With confirmed important gold-silver mineralization at Silver Strand and reported high-grade silver assays from rock samples on the Eliza silver mission, Silver Hammer Mining (CSE:HAMR,OTCQB:HAMRF) President Morgan Lekstrom is worked up to show these tasks into producing property.
Final 12 months, Silver Hammer Mining introduced optimistic outcomes from its work on the Silver Strand, Eliza silver and Silverton silver tasks, which all present near-production potential.
“Silver Strand in Idaho was a past-producing mine,” Lekstrom mentioned. “There’s a mill shut by owned by the New Jersey Mining Firm, they usually have made it very public that they are trying to unload this mill in a 12 months or two. We’re how we will be increasing our assets in Idaho, which is extraordinarily pleasant for mining. The world appears very pro-development, pro-mining in a accountable method. And I believe we will maintain growing in that neighborhood facet.”
After bringing within the Silver Strand asset, the corporate obtained maintain of two very high-potential past-producing silver property in Nevada. Eliza is within the historic and prolific Hamilton District with not solely high-grade silver, however 7 p.c high-grade copper as properly. The Silverton mission is near Tonopah, which is a past-producing silver asset.
Silver Hammer Mining plans to finish additional exploration, together with geochemistry, geophysics applications and drill concentrating on sooner or later. The corporate might be drilling at Silver Strand and at its two Nevada property.
“We’re shifting at lightning pace and we’re wanting ahead to it,” Lekstrom mentioned. “We’re sitting fairly properly to execute on the present drill plans that we’ve for Silver Strand and our plans for Eliza and Silverton. We now have three high-potential mines. We’re proving that out at Silver Strand with extra drilling underground, extra drilling on floor. Numerous outcomes may be coming on the market, and any a type of might hit that large-potential exploration payoff, and actually skyrocket the top off.”
Watch the total interview of Silver Hammer Mining President Morgan Lekstrom above.
Disclaimer: This interview is sponsored by Silver Hammer Mining (CSE:HAMR,OTCQB:HAMRF). This interview offers info that was sourced by the Investing Information Community (INN) and permitted by Silver Hammer Mining as a way to assist buyers study extra concerning the firm. Silver Hammer Mining is a consumer of INN. The corporate’s marketing campaign charges pay for INN to create and replace this interview.
INN doesn’t present funding recommendation and the data on this profile shouldn’t be thought of a suggestion to purchase or promote any safety. INN doesn’t endorse or suggest the enterprise, merchandise, providers or securities of any firm profiled.
The knowledge contained right here is for info functions solely and isn’t to be construed as a suggestion or solicitation for the sale or buy of securities. Readers ought to conduct their very own analysis for all info publicly accessible in regards to the firm. Prior to creating any funding resolution, it is strongly recommended that readers seek the advice of instantly with Silver Hammer Mining and search recommendation from a professional funding advisor.
This interview might include forward-looking statements together with however not restricted to feedback relating to the timing and content material of upcoming work applications, receipt of property titles, and so on. Ahead-looking statements deal with future occasions and situations and subsequently contain inherent dangers and uncertainties. Precise outcomes might differ materially from these presently anticipated in such statements. The issuer depends upon litigation safety for forward-looking statements. Investing in corporations comes with uncertainties as market values can fluctuate.
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