STOCK TITAN

Bayhorse Silver Reports Anomalous Copper-Zinc Assay Results from the Last 112 m of Drill Hole BH24-01 from 207 m (680ft) Downhole to End of Hole at 318 m (1050 ft)

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Bayhorse Silver (OTCQB: BHSIF) has reported assay results from drill hole BH24-01 at the Bayhorse Silver Mine, revealing a significant 228-meter mineralized breccia zone. The final 112m showed continuous copper values up to 510 ppm, zinc up to 996 ppm, and intermittent gold and silver values.

The IP survey identified three low resistivity drill targets near existing mined stopes, potentially expanding the known mineralized zone. These targets are located 90 meters east of the historic Sunshine stope, extending the known mineralized strike length to over 600 meters.

The company discovered a significant chargeability zone with a N-S strike of approximately 300m within the VTEM geophysics signature. The exploration model suggests the rhyolite-hosted silver-copper-zinc-antimony mineralization could originate from an underlying shallow pluton with potential porphyry copper mineralization.

Bayhorse Silver (OTCQB: BHSIF) ha riportato i risultati delle analisi del foro di perforazione BH24-01 presso la Miniera di Argento Bayhorse, rivelando una significativa zona di breccia mineralizzata di 228 metri. Gli ultimi 112 metri hanno mostrato valori di rame continui fino a 510 ppm, zinco fino a 996 ppm e valori intermittenti di oro e argento.

Il sondaggio IP ha identificato tre obiettivi di perforazione a bassa resistività vicino ai pozzi minerari esistenti, potenzialmente espandendo la zona mineralizzata conosciuta. Questi obiettivi si trovano a 90 metri a est del pozzo storico Sunshine, estendendo la lunghezza della zona mineralizzata conosciuta a oltre 600 metri.

L'azienda ha scoperto una significativa zona di carica con una direzione N-S di circa 300 metri all'interno della firma geofisica VTEM. Il modello di esplorazione suggerisce che la mineralizzazione di argento-rame-zinco-antimonio ospitata in riolite potrebbe originarsi da un plutone superficiale sottostante con potenziale mineralizzazione di rame porfirico.

Bayhorse Silver (OTCQB: BHSIF) ha reportado los resultados de los análisis del pozo de perforación BH24-01 en la Mina de Plata Bayhorse, revelando una significativa zona de brecha mineralizada de 228 metros. Los últimos 112 metros mostraron valores continuos de cobre de hasta 510 ppm, zinc de hasta 996 ppm y valores intermitentes de oro y plata.

La encuesta IP identificó tres objetivos de perforación de baja resistividad cerca de las paradas mineras existentes, potencialmente expandiendo la zona mineralizada conocida. Estos objetivos se encuentran a 90 metros al este de la parada histórica Sunshine, extendiendo la longitud de la zona mineralizada conocida a más de 600 metros.

La empresa descubrió una significativa zona de carga con una dirección N-S de aproximadamente 300 metros dentro de la firma geofísica VTEM. El modelo de exploración sugiere que la mineralización de plata-cobre-zinc-antimonio alojada en riolita podría originarse de un plutón superficial subyacente con potencial mineralización de cobre porfirítico.

베이호스 실버 (OTCQB: BHSIF)는 베이호스 실버 광산의 BH24-01 시추 구멍에서 분석 결과를 보고하며, 228미터의 광물화된 브레치아 존을 발견했습니다. 마지막 112미터에서는 구리 값이 최대 510 ppm, 아연이 최대 996 ppm, 그리고 간헐적인 금과 은 값이 나타났습니다.

IP 조사는 기존 채굴된 스톱 근처에 세 개의 저항성 시추 목표를 식별하여 알려진 광물화 구역을 확장할 가능성을 보여주었습니다. 이 목표는 역사적인 선샤인 스톱에서 동쪽으로 90미터 떨어진 곳에 위치하여 알려진 광물화 스트라이크 길이를 600미터 이상으로 연장합니다.

회사는 VTEM 지구물리학 서명 내에서 약 300미터의 N-S 방향으로 중요한 전하성 구역을 발견했습니다. 탐사 모델은 유문암에 호스팅된 은-구리-아연-안티몬 광물화가 잠재적인 포르피리 구리 광물화가 있는 얕은 플루톤에서 유래할 수 있음을 시사합니다.

