Silver Mountain Resources Inc. — Capital/Financing Update 2025

Jul 22, 2025

CONSENT OF QUALIFIED PERSON

July 21, 2025

TO: Ontario Securities Commission

AND TO: British Columbia Securities Commission
Alberta Securities Commission
Financial and Consumer Affairs Authority of Saskatchewan
The Manitoba Securities Commission
Autorité des marchés financiers
Nova Scotia Securities Commission
Financial and Consumer Services Commission (New Brunswick)
The Office of the Superintendent of Securities (Prince Edward Island)
Office of the Superintendent of Securities, Service Newfoundland & Labrador
Office of the Superintendent of Securities (Northwest Territories)
Superintendent of Securities, Legal Registries Division, Department of Justice (Nunavut)
Office of the Yukon Superintendent of Securities

Dear Sirs/Mesdames,

Re: Silver Mountain Resources Inc. — Prospectus Supplement dated July 21, 2025 to the Short Form Base Shelf Prospectus dated October 28, 2024 (the "Prospectus Supplement")

This letter is being filed as the consent of Gerardo Acuña Perez, FAusIMM (CP), to being named in the Prospectus Supplement, including under the headings "Scientific and Technical Information" and "Legal Matters & Interest of Experts", and to the use of the report entitled "Amended and Restated NI 43-101 Technical Report: Preliminary Economic Assessment, Reliquias Mine, Huancavelica-Peru", dated effective May 15, 2024 (the "Report"), in connection with the filing of the Prospectus Supplement and to the inclusion of the written disclosure of the Report and of extracts from or a summary of the Report in the written disclosure contained in the Prospectus Supplement or incorporated by reference therein.

I hereby confirm that I have read the Prospectus Supplement, including the written disclosure of the Report and of extracts from or a summary of the Report contained in the Prospectus Supplement or incorporated by reference therein, and have no reason to believe that there are any misrepresentations in the information contained therein that is derived from the Report or that is within my knowledge as a result of the services performed by me in connection with the Report.

References to the Prospectus Supplement include all documents incorporated by reference therein.

(signed) "Gerardo Acuña Perez"
Gerardo Acuña Perez