Bayhorse Silver Ground Water Test Well Drilling Underway

Posted on Jun 23, 2024 in News Release

June 20, 2024.                                                                                                  BHS2024-13

Bayhorse Silver Inc, (BHS: TSX-V, BHSIF: OTCQB, 7KXN: FRANKFURT) (the “Company” or “Bayhorse”) reports that the installation of three groundwater test wells is underway at its Bayhorse Silver Mine, Oregon, USA to complete the final part of its baseline studies required for the Company’s full Mine Operating Permit.

The three test wells, two of 150 foot depth, and one of 750 foot depth, are to determine whether any groundwater is present around the Bayhorse Silver Mine that may be affected by planned mining operations. The wells are expected to be drilled and completed by the end of the first week of July.

The test wells are being installed under the direction and supervision of HDR Engineering, of Boise, Idaho, through a ground water test plan approved by Oregon’s Department of Geological and Mineral Industries (“Dogami”).

Bayhorse CEO, Graeme O’Neill, comments “It has taken a year from the initial planning stage, to approval of the ground water test well drilling program.  Now that it is underway, we are in the final stages of our full Mine Operating Permit application to get back to mining operations.”

Figure 1, Groundwater test well drill rig in operation at the Bayhorse Mine with the Pegasus Property in the background

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 press release.

On Behalf of the Board.

Graeme O’Neill, CEO