- Silver Hammer (HAMR) has begun an induced polarization resistivity survey at its past-producing Silver Strand Project in Idaho
- It intends to track the known mineralized zone laterally and to search for parallel mineralized zones
- The survey will run concurrently with the upcoming drill program
- Silver Hammer engages in the business of exploration of mineral properties in Canada
- Silver Hammer Mining Corp. (HAMR) remains unchanged, trading at C$0.305 per share at 4:00 pm ET
Silver Hammer (HAMR) has begun an induced polarization resistivity survey at its past-producing Silver Strand Project in Idaho.
The IP/Resistivity technology can identify silicified quartz-hosted, sulphide-rich silver and gold mineralization up to 200 metres depth. It intends to track the known mineralized zone laterally and search for parallel mineralized zones.
The survey will run concurrent with the upcoming drill program. The survey lines will extend 1.3 kilometers in length and collect data at 100 metre spaced stations with survey lines spaced 200 metres apart.
Big Sky Geophysics will be conducting the survey. The collected data will be used in concert with a recent drone-supported magnetic survey to assess and enhance both underground and surface targets.
Morgan Lekstrom, President and CEO of Silver Hammer commented on the announcement.
“The IP survey is yet another low-cost surface exploration method we are using to better understand the potential for a district-scale mineralized system at Silver Strand. The IP survey results will be analyzed together with our magnetics data. This will further refine surface drill targets as we work to ascertain the potential for mineralization along the 5.5 kilometer strike extent of the prospective Revett formation on the property, which is located within Idaho’s Silver Valley.”
Silver Hammer engages in the business of exploration of mineral properties in Canada. The company primarily focuses on defining and developing silver deposits near past-producing mines that have not been adequately tested.
Silver Hammer Mining Corp. (HAMR) remains unchanged, trading at C$0.305 per share at 4:00 pm ET.