Bayhorse Details High Grade Silver Distribution, Bayhorse Mine, Oregon, USA
Bayhorse Details High Grade Silver Distribution,
Bayhorse Mine, Oregon, USA
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2019) -
Bayhorse Silver Inc., (TSXV: BHS) ("Bayhorse" or the
"Company") reports 23 silver channel sample assays from the Bayhorse Silver Mine, Oregon, USA.
This sampling will assist in selectively mining the higher grade zones while designing barren portions as support pillars.
Full channel sample results are tabulated below:
Sample
Ag g/t
Ag oz/t
1
WR1
87.08
2.80
2
WR2
304.81
9.80
3
WR3
715.37
23.00
4
WR4
10.57
0.34
5
WR5
111.97
3.60
6
WR6
252.56
8,12
7
WR7
6.22
0.20
8
WR8
544.30
17.50
9
WR9
902.00
29.00
10
WR10
217.41
6.99
11
2AE
37.95
1.22
12
2BE
18.35
0.59
13
2CE
28.61
0.92
14
3AE
510.09
16.40
15
3BE
363.91
11.70
16
3CE
503.88
16.20
17
4AE
80.56
2.59
18
4BE
171.69
5.52
19
4CE
112.90
3.63
20
5AE
57.85
1.86
21
5BE
41.99
1.35
22
5CE
45.72
1.47
23
5Blank
3.73
0.12
The channel samples were taken from two newly built raises and stopes separated 50 foot apart south to north with virgin ground
between.
Samples measuring 1 meter (3.3ft) by 0.2 meters (6 inches), were taken on 0.9 meter (10 ft) centers. The WR series of
samples were taken both vertically and horizontally, while the other samples were over a vertical distance of 3 meters (10 ft) with
three 1 meter samples in each sample location. All samples are from the westerly end of the newly accessed main haulage way.
Bulk sampling is underway at this location.
Bayhorse CEO Graeme O'Neill comments, "This detailed sampling program will allow us to better design removal of the high
grade portions of the deposit while conserving the lower grade zones as critical support pillars. Just like building a cathedral
from inside out, the pillars help support the opening and roof that has been created by removing the mineralized rock. The
sampling also helps in gauging the silver upgrade of the plus 8 mm material through the ore-sorter, and grade of mineralized
material that is in the minus 8 mm material to determine the actual grade mined."
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 an increased uncertainty and specific economic and technical risk of failure with any
production decision. These risks include, but are not limited to , a drop in price of commodities produced, namely silver, copper ,
lead and zinc, from the pricing used to make a production decision. Failure of grades of the produced material to fall within the
parameters used to make the production decision, and increase in mining costs due to changes within the mine during
development and mining procedures. There are also metallurgical recovery changes that cannot be anticipated at the time of
production.
Assaying for the samples reported above is by American Analytical Services Labs of Osburn, Idaho. The analytical method used
for the silver analysis consists of a 1 Assay Ton (AT) samples 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.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.
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.