This is the Investing News Network and I'm Georgia Williams. We are here at PDAC 2026 in Toronto. Joining me today is Peter Ball, president, CEO, and director of Silver Hammer Mining. Nice to meet you, Peter. >> Nice to meet you, too. How are you doing? >> Pretty good. How are you? >> Very good. Very good. Busy PDAC, so >> absolutely. Um, can you tell investors what your ticker symbol is and where your shares trade? >> Yeah. Um, Silver Hammer Mining Corp. Uh, we trade on the Canadian Stock Exchange


or the CSE and our symbol is Hammer or H A M R. >> Fabulous. And, uh, you had just brought it up, but it's the first day of PDAC. How has it been so far? Are you seeing a lot of investor interest? >> It's good. I mean, this is actually my first PDAC was in 1988. So, if I add up the years, it's probably 38 years ago. uh you used to be held at the Fairmont uh here in Toronto and I think this year is probably going to be a record where I think the record a couple years ago was


30 some beat it uh lots of energy metal prices are up um like I run a silver company with my team and seeing you know $85 $95 silver it's ab absolutely spectacular >> absolutely um this morning at the opening remarks um the president of PDAC was saying that this is the first time both buildings have been sold out so I think that's a good indicator >> it's good to see the busy the aisles and you know it's good coming back every year. You walk down the aisles and every


every two feet you're running into somebody you know and everyone's got some smiles on their face faces versus what it was like a few years ago. So yeah, it's it's uh a good time to be back in the sector, specifically silver. >> Yeah, I bet you've met a few people if you've been coming since 1980 >> pretty much. I think I'm getting a little old, but yeah. >> Um Silver Hammer is focused on the US and you have some past producing silver assets. >> Yeah, exactly.


>> Can you tell us a little bit about your portfolio? >> For sure. So, we're a pure silver exploration company based in Vancouver, but our assets are held in Idaho, which I think is one of the number one silver districts in the world for exploring, developing, and mining silver. Uh, so we have two projects in Idaho. One's called the Silver Strand, which is a previous producer from back in the late 70s, early 80s, was mined down to the 90 meter level. Uh, they stopped mining.


So, we're went through the permitting prop uh process to get the plan of operations. So, it's fully permitted for actually not only exploring underground and surface along strike, looking for another uh potential zone at the project, but it actually also has um potential that has a permit for small scale mining. So, if local producers are wanting a little bit extra feed, uh we have the opportunity to extract it or maybe look at developing it as we push forward. It's at a smaller scale, but it


does open the doors um because we have full access to it. Uh a second project in Idaho, we have the Fehee project. The Fehee project is located strategically directly in the middle of the silver valley uh which neighboring to the east would be the America's gold and silver which is uh got their Galina project and surrounding us on the on the western flank is Sunshine Mining. So it's a project that was held for 70 years by one family. Um I believe we were able to get it probably because some of our


technical adviserss and board members specifically probably Don Byrech uh Don Byre is one of our uh senior board members and used to be the ex- senior VP of Kur Anglo and Hudbay uh and he was prospect of the year highly respected um explorationist and uh the family knew of him and they wanted to work with the junior companies so we're able to secure a strategic position surrounded by all the majors is getting a little bit of interest from the the locals that we were able to secure it. Uh so we're


excited to get on both of those projects in Idaho this summer. So if we go down to Nevada, we have two so there's one mine in Idaho which is at the Silver Strands. If we go down to Nevada, we have two projects. One's the Eliza and that control it's a large land position in the Hamilton Silver District. So, if you head out of Vegas, two hours north and one hour to the west um from Eli El Eli in the Hamilton Silver District, it controls four previous uh silver producers um that have not been touched


in 80 years. We're finalizing permitting for that one. And uh we'll be looking to test um underground most of the mines, but also specifically right now we're doing a lot of work prepping for the summer uh program there once we're permitted. And inside another interesting part of Eliza is inside the project we have the California patent. >> So the patent allows us to build a house or you know put a put our own building on there or drill it whenever we want to. So, we're going to be looking


