Silver Hammer Mining Corp · CSE:HAMR
Silver Hammer Mining — Investor Presentation (March 2024)
29 slides from Silver Hammer Mining's investor presentation, March 2024
Slide 1: Building North America's Next Silver Producer
Building North America’s 1 Next Silver Producer SILVER HAMMER MINING CORP. | CSE:HAMR | OTCQB: HAMRF | FWB:7BW0 Q1 2024
Slide 2: Forward Looking Statements & Disclaimer
FORWARD LOOKING STATEMENTS & DISCLAIMER This corporate presentation of Silver Hammer Mining Corp. (“Silver Hammer” or the “Company”) and the information contained herein (the “Presentation”) is for informational purposes and is not an offer to sell or solicitation of an offer to buy securities of th
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS EXISTING PORTFOLIO OF THREE PAST PRODUCING SILVER MINES/DISTRICTS • High-grade “brownfield” assets including Silver Strand Mine, Idaho, Eliza Silver Project & Silverton Silver-Gold Project, Nevada. PENDING ACQUISITION OF SHAFTER PERMITTED SILVER MINE • Multi-million ounce permi
Slide 4: Shafter Silver Mine, Texas, USA Overview
Shafter Silver Mine, Texas, USA 1 Overview Silver Hammer Reached a Definitive Agreement to Acquire the Permitted Shafter Silver Mine Project and Announces Proposed Reorganization • Refer to News Release dated 28th September 2023 for details. SILVER HAMMER MINING CORP. | CSE:HAMR | OTCQB: HAMRF | FWB
Slide 5: Management & Technical Team/Advisors
MANAGEMENT & TECHNICAL TEAM/ADVISORS Management Notes President & CEO, Director Peter A. Ball, 30+ years with mine engineering, capital markets, and senior leadership experience; Eldorado, Hudbay, misc jrs. CFO, Director Alnesh Mohan, 25+ years financial senior level experience. Mining Senior Mining
Slide 6: Acquisition/Appraisal Criteria for Shafter
ACQUISITION/APPRAISAL CRITERIA FOR SHAFTER Key Appraisal Criteria Silver Hammer Management & Technical Team • Newly established experienced team put together in all stages of exploration, • Does the team have experience in acquiring, financing, building and operating development, engineering / prefe
Slide 7: Shafter Silver Mine, Texas
SHAFTER SILVER MINE, TEXAS Accessible Shaft / Hoist PEA Block Model and Mineral Resource Estimate (source: *MDA July 29, 2018, NI 43-101) Accessible Oversize Portal 7 • Fully Permitted • Existing Processing Plant • Extensive Site Infrastructure (Plant, Admin, Refinery) • Existing Full Water Rights •
Slide 8: Transaction Overview
TRANSACTION OVERVIEW • Entered into a definitive share purchase agreement to acquire a 100% interest in the Shafter silver deposit (the “Shafter Project”) on September 28, 2023, a previously producing high-grade silver mine located in Presidio County in Southwest Texas, from Aurcana Silver Corporati
Slide 9: Shafter Mine Location
SHAFTER MINE LOCATION • The Shafter project is located in southwestern Presidio County in southwestern Texas. • The sparsely inhabited town of Shafter is situated at the eastern end of the property, 40 miles south of Marfa and 18 miles north of the border town of Presidio, Texas. • The Shafter proje
Slide 10: Shafter Mine Overview & History
SHAFTER MINE OVERVIEW & HISTORY • Owned by Aurcana Silver (TSXV:AUN) • The Shafter district was first discovered in 1880 or 1881, and the Presidio Mining Company was formed in 1881. • Silver was produced from the Presidio mine from 1883 to 1926, when the American Metal Co. acquired the Shafter prope
