The bill establishes February 9 of each year as "Montana Mining Day" to honor the state's mining heritage and its significant contributions to the economy and society. This date was chosen to commemorate the adoption of Montana's state motto, "oro y plata," which translates to "gold and silver." The bill highlights the historical importance of mining in Montana, including the discovery of gold in the 1850s, the development of various mineral resources, and the industry's role in providing jobs and generating tax revenue for the state.

Additionally, the bill acknowledges the evolution of mining practices in Montana, including advancements in safety and environmental regulations, as well as the establishment of the Montana State School of Mines, now known as Montana Technological University. The intent of the bill is to promote public awareness of the benefits and responsibilities associated with mining in Montana, ensuring that the state's rich mining history is recognized and celebrated annually.