Plan of Operations For Exploration Program At High-Grade Eliza Silver Project

VANCOUVER - Silver Hammer Mining Corp. has submitted a Plan of Operations to the Humboldt-Toiyabe National Forest Ranger District of the United States Forest Service (USFS) to explore its Eliza Silver Project located in White Pine County, Nevada.

"The submission of the Plan of Operations is another critical step as we move towards examining the potential for significant mineralization at Eliza, which has seen little to no modern exploration despite a history of high-grade past production," said Peter A. Ball, President & CEO. "We will begin by executing a property-wide geophysical program by early June and will continue to inform the market as we advance through this systematic exploration process and begin to generate results."

The Plan of Operations proposes 17 drill sites, 1.3 kilometers of road construction and rehabilitation, and up to 2,100 meters of drilling. It outlines a comprehensive exploration program at Eliza, including an aerial geophysical program, geologic mapping and structural analysis. The program will follow up on results from 2021 and 2022 geologic mapping and soil and rock sampling, which identified multiple drill targets located in the northern part of the property. The Company has prioritized drill targets that consist of numerous locations, which reported high-grade silver, copper, lead and zinc hosted in carbonate replacement deposits (CRD) containing sulfide mineralization. Previous rock samples yielded results up to 1,540 grams per tonne silver, 7.7% copper, 15% zinc, and 11% copper.