Bayhorse Silver Inc., is pleased to report both high silver, and good gold values from the newly accessible Big Dog mineralized zone, Bayhorse Silver Mine, Oregon, USA. The high-grade sample results received from Big Dog Zone at the eastern end of the newly opened 550 foot portion of the historic workings, are tabulated below: Sample Type Ag Oz/t Ag g/t Grab 73.00 2,270.5 Chip 18.50 575.4 Chip 27.00 838.8 Chip 19.50 606.5 [...]
Bayhorse Silver Inc. is pleased to report it has completed the examination of the historical underground 1984 mine workings silver zone at the Bayhorse Silver Mine, as reported in the Company's news release, BHS2018-21. The Company has now accessed all the workings within the silver-copper mineralized zone at the Mine. 1500 feet of underground workings newly accessible Historical mine plan now undergoing evaluation [...]
Bayhorse Silver is pleased to report on operational activities at its Bayhorse Silver Mine. The Company has been working with Apex Geoscience, to not only provide historical background material for the NI-43-101 report currently in progress, but also to develop a comprehensive model of the mineralization at the far westerly reaches inside the Mine. This mineralized zone is approximately 800 feet inside from the mine [...]
Bayhorse Silver has, subject to TSX-V Exchange approval, increased the equity portion of prior announced non-brokered private placement from up to 3,000,000 Units at $0.10 per Unit to 4,650,000 Units for gross proceeds of $465,000, and closed the placement. The amended private placement will consist of 4,650,000 Units at ten per Unit. Each C$0.10 Unit will consist of one common share and one half of one transferable [...]
Bayhorse Silver announces that due to interest from investors, and subject to TSX-V Exchange approval, it is increasing the equity portion of prior announced non-brokered private placement from up to 1,500,000 Units at $0.10 per Unit to 3,000,000 Units for gross proceeds of $300,000. The amended C$300,000 private placement will consist of 3,000,000 Units at ten per Unit. Each C$0.10 Unit will consist of one common share [...]
Bayhorse Silver reports that, subject to TSX-V Exchange approval, it is conducting a non-brokered private placement of up to 1,500,000 Units at $0.10 per Unit for gross proceeds of up to $150,000 and a US$5,000 12% Convertible Debenture Unit financing for total proceeds of US$500,000. The Debenture shall be transferable and bear interest at a rate of twelve percent per annum, payable annually in arrears. Additionally, at [...]
Bayhorse Silver reports that M. Dufresne, M.Sc., P.Geol., P.Geo., Principal of APEX Geoscience Ltd, along with Dr. G.E. Ray, P.Geol., have conducted a site visit to the Bayhorse Silver Mine, Oregon, USA, as part of the preparation of an updated, Independent National Instrument 43-101 Technical Report on the Mine. The preparation of the Report will focus on; Incorporating all the historic drilling and sampling locations [...]
Bayhorse Silver has achieved near total silver recovery from the recent two stage leaching test program conducted for the Company by Richard Hammen, Ph.D. Chemistry, on its Bayhorse Silver Mine, Oregon, USA. The Company is in the process of establishing the effectiveness of the processing method at commercial levels of production. Dr. Hammen has taken his research success in chemical separations, begun while he was [...]
Bayhorse Silver Inc. updates its progress on the Bayhorse Silver Mine in Oregon, USA. The company has commenced planning the extraction of higher grade material from: the Junction zone, 300 feet inside the mine, the Big Dog zone, 600 feet inside the mine, and the Westerly Zone, extending a further 300 feet past the Big Dog Zone, Silver King Mines diamond drilled the Westerly Zone but mined it minimally prior to shutting [...]
Bayhorse Silver reports that as a result of a review by the British Columbia Securities Commission it is issuing the following news release to clarify its technical disclosure. The Company advises that it does not have current mineral resources or mineral reserves for its Bayhorse Silver Mine property. With respect to the Bayhorse Silver Mine disclosure of a historic estimate by Herdrick reported in the Company's past [...]
Bayhorse Silver has extended the new main production haulage drift at the Bayhorse Mine from the Mine portal over 700 feet to nearly the most westerly end of the historic mine workings. A crosscut I drift has been extended into the historic Big Dog Zone from the haulage way, where in 1984, Silver King Mines reported mining 5,718 tons grading an average 16.7 oz/t silver using a 6 oz/t silver cut-off grade. Big Dog Zone [...]
Bayhorse Silver is pleased to report that Fundamental Research Corp., has initiated coverage of Bayhorse Silver. Their report can be viewed at Fundamental Research www.researchfrc.com and third party websites. Bayhorse has a 100% Leasehold Interest in the recently opened Bayhorse Silver Mine, where mining and processing officially commenced in January 2018. During the past three months the Company has continued [...]