Bayhorse Silver has signed a Letter of Intent covering an off-take agreement for silver production from the Bayhorse Silver Mine. The agreement is with Minerals Solutions LLC of Coeur d'Alene, Idaho, a joint venture between Liberty Refiners LLC of Hayden, Idaho and Irish Metals LLC, of Coeur d'Alene, Idaho. InvestmentPitch.com has produced a "video" which discusses this news. If this link is not enabled, please visit [...]
Bayhorse Silver has signed a LOI with Minerals Solutions of Coeur D Alene Idaho, a Joint Venture between Liberty Refiners LLC (Liberty) of Hayden, Idaho and Irish Metals LLC (Irish) of Coeur D' Alene, Idaho. Under the LOI Bayhorse undertakes to provide to Minerals direct shipping material from the Bayhorse Silver Mine, Oregon, USA. Minerals will concentrate, process, refine and sell, or return refined silver to Bayhorse [...]
Bayhorse Silver announces, subject to TSX-V approval, a financing consisting of a three year Convertible, Silver-Convertible, Debenture for gross proceeds of up to US$750,000. The Debenture shall bear interest at a rate of twelve (12%) percent per annum, payable annually in arrears. Additionally, at the election of the Holders, the Debenture will be convertible into common shares of the Company at C$0.20 cents per share [...]
Bayhorse Silver has received successful results from Steinert US (Steinert) of the approximately 3,275 kg that was submitted for the ongoing Ore-Sorting testing on the Bayhorse Silver Mine mineralization using the KSS 100 XRay Transmissive Ore-Sorter that the Company has purchased. The 3,275 kg low grade (95.36 g/t or 2.78 oz/t) material supplied to Steinert for the testing was to establish a potential cut-off grade for [...]
Bayhorse Silver has reopened the silver rich, formerly productive Sunshine mineralized zone, at the Bayhorse Silver Mine, Oregon, USA. Development work at the Sunshine zone has exposed veins, bands, seams and stringers of mineralization across the face, back and ribs of the workings. Silver bearing tetrahedrite (copper) is the main mineral. The 140 foot long Sunshine zone was last mined in 1926. Historic smelter records [...]
Bayhorse Silver is currently operating at the Bayhorse Silver Mine, east-central Oregon, with two highly experienced mining crews on a seven days per week schedule. In preparation for the delivery of the Steinert "Ore-Sorter" equipment, the Company is in the process of establishing a new 10ft by 8 ft "Production" drive into the historic mineralized zone to enable efficient and effective mining of the mineralized zone [...]
Bayhorse Silver has completed three days of sorting of 3,000 Kg of Bayhorse Mine mineralized silver bearing material on the KSS100, Transmissive X-Ray Ore-Sorter that the Company has ordered. The testing was conducted at the Steinert facility at Walton, USA. The ore-sorting algorithms used were specifically designed to identify the Bayhorse silver mineralization and to effectively sort mineralized material sized as small [...]
]Bayhorse Silver has, subject to TSX-V approval, increased its previously announced financing of 5,000,000 Units at $0.15 per Unit to 6,000,000 Units at $0.15 cents per Unit for gross proceeds of $900,000. Each Unit consists of one (1) common share and one (1) transferable common share purchase warrant at an exercise price of $0.25 cents, exercisable for a period of 24 months from issuance. The Company has closed a 2nd [...]
Bayhorse Silver has advised American Cordillera Mining that it has met the minimum expenditures as detailed in the Mining Lease Option Agreement dated December 4, 2013 with respect to the Bayhorse Silver Mine. As of May 2, 2017, the Company has expended in excess of the minimum US$1,500,000 of required property expenditures as defined in the Option Agreement and has exercised its option to acquire an 80% undivided right [...]
Bayhorse Silver announces that it has ordered a KSS100, Transmissive X-Ray Ore-Sorter from Steinert US for use at the Bayhorse Silver Mine, East-Central Oregon. The KSS100, with an up to 40 ton/hour sorting capacity throughput, can effectively separate non-mineralized from mineralized material in the mine output prior to processing. The Company has conducted extensive testing of the Bayhorse mineralization with Steinert [...]
VANCOUVER, BC / ACCESSWIRE / April 25, 2017 / Bayhorse Silver Inc. (TSX-V: BHS) (OTC PINK: KXPLF) (the "Company" or "Bayhorse") announces that, subject to TSX-V approval, it is conducting a non-brokered private placement of up to 5,000,000 Units at $0.15 per Unit for gross proceeds of up to $750,000 and has closed a first tranche for gross proceeds of $325,000. Each Unit will consist of one (1) common share and one (1 [...]
BURNABY, BC / ACCESSWIRE / April 24, 2017 / Bayhorse Silver Inc. (TSX-V: BHS) (OTC PINK: KXPLF) (the "Company" or "Bayhorse") has shipped approximately 3,000 kilos (6,600lb) of crushed mineralization to Steinert US to refine the Ore-Sorting equipment algorithm settings to ensure maximum separation of mineralized from non-mineralized material. By removing non-mineralized material from the process stream before final [...]