Silver Mountain Resources Inc. is pleased to provide a first National Instrument 43-101 compliant mineral resource estimate for its 100% owned Reliquias mine in Huancavelica, central Peru. Highlights Measured & Indicated Resources: 861,300 tons containing 2.78 million ounces of silver, 7,100 ounces of gold, 28,800 tons of zinc, 21,400 tons of lead, and 3,400 tons of copper Inferred Resources: 969,000 tons containing 3.10 [...]
In the news release, DELINEATION DRILLING AT AgMR's RELIQUIAS MINE CONFIRMS HIGH-GRADE INTERCEPTS, issued 29-Mar-2023 by Silver Mountain Resources Inc. over CNW, we are advised by the company that in the first paragraph, the second sentence should read "December 4, 2022" and not "December 4, 2002." The complete, corrected release follows: DELINEATION DRILLING AT AgMR's RELIQUIAS MINE CONFIRMS HIGH-Highlights Infill and [...]
Silver Mountain Resources Inc. today announces that Alvaro Espinoza has been appointed as Chief Executive Officer of the Company, effective April 1, 2023. Mr. Espinoza is currently the Chief Executive Officer of Cautivo Mining Inc. and has previously served as the Executive Vice-President and Chief Financial Officer of mining companies in Colombia and Peru. Mr. Espinoza has 15+ years of experience in senior management [...]
Silver Mountain Resources Inc. is pleased to provide its outlook for 2023 in addition to a brief review of 2022. 2022 Highlights Completion of a 72-hole underground drill program at the Reliquias mine for a total of 16,955.3 m. The objective of this campaign was to validate historical resources within the most promising structures, primarily the Matacaballo, Sacasipuedes, and Meteysaca veins . The Matacaballo vein was [...]
Silver Mountain Resources Inc. is pleased to provide its outlook for 2023 in addition to a brief review of 2022. 2022 Highlights Completion of a 72-hole underground drill program at the Reliquias mine for a total of 16,955.3 m. The objective of this campaign was to validate historical resources within the most promising structures, primarily the Matacaballo, Sacasipuedes, and Meteysaca veins . The Matacaballo vein was [...]
Silver Mountain Resources Inc. is pleased to announce that the TSX Venture Exchange has accepted for listing 15,525,000 class A common share purchase warrants of the Company for trading on the TSXV. The Warrants were issued on February 9, 2023 pursuant to a prospectus supplement dated February 6, 2023, to the Company's final short form base shelf prospectus dated November 9, 2022, forming part of a bought deal offering of [...]
Highlights: Evidence for a porphyry copper system at depth found in an erosional window over an area of at least 2 x 1 km Large lithocap covering 7 x 3 km offers additional potential to explore for covered porphyry targets Silver Mountain Resources Inc. is pleased to report that a porphyry copper target has been recognized at the Yahuarcocha and Guanajato zones, within the Company's 20,000-ha Reliquias property block in [...]
Silver Mountain Resources Inc. , is pleased to announce that it has completed its previously announced bought deal prospectus offering of units of the Company with a syndicate of underwriters led by Sprott Capital Partners LP and Eight Capital, and including Canaccord Genuity Corp. and Research Capital Corp. . Pursuant to the Offering, Silver Mountain has issued an aggregate of 31,050,000 Units at a price of C$0.30 per [...]
Silver Mountain Resources Inc. , is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Sprott Capital Partners , in connection with a bought deal prospectus offering of 27,000,000 units of the Company at a price of C$0.30 per Unit for aggregate gross proceeds of C$8,100,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase [...]
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