Bayhorse Silver Mobilizes Drill to the Bayhorse Mine VTEM Anomaly for Drilling Potential Porphyry Copper Target
Bayhorse Silver (TSXV: BHS) (OTCQB: BHSIF) has mobilized an underground diamond drill rig at its Bayhorse Silver Mine in Oregon to explore a large low-resistivity anomaly beneath the mine. The drilling will commence from 241 ft inside the Mine portal, targeting an anomaly with a vertical extent of 500m and width up to 100m. The company plans to intersect the anomaly at 150m down hole with a projected depth of 257m, testing for a potential porphyry copper deposit. The exploration is based on the presence of silver/copper rich mineralization in the area, with historical grades reaching 15% Silver and 17% Copper.
Bayhorse Silver (TSXV: BHS) (OTCQB: BHSIF) ha mobilitato una trivella a diamante sotterranea presso la sua miniera di argento Bayhorse in Oregon per esplorare un ampio anomalia a bassa resistività sotto la miniera. La perforazione inizierà a 241 piedi all'interno del portale della miniera, mirando a un'anomalia con un'estensione verticale di 500 metri e una larghezza fino a 100 metri. L'azienda prevede di intersecare l'anomalia a 150 metri di profondità con una profondità progettata di 257 metri, testando la possibile presenza di un deposito di rame porfirico. L'esplorazione si basa sulla presenza di mineralizzazione ricca di argento/rame nella zona, con gradi storici che raggiungono il 15% di argento e il 17% di rame.
Bayhorse Silver (TSXV: BHS) (OTCQB: BHSIF) ha movilizado una perforadora de diamante subterránea en su mina de plata Bayhorse en Oregón para explorar una gran anomalía de baja resistividad debajo de la mina. La perforación comenzará desde 241 pies dentro del portal de la mina, apuntando a una anomalía con una extensión vertical de 500 m y un ancho de hasta 100 m. La compañía planea intersectar la anomalía a 150 m de profundidad con una profundidad proyectada de 257 m, probando la posible presencia de un depósito de cobre porfirítico. La exploración se basa en la presencia de mineralización rica en plata/cobre en la zona, con grados históricos que alcanzan el 15% de plata y el 17% de cobre.
베이호스 실버 (TSXV: BHS) (OTCQB: BHSIF)은 오리건 주 베이호스 실버 광산에서 광산 아래에 있는 대규모 저저항성 이상을 탐사하기 위해 지하 다이아몬드 드릴 장비를 움직였습니다. 드릴링은 광산 포털에서 241피트에서 시작되며, 수직으로 500미터, 폭이 최대 100미터인 이상을 목표로 합니다. 회사는 150미터 깊이에서 이상과 교차할 계획이며, 예상 깊이는 257미터로 구리 포르피리 광체의 잠재성을 테스트할 예정입니다. 탐사는 이 지역에 은/구리 광물이 존재한다는 것을 바탕으로 하며, 역사적으로 15%의 은과 17%의 구리에 이르는 등급이 있었습니다.
Bayhorse Silver (TSXV: BHS) (OTCQB: BHSIF) a mobilisé une foreuse à diamant souterraine dans sa mine d'argent Bayhorse en Oregon pour explorer une grande anomalie à faible résistivité sous la mine. Le forage débutera à 241 pieds à l'intérieur du portail de la mine, ciblant une anomalie d'une hauteur verticale de 500 m et d'une largeur allant jusqu'à 100 m. La société prévoit d'intercepter l'anomalie à 150 m de profondeur avec une profondeur projetée de 257 m, testant la présence potentielle d'un gisement de cuivre porphyrique. L'exploration est basée sur la présence de minéralisation riche en argent/cuivre dans la région, avec des teneurs historiques atteignant 15 % d'argent et 17 % de cuivre.
Bayhorse Silver (TSXV: BHS) (OTCQB: BHSIF) hat eine unterirdische Diamantbohranlage in seiner Bayhorse-Silbermine in Oregon mobilisiert, um eine große Niedrigwiderstands-Anomalie unter der Mine zu erkunden. Die Bohrungen beginnen in 241 Fuß innerhalb des Minenportals und zielen auf eine Anomalie mit einer vertikalen Ausdehnung von 500 m und einer Breite von bis zu 100 m. Die Gesellschaft plant, die Anomalie in 150 m Tiefe zu durchbohren, bei einer projizierten Tiefe von 257 m, um auf ein potenzielles Kupferporphyr-Vorkommen zu testen. Die Erkundung basiert auf der Anwesenheit von silber-/kupferhaltiger Mineralisierung in der Gegend, mit historischen Gehalten von bis zu 15 % Silber und 17 % Kupfer.
