Silver Hammer Mining 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 [...]
Silver Hammer Mining is pleased to announce that it has closed its previously announced brokered and a concurrent non-brokered private placement for gross proceeds of $3,007,048.68. The brokered portion of the Offering was led by Echelon Wealth Partners and consisted of the sale of 7,325,286 units for aggregate gross proceeds of $2,783,608.68 at a price of $0.38 per Unit. Each Unit consisted of one Common Share and [...]
Silver Hammer Mining is pleased to announce its intention to complete a brokered private placement on a commercially reasonable efforts basis for gross proceeds of up to approximately C$3,000,000. The Offering will be led by Echelon Wealth Partners Inc. as lead agent and sole bookrunner. The Company will grant the Agent an option to increase the size of the Offering by up to 15% of the Units sold under the Offering [...]
Silver Hammer Mining is pleased to report high-grade silver assay results obtained during an early phase of exploration at the Company’s Eliza Project, plus the acquisition of the California Patent, a strategic claim within the Project area. Silver Hammer recently completed the purchase of the strategic California Mine Patent claim, which is located entirely within the Eliza Project claim block. The Patent covers an area [...]
Silver Hammer Mining Corp. is pleased to report that it has received permits to drill its past-producing Silverton Silver Mine located 129 kilometres northeast of the Tonopah silver district in Nevada. The drilling is part of an exploration program targeting extensions of the high-grade veins mined until the 1920s. This historic mine has seen only minimal modern exploration. The United States Department of the Interior's [...]
Silver Hammer Mining Corp. is pleased to provide an update on ongoing targeting and permitting work at the Company's Silver Strand and Silverton Projects, respectively. The Company has updated and refined its 3D model at its flagship Silver Strand Project with a series of proposed drillholes for a Phase II drill campaign that is designed to test continuity up to 220 metres below the existing mine workings and a further [...]
Silver Hammer Mining Corp. is pleased to report exploration results from a rock sampling and mapping program that has led to Company more than doubling the Silverton Project area through the staking of additional claims. The Silverton Project is located 129 kilometres northeast of the Tonopah silver district in Nevada and was acquired by the Company in 2021. Program Highlights: Obtained multiple rock-chip samples of [...]
Silver Hammer Mining Corp. is pleased to report results from newly acquired and previously unreleased high-grade drill intercepts from a 2002 drill program at the Silver Strand project in Idaho. Highlights: DDH02-001: 1,005 g/t Silver Equivalent over 2.2 metres DDH02-003: 1,219 g/t AgEq over 3.3 m DDH02-003: 1,876 g/t AgEq over 1.6 m DDH02-004: 1,609 g/t AgEq over 1.5 m "We are pleased to report these high-grade [...]
Silver Hammer Mining Corp. is pleased to provide a corporate update including corporate and exploration achievements in 2021 and plans for advancing the Company's portfolio of assets during 2022. The Company completed an IPO in early May 2021 and subsequently established an experienced and talented team, acquired three high-grade past-producing properties in top-tier jurisdictions and fast-tracked permitting and drilling [...]
Silver Hammer Mining Corp. is pleased to report results from the Company's recently completed initial Phase I drill campaign at the past-producing Silver Strand Mine located in Idaho, USA. Historical records at Silver Strand indicate the potential for both significant gold and silver mineralization within the upper part of the system, directly below the lowest surface level. All six drillholes cut through a 25 metre wide [...]
Silver Hammer Mining Corp. is pleased to report high-grade silver assays for a number of rock samples collected during its first sampling program at the Company's Eliza Silver Project in Eastern Nevada. A total of 73 rock-chip samples were collected in the vicinity of the historic Passynak Mine within the Eliza project area which lies on trend of the Hamilton mining district, Nevada's highest grade silver mining camp. An [...]
Silver Hammer Mining Corp. is pleased to report results from sampling, mapping and detailed hyperspectral satellite imaging programs at the Company's past-producing Silverton Project , located 129 kilometres northeast of the 174-million-ounce* Tonopah silver district in Nevada. A total of 35 rock chip samples and 111 soil samples were collected from the Project area with highlighted samples assaying up to 692 g/t silver [...]