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Bayhorse Silver Signs LOI for Off-Take of Silver from Bayhorse Silver Mine in Oregon - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - August 16, 2017) - Bayhorse Silver (TSXV: BHS) ...
About this update from Bayhorse Silver Inc.
[{"type":"text","content":"Bayhorse Silver Signs LOI for Off-Take of Silver from Bayhorse Silver Mine in Oregon - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - August 16, 2017) - Bayhorse Silver (TSXV: BHS) (OTC: KXPLF) (FSE: 7KXN) has signed a Letter of Intent covering an off-take agreement for silver production from the Bayhorse Silver Mine. The agreement is with Minerals Solutions LLC of Coeur d'Alene, Idaho, a joint venture between Liberty Refiners LLC of Hayden, Idaho and Irish Metals LLC, of Coeur d'Alene, Idaho.InvestmentPitch.com has produced a \"video\" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Bayhorse Silver\" in the search box. The video is also available on YouTube.Cannot view this video? Visit:http://www.investmentpitch.com/video/0_lll8s018/Bayhorse-Silver-TSXV-BHS-signed-a-LOI-covering-an-off-take-agreement-for-Silver-Production-from-the-Bayhorse-Silver-Mine 800x600 The company will provide Minerals Solutions with direct shipping material from its 80% owned Bayhorse Silver Mine, located in Oregon. Minerals Solutions will concentrate, process, refine and sell the refined silver on behalf of Bayhorse, with Bayhorse retaining the option to take delivery of the refined silver.The company recently acquired state-of-the-art ore-sorter equipment from Steinert US. The new equipment, a KSS100, Transmissive X-Ray Ore-Sorter, has up to a 40 ton per hour sorting capacity, and is extremely cost effective as it does not require any water and has an extremely low power draw.Using this equipment, Bayhorse will be producing two materials, a direct shipping grade of 3,000 grams per tonne silver or better, and a lower grade flotation grade material. Materials Solutions is evaluating processing options for the lesser grade material.Bayhorse has undertaken to begin delivery in October of the higher grade, minimum 3,000 grams per tonne silver material. Bayhorse will initially provide Minerals Solutions with a minimum 1,000 kilogram sample to establish the cost of processing that will form the basis of the formal processing agreement.Liberty has refined precious metals since 2008 and is currently the exclusive refiner for the Sunshine Mint. Michael Irish, of Irish Metals LLC, has been a consultant to the mining and recycle industries since 2014 and was the princi...