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.

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Kuya Silver Corp > Drilling announcement

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Comment by Marshallon May 04, 2021 8:07am

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Post# 33121860

RE:Drilling announcement

After reading the press release again, Kuya does own 100% of the Kerr assets and has the right to participate on the other properties under a number of conditons. So FCC must have been paid 1 million in cash and 3 million in Kuya shares.
So will Kuya elect to move forward on the other properties? The 6 month deadline is approaching.

Kuya will pay an additional $1 million in cash or shares within 6 months of the acquisition of the Kerr Assets should it elect to exercise an option to earn up to a 70% interest in First Cobalt's remaining Cobalt Camp assets (the "Remaining Assets")

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