Silver Mountain Reports Discovery of New Zone of High Grade Silver from Its Grab Sample Program: 1,171 g/t Ag (34 oz/T Ag), ...

Silver Mountain Mines Inc. (TSX VENTURE:SMM) ("Silver Mountain" or the
"Company") is pleased to announce assay results from its 2013 exploration
program on its wholly-owned Ptarmigan Property (the "Property"), located near
Radium, British Columbia.


The 2013 rock, soil and silt geochemical sampling program on the Property
resulted in several significant Gold ("Au"), Silver ("Ag"), Copper ("Cu"), Lead
("Pb") and/or Zinc ("Zn") anomalies that warrant follow-up work in 2014. The
2013 sampling program resulted in recovery of a total of 148 rock, 11 soil and
14 silt samples from five main areas on the Property: the McDonald-Redmac,
Gopher-Horsethief Creek areas, Law Creek, Iron Cap and Nip & Tuck drainages. 


Significant 2013 analyses include chip samples that returned values up to 1,588
grams per tonne (g/t) Ag, 0.36 g/t Au and 0.74% Cu over 0.5 m from the Ptarmigan
Mine, further documenting high grade mineralization remaining in the underground
workings. These results are interpreted to support the Company's initiative to
further evaluate mineralization in the Ptarmigan Mine and the potential for
extraction of a bulk sample.


Newly discovered mineralization, interpreted as an extension of the previously
documented Iron Cap Trend, returned highly anomalous values ranging from 107 g/t
Ag to 1,171 g/t Ag and locally 0.96 g/t Au, 0.30% Cu, 0.84% Zn and 29.7% Pb over
an area of 400 square metres. 


In addition, further mineralization has been identified from the historical
Silver King Adit, where assays include 562 g/t Ag, 4.1% Zn and 10.8% Pb over 0.3
m. The Silver King adit lies just west of Redline Creek, west of the access into
the Iron Cap area.


These newly discovered areas lie along the projected trend of a series of
northwest trending faults, some of which pass through the Ptarmigan Mine area
(see Fault Mineralization Map at http://www.silvermountainmines.com). In
particular, continued exploration along the Iron Cap Trend resulted in newly
discovered mineralization, increasing the overall strike length over which high
grade mineralization has been documented of approximately 1.78 km and an over a
vertical estimated distance of at-least 450 meters.


The following is a tabulation which highlights anomalous rock samples recovered
during 2013. Most samples were collected as grab samples and are unlikely to
represent average grades of the mineralization. (see 2013 Geochemistry Sampling
Map at www.silvermountainmines.com). A complete tabulation of all 2013 sampling
program is available on the Company's website. (see 2013 Geochemistry Sampling
Chart at www.silvermountainmines.com).


Highlights from 2013 exploration sampling for major elements from rocks 



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AREAS                       Ag (ppm)  Au (g/t)    Cu (%)    Pb (%)    Zn (%)
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MCDONALD CREEK / REDMAC                                                     
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         E5126103              562.0     0.165     0.084    10.800     4.130
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PTARMIGAN BASIN                                                             
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         E5126110              23.90     0.959     0.001     0.003     0.000
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         E5126168              706.0     0.601     0.460     0.026     0.039
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         E5126169              657.0     0.578     0.152     0.359     0.014
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         E5126170              36.50     0.426     0.006     0.073     0.002
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         E5126171              45.30     0.188     0.024     0.052     0.002
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         E5126172              58.70     0.209     0.017     0.052     0.002
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         E5126173              93.90     0.401     0.038     0.062     0.004
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         E5126174              93.70     0.446     0.033     0.055     0.003
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         E5126175              67.80     0.196     0.037     0.056     0.003
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         E5126176              628.0     0.293     0.426     0.051     0.042
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         E5126177              323.0     0.206     0.123     0.165     0.011
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         E5126178              28.10     0.359     0.014     0.031     0.001
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         E5126179              108.0     0.489     0.053     0.047     0.005
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         E5126181            1,588.0     0.362     0.739     0.320     0.077
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IRON CAP                                                                    
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         E5126083              335.0     0.333     0.196     0.175     0.022
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         E5126113              498.0     0.228     0.095     1.420     0.841
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         E5126160              107.0     0.013     0.019     1.120     0.011
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         E5126161              21.50     0.292     0.002     0.681     0.005
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         E5126162            1,171.0     0.546     0.295    29.700     0.009
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BRUCE CREEK                                                                 
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         E5126085              340.0     0.015     0.224     20.40      2.60
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         E5126189              171.0     0.016     0.068     8.910     0.075
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"Given the tight markets this past year, I am very pleased with the results of
2013 field program, which successfully served to significantly increase and/or
expand mineralized areas identified on the Property and look forward to pending
results from our detailed gravity survey," says Steve Konopelky, President & CEO
of the Company. "It is anticipated that the results of the 2013 gravity survey
will further expand the mineral potential interpreted for the Property by
providing a geophysical target at depth. The combined results of the highly
successful 2013 program will support our Company's goals, advancing the
Company's project through sound fiscal management." 


QA-QC All samples were submitted to AGAT Laboratories ("AGAT") for analysis, an
independent certified laboratory and preparation facility which maintains an ISO
17025 accreditation by the Standards Council of Canada SCC). All samples were
securely stored at the Ptarmigan Mine (site or within sight of the Project
Manager and/or Supervising Geologist, at all times. Samples were secured in rice
bags, delivered to AGAT Laboratory in Calgary, Alberta, from where they were
shipped to their Vancouver Laboratory for analysis.


The content of this news release has been reviewed by Rick Walker, 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. 


For further information on Silver Mountain Mines Inc. please visit the Company's
website http://www.silvermountainmines.com and SEDAR (www.sedar.com).


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