Silver Hammer and Stroud Resources Announce Updated Mineral Resource Estimate for the Santo Domingo Silver-Gold Project, Mexico
Original announcement by orestocks on
- Company
- Silver Hammer Mining Corp.
- Ticker
- HAMR.CN
- Exchange
- Unavailable
- Region
- Jalisco State, Mexico
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Resource update
- Extracted
- 2026-08-28 23:17:02 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Silver Hammer and Stroud Resources have announced an updated Mineral Resource Estimate for the Santo Domingo Silver-Gold Project in Mexico. The update reports a total Measured and Indicated resource of 5.7 Mt at 79 g/t Ag and 0.42 g/t Au, though it notes a reduction in contained ounces compared to the 2017 estimate due to improved modeling rigor.
Reasoning: The update provides a more robust and transparent model but results in a reduction of contained metal compared to the previous 2017 estimate due to more rigorous modeling.
Positive factors
- Significant silver and gold resource established
- NI 43-101 compliant
- QP signed off
Negative factors
- Reduction in reported contained ounces compared to 2017 MRE
- High proportion of Inferred resource
Facts used in scoring: 30
Classification and evidence
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: Technical report prepared in accordance with NI 43-101 standards.
Evidence · text
“prepared in accordance with National Instrument 43-101”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Mr. Simon Mortimer (FAIG #7795) of Atticus Geoscience Consulting Ltd. is named as the independent Qualified Person.
Evidence · text
“prepared by independent Qualified Person, Mr. Simon Mortimer”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The MRE is reported using a break-even underground mining NSR cut-off of US$90.0/t.
Evidence · text
“break-even underground mining net smelter return ("NSR") cut-off of US$90.0/t”
Extracted facts
Stored fact records: 30. Some facts used in scoring do not have a stored record.
Resource Estimates (30)
indicatedsilverTonnes: 740000Grade: 63Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- indicated
- Tonnes
- 740000
- Grade
- 63
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein.
Evidence · table
“63”
Context: 740,000
indicatedgoldTonnes: 740000Grade: 0.2Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- indicated
- Tonnes
- 740000
- Grade
- 0.2
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated gold grade for Guadalupe Vein.
Evidence · table
“0.20”
Context: 740,000
inferredsilverTonnes: 1500000Grade: 61Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 1500000
- Grade
- 61
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Inferred resource for Guadalupe Vein.
Evidence · table
“61”
Context: 1,500,000
inferredgoldTonnes: 1500000Grade: 0.24Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 1500000
- Grade
- 0.24
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Inferred gold grade for Guadalupe Vein.
Evidence · table
“0.24”
Context: 1,500,000
measuredsilverTonnes: 1200000Grade: 97Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- measured
- Tonnes
- 1200000
- Grade
- 97
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Measured resource for La Raya Vein.
Evidence · table
“97”
Context: 1,200,000
measuredgoldTonnes: 1200000Grade: 0.51Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- measured
- Tonnes
- 1200000
- Grade
- 0.51
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Measured gold grade for La Raya Vein.
Evidence · table
“0.51”
Context: 1,200,000
indicatedsilverTonnes: 3700000Grade: 76Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- indicated
- Tonnes
- 3700000
- Grade
- 76
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for La Raya Vein.
Evidence · table
“76”
Context: 3,700,000
indicatedgoldTonnes: 3700000Grade: 0.43Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- indicated
- Tonnes
- 3700000
- Grade
- 0.43
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated gold grade for La Raya Vein.
Evidence · table
“0.43”
Context: 3,700,000
inferredsilverTonnes: 2000000Grade: 69Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 2000000
- Grade
- 69
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Inferred resource for La Raya Vein.
Evidence · table
“69”
Context: 2,000,000
inferredgoldTonnes: 2000000Grade: 0.35Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 2000000
- Grade
- 0.35
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Inferred gold grade for La Raya Vein.
Evidence · table
“0.35”
Context: 2,000,000
inferredsilverTonnes: 460000Grade: 68Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 460000
- Grade
- 68
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Inferred resource for Zopilote Vein.
Evidence · table
“68”
Context: 460,000
inferredgoldTonnes: 460000Grade: 0.36Grade Unit: ppmView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 460000
- Grade
- 0.36
- Grade Unit
- ppm
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Inferred gold grade for Zopilote Vein.
