- Kuya Silver (KUYA) has reported surface sampling results from the Bethania Project
- Thanks to the new surface sampling, the company will be able to extend the strike length of the Bethania vein system and the vicinity of the historical Española 2 adit
- This part of the program contained 97 samples, 76 of which were taken from veins with the remaining 21 taken from altered or unmineralized host rock
- Upon mineralization, the vein zone samples reported anomalously high silver and lead and some anomalous gold
- Other program highlights include a newly identified vein called Santa Elena
- Shares of Kuya Silver rose 4 per cent to C$2.60 as of 12:27 p.m. EDT
Kuya Silver (KUYA, KUYAF) has reported surface sampling results from its Bethania Project located in Peru.
As a result of the new surface sampling, the company will be able to extend the strike length of the Bethania vein system in addition to the vicinity of the historical Española 2 adit.
This part of the program consisted of 97 rock chip samples, with 76 of the samples taken from veins and the remaining 21 taken from altered or unmineralized host rock.
"Kuya is very excited with this initial surface sampling program, which clearly indicates that the Bethania vein system continues along strike even further east than previously known," David Stein, president and CEO of Kuya, said in a realse. "The Santa Elena vein is particularly exceptional due to its high gold grades, something we have not seen to this extent in any other vein at Bethania. Kuya will use this information to help target future drilling and exploration along the strike extension of the Bethania mine."
Other highlights of the program include samples from the easternmost zone, which identified a newly identified vein at surface called the Santa Elena vein.
The vein runs 500 metres along strike of the eastern limit of the Española underground workings, with samples taken at 10 metre intervals along surface exposure of the vein system.
The seven samples, which were distributed along 60 metres in length, averaged 698 grams per tonne (g/t) of silver, 2.79 g/t of gold and 3.07 per cent lead.
Based in Vancouver, Kuya silver‐focused mining company that owns the Bethania Project, which includes the Bethania mine in Central Peru.
The Bethania mine produced until 2016, toll-milling its ore at a range of other concentrate plants in the region. The company intends to implement an expansion and build a concrete plant on site before restarting the mine's operations.
Historically, the Bethania mine has produced silver-lead and zinc concentrates from the run of mine material.
Shares of Kuya Silver rose 4 per cent to C$2.60 as of 12:27 p.m. EDT.