­ Silver Hammer Mining Corp. reported high-grade silver assay results obtained during an early phase of exploration at the Company's Eliza Project ("Eliza" or the "Project") in Nevada, plus the acquisition of the California Patent ("the Patent"), a strategic claim within the Project area. Silver Hammer recently completed the purchase of the strategic California Mine Patent claim, which is located entirely within the Eliza Project claim block.

The Patent covers an area of 4.6 acres and includes the past-producing California Mine (Figure 1). A spring sampling program collected a total of 25 rock chip and grab samples from sites in the northern sector of Eliza, which includes the newly acquired California Mine area. Analytical results derived from these samples confirm the existence of high-grade silver ("Ag") mineralization, and the presence of significant concentrations of copper ("Cu"), lead ("Pb") and zinc ("Zn") associated with the silver.

Ongoing field work at Eliza includes soil sampling and geological mapping. A program of geophysical surveying is planned to commence in Q2-Q3, 2022. Results of the geochemical and geophysical surveys will be used to define priority drill targets ahead of an initial phase of drilling at the Project.

The geological setting at Eliza is similar to that of other mines in the area. District-scale folding of Middle Paleozoic limestone and shale formations appears to have formed open- space fault and fracture zones which channeled mineralizing fluids through chemically receptive host rocks, specifically the Devonian Guillmette and Joana Limestone formations. The spring sampling program done at and around the historic mines found on the Eliza Project has shown that the replacement-style mineralized zones in limestone exist along axial planar faults and fracture zones and commonly weather into resistant ridges.