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.
Overview
Bayhorse Silver Inc is an exploration and production company focused on silver mining and advanced mineral exploration. Operating primarily from its historic silver mine in Oregon and extending its exploration efforts into strategically important projects in Idaho, the company leverages modern mining practices combined with industry leading technologies to re-establish a high grade silver asset.
Core Operations and Technologies
The company’s operations are built around advanced ore-sorting technology, which significantly reduces waste rock while enhancing the efficiency of the processing stream. Using standard flotation processing techniques at its milling facility, Bayhorse creates a minimum environmental impact operation with a robust concentrate production process. This approach allows the company to supply silver-rich mineral concentrates and maintain a focus on sustainable mining practices.
Exploration and Geological Excellence
Bayhorse Silver Inc stands out for its comprehensive exploration programs. The company systematically undertakes underground diamond drilling, surface mapping, and geophysical surveys—such as VTEM surveys—to identify low-resistivity anomalies and target mineralized zones. The exploration strategy emphasizes the investigation of rhyolite-hosted deposits and epithermal mineralization, with a clear focus on understanding the geologic relationships among silver-rich zones and potential underlying porphyry copper systems. These efforts are supported by a highly experienced geological team and seasoned exploration consultants, ensuring that every drilling and sampling operation is conducted in line with rigorous quality assurance and industry best practices.
Operational Excellence and Strategic Positioning
Positioned within a competitive mining landscape, Bayhorse Silver Inc combines decades of geological expertise with modern drill technology and innovative processing methods. The company’s operation demonstrates a careful balance between reviving a historic asset and exploring new potential on adjacent claims. Through meticulous geological mapping, systematic staking, and directed drilling programs, Bayhorse is able to improve its resource model and reinforce its market position as a company committed to uncovering high-quality, silver-rich deposits.
Industry-Specific Insights
The operations of Bayhorse Silver Inc are characterized by its prudent use of advanced techniques including Steinert ore-sorting, a process that reduces overburden by a significant margin, and the application of standard flotation processing in order to concentrate valuable metals. In-depth geophysical interpretations and VTEM anomalies guide the drilling programs, ensuring high reliability in target identification. The company’s geological model ties the unique mineralization at its operating mine with broader regional mineral trends, noting the genetic link between epithermal mineral deposits and potential porphyry copper systems—a characteristic observed through the integration of historic geological data with modern survey technologies.
Management and Technical Expertise
Bayhorse Silver Inc is led by a management team with extensive mining and exploration experience. Their combined expertise covers the complete spectrum from field exploration and drilling to advanced processing techniques and environmental management. The leadership focuses on creating value through a disciplined approach to risk management and innovative geoscience application, ensuring that operational decisions are well-informed and technically sound.
Summary
In summary, Bayhorse Silver Inc represents a balanced convergence of a historically significant asset with innovative exploration and mining techniques. Its commitment to deploying cutting-edge technologies, combined with systematic geological investigations, reinforces its competitive stance within the precious metals and mineral exploration sector. The company’s focus on sustainable practices and advanced geophysical methodologies positions it as a noteworthy subject of study for investors and industry analysts seeking comprehensive insights into the modern challenges and opportunities in mineral exploration.
Bayhorse Silver Inc. (TSXV: BHS) (OTCQB: BHSIF) reports on its recent geological mapping program at the Pegasus Project in Idaho, USA. The project, covering over 2,000 acres, is located within 0.5 miles of the company's Bayhorse Silver Mine in Oregon. Key findings include:
1. Identification of small intrusive rhyolite bodies in the Pegasus claim group area.
2. Pronounced low-resistivity anomalies beneath mineralized rhyolite at both the Bayhorse mine and Pegasus project area.
3. Exploration model suggesting the mineralized rhyolite could have its source in underlying shallow granites, potentially conductive porphyry copper bodies.
4. Similarities to the recently discovered porphyry copper deposit in the Cuddy Mountains district.
5. Plans to drill the large low-resistivity anomaly at Pegasus to test for the presence of a porphyry copper deposit.
Bayhorse Silver Inc. (TSXV: BHS) (OTCQB: BHSIF) has completed a preliminary analysis of its recent geological mapping program at the Pegasus Project in Idaho, USA. The analysis revealed multiple small intrusive rhyolite bodies in the area, suggesting the presence of contemporary magma sources at depth. These sources could potentially be mineralized, based on observed mineralization near rhyolite masses and the proximity to silver deposits associated with rhyolite.
The company has identified three distinct varieties of rhyolite, indicating multiple sources or magmatic pulses. Some rhyolite bodies show signs of mineralization, including veining, alteration, and fracturing. Low-resistivity geophysical anomalies have been detected, potentially indicating conductive copper-sulfide minerals at depths of 25 to 525 meters.
Bayhorse has received approval for a minimum five-hole drill program targeting the main low-resistivity anomaly. CEO Graeme O'Neill expressed satisfaction with the team's progress and anticipation for the upcoming drill testing to confirm mineralization.
Bayhorse Silver Inc. (TSXV: BHS) (OTCQB: BHSIF) has completed the installation of three groundwater test wells at its Bayhorse Silver Mine in Oregon, USA. This marks the final part of baseline studies required for the company's full Mine Operating Permit. The deepest test well, located 600 feet west of the underground mine workings, confirmed the presence of the silver-bearing rhyolite zone at depth. This extends the known mineralized area beyond the current workings.
The company plans to conduct deep drilling from the underground workings to further test the extent of mineralization in this rhyolite area. Bayhorse CEO Graeme O'Neill stated that with the completion of these wells, they anticipate finalizing the full Mine Operating Permit application soon. Additionally, the company has announced an extension of the expiry date for 12,750,000 warrants from August 16, 2024, to August 16, 2027, subject to TSX-V Exchange approval.
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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