Silver Hammer Mining Corp

Financials:

Primary ticker: CSE:HAMR, OTCQB:HAMRF
Stage of development:Exploration, Development
Primary minerals: Silver, Gold, Copper
Project to promote:Shafter, Silver Strand, Eliza, Silverton
Project location:Texas, Idaho and Nevada
Website: silverhammermining.com
Corporate presentation: Click here

Silver Hammer is a USA focused company that controls high-grade precious metal assets in top-tier global mining jurisdictions (Idaho and Nevada). On September 28, 2023, Silver Hammer announced a transformation deal to acquire the multi-million ounce permitted high-grade Shafter Silver Mine in Texas, bringing the Company closer to its goal of becoming North America’s next silver producer within the next ~24 months. To ensure the project is advanced towards the development and production stages, Silver Hammer has attracted key senior level technical geological and mining advisors including previous Sr. VP Exploration and VP/COO Mining experts that have held executive roles with Hudbay Minerals, Coeur Mining, Silver Standard, Centerra, Mag Silver, Probe Mines, Hecla, and Royal Oak Mines. Shafter is an advanced-stage project: • Opportunity exists for a quick re-start at up to 1,000 tpd operation. • Infrastructure is in place and requires minimum capital to place it back in operation. • Site has power, paved roads to mine site, access to local workforce. • Goal is to convert additional silver ounces into the mine plan to potentially extend overall LOM out to 8 to 10 years of production. • Access to U/G for inexpensive drilling, resource expansion, discovery. • Understood metallurgy, low to no royalties, and 100% ownership. The Company also owns the past-producing Silver Strand Mine in the Coeur d’Alene Mining District in Idaho, USA, as well as both the Eliza Silver Project and the Silverton Silver Mine in Nevada. Apart from silver, the Company’s portfolio also provides exposure to copper and gold discoveries.

Cash: CAD$1M
Debt: NIL

Major shareholders:
MGMT & Insiders -~20%
Management ownership – 10%

 

Management Profile

Peter A. Ball – President & CEO
Mr. Ball brings a progressive track-record of proven leadership experience covering more than thirty years in mining and finance. He has demonstrated competencies on an international level holding various senior management roles with precious and base metals companies, including in mine engineering, capital markets and marketing. Mr. Ball began his career in the late 1980s working as a mining engineer and since the 1990s, has held various management and senior executive and corporate roles for numerous companies, including Eldorado Gold, Hudson Bay Mining & Smelting, Echo Bay Mines, RBC Dominion Securities, Columbus Gold, Argentex Mining, NV Gold, Redstart Gold, Century Mining, Adrian Resources, Hawthorne Gold and most recently Noram Lithium. Mr. Ball has led and assisted in raising over $250 million in capital in the resource sector, is a graduate of the Haileybury School of Mines, Georgian Business College, UBC’s Canadian Securities Course and a member of CIMM. Mr. Ball is also an independent director of Big Gold Inc. (BG:CSE).

What is your rationale for taking part in 121 Mining Investment?

General market support and capital raising efforts from retail, institutional and strategic investors.

What recent news would you like to highlight to investors attending?

Jan 9, 2024 – Silver Hammer Provides Corporate Update Sep 28, 2023 – Silver Hammer Reaches Definitive Agreement to Acquire the Permitted Shafter Silver Mine Project and Announces Proposed Reorganization Jul 18, 2023 – Silver Hammer Mining Reports Positive Preliminary Results of Property-Wide Airborne Magnetic and Radiometric Survey at its Eliza High-Grade Silver and Copper Project in Nevada

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Complete the acquisition of the Shafter production asset, ongoing exploration programs and resource development programs at its 100% owned Silver Strand, Eliza and Silverton Projects in Idaho and Nevada.

6 Months:
Next phases of exploration will be determined by results of current exploration programs.

12 Months:
Move towards resource development and modelling.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

General market sentiment.

What do you think makes your company such a compelling investment?

Strong long term fundamentals for silver due to need for silver in technology. Acquisition of the Shafter asset is transformational for the Company to change from an explorer to a near term producer. Exploring high-grade past-producing mines that have been underexplored due to lack of technology or unfavourable metal prices. Located in excellent jurisdictions in US to potentially satisfy domestic supply chains.

What are the top 3 key investor takeaways?

  • High-grade past-producing silver assets Top-tier jurisdictions in USA Strong silver fundamentals as silver-rich technology continues to increase demand.