Bayhorse Metallurgical Sample Returns 5.12 G/T GOLD from Its Cr Ane Creek GOLD Silver Project, Idaho, USA
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September 26, 2022 BHS2022-18
BAYHORSE METALLURGICAL SAMPLE RETURNS 5.12 G/T GOLD FROM ITS CR ANE
CREEK GOLD SILVER PROJECT, IDAHO, USA
Bayhorse Silver Inc, (BHS: TSX-V , BHSIF: OTCQB, 7KXN: FRANKFURT ) (the “Company”
or “Bayhorse”) reports that the previously announced 1,302 lb metallurgical sample from the Crane
Creek Gold Project, Idaho, USA, was milled to minus 1 mm (20 mesh) and was processed through the
gravity concentrating circuit and separated into four (4) streams, that were sampled to give an average
grade of the total 1,302 lbs.
The total contained ounces of gold in the 1302 lb sample was 0.1 oz or 3.09 g, or 0.15 oz (5.12 g) per
metric ton, and are tabulated below.
lbs kg Pct/ton 0z/t Gms
Total Gms
Sample
Total
Tails 856 389 0.43 0.11 3.42 1.46
Con3 365 166 0.18 0.12 3.73 0.68
Con2 52 23.6 0.03 0.32 9.83 0.26
Con1 29 13.2 0.01 1.52 47.21 0.68
1302 592 0.65 3.09
The metallurgical samples were taken from the previously sampled sites as reported in the Company’s
news release: BHS2022-16, that returned 33.87 g/t (1.089 oz/t) gold and 136.85 (4.4 oz/t) silver ;26.4
g/t (0.849 oz/t) gold and 140 g/t (4.5 oz/t) silver; 15.3 g/t ( 0.493 oz/t) gold and 68.42 g/t (2.2 oz/t)
silver; and 1.36 g/t (0.044) oz/t gold and 124 g/t (4.0 oz/t) silver.
The samples have also been submitted to American Analytical Lab for 36 element ICP assays.
The Company advises that the lar ger metallurgical samples are s till considered selected samples and
may not be indicative of, or representative of potential mined grades.
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An application has been made to take an up to 1,000 ton bulk sa mple from the prope rty, that will be
processed at the Company’s Mill, at Payette, Idaho.
Mineralization at Crane Creek c onsists of gold and silver beari ng arsenopyrite. The intent of the
metallurgical testing of Crane Creek mineralization is to deter mine the gravity, flotation and leaching
characteristics of the gold-bearing arsenopyrite mineralization.
The Crane Creek claims cover a substantial 3 – 6 meter (10 - 2 0ft) wide gold and silver bearing
structure, that extends north from, and lies in close proximity to, Integra’s Delam ar Gold Project in
Southwest Idaho, 120 km (75 road miles) from the Bayhorse Mill. The significant gold mineralization
in Southwestern Idaho is interpreted to be the northern extension of the Carlin Gold Trend.
Bayhorse CEO, Graeme O’Neill, comments “As a Company, we have achieved significant progress in
advancing the Company’s agenda. With the addition of the Crane Creek Gold Project, we have added
a significant gold component to add to the current silver feed to our processing facility in Payette,
Idaho. We have drill permitted our Brandywine gold/silver proje ct, where we believe a substantial
historic gold resource remains to be drill proven, and we are nearing completion of the silver leaching
tests being conducted by Clean Earth Technologies, of Singapore , in conjunction with CSIRO, and
SGS Australia. Our ultimate goal is to establish a solid silver/gold throughput at our Idaho Mill.”
The Company is not basing any decision to produce on a feasibil ity study of mineral reserves
demonstrating economic and techni cal viability and advises ther e is an increased uncertainty and
specific economic and technical risk of failure with any produc tion decision. These risks include, but
are not limited to, (i) a drop in price of commodities produced , namely silver, gold, copper, lead and
zinc, from the pricing used to make a production decision; (ii) failure of grades of the produced material
to fall within the parameters used to make the production decision; (iii) an increase in mining costs due
to changes within the mine during development and mining procedures; and (iv) metallurgical recovery
changes that cannot be anticipated at the time of production.
The Company conducted its Annual General Meeting on September 1 5th, in Victoria, BC. Directors
Graeme O’Neill, James Walker, John Cerenzia and Corey Klassen were each approved as Directors of
the Company with over 99% approval of the votes cast for each Director. The number of Directors was
set at four for the coming year . Charlton & Company were reappo inted auditors, and the Company’s
Stock Option Plan also received over 99% approval.
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This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which
accepts full responsibility for its content. Dr. Stewart Jackso n, P.Geo., a Qualified Person and
Consultant to the Company has prepared, supervised the preparat ion of, and approved the technical
content of this press release.
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.