Frontier (US:ULCC) Newsfileยท2024-11-21 12:30Core Insights - Kuya Silver Corporation has confirmed a new mineralized discovery on the Hammerstrom Fault within the Frontier NW Zone of the Silver Kings Project in Ontario, highlighting significant cobalt, nickel, and silver grades [2][4][5]. Drilling Results - Drilling results from the Hammerstrom fault vein showed 6.5% cobalt, 1.3% nickel, and 29 g/t silver (1833 g/t AgEq) over a width of 0.40 m, within a broader mineralized zone of 863 g/t AgEq over 0.86 m [2][4][5]. - The new discovery is the widest and highest-grade cobalt and nickel vein drilled by Kuya Silver to date, located approximately 20 km from the Kerr Lake mill site [2][4][5]. Geological Context - The Hammerstrom fault has been targeted in previous drilling campaigns, with historic cobalt grades ranging from 0.01% to 0.46% [2][5]. - Recent surface work has revealed high-grade cobalt-nickel veins associated with silver mineralization, indicating potential for further mineralization along the trend and at depth [2][5]. Future Exploration Plans - The company considers the Hammerstrom fault a high-priority target for follow-up work, with mineralization likely traceable for at least 250 m along the structure [5][6]. - A second mineralized vein, named the McIlwaine vein, was also identified, located 180 m northeast of the Hammerstrom fault, suggesting potential convergence at depth [5][6]. Technical Details - The drilling program included multiple drill holes targeting high-grade mineralized shoots, with significant results consistent with surface trenching assays [8][9]. - The current drilling campaign has returned assays for several holes, with additional results pending for others [15]. Company Overview - Kuya Silver Corporation is a Canadian-based mining company focused on silver, operating the Bethania silver mine in Peru and developing district-scale silver projects in mining-friendly jurisdictions [20].