SILVER MOUNTAIN REPORTS HIGH‑GRADE SILVER RESULTS FROM SURFACE CHANNEL SAMPLING PROGRAM NEAR THE RELIQUIAS MINE, PERU /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } .prngen10{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt } .prngen8{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen9{ PADDING-RIGHT:0.33em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt } .prngen6{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen5{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid } .prngen3{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen2{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid } .prngen12{ PADDING-RIGHT:0.33em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; FONT-SIZE: 8PT; FONT-FAMILY: ARIAL; COLOR: BLACK; MARGIN:0em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt } .prngen15{ TEXT-ALIGN: CENTER; MARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT } .prnvat{ VERTICAL-ALIGN: TOP } .prnrbrb0{ BORDER-RIGHT:black 0pt } .prnsblb1{ BORDER-LEFT:black 1pt } .prnml4{ MARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT } .prnpl2{ PADDING-LEFT:0.17em } .prntac{ TEXT-ALIGN: CENTER } .prnbbbs{ BORDER-BOTTOM:black 0.5pt solid } .prnpr4{ PADDING-RIGHT:0.33em } .prnsblb0{ BORDER-LEFT:black 0pt } .prnsbtb1{ BORDER-TOP:black 1pt } .prncbts{ BORDER-TOP:black 0.5pt solid } .prnpr2{ PADDING-RIGHT:0.17em } .prnbcc{ BORDER-COLLAPSE: COLLAPSE } .prnvam{ VERTICAL-ALIGN: MIDDLE } .prntal{ TEXT-ALIGN: LEFT } .prnrbrb1{ BORDER-RIGHT:black 1pt } .prnsbbb0{ BORDER-BOTTOM:black 0pt } .prnsbtb0{ BORDER-TOP:black 0pt } Canada NewsWire /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN OR INTO THE UNITED STATES/TORONTO, April 27, 2026 /CNW/ - Silver Mountain Resources Inc. ("Silver Mountain" or the "Company") (TSX: AGMR) (OTCQB: AGMRF) (BVL: AGMR) is pleased to announce that it has received assay results from surface channel sampling completed as part of its brownfield exploration program surrounding its 100%‑owned Reliquias Mine, located in central Peru.The Company's exploration team is currently evaluating areas surrounding the proposed Reliquias production centre. In parallel with detailed geological field mapping, systematic and representative channel samples are being collected from surface outcrops, a standard methodology used during the evaluation of vein‑type structures. All samples are collected perpendicular to the vein structures using percussion tools and manual cutting equipment.The figure above displays an outcrop of the Seguridad SE vein, showing distinctive yellow‑brown colouration with iron‑oxide‑pigmented clays and pyrite relics. The central zone contains white quartz infill with granular texture, cross‑cut by veins and patches of silver sulfosalts, galena, sphalerite, and pyrite.Channel Sampling ResultsSilver Mountain geologists continue to collect channel samples as part of the brownfield exploration program surrounding the Reliquias Mine. Table 1 and Table 2 below summarize the channel sample distribution along the vein and present the compiled weighted assay results.Table 1: Channel Sampling DistributionSample ID True Width(1) Gold Silver Lead Zinc Copper Ag Eq(2) Vein Samplem g/t Oz/t %%%Oz/t 307150.200.7218.900.890.380.2020.55SEGURIDAD SE VEIN 258041.000.95105.103.351.700.64108.57307210.400.140.850.350.020.021.19307200.200.4733.6610.180.900.3338.05Notes:(1)True thicknesses are shown where they can be determined.(2)Silver equivalent (AgEq) grades are calculated using metal prices of: silver US$62.30/oz, gold US$4,415/oz, copper US$12,015/t, lead US$2,028/t, and zinc US$2,932/t. AgEq (oz/t) = Ag (oz/t) + (Au (g/t) × 1.54) + (Cu (%) × 0.67) + (Pb (%) × 0.31) + (Zn (%) × 0.32), using metallurgi