Slide 11: Historical Drilling
HISTORICAL DRILLING • A resource development exploration program of diamond drilling would be directed to upgrade the bulk of the deposit to M&I resources, allowing a significant portion of the resource volume to pass onward to reserves estimation in a future PFS and full feasibility study. SILVER H
Slide 12: Extensive Infrastructure, Permits, Water Rights
EXTENSIVE INFRASTRUCTURE, PERMITS, WATER RIGHTS 12 All buildings remain from the 2012 to 2013 operations, with most of the original furnishings and accommodations remain from when the plant last operated in 2013. Buildings include: A 24,000 ft2 warehouse complex, which houses the maintenance and tru
Slide 13: Royalty Detail vs Mineral & Surface Rights
ROYALTY DETAIL vs MINERAL & SURFACE RIGHTS Section Section Section Section Section Section Section 11, 2 4S 5 9S 327, W 327, NE/4, Deed (1056) (1088) (1050, 1075) (1088) (1050,1074) NW/4 Surface 0% NSR 0% NSR 0% NSR 0% NSR 0% NSR 2% NSR No Mineral Town Lots 1060, 1060.1, 1068, 1080 6.25% NSR, $25 pe
Slide 14: Resources: RESPEC (MDA) Technical Report - 2023
RESOURCES: RESPEC (MDA) TECHNICAL REPORT - 2023 Estimated Resources* Tons oz/ton Tonnes g/tonne Contained Ag Ag Ag Ounces Measured 97,000 8.95 88,000 306.9 868,000 Indicated 1,055,000 9.42 957,000 323.0 9,935,000 Measured & Indicated 1,152,000 9.38 1,045,000 321.3 10,803,000 Inferred 823,000 7.67 74
Slide 15: Shafter: Local Geology
SHAFTER: LOCAL GEOLOGY Legend: Cretaceous Trinity Group • The key geologic features in • Presidio Fm the Shafter Ag Deposit area • Shafter Limestone are the basinal sedimentary Cretaceous Unconformity sequences, with substantial thickness of limestones Permian Limestone Horst occurring directly unde
Slide 16: Shafter: Resource Evaluation & Expansion
SHAFTER: RESOURCE EVALUATION & EXPANSAION • There appears to be an opportunity to add tonnage and ounces through incorporating mineralization volumes outside of the MDA mineralized envelope. o n e • GIS analysis of th Z S ou mineralized intervals 16 indicates there are viable infill and step-out dri
Slide 17: Shafter: Regional Geological Setting
SHAFTER: REGIONAL GEOLOGICAL SETTING Regional geological setting of Shafter Ag Deposit is on the eastern margin of the Chihuahua Trough, host of several CRD (Carbonate Replacement Deposits): 1. Santa Eulalia Mine (Grupo Mexico) - over a half billion troy ounces of silver and nearly 6 million tonnes
Slide 18: Shafter: Exploration Blue-Sky Opportunities
SHAFTER: EXPLORATION BLUE-SKY OPPORTUNITIES Gold potential: prospective telescoped CRD / IOCG Deposit SD142: 32’ @ 5.87 opt Ag (602-632’) 7’ @ 9.79 opt Ag (609-616’) SD168: 10’ @ 2.7 opt Ag (497-507’) 6’ @ 4.28 opt Ag (497-503’) X 18 SD264: 17’ @ 0.06 opt Au (383-400’) 8’ @ 0.09 opt Au (389-397’) SD
Slide 19: Shafter: Strategic Actions for Mine Restart
SHAFTER: STRATEGIC ACTIONS FOR MINE RESTART General: • Assemble highly technical team in geology, mining and metallurgy to re-open the Shafter Project. • Evaluate new and adjust existing equipment/process for variations in possible startup up options. • Evaluate past operating results and recoveries
Slide 20: Use of Proceeds
