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SILVER MOUNTAIN RECEIVES ENVIRONMENTAL APPROVAL TO DRILL MULTIPLE HIGH PRIORITY TARGETS WITHIN THE DORITA BLOCK - CASTROVIRREYNA PROJECT, PERU
SILVER MOUNTAIN RECEIVES ENVIRONMENTAL APPROVAL TO DRILL MULTIPLE HIGH PRIORITY TARGETS WITHIN TH...
About this update from Silver Mountain Resources, Inc. Class A
[{"type":"text","content":"\n \n \n \n SILVER MOUNTAIN RECEIVES ENVIRONMENTAL APPROVAL TO DRILL MULTIPLE HIGH PRIORITY TARGETS WITHIN THE DORITA BLOCK - CASTROVIRREYNA PROJECT, PERU\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Sept. 20, 2023\n \n \n /CNW/ - Silver Mountain Resources Inc. (\"Silver Mountain\" or \"the Company\") (TSXV: AGMR) (OTCQB: AGMRF) is pleased to announce that it has received approval from Peru´s Ministry of Energy and Mines for its Environmental Impact Declaration (or \"DIA\") for the Dorita block, one of three groups of mining concessions which make up its 100% owned Castrovirreyna Project, central\n \n Peru\n \n . This authorization allows the Company to drill 60 diamond holes in 21 drill platforms over 15 months, to build access roads, and to build any other component needed for its approved activities.\n \n \n \n Alvaro Espinoza\n \n , CEO of Silver Mountain, remarked, \"\n \n Obtaining the DIA for Dorita is a significant milestone for Silver Mountain and its strategy of advancing the highest priority exploration targets in parallel to the current underground drill program aimed at growing the mineral resource at the nearby Reliquias mine. Once all additional required permits are obtained, we intend to rapidly advance Dorita to grow the mineral inventory in our over 60,000 hectare land package.\n \n \"\n \n \n The DIA authorization is the initial part of the exploration permitting process in\n \n Peru\n \n . With this authorization in hand, the Company will request authorization to initiate activities, the final permit needed to begin drilling.\n \n \n \n Description of the Dorita Block\n \n \n \n The Dorita block is the northernmost group of mining claims and concessions making up the Company´s 100% owned Castrovirreyna project, covering over 31,000 hectares. Company geologists have identified three priority targets at Dorita: the Dorita, Dorita North, and Huancarpusa targets. Figure 1 shows the location of the exploration targets within the Dorita block.\n \n \n \n \n \n \n \n ...