Successful Soil Sampling at Eliza / Expanded Mineralization Silver Hammer ($HAMR.C) just significantly expanded their mineralized footprint through soil sampling at their Eliza silver property in Nevada.
- A total of 518 soil samples were collected from the northern area of Eliza, with results reaching up to 26.95 g/t Ag.
- 39 samples returned grades higher than 1 g/t Ag. And considering that results with over 0.5 g/t Ag are highly anomalous, these results can be considered a tracer of potential larger systems.
- The soil sampling program has outlined four distinct target areas, which are now being further evaluated, including 3 historic mining areas and one new zone, the Western Anomaly.
- Each area had extremely promising results for further exploration, especially the Passynak area, which had significant silver resources in addition to copper, lead, antimony, and zinc.
https://ca.finance.yahoo.com/news/silver-hammer-significantly-expands-mineralized-113000164.html
As they continue to explore this property and their other properties, such as the Silver Strand and Silverton mines, there’s significant room for growth, looking at the cumulative results from each property. The $14M valuation represents a significant upside for the company as they pursue further results.