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Kuya Silver Corp C.KUYA

Alternate Symbol(s):  KUYAF

Kuya Silver Corporation is a Canada-based mining company with a focus on silver. The Company operates the Bethania silver mine in Peru, while developing district-scale silver projects in mining-friendly jurisdictions including Peru and Canada. The Bethania Silver project is located in Central Peru, in the northwestern part of Huancavelica Department, approximately 316 kilometers (km) by road from Lima. The project encompasses over 4500 hectares (ha) and includes both the Bethania Mine and Carmelitas property. The Company’s Silver Kings Project is located in the Cobalt district of northeastern Ontario, Canada. The Silver Kings Project encompasses the 100%-owned Kerr Assets (Kerr Project), the Remaining Assets and the Sunrise Claims totaling approximately 14,414 hectares in the Coleman, Gilles Limit, Lorrain, South Lorrain, Kittson, Barr, Klock, and Dane townships in north-eastern Ontario.


CSE:KUYA - Post by User

Bullboard Posts
Post by cigar1on Nov 20, 2018 8:00am
130 Views
Post# 28998451

Some follow-up notes from Mr. Tyson King - Many Thanks

Some follow-up notes from Mr. Tyson King - Many Thanks
 
1- On 03/09/2018 Miramont had $5.5 million on hand. How do we stand now?  AS OF APRIL 30th , 2018 FINANCIALS THE COMPANY HAD $4.29M. CURRENT CASH POSITION IS $3.6M
 
 
2- Is the Cerro Hermosa project easily accessible by roads & considering the climate can
     drilling be conducted year round?  CERRO HERMOSO IS EASILY ACCESSIBLE WITH DRILLING PLANNED YEAR ROUND.
 
 
3- Originally it was planned to drill between 3500 to 5000 metres with a phase 1 budget
     of $1.5 million. Is this still the plan for phase 1? WE'LL BE DRILLING 5000m IN PHASE 1. BUDGET FOR THIS PROGRAM IS $1.5M
 
 
4- Of the 4 zones at Cerro Hermosa which zone do you expect to drill 1st?
     Do note that 20 drill pad locations had been requested with the intention
     of drilling the 1st 3 zones but subsequently a 4th copper rich zone was
     located. 1st TARGET - STOCKWORK, 2nd - CENTRAL BRECCIA,  3rd CARBONATE REPLACEMENT
 
     Stockwork (gold/silver/copper) - Central Breccia (bulk tonnage gold)
     Carbonate Replacement (zinc/lead/silver) 
 
 
5- Will Miramont be using 1 drill rig and will operators be local or will drillers
     possibly be brought in? 1 DRILL RIG. THE COMPANY HAS CONTRACTED AK DRILLING, A PERUVIAN COMPANY WITH REGIONAL EXPERIENCE

Bullboard Posts