Peru

SILVER MOUNTAIN ANNOUNCES METALLURGICAL RECOVERIES AND CONCENTRATE GRADES FROM ITS RELIQUIAS PROJECT IN PERU

Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) (TSXV: AGMR) (OTCQB: AGMRF) is pleased to announce that it has won the effects of closed-loop metallurgical testing on representative samples from several mineralized veins in the interior. of its assets one hundred percent from the Reliquias Mine in central Peru. These effects show really extensive innovations from past effects and come with gold recoveries for the first time. In addition, the amounts payable for silver and gold in bulk concentrate are expected to be approximately

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EMERGING MARKETS-Latam stocks advance, weak copper prices drag currencies of Chile, Peru

* Brazil’s inflation well below expectations * Brazil’s Gol files for U.S. bankruptcy * Chile central bank to cut rates by 100bps next week- poll * Latam stocks up 0.5%, FX up 0.1% By Amruta Khandekar Jan 26 (Reuters) – Most Latin American stocks gained on Friday as data pointing to a downward trend in U.S. inflation helped sentiment towards riskier assets while lower copper prices weighed on the currencies of Chile and Peru. MSCI’s index for Latin American stocks rose 0.5% by 1507 GMT and was set for its first weekly gain in four. A gauge of currencies edged up 0.1%, on track for a marginal weekly advance.

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