Sell:0.65 CADBuy:0.68 CAD0.02 CAD
(3.17%)
Silver Mountain Resources Inc. is a Canada-based silver explorer and mine developer company. The Company is engaged in re-starting the production at the Reliquias underground mine and undertake exploration activities at its highly prospective silver camps at the Castrovirreyna Project (the Project) located in Huancavelica, Peru. The Company, through its subsidiary Sociedad Minera Reliquias S.A.C (AGMR Peru) owns approximately 2,600 tons per day (tpd) processing plant, an operating tailings dam, and over 59,000 hectares (ha) of mining concessions. The Company targets the acquisition of mining concessions for exploration, exploitation, extraction, and processing of various types of minerals with a special focus on precious metals. The Project includes mine infrastructure that supported the Reliquias and Caudalosa Grande underground operations. The Reliquias underground mine is located 10 km southwest (SW) from the existing processing plant.
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