Silver Mountain Resources Inc. appointed Mrs. Victoria Vargas and Mr. Bryan Coates to the Silver Mountain board of directors (the "Board") as Independent Non-Executive Directors. In addition, the Company has appointed Mr. Torsten Danne to the role of Director of Exploration. Bryan Coates has over 30 years of progressive experience within the international and Canadian mining industry.

Mr. Coates was President of Osisko Gold Royalties (Osisko) from its formation in June 2014 to the end of 2019. Mrs. Vargas is the founder of Strat-Advice and currently acts as the Chief Financial Officer of VMS Mining, a private company. Mr. Danne is a geologist with over 25 years of experience in the mining industry with expertise in the technical, management, and business development aspects of base and precious metal exploration.

Prior to joining Silver Mountain.