Silver Hammer and Stroud Resources Announce Updated Mineral Resource Estimate for the Santo Domingo Silver-Gold Project, Mexico
Original announcement by investingnews on
- Company
- Silver Hammer Mining Corp.
- Ticker
- HAMR
- Exchange
- CSE
- Region
- Mexico
- Primary commodity
- Silver
- Secondary commodities
- Gold
- Document categories
- Resource update
- Extracted
- 2026-08-29 00:03:49 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Silver Hammer and Stroud Resources have released an updated Mineral Resource Estimate for the Santo Domingo Silver-Gold Project in Mexico. The updated MRE reports 5.7 Mt of Measured and Indicated resources at 79 g/t Ag and 0.42 g/t Au, though total contained metal has decreased compared to the 2017 estimate due to improved modeling rigor.
Reasoning: The update provides a more robust and transparent resource using contemporary modeling, though it results in a reduction of contained metal compared to the 2017 estimate due to more rigorous methodology.
Positive factors
- NI 43-101 compliant
- QP signed
- QA/QC disclosed
- underground mining parameters applied
Negative factors
- reduction in reported contained ounces compared to 2017 MRE
- significant portion in Inferred category
Facts used in scoring: 12
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”
QA/QC Disclosedpositive · Story-specific tag
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions QA/QC checks using blanks, core duplicates, and certified reference material.
Evidence · text
“QA/QC checks were made using industry-standard control charts for blanks, core duplicates and commercial certified reference material”
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
“reported using a break-even underground mining net smelter return (" NSR ") cut-off of US$90.0/t”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Resource Estimates (12)
indicatedSanto Domingo Silver-Gold Project · silverTonnes: 740000Grade: 63Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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: Standard indicated resource component for the Guadalupe Vein.
Evidence · table
“63”
Context: 740,000
indicatedSanto Domingo Silver-Gold Project · goldTonnes: 740000Grade: 0.2Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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: Standard indicated gold grade for the Guadalupe Vein.
Evidence · table
“0.20”
Context: 740,000
inferredSanto Domingo Silver-Gold Project · silverTonnes: 1500000Grade: 61Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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 component for the Guadalupe Vein.
Evidence · table
“61”
Context: 1,500,000
inferredSanto Domingo Silver-Gold Project · goldTonnes: 1500000Grade: 0.24Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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 resource component for the Guadalupe Vein.
Evidence · table
“0.24”
Context: 1,500,000
measuredSanto Domingo Silver-Gold Project · silverTonnes: 1200000Grade: 97Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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: High grade measured component for La Raya Vein.
Evidence · table
“97”
Context: 1,200,000
measuredSanto Domingo Silver-Gold Project · goldTonnes: 1200000Grade: 0.51Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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: High grade measured component for La Raya Vein.
Evidence · table
“0.51”
Context: 1,200,000
indicatedSanto Domingo Silver-Gold Project · silverTonnes: 3700000Grade: 76Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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: Significant indicated component for La Raya Vein.
Evidence · table
“76”
Context: 3,700,000
indicatedSanto Domingo Silver-Gold Project · goldTonnes: 3700000Grade: 0.43Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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: Significant indicated component for La Raya Vein.
Evidence · table
“0.43”
Context: 3,700,000
inferredSanto Domingo Silver-Gold Project · silverTonnes: 2000000Grade: 69Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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 component for La Raya Vein.
Evidence · table
“69”
Context: 2,000,000
inferredSanto Domingo Silver-Gold Project · goldTonnes: 2000000Grade: 0.35Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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 resource component for La Raya Vein.
Evidence · table
“0.35”
Context: 2,000,000
inferredSanto Domingo Silver-Gold Project · silverTonnes: 460000Grade: 68Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- silver
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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 component for Zopilote Vein.
Evidence · table
“68”
Context: 460,000
inferredSanto Domingo Silver-Gold Project · goldTonnes: 460000Grade: 0.36Grade Unit: ppmView all detailsHide details
Identity
- Project
- Santo Domingo Silver-Gold Project
- Commodity
- gold
- Region
- mexico
- Reported Region
- Mexico
- Ticker
- HAMR
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 resource component for Zopilote Vein.
Evidence · table
“0.36”
Context: 460,000
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.