Vancouver, British Columbia - November 12, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Bayhorse Silver Inc, (TSXV: BHS) (The "Company" or "Bayhorse") has received assay results from four metallurgical samples from its 100% controlled Bayhorse Silver Mine (the "Mine"), Oregon, USA.
Three 8 kg (17lb) metallurgical samples were taken from a homogenous 50 kg channel sample. From each 8kg sample, three 0.7 kg (1.5 lb) were taken and submitted for assay and the results were 175.3 oz/t Ag (5,452.42 g/t), 166.6 oz/t Ag (5,175.60 g/t), and 169.7 oz/t Ag (5,278.25 g/t) per ton respectively.
Two duplicates from the same sample group as well as a further sample from a separate channel sample were also submitted for assay. The two duplicate samples assayed 186.2 oz/t Ag (5791.47 g/t) and 147 oz/t Ag (4,572 g/t) respectively, while the third sample assayed 91.2 oz/t Ag (2,836.63 g/t)
The metallurgical grades sampled are considered "direct to smelter" grade and can be shipped to a smelter without further processing.
The full results are tabulated below.
Bayhorse CEO Graeme O'Neill comments: "High grade silver samples are consistently being taken from the various zones inside the Bayhorse Silver Mine, and they continue to confirm the high silver grades reported by the historic production records". "We have developed the Bayhorse Silver Mine at a cost of $1.00 per inferred resource ounce."
The metallurgical samples will be submitted immediately, along with the completed assay certificates, to three identified smelters, in order to establish confirmed pricing agreements for the proposed delivery of Bayhorse Silver concentrate.
The Bayhorse silver mineralization contains tetrahedrite-tennantite, as the main copper-silver mineral together with the other metallic minerals, such as chalcopyrite, sphalerite, galena and pyrite and these will be concentrated and upgraded into a dry concentrate through the use of the Steinert ore-sorter.
A sampling protocol has been instituted along with insertion of QAQC samples to monitor ongoing head grades of the material being bulk sampled and processed through the Ore-Sorter and gravity separation for the fines.
The samples reported above were ground to minus 80 mesh prior to submission to American Analytical Services Labs of Osburn, Idaho, for assaying. The analytical method used for the silver analysis consists of a 1 Assay Ton (AT) samples subjected to fire assay with gravimetric finish and ICP35 analysis
The samples were select channel samples across the mineralization in the newly named Goldilocks Zone at the recently opened westernmost workings inside the mine.
This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its contents. Dr. Stewart Jackson, P.Geo., a Qualified Person and Consultant to the Company has prepared, supervised the preparation of, and approved the technical content of this press release.
On Behalf of the Board.
Graeme O'Neill, CEO
Bayhorse Silver Inc., a junior exploration company, has earned 100% interest in the historic Bayhorse Silver Mine, Oregon, USA. The Company has an experienced management and technical team with extensive exploration and mining expertise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.