Evidence · table
“0.36”
Context: 460,000
indicatedSanto Domingo Ag-Au · silverTonnes: 740000Grade: 63Grade Unit: ppmContained Metal: 1500Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- indicated
- Tonnes
- 740000
- Grade
- 63
- Grade Unit
- ppm
- Contained Metal
- 1500
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“63”
Context: 740,000
indicatedSanto Domingo Ag-Au · goldTonnes: 740000Grade: 0.2Grade Unit: ppmContained Metal: 5Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- indicated
- Tonnes
- 740000
- Grade
- 0.2
- Grade Unit
- ppm
- Contained Metal
- 5
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.20”
Context: 740,000
inferredSanto Domingo Ag-Au · silverTonnes: 1500000Grade: 61Grade Unit: ppmContained Metal: 2900Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 1500000
- Grade
- 61
- Grade Unit
- ppm
- Contained Metal
- 2900
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“61”
Context: 1,500,000
inferredSanto Domingo Ag-Au · goldTonnes: 1500000Grade: 0.24Grade Unit: ppmContained Metal: 11Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 1500000
- Grade
- 0.24
- Grade Unit
- ppm
- Contained Metal
- 11
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.24”
Context: 1,500,000
measuredSanto Domingo Ag-Au · silverTonnes: 1200000Grade: 97Grade Unit: ppmContained Metal: 3730Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- measured
- Tonnes
- 1200000
- Grade
- 97
- Grade Unit
- ppm
- Contained Metal
- 3730
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“97”
Context: 1,200,000
measuredSanto Domingo Ag-Au · goldTonnes: 1200000Grade: 0.51Grade Unit: ppmContained Metal: 19Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- measured
- Tonnes
- 1200000
- Grade
- 0.51
- Grade Unit
- ppm
- Contained Metal
- 19
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.51”
Context: 1,200,000
indicatedSanto Domingo Ag-Au · silverTonnes: 3700000Grade: 76Grade Unit: ppmContained Metal: 9100Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- indicated
- Tonnes
- 3700000
- Grade
- 76
- Grade Unit
- ppm
- Contained Metal
- 9100
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“76”
Context: 3,700,000
indicatedSanto Domingo Ag-Au · goldTonnes: 3700000Grade: 0.43Grade Unit: ppmContained Metal: 51Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- indicated
- Tonnes
- 3700000
- Grade
- 0.43
- Grade Unit
- ppm
- Contained Metal
- 51
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.43”
Context: 3,700,000
measuredSanto Domingo Ag-Au · silverTonnes: 4920000Grade: 81Grade Unit: ppmContained Metal: 12800Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- measured
- Tonnes
- 4920000
- Grade
- 81
- Grade Unit
- ppm
- Contained Metal
- 12800
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“81”
Context: 4,920,000
measuredSanto Domingo Ag-Au · goldTonnes: 4920000Grade: 0.45Grade Unit: ppmContained Metal: 71Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- measured
- Tonnes
- 4920000
- Grade
- 0.45
- Grade Unit
- ppm
- Contained Metal
- 71
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.45”
Context: 4,920,000
inferredSanto Domingo Ag-Au · silverTonnes: 2000000Grade: 69Grade Unit: ppmContained Metal: 4400Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 2000000
- Grade
- 69
- Grade Unit
- ppm
- Contained Metal
- 4400
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“69”
Context: 2,000,000
inferredSanto Domingo Ag-Au · goldTonnes: 2000000Grade: 0.35Grade Unit: ppmContained Metal: 23Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 2000000
- Grade
- 0.35
- Grade Unit
- ppm
- Contained Metal
- 23
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.35”
Context: 2,000,000
inferredSanto Domingo Ag-Au · silverTonnes: 460000Grade: 68Grade Unit: ppmContained Metal: 1000Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 460000
- Grade
- 68
- Grade Unit
- ppm
- Contained Metal
- 1000
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“68”
Context: 460,000
inferredSanto Domingo Ag-Au · goldTonnes: 460000Grade: 0.36Grade Unit: ppmContained Metal: 2Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 460000
- Grade
- 0.36
- Grade Unit
- ppm
- Contained Metal
- 2
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.36”
Context: 460,000
measuredSanto Domingo Ag-Au · silverTonnes: 5660000Grade: 79Grade Unit: ppmContained Metal: 14300Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- measured
- Tonnes
- 5660000
- Grade
- 79
- Grade Unit
- ppm
- Contained Metal
- 14300
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“79”
Context: 5,660,000
measuredSanto Domingo Ag-Au · goldTonnes: 5660000Grade: 0.42Grade Unit: ppmContained Metal: 76Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- measured
- Tonnes
- 5660000
- Grade
- 0.42
- Grade Unit
- ppm
- Contained Metal
- 76
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.42”
Context: 5,660,000
inferredSanto Domingo Ag-Au · silverTonnes: 3900000Grade: 66Grade Unit: ppmContained Metal: 8300Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- silver
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 3900000
- Grade
- 66
- Grade Unit
- ppm
- Contained Metal
- 8300
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“66”
Context: 3,900,000
inferredSanto Domingo Ag-Au · goldTonnes: 3900000Grade: 0.31Grade Unit: ppmContained Metal: 36Contained Unit: kozView all detailsHide details
Identity
- Project
- Santo Domingo Ag-Au
- Commodity
- gold
- Ticker
- HAMR.CN
Resource Data
- Category
- inferred
- Tonnes
- 3900000
- Grade
- 0.31
- Grade Unit
- ppm
- Contained Metal
- 36
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-28T00:00:00.000Z
Reasoning: Indicated resource for Guadalupe Vein. (Expanded from multi-commodity resource table for completeness.)
Evidence · table
“0.31”
Context: 3,900,000
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.