Bayhorse Silver Extends Bayhorse Breccia Zone From 90 M (300ft) Downhole to 318 M (1050 ft) Reports Anomalous Copper-Zinc Assay Results From The First 115 M Of The Breccia Zone, And Preliminary IP Results
Bayhorse Silver (OTCQB: BHSIF) has reported significant findings from their drilling program at the Bayhorse Silver Mine. Drill hole BH24-01 encountered a silicified breccia zone extending from 90m to 318m downhole, with continuous copper (up to 125 ppm) and zinc (up to 695 ppm) mineralization in the first 115m, along with intermittent gold values up to 0.023 ppm.
The preliminary IP survey results have identified both chargeability and low resistance targets extending to depth within the VTEM geophysics signature. The mineralization is confirmed to be epithermal in nature, featuring strong silica flooding, vuggy quartz veining, and hydrothermal brecciation, potentially indicating proximity to a porphyry system.
The company's resource includes an NI 43-101 inferred resource of 6.3M ounces of silver at 21.65 opt. The final baseline study for mine permitting is expected by June 2025, after which silver/copper/antimony concentrate production can resume.
Bayhorse Silver (OTCQB: BHSIF) ha riportato scoperte significative dal loro programma di perforazione presso la Miniera di Argento Bayhorse. Il foro di perforazione BH24-01 ha incontrato una zona di breccia silicificata che si estende da 90m a 318m in profondità, con mineralizzazione continua di rame (fino a 125 ppm) e zinco (fino a 695 ppm) nei primi 115m, insieme a valori intermittenti di oro fino a 0.023 ppm.
I risultati preliminari del sondaggio IP hanno identificato obiettivi sia di carica che di bassa resistenza che si estendono in profondità all'interno del profilo geofisico VTEM. La mineralizzazione è confermata di natura epithermale, caratterizzata da una forte inondazione di silice, venature di quarzo vugoso e breccia idrotermale, indicando potenzialmente la vicinanza a un sistema porfirico.
Le risorse della società includono una risorsa inferita NI 43-101 di 6.3 milioni di once d'argento a 21.65 opt. Lo studio di base finale per il permesso minerario è previsto entro giugno 2025, dopo il quale la produzione di concentrati di argento/rame/antimonio potrà riprendere.
Bayhorse Silver (OTCQB: BHSIF) ha reportado hallazgos significativos de su programa de perforación en la Mina de Plata Bayhorse. El pozo de perforación BH24-01 encontró una zona de brecha silicificada que se extiende desde 90m hasta 318m de profundidad, con mineralización continua de cobre (hasta 125 ppm) y zinc (hasta 695 ppm) en los primeros 115m, junto con valores intermitentes de oro de hasta 0.023 ppm.
Los resultados preliminares de la encuesta IP han identificado objetivos tanto de carga como de baja resistencia que se extienden a profundidad dentro de la firma geofísica VTEM. Se confirma que la mineralización es de naturaleza epithermal, con una fuerte inundación de sílice, venas de cuarzo vugoso y breccia hidrotermal, lo que podría indicar proximidad a un sistema porfirítico.
Los recursos de la compañía incluyen un recurso inferido NI 43-101 de 6.3 millones de onzas de plata a 21.65 opt. Se espera que el estudio de base final para el permiso minero se complete para junio de 2025, después de lo cual se podrá reanudar la producción de concentrados de plata/cobre/antimonio.
Bayhorse Silver (OTCQB: BHSIF)는 Bayhorse Silver Mine에서의 시추 프로그램에서 중요한 발견을 보고했습니다. 시추 구멍 BH24-01은 90m에서 318m까지 확장되는 실리카화된 브레치아 구역을 발견했으며, 처음 115m에서 구리(최대 125 ppm)와 아연(최대 695 ppm)의 지속적인 광물이 발견되었고, 간헐적으로 금 값이 최대 0.023 ppm에 달했습니다.
