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Bayhorse Silver Inc., (TSXV: BHS) (“Bayhorse” or the “Company”) is pleased to report both high silver, and good gold values from the newly accessible Big Dog mineralized zone, Bayhorse Silver Mine, Oregon, USA.
Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF – the “Company” or “Goldplay”) is pleased to announce initial results from sampling of the first of 22 historical core drill holes completed in 2010, on the Company’s San Marcial Project in Mexico. These drill holes were not incorporated in the historical NI 43-101 resource completed in 2008 (“historical resource”) and thus represent an opportunity for resource expansion. The results to date have successfully demonstrated continuity of the silver, lead, zinc and gold mineralization down dip and revealed new geological features, supporting upside opportunity for the discovery of new mineralized zones at San Marcial. The core sampling program has successfully identified a high-grade mineralized zone hosted in hydrothermal breccias close to major geological structures cross cutting a highly altered volcanic sequence. Highlights of results for the sampling of drill hole SM10-22 include:
Bayhorse Silver (V.BHS) has recently re-opened old workings at its silver mine in Oregon. The company has always known the workings were present on the site but, until breaking through into those workings it had no idea of their condition.
If you look to your right you’ll see a news release from Bayhorse Silver.
August 1, 2018 Bayhorse Silver Inc. BHS: TSX-V (the “Company” or “Bayhorse“) is pleased to report it has completed the examination of the historical underground 1984 mine workings silver zone at the Bayhorse Silver Mine, as reported in the Company’s news release, BHS2018-21. The Company has now accessed all the workings within the silver-copper mineralized zone at the Mine.
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.