Ministry clears the way for Silver Mountain to restart Peru mine

The Peruvian Ministry of Energy and Mines has classified TSX-V-listed Silver Mountain Resources' Reliquias mine and Caudalosa plant as an ongoing mining operation, clearing the way for Silver Mountain to restart operations at the mine and plant. “Our dedicated permitting and legal teams have worked tirelessly to ensure our commitment to revitalising the Reliquias mine. This recognition not only marks a pivotal moment for Silver Mountain but also underscores our contribution towards boosting the local economy. With the Reliquias mine and Caudalosa plant now recognised as active sites, we maintain our existing environmental permits, allowing us to recommence operations without further governmental approvals," CEO Alvaro Espinoza points out.