Northwire Canada EditionTuesday, July 14, 2026
Northwire
WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8% WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8%
Drill Results

Silver Hammer Prepares for Drill Program at Its 100% Owned California Patented Claim at The Eliza Project in Nevada

HAMR · Price

Executive Summary

  • Silver Hammer Mining Corp. is finalizing a Phase 1 drill program on its 100% owned California Patented Claim in the Eliza Silver Project, Nevada.
  • Up to 15 drill holes (~1,500 m total) are planned to test five priority targets identified from historic mapping, soil sampling, and airborne geophysics.
  • The company is sourcing a drilling contractor and expects to mobilize to site promptly; Phase 2 will follow pending US Forest Service permitting.

Key Details

  • Drill Program Scope: ≤15 holes, ~1,500 m (5,000 ft) of core to test five distinct targets on the California Patent.
  • Target #1 – California Vein: Steeply dipping (~80° NE), proximal to Eberhardt Fault; historic rock samples show significant Ag/Au grades; plan includes two drill pads with six fanned holes covering >150 m strike length.
  • Target #2 – Fault‑Displaced Vein Segment: Southward offset of the vein ~70 m below surface trace; six north‑trending holes to intersect this segment.
  • Target #3 – Eberhardt Fault Intersection: Six north‑trending holes to evaluate fault as potential mineralization conduit.
  • Target #4 – Pilot Shale / Nevada Limestone Contact: Two vertical holes to test a brecciated lithologic contact ~60 m below surface, analogously mineralized at nearby Treasure Hill.
  • Target #5 – Broad Silver Anomaly Zone: Targets within a 200 m (N‑S) × 400 m (E‑W) geochemical anomaly zone; all holes fall inside this soil Ag anomaly.
  • Historical Sample Data (selected):
  • PN662703 – Au 0.06 g/t, Ag 1,290 g/t, Cu 2,750 ppm, Mo 619 ppm.
  • PN662704 – Au 2.00 g/t, Ag 96.1 g/t, Cu 1,620 ppm, Mo 179 ppm.
  • Permitting: The California Patent is patented land; Phase 1 requires no additional exploration or drilling permits. Phase 2 awaits final US Forest Service approval.
  • Contractor Sourcing: Company actively engaging a drilling contractor; mobilization expected “as soon as possible.”
  • Qualified Person Review: Damir Cukor, P.Geo., QP (NI 43‑101) reviewed and approved technical content.

Notable Quotes

“The intersection of high‑angle structures in several orientations and the potential of the low‑angle shale‑limestone contact at the location of a historic mine, combined with several high‑grade rock samples, forms a number of exciting and compelling drill targets.” – Peter A. Ball, President & CEO


Materiality Assessment: Non‑Material – Positive (the announcement outlines upcoming exploration activity without immediate financial impact but is favorable for future project development).

Read the original news release →

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