyond the immediate impact of this cash flow, Kuya Silver has importantly established a process to further optimize potential income from any future mining operations at the Silver Kings project by proving that concentrate from this camp can be a value by-product or co-product. A total of 1761 wet tonnes of silver concentrate were shipped generating provisional revenue of USD
Upcoming Webinar
Join Kuya Silver CEO, David Stein, for a live investor webinar taking place on Thursday July 17th at 12pm ET / 9am PT. During the event, David will provide the latest update from Bethania Silver Project including an in-depth overview of operational activities during Q2 2025. A live Q&A will follow the presentation.
Register: https://6ix.com/event/kuya-silver-bethania-update
Quality Assurance and Quality Control
Quality assurance and quality control include two sampling procedures. Underground vein material from stopes are sampled to confirm vein grades and to reconcile against the mine model; and sampling of freshly mined material in stockpiles to determine dilution and the head grade that is sent to the processing plant.
Underground vein sampling was conducted systematically every 4 meters along the galleries. This involved excavating a narrow and continuous channel either parallel to the vein or perpendicular to its orientation. The entire volume of material excavated from the channel was collected as a sample.
Freshly mined material in the stockpiles and concentrate stockpiles were sampled using trenching, a method involving the excavation of narrow trenches perpendicular to the major axis of the pile. Trenches were systematically dug at regular intervals across all depths of the pile. The location of each trench was referenced to a topographic control point and recorded in the sampling log.
All material was carefully collected on plastic sheets, then pulverized at the mine site. The pulverized material was quartered, and one quarter was labeled and secured in vinyl sample bags. The samples were then transported to Dmtri I. Mendelejeff laboratory in Huancayo for processing using fire assay followed by atomic absorption spectroscopy (AAS).
All concentrate assay results are cross-checked against independent analyses conducted by the buyer. Furthermore, sample security protocols include sealed trucks for transporting run-of-mine (ROM) material and concentrate trucks with tamper-proof devices with safety seals, and a documented custody chain overseen by the mine superintendent (Bethania) or senior technician (Silver Kings). Concentrate from the Silver Kings Project was sampled during loading, and assayed at AGAT Laboratories in Calgary, Alberta, by Sodium Peroxide Fusion.
National Instrument 43-101 Disclosure
The technical content of this news release relating to the Bethania Project has been reviewed and approved by Mr. Kevin J. O'Connell, P.E., Independent Technical Advisor to of Kuya Silver and a Qualified Person as defined by National Instrument 43-101. The technical content of this news release relating to the Silver Kings Project 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 mineral exploration and development company with a focus on acquiring, exploring, and advancing precious metals assets in 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258841
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