Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

BHS.V ·

Bayhorse Silver Reports 99 Plus Percent Selective Antimony Leaching Results From The Silver, Copper, Antimony and Zinc Concentrate From Its Bayhorse Silver Mine

Metallurgy & Processing

December 8, 2025. BHS2025-32

Bayhorse Silver Reports 99 Plus Percent Selective Antimony Leaching Results From The Silver,

Copper, Antimony and Zinc Concentrate From Its Bayhorse Silver Mine

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

“Bayhorse”) has received excellent positive Antimony leaching results of about 99.9% selectively

removed from the 5.85% Antimony contained in the “refractory tetrahedrite” Bayhorse Silver Mine

concentrate (silver/antimony/copper/zinc) submitted to Allihies Engineering, (AEI).

Both the head and leached sample w ere submitted to Eagle Engineering (Eagle) of Butte, Montana,

for AMICS metallurgical analysis, which determined the leachable Antimony was in the form of

Skinnerite, (Cu3SbS3) a 50/50 composite of Antimony and Copper. This was readily and selectively

leachable using the AEI proprietary leaching process. The contained copper in the non-leached

concentrate was 5.79% and the zinc was 10.53%.

The silver, antimony, copper and zinc at the Bayhorse Silver Mine are all recognized as “critical and

strategic minerals” in the United States , however, e xtracting the silver from refractory minerals

presents several challenges as the complex mineral structures often leads to lower recovery rates

compared to free-milling minerals.

With AEI demonstrating their proprietary leaching process permits the cost- effective separation of

the antimony , that should significantly increase recoveries of the silver, copper and zinc for

processing separately. The Company is investigating whether a pilot scale antimony leaching facility

can be installed at the Bayhorse Mill in Payette, Idaho to leach the ready to process concentrate at

its Payette Mill.

Bayhorse CEO, Graeme O’Neill, comments, “the Company has researched effective leaching methods

on the “ refractory” Bayhorse “critical minerals” for over ten years in order to get better silver and

copper recovery. Now, with these significant selective Antimony leaching results breaking down the

refractory nature of the mineralization, all of the silver, copper antimony and zinc mineralization may

be readily separated with much better recoveries and can become payable, with the antimony

shipped as a separate payable material.”

The dominant Bayhorse mineralization is primarily tetrahedrite, (see the Company’s news release

BHS2020-12) that is comprised of the critical and strategic minerals in an antimony sulfide of silver,

copper, zinc and iron in veins and stockworks with minor gold present, and is refractory in nature.

The Bayhorse exploration model holds that the silver- copper-antimony rich mineralization at the

Bayhorse Silver Mine extends across to the adjacent Pegasus porphyry copper prospect and could

have its source in an underlying shallow pluton(s) that may host porphyry copper mineralization

similar to what Hercules Metals has reported 40 km north of the Bayhorse Silver Mine.

Cautionary statement

The Company is not basing any decision to produce on a feasibility study of mineral reserves

demonstrating economic and technical viability and advises there is an increased uncertainty and

specific economic and technical risk of failure with any productio n decision. These risks include, but

are not limited to, (i) a drop in price of commodities produced, namely silver, 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.

All statements herein, other than statements of historical fact, including, without limitation, plans for

and intentions with respect to the Company’s capitalization, preparation of technical reports,

proposed work programs, budgets and proposed expenditur es, permitting, construction and

production timing are forward looking statements. While the Company believes such statements are

reasonable, no assurance can be given that any expectations will prove to be correct and the forward-

looking statements are not guarantees of future results or performance and that actual results may

differ materially from those in the forward -looking statements. Readers should not place undue

reliance upon forward-looking statements and the Company undertakes no obligation to re -issue or

update any forward-looking statements as a result of new information or events after the date hereof

or as may be required by law. All forward-looking statements and information herein are qualified by

this cautionary statement.

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

accepts full responsibility for its content. Mark Abrams, AIPG, a Qualified Person and Director of the

Company has prepared, supervised the preparation of, or approved the technical content of this news

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 with a 100% interest in the historic

Bayhorse Silver Mine located in Oregon, USA with a National Instrument 43-101 inferred resource of

292,300 tons at a grade of 21.65 opt (673 g/t) for 6.3 million ounces of silver. (Turner et al. 2018) and

the Pegasus Project, a highly prospective porphyry copper prospect, in Washington County, Idaho.

The Bayhorse Silver Mine and the Pegasus Project are 44 km southwest of Hercules Metals’ porphyry

copper discovery. The Bayhorse Mine is a minimum environmental impact facility capable of

processing at a mining rate up 200 tons/day that includes a state of the art 40 ton per hour Steinert

Ore-Sorter that reduces waste rock entering the processing stream by up to 85%. The C ompany has

established an up to 60 ton/day mill and standard flotation processing facility in nearby Payette

County, Idaho, USA with an offtake agreement in place with Ocean Partners UK Limited. 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 responsibility for the adequacy or accuracy of this

release.