Vancouver, British Columbia - August 28, 2017 (Newsfile Corp.) (Investorideas.com Newswire) Bayhorse Silver Inc., (TSXV: BHS) ("Bayhorse" or the "Company") is pleased to report assay results have been received from sampling the silver mineralized Sunshine and Big Dog Zones at the Bayhorse Silver Mine, Oregon, USA.
Samples were taken from each mined round of a 30-m (110 ft) drift advanced alongside the Sunshine Zone workings. Each drilled and blasted round was approximately 3.3 m (10 ft) high, 2.6 m (8 ft) wide, and 2 m (6.6 ft) deep. One sample was taken from the Big Dog Zone, where the majority of the mining was conducted under the 1984 mining program.
The highest grade sampled was 111.85 oz/t (3,478.92 g/t) Ag from the Big Dog Zone, while the highest grade sampled from the Sunshine Zone was 83.5 oz/t (2,597.13 g/t) Ag. Minor gold values were identified in the majority of the samples. The full results are tabulated below.
Grab/select samples are selected samples and are not representative of the mineralization hosted on the property.
Assaying was undertaken by Umpire Assayer for Metal Solutions LLC and Liberty Refiners LLC, Chris Christphosen, Metal Chemist and Assay Lab, Kellogg, Idaho. The analytical method used for the silver & gold analysis consisted of a 50 gram sample subjected to fire assay with gravimetric finish.
Pulps of these samples have been submitted to Dr. Jerry Demenna, Chem Check Laboratory, Bronx, NY for ICP-AES (Induction Coupled Plasma-Atomic Emission Spectral) multi-element analysis, which is pending.
As reported in the Company's news release BHS2017-14, testing of Bayhorse mineralization conducted on the Steinert XRT/Laser Ore-Sorter that the Company has purchased, shows it will effectively select crushed mineralized (5-400 mm) material containing more than 2.5 oz/t Ag (85.5 g/t). It will reject up to 86% of the non-mineralized gangue, and minimally mineralized material under 2.5 oz/t Ag.
Bayhorse CEO, Graeme O'Neill comments "we are excited that the assay results received to date are continuing to confirm the historic recorded mined grades."
The Company advises it is not basing any decision to produce on a feasibility study of mineral reserves demonstrating economic and technical viability and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision.
This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its contents. Dr. Clay Conway, P.Geol., a Qualified Person and Director of Bayhorse has prepared, supervised the preparation of, or approved the technical content of this press release.
On Behalf of the Board.
Graeme O'Neill, President
Bayhorse Silver Inc., a junior exploration company, has earned an 80% interest in the historic Bayhorse Silver Mine, Oregon, USA. Bayhorse is also earning a 75% interest in the past producing Bridging the Gap Project, consisting of ASARCO’s historic Crown Point, Silver King, Ranger, Wyoming, Curlew, and Blackhawk silver/lead/zinc mines in Idaho’s Silver Valley. The Company has an experienced management and technical team with extensive exploration and mining expertise.
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