Welcome to our dedicated page for Silver Hammer Mining news (Ticker: HAMRF), a resource for investors and traders seeking the latest updates and insights on Silver Hammer Mining stock.
Silver Hammer Mining Corp. (HAMRF) generates news primarily through exploration updates, project acquisitions and corporate developments related to its silver-focused portfolio. The company describes itself as a junior resource company advancing past-producing high-grade silver projects in the United States, with additional exposure to gold and copper through its assets in Idaho, Nevada and British Columbia.
News releases frequently cover exploration activity at the Silverton Project in Nye County, Nevada, where Silver Hammer has completed surface mapping, sampling and reverse circulation drilling to test both a western silver-dominant system in silicified limestone and an eastern gold-dominant system in volcanic rocks. Updates from Silverton have included details on drill programs, alteration and silicification observed in drill holes, sampling campaigns, and the receipt of exploration drill permits and reclamation bonding.
Silver Hammer’s news flow also includes results and interpretations from drilling at the Silver Strand Project in the Coeur d'Alene Mining District in Idaho, where the company has tested gold-silver mineralization beneath and along strike from historical mine workings. These releases often discuss assay results, structural interpretations, host rock characteristics and the use of geophysical data to refine three-dimensional models and define new drill targets.
Additional company announcements address project-level transactions and corporate actions. Examples include an option agreement to acquire a 100% interest in the Fahey Group Property in the Silver Valley of Idaho, which is described as a strategically located and largely unexplored silver property, as well as board appointments, technical advisor engagements, stock option grants and share-based debt settlements. Investors following HAMRF news can expect regular updates on exploration programs, permitting milestones, property acquisitions and changes in the company’s technical and corporate leadership.
For those tracking Silver Hammer Mining Corp., the news stream provides ongoing context about how the company is advancing its silver projects, allocating exploration expenditures and managing its project pipeline across Idaho, Nevada and British Columbia.
Silver Hammer Mining Corp. (CSE: HAMR; OTCQB: HAMRF) has appointed Peter A. Ball as its new President and CEO, replacing Warwick Smith, who remains as an Advisor. Ball has over 30 years of experience in the minerals sector and has successfully led precious metals companies through growth phases. He highlighted Silver Hammer's strong portfolio of past-producing silver-gold projects in Idaho and Nevada, which are drill-ready and positioned for significant shareholder value creation. Additionally, Ball was granted stock options for 750,000 shares at $0.24 per share, as part of an option plan that includes 1,000,000 options granted to other company stakeholders.
Silver Hammer Mining Corp. (CSE: HAMR; OTCQB: HAMRF) announced promising results from its Phase II drilling program at the Silver Strand Project. Out of nine drillholes, six returned significant mineralization, including 2.9 g/t Au and 613 g/t Ag in certain intersections. The drilling extended the mineralized zone beyond previous workings, showcasing a promising potential for further discoveries. The company plans to update its 3D model of the deposit, aimed at enhancing drilling targets across the 5.85 km² property.
Silver Hammer Mining Corp. (CSE: HAMR; OTCQB: HAMRF) has appointed Warwick Smith as Interim President and CEO, following Morgan Lekstrom's resignation. Smith, a longstanding advisor, emphasizes the company's strong position with cash and high-grade assets, anticipating assay results from the Silver Strand Project soon. He cites a queue of promising drill targets and potential joint ventures to enhance shareholder value. Smith brings valuable experience from previous executive roles, including CEO of America Pacific Mining Corp.
Silver Hammer Mining Corp. (CSE: HAMR; OTCQB: HAMRF) announced significant soil sampling results at the Eliza Project, revealing anomalies extending beyond historical mine areas. A total of 518 samples showed silver grades ranging from below detection to 26.95 g/t, with 39 samples exceeding 1 g/t. Key areas include the Passynak, Belmont, and California mines, with a new Western Anomaly identified. The company emphasizes a modern exploration approach, aiming for cost-effective exploration while maintaining a robust treasury. Results suggest extensive mineralization potential.
Silver Hammer Mining Corp. (CSE: HAMR; OTCQB: HAMRF) has successfully completed the first drillhole of its 11-hole Phase II diamond drill program at the Silver Strand Project in Idaho. This program aims to expand known silver-gold mineralization and explore new targets based on comprehensive surveys and previous drilling results. Approximately 1,100 meters of drilling is planned, with results anticipated in Q4/2022. The company, focusing on past-producing mines, believes the potential for new discoveries at Silver Strand is excellent.
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Silver Hammer Mining Corp. (CSE: HAMR; OTCQB: HAMRF) announced the initiation of an 11-hole Phase II diamond drill program at its Silver Strand Project in Idaho, set to commence by the end of July 2022. This program aims to expand the known silver-gold zone and investigate additional mineralized chutes, using data from previous explorations. The company has contracted Nasco Industrial Services for drilling operations and is also advancing exploration at its Eliza Project in Nevada with soil sampling results expected soon.
Silver Hammer Mining Corp. (CSE: HAMR/OTCQB: HAMRF) reported high-grade silver assay results from its Eliza Project in Nevada, alongside the acquisition of the strategic California Mine Patent claim. The recent sampling program yielded significant silver and base metal concentrations, including samples with up to 1,290 g/t silver. The company sees potential for further mineralization related to copper deposits. Ongoing field work includes soil sampling and planned geophysical surveys to define drilling targets for the project.
Silver Hammer Mining Corp. (CSE: HAMR/OTCQB: HAMRF) has received a two-year exploration permit from the BLM for its Silverton Silver Mine in Nevada, allowing for up to 13 drill sites and 8,530 feet of drilling. The permit, effective March 17, 2022, enables the company to explore areas around the historic high-grade mine, which has seen minimal modern exploration. CEO Morgan Lekstrom indicated that securing this permit is a significant step towards advancing their exploration efforts, enhancing their overall land package to 620 acres.
Silver Hammer Mining Corp. (CSE: HAMR/OTCQB: HAMRF) has announced updates on its Silver Strand and Silverton Projects. The company has refined its 3D model at Silver Strand and plans a Phase II drill campaign with 17 proposed drill holes totaling 2,200 meters to test mineral continuity. They are also preparing for a Phase II program in Q2 2022. Additionally, Silver Hammer applied for drill permits at the Silverton Project, aiming for completion by late Q2 2022. The company’s AGM is set for March 31, 2022, following the resignation of a board member.
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