Business
Silver Hammer Mining Discovers High-Grade Silver Below Historical Workings at Its 100% Wholly Owned Silverton Silver Mine Property, Nevada
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2026) - Silver Hammer Mining Corp. (CSE: HAMR) (the "Company" or "Silver Hammer") is pleased to announce
About this update from Silver Hammer Mining Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - April 7, 2026) - Silver Hammer Mining Corp. (CSE: HAMR) (the \"Company\" or \"Silver Hammer\") is pleased to announce positive assay results from its Phase 1 drill program on the 100% owned Silverton Silver Mine Project (\"Silverton\") in Nye County, Nevada. \"After experiencing issues in the assay lab, and resampling the drill holes, the Phase 1 drill targets beneath the 100% owned historical Silverton mine have produced encouraging results. The targeted major faults and mineralized structures are now interpreted to continue below the shallow historic workings as mineralized shoots. Exploration vectors point downward along these newly identified zones, indicating the potential discovery of a chimney and manto CRD-type of silver mineralization at depth below the existing Silverton mine workings,\" commented Peter A. Ball, CEO of Silver Hammer Mining. \"Grab samples at surface assayed up to 581 g/t Ag, and drillhole grades assayed up to 361 g/t Ag over 1.5m beneath existing workings. Work to date will assist our technical team to further explore for a potential large feeder zone beneath the Silverton mine.\" Phase 1 drilling comprised six drill holes totalling 738 metres, drilled in the Central Zone of the Western Silver Zone, in vicinity of the Silverton Mine workings, and on the Eastern Gold Zone, characterized by parallel zones of jasperoid alteration (see Fig. 1). Fig. 1 - Silverton Project, Mineralized Zones and Phase 1 Drilling. Mineralization has been confirmed by fire assay (Au) and multielement ICP analysis. Zones of alteration - silicification in the western portion of Silverton host silver while the jasperoid mineralization in the Eastern Gold Zone is host to gold; mineralized intercepts are listed below in Table 1. Table 1. Mineralized Intercepts (Phase 1 Drilling, Q4, 2025) Hole No. From (m) To (m) Interval (m) Au (ppm) Ag (ppm) SLV25-001 36.57 41.14 4.57 0.240 8.25 SLV25-001 109.73 120.39 10.66 0.004 21.04 SLV25-002 138.68 140.20 1.52 0.017 163 SLV25-003 6.10 16.76 10.66 0.045 63.69 Includes: 7.62 9.14 1.52 0.050 361 SLV25-003 86.87 91.44 4.57 0.026 34.62 SLV25-004 19.81 30.48 10.67 0.041 52.09 Includes: 24.38 25.91 1.53 0.023 152 SLV25-005 0.00 7.62 7.62 0.343 1.02 Includes: 3.05 6.10 3.05 0.554 2.03 SLV25-006 15.24 18.29 3.05 0.408 0.52 N.B.: Drill holes were fanned ...