Exciting Drilling Results at Kuya Silver’s Silver Kings Project
Kuya Silver Corporation, a mineral exploration company, has recently announced the second batch of drilling results from its ongoing 2024 drill program at its Silver Kings Project, located in Ontario, Canada. The company’s focus in this phase of drilling has been on testing the extent of mineralization associated with the high-grade Angus-McNamara Vein System.
Significant Silver-Cobalt Intersections
Five out of the seven drillholes completed in this phase have intersected significant visible silver-cobalt mineralization. The most noteworthy intersection was recorded in hole 24-SK-23, where the company encountered an impressive 1,372 g/t silver over a length of 2.36 meters.
Expanding Mineralization
The Angus-McNamara Vein System continues to show potential for growth, as this latest round of drilling results indicates. The mineralized zone, which is now measured at 11.49 meters wide, has shown a grade of 353 g/t silver and 0.11% cobalt. These findings suggest that the known mineralization is expanding.
Impact on Kuya Silver and the Mining Industry
These impressive results could have a significant impact on Kuya Silver Corporation, as they indicate the potential for increased mineral resources and potential revenue. The silver market has been on the rise in recent years, and the addition of cobalt to the mineralization could make this discovery even more valuable, given the growing demand for cobalt in the battery industry.
Beyond Kuya Silver, this discovery could also impact the mining industry as a whole. With the continued push towards renewable energy sources and electric vehicles, the demand for battery metals, such as cobalt, is expected to increase significantly. Discoveries like the one at Silver Kings could lead to a surge in exploration and development of similar projects.
Conclusion
Kuya Silver Corporation’s latest drilling results from its Silver Kings Project in Ontario, Canada, have shown promising signs of expanding mineralization in the high-grade Angus-McNamara Vein System. With significant visible silver-cobalt mineralization discovered in five out of seven drillholes, the company is optimistic about the potential for increased mineral resources and revenue. These findings could also have a ripple effect on the mining industry, as the demand for battery metals, such as cobalt, continues to grow with the shift towards renewable energy sources.
- Kuya Silver Corporation announces second set of drilling results from 2024 program at Silver Kings Project
- Five out of seven drillholes intersected significant silver-cobalt mineralization
- Best intersection: 1,372 g/t silver over 2.36 meters in hole 24-SK-23
- Angus-McNamara Vein System mineralization expanding
- Potential for increased mineral resources and revenue for Kuya Silver
- Impact on mining industry as demand for battery metals grows
