Kuya Silver Reports Growing Silver Production at the Bethania Project in Q1 2026

Kuya Silver reported record Q1 2026 operational results at its Bethania silver project, achieving a sustained 100 tpd throughput in March/April and mining 3,076 tonnes in the quarter. The company expects to complete Phase 1 ramp-up to 350 tpd by year-end, backed by a ~$27M cash balance and a funded LOI to acquire the Camila processing plant to boost recoveries. Q1 silver recoveries rose to 79.2% (from 73.3% in Q4 2025) and silver accounted for 91% of revenue at an average realized price of $82/oz. Market impact: positive for Kuya Silver’s equity prospects and near-term silver production outlook; potential incremental silver supply is limited but operational improvements and the Camila plant could materially enhance company-level margins and free cash flow.