Kuya Silver - Bethania Silver Project: Production Ramp-Up & Exploration Updates
David Stein, President & CEO, joins me for a big-picture overview of the company’s ongoing production ramp-up at the Bethania Project in Peru and exploration progress at the Silver Kings Project in Ontario.
Production at Bethania is steadily increasing, with a target of 350 tons per day this year. David provides insights into the step-by-step strategy, including how toll milling is enabling operations now and how the company plans to transition to its own plant to support future expansion. He also discusses how the company is positioning for long-term growth, with the potential to expand the mine and develop a larger silver district in Peru.
With silver prices currently above $34 per ounce, Kuya Silver is very leveraged to the price, with 80% of its revenue tied directly to silver. David explains how higher silver prices could accelerate cash flow, support expansion, and drive a revaluation of the company’s stock price.
On the exploration front, Kuya Silver is advancing the Silver Kings Project in Ontario, where recent drill results from January announced more high grade results. David shares what’s next for this project and when investors can expect further results from the latest drilling campaign.
We also touch on the company’s $2.5 million financing, how these funds will be used to accelerate the production ramp-up, and what investors should expect in terms of upcoming news flow, including production updates and quarterly reporting.
If you have any follow up questions for David please email me at Fleck@kereport.com.
