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Vancouver, British Columbia–(Newsfile Corp. – July 26, 2018) – Bayhorse Silver Inc. (TSXV: BHS) (the “Company” or “Bayhorse”) is pleased to report on operational activities at its Bayhorse Silver Mine, Oregon, USA.
“Greg Johnson, Metallic Minerals’ Chairman & CEO stated, “We are excited about the potential that is being highlighted by our ongoing exploration on the Keno Silver Project, where we have been able to move quickly from land acquisitions and target identification to delivering confirmatory drill results from these under-explored areas of the prolific Keno Hill Silver District. Results to date have confirmed the existence of high-grade silver in Keno-type structures beginning at surface and that those systems are open at depth and along strike, in stratigraphic settings that are comparable with some of the largest deposits in the district. Our plans for 2018 are to undertake a robust drill-focused program, following and expanding upon the same systematic exploration methodology as 2017.”
Bayhorse Silver Inc. (TSXV:BHS) (the “Company” or “Bayhorse“) announces that due to interest from investors, and subject to TSX-V Exchange approval, it is increasing the equity portion of prior announced non-brokered private placement from up to 1,500,000 Units at $0.10 per Unit to 3,000,000 Units for gross proceeds of $300,000.
The announcement of Bayhorse Silver’s $500,000, 12% convertible debenture would be a fairly normal course transaction except for one provision. Along with debenture warrants – more below – the instrument contains a right to be paid in silver when the Bayhorse Mine in Oregon goes into production.
Bayhorse Silver Inc. (TSXV: BHS)(the “Company” or “Bayhorse“) reports that, subject to TSX-V Exchange approval, it is conducting a non-brokered private placement of up to 1,500,000 Units at $0.10 per Unit for gross proceeds of up to $150,000 and a US$5,000 12% Convertible Debenture Unit financing for total proceeds of US$500,000.
Vancouver, British Columbia–(Newsfile Corp. – June 6, 2018) – Bayhorse Silver Inc. (TSXV: BHS) (the “Company” or “Bayhorse”) has achieved near total silver recovery (NTSR) from the recent two stage leaching test program conducted for the Company by Richard Hammen, Ph.D. Chemistry, on its Bayhorse Silver Mine, Oregon, USA. The Company is in the process of establishing the effectiveness of the processing method at commercial levels of production.
I spoke to Bayhorse Silver (V.BHS) CEO Graeme O’Neill (pictured above) as he was getting ready to fly down to Oregon to spend time at the Bayhorse Silver mine over the weekend. It’s a frequent trip. Vancouver to Boise Idaho and then an hour or two driving to get to the mine site on the Oregon side of the Snake River.
Vancouver, British Columbia–(Newsfile Corp. – May 22, 2018) – Bayhorse Silver Inc. (TSXV: BHS) (the “Company” or “Bayhorse“) updates its progress on the Bayhorse Silver Mine in Oregon, USA.
The British Columbia Securities Commission required Bayhorse Silver (V.BHS) to clarify “its technical disclosure”. The company did so and in a May 10 Press Release stated,
Vancouver, British Columbia–(Newsfile Corp. – May 1, 2018) – Bayhorse Silver Inc. (TSXV: BHS) (the “Company” or “Bayhorse”) has extended the new main production haulage drift at the Bayhorse Mine from the Mine portal over 700 feet to nearly the most westerly end of the historic mine workings. A crosscut I drift has been extended into the historic Big Dog Zone from the haulage way, where in 1984, Silver King Mines reported mining 5,718 tons grading an average 16.7 oz/t silver using a 6 oz/t silver cut-off grade.