Kuya Silver talks Bethania mine work in Q3

Executive Summary

• Kuya Silver Corp. reported record concentrate sales and processing volumes for the Bethania mine in Q3 2025, despite a temporary production pause due to equipment failure.
• The company completed major infrastructure upgrades, including new air compressors and electrical generators, to support sustained growth and robust production.
• Senior management appointments were announced, including a new VP of Exploration and a Mine Superintendent, alongside plans for an investor webinar.

Key Details

• Q3 2025 Production & Sales:
  • Record tonnes processed: 1,841 tonnes.
  • Record silver sold: 16,983 ounces (21,435 oz silver equivalent).
  • Revenue composition: 79% from silver; remainder from byproducts (lead, zinc, gold).
  • Metallurgical recovery: Silver reached 91.6%; lead and zinc recoveries showed positive trends.
• Operational Updates & Infrastructure:
  • Pause: Production was paused for 4-6 weeks in mid-Q3 due to simultaneous malfunction of two air compressors.
  • Upgrades: Procured and installed a new compressor and state-of-the-art electrical generator. Older compressors now serve as backup.
  • Camp: Completed infrastructure enhancements to camp accommodations.
  • Resumption: Normal operations restarted in late September; daily mining rates in early October exceeded pre-shutdown levels.
  • Production Method: Transitioning from development material (adits/raises) to production stopes as of October, allowing for higher-volume, more efficient mineralized material extraction.
  • Capacity: Developed work areas capable of producing >100 tonnes per day.
  • Exploration: First of seven planned underground drill bays completed by mid-October.
• Management Appointments:
  • Osbaldo Zamora, PhD: Appointed Vice-President of Exploration. 25+ years experience; PhD in economic geology from University of Alberta; previously with Discovery Silver, Minera Adularia, Azucar Minerals, and Altiplano Minerals.
  • Gerardo Acuna: Appointed Mine Superintendent (Minera Toro de Plata S.A.C.). 16+ years experience; Qualified Person under NI 43-101; RPEQ registered; previously held senior roles in Peru, Colombia, and Ecuador.
• Quality Assurance:
  • Underground vein sampling conducted every 4 meters via channel excavation.
  • Stockpile sampling via trenching to determine dilution and head grade.
  • Samples pulverized on-site, quartered, and sent to Dmtri I. Mendelejeff laboratory in Huancayo for fire assay and AAS.
  • Results cross-checked against independent buyer analyses; secure transport protocols in place.

Notable Quotes

• David Stein, President and CEO: "With silver hitting all-time highs, and the company, in its strongest financial position since inception, now and over the coming months, it is the right time to make these investments to shore up reliable silver production at Bethania, lay the groundwork for potential expansions in the future and invest in expanding our resource base at the mine itself and the greater Bethania district."
• Christian Aramayo, Chief Operating Officer: "While we navigated a temporary production delay in the quarter, our team's response was exemplary. We turned a challenge into an opportunity by completing permanent upgrades to our core infrastructure, emerging with a more robust and efficient operation. The commencement of higher-productivity mining from our first production stopes at Bethania marks an important milestone for the mine, as we transition from development material to steady-state, higher-volume operations."