Silver Hammer Mining Corp. announced that the first drillhole of an 11-hole Phase II diamond drill program ("Phase II Drill Program”) has been completed at its past-producing Silver Strand Project in Idaho. The Phase II Drill Program, which is utilizing the Company's established underground drilling station, is focused on expanding known silver-gold mineralization further down-dip, while also testing the potential for additional mineralized chutes.

The Company has generated priority targets based on a drone supported magnetic survey, Phase I drilling results, and the integration of historical drilling data acquired from previous operators of the Silver Strand Project. NISS, the Company's drilling contractor, has begun drilling and successfully finished the first hole. Approximately 1,100 meters of drilling is currently planned with ability to expand the program depending on core observations and initial assay results.

Silver Hammer continues to use the Company's underground drilling station to deliver much better ROI per metre drilled. The Phase II Drill Program is expected to last approximately seven weeks, with assay results to follow during fourth quarter of 2022.