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Silver Hammer Mining Corp (HAMR)

CBOE Canada
Currency in CAD
Disclaimer
0.10
-0.01(-5.00%)
Closed

HAMR Comments

Silver Hammer's Phase 2 drilling at Silver Strand project yields highly encouraging results, showing potential for high-grade mineralization with 6 of 9 drill holes returning >100g/t Ag and/or >1g/t Au. Results extend mineralization further along strike, enabling potential for more discoveries in future drilling campaigns.
I just checked out an interview with the HAMR’s new interim CEO, long-time strategic advisor and major shareholder, Warwick Smith, sharing some insights on the major opportunities the company faces including their strong management team and high potential projects. Projects that include their Silver Strand located in one of the most prolific silver belts in the world (producing 1.2B oz silver), incredibly underexplored and only shallow work done regionally with major expansion potential. Compared to neighboring peers, Silver Strand’s surface grades are way higher, only further amplifying the significant discovery potential.
Promising results from the soil sampling at Eliza, out of the 518 samples, 39 returned grades above 1 g/t Ag up to 26.95 g/t Ag (grades above 0.5 g/t are already considered highly anomalous/could indicate potential systems). Looking forward to seeing how they're able to build off of this soil sampling and the newly identified mineralization zone.
HAMR CEO Morgan Lekstrom is featured in a new episode of Hunting Hidden Treasures. Great discussion on his background, how he started in mining, the importance of creating legacy mines and some updates from their ongoing projects in Idaho and Nevada. The concept of legacy mines seems core to the company’s brand, delivering on major historic past producers effectively while leveraging the concept of high impact, low cost work. When they build a legacy project they are ensuring how this new mine will directly impact the communities in a positive way. YouTube video titled: Morgan Lekstrom Fell in Love with the Industry Right Away
Check out this backstage interview from the Metals Investor Forum where Silver Hammer CEO Morgan Lekstrom answers questions about their projects all located in great jurisdictions (Idaho, Nevada, BC) home to historical monster mines including a past-producing mine that’s only ever mine up to 90 meters with no testing previously done. The samples they’ve since done are reporting high grade silver and gold and getting it consistently at long strike. Definitely something interesting going on at their projects- not only high silver and copper grades but also high copper and zinc grades too. Video on YouTube titled: Morgan Lekstrom of Silver Hammer Mining talks to Peter Krauth at the Sep. 2022 Metals Investor Forum
Silver Hammer reported a significant discovery of diversified mineral resources at their Eliza project with readings like 6.88% copper and 7.4% zinc - in addition to the impressive high-grade silver discoveries. Sharing a new link to the Silver Hammer presentation from the Metals Investor Forum without needed timestamp - HAMR CEO Morgan Lekstrom discusses this and the news from their 4 projects. Video on YouTube titled: Morgan Lekstrom of Silver Hammer Mining talks to Peter Krauth at the Sep. 2022 Metals Investor Forum
“Not only are we getting high grade silver (1540 g/t Ag) we were also getting up to 7% copper and Zinc, so there’s something significant going on there… They mine copper at well below 1% grades.” With these results they’ll redefine high-priority drill targets with their low impact/low cost method. Video on YouTube titled: Wall Street Silver and Silver Hammer Discuss the Eliza Project in Nevada
Sharing a replay from Silver Hammer’s presentation from the 09/10 Metals Investor Forum with President/CEO Morgan Lekstrom delivering an excellent (and concise) presentation on their progress across multiple high-potential, ultra-grade, past-producing projects. Really articulating the effectiveness of their low cost / low impact project philosophy. Presentation starts at the 2:38:00 mark. metalsinvestorforum,com/virtual-forums/
Silver Hammer is scheduled to present on day 2 of the Metals Investor Forum held in-person in Vancouver on September 9-10. Good opportunity if you’re in the area to hear first-hand insights on the progress of their ongoing Phase II drilling at their past-producing Silver Strand project. Registration is online
Assay results from Silver Hammer’s 7-week Phase II Drill program at their past-producing Silver Strand project are expected to come in Q4/2022. Last week they announced promising progress with the completion of the first of 11 drill holes planned. FYI - WallStreetSilver’s Jim Lewis recently revealed that HAMR is his largest silver position - based on their portfolio of advanced past producing projects with high potential for discovery and near-term production.
