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.
Bayhorse Silver Inc (BHSIF) delivers timely updates from its silver mining operations and exploration projects across Oregon and Idaho. This dedicated news hub provides investors with essential updates on mineral discoveries, operational advancements, and corporate developments.
Access authoritative reporting on drilling results, geophysical survey findings, and production milestones. The curated collection features press releases detailing ore-sorting technology implementations, flotation processing optimizations, and strategic claim acquisitions.
Key updates include exploration program expansions, resource estimate revisions, and environmental stewardship initiatives. Track progress across the company's portfolio of rhyolite-hosted silver targets and porphyry copper system investigations through verified operational reports.
Bookmark this page for direct access to unfiltered corporate communications. Combine real-time updates with historical context to inform your analysis of this innovative silver producer's market position.
Bayhorse Silver Inc. (TSXV: BHS) (OTCQB: BHSIF) announces an underground diamond drill program to explore a large low-resistivity anomaly beneath its Bayhorse Silver Mine in Oregon, USA. The program aims to test for the presence of a porphyry copper deposit. The anomaly extends northward for over 5,000 ft (1.5km) and has a vertical extent of 330 ft (100 m).
The company plans to drill from 230 ft inside the underground workings into the anomaly at 755 ft beneath the silver/copper rich bearing rhyolite. Bayhorse's exploration model suggests that the mineralized rhyolite could have its source in underlying shallow granites that may be conductive porphyry copper bodies. The highest grade identified at the mine is 15% Silver, 17% Copper.
A downhole geophysics program is also planned upon completion of the drill program to gain a clearer picture of the mineralization profile.
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.
