Kuya Silver Corp (KUYAF)

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Kuya Silver Intersects 12,200 g/t Silver, 0.17% Cobalt (12,264 g/t AgEq*) over 0.40 m on Angus Vein Drill Hole and Announces New Cobalt-Silver Rich Discovery in Step-Out Drilling at Airgiod Property, Silver Kings Project, Ontario
Newsfile Corp.
Mon, Jan 29, 2024, 7:29 AM EST17 min read

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Discovery Hole at Airgiod Intersected 249 g/t Silver, 1.64% Cobalt (863 g/t AgEq*) over 0.40 m within a wider zone grading 132 g/t silver, 0.35% cobalt (263 g/t AgEq*) over 1.88 m

Toronto, Ontario--(Newsfile Corp. - January 29, 2024) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to present the final assay results from a second diamond drilling program at the Campbell-Crawford and Airgiod target areas, Silver Kings Project, where grassroots drilling in March and April 2023 intersected a new high-grade silver and cobalt discovery. The final results of this second drill campaign, including holes 23-SK-27 to -31, are presented. Kuya Silver has identified several new highly-mineralized veins in this program, including a significant new grassroots drill intersection beneath the adjacent Airgiod property, and has tripled the potential size of the buried target zone area which remains open in all directions.

Highlights:

High-grade mineralized footprint expanded at the Campbell-Crawford target area

Hole 23-SK-31 intersected 12,200 g/t (392 oz/t) Ag, 0.17% Co (12,264 g/t AgEq*) over 0.40 m within a wider zone grading 1,799 g/t Ag, 0.03% Co (1,810 g/t AgEq*) over 3.20 m in the Angus Vein (Figure 1)

Kuya has now reported four clustered drilling intersections of >2,000 g/t silver (plus cobalt) on the Angus and Toms Veins (Figure 1, 2)

New blind discovery made at the Airgiod target area, 250 m northwest of original Angus Vein intersection

Hole 23-SK-30 intersected 249 g/t silver, 1.64% cobalt (863 g/t AgEq*) over 0.40 m, within a wider zone grading 132 g/t silver, 0.35% cobalt (263 g/t AgEq*) over 1.88 m, in a new NW-trending vein named the Moran Vein (Figure 1)

This is the first known drill hole in the Airgiod Property targeting the buried lower Nipissing Diabase contact. The new vein was intersected in an identical setting to the Angus Vein at the Campbell-Crawford target area

This 250 m step-out triples the tested extent of buried silver-cobalt mineralization between the neighbouring Campbell-Crawford and Airgiod properties

David Lewis, Vice President Exploration, commented: "We are extremely pleased with the results from our fall 2023 drill program at Silver Kings. At the Campbell-Crawford prospect, we expanded the area of high-grade vein mineralization, intersected a number of newly identified silver-cobalt veins, and gained a greater understanding of the potential deposit model. On the Airgiod property, we made a blind vein discovery by stepping out approximately 250 meters from the main Campbell-Crawford vein zone. This new Moran Vein reported our highest-grade cobalt assay to date, as well as silver, and appears to strike in a different orientation to the Clark Vein, which was trenched and mapped on surface."

https://finance.yahoo.com/news/kuya-silver-intersects-12-200-122900651.html