Silver Hammer's Morgan Lekstrom: Moving at Lightning Speed Towards Potential Exploration Payoff | Summary and Q&A

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January 18, 2022
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Investing News
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Silver Hammer's Morgan Lekstrom: Moving at Lightning Speed Towards Potential Exploration Payoff

TL;DR

Silver Hammer Mining CEO discusses the company's progress and potential in the junior mining sector, focusing on their projects in Idaho and Nevada.

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Key Insights

  • 🍰 Silver Hammer Mining has achieved significant progress in a short time, demonstrating their ability to swiftly advance their mining projects.
  • 🥈 The silver strand mine in Idaho has shown promising gold and silver mineralization below the existing workings.
  • ✋ The company's projects in Nevada offer high potential as they operate in one of the world's top mining jurisdictions.
  • 🥺 The CEO leads the team's efficient and cost-effective approach to project management, utilizing existing infrastructure and minimizing surface impact.
  • 🖕 The company aims to build a mid-tier silver mining company with both exploration and production focus.
  • 💪 Idaho and Nevada provide favorable mining jurisdictions, supportive of responsible mining projects with a strong mining community.
  • 🤗 Technological advancements and improved geological understanding have opened up opportunities for exploration in previously overlooked areas.

Transcript

welcome to inn ceo talks joining me today is morgan lextron the president and ceo of silver hammer mining which trades on the cse under the symbol h-a-m-r and on the otcqb under the symbol h-a-m-r-f mr lextrome is a mining veteran with experience in progressively senior roles in projects operations and engineering management and he has a strong lea... Read More

Questions & Answers

Q: Can you provide an overview of Silver Hammer Mining's progress with the silver strand mine in Idaho?

Silver Hammer Mining has successfully demonstrated significant gold and silver mineralization below the existing workings through exploration and drilling within the first six months of acquiring the silver strand mine.

Q: What are the plans for further development and exploration at the silver strand mine?

The company plans to continue drilling underground to prove the mineralization to depth, similar to other deep and prolific mines in the area. They also aim to explore and test anomalies along the five and a half kilometer strike length to potentially connect the entire mine and establish a multi-vein operation.

Q: How has Silver Hammer Mining achieved rapid progress in their projects?

The CEO attributes their fast progress to the expertise and dedication of the team, including individuals with mining experience, geological knowledge, and effective project management. Utilizing existing underground infrastructure and cost-effective drilling methods have also contributed to their speed.

Q: What are the immediate and long-term plans for Silver Hammer Mining?

The CEO's plan is to build a mid-tier silver mining company with both exploration payoff and near-term production potential. With the silver strand mine and Nevada assets, they aim to explore while turning them into production mines, avoiding management and project transitions.

Summary & Key Takeaways

  • Silver Hammer Mining has made fast progress in advancing their silver strand mine in Idaho, proving strong gold and silver mineralization below the existing workings within the first six months.

  • The company also has two other projects in Nevada, the Eliza Silver Project and the Silverton Mine, both showing high potential in a prolific mining jurisdiction.

  • The CEO aims to build a mid-tier silver mining company with exploration payoff and near-term production potential.

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