Silver Hammer Advances to Phase One Drill Program at Its 100% Owned Silverton Project in Nevada
Silver Hammer (HAMRF) has engaged Alford Drilling and Modern Land and Development to begin a Phase 1 RC drill program at its 100%‑owned Silverton Project in Nye County, Nevada. The program comprises up to 8 reverse circulation holes totalling up to 5,000 feet and is planned to commence by the second week of November 2025.
Targets focus on testing down‑dip continuity beneath historic high‑grade workings from the 1930s–1950s; company sampling returned up to 692 g/t Ag and multiple samples >100 g/t Ag. Silver Hammer is also assembling an exploration plan for the recently acquired Fahey Group silver project in Idaho and finalizing Plan of Operations permitting for the Eliza Project.
Silver Hammer (HAMRF) ha incaricato Alford Drilling e Modern Land and Development per avviare un programma di perforazione RC di Fase 1 nel suo progetto Silverton, di proprietà al 100%, a Nye County, Nevada. Il programma comprende fino a 8 pozzi a circolazione inversa per un totale fino a 5.000 piedi e prevede l’inizio entro la seconda settimana di novembre 2025.
Gli obiettivi si concentrano sul test della continuità in giù lungo la parete sotto le operazioni storiche ad alto grado dagli anni ’30 agli anni ’50; i campioni della società hanno riportato fino a 692 g/t Ag e multipli campioni >100 g/t Ag. Silver Hammer sta inoltre predisponendo un piano di esplorazione per il recentemente acquisito progetto d’argento Fahey Group in Idaho e sta finalizzando l’autorizzazione al piano di operazioni per il Progetto Eliza.
Silver Hammer (HAMRF) ha contratado a Alford Drilling y Modern Land and Development para iniciar un programa de perforación RC de Fase 1 en su Proyecto Silverton, 100% propiedad, en Nye County, Nevada. El programa comprende hasta 8 pozos de circulación inversa con un total de hasta 5,000 pies y está previsto que comience para la segunda semana de noviembre de 2025.
Los objetivos se centran en probar la continuidad a lo largo de la falla hacia abajo bajo las labores históricas de alto grado de las décadas de 1930 a 1950; el muestreo de la empresa arrojó hasta 692 g/t Ag y múltiples muestras >100 g/t Ag. Silver Hammer también está preparando un plan de exploración para el recientemente adquirido proyecto Fahey Group de plata en Idaho y finalizando la permisos para el Plan de Operaciones del Proyecto Eliza.
Silver Hammer (HAMRF)은 네바다 주 나이 카운티에 위치한 100% 소유의 Silverton 프로젝트에서 1단계 RC 드릴 프로그램을 시작하기 위해 Alford Drilling 및 Modern Land and Development를 고용했습니다. 이 프로그램은 최대 8개의 역순환 구멍을 포함하며 총 5,000피트에 이를 것이고 2025년 11월 둘째 주까지 시작될 예정입니다.
목표는 1930년대에서 1950년대의 고등급 매장 지하의 과거 운영 하부의 연속성을 테스트하는 데 집중합니다. 회사의 시료에서 692 g/t Ag 및 다수의 샘플 >100 g/t Ag가 확인되었습니다. Silver Hammer는 또한 Idaho주에서 최근 인수한 Fahey Group의 은 프로젝트에 대한 탐사 계획을 구성하고 Eliza 프로젝트의 운영 계획 허가를 확정 중입니다.
Silver Hammer (HAMRF) a confié à Alford Drilling et Modern Land and Development le soin de lancer un programme de forage RC de phase 1 sur son projet Silverton, détenu à 100 % et situé dans le comté de Nye, Nevada. Le programme comprend jusqu’à 8 puits à circulation inversée totalisant jusqu’à 5 000 pieds et devrait débuter d’ici la seconde semaine de novembre 2025.
Les objectifs visent à tester la continuité en aval le long de la faille sous les anciennes opérations de haut grade des années 1930–1950 ; les échantillons de la société ont donné jusqu’à 692 g/t Ag et plusieurs échantillons >100 g/t Ag. Silver Hammer prépare également un plan d’exploration pour le projet d’argent Fahey Group récemment acquis dans l’Idaho et finalise l’autorisation du Plan d’Opérations pour le projet Eliza.
