| Bayhorse Silver Inc. Commences Mining the Legend Zone at the Bayhorse Silver Mine; Ships First Ore-Sorted Upgraded Mineralization, Oregon, USA | |
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Vancouver, British Columbia--(Newsfile Corp. - February 8, 2018) - Bayhorse Silver Inc. (TSXV: BHS) ("Bayhorse" or the "Company") has shipped the first upgraded mineralization from the Ore-Sorter at the Bayhorse Mine, Oregon, USA, to Mineral Solutions of Coeur D'Alene, Idaho, USA for further processing. The Company has initiated mining on the promising newly discovered and developed Legend Zone at the Bayhorse Silver Mine. The Legend Zone lies 50 feet beneath the Sunshine Zone and extends the thickness of mineralization to 70 feet from the previous 20 feet. Chip, channel and grab samples from recent development in this unit have been submitted for assay. The Legend zone has been mapped by XRF gun testing to be a 50-60 foot wide structure. Mining of the Legend zone will be by the slusher method from four to five foot wide headings to allow development work to continue concurrently in other parts of the mine. Chip and channel sampling taken from all working faces will guide mining. Processing of the Legend Zone mined material will be separate from the currently stockpiled development material. Bayhorse CEO Graeme O'Neill states: "Commencing mining the newly identified Legend Zone, that has extended the vertical extent of the mineralization, will provide the ability to increase the daily tonnage mined, and is another big step for the Company." Development work continues on the westerly reaches of the historically mined Big Dog zone. Sampling has also been conducted on the bottom of the Big Dog zone. |
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Bayhorse Silver Inc. is based in Canada. Bayhorse Silver Inc. is listed in Canada. Its market capitalisation is CA$ 3.4 millions as of today (US$ 2.8 millions, € 2.4 millions). Its stock quote reached its highest recent level on January 28, 2011 at CA$ 1.80, and its lowest recent point on September 18, 2023 at CA$ 0.01. Bayhorse Silver Inc. has 43 000 000 shares outstanding. |