Bayhorse Silver (OTCQB: BHSIF) a rapporté les résultats des analyses du trou de forage BH24-01 à la mine d'argent Bayhorse, révélant une zone de brèche minéralisée de 228 mètres significative. Les 112 derniers mètres ont montré des valeurs de cuivre continues allant jusqu'à 510 ppm, du zinc jusqu'à 996 ppm, et des valeurs intermittentes d'or et d'argent.

Le sondage IP a identifié trois cibles de forage à faible résistivité près des stopes miniers existants, ce qui pourrait potentiellement étendre la zone minéralisée connue. Ces cibles sont situées à 90 mètres à l'est du stop historique Sunshine, prolongeant la longueur de la zone minéralisée connue à plus de 600 mètres.

L'entreprise a découvert une zone de charge significative avec une direction N-S d'environ 300 mètres dans la signature géophysique VTEM. Le modèle d'exploration suggère que la minéralisation d'argent-cuivre-zinc-antimoine hébergée dans la rhyolite pourrait provenir d'un pluton superficiel sous-jacent avec une potentielle minéralisation de cuivre porphyrique.

Bayhorse Silver (OTCQB: BHSIF) hat die Analyseergebnisse aus dem Bohrloch BH24-01 in der Bayhorse-Silbermine veröffentlicht, die eine signifikante 228-Meter mineralisierte Brekziezone offenbaren. Die letzten 112 Meter zeigten kontinuierliche Kupferwerte von bis zu 510 ppm, Zinkwerte von bis zu 996 ppm und intermittierende Gold- und Silberwerte.

Die IP-Untersuchung identifizierte drei Bohrziele mit niedriger Widerstandsfähigkeit in der Nähe bestehender abgebauter Stollen, was das bekannte mineralisierte Gebiet potenziell erweitern könnte. Diese Ziele befinden sich 90 Meter östlich des historischen Sunshine-Stollens und verlängern die bekannte mineralisierte Streichlänge auf über 600 Meter.

Das Unternehmen entdeckte eine signifikante Ladungszone mit einer N-S-Richtung von etwa 300 Metern innerhalb des VTEM-geophysikalischen Signals. Das Explorationsmodell deutet darauf hin, dass die in Rhyolith beherbergte Silber-Kupfer-Zink-Antimon-Mineralisierung von einem darunterliegenden flachen Pluton mit potenzieller porphyrischer Kupfer-Mineralisierung stammen könnte.

Positive
  • Discovery of extensive 228m mineralized breccia zone indicating potential resource expansion
  • Identification of three new high-priority drill targets near existing mined stopes
  • Extension of known mineralized strike length to over 600 meters
  • Presence of critical minerals (copper, antimony, zinc) aligns with US mineral production initiatives
Negative
  • Relatively low-grade mineralization in recent drill results (copper 510 ppm, zinc 996 ppm)
  • Termination of Brandywine option agreement, reducing project portfolio

Vancouver, British Columbia--(Newsfile Corp. - March 25, 2025) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") reports that assay results have been received for the last 112 m (370 ft) of the highly silicified breccia zone encountered from 90 m (300 ft) to the bottom of drill hole BH24-01 at 318 m (1050 ft) to test a VTEM anomaly at the Bayhorse Silver Mine.

Anomalous values of continuous copper (up to 510 ppm), zinc (up to 996 ppm) and intermittent anomalous gold values (up to 0.02 ppm) and intermittent silver values (up to 3.2 ppm) were encountered in the final 112 m (370 ft) of the brecciation zone that extends from 90 m (300 ft) to the bottom of the hole at 318 m (1050 ft) for a total breccia intersection on 228 m (752 ft). The presence of chalcopyrite was noted at the bottom of the hole.

Bayhorse CEO Graeme O'Neill comments that, "We were pleasantly surprised to encounter 228 m (752 feet) of mineralized breccia in our first drill hole, as it confirms the epithermal nature of the Bayhorse Mine deposit." "with the IP survey identifying 3 low resistivity drill targets on strike with and close to existing mined stopes it potentially expands the known mineralized zone and provides three new high priority drill targets." O'Neill comments further "the Company's sole focus in 2025 will be on its Bayhorse and Pegasus Projects, especially as President Donald Trump's Executive Order to increase American mineral production is a positive step for US based mineral operations like the Bayhorse Silver Mine, that, along with high grade silver, also contains the 3 critical minerals, copper, antimony and zinc."

