Bayhorse Geological Team Assessing The Brandywine VMS-Precious Metals Project

August 21, 2019                                                                                                                    BHS2019-24

BAYHORSE GEOLOGICAL TEAM ASSESSING THE BRANDYWINE VMS -PRECIOUS METALS PROJECT

Bayhorse Silver Inc. BHS: TSX-V (the “Company” or “Bayhorse”) has commenced geological operations at its precious- metals -rich, Brandywine, Volcanogenic Massive Sulfide Project, British Columbia, Canada.

The Company has confirmed historic gold and silver drill hole locations and located the historic drill core. The team has identified the width and strike of the partially mined Tedi zone. The mineralized zone is exposed across a 100-foot wide zone , running  400 feet along strike.

The previously mined Quartz and Silver Tunnels have been located. From the Quartz Tunnel elevation at  607 m (1,991 ft) through the Dave’s Pond mineralized zone, and up to the Tedi pit at 943 m (3,090 ft) suggest a minimum vertical extent of 330 m (1,100 ft) .

The known reported strike length of 1.8 km (5,900 ft) between the Quartz Tunnel and the Tedi pit is derived from past exploration, mineralization presence and former mining activity.


Dr S Jackson, P.Geol and C. Baldys, P.Geo examining the extensive Tedi Pit mineralization

Reported production from the Tedi pit (Minfile) was 10,385 tonnes with recoveries of 23,054 oz/silver, 11,045 oz/gold, 363,386 lbs of lead, 352,424 lbs of zinc and 26,534 lbs of copper.(Van Silver Mines 1977)

A later 4.5 meter sample from the North Pit at Tedi reportedly graded 1.6 g/t gold, 150 g/t silver, 1.71% copper, 10.95% lead and 14.08% zinc.

A three- hole 2010 drill program conducted by Auramex at Daves Pond to confirm the high gold grades reported by La Rock mining in 1995, the highest gold value reported was in the  hole BRW-7 that assayed 1.63 g/t Au over 1.52m. However, they reported that a 30 cm long interval containing visible gold (VG) was excluded from the sample and not assayed. . (Walus, Dunn 2010) The description of the visible gold section suggests the presence of a nugget effect.

Hole BRW-5 assayed 6.2 g/t Au over 1.5 m, and BRW-6 assayed  3.3 g/t Au over 1.5 m.

A link is provided here to the entire resampling reportincluding all assay data and intervals

Bayhorse CEO Graeme O’Neill comments. “the Brandywine Project brings us a significant, well advanced, drill ready, gold and silver project to Bayhorse to complement our high grade Bayhorse Silver Mine. After visiting Brandywine with our highly experienced geological team and seeing the easy access, with well developed drill pads in place, and the ability to work year around we believe the exploration will be very cost effective.”

The readily accessible, 1,432 hectare, brownfield Brandywine project has undergone several mining and exploration phases including bulk tonnage shipments to smelters, extensive drilling, and extensive geochemical and geophysical studies,  (2018 Brandywine Minfile Report)

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The most definitive indications of the nature of the mineralization on the property are two smelter shipments as follows:

  1. A 50 ton bulk sample in 1967 grading 83.1 g/t gold, 354 g/t silver, 9.9% lead, 7.4% zinc, 0.30% copper per ton to East Helena , Montana, smelter from the Silver Tunnel and Main Zone (Melling, 1994, Walus 2011)
  2. A 500 ton sample grading 14.2% lead, 12.5% zinc, 339 g/t silver, and 2.57 g/t gold per ton to the Cominco Smelter in Trail in 1977 (Walus, 2011, Melling, 1994).

The Company advises that the information is of a historic nature. Historic production estimates and grades reported have not been verified. A qualified person has not done sufficient work to verify the historical estimates nor classify the historic estimates as current mineral resources or mineral reserves, and the Company is not treating the historical estimates as current mineral resources or mineral reserves.

The detailed drill data available from prior extensive work by several exploration groups is preserved, and will serve as a basis for confirmation drilling of the known sulphide mineralization target areas, that is currently being planned.

