VANCOUVER, BC--(Marketwired - October 04, 2016) - Bayhorse Silver Inc. (TSX VENTURE: BHS) (the "Company" or "Bayhorse") is pleased to announce that Mr. Todd Johnson, P.E., M.S. Geology and Geological Engineering, has accepted the position of Minerals Program Manager for the Company.
Mr. Johnson has over 25 years of experience in mining, mineral exploration, and geotechnical engineering ranging from grass-roots exploration to mine development, mine permitting and production. Todd has worked throughout the western United States and Canada, northern Mexico, and Malaysia for several mining and engineering companies including: Veris Gold Corp., Newmont Mining Corporation, Battle Mountain Gold, Hemlo Gold, Noranda Exploration, and AMEC.
He most recently assisted Geomin Resources Inc. with the September 2016 resubmission of Tintina Montana Inc.'s Mine Operating Permit Application to the Montana Department of Environmental Quality for the Black Butte Copper Project. Before that, Mr. Johnson helped return the Jerritt Canyon gold mine in Nevada back into production for Veris Gold Corp. in 2009. Todd also significantly contributed to the multi-million ounce resource expansion and positive feasibility study for the Phoenix Au-Cu-Ag open-pit project in Battle Mountain, Nevada from 1996 to 2001.
Mr. Johnson is a Qualified Person as defined by the Canadian National Instrument 43-101 guidelines. Todd will be instrumental in managing the Company's exploration and mine development activities at the Bridging the Gap silver-lead-zinc Project in Idaho's Silver Valley, and advancing the Bayhorse Silver Mine in Oregon towards production.
Bayhorse CEO Graeme O'Neill states " People make projects work. We are very pleased to have Todd and Rick bringing their considerable expertise to our team, as we grow Bayhorse Silver and move forward with our projects"
Ms. Anike Li, the Company's CFO since 2014, has resigned her position to focus on other opportunities. She was a significant asset in her role as CFO and ably assisted the Company weather the recent downturn. The Company Directors wish her well in her future endeavors.
Mr. Rick Low, CA, B.Comm, has been appointed by the Directors as Chief Financial Officer of the Company.
Mr. Low has over 20 years of progressive management experience in various industries in Canada and overseas. Mr. Low has over ten years senior management experience including as CFO and board director in the mining industry. He oversaw the finance and accounting function for a gold mining project during its progression from exploration, feasibility, construction and development through to commercial production.
Mr. Low has also participated in raising various debt and equity financings and applications for listing on stock exchanges. Mr. Low is a qualified Chartered Professional Accountant (CA) with the Chartered Professional Accountants of B.C. and graduated with a B. Comm. degree from the University of British Columbia.
Bayhorse Silver Inc., a junior exploration company, is 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. Bayhorse is also earning an 80% interest in the historic Bayhorse Silver Mine, Oregon, USA. The Company has an experienced management and technical team with extensive exploration expertise. This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its contents.
On Behalf of the Board
Graeme O'Neill, President
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.
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