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More High Grade Silver Channel Samples, Bayhorse Mine, Oregon, USA

Vancouver, British Columbia--(Newsfile Corp. - September 13, 2018) - On September 10 Bayhorse ...

articleBayhorse Silver Inc.September 13, 20183/company/bayhorse-silver-inc/news/more-high-grade-silver-channel-samples-bayhorse-mine-oregon-usa
More High Grade Silver Channel Samples, Bayhorse Mine, Oregon, USA

About this update from Bayhorse Silver Inc.

[{"type":"text","content":"More High Grade Silver Channel Samples, Bayhorse Mine, Oregon, USAVancouver, British Columbia--(Newsfile Corp. - September 13, 2018) - On September 10 Bayhorse Silver Inc (TSXV: BHS) reported the first set of assays (BHS2018-28) on our channel sampling program at the Bayhorse Silver Mine in Oregon.Today we are very pleased to report further high grade assays on the next 21 channel samples bringing the total to date to 47 of the 60 samples submitted to the lab.Highlights of this round include:three samples graded between 20 oz/t (630 g/t) and 50 oz/t (1,555 g/t) four samples graded between 10 oz/t (311 g/t) 20 oz/t (630 g/t) three samples graded between 4 oz/t (124 g/t) and ten oz/t (311 g/t) the remainder assayed under 4 oz/t (124 g/t)During the 1984 mining program at the Bayhorse Mine, historic records show that of the tonnage mined, 23% graded between 21 — 100 oz/t, 71% graded between 6 — 20oz/t, with the remainder grading under 6 oz/t and the assays of the channel samples we have received are consistent with those levels of mineralization. In addition to the channel samples we are awaiting an assay of a 30kg metallurgical sample and the assays of the long holes we have drilled.Bayhorse CEO Graeme O'Neill comments \"The channel sample assays to date appear to be showing a strong similarity to the silver grade percentages mined during the 1984 program. This comprehensive sampling program is in support of the Company's NI-43-101 report, that is nearly complete, and to support the imminent removal and processing of a large mineralized block.\" He also comments \"we do not know how long silver prices will remain under pressure but analyst Clive Maund recently has written about the astounding number of short positions against silver that sooner or later must be covered that should lead to much higher prices\".The new full channel sample results are tabulated below:SampleAg g/tAg oz/t1S20RR23.83 0.766 2S20B131.57 4.23 3S20LR 8.83 0.284 4S21RR 51.01 1.64 5S21B 79.94 2.57 6S21LR63.32 2.10 7S22RR177.60 5.71 8S22B 87.09 2.80 9S22LR 188.80 6.07 10S23RR. 432.34 13.90 11S23B 93.00 2.99 12S23LR485.21 15.60 13S24RR360.80 11.60 14S24B 895.78 28.80 15S24LR317.25 10.20 16S25RR68.12 2.19 17S25B 656.28 21.1 18S25LR1,387.21 44.60 19S26RR 88.18 2.77 20S26B- - 21S26LR75.27 2.42  DetailsThe 60 channel samples, each measuring 0...

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