SMM Silver Mountain Mines Inc

Silver Mountain Mines Inc. (TSX VENTURE:SMM) ("Silver Mountain" or the
"Company") is pleased to announce positive results of initial modeling of data
acquired from a ground gravity survey program on its wholly-owned Ptarmigan
Property (the "Property"), located near Radium, British Columbia (see News
Release dated October 17, 2013).


Excel Geophysics was contracted to undertake a detailed gravity survey of the
Ptarmigan - Iron Cap Basins, and other defined Areas (i.e McDonald Creek, Gopher
/ Horsethief Creek) covering an Area approximately 5 km x 10 km (50 km2)). The
survey provides a regional background against which to evaluate the resulting
gravity anomalies with respect to previously identified Areas having anomalous
surface geochemical and/or sub-surface drill results
(http://www.silvermountainmines.com/maps.asp). The resulting data defined three
high priority Areas which require detail modeling and interpretation: newly
discovered Area Dunwalk Area, Ptarmigan Basin and Iron Cap - Nip and Tuck Basin.


The detailed survey of the newly discovered Dunwalk Area, has estimated total
surface dimensions of 600 m x 70 m, defined on the basis of 234 gravity stations
spaced approximately 20 m along 9 lines separated by 50 m. Three significant
gravity highs, surrounded by gravity lows were identified within the Dunwalk
Area. The results of subsequent modeling are interpreted to suggest the gravity
anomalies extend to a depth of at least 740 m, based on a minimum density
contrast of 1.4 mGal. 


The three anomalies measured and modeled by Excel Geophysics are elongated and
oriented, east-southeast - west-northwest over a total distance of 550 m.
Anomaly A, the westernmost anomaly has surface dimensions of 80 m x 160 m and
extends from near surface to at least 80 m, Anomaly B, centred 160 m
east-southeast of anomaly A, has surface dimensions of 95 m x 100 m and anomaly
C, centred a further 200 m east of anomaly B, has a surface expression of 185m x
70 m (http://www.silvermountainmines.com/maps.asp)


"Our goal was to obtain geophysical profiles across fault systems we believe
controls and host precious and/or base metal-enriched, massive sulphide
mineralization. Our team believes that the gravity data has not only defined
strong exploration targets but has potentially defined a new style of
mineralization on the Property. The gravity highs modelled in the Dunwalk Area
have a pipe-like shape similar to mineralized pipes described in the Bathurst
Camp in New Brunswick and at the Antaminain mine in Peru," says Steve Konopelky,
President and CEO of Silver Mountain. 


Mapping and drilling completed to date document both polymetallic
(Ag-Au-Pb+/-Cu+/-Zn) manto and vein style mineralization on the Property.
Furthermore, skarn alteration is recognized further north, closer to the contact
of the Horsethief Creek Batholith. Preliminary interpretation of results from
the gravity survey document a gravity low associated with the Horsethief Creek
Batholith, exposed on either side of Horsethief Creek along the northern margin
of the Property. A review of regional magnetic data, available from the
government, documents a very strong magnetic high coincident with the gravity
low. Similar coincident gravity lows and very strong magnetic highs identified
on the Property are interpreted to indicate covered ("blind") intrusive material
extending south-southeast from the Horsethief Creek Batholith.
(http://www.silvermountainmines.com/maps.asp). The Dunwalk detailed grid is
located along the southern margin of a coincident gravity low / strong magnetic
high. The gravity highs on the Dunwalk Area grid are interpreted to suggest
potential skarn-style mineralization hosted within the dolomitic/ carbonate
lithologies of the Mount Nelson Formation along the southern contact of the
blind intrusion.


Reported rock (grab) samples E5525022 (6.91 g/t Au, 12,346 g/t Ag, 6.23% Cu),
E5525023 (1,376 g/t Ag, 0.59 g/t Au, 0.77% Cu) and E5525024 (1,357 g/t Ag, 0.564
g/t Au, 0.767% Cu) collected approximately 77 m east-southeast of the Dunwalk
Area, suggest a mineralized zone. Furthermore, review of analytical results of
142 soil samples along 6 contour soils lines within, and immediately adjacent
to, the detailed survey Area document maximum values of 96.4 g/t Ag, 4,090 ppm
As, 25.6 ppm Bi, 983 ppm Cu, 5.66 ppm Mo, 615 ppm Pb, 377 Sb, 5.4 ppm Sn, 20.4
ppm W, 667 ppm Zn and 391 ppb Au. The elevated to anomalous values for As, Bi,
Mo, Sb, Sn and W are interpreted to indicate a magmatic influence to
mineralization within, and adjacent to, the Dunwalk Area from the blind
intrusions proposed above.


In summary, gravity anomalies documented and modeled within the detailed Dunwalk
Area represent very attractive, easily accessible drill targets for near
surface, potentially massive sulphide mineralization that appears to extend to
depths greater than 750m. In addition, the gravity survey has delineated a
larger prospective target at a modeled depth of 1 km which will require further
evaluation. Analysis and modeling continues on the gravity results from the 2013
program in other Areas.


The content of this news release has been reviewed by Rick Walker, B.Sc., M.Sc.,
P. Geo., a Qualified Person for the purposes of NI 43-101, with the ability and
authority to verify the authenticity and validity of the data herein


About Silver Mountain Mines Inc. (TSX VENTURE:SMM)

Silver Mountain Mines Inc. is a Canadian based exploration and development
company with 100% ownership of a 9,986 hectare property centered on the
historical silver rich Ptarmigan Mine in south eastern, British Columbia. The
property hosts two styles of mineralization: silver rich, high-grade
polymetallic epithermal veins and manto style massive / semi-massive sulphide
mineralization. 


This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, potential mineral recovery processes, etc.
Forward-looking statements address future events and conditions and therefore
involve inherent risks and uncertainties. Actual results may differ materially
from those currently anticipated in such statements. These statements are based
on a number of assumptions and factors that could cause actual results to differ
materially from those in forward looking statements Silver Mountain Mines Inc.
does not assume any obligation to update or revise its forward-looking
statements, whether as a result of new information, future events or otherwise,
except to the extent required by applicable law. Neither the TSX-Venture
Exchange nor its Regulation Services Provider, as per the term defined in the
policies of the TSX Venture Exchange, accepts responsibility for the adequacy or
accuracy of the release. 


ON BEHALF OF THE BOARD

Steve Konopelky, President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT: 
Silver Mountain Mines Inc.
Mr. Steve Konopelky
President & CEO
www.silvermountainmines.com

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