The Silver Kings Project is located in Northern Ontario’s most prolific silver mining camp, situated near the historic mining town of Cobalt, Ontario. The Project encompasses 16,000-hectare and it host to approximately 1/6 of total historic silver production from the Cobalt and Silver Centre mining camps was produced from this consolidated property (96 / 550MM oz).
The Kerr Project at Silver Kings is located within a 900-hectare land package that includes several historic silver mines: Crown Reserve, Kerr Lake, Lawson, Drummond, Conisil, Hargrave, Silver Leaf and Bailey. Between 1905-1970, these mines produced over 50 million ounces of silver and 900,000 pounds of cobalt. Although incredibly prolific, the deepest mine shaft of the package was less than 200 metres, providing an exceptional opportunity for deeper exploration. Also included in the Kerr Assets is the nearby Silverfields property, which was previously mined by Teck until 1983 to a depth of 300 metres and produced over 17 million ounces of silver, further demonstrating the depth potential to some mineralized systems.
Kuya Silver's Silver Kings Project area (satellite properties not shown in this map area) showing past-producing mines, historic workings and target areas.
Major historic silver mined properties in the Cobalt mining camp, Ontario. Kuya Silver’s mining property is shown in green (mining claims) and blue (mining patents and leases). Mining production presented in million ounces silver (MM Ag) from Sergiades, 1968.
Phase 1 Drilling:
In February 2023, Kuya completed a 3,500m drill program focused around the North Drummond target area at Kerr Lake. The program primarily focused on further delineation of mineralized vein clusters that were intersected in 2021 drilling. Two other target areas were tested in this program, including the Campbell-Crawford area, where silver-cobalt mineralization is known on surface and in a single adit, but with significant potential at depth below the workings. Results from the Q1 campaign were highlighted by the discovery of the Angus Vein at Campbell Crawford that included 15,372 g/t Ag over 3.24m in 23-SK-08 and 2,424 g/t Ag over 2.49m in 23-SK-13.
Phase 2 Drilling:
In Q4 2023, Kuya commenced the next phase of drilling in the Campbell-Crawford area where the company focused on testing the extent of the Angus Vein discovery and commenced drill testing of nearby surface targets. Results from the compaign were highlighted by an expanding high-grade footprint at Campbell-Crawford target where the company announced 12,200 g/t Ag over 0.40 m in Hole 23-SK-31 at the Angus Vein and 2,180 g/t Ag over 0.40m in the newly-defined Tom Vein in 23-SK-26.
The Company also announced the discovery of the Moran Vein, a new blind discovery made at the Airgiod target area, 250 m northwest of original Angus Vein intersection. 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.
Plan map of 2023 drill holes at Campbell-Crawford and Airgiod properties showing mineralized intersections and projected veins.