Business
Bayhorse Silver Updates Progress on Bayhorse Silver Mine, Oregon, USA
Vancouver, British Columbia--(Newsfile Corp. - May 22, 2018) - Bayhorse Silver Inc.  (TS...
About this update from Bayhorse Silver Inc.
[{"type":"text","content":"Bayhorse Silver Updates Progress on Bayhorse Silver Mine, Oregon, USAVancouver, British Columbia--(Newsfile Corp. - May 22, 2018) - Bayhorse Silver Inc. (TSXV: BHS) (the \"Company\" or \"Bayhorse\") updates its progress on the Bayhorse Silver Mine in Oregon, USA.The company has commenced planning the extraction of higher grade material from:the Junction zone, 300 feet inside the mine, the Big Dog zone, 600 feet inside the mine, and the Westerly Zone, extending a further 300 feet past the Big Dog Zone, Silver King Mines diamond drilled the Westerly Zone but mined it minimally prior to shutting the mine down in 1984. Mineralization in this zone lies between 16 to 40 feet above the new main haulage way, which skirts the northern edge of the zone. Processing of stockpiled material continue as well extending the haulage way access into the most westerly area of the mine workings to extract higher grade material. In addition, the Company is evaluating several processing and treatment alternatives to upgrade material with the objective of selling the upgraded material to start generating revenue. Further updates on its operating objectives will be provided as results are obtained.Expressions of interest, on favourable terms, have been received from several parties to acquire any direct shipping material the Company may produce. Discussions are continuing. OperationsTo date, the Company has been working through stockpiled development material for further processing through the Company's ore-sorter.Assay results on ore-sorter product and reject materials show that the ore sorter typically upgrades the silver in andesite and rhyolite host rock by a factor of 5 times.The Company has identified a new type of silver mineralization in a rhyolite host rock, north of the historic workings, which the ore-sorter has upgraded by as much as 25 times. The Company is processing and stockpiling lower grade milling material that will require upgrading to a direct shipping grade of 100 oz/t (3,100 g/t) silver or better through either flotation or leaching. Excellent silver recoveries of greater than 90% have been reported to the Company by Metals US of Missoula, Montana who have provided their preliminary leaching test results on mineralization with a head grade of 15.7 oz/t silver and have reported silver recoveries of greater than 90%. Final...