Bayhorse Announces Operating Permit Application Response
February 22, 2023 BHS2023-03
BAYHORSE ANNOUNCES OPERATING PERMIT APPLICATION RESPONSE
Bayhorse Silver Inc, (BHS: TSX-V , BHSIF: OTCQB, 7KXN: FRANKFURT ) (the “Company”
or “Bayhorse”) reports that it submitted its Full Operating Permit Application for the Bayhorse Silver
Mine to the Oregon Department of Geological and Mining Industri es (“DOGAMI”) in mid-January
2023.
The permit application was delayed in 2022 due to the substanti al time taken to complete a required
survey of the Bayhorse Mine Property. The survey delay was due in part by the inability to locate
property boundary markers that we re lost during the establishme nt of the Brownlee Hydro-Electric
Reservoir on the Snake River, and the subsequent acquisition by Idaho Power of a portion of the
Bayhorse property that the reservoir would cover.
The Full Operating Permit is required for the Company to increase mining extraction above the 5,000
cu/yds permitted per year under the exemptions.
The Company has received its first formal response from DOGAMI, that includes, among other things,
a notice that based upon their GIS interpretation, the Company has exceeded its 1 acre surface
disturbance. The Company was allowed to operate under the 1 acr e surface disturbance and 5,000
cu/yds exemption without an operating permit..
Due to exceeding the permitted 1 acre surface disturbance, DOGA MI has formally advised that the
Company is restricted from conducting mining operations at the Bayhorse Mine until a Full Operating
Permit is issued by DOGAMI. A Full Operating Permit will allow the Company to mine above the
5,000 cu/yds per year it has been restricted to.. The Company i s currently working with DOGAMI to
address all concerns.
This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which
accepts full responsibility for its content.
On Behalf of the Board.
Graeme O'Neill, CEO
866-399-6539, 604-684-3394
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 p er year of silver/copper concent rate ranging between 7,500 to 15,000
g/t using standard flotation pro cessing 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 extensive 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.