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Vancouver, British Columbia--(Newsfile Corp. - January 16, 2025) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") is submitting 77 assay samples totaling 115 meters (381 feet) from the Company's ongoing drilling program at its silver-copper-antimony rich Bayhorse Silver Mine in Oregon, USA. The samples come from the bottom of the first 206 meters of the current drillhole, BH24-01 that has a targeted depth of 260 meters (850 feet)
The assays will be for 35 elements plus gold, as historic gold values up to 10 g/t have been reported, (Silver King Mines, 1984), and the company has sampled up to 1.71 g/t gold (BHS2022-04) (BHS2018-23) (BHS2018-06) in the historic workings, including an unreported 0.9 g/t gold during development of the Mine's secondary escapeway, between the current drill site location and the Bayhorse VTEM anomaly it is targeting (see Figure 1).
The Company is also planning a downhole geophysics program to supplement the VTEM survey. This should reveal additional drill targets into the Bayhorse mineralization. The downhole survey will cover a vertical depth of 250-300 meters (825 -1000 feet), to an EW strike of up to 270 meters (890 feet).
The downhole geophysical survey should discriminate between rocks that conduct electrical current and those that don't. There are areas of strong silicification, epithermal-style vuggy quartz veining and hydrothermal brecciation in Hole BH24-01. This alteration could mark the hole's proximity to porphyry or related epithermal mineralization.
Downhole IP surveying tools can also measure the chargeability of a rock which is its ability to hold a charge. Rocks with common but disconnected zones of sulfides have the largest chargeability responses and massive sulphides and copper porphyry are ideal chargeability targets.
The downhole surveys may also add to the low-resistivity zone identified in the VTEM survey that lies west of the Bayhorse Mine workings.
Figure 1. Bayhorse underground plan shown historic drill holes, current drill hole BH24-01 and planned drill hole BH25-01
*Please note holes MW-1, MW-2 and MW-3 (shown above) are groundwater test holes drilled previously.
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The Company's senior consulting geologists have suggested the zone is a highly silicified hydrothermal polymictic breccia. It contains some rounded, possibly "milled" clasts that probably resulted from high pressure fluids derived from a buried pluton streaming up through the breccia.