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SMR Announces the Appointment of Vice President, Finance

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Executive Summary

Silver Mountain Resources Inc. has initiated preparatory activities aimed at restarting operations at its Reliquias Project, located in Peru's Castrovirreyna district. This operational restart represents a significant milestone for the silver-focused company, which trades on the TSXV under ticker AGMR and on the OTCQB as AGMRF.

The announcement coincides with the appointment of a new Vice President of Finance, indicating the company is strengthening its management team in advance of resumed operations. This executive appointment suggests Silver Mountain is positioning itself with the necessary financial leadership to support the operational restart and potential expansion activities.

The Reliquias Project's location in Peru's Huancavelica region places it within an established mining jurisdiction with existing infrastructure. The restart of operations at this project could provide Silver Mountain with near-term production capabilities, particularly relevant given current silver market dynamics and investor interest in precious metals exposure.

This development positions Silver Mountain as it transitions from exploration and development toward active production, with the combination of operational restart preparations and strengthened management indicating the company's commitment to advancing the Reliquias Project toward commercial viability.
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