초기 IP 조사 결과는 VTEM 지구물리학 서명 내에서 깊이까지 확장되는 전하 가능성과 낮은 저항 목표를 식별했습니다. 이 광물화는 열수광물로 확인되었으며, 강한 실리카 범람, 부기 석영 vein 및 열수 브레치아가 특징이며, 이는 아마도 포르피리 시스템에 근접해 있음을 나타낼 수 있습니다.
회사의 자원에는 NI 43-101 추정 자원 630만 온스의 은이 포함되어 있으며, 21.65 opt입니다. 광산 허가를 위한 최종 기준 연구는 2025년 6월까지 완료될 것으로 예상되며, 그 이후에는 은/구리/안티모니 농축 생산이 재개될 수 있습니다.
Bayhorse Silver (OTCQB: BHSIF) a rapporté des découvertes significatives de son programme de forage à la mine d'argent de Bayhorse. Le trou de forage BH24-01 a rencontré une zone de brèche silicifiée s'étendant de 90m à 318m de profondeur, avec une minéralisation continue de cuivre (jusqu'à 125 ppm) et de zinc (jusqu'à 695 ppm) sur les premiers 115m, ainsi que des valeurs intermittentes d'or allant jusqu'à 0,023 ppm.
Les résultats préliminaires de l'enquête IP ont identifié des cibles de chargeabilité et de faible résistance s'étendant en profondeur dans la signature géophysique VTEM. La minéralisation est confirmée comme étant de nature épithermale, présentant un fort afflux de silice, des veines de quartz vuggy et une brèche hydrothermale, indiquant potentiellement la proximité d'un système porphyrique.
Les ressources de la société comprennent une ressource inférée NI 43-101 de 6,3 millions d'onces d'argent à 21,65 opt. L'étude de base finale pour le permis minier est attendue d'ici juin 2025, après quoi la production de concentrés d'argent/cuivre/antimoine pourra reprendre.
Bayhorse Silver (OTCQB: BHSIF) hat bedeutende Ergebnisse aus ihrem Bohrprogramm in der Bayhorse Silbermine berichtet. Das Bohrloch BH24-01 traf auf eine silicifizierte Brekziezone, die sich von 90m bis 318m in der Tiefe erstreckt, mit kontinuierlicher Kupfermineralisierung (bis zu 125 ppm) und Zinkmineralisierung (bis zu 695 ppm) in den ersten 115m, sowie intermittierenden Goldwerten von bis zu 0.023 ppm.
Die vorläufigen Ergebnisse der IP-Untersuchung haben sowohl Lade- als auch Niedrigwiderstandsziele identifiziert, die in die Tiefe innerhalb des VTEM-geophysikalischen Signatur reichen. Die Mineralisierung ist als epithermal bestätigt, mit starkem Silikaflut, vuggy Quarzadern und hydrothermaler Brekzie, was möglicherweise auf die Nähe zu einem Porphyrsystem hinweist.
Die Ressourcen des Unternehmens umfassen eine NI 43-101 geschätzte Ressource von 6,3 Millionen Unzen Silber bei 21,65 opt. Die endgültige Basisstudie für die Bergbaugenehmigung wird bis Juni 2025 erwartet, nach der die Produktion von Silber/Kupfer/Antimonkonzentrat wieder aufgenommen werden kann.
- Extended mineralization zone from 90m to 318m depth
- Continuous copper-zinc mineralization identified
- IP survey reveals promising chargeability and resistance targets
- Contains antimony (12%) - critical mineral up 200% in 2024
- Low-grade copper values (125 ppm max)
- Production restart dependent on permit approval
- Resource remains in inferred category
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2025) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") reports that assay results have been received for the first 115 m (380 ft) of the silicified breccia zone encountered 90 m (300 ft) downhole in drill hole BH24-01 to test a VTEM anomaly at the Bayhorse Silver Mine.
Anomalous values of continuous copper, (up to 125 ppm) and zinc (up to 695 ppm) and intermittent anomalous gold values (up to 0.023 ppm) were encountered in the first 115 m (380 ft) of the brecciation zone that now extends to the current bottom of the hole at 318 m (1050 ft). A further 112 m of samples of brecciation and rhyolite have been submitted for assay. The presence of chalcopyrite was noted at the bottom of the hole.
