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Bayhorse Adds Idaho Claims to the Bayhorse Property.

Mergers & Acquisitions

November 20, 2023 BHS2023-14

BAYHORSE ADDS IDAHO CLAIMS TO THE BAYHORSE PROPERTY.

Bayhorse Silver Inc, (BHS: TSX-V , BHSIF: OTCQB, 7KXN: FRANKFURT ) (the “Company”

or “Bayhorse”) has added additional claims in Idaho to its Bayhorse Silver Mi ne Property, Oregon,

USA.

The new claims extend over 1.6 km (1 mile) east from the Bayhorse Mine across the Snake River into

Idaho along a south-east trend that historic geological mapping (Figure 1) shows the presence of silver-

hosting rhyolite. Historic mine workings and known silver-beari ng mineralization are present in the

new claims area.

Hercules Silver has recently discovered a copper porphyry depos it associated with a red schist

conglomerate at one of its prope rties lying approximately 40 km (26 miles) north-northeast of the

Bayhorse Mine (Figure 2 below). Hercules has acquired a second property 24 km (14 miles) NE of

Bayhorse. A conglomerate, similar to that on the Hercules groun d is present adjacent to the silver-

bearing rhyolite on the Bayhorse Property, prompting the extension of the new claims into Idaho.

The Bayhorse and Hercules Silver properties have similar geological settings and silver mineralization,

including significant copper, antimony, and zinc credits. This has spurred Bayhorse to extend further

the known silver bearing zones.

An airborne deep penetrating VTEM survey is planned over the en tire Bayhorse claims in both Idaho

and Oregon to determine whether an anomaly is present that could indicate the presence of both high-

grade silver and a porphyry copper deposit.

Drs. Ray and Conway are currently assessing the Bayhorse Mine s tructure and geology to determine

how best to test the extensive historic underground workings to depth for any underlying

mineralization below the known mineral horizon.

Figure 1.

Figure 2

This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which

accepts full responsibility for its content. Dr. G.E. Ray, P.Ge o, a Qualified Person and Consultant to

the Company has prepared, supervised the preparation of, and ap proved the technical content of this

press release.

On Behalf of the Board.

Graeme O'Neill, CEO

866-399-6539

About Bayhorse Silver Inc.

Bayhorse Silver Inc. is an exploration and production company w ith a 100% interest in the historic

Bayhorse Silver Mine located in Oregon, USA. With state of the art Steinert Ore-Sorting technology

reducing waste rock entering the processing stream by up to 85% , we have created a minimum

environmental impact facility capable of mining 200 tons of min eralization per day and the ability to

process and supply 3,600 tons per year of silver/copper/antimon y concentrate ranging between 7,500

to 15,000 g/t using standard flotation processing at its milling facility in nearby Payette County, Idaho,

USA, with an offtake agreement in place with Ocean Partners UK Limited. The Company also has an

option to acquire an 80% interest in the Brandywine high grade silver/gold property located in B.C.

Canada. The Company has an experienced management and technical team with extensiv e mining

expertise in both exploration and building mines.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts res ponsibility for the adequacy or accuracy of this

release.