The work program at Brandywine is being funded through a recently announced flow-through financing.

The Company has granted 1,400,000 stock options to directors, officers and consultants that fully vest on the date of grant and are exercisable at an exercise price of $0.10 on or before August 22, 2024.

Bayhorse CEO Graeme O’Neill has exercised 750,000 incentive stock options at C$0.10 for net proceeds to the Company of $75,000.

This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its contents. Dr. Stewart Jackson, P.Geo., a Qualified Person and Consultant to the Company has prepared, supervised the preparation of, and approved the technical content of this press release.

On Behalf of the Board.

Graeme O’Neill, CEO

604-684-3394

Bayhorse Silver Inc., a junior exploration company, has earned 100% interest in the historic Bayhorse Silver Mine Oregon, USA. and has optioned the Brandywine, precious metals rich, volcanogenic massive sulphide property located in B.C., Canada. The Company has an experienced management and technical team with extensive exploration and mining expertise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Bayhorse Takes Underground Metallurgical Samples For Assay

August 27, 2018 BHS2018-26

Bayhorse Silver Inc., TSX-V: BHS (“Bayhorse” or the “Company”) reports that it is systematically sampling 550 feet of the newly exposed underground workings, in the most westerly segment of the historic Bayhorse Silver Mine. On completion, a further 500 feet of stopes and raises will be sampled.

• A 30kg metallurgical sample has been taken
• 60 channel samples have been submitted for assay
• long hole sampling is underway
• survey of newly accessed workings is underway

The Company has taken a 30kg metallurgical sample from a winze at the south-east end of the Big Dog zone. The sample has been submitted to American Analytical Lab, Idaho, where it will be crushed, homogenized, and assayed. Two identical 10kg samples will be sent to two overseas smelters for metallurgical testing, while a coarse reject will be retained by the Company. Three samples from the location of the metallurgical sample have been submitted to the lab for assay. Two assay samples will be taken from the metallurgical sample. Assays will be reported as received.

60 channel samples have been taken from the back and ribs of 200 feet of the westerly end of the newly accessed main haulage way to confirm the locations of both the high grade and low grade mineralized zones that are marked on the historic mine resource plan. Assay results will be reported as received.

A series of long holes are being carried out along 200 foot of drifts to confirm the thickness of the mineralized zone, historically reported as averaging 20 feet in thickness. Cuttings are being taken at 1 meter intervals and are being submitted for assay. Assay results will be reported as received.

A survey is underway of the recently accessed 1984 workings. This survey will better define in relation to historic mined areas, the block of mineralization that the Company is preparing to extract. It will also tie in the historic workings with the new development work. It will better define the extent of the mineralized zone for mine planning and for the National Instrument NI-43-101 Technical Report that is near completion by Apex Geoscience Ltd.

Bayhorse CEO Graeme O’Neill comments “We have been faced with declining silver prices this past year that has affected shareholder confidence. Recently, Sprott Media reported that silver shorts are now at record highs, up 84% for the year to date. The report states that 96,000 contracts of silver representing almost 480 million ounces are short, which they state is astounding considering only 852 million ounces were mined in 2017 (Silver Institute, World Silver Survey, 2018)” “While we do not know when prices will recover, historical records show that when shorts are at record highs, prices inevitably rebound when short covering commences.”

The Company is not basing any decision to produce on a feasibility study of mineral reserves demonstrating economic and technical viability and also advises there is increased uncertainty and specific economic and technical risks of failure with any production decision.

Assaying for the samples reported above is being undertaken by American Analytical Services Labs of Osburn, Idaho. The analytical method used for the silver analysis consists of a 1 Assay Ton (AT) sample subjected to fire assay with gravimetric finish. Base metals are subjected to an ICP 35 element, four acid digestion assay.
This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its contents. Dr. Stewart Jackson, P.Geol., a Qualified Person and Consultant to the Company has prepared, supervised the preparation of, or approved the technical content of this press release.

