ABOUT SILVER MOUNTAIN RESOURCES

AgMR is a well-capitalized silver and polymetallic explorer and developer, planning to re-start production at the Reliquias mine, located within its 100% owned Castrovirreyna Project, Huancavelica, Peru. In parallel to re-starting production at Reliquias, AgMR is exploring for new mineral deposits in its large land package located within one of the world’s most prolific mining belts.

AgMR OWNS

More than 60,000 hectares mining properties, that includes two former underground mines with multiple highly prospective silver-rich targets

More than 60,000 hectares mining properties, that includes two former underground mines with multiple highly prospective silver-rich targets

Reliquias underground mine: consisting of accessible ramps and galleries, ventilation systems, water pumping system, and explosives magazine

Reliquias underground mine: consisting of accessible ramps and galleries, ventilation systems, water pumping system, and explosives magazine

Concentrator plant with 2,000 tpd capacity

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Tailings storage facility (TSF): current capacity sufficient to hold two years of tailings at maximum processing rate of 2,000 tpd

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Infrastructure: power supply line, water supply system, fuel storage, a 370-person camp, warehouses, maintenance shops, and paved roads access to camp

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PROJECT SUMMARY

The Castrovirreyna Project is in the Huancavelica region of Central Peru. It consists of three mineral concession blocks hosting silver-rich, polymetallic veins and gold-rich breccias The Castrovirreyna Project remains underexplored. AgMR plans to re-start production at the Reliquias underground mine and aggressively explore this highly prospective silver camp, where it owns a 2,000 tpd processing plant and an operating tailings dam with enough capacity for at least 2 years at maximum throughput.