Bayhorse Silver Inc. · TSXV:BHS
Bayhorse Silver — Investor Presentation (October 2022)
23 slides from Bayhorse Silver's investor presentation, October 2022
Slide 1: Investor Presentation – October 2022
INVESTOR PRESENTATION – OCTOBER, 2022 TSX.V: BHS
Slide 2: Cautionary Note
Cautionary Note The Company advises that the following presentation includes forward looking statements and contains information that is based upon a NI-43-101 Inferred Resource, and a Conceptual Exploration Target for the Bayhorse Mine. The terms “probable tonnages”, “orebody”, “probable ore” and “
Slide 3: Experienced Management and Board
Experienced Management and Board ➢ Founder of the Company; CEO since inception Graeme O’Neill, ➢ Involved in management of junior exploration companies in the minerals sector for over 18 years as CEO. During this time developed barite mine close to Teck’s Trail Smelter that was sold to a European in
Slide 4: Advisors & Consultants
Advisors & Consultants ADVISORY BOARD ➢ Professional Geologist in the Province of Ontario, Canada with substantial experience in managing public companies, including Crown Resources, where he developed the Buckhorn Gold Mine in WA as an open pit before Dr. Stewart A. Jackson it was substantially dev
Slide 5: Silver to Gold Ratio – Mean Reversion
Silver to Gold Ratio –Mean Reversion Over the past year, the silver to gold price ratio has reached an unprecedented 131 oz silver to 1 oz gold. Over the past 30 years, the ratio imbalance between silver and gold has only once spent this length of time above 90:1. Yet with the ongoing war in Ukraine
Slide 6: Bayhorse Silver Mine – Minimal Environmental Footprint
Bayhorse Silver Mine – Minimal Environmental Footprint ➢ Mine Infrastructure includes, 1750 ft of underground workings with 40 ton/hour Steinert ore sorter, up to 200 ton/day crushing/sorting capacity ➢ Ore Sorter reduces Mill Feed to 25% of daily mined material (50 Tons) ➢ Mill Infrastructure inclu
Slide 7: Bayhorse Silver Mine – Minimal Environmental Footprint
Bayhorse Silver Mine – Minimal Environmental Footprint ➢ Maiden Inferred Mineral Resource 6,328,400 oz silver ➢ Full Operational Permitting under way ➢ Mine & Mill placed in pre-operation for USD$11.1 million ➢ Opened for $1.20 per inferred resource ounce ➢ Low environmental impact mine ➢ Revenue st
Slide 8: Mining & Processing Ready To Go
Mining & Processing Ready To Go ➢ Mining on a 6,328,400 ounce Inferred Silver Resource at 21.65 oz/t (742 g/t) ➢ Tetrahedrite, Silver/Copper/Antimony/Zinc/Lead with up to 10 g/t gold ➢ Initial Off-Take Agreement in place for silver concentrate with Ocean Partners UK Limited ➢ Current mining capacity
Slide 9: NI 43-101 Technical Report (2018)
NI 43-101 Technical Report (2018) Classification* Ag Cutoff Tonnage Ag Grade Ag Grade Contained Ag* (ounces per ton – opt)* (in short tons) (ounces (parts per million)* (troy ounces) per short ton – opt) 0 312,800 20.51 703.3 6,417,300 2.5 305,800 20.94 718.1 6,404,100 5 301,700 21.18 726.0 6,388,90
Slide 10: Mining & Processing The High-Grade Silver
Mining & Processing The High-Grade Silver 200 ton/day mining & processing capability ➢ Operational 7 day/week; mining high grade ➢ State of the art 40 ton/hour “Steinert XRT Ore- zone 1,000 feet inside the Mine Sorter” reduces waste rock entering processing ➢ Mining teams led by highly experienced h
Slide 11: Significant Silver & Gold Expansion Potential
Significant Silver & Gold Expansion Potential Underground Exploration Program To Follow Westerly Strike, Southerly Dip of Mineralization Conceptual Exploration Targets To Be Drilled Underground (Apex 2022) ➢ 200,000 to 250,000 tons @ 10 – 20 oz/ton silver 2,000,000 oz/Ag to 5,000,000 oz/Ag ➢ Mined s
Slide 12: Concentrate Upgrading Post Ore-Sorter
Concentrate Upgrading Post Ore-Sorter 300 + Oz/T How do we make concentrate of +/- 300 oz per ton of silver when there is only 21.5 oz per ton average to start with? 40 Ton/Hour Steinert Ore-Sorter Tetrahedrite Concentrate 240-480 oz/t silver 10-12% copper, 10-12% antimony, 18-20% lead/zinc Flotatio