forward to putting um a drill program on the California patent while we're waiting for the Eliza permit to come in. So, it'll be a busy year um at that project. And if we slide a little bit to the west um towards Tonap where Black Rockck Silver is along the road on just off the highways, a project called Silverton. We did drill Silverton in December. We're waiting for assays. We had to do some resampling of the assays in another lab. are waiting for those holes to be fully analyzed and released


to the public. So, a total of six previous producers, three projects. Um, and one of the other key parts about our portfolio is we own 100% of it. There's no royalties, there's no earnings. Um, and it cost us about $38,000 a year to keep them in full standing. Um, so ex except for uh fee where we have to earn in on the project over the next couple three years with the local family that we bought it off of. So that's our kind of our portfolio in a quick overview. >> It's quite an extensive portfolio.


>> It's good. Yeah, it's it's the right place, the right time. Nevada and Idaho are some of the best places to look for silver. Nevada used to be the silver state. Idaho is of course the silver area in the world. You want to be looking for it. And uh you know again like silver whatever it is today 90 bucks $95 an ounce it gives us a really opportunity if we hit on any holes of all our projects this year I think we'll reward our shareholders from the investors that we recently brought in.


>> Yeah and with past producing assets sometimes there's tailings or reprocessing potential. Is there any of that um as >> No picture so these these mines are 50 70 and 80 years ago. Okay. So there's really a hole in the ground. Uh some old existing workings, no infrastructure, >> but also they're really easily accessible. We can drive to site uh with a small little Datson car or something if we want really wanted to. And that's key. Infrastructure and access is


specifically key. And it's good to be in two of the number one states uh number three and number seven in the world according to the Fraser Institute for actually going to a project and explore and having the ability. And you know the government's kind of pushing um the US government's now pushing the access for critical minerals and silver is um is one of those. So yeah >> and you mentioned the Fraser Institute and they just released their uh mining survey and Nevada is the number one US


destination. So you are in the right spot. >> Exactly. Nevada has always and probably will be. It's an incredible place to work and uh yeah and having again it's all about timing in this market and we're you know we're fully financed now and uh it's going to be a busy year on all fronts. >> Um in early February you announced a non-broker private placement. Yeah. >> Um congratulations. Where do you plan on allocating that money? >> Um first of all um the number one thing our


shareholders wants to do want us to do is to drill. Um, we're going to be looking at each of these projects and announcing very shortly kind of like an overview of a systematic approach about attacking these assets and which ones we're going to be drilling first, why, where. So again, we have we're looking at programs and using the funds that our investors gave us over the last actually last week when we closed the just approximately about $4 million is to apply it at the California patent as I


mentioned get some holes in the underneath the old California mine and then within that project or that project lies within Eliza we want to really tackle some of the mines that are sitting in Eliza but we need to wait for the permit which is uh expected probably early summer. We're thinking probably about May. Again, some of the other funds will be used um for Silver Strand. We were looking to do a program up there which we're fully permitted on and also using the funds for an aggressive


aggressive uh surface program at Fehee. That project is getting a lot of eyes on it. Um noting that we were able to acquire it. Uh it was drilled incorrectly for the wrong types of rocks, the wrong formations. It has a revette formation, which is the type of rocks you're looking for in Idaho, specifically in the Silver Valley. It has 22 veins known to it. It's never been drilled at depth, and on either side are their mines. >> So, we're in the right area. So, you kind of call it a brown fields project


uh because we're in the shadows of a lot of head frames up there. And probably again on the use of funds for the first time, probably in a couple years, we're actually going to spend a good portion on marketing uh as we're doing today. We're trying to tell the story. We're trying to get the information to everybody. So, we've h uh hired uh an army of uh professionals uh like Investing News Network to get our message out. So, we're going to be out everywhere getting our story on every


