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SILVER MOUNTAIN ANNOUNCES METALLURGICAL RECOVERIES AND CONCENTRATE GRADES FROM ITS RELIQUIAS PROJECT PERU

Silver Mountain Resources Inc. ("Silver Mountain" or the "Company") (TSXV: AGMR) (OTCQB: AGMRF) is pleased to announce that it has received results from locked cycle metallurgical tests on representative samples from several mineralized veins within its 100% owned Reliquias mine, central Peru. These results show substantial upgrades compared to previous results and include gold recoveries for the first time. Furthermore, silver and gold payables into the bulk concentrate are expected to be aroun

Silver Mountain Announces Metallurgical Recoveries And Concentrate Grades From Its Reliquias Project Peru

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. - Veroeffentlicht am 31.01.2024

Silver Mountain´s Reliquias Mine Continues To Deliver - Drilling Hits 1 15 Metres Of 682 G/t Ageq At The Perseguida Vein

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 @. - Veroeffentlicht am 12.10.2023

SILVER MOUNTAIN´S RELIQUIAS MINE CONTINUES TO DELIVER - DRILLING HITS 1 15 METRES OF 682 G/T AGEQ AT THE PERSEGUIDA VEIN

Silver Mountain Resources Inc. ("Silver Mountain" or "the Company") (TSXV: AGMR) (OTCQB: AGMRF) announced the receipt of results from six additional drill holes completed at its 100% owned Reliquias mine, central Peru. This is part of the Phase 2 of the 2023 drilling campaign, in which the Company has completed 12,043 metres of diamond drilling from 43 holes. So far, results have been received for 28 drill holes. Three underground drill rigs are currently in operation at Reliquias.

Silver Mountain Discovers New High Grade Copper Vein and Hits Impressive Precious Metal Grades at Its Reliquias Mine, Peru

Figure 1: Drill Hole Location Map of the 2023 Drill program Figure 2: Longitudinal section of the newly identified Natividad vein Figure 3: High grade Ag-Au intercept in drill hole SMR140-23-SCS Figure 4: Longitudinal section of the Sacasipuedes vein showing grade-thickness values Key Highlights – Initial drilling on the Natividad Vein and mineral resource expansion drilling at Sacasipuedes vein system Drill Hole SMR135-23-SCS (newly identified Natividad, or “NAT” vein) 1.55 m @ 81 g/t Ag, 2.51%

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