Final IP data received shows three low-resistance targets starting 90 meters (300 feet) to the immediate east of and below the previously mined historic Sunshine stope. The Sunshine, Junction, and Big Dog stopes extending over a strike length of 160 m (528 ft), were up to 10 m (33 feet) wide, and between 7 - 9 m (23 - 30 feet) in height, and up to 36 m (120) feet in length.

The first IP drill target lies 90 m (300 ft) east of, and between 25 - 50 m (82 -165 ft) below the historic Sunshine mined stope and is estimated to be similar in size to the historic Sunshine and Junction stopes (Figure 1), extending the known mineralized strike length to over 600 meters (1980 ft).

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5015/245987_50742f8f54d5aaf5_001.jpg

Figure 1. 3 IP targets in relation to drill hole BH24-01

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5015/245987_50742f8f54d5aaf5_001full.jpg

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 (<$5 per ounce) (Silver King Mines, 1984). Silver, copper, antimony and zinc mineralization has been identified in veins and stockworks west of the Big Dog stope over a strike length of between 130 - 170 m (427 - 557ft) (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).

While the Bayhorse mineralization is mainly composed of sulfosalts, Bayhorse senior consulting geologist, Dr. G.E. Ray, advises there are many cases worldwide where there are sulfide rich deposits at depth that pass up to sulfosalt rich epithermal mineralization at shallower depths. The 228m (752 ft) breccia zone encountered may indicate the presence of massive sulfides/copper porphyry at depth.

The IP results by S.J. V Geophysics has, in addition to the low-resistance zones, also identified a significant chargeability zone (Figure 2) with a N-S strike of +/- 300 m (990 ft) with a vertical extent of between 75 - 100 m ( 248 - 330 ft) within the VTEM geophysics signature within the rhyolite hosted copper and silver rich Bayhorse Silver Mine deposit. A priority is to extend the IP geophysical survey onto the Pegasus project to better identify drill targets as soon as ground conditions permit.

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 ft) east of the Bayhorse Mine workings in the State of Idaho, under the Snake River, to under the Bayhorse Mine.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5015/245987_50742f8f54d5aaf5_002.jpg

Figure 2. Vertical 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/5015/245987_50742f8f54d5aaf5_002full.jpg

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.

The Company advises that as the Brandywine option agreement expires on April 5, 2025, the Company and the Brandywine owners have mutually agreed to terminate the option agreement and the Company no longer has any interest or obligation in the Brandywine project located near Squamish, British Columbia, and the Company will focus solely on its Bayhorse Silver Mine and adjacent Pegasus Project..

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 100% interest in the historic Bayhorse Silver Mine located in Oregon, USA and the Pegasus Project, in Washington County, Idaho. The Bayhorse Silver Mine and the Pegasus Project lies 44 km southwest of Hercules Metals' porphyry copper discovery. The Bayhorse Mine includes a state-of-the-art Steinert Ore-Sorting technology reducing waste rock entering the processing stream by up to 85%. The Company has created a minimum environmental impact facility capable of mining 200 tons of mineralization per day and the ability to process and supply 3,600 tons per year of silver/copper concentrate ranging between 7,500 to 15,000 g/t using standard flotation processing at its milling 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245987

FAQ

What are the key findings from Bayhorse Silver's (BHSIF) recent drill results?

The drill hole BH24-01 revealed a 228m mineralized breccia zone with copper up to 510 ppm, zinc up to 996 ppm, intermittent gold up to 0.02 ppm, and silver up to 3.2 ppm.

How many new drill targets has BHSIF identified through the IP survey?

Three new low resistivity drill targets were identified east of the historic Sunshine stope, extending the mineralized strike length to over 600 meters.

What is the size of the chargeability zone discovered at BHSIF's Bayhorse Mine?

The chargeability zone has a N-S strike of approximately 300 meters with a vertical extent between 75-100 meters within the VTEM signature.

What is Bayhorse Silver's (BHSIF) exploration focus for 2025?

The company will focus solely on its Bayhorse and Pegasus Projects, particularly given the support for US-based mineral operations containing critical minerals.
Bayhorse Silver Inc

OTC:BHSIF

BHSIF Rankings

BHSIF Latest News

BHSIF Stock Data

11.73M
288.51M
2.78%
Other Industrial Metals & Mining
Basic Materials
Link
Canada
Burnaby