Silver Hammer Commences Surface Exploration Program at the Eliza High-Grade Silver Project in Nevada

About this update from Silver Hammer Mining Corp

Vancouver, British Columbia--(Newsfile Corp. - July 27, 2026) - Silver Hammer Mining Corp. (CSE: HAMR) (OTCID: HAMRF) (the "Company" or "Silver Hammer") is pleased to announce the commencement of an extensive surface work program at the Eliza Silver Project ("Eliza") located in White Pine County, Nevada. The program will include a geological mapping, rock and soil sampling exploration program aimed at further defining and expanding on previous positive results to assist in the planned future drill program. Peter A. Ball, President & CEO of Silver Hammer, commented, "We are pleased to commence this important surface exploration program at our Eliza Silver Project in Nevada. This work represents the next step in unlocking the project's potential, with detailed rock sampling, geochemical surveys, and mapping designed to refine, prioritize and finalize our high-quality drill targets. While we continue to advance our Plan of Operations through the permitting process, which has experienced longer review timelines due to a significant permitting backlog across Nevada, this program allows us to efficiently utilize the time by further enhancing our geological understanding of the project. The results will help optimize drill targeting and position us to move quickly once drilling permits are received. We believe Eliza hosts significant exploration upside, and this work reinforces our commitment to advancing the project in a disciplined, systematic, and value-focused manner." The surface work program will commence in the Passayank historical mine area and will focus on a newly defined Au-Ag zone, previously referred to the "New Western Anomaly" in a prior press release dated October 25, 2022, where the Company plans to complete 400 additional soil samples. The Eliza project is proximal to the operating Pan Mine, the Mt. Hamilton Project, the Gold Rock property and the Green Springs property. A total of 530 soil and 50 rock samples were previously collected by the Company in the northern Eliza project area. Significant soil sample results were found over a broad 200 metre ("m") diameter Passayank area by the Company with results ranging from below detection limit up to 26.95 g/t silver ("Ag"). Overall, 14 soil samples assayed greater than 2 g/t Ag with anomalous copper, lead, antimony, and zinc. Of note, care and attention were given to eliminate any samples col...

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