Kuya Silver Launches Initial Bethania Drill Program
Kuya Silver Launches Initial Bethania Drill Program
Vancouver, BC, March 18, 2021 ‐ Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (Frankfurt: 6MR1)
(the “Company” or “Kuya”) is pleased to announce that it has commenced the Phase 1 drill program at
the Bethania Project, located in Central Peru. Kuya has planned to drill 5,000 metres in this Phase 1
program (see Figure 1 for drill plan). The first diamond drill is currently on site with two additional drill
rigs arriving in the coming weeks to complete the program.
This initial program will be split into two parts, approximately 4,000 metres are planned for the western
third of the property testing all seven veins that make up the historical resource (see the Independent
Technical Report on the Bethania Silver Project, dated August 29, 2019 and filed October 1, 2020 under
the Company’s profile at www.sedar.com). The assays and geotechnical measurements taken from this
portion of the drill program will be used to complete the underground mine production plan, including an
expansion from 100 tonnes per day to 350 tonnes per day. In addition, Kuya expects to complete a
National Instrument 43‐101 technical report, including a resource estimate on completion of the drill
program.
The remaining 1000 metres will target the Española 2 area in this initial phase to confirm the extent of
historical mining from the Española 2 adit, as well as testing other newly identified veins at surface that
may be related to this mineralization. This series of drill holes is to be located approximately 900 metres
east of the main adit and could substantially extend the strike length of the Bethania vein system.
Kuya’s President and CEO, David Stein stated, “Starting this very exciting drill program is a huge
accomplishment for Kuya’s team in Peru. Given the recent challenges with COVID‐19, our team’s ability
to assemble the logistics and expertise required for this program has been a significant undertaking. The
first phase of the drill program is just the beginning, designed to provide data that will allow us to confirm
and complete our underground mine plans as well as to begin to test the depth extension of the veins
below the mine workings. Upon completion of this first program, we would look to step out even further
along strike and at depth with our next phase of drilling. Internally, we have very aggressive resource
growth targets that we will strive to achieve over the coming year.”
Fig 1 Phase 1 Drill Program at the Bethania Project ‐ Drill Hole Plan Map
National Instrument 43‐101 Disclosure
The technical content of this news release has been reviewed and approved by Dr. Quinton Hennigh,
P.Geo., Chairman of Kuya and a Qualified Person as defined by National Instrument 43‐101.
About Kuya Silver Corporation
Kuya is a Canadian‐based silver‐focused mining company that owns the Bethania Project, which includes
the Bethania mine, located in Central Peru. The Bethania mine was in production until 2016, toll‐milling
its ore at various other concentrate plants in the region, the Company’s plan is to implement an expansion
and construct a concentrate plant at site before restarting operations. The Bethania mine produced silver‐
lead and zinc concentrates from the run of mine material, until being placed on care and maintenance
due to market conditions and lack of working capital.
For more information, please contact the Company at:
Kuya Silver Corporation
Telephone: (604) 398‐4493
www.kuyasilver.com
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that such information will prove accurate and, therefore, readers are advised to rely on their own
evaluation of such uncertainties. The Company does not assume any obligation to update any forward‐
looking information except as required under the applicable securities laws.
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