With confirmed significant gold-silver mineralization at Silver Strand and reported high-grade silver assays from rock samples at the Eliza silver project, Silver Hammer Mining (CSE:HAMR,OTCQB:HAMRF) President Morgan Lekstrom is excited to turn these projects into producing assets.
Last year, Silver Hammer Mining announced positive results from its work at the Silver Strand, Eliza silver and Silverton silver projects, which all show near-production potential.
“Silver Strand in Idaho was a past-producing mine,” Lekstrom said. “There is a mill close by owned by the New Jersey Mining Company, and they have made it very public that they’re looking to sell off this mill in a year or two. We’re looking at how we’re going to be expanding our resources in Idaho, which is extremely friendly for mining. The area seems very pro-development, pro-mining in a responsible way. And I think we’re going to keep developing in that community aspect.”
After bringing in the Silver Strand asset, the company got hold of two very high-potential past-producing silver assets in Nevada. Eliza is in the historic and prolific Hamilton District with not only high-grade silver, but 7 percent high-grade copper as well. The Silverton project is close to Tonopah, which is a past-producing silver asset.
Silver Hammer Mining plans to complete further exploration, including geochemistry, geophysics programs and drill targeting in the future. The company will be drilling at Silver Strand and at its two Nevada assets.
“We are moving at lightning speed and we’re looking forward to it,” Lekstrom said. “We’re sitting pretty well to execute on the current drill plans that we have for Silver Strand and our plans for Eliza and Silverton. We have three high-potential mines. We’re proving that out at Silver Strand with more drilling underground, more drilling on surface. A lot of results can be coming out there, and any one of those could hit that large-potential exploration payoff, and really skyrocket the stock up.”
Watch the full interview of Silver Hammer Mining President Morgan Lekstrom above.
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