Bayhorse Silver Commences Drilling At 30M By 40M IP Target Below Historic High Grade Silver Sunshine Stope At The Bayhorse Silver Mine, Oregon, USA
Bayhorse Silver Inc (OTCQB: BHSIF) has initiated drilling operations at a newly identified IP target near its Bayhorse Silver Mine in Oregon. The target is located 78m east and 57m below the historic high-grade Sunshine silver stope.
The first drill hole, planned for 60 meters length, is expected to intersect the IP anomaly at 25m depth. The target's size is comparable to the historic Sunshine, Junction, and Big Dog stopes, each of which previously yielded approximately 25,000 tons of direct shipping grade silver mineralization.
Historical mining operations in these stopes produced high-grade silver up to 240 ounces per ton, along with critical minerals including copper, antimony, and zinc. The mine closed in 1984 due to low silver prices below $5 per ounce. The property contains a National Instrument 43-101 inferred resource of 6.3 million ounces of silver at a grade of 21.65 opt (673 g/t).
Bayhorse Silver Inc (OTCQB: BHSIF) ha avviato operazioni di perforazione in un nuovo obiettivo IP identificato vicino alla sua miniera di argento Bayhorse in Oregon. L'obiettivo si trova a 78 metri a est e 57 metri sotto il vecchio stope di argento ad alta legge Sunshine.
Il primo foro di perforazione, pianificato per una lunghezza di 60 metri, dovrebbe intercettare l'anomalia IP a una profondità di 25 metri. La dimensione dell'obiettivo è comparabile a quella degli storici stope Sunshine, Junction e Big Dog, ognuno dei quali ha precedentemente prodotto circa 25.000 tonnellate di mineralizzazione di argento di grado direttamente esportabile.
Le operazioni minerarie storiche in questi stope hanno prodotto argento di alta qualità fino a 240 once per tonnellata, insieme a minerali critici tra cui rame, antimonio e zinco. La miniera è stata chiusa nel 1984 a causa dei bassi prezzi dell'argento, inferiori a 5 dollari per oncia. La proprietà contiene una risorsa inferita secondo il National Instrument 43-101 di 6,3 milioni di once d'argento a un grado di 21,65 opt (673 g/t).
Bayhorse Silver Inc (OTCQB: BHSIF) ha iniciado operaciones de perforación en un nuevo objetivo IP identificado cerca de su mina de plata Bayhorse en Oregón. El objetivo se encuentra a 78 metros al este y 57 metros por debajo del antiguo stope de plata de alta ley Sunshine.
El primer agujero de perforación, planificado para una longitud de 60 metros, se espera que intercepte la anomalía IP a una profundidad de 25 metros. El tamaño del objetivo es comparable a los históricos stopes Sunshine, Junction y Big Dog, cada uno de los cuales previamente produjo aproximadamente 25,000 toneladas de mineralización de plata de grado de envío directo.
Las operaciones mineras históricas en estos stopes produjeron plata de alta ley de hasta 240 onzas por tonelada, junto con minerales críticos como cobre, antimonio y zinc. La mina cerró en 1984 debido a los bajos precios de la plata, por debajo de 5 dólares por onza. La propiedad contiene un recurso inferido según el National Instrument 43-101 de 6.3 millones de onzas de plata a una ley de 21.65 opt (673 g/t).
베이호스 실버 주식회사 (OTCQB: BHSIF)는 오리건에 위치한 베이호스 실버 광산 근처에 새롭게 확인된 IP 목표에서 시추 작업을 시작했습니다. 이 목표는 역사적인 고품질 썬샤인 은 스톱에서 동쪽으로 78미터, 아래로 57미터 떨어진 곳에 위치하고 있습니다.
첫 번째 시추홀은 60미터 길이로 계획되어 있으며, 25미터 깊이에서 IP 이상을 교차할 것으로 예상됩니다. 이 목표의 크기는 역사적인 썬샤인, 정션 및 빅독 스톱과 비교할 수 있으며, 각각 약 25,000톤의 직접 선적 등급 은 광물을 생산한 바 있습니다.
이 스톱에서의 역사적인 채굴 작업은 톤당 최대 240온스의 고품질 은을 생산했으며, 구리, 안티모니, 아연과 같은 중요한 광물도 함께 생산했습니다. 이 광산은 은 가격이 온스당 5달러 이하로 떨어져 1984년에 폐쇄되었습니다. 이 부지는 National Instrument 43-101에 따라 6.3백만 온스의 은 추정 자원을 포함하고 있으며, 등급은 21.65 opt (673 g/t)입니다.
Bayhorse Silver Inc (OTCQB: BHSIF) a lancé des opérations de forage sur une nouvelle cible IP identifiée près de sa mine d'argent Bayhorse dans l'Oregon. La cible est située à 78 mètres à l'est et à 57 mètres en dessous de l'ancienne veine d'argent de haute qualité Sunshine.
Le premier trou de forage, prévu pour une longueur de 60 mètres, devrait croiser l'anomalie IP à une profondeur de 25 mètres. La taille de la cible est comparable à celle des anciennes veines Sunshine, Junction et Big Dog, qui ont chacune produit environ 25 000 tonnes de minéralisation d'argent de qualité directement expédiable.