WallStreetSilver’s Jim Lewis recently sat down in an interview with Resource Stock Digest revealing that his largest silver position is with Silver Hammer. Bullish sentiments around HAMR projects with their portfolio of past-producing assets that have high potential for discovery and near-term production. Recent results from phase II drilling at Silver Strand have only further fueled the interest. Find video on YouTube titled: Wall Street Silver Reveals His Biggest Silver Stock Position: Silver Hammer (CSE: HAMR)(OTC: HAMRF)
Silver Hammer update: completing first of 11 holes as part of their Phase II drill program at Silver Strand. High potential for making additional discoveries finding new high-grade zones of gold-silver mineralization.
SilverHammer recently presented at the OTCQB Venture Virtual Investors Conference - a unique opportunity for the company’s president and CEO, Morgan Lekstrom to present at a ‘tech’ centric forum. Great opportunity to hear of the company’s 3 highly prospective Silver-Gold projects and the company’s unique and effective process leveraging technology to revitalize massive past-producing projects with some that haven’t seen work as far back as the 1800s. Search on YouTube for video titled: Virtual Investor Conferences: Silver Hammer Mining (OTCQB: HAMRF | CSE: HAMR)
Last episode in the 3-part executive interview podcast series from ACF Equity Research has some great content from Silver Hammer’s CEO Morgan Lekstrom discussing the company’s investment case and the great progress they’ve made in their first year of inception 'three super strong assets, one in Idaho and two Nevada and we're exploring those… We're trying to show there is a potential and Silver Hammer not only has one shot on goal we have three high potential, low risk projects and when you're looking at a company, you look at jurisdictional risk.' Find the interview on the ACFequityresearch page - 3 part Silver Hammer podcast
Silver Hammer recently held a corporate update webinar - check out the replay for insights on their 3 main projects and details on their effective re-exploring techniques using less resources and delivering faster speed by drilling into past disrupted soil. Eliza will be especially interesting, historic high-grade producer with samples up to 1510g/t Ag & 7.7% Cu - no work there since 1800s. Search on YouTube for the video titled: Silver Hammer Mining - Corporate Update - July 2022
Just in: Silver Hammer has commenced an induced polarization resistivity survey at their past-producing Silver Strand project (Idaho). This survey will track known mineralized zones laterally and search for parallel mineralized zones. The data will be used concurrently with data from a recent drone-supported magnetic survey to assess and enhance both underground and surface targets.
Recommend everyone to check out a recent 3 part podcast series from ACF Equity Research where they interview Silver Hammer CEO on the company’s significant ESG efforts re: underground work and insights on their Silverton Silver projects - a historically proven high-grade deposit that hasn’t seen work since the 1930s. Phase 3 drilling commences this month with 11 holes planned. Google ACFEquityResarch + Silver Hammer
Some key things to note as we enter into the phase 2 program in Idaho: It will focus on expanding the known silver-gold zone down-dip and will also assess the potential for additional mineralized chutes and the targets will be based on exploration work from 2021 (which confirmed that silver and gold-bearing sulphide mineralization extends beneath the historic mine workings. All six drill holes from Phase I find significant Au-Ag mineralization, so I’ll be looking to see how they're able to build off of the results for this phase.
Silver Hammer has just announced plans to commence phase 2 diamond drilling at their Silver Strand mine by the end of July. This is for work at their established underground drilling station with 11-holes planned. Targets have been identified based on previous exploration work conducted by the company in 2021, phase 1 results and integrated historical data from previous Silver Strand owners.
Silver Hammer announces drill results from phase 1 drilling at their Silver Strand Property. Historical records at Silver Strand have indicated potential for both significant gold and silver mineralization within the upper parts of the system, directly below the lowest surface levels.Phase 1 drilling included 6 drill holes with extremely encouraging results across all 6 drill holes in this initial campaign cutting across significant Au-Ag mineralization. These results are so near the surface and so shallow they could not be more accessible. They’ll be able to quickly and cost-effectively use existing underground infrastructures and create new drilling stations that are easily accessible.Investors are liking this result so far, but there’s still time to get in on rock-bottom prices to scoop up a deal in this extremely promising microcap miner (20M OS) - prices as of post are at a steal of $0.71
$HAMR has been on a wild run, hitting historic highs and I am not selling. They're only one month into their first drill program at Silver Strand ahead of what will likely be a successful program based on historic yielded assays close to 2kg/t silver.
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