Silver Hammer (HAMRF) hat Alford Drilling und Modern Land and Development beauftragt, ein Phase-1 RC-Bohrprogramm am voll eigentümergeführten Silverton-Projekt im Nye County, Nevada, zu beginnen. Das Programm umfasst bis zu 8 Umkehrbohrungen mit insgesamt bis zu 5.000 Fuß und soll in der zweiten Novemberwoche 2025 beginnen.
Ziele sind darauf ausgerichtet, die Abwärtskontinuität unter den historischen hochgradigen Lagerstätten aus den 1930er–1950er Jahren zu testen; Proben des Unternehmens ergaben bis zu 692 g/t Ag und mehrere Proben >100 g/t Ag. Silver Hammer arbeitet außerdem an einem Explorationsplan für das kürzlich erworbene Fahey Group Silberprojekt in Idaho und an der Finalisierung der Plan of Operations-Genehmigung für das Eliza-Projekt.
سيلفر هامر (HAMRF) قد تعاقدت مع شركة Alford Drilling وModern Land and Development لبدء برنامج حفر RC للمرحلة 1 في مشروع Silverton المملوك لها بنسبة 100% في مقاطعة ناى بنفادا. يتكون البرنامج من حتى 8 حُفر دوّارة عكسية بإجمالي حتى 5,000 قدم ومن المقرر أن يبدأ قبل الأسبوع الثاني من نوفمبر 2025.
تركّز الأهداف على اختبار الاستمرارية إلى الأسفل تحت أعمال تاريخية عالية الدرجة من الثلاثينيات إلى الخمسينيات؛ وقد أظهرت أنماط الشركة حتى 692 ج/طن من الفضة وعدة عينات >100 ج/طن من الفضة. كما تعمل Silver Hammer على وضع خطة استكشاف للمشروع الفضي Fahey Group الذي تم الاستحواذ عليه مؤخرًا في أيداهو وتقوم باستكمال التصاريح لخطة العمليات لمشروع Eliza.
Silver Hammer (HAMRF) 已与 Alford Drilling 和 Modern Land and Development 签约，在其 100% 所有的 Silverton 项目（内华达州奈县）开展 阶段 1 RC 钻探计划。该计划包括最多 8 个反循环钻孔，总长度最高 5,000 英尺，计划在 2025 年 11 月的第二周前开始。
目标侧重于在1930s–1950s 的历史高品位矿房下方测试向下的延展性；公司样本回收显示最高 692 g/t Ag，以及多份样品>100 g/t Ag。Silver Hammer 还在为最近收购的爱达荷州 Fahey Group 银矿项目制定勘探计划，并完成 Eliza 项目作业计划许可的最终化工作。
- Phase 1 drill planned: up to 5,000 feet in 8 RC holes
- Historic high grades at site: in‑house samples up to 692 g/t Ag
- Historic production small: under 100,000 tons shipped through 1953
- Phase 1 scale limited: up to 5,000 feet may not define a resource
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2025) - Silver Hammer Mining Corp. (CSE: HAMR) (the "Company" or "Silver Hammer") is pleased to announce that the Company has engaged Alford Drilling, LLC of Elko, Nevada to complete the Phase 1 Drill Program for its
"The Company will finally test below the high-grade Silverton underground workings," commented Peter A. Ball, President & CEO. "It is always an exciting point when you have the opportunity to test below a previously operating high-grade silver mine that closed nearly 80 years ago! The Company is also currently putting together an initial exploration plan to review the Fahey Group Silver Project that was recently acquired in Idaho, and in addition also finalizing the Plan of Operations permitting for the Eliza Project, where multiple historical high-grade silver mines have been awaiting modern day exploration and drilling for over 80 years. It will be a busy year ahead for Silver Hammer and we appreciate our shareholders patience and support."
Silverton Project, Nevada
Silver Hammer has identified several targets at its Silverton Project and currently has multiple drill targets identified. The Company's technical team has ranked and prioritized the key targets at Silverton designed to initially test the mineralized area proximal to, and under, the historic high-grade, near surface mine workings with up to eight (8) RC drill holes, totalling up to 5,000 feet. The drill program is designed to test primarily for down-dip continuity of the high-grade silver mineralization previously mined in the 1930s and 1950s.
