Toronto, Ontario--(Newsfile Corp. - November 21, 2025) - Kuya Silver Corporation (CSE: KUYA) (OTCQB: KUYAF) (FSE: 6MR1) (the "Company" or "Kuya Silver") is pleased to announce financial and operating results for the three and nine months ended September 30, 2025. The third quarter marked another period of meaningful progress at the Bethania Silver Project in Peru, highlighted by record tonnes processed, significant upgrades to infrastructure, and a strengthened balance sheet following a successful Q3 financing.

Production Ramp-Up at Bethania Mine

The Company is currently achieving a consistent average throughput of approximately 90 tonnes per day (tpd), comprised of a blend of freshly-mined mineralized material and lower grade mineralized stockpile material. Most notably, the mining team has successfully validated the mine's higher-capacity potential, achieving a single-day mining record, earlier in November, of approximately 102.5 tonnes of mineralized material from the underground mine.

To continue this positive momentum in Q4 2025 and beyond, Kuya Silver has purchased additional mining equipment which is currently pending delivery and is expanding its workforce. These investments are designed to stabilize underground production at higher rates in the coming months.

Q3 2025 Highlights

Record concentrate sales from the Bethania mine: Kuya Silver processed 1,841 tonnes at the toll milling facility during the quarter-Bethania's strongest performance to date-resulting in the sale of 16,983 ounces of silver as processing caught up from the previous quarter.

Mine development supports initial 100 tpd production target: Recent underground development on the 640 level of the Española vein system advanced substantially, with sufficient working faces complete to support output above 100 tonnes per day.

Major Improvements to mine infrastructure: Key improvements included 11.6 kilometres of road maintenance, reinforcement of underground supports, installation of a new compressor and higher-capacity generator, and upgrades to camp accommodations-strengthening long-term operational reliability.

Q3 financing strengthened balance sheet and supports ramp-up: The Company completed a $6.57 million (CAD $9.07 million) private placement during the quarter, increasing cash to $6.63 million and net working capital to $6.30 million as at September 30, 2025, providing ample liquidity to advance the Bethania ramp-up.

Revenue Generation: The Company generated $2.16 million in revenue from the sale of concentrate from Silver Kings and the Bethania Silver Project during the nine-month period.

Christian Aramayo, Kuya Silver's Chief Operating Officer remarked, "We successfully executed the necessary operational upgrades in Q3 to clear the path for growth. The recent record of 102.5 tonnes of fresh mineralized material mined in a single day is the clearest indicator yet of the Bethania mine's inherent capacity. Our team is now moving rapidly to integrate the new equipment and new staff to secure a minimum 100-tpd baseline for our operations."

Operational Results

Bethania Silver Project (Peru)

Reconditioning and mine development advanced significantly throughout the nine months ended September 30, 2025, with activity concentrated on the 640 level of the Española vein system. By quarter-end, the Company had completed sufficient planned operating faces to establish the underground access required to support mining rates above 100 tonnes per day. This capacity was validated subsequent to the quarter end, when the mine achieved a single-day underground production record of 102.5 tonnes of fresh mineralized material.

Year-to-date, the mine has produced 2,296 tonnes of mineralized material, including 417 tonnes in Q3. The reduced mining rate during the quarter reflects a temporary pause while the Company completed infrastructure upgrades. During this period, Kuya Silver completed 11.6 kilometres of road maintenance, reinforced key underground supports, installed a new compressor and an upgraded electrical generator, and improved camp accommodations. Underground operations resumed in late September, with production continuing to increase through October and November. Subsequent to the end of Q3, additional development has been completed to prepare seven drilling chambers for underground diamond drilling.

Kuya Silver delivered its strongest processing performance from the Bethania Project to date in Q3 2025 as the toll mill processed 1,841 tonnes of mineralized material, resulting in the sale of 16,983 ounces of silver. This performance marks a significant step toward consistent production.

Production has continued to ramp-up during October and November. For the past two weeks, the mine has sustained production of 90 tonnes per day by combining fresh underground material with lower-grade stockpiled material. Given the significantly higher silver prices, the Company expects that it should be economically feasible to process low-grade stockpiled material, given the Company's experience processing this same material in late 2024. By adding stockpiled material to our current production scheme, it allows production crews to focus on additional development to continue the ramp-up underground over the coming months.

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