Silver Hammer Advances to Phase One Drill Program at Its 100% Owned Silverton Project in Nevada

Executive Summary

• Silver Hammer Mining Corp. has engaged Alford Drilling, LLC to execute a Phase 1 reverse‑circulation drill program at its 100% owned Silverton Project in Nye County, Nevada.
• The program will consist of up to eight RC holes totaling up to 5,000 ft and is slated to begin in the second week of November 2025.
• The drilling will target down‑dip continuity of historic high‑grade silver mineralization (historical grades up to 933 g/t Ag) beneath former underground workings, with additional site‑preparation work contracted to Modern Land and Development, LCC.

Key Details

• Contractors: Alford Drilling, LLC (Elko, NV) – Phase 1 drilling; Modern Land and Development, LCC – road work, drill pad and sump construction.
• Drill Program Scope: Up to 8 reverse‑circulation holes, ≤5,000 ft total depth.
• Start Date: Planned commencement – second week of November 2025.
• Target Objectives: Test down‑dip continuity of historic high‑grade silver zones mined in the 1930s–1950s; evaluate mineralized systems identified from prior rock/soil sampling, mapping, and satellite imagery.
• Historical Context: Silverton Mine produced <100,000 t between 1921–1953 with grades ranging 300–933 g/t Ag; recent in‑situ chip/channel samples returned up to 692 g/t Ag, with six samples >100 g/t Ag within a ~1,000 ft diameter “Central Zone.”
• Geological Setting: Located on the eastern rim of the Williams Ridge Caldera; target zones include silicified limestone (silver‑dominant) and volcanic tuffs (gold‑dominant). Primary drill target is the Central Zone near intersecting N‑S Silverton and E‑W Basin faults.
• Qualified Person: Damir Cukor, P.Geo., Technical Director – Projects, reviewed and approved technical content under NI 43‑101.

Notable Quotes

“The Company will finally test below the high‑grade Silverton underground workings,” said Peter A. Ball, President & CEO. “It is always an exciting point when you have the opportunity to test below a previously operating high‑grade silver mine that closed nearly 80 years ago!”

Materiality Assessment: Material – Positive (the announcement outlines a significant exploration initiative aimed at delineating high‑grade silver resources, which could materially affect future valuation.)