Previous Company exploration work, including rock and soil sampling, geologic mapping and satellite imagery, provided evidence for two separate mineralized systems: an eastern, gold-dominant system and a western, silver-dominant system. Prior exploration on the volcanic-hosted, gold system returned grades ranging from 0.06 grams per tonne ("g/t") to 6.1 g/t gold ("Au"). The silver dominated mineral system is hosted by silicified limestone with grades ranging from 0.32 g/t silver ("Ag") to 692 g/t Ag, from Company exploration work (please refer to the Company's press release dated November 29, 2021 for previous disclosure).
Silver was discovered at the Silverton Mine in 1921. Small-scale production is recorded from the 1930s and the mine produced its last shipment in 1953, totalling less than 100,000 tons, with historic production grades ranging from 300 g/t Ag to 933 g/t Ag (Source: westernmininghistory.com and thediggings.com). In addition to the identified 100-foot shaft and underground workings (five known adits), the area to the west and the north of the mine shaft has been the subject of only surface exploration comprised of numerous small test pits and trenches. In-situ rock samples by the Company (chip and channel) returned silver grades, up to 692 g/t Ag, with a further six samples having returned over 100 g/t Ag, from this Central Zone from past mining, pitting and trenching; the Central Zone measures approximately 1,000 feet in diameter (refer to Figure 1).
Figure 1: Silverton Mine, Project Geology and Exploration Map Fall 2025
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9597/272350_9d78a729e4a54957_001full.jpg
The Silverton Mine Silver Project is situated within the Williams Ridge Caldera, near its eastern rim. The caldera is a large-scale structure, over 30 miles in diameter, with ring faults, radial faults and low-angle faults providing ample conduits for hydrothermal solutions following the Tertiary eruption of rhyolitic magmas, forming ash-flow tuffs within the caldera structure. The lithologic unit overlying the caldera magma chamber was thick Devonian sedimentary units, predominantly dolomite, with intercalated arenite, a setting which may be prospective for CRD-type mineral occurrence in the carbonates and epithermal-type in the tuff units.
Alteration noted in area has been mapped as pervasive weak silicification in the Devonian-aged carbonate units and weak argillic in the Tertiary-aged tuffs. Alteration intensifies in two areas of the property, in the vicinity of mapped faults and shears:
- In the western portion of the property, in the Central Zone, in proximity of the intersection of the N-S Silverton and the E-W Basin Faults, silicification comprises veins, zones of stockwork and occurrences of jasperoid with significant silver mineralization — the primary drill target.
- In the eastern portion of the property an area of quartz veinlets and extensive jasperoid alteration with gold mineralization forms a secondary exploration target.
Qualified Person
The scientific and technical aspects of this press release have been reviewed and approved under the supervision of Damir Cukor, P.Geo. Mr. Cukor is a Qualified Person (QP) under National Instrument 43-101 Standards of Disclosure for Mineral Projects and as a consultant for the Company as Technical Director — Projects.
About Silver Hammer Mining Corp.
Silver Hammer Mining Corp. is a junior resource company focused on advancing past-producing high-grade silver projects in the United States. Silver Hammer controls
On Behalf of the Board of Silver Hammer Mining Corp.
Peter A. Ball
President & CEO, Director
E: peter@silverhammermining.com
For investor relations inquiries, contact:
Peter A. Ball
President & CEO
778.344.4653
E: investors@silverhammermining.com
Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information in this press release includes, without limitation, statements relating to the Offering, the intended use of proceeds from the Offering, and other statements which are subject to a number of conditions, as described elsewhere in this news release. These statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding the mining industry, commodity prices, market conditions, general economic factors, management's ability to manage and to operate the business, and explore and develop the projects of the Company, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of the Company may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assume no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272350
FAQ
What is the scope and timing of Silver Hammer's November 2025 drill program at Silverton (HAMRF)?
Who is contracted to drill and prepare the Silverton Project for Silver Hammer (HAMRF)?
What historic and recent silver grades has Silver Hammer reported at Silverton (HAMRF)?
What is the primary drill target at the Silverton Project for Silver Hammer (HAMRF)?
Does Silver Hammer plan exploration beyond Silverton (HAMRF)?
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