Preparing to Produce “Critical” and “Strategic” Silver
Bayhorse Silver has expended a modest US$10,000,000 in Capital Expenditures in developing the Bayhorse Silver Mine for near term production. Our return to operations is predicated on receipt of a Full Operating Permit from DOGAMI and the raising of sufficient capital to commence operations.
We are planning for mining silver at our 100% controlled Bayhorse Silver Mine, OR, USA, from an inferred NI-43-101 compliant resource of 292,300 short tons at an average grade of 21.65 troy ounces per ton (opt) silver (Ag) for total contained silver of 6,328,400 ounces. The mineralized material contains significant amounts of copper (Cu), zinc (Zn) and antimony (Sb).
We remove unwanted waste rock from any mined material on-site using our state-of-the-art Steinert XRT Ore-Sorter, then it will be sent to our milling/gravity/flotation circuit into a targeted 10,000 – 20,000 gram/ton (480 to 640 oz/ton) concentrate, before shipping the final silver/copper concentrate.
We have entered into an Offtake Agreement for the sale of our eventual silver/copper concentrate produced from the Bayhorse Silver Mine with Ocean Partners UK Limited.
We are evaluating various mineral processing technologies such as alkaline selective leaching in order to enhance recoveries of elements other than silver from the multi-element mineralized material at the Bayhorse Mine.
View the Flotation Circuit Here
591 oz/ton (18,385 g/t) gravity table sample from the bonanza grade Big Dog zone (Metsolve Labs Assay)
With our adjacent Pegasus porphyry copper prospect, 5,000 feet away from the Bayhorse Silver Mine,the prospect of a porphyry copper discovery provides for, in our opinion, significant blue sky potential.