Kuya Silver Corporation has returned assay results from its preliminary reconnaissance sampling of historical mine stockpiles and tailings at the Silver Kings project in Northern Ontario. The program, which assessed seven areas of above-ground material, produced peak results from the Kerr Lake Mill stockpile, where a master composite sample assayed 168 g/t silver, 0.36% cobalt, and 0.6% copper.

The sampling initiative targeted material left by previous operators, with the company evaluating the potential to recover metals using modern processing techniques. In addition to the Kerr Lake results, tests on the Frontier mine tailings returned 75 g/t silver and 0.04% cobalt, while the Lawson blast stockpile yielded 0.18% cobalt.

The company noted that these preliminary findings are intended to characterize the materials for early-stage evaluation and do not represent a mineral resource or reserve. Kuya Silver is now preparing to move the project into more detailed technical phases.

“Given the strong demand for silver and cobalt, we have taken a methodical and low-cost approach to evaluating this potentially large above-ground source of metals available at the Silver Kings project.”

“We have been very encouraged by these early indications of silver and cobalt and combined with recently introduced Recovery of Minerals permit under the Ontario Mining Act we have a strong case to further advance the Silver Kings project.”

— David Stein, President and Chief Executive Officer

To support the next phase of development, the company plans to conduct metallurgical testing to determine the optimal processing flowsheet for the various stockpile and tailings materials. Additionally, Kuya Silver intends to proceed with a resource estimation, which will involve surveying the volumes of selected stockpiles to integrate with current assay and density data. Future public disclosure regarding these estimates will be provided in accordance with National Instrument 43-101 technical reporting standards.

Read the full announcement: Preliminary Sampling of Tailings and Stockpile Material at the Silver Kings Project Indicates Significant Silver and Cobalt Content