Mr. Peter Ball reports

SILVER HAMMER COMMENCES SUMMER EXPLORATION PROGRAM AT ITS STRATEGICALLY LOCATED FAHEY SILVER PROJECT IN THE SILVER VALLEY OF IDAHO

Silver Hammer Mining Corp. has commenced a summer surface reconnaissance program at its Fahey silver project, strategically located in the centre of the Silver belt of the Coeur d'Alene mining district in Idaho, United States.

"The company is excited to commence our summer surface exploration program at our Fahey project, a strategic landholding surrounded by senior silver producers and explorers in one of the most sought-after locations in the Silver Valley," commented Peter A. Ball, president and chief executive officer. "The project has not been explored for over 60 years, and our technical team looks forward to bringing modern exploration and understanding to such an interesting and highly prospective silver project. Our team is focused on confirming the surface location of the Upper Revett formation across the different fault blocks of the property and to further review the mineralization at the portals of adits and known multiple vein exposures on the property. The company is working towards filing a plan of operations by the end of the summer to receive a permit for an anticipated deep drill hole program."

Reminder of the key highlights of the Fahey property:

• The Fahey property consists of 360 acres, covered by 18 unpatented U.S. lode claims, situated directly in the strategic centre of the Silver belt portion of the Coeur d'Alene mining district, one of the top-known producing silver regions in the world.
• More than 20 veins have been identified within the Fahey property, which is more than the number of veins in either the Bunker Hill mine (the largest mine in the district) or the Sunshine mine, with the greatest silver production in the Coeur d'Alene mining district.
• The Fahey property is the last property within the Silver belt that has remained largely unexplored despite its strategic prime location, and has been one of the desired properties to be acquired and explored for many years.
• The Fahey property has been owned by the same family for over 60 years, and this will represent the first time the property has been available to be explored with modern exploration.
• The Fahey property occupies a strategic position between property owned by"Sunshine Silver Mining and Refining and Americas Gold and Silver.
• The Fahey property is underlain by the same favourable Upper Revett formation quartzite.

Fahey project overview

The 18 unpatented claims of the Fahey property are located in the heart of the Silver belt sector of the Coeur d'Alene mining district. The Coeur d'Alene district is one of the premier silver-producing mining districts in the world. The Silver belt accounts for just over half of the silver produced in the district, and there is no meaningful production recorded and very limited exploration on the Fahey property.

Readers are cautioned that the company has not independently verified the information in respect of properties adjacent to the Fahey property and the mineralization on adjacent properties may not be indicative of the mineralization on the Fahey property.

The company entered into an option agreement to earn 100 per cent of the Fahey project. Please refer to the company's press release dated Oct. 20, 2025, for additional information and technical disclosure.

The scientific and technical information in this news release has been reviewed and approved by Damir Cukor, PGeo, the company's technical director -- projects -- and a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Silver Hammer Mining Corp.

Silver Hammer is a well-financed junior resource company focused on advancing past-producing high-grade silver projects in the United States. Silver Hammer controls 100 per cent of six previously producing silver mines which are located within the Silver Strand project in the Coeur d'Alene mining district in Idaho, United States, and within the Eliza silver project and the Silverton silver mine in Nevada. The company also controls the Fahey group silver project in the Silver Valley, Idaho. Silver Hammer's primary focus is to explore, define and develop silver projects near past-producing mines that have not been adequately tested. The company's portfolio also provides exposure to copper and gold.

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