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Kuya Silver - High-Grade Drill Results at Umm Hadid and Production News Flow at Bethania

The KE Report Sep 4, 2026 10:20

Summary

Kuya Silver reported high-grade silver drill results from the Umm Hadid joint venture in Saudi Arabia, including vein hits up to 3,779 g/t silver.

Hole 4 hit 3,779 g/t silver inside a 26 m halo at 78 g/t; Hole 6 returned 3,600 g/t silver inside 9 m at 137 g/t.

Three contiguous vein targets at Umm Hadid trace a 4.5 km by 2.5 km swarm; the ongoing 10,000 m program is meant to underpin a first resource calculation.

Kuya holds a 5% carried interest with the right to lift to 45% by April next year on dollar-for-dollar reimbursement of the senior partner's prior spend.

Flagship Bethania mine in Peru should generate five or six news updates by year-end, including Q3 production, the Carmelita plant close, and ongoing drill results.