Silver Strand Drill Program Encounters High Grade Intercepts

VANCOUVER - Silver Hammer Mining Corp. announced high-grade drill intercepts from a 2002 drill program at the Silver Strand project in Idaho. These include highlights of: DDH02-001: 1,005 g/t Silver Equivalent (“AgEq”) over 2.2 meters (“m”); DDH02-003: 1,219 g/t AgEq over 3.3 m; DDH02-003: 1,876 g/t AgEq over 1.6 m; and DDH02-004: 1,609 g/t AgEq over 1.5 m (including 2,071 AgEq over 1.0 m and 2439 AgEq over 0.6 m).

“We are pleased to report these high-grade, near-surface drill results from work done on the project by our predecessor in 2002. These newly acquired results, combined with our initial 2021 drill campaign, demonstrate consistent high-grade gold and silver values immediately beneath the existing mine workings,” said, President & CEO Morgan Lekstorm. “Based on an independent report1 we now know that the nearby Lucky Friday Mine, located 63.5 kilometers west of Silver Strand, known for its significant, ongoing silver production, was once Idaho’s largest gold producer, so it’s not surprising to us that we are seeing such strong gold mineralization in these near-surface drill holes. Furthermore, we’ve obtained both the drill core and assay certificates from the 2002 program allowing us to include this new data when preparing our first NI 43-101 mineral resource estimate at Silver Strand. The repatriation of this information has extremely high return on investment adding significant value for the company and our shareholders.”