motherlodetv.net
Not quite a rocket, yet, but a year ago Bayhorse Silver (BHS.V) was very close to the end. While it had a silver mine, a mill and an ore sorter, it did not have a final permit which would allow it to actually operate its mine. In some jurisdictions, this would not have been a show stopper and the permit would arrive in short order. But the Bayhorse mine is in Oregon, a state where mining is politically unwelcome. The permit was going to take a while.
Shareholders of Bayhorse Silver (BHS.v) have waited a long time for all of the details and logistics of the Bayhorse Mine in Oregon to fall into place. Graeme O’Neill, BHS’s CEO has been working hard for years to plan the mining operation, integrate the ore sorter and build a milling facility to produce concentrate. Every step of the way cost money and O’Neill has raised that money.
Our old friend, Graeme O’Neill of Bayhorse Silver (BHS.V) has just booked motherlodetv.net for the next few months. Bayhorse has been a client before and only books when there is hard news in the offing.
Currently, we operate under a letter agreement that establishes a working relationship. This gives us the ability to do longer-term planning for the concentrate we produce. We work very closely with Mineral Solutions and provide them with the material they need to optimize and expand their process. Very much a win/win
The 37 ounce historic first pour is the first of many. What is in the pipeline right now and what can shareholders expect over the next few months?
Bayhorse Silver Inc., (TSXV: BHS) (“Bayhorse” or the “Company”) is pleased to report that Mineral Solutions LLC, (Minerals) of Coeur d Alene Idaho, has produced the first refined silver from the high grade silver mineralization shipped to them for processing from the Bayhorse Silver Mine, Oregon, USA.
It’s not everyday that a friend and client pours their first silver. Bayhorse Silver (V.BHS) just did.
Our friend Graeme O’Neill, CEO of Bayhorse Silver, (V.BHS) sent a Go-Pro camera to the face with his miners. Not slick, not edited: just experienced miners looking at a pile of rock after blasting into what they hoped was a “High Grade” zone.
Bayhorse Silver Inc. (TSXV: BHS) (the “Company” or “Bayhorse”) announces, subject to TSX-Venture Exchange (TSX-V) approval, it has closed a 2nd tranche of is three year, 12%, Convertible, Silver-Convertible, Debentures (the “Debentures”) for gross proceeds of to US$465,000. Total proceeds to date from both the 1st and 2nd tranche is US$690,000.