Bayhorse Silver Inc.

Bayhorse Silver Inc.

October 15, 2015 13:05 ET

Bayhorse Silver Testing Ore-Sorting Technology to Upgrade Silver Mineralization

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 15, 2015) - Bayhorse Silver Inc. (TSX VENTURE:BHS) (the "Company" or "Bayhorse") reports positive testing results utilizing Ore-Sorting technology on samples from the Bayhorse Silver Mine, east-central Oregon, USA.

Preliminary results reported by Sacre-Davey Engineering has established that the mineralization at the Bayhorse Silver Mine is amenable to upgrading through Ore-Sorting technology. One hundred (100 ) random rock samples of between 1 inch to 5 inches in size were tested from approximately 200lb of material from the low grade stockpile from the 1984 mining program. The cut off grade established at that time was 188 ppm (6 opt) Ag.

Of the 100 samples tested, 37 contained values greater than the 1984 cut off grade of 188 ppm (6 opt) Ag.

No of Samples Silver Grade Range
3 12,898 ppm (414.7 opt) Ag to 2,037 ppm (65.49 opt) Ag
4 1,651 ppm (53.08 opt) Ag to 1,448 (46.55 opt) Ag
3 1,224 ppm (39.35 opt) Ag to 1,080 ppm (34.72 opt) Ag
4 866 ppm (27.84 opt) Ag to 650 ppm (20.9 opt) Ag
6 503 ppm (16.07 opt) Ag to 413 ppm (13.28 opt) Ag
9 386 ppm (12.41 opt) Ag to 301 ppm (9.67 opt) Ag
8 249 ppm (8.06 opt) Ag. To 201 ppm (6.59 opt) Ag

63 Remainder graded less than 188 ppm i.e. less than cut off grade of the 1984 mining program and were treated as reject material for the purposes of the test.

The average silver value of the 37 higher grade samples (37% of the samples) was 1kg/ton (33 opt) Ag and more than 60% of the volume of low grade and waste mined material can be rejected from the process stream prior to the Dense Media upgrading.

In summary, Sacre-Davey has established that the mineralization at the Bayhorse Silver Mine is amenable to upgrading through Ore-Sorting technology. The Company now has established through the Ore-Sorting and Dense Media testing that it can readily upgrade the mineralization to direct shipping material. This should reduce processing costs substantially through rejection of a significant volume of waste material prior to it entering the processing and shipping stream.

Bayhorse Silver Inc. is a junior exploration company that is earning an 80% interest in the historic Bayhorse Silver Mine, Oregon, USA. It has a 100% interest in the Alexander River high grade New Zealand gold prospect, in the highly prolific West Coast South Island gold fields of New Zealand, which offers investors the potential for a major gold discovery.

Additionally the Company has retained a 30% Net Profit Interest in the Flagstaff barite mine in Washington State. 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.

The technical content of this press release has been approved by Dr. S. A. Jackson, P.Geo., a Qualified Person and Technical Advisor to the Company

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.

Contact Information

  • Bayhorse Silver Inc.
    Graeme O'Neill
    President / CEO
    888-684-0586 (FAX)