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Silver Hammer Mining Corp. Begins Phase I Drilling at the Silver Strand Mine in Idaho

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VANCOUVER, British Columbia, Oct. 14, 2021 (GLOBE NEWSWIRE) – Silver Hammer Mining Corp. (CSE: HAMR / OTC: HAMRF) (“Silver Hammer” or the “Company”) is pleased to report that Phase I drilling has begun at the Silver Strand mine in Idaho.

Phase I drilling will include both underground drilling and a selection of shallow surface drilling. Previous production ceased at just 90 meters depth and this first phase of underground drilling will test immediately below what was historically mined at Silver Strand (see Figure 1), while surface drilling will test extensions of lateral veins along the heading and will leave to test the surroundings. objectives.

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Results from Phase I drilling are expected to provide valuable information on sinking, depth, lateral expansion and dip of the veins, to support the modeling of the company and future phases of drilling. This information will also help the company set expectations about the timing of an initial appeal.

“By working closely with a local drilling company and the local forest service with a plan to use an innovative and environmentally friendly drilling method for limited surface drilling, in addition to using existing infrastructure for underground drilling, we were able to obtain drilling permits in an accelerated time frame, ”stated President Morgan Lekstrom. “The recently completed underground rehabilitation will allow us to achieve a better return on investment per meter drilled by targeting depth extensions from a drilling bay at 90 meters depth while allowing the bit to avoid significant overload. We are also very excited to report that drilling at Silver Strand has already reached the vein and mafic dike (magnetic portions of the rock) where we expected, but has also reached another vein on the opposite side of the mafic dike. “

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Figure 1. Silver Strand underground drilling program in dark blue
https://www.globenewswire.com/NewsRoom/AttachmentNg/59b21348-7e8b-4eb0-bf83-c01a0945d4b4

Qualified person

The technical aspects of this press release have been reviewed and approved under the supervision of Philip Mulholland, P. Geo. Mr. Mulholland is a Qualified Person (QP) under the Disclosure Standards for Mineral Projects of National Instrument 43-101.

About Silver Hammer Mining Corp.

Silver Hammer Mining Corp. is a junior resource company advancing the former producing Silver Strand mine in the Coeur d’Alene mining district in Idaho, USA, on both the Eliza Silver project and the mine Silverton Silver in one of the world’s most prolific mining jurisdictions in Nevada and Lacy. Gold project in British Columbia, Canada. The Company has commenced an initial drilling program at Silver Strand that will test silver-gold mineralization immediately below the lowest level of the mine that extends just 90 meters below the surface. Silver Hammer strives to become a multi-mine silver producer and will focus on short-term exploration and drilling plans at the Company’s silver and gold assets in Idaho and Nevada.

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* Mineralization hosted on adjacent and / or nearby properties is not necessarily indicative of mineralization hosted on the Company’s property.

On behalf of the board of directors of Silver Hammer Mining Corp.

Morgan Lekstrom, President

Corporate Office: 551 Howe Street, Vancouver, British Columbia V6C 2C2, Canada

For more information contact:

Kristina Pillon, Corporate Communications
Phone: 604.908.1695
Email: [email protected]

The CSE does not accept responsibility for the adequacy or accuracy of this release.

The Canadian Stock Exchange has neither approved nor disapproved of the content of this press release.

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