Silver Hammer Mining Corp. Stakes Extra Claims at Eliza Challenge in Nevada and Experiences Preliminary Sampling Outcomes from the Previous-Producing Silverton Mine

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VANCOUVER, British Columbia, Oct. 07, 2021 (GLOBE NEWSWIRE) — Silver Hammer Mining Corp. (CSE: HAMR / OTC: HAMRF) (“Silver Hammer” or the “Firm”) is happy to report that it has staked a further 52 new claims at its Eliza Silver Challenge within the historic Hamilton District of Nevada, greater than doubling its land bundle.

The Eliza Silver Challenge is situated alongside the south facet of the Eberhardt fault, reverse the past-producing Treasure Hill Mine within the Hamilton Mining District, Nevada’s highest-grade silver district producing 40 million (M) ounces (oz) silver with historic mined ore grades of as much as 18,700 grams per tonne (g/t) between 1860-1872. Floor samples as excessive as 25,000 g/t had been collected within the Nineteen Sixties.¹

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With the addition of those new claims, the Eliza land bundle now contains 88 claims totaling 5.52 sq. kilometres, (see Determine 1).

Determine 1. Eliza silver complicated, Hamilton, Nevada, included beforehand reported floor samples. (See September 9, 2021 Information Launch for complete sampling information). 
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“Our preliminary exploration work has recognized mineralization that extends onto these newly acquired claims alongside the decrease half of the Eliza undertaking,” said President Morgan Lekstrom. “We’re presently conducting a mapping and geochemistry program on the property the place we see vital potential for discovery in areas which have by no means been explored utilizing fashionable exploration methods. We are going to use this information to plan an intensive preliminary exploration program focused for early 2022.”

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Moreover, preliminary outcomes from a sampling program on the Firm’s Silverton Mine, a undertaking sharing related geology and Aster signature to Kinross Gold’s Spherical Mountain undertaking situated roughly 108 kilometres to the west, have confirmed floor gold mineralization on the east facet of the property. A pattern of 6.1 g/t gold was taken from the silicified tuff (see Determine 2).

Determine 2. Silverton declare structure with northeast sampling displaying 6.1 g/t gold from a floor pattern
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The Firm additionally pronounces that David Grandy has stepped down as a director of the Firm to be able to pursue different alternatives. The Firm thanks Mr. Grandy for his companies, together with serving to take the corporate public, and needs him the very best in his future endeavours.

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Certified Particular person

Technical features of this press launch have been reviewed and authorized below the supervision of Philip Mulholland, P.Geo. Mr. Mulholland is a Certified Particular person (QP) below Nationwide Instrument 43-101 Requirements of Disclosure for Mineral Tasks.

About Silver Hammer Mining Corp.

Silver Hammer Mining Corp. is a junior useful resource firm advancing the past-producing Silver Strand Mine within the Coeur d’Alene Mining District in Idaho, USA, each the Eliza Silver Challenge and the Silverton Silver Mine in one of many world’s most prolific mining jurisdictions in Nevada and the Lacy Gold Challenge in British Columbia, Canada. The Firm has commenced an preliminary drill program at Silver Strand that may take a look at for silver and gold mineralization instantly beneath the mine’s lowest stage extending solely 90 metres beneath floor. Lakewood strives to turn into a multimine silver producer and can focus near-term exploration and drilling plans on the Firm’s Idaho and Nevada silver-gold property.

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*Mineralization hosted on adjoining and/or close by properties isn’t essentially indicative of mineralization hosted on the Firm’s property.

On Behalf of the Board of Silver Hammer Mining Corp.

Morgan Lekstrom, President

Company Workplace: 551 Howe Avenue, Vancouver, British Columbia V6C 2C2, Canada
Contact: Kristina Pillon, President, Excessive Tide Consulting Corp.
604.908.1695 / buyers@silverhammermining.com

The CSE doesn’t settle for accountability for the adequacy or accuracy of this launch.

The Canadian Securities Change has neither authorized nor disapproved the contents of this press launch.

¹ Nevada Bureau Mines report 52900017