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SILVER MOUNTAIN COMMENCES PREPARATION OF TECHNICAL REPORT FOR ITS EL MILAGRO PROJECT
SILVER MOUNTAIN COMMENCES PREPARATION OF TECHNICAL REPORT FOR ITS EL MILAGRO PROJECT ...
About this update from Silver Mountain Resources, Inc. Class A
[{"type":"text","content":"\n \n \n \n SILVER MOUNTAIN COMMENCES PREPARATION OF TECHNICAL REPORT FOR ITS EL MILAGRO PROJECT\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN OR INTO\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Sept. 13, 2022\n \n \n /CNW/ - Silver Mountain Resources Inc. (\"\n \n Silver Mountain\n \n \", \"\n \n AGMR\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that it has initiated the preparation of a technical report for its El Milagro project, which is to be prepared in compliance with the requirements of National Instrument 43-101 -\n \n Standards of Disclosure for Mineral Projects\n \n (\"\n \n NI 43-101\n \n \"). The El Milagro project is situated approximately 40 km southeast of the Company´s Reliquias concession block, straddling the boundary between the Huancavelica and Ayacucho regions of\n \n Peru\n \n .\n \n \n \n \n \n \n \n \n \n Geologically, the project area is characterized by limestones of Triassic to Jurassic age, in contact with Tertiary-age volcanic successions and felsic subvolcanic stocks. Polymetallic Ag-Pb-Zn mineralization is exposed as several carbonate replacement bodies and in the form of tabular fracture fill. Previous project operators evaluated the potential of the area, including geological mapping, rock sampling and development of over\n \n 2500 m\n \n of underground workings. Additionally, 53 diamond drill holes with a total meterage of over\n \n 9800 m\n \n were completed from surface and from underground\n \n 1\n \n .\n \n \n The purpose of the proposed technical report will be to assess the geological potential of the El Milagro project area and to review the historic exploration work completed by previous owners....