HAMR.c in a great position with rising silver demand As a crucial part in the development of green energy technology, the demand for silver is rapidly growing. Silver is used in a variety of products ranging from photovoltaic cells, 5G networks, and automotive electronics.
This rising demand is a main factor in many analysts bullish forecasts on silver prices. By some accounts, silver prices are expected to rise to over $120 by 2025.
Silver Hammer Mining (TSXV: HAMR) is in a great position to capitalize on this bullish market. The company is currently conducting exploration campaigns at three highly prospective projects.
Phase II drilling is currently underway at Silver Hammer’s Silver Strand Project, where Phase I drilling delivered multiple results over 400 g/t AgEq. Phase II samples are currently undergoing testing at the lab, so we can expect updates on this latest drill campaign in the near future.
HAMR.c is currently trading at $.30, valued at $14.01 million.
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