Slide 13: Bayhorse Silver Mine – Moving Forward
Bayhorse Silver Mine – Moving Forward Comprehensive Underground Drilling at the Bayhorse mine to improve the category of the resource from inferred to Measured & Indicated. Continue mining and processing to fulfill the 300 ton flotation concentrate under the Ocean Partners Agreement. Further drillin
Slide 14: Bayhorse Silver Mill – Blue Sky
Bayhorse Silver Mill – Blue Sky Tetrahedrite is mainly Processed into a Float Concentrate and shipped overseas to smelters. The increased burden of mining, processing, and logistical costs during a time of much higher inflation indicates that more value added processes need to be addressed. 1. Inves
Slide 15: Brandywine High Grade Gold/Silver/VMS Project
Brandywine High Grade Gold/Silver/VMS Project Brandywine Precious Metals Rich VMS Project 1.5 hours north of Vancouver, BC, Canada, on the all weather “Sea to Sky” highway, the Brandywine precious metals rich, past producing, VMS gold project is logistically readily accessible, with all necessary se
Slide 16: Brandywine High Grade Gold/Silver/VMS Project
Brandywine High Grade Gold/Silver/VMS Project Brandywine Gold Silver Volcanogenic Massive Sulphide Project in British Columbia, Canada ➢ The Brandywine deposit falls within a class of high gold-silver volcanogenic massive sulphide deposits and complements the Bayhorse Silver Mine by providing a gold
Slide 17: Brandywine NI 43-101 Technical Report (2021)
Brandywine NI 43-101 Technical Report (2021) Brandywine Exploration Potential ➢Drill Permitted – Fall 2022 Drill Program ➢Expansion drilling at Dave’s Pond with historical (2010) 36 g/t over 1.5 m & 14 g/t Au over 3.2 m with Visible Gold in core ➢Target drilling of the Placer Dome high grade silver
Slide 18: Brandywine - Exposure To Bonanza Grade Gold
Brandywine - Exposure To Bonanza Grade Gold Brandywine Exploration Potential Nothair Gold Mine ➢Drill Access Completed ➢Initial 1,500 Meter Drill Program ➢Historic 240,000 Unconfirmed Resource Dave’s pit ➢Kilbourn Engineering 1996 Silver tunnel Quartz tunnel ➢Visible Gold At Shallow (20M) Depth ➢Bul
Slide 19: Brandywine – Blue Sky
Brandywine – Blue Sky Brandywine Exploration Potential As an Eskay Creek look alike ➢On positive drill results, expand drilling mineralization along strike and down dip ➢Further drilling to define the Kilbourn Engineering 1996 Historic 240,000 Unconfirmed Resource to determine whether it can be brou
Slide 20: Crane Creek High Grade Gold Project-Idaho
Crane Creek High Grade Gold Project-Idaho ➢Readily Accessible ➢76 Miles From Bayhorse Mill ➢6 Miles From Delamar Gold Mine ➢1 Oz/T Au Plus Surface Samples Taken ➢1,300 Lb Metallurgical Sample Taken ➢1,000 Ton Bulk Sample Planned Q4 ➢10-20 Ft Wide Structure ➢Structure 2 Plus Miles On Strike TSX.V: BH
Slide 21: Looking Forward – Blue Sky
Looking Forward – Blue Sky ❑ Q4, 2022: Completion of Bayhorse Leach Testing, Clean Earth Technologies ❑ Q4, 2022: On permitting, commence Crane Creek, 1,000 ton Bulk Sample ❑ Q4, 2022: Commence Brandywine Permitted High Grade Gold Drill Program ❑ Q1, 2023 Conduct Crane Creek Bulk Sample Processing a
Slide 22: Share Metrics and Capital Structure
Share Metrics and Capital Structure Bayhorse Silver Inc. TSX Venture Exchange (TSX.V) BHS Share Price (22/08/22) CA$0.04 Market Cap (22/08/22) CA$9.5 million Shares Outstanding (Basic) 238.4 million Warrants 115 million Options 12 million Shares Outstanding (Fully Diluted) 365.4 million Tax Loss Car
Slide 23: Contact Information
Contact Information Graeme O’Neill Tel: 1-866-399-6539 CEO Fax: 1-888-684-0586 Email: go@bayhorsesilver.com Email: company@bayhorsesilver.com Ph: (604) 790-9193 Website: www.bayhorsesilver.com Head Office 2501-4398 Buchanan Street Burnaby, British Columbia Canada, V5C 6R7 TSX.V: BHS 23
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