Welcome to our dedicated page for Bayhorse Silver news (Ticker: BHSIF), a resource for investors and traders seeking the latest updates and insights on Bayhorse Silver stock.
About Bayhorse Silver Inc.
Bayhorse Silver Inc. (OTCQB: BHSIF) is a mineral exploration and production company dedicated to the discovery, development, and environmentally conscious extraction of high-grade silver, copper, and other critical minerals. Headquartered in Vancouver, British Columbia, the company operates with a focus on leveraging advanced technologies and sustainable practices to unlock the value of its mineral assets.
Core Operations
The company’s flagship asset is the Bayhorse Silver Mine, located in Oregon, USA. This historic mine, with a legacy of high-grade silver production, has been revitalized using state-of-the-art Steinert Ore-Sorting technology. This innovative approach reduces waste rock by up to 85%, allowing Bayhorse to operate a low-impact facility capable of processing up to 3,600 tons of mineral concentrate annually. The concentrate yields significant silver, copper, antimony, and zinc content, making it a vital player in meeting the growing global demand for these essential materials.
In addition to the Bayhorse Silver Mine, the company is advancing exploration at the Pegasus Project in Idaho, USA. This project, strategically located near the Bayhorse Mine, has shown geological similarities to major porphyry copper systems, offering significant potential for resource expansion. By combining geological mapping, geophysical surveys, and diamond drilling, Bayhorse is actively exploring the possibility of discovering large-scale mineral deposits in this region.
Technological Innovation and Environmental Stewardship
Bayhorse Silver Inc. is committed to sustainable mining practices. The use of Steinert Ore-Sorting technology not only enhances operational efficiency but also minimizes the environmental footprint of its mining activities. The company has established a facility designed for minimal environmental impact, aligning with modern standards for responsible resource extraction.
Furthermore, Bayhorse incorporates advanced geophysical tools such as VTEM (Versatile Time Domain Electromagnetic) surveys to identify low-resistivity anomalies, which may indicate significant mineralization. These technologies enable precise targeting of drilling efforts, reducing unnecessary environmental disturbance while maximizing resource discovery.
Strategic Exploration and Market Position
Bayhorse’s exploration model is based on identifying and developing high-grade mineral deposits. Its properties are situated within geologically favorable regions, including the Izee Terrane and Old Ferry Terrane, which are known for hosting silver, copper, and gold mineralization. The company's proximity to Hercules Metals’ porphyry copper discovery further underscores the potential of its assets.
In addition to silver and copper, Bayhorse’s mineralization includes antimony, a critical mineral essential for applications such as flame retardants and ammunition. With global antimony supply constraints, including export bans by major producers, Bayhorse is well-positioned to contribute to the supply of this strategically important material.
Experienced Leadership and Technical Expertise
Bayhorse Silver Inc. benefits from a seasoned management team and technical experts with extensive experience in mineral exploration, mine development, and production. The team includes geologists and engineers who have successfully advanced projects from exploration to production, ensuring the company remains at the forefront of the industry.
Conclusion
Bayhorse Silver Inc. represents a compelling opportunity in the mining sector, combining advanced technology, strategic exploration, and a commitment to sustainability. With its focus on high-grade deposits and environmentally conscious operations, the company is well-positioned to meet the growing demand for silver, copper, and critical minerals in the global market.
Bayhorse Silver has started drilling three groundwater test wells at its Bayhorse Silver Mine in Oregon, USA. These wells, two of 150 feet and one of 750 feet, are part of the baseline studies needed for obtaining a full Mine Operating Permit. The drilling, directed by HDR Engineering and approved by Oregon's Department of Geological and Mineral Industries, is expected to finish by early July. CEO Graeme O'Neill noted that the approval took a year, and the company is now in the final stages of its permit application to resume mining operations.
Bayhorse Silver (TSXV: BHS, OTCQB: BHSIF, FSE: 7KXN) has received approval for a 10,000 ft diamond drill program at its Pegasus Project in Idaho. The program targets a large low resistivity anomaly identified in a recent VTEM survey, potentially indicating an intrusive mass. The initial phase involves five drill holes, each up to 1800 ft deep, starting at 330 ft below the surface. The anomaly spans over a mile and extends beyond the VTEM survey area. CEO Graeme O'Neill emphasized the importance of timely permitting to leverage the favorable summer drilling season.
Bayhorse Silver announced significant results from its recent short hole diamond drilling campaign at the Bayhorse Silver Mine in Oregon. A new mineralized zone ranging from 1 to 4.5 meters in width has been identified. Highlights include assay results from drill holes DDH BDD104, BDD105, and BDD103, with notable silver and copper concentrations. For instance, DDH BDD104 reported 34.28 oz/t silver and 1.85% copper over 0.3 meters. The drilling program was shortened due to new exploration activities on newly acquired ground in Idaho. The company plans further underground drilling to explore mineralization depth extensions. Additionally, Bayhorse granted 4.6 million stock options exercisable at $0.10 per share to its team.
Bayhorse Silver updates on its Pegasus Project in Idaho. A helicopter survey is underway to assess drill targets and routes, aiming for a 3,000-meter diamond drill program by mid-Q3. Preliminary mapping shows significant fault offsets and rhyolite-associated mineralization. Surface sampling started in mid-April, revealing visible copper. Pegasus Project comprises 123 claims near the Bayhorse Silver Mine in Oregon, sharing geological features with Hercules Silver's discovery. Barrick Gold has staked nearby.
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