Silver Hammer Engages Drill Contractor
NEWS RELEASE
Silver Hammer Engages Drilling Contractor for Near-Term Drill Program at Silver
Strand Project in Idaho
Vancouver, British Columbia – July 7, 2022 – Silver Hammer Mining Corp. (CSE:
HAMR; OTCQB: HAMRF) (the "Company" or "Silver Hammer" ) is pleased to
announce plans to begin an 11-hole Phase II diamond drill program from the Company’s
established underground drilling station, before the end of July at its past-producing Silver
Strand Project in Idaho.
The Phase II drill program will focus on expanding the known silver-gold zone down-dip
and will also assess the potential for additional mineralized chutes (Figure 1). Targets for
this program are based on exploration work performed by Silver Hammer in 2021,
including a drone supported magnetic survey, Phase I drilling, as well integration of drilling
data acquired from previous owners of the Silver Strand Project (see Jan 26, 2022 news
release).
“This Phase II drill program will build upon results of the Phase I program completed late
2021, which confirmed that silver and gold -bearing sulphide mineralization extends
beneath the historic mine workings,” stated President & CEO Morgan Lekstrom. “As with
Phase I, we will utilize an existing underground drift and drilling bay, which we
rehabilitated last year, to begin to test the depth extent of the known mineralized body as
well as to test for additional mineralized chutes in a very cost-effective manner.”
Figure 1. Planned Phase II Drilling at Silver Strand
The Company has signed a contract with Nasco Industrial Services and Supply , which
will use HQ, 3.5-inch diameter drill core to obtain good core recovery and relatively large
core samples for reliable assays.
Silver Hammer is also progressing exploration of the Eliza Project in Nevada with a
detailed follow-up soil grid sampling program, the results of which are expected in late
July.
Qualified Person
Technical aspects of this press release have been reviewed and approved by Philip
Mulholland, a Certified Professional Geologist (CPG) with the American Institute of
Professional Geologists, a contractor of the Company and the designated Qua lified
Person (QP) under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
About Silver Hammer Mining Corp.
Silver Hammer Mining Corp. is a junior resource company advancing the flagship past -
producing Silver Strand Mine in the Coeur d’Alene Mining District in Idaho, USA, as well
both the Eliza Silver Project and the Silverton Silver Mine in one of the world’s most
prolific mining jurisdictions in Nevada and the Lacy Gold Project in British Columbia,
Canada. Silver Hammer’s primary focus is defining and developing silver deposits near
past-producing mines that have not been adequately tested. The Company’s portfolio
also provides exposure to copper and gold discoveries.
Disclaimer note: Mineralization hosted on adjacent and/or nea rby properties is not
necessarily indicative of mineralization hosted on the Company’s projects.
On Behalf of the Board of Silver Hammer Mining Corp.
Morgan Lekstrom, President and CEO
Corporate Office: 551 Howe Street, Vancouver, British Columbia V6C 2C2, Canada
For investor relations inquiries, contact:
Kristina Pillon, High Tide Consulting Corp.
T: 604.908.1695
For media inquiries, contact:
Adam Bello, Primoris Group Inc.
T: 416.489.0092
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policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.