Bayhorse Silver Inc. · TSXV:BHS
Bayhorse Silver — Investor Presentation (January 2026)
18 slides from Bayhorse Silver's investor presentation, January 2026
Slide 1: Corporate Presentation First Quarter 2026
CORPORATE PRESENTATION First Quarter 2026 BHS: TSX-V
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. The terms “probable tonnages”, “orebody”, “probable ore” and “ore” are measurement c
Slide 3: Bayhorse Silver at a Glance
Bayhorse Silver at a Glance Ø 100% Interest in the past producing Bayhorse Mine located in Oregon, USA Ø Hosts NI 43-101 Compliant Inferred resource of 292,300 short tons grading 21.65 ounces per short ton for a total of 6,328,400 oz Ag Ø Mine and nearby mill built for US$12.1m Ø Being readied for p
Slide 4: Bayhorse Silver Mine; easy access, power and mill
Bayhorse Silver Mine; easy access, power and mill Ø Situated eight miles north of Huntington, Oregon off US Interstate I-84 with the mill located forty miles away in Payette Idaho Ø Fully electrified mine-site with infrastructure that includes 1750 feet of underground workings, a 40 ton per hour Ste
Slide 5: Bayhorse Silver Mine – Advancing to Production Ready
Bayhorse Silver Mine – Advancing to Production Ready Ø Undertaking 25 ton bulk sample Ø Mimics potential UG operations Ø Will be processed at Company mill in Payette Idaho Ø Will be passed through Ore-Sorter Ø Forms part of the permitting process Ø Antimony recovery of 99% from concentrate samples s
Slide 6: Bayhorse Silver Mine – New IP Targets ready for drilling
Bayhorse Silver Mine – New IP Targets ready for drilling Ø Four newly identified IP targets on strike with and proximal to historic mined stopes where grades of up to 240 oz/ton silver were mined Ø IP target #6 is 18m below the mine road and drill accessible by a 25m DH from the lower adit Ø Dimensi
Slide 7: Bayhorse Silver Mine – IP targets ready to drill
Bayhorse Silver Mine – IP targets ready to drill TSX.V: BHS 7
Slide 8: NI 43-101 Compliant Resource delivered in 2018
NI 43-101 Compliant Resource delivered in 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 per short ton short ton –– opt) opt) 0 312,800 20.51 703.3 6,417,300 2.5 305,800 20.94 718.1 6,404,1
Slide 9: Mining & Processing Ready To Go
Mining & Processing Ready To Go Ø Anticipated silver production at Bayhorse Silver Mine in 2027 subject to financing and receipt of final permits Ø Initial mining rate anticipated at 100 tons/day with potential to increase to 200 tons/day Ø Steinert XRT Ore-Sorter operates at 40 tons/hour and upgrad
Slide 10: Concentrate Upgrading Post Ore-Sorter
Concentrate Upgrading Post Ore-Sorter 400 + Oz/T How do we make concentrate of 400 oz per ton of silver when there is only 21.5 oz per ton average to start with? 40 Ton/Hour Steinert Ore-Sorter Tertiary crusher/ball mill/regrind circuit Sorter Concentrate Gravity concentrator, flotation concentrator
Slide 11: Pegasus Project – Adjacent to Hercules Metals Olympus claims
Pegasus Project – Adjacent to Hercules Metals Olympus claims Ø Located 44 km SSW of Hercules Metals recent Leviathan copper porphyry discovery and consisting of four square miles of staked ground across both Oregon and Idaho Ø Adjacent to Hercules metals recently expanded 100,000 acre Olympus claims
Slide 12: Bayhorse Silver Copper Porphyry Prospect
Bayhorse Silver Copper Porphyry Prospect The target dimensions are a minimum 450m (1450 ft) in depth and, as it extends beyond the VTEM survey area, the radius is estimated to be a minimum 500 m (1650 ft) TSX.V: BHS 12
Slide 13: Looking Forward – Blue Sky & Beyond
Looking Forward – Blue Sky & Beyond Ø Complete 25 ton bulk sample from underground workings Ø Drill minimum five holes from surface to test for extension of mineralization Ø Execute underground drill program to upgrade resource Ø Evaluate various recovery processes to maximize metals recoveries Ø Co
Slide 14: Looking Forward - Bayhorse Timeline: Project Catalysts 2026-2027
Looking Forward - Bayhorse Timeline PROJECT CATALYSTS 2026-2027 Q1 Q2 Q3 Q4 Q1 2026 2026 2026 2026 2027 NI 43-101 RESOURCE Surface Drill Program of five or more holes to test for additional mineralization Resource Estimate Update 25 Ton Bulk Sample DEVELOPMENT From three existing Underground Drill p
Slide 15: Management and Directors
Management and Directors Graeme O’Neill, Ø Founder of the Company; CEO since inception CEO Ø Involved in management of junior exploration companies in the minerals sector for over 20 years as CEO. During this time developed mineral exploration projects in Canada, U.S, Australia & New Zealand Ø Highl
Slide 16: Consultants
Consultants Mark Abrams Ø Master of Science, Geology, 1980 AIPG. Ø Licensed geologist in California, Idaho, Oregon and Alaska. Certified professional geologist by American Institute of Professional Geologists. Ø Experienced in multiple jurisdictions. United States, Mexico, Honduras, Guatemala, Chile
Slide 17: Overview
Overview Management holds 6% of the Company Bayhorse Silver Inc. TSX Venture (Primary) BHS OTCQB BHSIF Frankfurt 7KXN Share Price (January 5 , 2025) th $0.15 Shares Outstanding (basic) 352.4 million Warrants Issued (weighted average strike $0.10) 122.7 Million Options Issued (weighted average strike
Slide 18: Contact
Contact Graeme O’Neill CEO Email: go@bayhorsesilver.com Toll Free: 1-866-399-6539 Toll Free: Head Office 4628 Rumble Street Burnaby, British Columbia Canada, V5J 2A7 Tel: 1 (604) 684-3394 Fax: 1-888-684-0586 Email: company@bayhorsesilver.com Website: www.bayhorsesilver.com TSX.V: BHS 18
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