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Bayhorse Silver Commences Crushing and Upgrading Operations at its Bayhorse Silver Mine in Oregon - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2017) - Bayhorse Silver (TSXV: BHS) (...
About this update from Bayhorse Silver Inc.
[{"type":"text","content":"\nBayhorse Silver Commences Crushing and Upgrading Operations at its Bayhorse Silver Mine in Oregon - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - March 17, 2017) - Bayhorse Silver (TSXV: BHS) (OTC: KXPLF) (FSE: 7KXN) has commenced crushing and upgrading operations at its Bayhorse Silver Mine in Oregon.InvestmentPitch.com has produced a \"video\" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Bayhorse\" in the search box. The video is also available of YouTube (click here).Cannot view this video? Visit:http://www.investmentpitch.com/video/0_hsoayafn/Bayhorse-Silver-TSXV-BHS-Has-commenced-Crushing-Upgrading-at-its-Bayhorse-Silver-Mine-In-OregonThe Bayhorse Mine has a rich history with mining conducted intermittently since the early 1920's, closing after the price of silver dropped below US$6 per ounce in late 1984.According to the 1959 edition of \"Minerals Production Yearbook\", reported historic production from the Bayhorse Mine totalled 286,000 ounces of silver from 8,300 tons of mineralization, for an average grade of 34.5 ounces per ton, or 1,183 grams per tonne silver.Activity resumed in 1984, with Silver King Mines drilling 90 underground holes, totaling 15,000 feet. Using a 6 ounce per ton cut off grade, Silver King mined 5,718 tons yielding an average of 16.7 ounces per ton, or 572 grams per tonne silver. Historic records reported that 23% of this material graded between 21 and 100 ounces per ton, with 71% grading between 6 and 20 ounces per ton, and the balance grading less than 6 ounces per ton silver. An average grade of 1% copper was also reported.In order to reduce the high costs of shipping lower grade material to refineries, Bayhorse Silver uses two technologies, Ore-Sorting and Dense Media Upgrading, which allows the company to substantially increase the grade of mineralization shipped, resulting in higher prices received per ton.The upgraded material will be stockpiled at the mine in 1,000 kilo or 2,200 pound supersacks, which will be individually assayed, with samples of both the material and assays submitted to potential buyers. Management anticipates that up to 10,000 kilos of sacked, upgraded material will be available for shipping by the end of April 2017, which will be increased as upgrading operations ramp up...