On Behalf of the Board.

Graeme O’Neill, CEO
604-684-3394

Bayhorse Silver Inc., a junior exploration company, has earned 100% interest in the historic Bayhorse Silver Mine, Oregon, USA. The Company has an experienced management and technical team with extensive exploration and mining expertise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Bayhorse Ore-Sorter Installed And Fully Operational

December 4, 2017 BHS2017-25

BAYHORSE ORE-SORTER OPERATIONAL AT BAYHORSE SILVER MINE, OREGON, USA.

Bayhorse Silver Inc. (“Bayhorse” or the “Company”) (TSX-V: BHS) is pleased to report that on November 30, 2017, Steinert US commissioning personnel handed over the KSS100 X-Ray Transmissive “Ore-Sorter” to Bayhorse CEO, Graeme O’Neill, in a fully operational state at the Bayhorse Silver Mine, Oregon, USA.

Before handing over the Ore-Sorter to Bayhorse, Steinert US personnel conducted their standard “on-site” comprehensive pre-commissioning tests. The final step was installing the three ore-sorting algorithms that were developed from Bayhorse mineralized material shipped to the Steinert US test facility at Walton, Kentucky, USA in May of this year. (See NR BHS2017-14)
IMG_1300

Bayhorse Ore-Sorter and Steinert US technical commissioning personnel with Bayhorse CEO Graeme O’Neill and Mine operating personnel.
Bayhorse CEO Graeme O’Neill comments “Commissioning the KSS 100 Ore-Sorter, with state- of- the -art sensing and sorting technology, concludes a major milestone by installing cutting-edge technology to separate mineralized from non-mineralized material at the Bayhorse Silver Mine.” “The Ore-Sorter is completely automatic, with sorting operations and performance monitored remotely by both Steinert and the Company. Steinert can change the operational characteristics and sorting algorithms of the Ore-Sorter at their US operations center, without ever needing to do a site visit.”

Levi Duncan, Bayhorse Operations Manager, along with his two highly experienced mining teams from Idaho’s Silver Valley, led by Bayhorse Mine Supervisors, Josh Haynes and Jon Farrell, played a significant role in achieving this momentous occasion.

Upgrading the 1,300 tonnes of stockpiled silver mineralized oxide and sulphide material, from underground development conducted concurrent with the Ore-Sorter installation, will continue through to January, 2018. The Bayhorse Silver Mine operates on a 7 day and week schedule.

The first mineralized material to be processed through the Ore-Sorter is from the Sunshine Zone in the upper level, where grab samples from blasted mined rounds assayed as shown in the following table: (previously disclosed in the Company’s news release BHS2017-17).

bhsdec42
bhsdec43
Grab/select samples are selected samples and are not representative of the mineralization hosted on the property.

Dr. Bill Willoughby, the Company’s mining engineer, supervised the underground development, including 530 feet of new workings into unexplored areas of the Mine, that intersected new mineralized zones. A stockpile of 1,300 tonnes of mineralized oxide and sulphide development material, both of which the Ore-Sorter readily sorts, was derived from both the upper level workings and the two new mineralized zones in the intermediate level.
The Company advises it is not basing any decision to produce on a feasibility study of mineral reserves demonstrating economic and technical viability and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision.
This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its contents. Dr. Clay Conway, P.Geol., a Qualified Person and Director of Bayhorse has prepared, supervised the preparation of, or approved the technical content of this press release.

On Behalf of the Board.

Graeme O’Neill, CEO
604-684-3394

Bayhorse Silver Inc. has earned an 80% interest in the historic Bayhorse Silver Mine, Oregon, USA, through current underground development , and construction of concentrating facilities.

Bayhorse is also earning a 75% interest in the Bridging the Gap Project, consisting of past producing historic Crown Point, Silver King, Ranger, Wyoming, Curlew, and Blackhawk silver/lead/zinc mines of ASARCO in Idaho’s Silver Valley.

The Company has an experienced management and technical team with extensive exploration and mining expertise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.