Bayhorse Silver Inc. Sample Returns 2,270.5 Silver (73 oz/t Silver), and 1.2 g/t Gold, from Selected Grab Sample at Bayhorse Mine, Oregon, USA
Bayhorse Silver Inc. Sample Returns 2,270.5 Silver (73
oz/t Silver), and 1.2 g/t Gold, from Selected Grab Sample
at Bayhorse Mine, Oregon, USA
Vancouver, British Columbia--(Newsfile Corp. - August 16, 2018) - Bayhorse Silver Inc., (TSXV: BHS) ("Bayhorse" or the
"Company") is pleased to report both high silver, and good gold values from the newly accessible Big Dog mineralized zone,
Bayhorse Silver Mine, Oregon, USA.
The high-grade sample results received from Big Dog Zone at the eastern end of the newly opened 550 foot portion of the
historic workings, are tabulated below:
Sample Type
Ag Oz/t
Ag g/t
Grab
73.00
2,270.5
Chip
18.50
575.4
Chip
27.00
838.8
Chip
19.50
606.5
Grab
56.20
1,748.0
Grab
32.50
1,010.8
Chip
5.28
164.2
(Chip & grab samples are selected samples and are not representative of the mineralization hosted on the property).
These samples compare favorably with the sampling done in this zone by Cordex (1976) and Silver King in 1984, when
historical mining reported 5,718 tons of which 23% graded between 21 oz/t 653 g/t) and 100 oz/t (3,110 g/t), 71% that graded
between 6 oz/t (186 g/t and 20 oz/t (622 g/t) with the remainder grading under 6 oz/t.
Additional sampling along the 1,500 feet of newly exposed workings is being undertaken by the Company, including long hole
drilling sampling, to confirm other historical drilling results, and assays will be disclosed when received.
The Company has been advised by Apex Geoscience Ltd (Apex), that it is in the final stages of preparing a revised NATIONAL
INSTRUMENT-43-101 Technical Report on the Bayhorse that is anticipated to be completed and delivered in early September.
Silver bearing stockwork Big Dog Zone.
Photo encompasses a width of approximately 1 m.
To view an enhanced version of the
Silver bearing stockwork Big Dog Zone, please visit:
https://orders.newsfilecorp.com/files/5015/38142_a1534439897345_5[1].jpg
Bayhorse CEO, Graeme O'Neill comments: "
Discovery of gold along with the very high grade silver in this zone, that mirrors
the published historic sampling assay results, and identifying one of the number of mineralized zones Silver King blocked
out in preparation for mining in 1984 should be extremely encouraging for our investors."
As part of the NI-43-101 Report the Company has completed a review of the performance of the Steinert XRT ore-sorter and is
pleased to report that it has shown consistent upgrading factor for sulfide material of between 20 and 25 times, that is far in
excess of the originally calculated 5 to 10 times.
Assaying for the samples reported above was undertaken by American Anaylytical Services of Labs of Osburn, Idaho. The
analytical method used for the silver analysis consisted of a ½ AT sample
subjected to
fire assay with gravimetric finish.
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.Geol., a Qualified Person and Consultant to the Company has prepared, supervised the
preparation of, or approved the technical content of this press release.
On Behalf of the Board.
Graeme O'Neill, President
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.