2024-06-26 11:03 ET - News Release
Mr. Alvaro Espinoza reports
SILVER MOUNTAIN FILES NI 43-101 TECHNICAL REPORT FOR PREVIOUSLY ANNOUNCED PRELIMINARY ECONOMIC ASSESSMENT FOR THE RELIQUIAS MINE
Silver Mountain Resources Inc. has filed an independent technical report prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects, supporting the previously announced preliminary economic assessment for the company's 100-per-cent-owned Reliquias mine in central Peru.
The technical report entitled "NI 43-101 Technical Report: Preliminary Economic Assessment, Reliquias Mine" dated June 4, 2024 and with an effective date of May 15, 2024 is available on SEDAR Plus (www.sedarplus.ca) under the Company's issuer profile and will be posted on Silver Mountain's website at www.agmr.ca. The Company is pleased to report there are no material differences between the key results, assumptions and estimates contained in the news release dated May 15, 2024, and the content of the technical report filed today.
On Behalf of the Board of Directors of Silver Mountain Resources Inc.
Alvaro Espinoza, Chief Executive Officer
About Silver Mountain
Silver Mountain Resources Inc. is a silver explorer and mine developer planning to restart production at the Reliquias underground mine and undertake exploration activities at its prospective silver camps at the Castrovirreyna Project in Huancavelica, Peru.
For additional information in respect of the Castrovirreyna Project, please refer to the Company's technical report, titled NI 43-101 Technical Report: Preliminary Economic Assessment, Reliquias Mine, dated June 4, 2024, effective date May 15, 2024, available at https://sedarplus.ca.
For further information about our drill program, including cross sections of the main veins with drill hole locations, please refer to our corporate presentation, available on our website at www.agmr.ca
Silver Mountain's subsidiary Sociedad Minera Reliquias S.A.C. owns 100% of its concessions and holds more than 60,000 hectares in the district of Castrovirreyna, Huancavelica, Peru.