The company Silver Hammer Mining Corp. has released results from its Phase 1 drill program conducted on the Silverton Silver Mine Project in Nye County, Nevada. The program, focused on the historic Silverton workings and nearby alteration zones, produced a mix of surface grab sample results and drilled intercepts that confirm both silver and gold mineralization. Work included mapping, rock sampling and six fence-style drill holes totaling 738 metres.
Field and laboratory procedures used accredited facilities to characterize mineralized structures and help vector future drilling toward potential deeper sources of mineralization.
The technical conclusions point to mineralized shoots that extend beneath the shallow historic mine workings and to parallel jasperoid zones hosting gold. Company management interprets the geometry of the faults and veins as consistent with potential CRD-type (carbonate replacement deposit) chimneys and mantos at depth. Surface grab samples and down-hole assays provide the evidence base driving the next stage of target definition and follow-up drilling.
Table of Contents:
Phase 1 drilling program and mineralized intercepts
The drill campaign consisted of six holes drilled in the Central Zone of the Western Silver Zone and the Eastern Gold Zone, designed to test structural corridors adjacent to the historic mine. Drilling confirmed that mineralization persists below reported depths of the historic workings. Individual mineralized intercepts (reported as drilled intervals) include: SLV25-001 36.57–41.14 m (4.57 m) Au 0.240 ppm, Ag 8.25 ppm and 109.73–120.39 m (10.66 m) Au 0.004 ppm, Ag 21.04 ppm; SLV25-002 138.68–140.20 m (1.52 m) Au 0.017 ppm, Ag 163 ppm; and SLV25-003 6.10–16.76 m (10.66 m) Au 0.045 ppm, Ag 63.69 ppm (including 7.62–9.14 m, 1.52 m Au 0.050 ppm, Ag 361 ppm), plus 86.87–91.44 m (4.57 m) Au 0.026 ppm, Ag 34.62 ppm.
Additional drill intercepts and width notes
Further holes reported: SLV25-004 19.81–30.48 m (10.67 m) Au 0.041 ppm, Ag 52.09 ppm (including 24.38–25.91 m, 1.53 m Au 0.023 ppm, Ag 152 ppm); SLV25-005 0.00–7.62 m (7.62 m) Au 0.343 ppm, Ag 1.02 ppm (including 3.05–6.10 m, 3.05 m Au 0.554 ppm, Ag 2.03 ppm); and SLV25-006 15.24–18.29 m (3.05 m) Au 0.408 ppm, Ag 0.52 ppm. Reported intervals are down-hole lengths; estimated true width of mineralization ranges from roughly 50% to 90% of the reported intervals. These results demonstrate both localized high-grade silver shoots and jasperoid-hosted gold domains in separate structural settings.
Surface sampling, assays and quality control
Prior to drilling, mapping and rock sampling targeted silicified structures and jasperoid alteration. Five surface samples submitted to ALS Laboratories returned the following grades: sample 1071610 Ag 61.7 ppm, Au 0.066 ppm, Sb 16.45 ppm; 1071611 Ag 581 ppm, Au 0.102 ppm, Sb 68 ppm; 1071612 Ag 98.3 ppm, Au 0.029 ppm, Sb 65 ppm; 1071613 Ag 70.7 ppm, Au 0.013 ppm, Sb 16.65 ppm; and 1071614 Ag 2.03 ppm, Au 0.147 ppm, Sb 58.7 ppm. The company cautions that grab samples are selective by nature and primarily confirm presence of mineralization rather than represent bulk grades.
Analytical methods included fire assay for gold and ICP multielement analysis for silver and trace elements. Initial assays at ALS Reno encountered issues with Certified Reference Material (CRM) performance for gold, prompting re-assaying of gold at ALS North Vancouver. Following re-assay, internal QA/QC, including standards, blanks and duplicates, returned within acceptable limits. All sample collection, chain of custody and laboratory protocols were documented to maintain data integrity.
Interpretation, qualified oversight and next steps
Management highlights the identification of downward exploration vectors and the potential for a feeder zone beneath the historic workings—an interpretation consistent with the observed high-grade silver intercepts and surface samples. The company describes the geometry of the mineralized structures as supportive of a possible CRD-type chimney and manto model, which would concentrate silver in discrete shoots below the shallow mine levels. Confirmation of jasperoid-hosted gold in the Eastern Gold Zone (with assays reported up to 0.65 ppm Au over a five-foot section inside a broader 10-foot intercept of 0.554 ppm Au) adds a complementary target type.
The technical content of the release has been reviewed by Damir Cukor, P.Geo., the company’s Qualified Person under National Instrument 43-101. Silver Hammer controls a portfolio of past-producing silver projects including assets in Idaho and Nevada and will use these Phase 1 results to prioritize follow-up drilling and deeper targeting work aimed at testing the interpreted feeder structures beneath Silverton.
