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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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