Very interesting paintjob! I looks a lot like the 1988 Hammer, but the frame is clearly from the 90s and even the fade is done differently.

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I have seen a lot of Hammer on Marketplace / Kijiji / Ebay but none looked like that one. Great find, I'll be following this build 👍.
Didn't 90's vintage Hammers have a sloping top tube? I keep looking at the bike and the frame really reminds me of the late 80's RM's like my old Fusion. Particularly with the chain stay mounted U-brake. That's exactly what my Fusion came with.
 
I also believe that this frame was made after 1990. If I had to bet on a year, it would be 1991; it just looks so much like the one in the picture I posted above!
 
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