Silver Hammer President Morgan Lekstrom: Trendy Approaches to Ancient Deposits


Silver Hammer President Morgan Lekstrom: Trendy Approaches to Ancient Silver

Silver Hammer Mining (CSE:HAMR,OTCQB:HAMRF) President Morgan Lekstrom mentioned new tendencies within the corporate’s tasks, that specialize in the flagship Silver Strand mine, situated in Idaho.

“It’s a past-producing silver mine with somewhat of a gold overprint on it — and it is nonetheless some of the highest-producing silver districts on the planet,” Lekstrom stated. “We picked up the mission referred to as Silver Strand, which used to be handiest ever mined right down to 90 meters. They mined vertically, then left it once they had been not able to consolidate the land.”

This led to vital alternative for Silver Hammer, Lesker shared. “We effectively consolidated the land package deal and began to check the outside, figuring out there is a large number of doable — a lot of these outcrops with very robust grades — so we briefly complicated into an underground rehabilitation program. In November 2021, we drilled six holes, all with robust mineralization beginning round 30 meters beneath floor. We are making plans a drill program beginning in a while within the underground after which additionally beginning at the floor.”

As the corporate proceeds with Silver Strand into 2022, Lekstrom additionally noticed the chance to hunt out belongings on the Eliza mission, a traditionally generating mine. “We’ve got this philosophy browsing at it going — if they did not have geophysics again then, they did not have fashionable exploration,” he stated. “So we began doing our very gentle program as we introduced it in overdue September. We discovered no longer handiest used to be there high-grade silver on that belongings, but additionally copper, lead and zinc.”

Lesker spoke to his business specialization, announcing, “It’s thrilling for Silver Strand, as it’s a prolific space, and that is a kind of goals that individuals did not essentially have the similar imaginative and prescient as we did on how we wish to consolidate and manner it. With my background being the mine builder background, we get to have a look at it somewhat otherwise. Maximum of my enjoy is extra at the technical facet main mission teams, engineering teams and dealing the exploration facet.”

As for different contributors of the control staff, Lesker went on to mention, “We’ve got folks on our staff like Ron Burke, former vice chairman of Centerra Gold (TSX:CG,NYSE:CGAU) and for Silver Usual, now SSR Mining (TSX:SSRM,NASDAQ:SSRM). He’s a legend within the business for locating high-grade silver tasks. We even have our leader geologist, Mulholland, and a row of capital markets professionals that helped us put in combination our manner.”

Chatting with the longer term, Lekstrom famous about Silver Strand, “We picked up that belongings; we went and did some boots at the floor paintings, we if truth be told tripled the land declare package deal. We simply did some drill concentrated on, and we are if truth be told absolutely authorised to drill it now as neatly. So it’ll be lovely thrilling this 12 months … we wish to do it methodically. There’s huge useful resource doable on all 3 of those homes, particularly Silver Strand.”

Watch the total interview of Silver Hammer President Morgan Lekstrom above.

Disclaimer: This interview is subsidized through Silver Hammer Mining (CSE:HAMR,OTCQB:HAMRF). This interview supplies data that used to be sourced through the Making an investment Information Community (INN) and authorized through Silver Hammer Mining with a purpose to lend a hand traders be informed extra in regards to the corporate. Silver Hammer Mining is a shopper of INN. The corporate’s marketing campaign charges pay for INN to create and replace this interview.

INN does no longer supply funding recommendation and the tips in this profile must no longer be thought to be a advice to shop for or promote any safety. INN does no longer endorse or counsel the trade, merchandise, services and products or securities of any corporate profiled.

The tips contained this is for info functions handiest and isn’t to be construed as an be offering or solicitation for the sale or acquire of securities. Readers must behavior their very own analysis for all data publicly to be had in regards to the corporate. Prior to creating any funding determination, it is strongly recommended that readers seek the advice of at once with Silver Hammer Mining and consult with a professional funding marketing consultant.

This interview might include forward-looking statements together with however no longer restricted to feedback in regards to the timing and content material of upcoming paintings techniques, receipt of belongings titles, and many others. Ahead-looking statements deal with long term occasions and stipulations and due to this fact contain inherent dangers and uncertainties. Exact effects might vary materially from the ones these days expected in such statements. The issuer is predicated upon litigation coverage for forward-looking statements. Making an investment in corporations comes with uncertainties as marketplace values can vary.



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