Silver Mountain Begins Commissioning at Peru’s Reliquias Silver-Zinc-Lead Mine, Targeting Q3 Production

Published: Jul 14, 2026 11:26

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Silver Mountain Resources has commenced commissioning activities at its Reliquias silver-zinc-lead polymetallic mine in Peru’s Huancavelica district. Rehabilitation of the concentrator plant is approximately 95% complete, and the company remains on track to achieve first production in the third quarter of 2026.

The crushing circuit is now operational, while the grinding and flotation circuits have completed no-load testing. Low-grade ore is currently being used for industrial trials to fine-tune operating parameters ahead of commercial throughput. Silver Mountain has completed more than 3,000 metres of underground development and stockpiled approximately 12,000 tonnes of ore at surface, providing a feed buffer during the initial ramp-up. The tailings facility, water treatment plants and power infrastructure are also operational and permitted.

Reliquias hosts silver-zinc-lead-gold-copper vein mineralization. Following the expected production restart in Q3, the company plans to release an updated mineral resource estimate and preliminary economic assessment in Q4 2026 to evaluate the mine’s longer-term production and expansion potential.

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