Silver Mountain Resources Inc.

Silver Mountain Resources Inc. , is pleased to announce that it has completed its previously announced prospectus offering of units of the Company . The Offering was completed on a "best efforts" agency basis pursuant to an agency agreement dated April 18, 2024 among the Company and Eight Capital and SCP Resource Finance LP . Pursuant to the Offering, the Company has issued an aggregate of 87,638,928 Units at a price of [...]

Silver Mountain Resources Inc. , is pleased to announce that it has upsized its previously announced public offering of units to up to $9,000,035 from $7,502,000, at a price of $0.11 per Unit. If the Over-Allotment Option is exercised in full, the aggregate gross proceeds of the Offering will be approximately $10,350,040. Each Unit is comprised of one class A common share in the capital of the Company and one Common Share [...]

Silver Mountain Resources Inc. , is pleased to announce that it has entered into an agreement pursuant to which Eight Capital and SCP Resource Finance LP, as joint bookrunners and co-lead agents , will offer for sale up to 68,200,000 units of the Company on a best efforts basis , at an offering price of $0.11 per Unit, for aggregate gross proceeds of up to $7,502,000. The Offering will be conducted pursuant to an agency [...]

Silver Mountain Resources Inc. today announces that it has filed an independent technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects supporting the updated mineral resource estimate for its 100% owned Reliquias project in central Peru. The technical report entitled "NI 43-101 Technical Report: Mineral Resource Update, Reliquias Mine" dated March 8, 2024 and [...]

Silver Mountain Resources announces that it has approved a grant of stock options, pursuant to the terms of the Company's omnibus equity incentive plan, to certain directors, officers and employees of the Company. A total of 7,400,000 Stock Options have been approved for issuance to such directors, officers and efmployees. The Stock Options will be exercisable at an exercise price of $0.10 per share, for a period of four [...]

Key Highlights - Updated mineral resource estimate Silver-equivalent ounces in Measured and Indicated categories increased by 100% Silver-equivalent grade and tonnage in Measured and Indicated categories increased by 34% and 48%, respectively Updated mineral resource estimate positions Reliquas project for PEA completion in Q1 2024 Measured and Indicated resource estimate of 1.275 Mt @ 4.34 oz/t Ag, 0.42 g/t Au, 3.14% Zn [...]

TSX.V | AGMR OTCQB | AGMRF BVL | AGMR Key Highlights - Locked cycle tests Two high quality concentrates produced with high recoveries, a bulk concentrate, and a zinc concentrate Bulk concentrate recoveries of 88% Ag, 75% Au, 93% Pb and 91% Cu Bulk concentrate grades of 47.8 oz/t Ag, 3.75 g/t Au, 38.2% Pb and 7.2% Cu Zinc concentrate recovery of 84% Zn, grading 58.6% Zn Deleterious elements below penalty levels for both [...]

Experienced Mining Executives W. John DeCooman Jr. appointed to the Board and Gerardo Fernandez appointed as a Board advisor as the Company progresses towards the planned recommencement of operations at the Reliquias Mine in 2025 Jan. 24, 2024 /CNW/ - Silver Mountain Resources Inc. is pleased to announce that W. John DeCooman Jr. has been appointed as a director of the Company and Gerardo Fernandez has been appointed as a [...]

Silver Mountain Resources Inc. is pleased to update its shareholders on its planned activities for 2024 and provide a review of its key accomplishments in 2023, in this open letter to shareholders from Chief Executive Officer, Alvaro Espinoza. To our valued shareholders and stakeholders, We, at Silver Mountain Resources, are thrilled to provide an update on our upcoming milestones for 2024. Our goal is to establish Peru's [...]

Silver Mountain Resources Inc. is very pleased to announce the signing of a 20 year surface use agreement with the Community of Castovirreyna. This agreement fully covers the Reliquias Mine area and specifically allows the Company to carry out all surface exploration and mine development activities - including building tailings disposal facilities, concentrator plants, waste disposal faicilities and underground [...]