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Silver Hammer Announces Submission of Plan of Operations to Explore Silver Strand Project

Silver Hammer Mining Corp. HAMR HAMRF (the "Company" or "Silver Hammer") is pleased to announce that it has submitted a Plan of Operations ("PO") to the United States Forest Service ("USFS") to explore its Silver Strand Project ("the Project") located in the Silver Valley Mining District near Coeur d'Alene, Idaho.

"We continue to aggressively advance our exploration plans at Silver Strand after the recent completion of our positive geophysical compilation. The Plan of Operations for the exploration of Silver Strand is now under review by the USFS and we look forward to the next steps in advancing project," stated Peter A. Ball, President & CEO. "This is a significant milestone that reinforces our conviction in fully evaluating the potential for silver mineralization across the property. We are eager to keep the market informed as we continue to make progress, and we believe this development will bring us closer to unlocking the full potential of this exciting opportunity."

Plan of Operations Overview

The proposed PO was submitted on April 5, 2023:

  • Proposal for surface disturbance of 0.15 acres or (0.06 hectares) to include up to 1,200 metres of drilling.
  • Outlines a comprehensive property-wide exploration program at Silver Strand, including geophysics, geologic mapping and structural analysis.
  • Exploration follow-up on 2021 and 2022 exploration results, including previous drilling, Induced Polarization ("IP")/Resistivity and magnetic surveys, and rock sampling, which identified 15 drill targets scattered throughout the property.
  • Evaluation of several priority drill targets, which consisted of coincident resistivity lows with IP highs, indicating broad zones of silicification with sulfide mineralization.

Qualified Person

Technical aspects of this press release have been reviewed and approved under the supervision of Philip Mulholland (CPG). Mr. Mulholland is a Qualified Person (QP) under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

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