Kuya Silver at Mining Forum Americas 2026: ramp-up and growth

On September 30, 2026, Kuya Silver Corporation (KUYA) utilized Mining Forum Americas 2026 to present its growth plan, centered around its Bethania silver mine in Peru. The company reported a strong financial position with no debt, $30 million in cash, and a current enterprise value of approximately $65 million. CEO David stated that Kuya Silver is among the top silver producers in terms of revenue percentage, with 90% of revenue derived from silver.

The Bethania mine is permitted for 350 tons per day, while the Camila mill is being expanded to 250 tons per day. A 20,000-meter drilling program has commenced, marking the first significant campaign at Bethania in five years. Management emphasized that the company is building for long-term growth without positioning itself for a quick sale.

The company is fully financed for its near-term growth plans and does not require additional capital. With silver accounting for 90% of revenue, management indicated that margins could be "very, very expansive" once production reaches 1 million ounces annually. The company's long-term plan, known as the 100/100 Plan, aims for 100 million ounces of silver resources and CAD $100 million in annual EBITDA or cash flow.

Kuya Silver is actively drilling 20,000 meters at Bethania, with the first major drilling campaign underway. The program includes both underground and surface drilling, with underground efforts targeting depth extension and the Hilltop Zone. Surface drilling will commence with the Carmelitas Main, Mi Cococha Oeste, and Tito targets.

Management highlighted that the company's land control is incomplete west of Bethania, with three blocks held by Fresnillo and one by Henan Min.