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Silver Mountain Resources Completes Successful 2023 Reliquias Drill Program - Hits 2 55 Metres with 737 G/t Silver Equivalent

Silver Mountain Resources Continues to Report High Grade Silver Results from Underground Channel Sampling Program at Reliquias Mine, Peru

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.

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