VANCOUVER, British Columbia, July 14, 2022 (GLOBE NEWSWIRE) — Silver Hammer Mining Corp. (CSE: HAMR; OTCQB: HAMRF) (the “Company” Where “Silver Hammer”) is pleased to announce that it has started an induced bias (“IPs”) resistivity survey at its former Silver Strand project in Idaho.

IP/resistivity technology can identify sulphide-rich silver and gold mineralization hosted in silicified quartz down to 200 meters depth. The survey aims to laterally follow the known mineralized zone, as well as search for parallel mineralized zones and will run in parallel with the upcoming drilling program, which is expected to commence before the end of July.

The survey lines will be 1.3 kilometers in length and data will be collected at stations spaced 100 meters apart with survey lines spaced 200 meters apart.

The survey will be conducted by Big Sky Geophysics, and data collected during the survey will be used in concert with data collected during a recent drone-assisted magnetic survey to assess and improve subsurface and surface targets.

“IP surveying is another low-cost surface exploration method we are using to better understand the potential for a district-scale mineralized system at Silver Strand,” said President and CEO Morgan. Lekstrom. “The results of the IP survey will be analyzed with our magnetic data to further refine surface drill targets as we work to determine the potential for mineralization along the 5.5 kilometer strike length of the prospective Revett formation. on the property, which is located in Idaho’s Silver Valley.”

Qualified person

The technical aspects of this press release have been reviewed and approved by Philip Mulholland, a Certified Professional Geologist (CPG) of the American Institute of Professional Geologists, a company contractor, and the Designated Qualified Person (QP) under of National Instrument 43-101.

About Silver Hammer Mining Corp.

Silver Hammer Mining Corp. is a junior resource company advancing the former flagship Silver Strand mine in the Coeur d’Alene mining district of Idaho, United States, as well as the Eliza Silver Project and Silverton Silver Mine in one of the largest in the world. prolific mining jurisdictions in Nevada and the Lacy Gold Project in British Columbia, Canada. The main objective of Silver Hammer is to define and develop silver deposits near old mines that have not been sufficiently tested. The Company’s portfolio also provides exposure to copper and gold discoveries.

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

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

Morgan Lekstrom
President and CEO

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

For any inquiries relating to investor relations, contact:

Kristina Pillon, High Tide Consulting Corp.
Such. : 604.908.1695
Email: [email protected]

For media inquiries, contact:

Adam Bello, Primoris Group Inc.
Such. : 416.489.0092
Email: [email protected]

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

The Canadian Securities Exchange has neither approved nor disapproved of the contents of this press release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ad8e0454-d4ee-4f3a-a1f4-d252a5c6ecd5