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Kuya Silver Initiates 2024 Silver Kings Exploration Program to Drill Priority Silver-Cobalt Targets and Expand 2023 Discoveries

In This Article:

Follow-up targets identified and ready for drilling at Campbell-Crawford, Airgiod and Frontier NW zones

Kuya Silver anticipating drilling at least 10,000 m in several campaigns commencing in Q3 2024

Toronto, Ontario--(Newsfile Corp. - June 24, 2024) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to provide an update the advancement of target areas, including Campbell-Crawford, Airgiod, and Frontier NW, from its wholly-owned Silver Kings Project, Ontario, Canada. These target areas are set for drilling and match well with Kuya Silver's vision of a reinvigorated hub-and-spoke mining model for this historic silver-cobalt mining camp.

Highlights:

Several target areas have been refined and are ready for drilling (Figure 1):

  • Campbell-Crawford

    • Expansion of vein cluster which includes the 2023 Angus Vein discovery. At least six silver-cobalt mineralized veins are currently traceable between drill holes, and with up to five veins intersected per hole

    • Follow-up targets include newly interpreted higher-grade mineralized shoot along the Angus Vein and similar nearby targets within the McNamara and Toms veins

  • Airgiod

    • Blind 2023 drilling intercepted the Moran Vein discovery. The Clark Vein, trenched on surface, remains untested at depth

    • Potential for continuity at depth along a 650+ m mineralized corridor between high-grade mineralization intersected at Campbell-Crawford property to southeast and Rix Athabasca property to northwest (29,800 g/t silver over 0.48m; Benner 1981)

    • Follow-up targets include the Moran Vein and untested Clark Vein at depth, Cyril Lake fault (and other interpreted faults), and targeting the trend of mineralization within this mineralized corridor

  • Frontier NW

    • Mineralized fault trenched in 2023, traceable for 400 m

    • High grade cobalt and nickel on surface - Three new tightly spaced, veins exposed, grading up to 23 g/t silver, 4.1% cobalt, 1.1% nickel over 1.74m

    • Follow-up targets include both NW-N fault contacts and identified surface vein plunge to depth, near the Nipissing Diabase contact

David Lewis, Kuya Silver's Vice President Exploration, commented: "Since our grassroots discovery of bonanza-grade silver on the Angus Vein at our Campbell-Crawford prospect in March 2023, we've been hard at work behind the scenes refining our exploration targets. The Campbell-Crawford and Airgiod targets remain our main focus in this upcoming program, but we are very pleased to see the development of other high-priority targets, such as Frontier NW, within our district-scale property package."