Bayhorse Silver Reports Assays as High as 24,738 Grams per Tonne Silver from Samples of Run-of-Mill Material at Bayhorse Silver Mine in Oregon - Video News Alert on Investmentpitch.com

July 28, 2016 11:21 AM EDT | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - July 28, 2016) - Bayhorse Silver (TSXV: BHS) released select assay results from "run-of-mine" mineralization extracted from its Bayhorse Silver Mine.

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Below are results of 5 of the 10 samples that were assayed by Metsolve Labs. Please refer to the company's press release for additional assay results.

SampleWeight
kilograms
Silver
Grams Per Tonne
Silver
Ounces Per Tonne
CopperZinc
10.3424,73879513.1 %9.2 %
21.0417,0405485.9 %7.6 %
30.633,6411172.7 %3.0 %
44.241,423465.2 %1.7 %
50.27701232.3 %0.8 %

 

These samples were selected from two larger samples of 85 kilograms and 200 kilograms of mineralized run-of-mine material previously excavated and stockpiled and may not be representative of the material being sampled. HRB Mining Services has excavated, hauled to the surface, and stockpiled, approximately 800 metric tonnes of mineralized run-of-mine material for ongoing metallurgical testing.

Graeme O'Neill, President & CEO, stated: "In order to maximize silver grades and recovery at the Mine in a cost effective manner, all 'run-of-mine' material will be subject to some form of ore-sorting prior to entering the processing stream to minimize diluting the stream with waste and lower grade mineralization rock."

Bayhorse is earning an 80% interest in the historic Bayhorse Silver Mine, located in Oregon, USA. With mineralization at the Bayhorse occurring within veins, stockworks, replacements and pods, management believes the property exhibits the potential for a substantial silver discovery.

In 1984, mining by Silver King Mines produced 5,718 tons of silver bearing material, of which 23% graded between 21 and 100 ounces per ton silver, 71% graded between 6 and 20 ounces per ton, with the balance of 6% under the cut-off grade of 6 ounces per ton.

Bayhorse is also earning a 75% interest in the past producing Bridging the Gap Project, consisting of ASARCO's historic Crown Point, Silver King, Ranger, Wyoming, Curlew, and Blackhawk silver/lead/zinc mines in Idaho's Silver Valley.

Graeme O'Neill was recently interviewed by noted silver expert David Morgan, publisher of The Morgan Report. To view the video interview (click here) or visit www.investmentpitch.com and enter Bayhorse in the search box.

The shares are trading at $0.15 and with 31.5 million shares outstanding, the company is capitalized at $4.7 million.

For more information, please visit the company's website www.bayhorsesilver.com, contact Graeme O'Neill, President and CEO, at 604-684-3394 or email company@bayhorsesilver.com.

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