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Kuya Silver Reports Strong Q2 Production Growth with 87% Increase in Mineralized Material Mined
Newsfileยท 2025-07-15 11:00
Core Viewpoint - Kuya Silver Corporation reported significant operational advancements at the Bethania silver project during Q2 2025, highlighted by an 87% increase in mineralized material mined and ongoing efforts to ramp up production towards a target of 100 tonnes per day by Q3 2025 [1][2][3] Production Highlights - Mineralized material mined increased from 654.8 tonnes in Q1 2025 to 1,224.4 tonnes in Q2 2025, marking an 87% increase [4] - Development metres advanced significantly, with 262.9 metres achieved in Q2 2025 compared to 161.0 metres in Q1 2025 [4] - Average silver grades improved from 9.05 oz/t in Q1 to 10.73 oz/t in Q2, while lead grades rose from 2.60% to 3.64% [7] Operational Developments - The company is enhancing its operational infrastructure with the installation of pneumatic shovels and other critical equipment to support increased production rates [3][11] - As of early July, the Bethania mine had opened ten working faces, with four actively operating, which is essential for achieving the target production rate [11] Revenue Generation - Kuya Silver successfully shipped 1,761 wet tonnes of historical silver concentrate from the Silver Kings Project, generating provisional revenue of USD $1.18 million [14] - The average realized price for silver increased to $36.44/oz in Q2 2025, contributing to overall revenue growth [5] Community Engagement - The company initiated a road maintenance program covering 11.6 kilometers to ensure safe access for personnel and efficient transport of equipment [12]