Les opérations minières historiques dans ces veines ont produit de l'argent de haute qualité allant jusqu'à 240 onces par tonne, ainsi que des minéraux critiques tels que le cuivre, l'antimoine et le zinc. La mine a fermé en 1984 en raison des faibles prix de l'argent, tombés en dessous de 5 dollars l'once. La propriété contient une ressource inférée selon le National Instrument 43-101 de 6,3 millions d'onces d'argent avec une teneur de 21,65 opt (673 g/t).
Bayhorse Silver Inc (OTCQB: BHSIF) hat mit den Bohrarbeiten an einem neu identifizierten IP-Ziel in der Nähe seiner Bayhorse-Silbermine in Oregon begonnen. Das Ziel befindet sich 78 Meter östlich und 57 Meter unterhalb des historischen Hochgrad-Silberstollens Sunshine.
Das erste Bohrloch, das auf eine Länge von 60 Metern geplant ist, wird voraussichtlich die IP-Anomalie in einer Tiefe von 25 Metern durchdringen. Die Größe des Ziels ist vergleichbar mit den historischen Stollen Sunshine, Junction und Big Dog, von denen jeder zuvor etwa 25.000 Tonnen direkt versandfähige Silbermineralisierung geliefert hat.
Historische Bergbauarbeiten in diesen Stollen produzierten hochgradiges Silber von bis zu 240 Unzen pro Tonne, zusammen mit kritischen Mineralien wie Kupfer, Antimon und Zink. Die Mine wurde 1984 aufgrund niedriger Silberpreise unter 5 Dollar pro Unze geschlossen. Das Grundstück enthält eine nach National Instrument 43-101 geschätzte Ressource von 6,3 Millionen Unzen Silber mit einem Gehalt von 21,65 opt (673 g/t).
- New IP target identified with similar dimensions to historically productive high-grade stopes
- NI 43-101 compliant inferred resource of 6.3M oz silver at 21.65 opt
- Historical production demonstrated high-grade potential (up to 240 oz/ton silver)
- Additional critical minerals present (copper, antimony, zinc)
- Project is still in exploration phase with no current production
- Resource is in 'inferred' category, the lowest confidence level
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2025) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") reports that has commenced drilling operations on a newly identified, readily accessible, IP target 78 m (257 ft) to the immediate east of and 57 m (188 ft) below the previously mined historic Sunshine high grade silver stope.
The first drill hole is planned to be up to 60 meters long (198 ft) and is expected to intersect the IP anomaly at a downhole depth of 25 m (83 ft). The IP target is estimated to be similar in size to the historic Sunshine, Junction and Big Dog stopes (Figure 1), where approximately 25,000 tons of direct shipping grade silver mineralization was mined from each and shipped by rail to the historic Tacoma smelter (US Metals, 1924).
Significant volumes of sulfosalts containing high grade silver, up to 240 ounces per ton, along with the critical minerals, copper, antimony and zinc, were mined from these three stopes, prior to the Bayhorse Silver Mine being closed in late 1984 due to low silver prices (<
The Sunshine, Junction, and Big Dog stopes which extend over a strike length of 160 m (528 ft), were up to 10 m (33 ft) wide, between 7 – 9 m (23 – 30 ft) in height, and up to 38 m (125 ft) in length.
Figure 1. IP drill target in relation to the Mine portal and historic, high-grade, mined stopes
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5015/248398_6272e73c349b885b_001full.jpg
Bayhorse CEO Graeme O'Neill comments that, "the historic mined, high silver grade Sunshine, Junction, and Big Dog stopes lie between, and on-strike with, the ready for mining, Drift and Goldilocks zones to the west, where silver grades are as high as 60 oz/t silver. Coupled with the three new, also on-strike, IP drill targets starting 78 m east of the Sunshine, and with the number of high grade historic and mine-ready pods spaced like pearls on a string together along strike, it suggests that more high-grade silver bearing zones will be discovered underground to the west."
Figure 2. Plan view of historic underground workings with the Sunshine, Junction and Big Dog stopes that lie between the ready to mine Goldilocks and Drift and the newly identified IP drill target.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5015/248398_6272e73c349b885b_002full.jpg
O'Neill further comments "the silver hosting rhyolite extends across the Snake River onto our Idaho Pegasus Project 650 m (2145 ft) east of the Bayhorse Silver Mine. Here geological mapping and sampling has identified similar silver bearing sulfosalts in the rhyolite." "By extending the IP geophysical survey onto Pegasus, we will see whether similar high grade silver mineralized zones are discovered there, along with the potential for porphyry copper drill targets."
The Bayhorse exploration model holds that the rhyolite hosted silver-copper-zinc-antimony rich mineralization at the Bayhorse Silver Mine could have its source in an underlying shallow pluton that may host porphyry copper mineralization. In the Pegasus area the mineralized rhyolite and a significant VTEM anomaly lies in the State or Idaho, 1500m (5000 ft) southeast of the Bayhorse Mine workings.
Mineralized hydrothermal brecciation has been identified at both the Bayhorse Silver Mine, and the Hercules Metals Project, 44 km (27.5 miles) to the north. Mapping has identified rhyolite-hosted silver mineralization on the Pegasus ground and hydrothermal brecciation like that seen at the Bayhorse Mine is thought to be present.
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 a 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
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248398
FAQ
What is the size of the new IP target at Bayhorse Silver's BHSIF mine in Oregon?
What was the historical silver production grade at the BHSIF Bayhorse Mine?
What is the current inferred resource at BHSIF's Bayhorse Silver Mine?
How deep is BHSIF planning to drill at the new IP target?