page uh attending conferences and uh going along uh with the drilling and the expiration we're doing at the projects. So, it's going to be busy. We got to we got to do our marketing. >> Yeah. Yeah, and I think that's really important because you know when silver does really well sometimes people will look to the majors but the majors also need to acquire you know new projects and you know explorers are where the new discoveries are coming from. >> No absolutely and and there's a lot of


there's a lot of companies right now um in the market such as one of the busiest PDC's in its history today. Um, so we need to get our name uh alongside or ahead of all of our peers and or competitors to ensure that they know our message. I love to talk. I love to get the story out. I've been waiting for this moment to be cashed up, have the projects, have the permitting, be in the right place with the commodity. And, you know, I own a lot of shares myself. I own a few million shares. I put in a lot


of personal money. So, I'm here with a lot of the investors that recently put money in. Uh, we have no debt. We have no payables. Uh we just raised $4 million. We had money in the kitty before that. So it should be a very busy spring. Um you know, and I always tell everybody the phone number on our website, it directly goes to me. There's no middle person. I answer every call. Uh if you have one share or 10 million, you're kind of all the same to me. It's your money. Um and you want to hear uh


what we're doing as we go forward. So I'm pretty transparent. Also, people know me about that. So, >> and a lot of the analysts that I speak with always talk about, you know, looking for companies that are invested in themselves. So, it's really important that you also have a position. So, I think that's great news. >> Yeah. No, I've put a lot of money in personally and uh I want to ensure number one that our shareholders uh are able to, you know, uh have a return from


their invested funds and be available to them at all times as we go forward and to ask the hard questions. Um, phone me up uh any time of the day, uh even on the weekend, it doesn't matter. your shareholders and they deserve to be have full access to what I know that is public information. >> Absolutely. Um a few weeks ago the company started a geological analysis at the Eliza and Silverton projects in Nevada. >> What is the goal of this analysis and when do you expect to have some of those


results available? >> Yeah, so we have a there's a lot of homework being that was done on Eliza specifically from the geoysics and the sampling and the structural analysis and nothing was ever really put together. Um and we ran the geo physics about a year and a half ago, two years two years ago. So we hired a group that it's really good of basically compiling everything in preparation for the for what we anticipate is a a pretty good drill program at Eliza doing our homework running it by and we have a really good


board of adviserss and technical committee that will be taking that information and help us in helping us kind of vector into the targets we want to hit at Eliza and potentially at Silverton again if the results come in good. We did a an initial program uh on Silverton to see if there's anything under the um the old mine and if anything comes in maybe we'll do a phase two. Um if we don't see anything positive because we don't know yet. Uh we've got a lot of other projects to


kind of uh go after. >> And you mentioned the drilling and um your excitement at some of these projects. What other catalysts can investors be on the lookout for as you know we head through 2026 into 2027? >> Um interesting. Of course, some of the number one catalysts are going to be us announcing programs and delivering results from our drill programs. Um, I think it'll be a really interesting summer up at the FA project. Um, strategically, it's probably one of the best pieces of land in the Silver Belt


that has not been tested. Uh, we we've been approached by some of the top PhD geologists in the area that know the project and have been wanting to get their hands on it for a number of years. um they have offered up their services uh which I feel very lucky that they want us uh take their time to help us push that project forward. Um we have also been approached by a number of other groups to maybe uh look at some creative acquisitions or other corporate actions. So we're looking at those


behind the scenes, but again for now half the time those things don't work out. We've got an incredible portfolio. We're cashed up. Silver price is good. PDAC is rocking it. Uh should be a good year hopefully. >> Absolutely. Well, thank you so much for speaking with me today, Peter. >> Yeah, thank you so much. Uh it's a pleasure to be on Investing News Network. I'm glad to be able to tell the story to our investors. >> I'm Georgia Williams and that was Peter


Ball, CEO of Silverhammer Mining.