Kuya Silver Corporation provided an update of recent work being performed at the Silver Kings project in Northern Ontario, Canada. Given the large number of historic workings on Kuya Silver’s expansive 13,000+ ha land package in the Cobalt silver mining district, the Company has been reviewing and studying potentially mineralized above-ground material including historic mine stockpiles and tailings storage for their potential reprocessing to recover silver and other metals such as cobalt. The initial results validate the potential for hidden value contained in historical above-ground materials at Silver Kings. By applying modern evaluation and processing techniques to these materials, Kuya Silver sees an opportunity, with further study, to delineate and potentially recover significant silver and cobalt mineralization in a robust commodity price environment.
Highlights
- Kerr Lake Mill stockpile of crushed material returned the highest silver and cobalt grades with the master composite sample from 3 subsamples reporting 168 g/t silver and 0.36% cobalt (276 g/t silver equivalent*)
- Two historical tailings storage areas were tested with the highest grades from the Frontier mine reporting 75 g/t silver and 0.04% cobalt (86 g/t silver equivalent*) in a master composite sample from 5 subsamples.
- Of the coarser blast stockpiles Silverfields reported the highest silver grades at 62 g/t in a master composite from 8 subsamples, and Lawson reported the highest cobalt grades at 0.18% in a master composite from 5 subsamples.
- Results are from preliminary reconnaissance sampling and are not representative of an entire stockpile or tailings facility
- Kuya Silver plans to advance the Silver Kings project through additional sampling, metallurgical testing, and resource estimation
Summary Table of Results
| Description | No. Sub-samples | Ag range (g/t) | Master3 Ag composite (g/t) | Co range (%) | Master3 Co composite (%) | Master Ag equivalent1 (g/t) | |
| Frontier | Tailings | 5 | 53 – 98 | 75 | 0.036 – 0.051 | 0.037 | 86 |
| Canadaka | Tailings | 12 | 28 – 110 | 47 | 0.009 – 0.024 | 0.010 | 50 |
| Kerr Lake Mill2 | Crushed material | 3 | 154 -259 | 168 | 0.26 – 0.43 | 0.365 | 276 |
| Silverfields | Blast material | 8 | 2.4 – 134 | 62 | 0.006 – 0.075 | 0.019 | 68 |
| Lawson | Blast material | 5 | 3.3 – 21 | 29 | 0.011 – 1.23 | 0.184 | 84 |
| Hargrave | Blast material | 6 | 0.9 – 118 | 44 | 0.005 – 0.20 | 0.028 | 53 |
| Keeley #3 | Blast material | 12 | 2.7 – 28 | 12 | 0.005 – 0.10 | 0.028 | 19 |
Notes:
1Silver equivalent calculation is based on spot prices on July 23, 2026: silver price USD$58.00 per ounce, cobalt USD$55,380 per tonne; calculations do not incorporate metallurgical recoveries.
2Also contained 0.6% copper
3Master composite samples include material from all subsamples in the group, assayed independent of the subsamples. Therefore, the master composite is not expected to equal the arithmetic mean of the individual subsamples and in certain cases the results can fall outside the range of the subsamples used for the master composite sample.
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