Silver Mountain Resources Inc.

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 [...]

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 [...]