USE OF PROCEEDS Use of Proceeds (based on $3M to $5M capital raise): • Resource development drilling to further define resource and complete updated PEA by YE 2024 and advance to commencement of Feasibility Study by Q1 2025. üDefine minimum 8-10 Life of Mine Operation üWill include partial upgrading
Slide 21: Corporate Structure: Pro-Forma (as at March 1, 2024)
CORPORATE STRUCTURE: PRO-FORMA (as at March 1, 2024) Ticker Symbols: CSE:HAMR | OTCQB:HAMRF | FWB: 7BW0 Share Price: $0.15 Current Shares Outstanding: 54,191,412 Shares Issued to Aurcana to Acquire Shafter (deemed price of $0.25) 23,000,000 Shares Issued to Reduce Shafter Debt from $6.5M to $4.0M (d
Slide 22: Shafter Asset: Comparable Analysis
SHAFTER ASSET: COMPARABLE ANALYSIS Silver Hammer – Shafter Project: ü Tier-1 Jurisdiction $289.1 ü Permitted $269.1 Market Cap ü High-Grade Silver Resource (C$ MM) ü Mill/Processing on Site $165.5 $80.3 $46.0 $48.1 $55.1 $30.4 $34.3 $38.4 $12.8 Silver Hammer Company (Post Reyna Silver Kootenay Silve
Slide 23: Silver Strand Mine Project, Idaho
SILVER STRAND MINE PROJECT, IDAHO “Historical Silver Mine with Significant Gold Credits” • 2022 drilling • Large land position in Idaho's Silver Valley. • Mineralization traced across the entire project - up to 11.79 g/t Au at NW end. 2023/24 Exploration Plans and Recent Milestones: • Submit Plan of
Slide 24: Eliza High-Grade Silver Project, Nevada
ELIZA HIGH-GRADE SILVER PROJECT, NEVADA PROPERTY SIZE & LOCATION • 98 Claims or ~5.5km2; package increased since 2021 • Located in historic Hamilton Silver District at the SE portion of the Battle Mountain – Eureka Gold Trend in White Pine County, Nevada. HISTORY: • Surface assays: ~1965*: ü 802.44
Slide 25: Silverton Mine Project, Nevada: Past Silver Producer
SILVERTON MINE PROJECT, NEVADA: Past Silver Producer “Production at Grades up to 933 g/t Ag. No Modern-Day Exploration in 80 years” Property Location • Located in historic “Silver Alley,” 100km from Tonopah, NV adjacent to highway #6. • Drill permitted (13 pads) History: • Silverton deposit discover
Slide 26: Management & Directors
MANAGEMENT & DIRECTORS PETER A. BALL - PRESIDENT & CEO, DIRECTOR Mr. Ball has a track record of international leadership experience covering 30+ years in mining and finance, holding various senior management roles in mine engineering, capital markets and marketing, including Eldorado Gold, Hudson Ba
Slide 27: Directors (continued)
DIRECTORS (continued) LAWRENCE ROULSTON - DIRECTOR Lawrence Roulston is a mining professional with over 40 years of diverse hands-on experience and currently serves as a director of several companies listed on the TSX-V and the NYSE. He is the current Chairman of Metalla Royalties and founder of Wes
Slide 28: Share Capital Structure (as of March 1, 2024)
SHARE CAPITAL STRUCTURE (as of March 1, 2024) Ticker Symbols: CSE:HAMR | OTCQB:HAMRF | FWB: 7BW0 Shares Outstanding: 54,191,412 Options (2.1M @ $0.62; 1.935M @ $0.24): 3,685,000 Warrants (3.96M @ $0.50 – 06/24; 0.55M @ $0.38 – June/24; 3.64M @ $0.33 – 05/25): 8,689,924 Fully Diluted: 66,566,336 Mark
Slide 29: Contact Us
CONTACT US Company Contact: Peter A. Ball President & CEO, Director 778.344.4653 peter@silverhammermining.com WWW.SILVERHAMMERMINING.COM @SilverHMR Silver Hammer Mining Corp. SILVER HAMMER MINING CORP. | CSE:HAMR | OTCQB: HAMRF | FWB:7BW0 29
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