- Company is advancing exploration of a potentially significant copper porphyry target
- Historical high-grade mineralization of 15% Silver and 17% Copper indicates strong mineral potential
- Strategic underground drilling position could provide cost-effective exploration
- None.
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2024) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") announces the arrival of the underground diamond drill rig at the Bayhorse Silver Mine to drill the large low-resistivity anomaly that lies beneath the Company's silver/copper rich Bayhorse Silver Mine in Oregon, USA. The drilling operations will commence shortly.
Bayhorse plans to drill from 241 ft (73 m) inside from the Mine portal, at an elevation that is 703 m (2320 ft) above sea level, to the underground workings into the large low-resistivity anomaly that lies beneath the silver/copper rich bearing rhyolite at Bayhorse Silver Mine. Revised calculations indicate the anomaly has a vertical extent of 500 m (1650 ft) from 600 m (1980 ft) above sea level to 100 m (330 ft) above sea level and a width of up to 100 m (330 ft).
The Company anticipates intersecting the top of the anomaly 150 m (495 ft) down hole with a projected termination depth of 257 m (850 ft) at the east side of the anomaly, to test for the presence of a porphyry copper deposit.
Historic geological maps show the presence of a quartz porphyry around the Bayhorse Silver Mine workings.
In the sections image below, line 1040 lies directly beneath the diamond drill location, while line 1050 is 100m (330 ft) east of and just outside the underground workings.
Figure 1. Resistivity data from survey by Geotech Ltd's proprietary VTEM system. Sections show the position of the planned drill hole intersection in the upper portion of the anomaly beneath the Bayhorse Silver Mine.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5015/230709_1b2fd15804d21b61_001full.jpg
Figure 2. Resistivity data from survey by Geotech Ltd's proprietary VTEM system. Plan view shows pronounced low-resistivity anomaly (survey lines 1040-1050) in relation to the Bayhorse Mine underground workings.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5015/230709_1b2fd15804d21b61_002full.jpg
Figure 3. Surface representation of the underground drill holes
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The Bayhorse exploration model holds that the silver/copper rich mineralized rhyolite at the Bayhorse Silver Mine could have its source in underlying shallow granites that may be conductive porphyry copper bodies as reflected by the low-resistivity anomalies (Conway, 2024). The highest silver/copper grade identified at the Bayhorse Silver Mine is
This exploration model is based largely on Hercules Metals' recently discovered porphyry copper deposit underlying historic silver mines in the Cuddy Mountains district some 44 kilometers northeast of Bayhorse/Pegasus. There the porphyry copper has a low-resistivity signature thus, it may be inferred that porphyry copper deposits could be present at Bayhorse/Pegasus and also at the Mineral district 20 km (12miles) to the north of the Bayhorse. (BHS2024-18).
Bayhorse CEO, Graeme O'Neill, comments "the low-resistivity/high-conductivity anomaly that we are targeting starts 150 m (495 feet) below the portal to the Bayhorse underground workings, has a calculated depth to its bottom of between 400 and 500 meters (1312 - 1640 feet) and extends over one mile (1.6km) to the north. Drill setup underground is underway, with drilling commencement targeted on completion of setup. Each of the first two holes have a targeted depth of 260 meters (850 feet).
The Company announces that, subject to the approval of the TSX Venture Exchange, the Company has extended the expiry date of the following warrants (all other terms remain unchanged):
a) Original expiry date of 1,500,000 warrants: November 28, 2024.
b) New expiry date of 1,500,000 warrants: November 28, 2025.
Exercise price of warrants: 5 cents.
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 has prepared, supervised the preparation of, or approved the technical content of this press 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/230709
FAQ
What is the target depth of Bayhorse Silver's (BHSIF) new drilling program?
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What were the historical mineral grades at Bayhorse Silver's (BHSIF) mine?
