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Silver Hammer Mining Corp C.HAMR

Alternate Symbol(s):  HAMRF

Silver Hammer Mining Corp. is a junior resource exploration company. The Company is engaged in the acquisition and exploration of mineral property assets. The Company is focused on flagship past-producing Silver Strand Mine in the Coeur d’Alene Mining District in Idaho, as well as both the Eliza Silver Project and the Silverton Silver Mine. The Company’s portfolio also provides exposure to high-grade copper and gold for its projects. The Silver Strand Mine is comprised of 70 claims over a 5.5km strike length atop a silver belt in the Coeur d’Alene mining district in Idaho. The Silverton Project is located in south-central Nevada about 100 kilometers southwest of the Eliza Project. The Eliza Silver Project is located in the general area of the Hamilton silver mining district in western White Pine County, Nevada. The Eliza Silver Project is a 5.52 square kilometers land package. The Lacy Property claim consists of three non-surveyed contiguous mineral claims totaling 590.08 hectares.


CSE:HAMR - Post by User

Comment by DRYOASISon Oct 27, 2022 11:02am
68 Views
Post# 35053100

RE:HAMR.c soil sampling at Eliza has identified four primary mi

RE:HAMR.c soil sampling at Eliza has identified four primary miThat's 39 samples ... 

A total of 518 soil samples were collected from the northern area of Eliza with results ranging from below detection limit to 26.95 grams per tonne (“g/t”) silver (“Ag”). Thirty-nine samples returned grades higher than 1 g/t silver. 

Results with over 0.5 g/t Ag are highly anomalous and can be considered a tracer of potential larger systems. The purpose of the soil sampling program was to further define the extent of mineralization within the northern area and examine any geochemical patterns that may exist. The soil sampling program has outlined four distinct target areas, which are now being further evaluated. The historic mining areas include the California, Passynak and Belmont mines; a new fourth area, the Western Anomaly will be added to our focus going forward.

President and CEO, Morgan Lekstrom commented: “Our thesis has always been that a methodical and modern exploration approach in districts with small-scale, high-grade historical production can lead to the discovery of much larger mineralized systems. Soil sampling does not typically return silver results greater than 1 g/t, so we are very encouraged not only by the widespread nature of mineralization, but by the highly anomalous values from this program.” Lekstrom added, “This type of low-cost, high-impact exploration work aligns with our current view towards maintaining a strong treasury during the current market environment and we have initiated preliminary discussions with prospective partners on our Nevada assets as we advance these projects toward a drill-ready stage.”

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