Bayhorse Silver Underground Drilling Progress At The Bayhorse Silver Mine
December 19, 2024. BHS2024-29
Bayhorse Silver Underground Drilling Progress At The Bayhorse Silver Mine
Bayhorse Silver Inc, (BHS: TSX-V, BHSIF: OTCQB, 7KXN: FRANKFURT) (the “Company” or “Bayhorse”) reports on the progress of the underground diamond drilling underway beneath the Company’s silver-copper-antimony rich Bayhorse Silver Mine in Oregon, USA.
As drilling progressed beneath the silver-copper-antimony Bayhorse Mine deposit, at 112 m (370ft) downhole it entered a strongly brecciated zone, that continues to the current depth of 148 m (488ft). Drilling is ongoing.
The Company’s senior consulting geologists have suggested the zone is a highly silicified hydrothermal polymictic breccia. It contains multiple rounded, “milled” clasts that probably resulted from high pressure fluids derived from a buried pluton streaming up through the breccia.
Rock types that make up the bulk of the breccia include: rhyolite, andesite, quartzite, meta sedimentary rocks and granite.
An XRF field analysis shows elevated levels of copper, zinc and lead. The reader is cautioned that the XRF field analysis needs to be confirmed by a formal laboratory 35 element assay. The core is in the process of being split and logged prior to submission for laboratory analysis.
Figure 1. Representative core sample from the underground drill holes
Figure 2. Representative core sample from the underground drill holes
The Bayhorse exploration model holds that the silver-copper-antimony rich mineralization at the Bayhorse Silver Mine could have its source in underlying shallow granites that may host porphyry copper mineralization.
Bayhorse CEO, Graeme O’Neill, comments “the drilling entering into a highly siliceous brecciated zone, and the presence of elevated levels of copper, is very encouraging.” “Drilling is ongoing and further updates will be forthcoming.”
This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its content. Mark Abrams, AIPG, a Qualified Person has prepared, supervised the preparation of, or approved the technical content of this news release.
On Behalf of the Board.
Graeme O’Neill, CEO
866-399-6539
