Silver Strand

Coeur d’Alene Mining District, Idaho, USA
 

The past-producing Silver Strand Mine is comprised of 70 claims over a 5.5 kilometres strike length atop the Revett formation, a silver belt within the renowned Coeur d’Alene mining district in Idaho, a district that has produced over 1.2 billion ounces of silver and is host to some of the world’s largest silver mines, many of which were mined to depths exceeding 1800 metres. While mineralization hosted on adjacent and nearby properties is not necessarily indicative of mineralization hosted on the Company’s property, the Silver Strand mine was previously mined to a depth of just 90 metres suggesting potential for mineralization at greater depths. This is the first time this land package has ever been consolidated.

Disclaimer note: Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company’s projects.

Silver Hammer completed Phase I of an initial underground and surface drilling program confirming mineralization extends immediately below existing mine workings between the (920 – 950-metre levels) up to 150 metres below surface.

The underground rehabilitation and new drill bay completed offers better ROI than surface drilling.

All six drill holes from Phase I cut significant Au-Ag mineralization confirming the Company's thesis that mineralization extends beneath existing mine workings.

Silver Hammer completed a proof of concept drill program in 2021 which confirmed that mineralization exists beneath the existing mine workings.  Phase II of the up to 2700 metre drill program is planned for the first half of 2022 ahead of resource estimate planning later this year.

The Silver Valley in Idaho has over a century-long history of successful silver mining. The historical mines that make up the Silver Hammer Mining Strike have never been fully explored. In 2021, the rising need and price for Silver have made this area, once again, a prime candidate for silver extraction.