Bayhorse CEO Graeme O'Neill comments, "we are very encouraged by the continuous copper/zinc mineralization in the upper 115 m (380 ft) part of the 227 m (750 ft) length breccia intersection that lies in close proximity to the IP chargeability and low-resistance zones that may indicate the presence of massive sulfides/copper porphyry."
As well, the preliminary IP results by S.J. V Geophysics, that are overlaid on the geologic map, (figure 1) has identified both chargeability (green) and low resistance targets (blue) extending to depth within the VTEM geophysics signature within the rhyolite hosted copper and silver rich Bayhorse Silver Mine deposit. The IP geophysical survey will be extended onto the Pegasus project as soon as ground conditions permit.
Drilling BH24-01 has confirmed that the Bayhorse Ag-Cu-Zn-Sb mineralization is epithermal in nature and is expected to extend to significant depths. In Hole BH24-01 there are areas of strong silica flooding, epithermal-style vuggy quartz veining, sporadic tetrahedrite mineralization and hydrothermal brecciation. This extends from 90m (300 ft) to the current bottom of the hole at 318 m (1050 ft). This alteration could mark the hole's proximity to a porphyry or related epithermal system.
Figure 1. Plan view of rhyolite occurrences hosting silver/copper mineralization and geophysical anomalies. Geological mapping by Dr. Clay Conway, P.Geol.
To view an enhanced version of this graphic, please visit:
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In figure 1, the top of silver bearing rhyolite dyke 1 has been cut and offset by thrusting, and the overlying segment (dyke 2) has been displaced to the south. This displaced section, with an estimated vertical extent of 120 m (396 ft) is the area of the Company's planned mining based on the National Instrument 43-101 inferred resource of 6.3 m ounces of silver at a grade of 21.65 opt ((673 g/t) (Turner et al. 2018).
Figure 2. 3D representation of IP chargeability (green) and low-resistance (blue) targets
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5015/243247_ccebc9b2a4dd1923_002full.jpg
The Company's senior consulting geologists have suggested the brecciated zone is a highly silicified hydrothermal polymictic breccia. It contains multiple rounded, "milled" clasts that probably resulted from high pressure fluids derived from a buried pluton streaming up through the breccia. (BHS2024-29) (Figure 3).
Figure 3. Representation of mineralizing events around porphyry intrusion
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Bayhorse Silver CEO, Graeme O'Neill, further comments, "the 3D representation of our recently concluded surface and downhole IP program will better allow us to drill target the identified chargeability (green) and low resistance (blue) zones within the VTEM signature information low."
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. The rhyolite extends from the Pegasus Project and its VTEM anomaly that lies 1500m (5000 feet) east of the Bayhorse Mine workings in the State of Idaho, under the Snake River, to under the Bayhorse Mine.
The final baseline study for the Bayhorse Mine Permitting is planned to be completed by the end of June 2025, at which time the final Operating Permit Application will be made. Once permitting is approved, silver/copper/antimony concentrate production can resume.
Bayhorse CEO Graeme O'Neill comments, "with the gold price rising to US
Quality Assurance/Quality Control ("QA/QC") Measures, Chain of Custody
Drill cores were cut in half using a diamond saw and placed in sealed bags for preparation and subsequent analysis by Paragon Geochemical's Sparks, Nevada facility using the PREP-PKG: Preparation Prep Package. A blank was inserted at the start of the sample submittal and a prepared standard was inserted every twenty samples. One duplicate was also inserted into the sample stream. The samples were stored in a locked container on the property then transported to the laboratory in a secure container in a pickup truck by the project geologist.
Each prepared sample was assayed for gold using Paragon's Au-FA30: Au 30g fire assay, AQR/digest/AAS or OES finish, and a 35-element suite was analyzed with Paragon's 35 AR-OES, which is a thirty five element suite with 1ppm Hg; 0.5gAQR digestion/ICP-OES finish.
A total of 81 samples were analyzed. There were no overlimit samples. Analysis certificates were examined, and no irregularities were found.
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/243247
FAQ
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