- Silver Hammer Mining has reported high-grade silver assays for a number of rock samples collected during its first sampling program at its Eliza Silver Project
- A total of 73 rock-chip samples were collected in the vicinity of the historic Passynak Mine within the Eliza project area which lies on trend of the Hamilton mining district
- Results of survey confirm a silver-rich mineral system
- Silver Hammer Mining’s shares (HAMR) are up 2.41 per cent and are being traded at $0.85 cents per share as of 12:58 PM EST
Silver Hammer Mining (HAMR) announced high-grade silver assays from rock samples collected at its Eliza Silver Project in Eastern Nevada.
Seventy-three rock samples were collected within the Eliza project area.
The Eliza Silver Project lies in trend to the Hamilton mining district, which produced over 30 million ounces of silver from 1865 to 1888.
Silver Hammer Mining collected other 35 geochemical survey samples in the northern sector, south of the Hamilton mining district.
The results confirm a well-developed silver-rich mineral system including enrichments in copper, lead, and zinc.
President and CEO of Silver Hammer Mining, Morgan Lekstrom, said,
“We are very pleased with the results obtained by our first sampling program at Eliza. The high-grade mineralized samples provide evidence that the near-surface silver mineralization exploited by the former 30 Moz Treasure Hill Mine extends onto the Eliza property.”
Silver Hammer Mining will identify high-potential drill targets in 2022.
Silver Hammer Mining’s shares (HAMR) are up 2.41 per cent and are being traded at $0.85 cents per share as of 12:58 PM EST.