ABOUT SILVER MOUNTAIN RESOURCES

AgMR is a silver explorer and mine developer company, which is planning to undertake exploration activities at its highly prospective silver camps and to re-start production at the Reliquias mine at the Castrovirreyna Project in Huancavelica, Peru. It is well-capitalized and owns a 100% interest in all its properties in Huancavelica. AgMR targets the acquisition of mining concessions for exploration, exploitation, extraction, and processing of silver as well as other types of metals.

AgMR OWNS

More than 27,500 hectares mining properties, that includes two former underground mines with multiple highly prospective silver-rich targets

More than 27,500 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

Located in the prolific silver mining district of Castrovirreyna, in the mountainous department of Huancavelica, Peru, the Castrovirreyna project is host to the Reliquias and Dorita block of properties. The Castrovirreyna mining district consists of silver-rich polymetallic veins that host many significant mineral deposits that were exploited since the Spanish colonial period. The Reliquias and Dorita block of properties are still highly underexplored and hosts several silver-rich veins and brecciated structures. AgMR plans to re-start production at the Reliquias underground mine and undertake exploration activities at its highly prospective silver camps at the Castrovirreyna Project. AgMR owns a 2,000 tpd processing plant and a 2-year operating tailings dam.