Bayhorse Silver Underground Drilling Underway at the Bayhorse Silver Mine, CEO Discusses Bayhorse Concentrate Antimony Content
Bayhorse Silver has commenced underground diamond drilling at its Bayhorse Silver Mine in Oregon, targeting a large low-resistivity anomaly beneath the silver/copper/antimony rich rhyolite. The anomaly extends 1.5+ km with a vertical extent of 500m and width up to 100m.
The drilling operation expects to achieve approximately 30 meters of core per shift, aiming to intersect the anomaly 150m downhole with a projected depth of 257m. Notably, the Bayhorse mineralization contains 10-12% Antimony in its concentrate, which has gained strategic importance following China's export ban to the US. The current antimony price is US$16 per lb and is expected to rise.
The company plans to test the Sunshine Process for separating antimony from silver/copper in the concentrate for potential added value.
Bayhorse Silver ha avviato un'operazione di perforazione diamantata sotterranea nella sua miniera di argento Bayhorse in Oregon, mirata a una grande anomalia a bassa resistività sotto il riolite ricco di argento/rame/antimonio. L'anomalia si estende per oltre 1,5 km con un'estensione verticale di 500 metri e una larghezza fino a 100 metri.
Si prevede che l'operazione di perforazione raggiunga circa 30 metri di carotaggio per turno, puntando a intersecare l'anomalia a 150 metri di profondità con una profondità prevista di 257 metri. È importante notare che la mineralizzazione di Bayhorse contiene 10-12% di Antimonio nel suo concentrato, che ha acquisito importanza strategica a seguito del divieto di esportazione della Cina verso gli Stati Uniti. Il prezzo attuale dell'antimonio è di 16 dollari USA per libbra e ci si aspetta che aumenti.
L'azienda intende testare il Processo Sunshine per separare l'antimonio dall'argento/rame nel concentrato per un potenziale valore aggiunto.
Bayhorse Silver ha comenzado la perforación subterránea de diamantes en su mina de plata Bayhorse en Oregón, enfocándose en una gran anomalía de baja resistividad debajo del riolito rico en plata/cobre/antimonio. La anomalía se extiende más de 1.5 km con una extensión vertical de 500m y un ancho de hasta 100m.
Se espera que la operación de perforación logre aproximadamente 30 metros de núcleo por turno, con el objetivo de intersecar la anomalía a 150m de profundidad con una profundidad proyectada de 257m. Cabe destacar que la mineralización de Bayhorse contiene 10-12% de Antimonio en su concentrado, lo que ha ganado importancia estratégica tras la prohibición de exportación de China hacia los EE. UU. El precio actual del antimonio es de US$16 por libra y se espera que suba.
La empresa planea probar el Proceso Sunshine para separar el antimonio de la plata/cobre en el concentrado para un posible valor agregado.
베이호스 실버는 오리건 주의 베이호스 실버 광산에서 지하 다이아몬드 시추를 시작했으며, 은/구리/안티모니가 풍부한 화산암 아래에 있는 대규모 저저항 이상을 목표로 하고 있습니다. 이 이상은 1.5km 이상 연장되며, 수직으로는 500m, 너비는 최대 100m입니다.
이번 시추 작업은 SHIFT당 약 30미터의 코어를 얻을 것으로 예상되며, 150m 깊이에서 이상을 교차할 계획이고, 예상 깊이는 257m입니다. 특히, 베이호스 광물화는 10-12%의 안티모니를 포함하고 있으며, 이는 중국의 미국에 대한 수출금지 이후 전략적 중요성을 얻었습니다. 현재 안티모니 가격은 파운드당 16달러이며 상승할 것으로 예상됩니다.
회사는 농축된 은/구리에서 안티모니를 분리하기 위한 선샤인 프로세스를 시험해 추가 가치를 창출할 계획입니다.
Bayhorse Silver a commencé le forage diamanté souterrain dans sa mine d'argent Bayhorse en Oregon, visant une grande anomalie de faible résistivité sous le rhyolite riche en argent/cuivre/antimoine. L'anomalie s'étend sur plus de 1,5 km avec une extension verticale de 500 m et une largeur allant jusqu'à 100 m.
L'opération de forage s'attend à obtenir environ 30 mètres de carottage par équipes, cherchant à intercepter l'anomalie à 150 m de profondeur avec une profondeur projetée de 257 m. Notamment, la minéralisation de Bayhorse contient 10-12% d'Antimoine dans son concentré, qui a acquis une importance stratégique suite à l'interdiction d'exportation de la Chine vers les États-Unis. Le prix actuel de l'antimoine est de 16 $US par livre et devrait augmenter.
L'entreprise prévoit de tester le processus Sunshine pour séparer l'antimoine de l'argent/cupré dans le concentré pour une valeur ajoutée potentielle.
Bayhorse Silver hat mit der unterirdischen Diamantbohrung in seiner Bayhorse-Silbermine in Oregon begonnen, und zielt auf eine große niederohmige Anomalie unter dem silber-/kupfer-/antimonhaltigen Rhyolith ab. Die Anomalie erstreckt sich über mehr als 1,5 km mit einer vertikalen Ausdehnung von 500 m und einer Breite von bis zu 100 m.
Die Bohrung erwartet, pro Schicht etwa 30 Meter Kern zu erzielen, mit dem Ziel, die Anomalie bei 150 m unter der Oberfläche zu erreichen, bei einer projizierten Tiefe von 257 m. Bemerkenswert ist, dass die Mineralisierung von Bayhorse 10-12% Antimon in ihrem Konzentrat enthält, was nach dem Exportverbot Chinas in die USA strategische Bedeutung erlangt hat. Der aktuelle Antimonpreis liegt bei 16 US-Dollar pro Pfund und wird voraussichtlich steigen.
Das Unternehmen plant, den Sunshine-Prozess zu testen, um Antimon aus Silber/Kupfer im Konzentrat zur potenziellen Wertsteigerung zu trennen.
- Contains significant antimony content (10-12%) in concentrate amid rising prices (US$16/lb) and China's export ban
- Large exploration target identified with 1.5+km anomaly for drilling
- Potential for additional value through antimony separation using Sunshine Process
- None.
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2024) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") announces that underground diamond drilling is underway beneath the Company's silver/copper/antimony rich Bayhorse Silver Mine in Oregon, USA.
Diamond drilling is targeting the large low-resistivity anomaly that lies beneath the silver/copper/antimony rich bearing rhyolite at the Bayhorse Silver Mine. The 1.5 +km (5,000 feet) anomaly appears to have a vertical extent of 500 m (1,650 ft) from 600 m (1,980 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 good drilling ground for a large portion of the drill hole, estimating at least +/- 30 meters (100 feet) of drill core per shift, 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.
Antimony – In addition to its high Silver/Copper content, the Bayhorse mineralization, tetrahedrite, contains a significant amount of Antimony, a critical mineral that is mostly imported into the U.S. Prior testing has shown Antimony to be between
In the sections image below, line 1040 lies directly beneath the diamond drill location, while line 1050 is 100 m (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:
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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/5015/233168_a476d533748fab96_002full.jpg
Figure 3. Surface representation of the underground drill holes
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The Bayhorse exploration model holds that the silver/copper/antimony rich mineralized rhyolite at the Bayhorse Silver Mine could have its source in underlying shallow granites that may be conductive porphyry copper.
Bayhorse CEO, Graeme O'Neill, comments "the recent significant increase in the price of Antimony to US
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/233168
FAQ
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