Business
Silver Hammer Mining Provides Corporate Overview and 2023 Outlook and Guidance
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2023) - Silver Hammer Mining Corp. (CSE: HAMR) (OTCQB: HAMRF) (FSE: 7BW0) (the "Company" or "Silver Ham
About this update from Silver Hammer Mining Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 27, 2023) - Silver Hammer Mining Corp. (CSE: HAMR) (OTCQB: HAMRF) (FSE: 7BW0) (the \"Company\" or \"Silver Hammer\") is pleased to provide a corporate update and overview outlining the Company's key strategic objectives for 2023. \"Silver Hammer is well positioned in 2023 to advance its three 100% owned brownfield high-grade silver projects in Idaho and Nevada,\" commented President & CEO, Peter A. Ball. \"The recent addition of industry veteran Don Birak further strengthens our existing technical team, which includes Ron Burk, Lawrence Roulston, and Phil Mulholland, so we can ensure our shareholders that we can execute a discovery focused exploration plan at our Silver Strand, Eliza and Silverton projects. In addition, we continue to review new projects that would be accretive to our strategy of becoming a leading exploration and development company in North America.\" Project Updates and Next Steps: Silver Strand Project, Idaho The Company plans to follow up on recent exploration results at its Silver Strand Project in Idaho by executing an aggressive property-wide exploration plan. The majority of surface samples collected across the property have returned gold and silver mineralization, and historical and recent drilling completed by Silver Hammer in 2021 and 2022 highlighted high-grade silver and gold mineralization below the lowest level (90 metres) of the mine. The Company is currently finalizing the compilation of a property-wide geophysical interpretation - including Induced Polarization (\"IP\")/Resistivity, Very Low Frequency (\"VLF\") and Unmanned Aerial Vehicle (\"UAV\") magnetic surveys - as part of the Plan of Operations (or \"Plan\") to be submitted in April 2023 to the United States Forest Service (\"USFS\"). The Plan will include a detailed exploration program, including geologic mapping, structural interpretation, soil geochemistry, targeting, and identification of areas ready for drilling. Additionally, the Company aims to increase its property holdings through district-wide accretive property acquisitions and expansion. Highlighted historical drill results and drill results completed by Silver Hammer (2021/2022) (refer to the Company's website for detailed disclosure): Drill Hole # Au Grade(g/t) Ag Grade(g/t) Length(m) DDH02-001: 9.76 24.50 2.20 DDH02...