Silver Mountain Resources Inc.

Key Highlights - Underground diamond drilling at Reliquias Drill Hole SMR169-23-PAS 2.55 m @ 492 g/t Ag, 1.05% Pb, 2.38% Zn, 0.09% Cu and 2.06 g/t Au, including 0.20 m @ 2,558 g/t Ag, 6.37% Pb, 16.49% Zn, 0.41% Cu and 18.61 g/t Au Drill Hole SMR153-23-SCS 1.60 m @ 33 g/t Ag, 2.74% Pb, 7.02% Zn, 0.51% Cu and 0.04 g/t Au, including o 0.35 m @ 77 g/t Ag, 8.37% Pb, 21.53% Zn, 1.03% Cu and 0.09 g/t Au Drill Hole SMR166-23-VUL [...]

Silver Mountain Resources Inc. is pleased to announce that, further to its previous press release dated October 12, 2023, it has closed the initial tranche of an over-subscribed non-brokered private placement of 62,190,000 units of the Company , at a price of USD$0.05 per Unit, for aggregate gross proceeds of USD$3,109,500 . The Company today issued an aggregate of 58,696,550 Units and the balance of 3,493,450 Units are [...]

Silver Mountain Resources Inc. is pleased to announce the completion of the Reliquias mine geotechnical study and to provide an update on its activities at its 100% owned Reliquias mine, Central Peru. Since early 2023, the Company has established a two-pronged strategy to advance the mine rehabilitation and engineering needed towards restarting operations at the Reliquias mine, based on the current mineral resource [...]

Key Highlights - Channel sampling at Reliquias - weighted averages MTC vein : 130m with average vein width of 0.73m @ 553 g/t Ag, 1.27% Pb, 1.37 % Zn, 0.23 % Cu and 0.83 g/t Au PAS vein : 84m with average vein width of 0.86m @ 214 g/t Ag, 0.78% Pb, 1.56% Zn, 0.06% Cu and 1.51 g/t Au BEA vein : 23m with average vein width of 0.37m @ 727 g/t Ag, 1.35% Pb, 1.21% Zn, 0.24% Cu and 0.33 g/t Au [...]

TORONTO, Oct. 12, 2023 /CNW/ - Silver Mountain Resources Inc. is pleased to announce that it intends to complete a non-brokered private placement of up to 60,000,000 units of the Company , at a price of USD$0.05 per Unit, for aggregate gross proceeds of up to USD$3,000,000 . Each Unit will be comprised of one class A common share in the capital of the Company and one-half of one Common Share purchase warrant . Each [...]

Key Highlights - Channel sampling at Reliquias Drill Hole SMR152-23-PER 1.15 m @ 454 g/t Ag, 0.70% Pb, 1.41% Zn, 0.03% Cu and 2.32 g/t Au, including 0.30 m @ 1,600 g/t Ag, 2.55% Pb, 5.08% Zn, 0.10% Cu and 8.00 g/t Au Drill Hole SMR154-23-PER 1.15 m @ 354 g/t Ag, 1.56% Pb, 2.82% Zn, 0.13% Cu and 1.10 g/t Au, including 0.25 m @ 1,151 g/t Ag, 4.11% Pb, 3.76% Zn, 0.27% Cu and 3.24 g/t Au Drill Hole SMR151-23-VUL 1.25 m @ 105 [...]

Key Highlights - Infill and resource expansion drilling at Reliquias Drill Hole SMR136-23-SCS 1.45 m @ 205 g/t Ag, 4.06% Pb, 8.20% Zn, 0.26% Cu and 0.81 g/t Au, including 0.85 m @ 331 g/t Ag, 6.30% Pb, 12.61% Zn, 0.41% Cu and 1.24 g/t Au Drill Hole SMR139-23-PER 5.90 m @ 188 g/t Ag, 0.22% Pb, 0.45% Zn, 0.02% Cu and 0.48 g/t Au, including 2.05 m @ 360 g/t Ag, 0.38% Pb, 0.81% Zn, 0.04% Cu and 0.83 g/t Au Drill Hole [...]

Key Highlights - Initial drilling on the Natividad Vein and mineral resource expansion drilling at Sacasipuedes vein system Drill Hole SMR135-23-SCS 1.55 m @ 81 g/t Ag, 2.51% Pb, 4.57% Zn, 1.80% Cu and 0.25 g/t Au, including 1.00 m @ 106 g/t Ag, 3.37% Pb, 5.84% Zn, 2.56% Cu and 0.09 g/t Au Drill Hole SMR140-23-SCS 2.20 m @ 42 g/t Ag, 2.79% Pb, 3.84% Zn, 0.75% Cu and 0.06 g/t Au, including 1.00 m @ 62 g/t Ag, 5.40% Pb [...]

Silver Mountain Resources Inc. is pleased to announce that it has received approval from Peru´s Ministry of Energy and Mines for its Environmental Impact Declaration for the Dorita block, one of three groups of mining concessions which make up its 100% owned Castrovirreyna Project, central Peru. This authorization allows the Company to drill 60 diamond holes in 21 drill platforms over 15 months, to build access roads, and [...]

Key Highlights - Infill drilling and channel sampling at Reliquias Drill Hole SMR128-23-PER 0.30 m @ 2,961 g/t Ag, 0.84% Pb, 2.51% Zn, 0.08% Cu and 1.99 g/t Au Drill Hole SMR88-BQ-23-PER 0.50 m @ 704 g/t Ag, 1.80% Pb, 2.60% Zn, 0.06% Cu and 11.15 g/t Au Drill Hole SMR87-BQ-23-PZR 1.25 m @ 231 g/t Ag, 3.34% Pb, 5.58% Zn, 0.11% Cu and 4.57 g/t Au Channel Sample : 1.00m @ 1,343.35 g/t Ag, 1.87% Pb, 2.47% Zn, 0.59% Cu and [...]