Peru Mining

[Lone Clone]

SILVER MOUNTAIN DOUBLED CONTAINED SILVER CONTENT WITH HIGHER GRADE AND INCREASED TONNAGE IN THE MEASURED AND INDICATED CATEGORIES IN UPDATED MINERAL RESOURCE ESTIMATE AT ITS RELIQUIAS PROJECT, PERU

https://www.newswire.ca/news-releases/silver-mountain-doubled-contained-silver-content-with-higher-grade-and-increased-tonnage-in-the-measured-and-indicated-categories-in-updated-mineral-resource-estimate-at-its-reliquias-project-peru-834191171.html

Silver Mountain Resources Inc. Feb 07, 2024, 07:00 ET

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, 2.06% Pb, and 0.33% Cu

Additional Inferred resource estimate of 1.706 Mt @ 4.07 oz/t Ag, 0.43 g/t Au, 2.96% Zn, 1.84% Pb, and 0.28% Cu

TORONTO, Feb. 7, 2024 /CNW/ - Silver Mountain Resources Inc. ("Silver Mountain" or "the Company") (TSXV: AGMR) (OTCQB: AGMRF)