High Grade Silver Samples At Silverton Silver-Gold Project

VANCOUVER - Silver Hammer Mining Corp. reported on the sampling, mapping and detailed hyperspectral satellite imaging programs at the Silverton Project, located 129 kilometers (km) northeast of the Tonopah silver district in Nevada. A total of 35 rock chip samples and 111 soil samples were collected from the Project area with highlighted samples assaying up to 692 g/t silver (Ag). Soil sampling focused on areas of anomalous gold and silver rock samples collected from a pediment area on the Project. Based on assay results and geological mapping, the Project appears to cover a volcanics-hosted gold system as well as a separate silver-dominated mineral system hosted by silicified limestone.

“We are excited by these results as they are the first clear indication of two mineralized precious metal systems existing on the Silverton Project—one marked by high-grade silver as was recovered from the historical Silverton Mine and the other consisting of disseminated lower-grade gold mineralization,” said, President & CEO, Morgan Lekstrom. “Furthermore, we are obtaining surface samples grading up to 692 g/t Ag and numerous additional samples with encouraging silver grades outside of our initial target area. We look forward to refining our target concepts and initiating a first phase of drilling at Silverton in 2022.”

The Silverton Project was acquired along with the Eliza Silver Project, which is also located in Nevada along strike from the Hamilton mining district. In addition to the new sampling results from Silverton, initial exploration and rock chip sample results from Eliza will also be reported during 04/2021.