Significant Silver Assays At The Bayhorse Silver Mine

Posted on Aug 28, 2017 in News Release

August 28, 2017 BHS2017-17

Bayhorse Silver Inc – Significant Silver Assays Received From Sunshine and Big Dog Zones

Bayhorse Silver Inc., TSX-V: BHS (“Bayhorse” or the “Company”) is pleased to report assay results have been received from sampling the silver mineralized Sunshine and Big Dog Zones at the Bayhorse Silver Mine, Oregon, USA.

Samples were taken from each mined round of a 30-m (110 ft) drift advanced alongside the Sunshine Zone workings. Each drilled and blasted round was approximately 3.3 m (10 ft) high, 2.6 m (8 ft) wide, and 2 m (6.6 ft) deep. One sample was taken from the Big Dog Zone, where the majority of the mining was conducted under the 1984 mining program.

The highest grade sampled was 111.85 oz/t (3,478.92 g/t) Ag from the Big Dog Zone, while the highest grade sampled from the Sunshine Zone was 83.5 oz/t (2,597.13 g/t) Ag. Minor gold values were identified in the majority of the samples. The full results are tabulated below.

Sample Type Au Oz/t Ag Oz/t Ag g/t
Grab, blasted round <.001 0.80 24.88 Grab blasted round 0.001 2.70 83.98 Grab blasted round 0.005 62.50 1,943.96 Grab blasted round <.001 0.50 15.55 Grab blasted round 0.006 69.60 2,164.80 Grab blasted round 0.001 14.75 458.78 Grab blasted round 0.001 17.90 556.75 Grab blasted round 0.004 52.78 1,641.64 Select blasted rock 0.003 68.76 2,138.67 Select blasted rock <.001 4.33 134.68 Grab, 46' into drift 0.001 23.55 732.49 Grab, 52' into drift 0.002 61.12 1,901.04 Grab, 61' into drift 0.002 35.56 1,106.04 Grab 68' into drift <.001 5.72 177.91 Chip 76'- 18" across vein 0.003 49.58 1,542.11 Chip 80' - 18" across vein 0.001 2.70 83.98 Chip 85' - 24" across vein 0.004 83.50 2,597.13 Select - Big Dog Zone 0.005 111.85 3,478.92 Grab/select samples are selected samples and are not representative of the mineralization hosted on the property. Assaying was undertaken by Umpire Assayer for Metal Solutions LLC and Liberty Refiners LLC, Chris Christphosen, Metal Chemist and Assay Lab, Kellogg, Idaho. The analytical method used for the silver & gold analysis consisted of a 50 gram sample subjected to fire assay with gravimetric finish. Pulps of these samples have been submitted to Dr. Jerry Demenna, Chem Check Laboratory, Bronx, NY for ICP-AES (Induction Coupled Plasma-Atomic Emission Spectral) multi-element analysis, which is pending. As reported in the Company's news release BHS2017-14, testing of Bayhorse mineralization conducted on the Steinert XRT/Laser Ore-Sorter that the Company has purchased, shows it will effectively select crushed mineralized (5-400 mm) material containing more than 2.5 oz/t Ag (85.5 g/t). It will reject up to 86% of the non-mineralized gangue, and minimally mineralized material under 2.5 oz/t Ag. Bayhorse CEO, Graeme O'Neill comments "we are excited that the assay results received to date are continuing to confirm the historic recorded mined grades ." The Company advises it is not basing any decision to produce on a feasibility study of mineral reserves demonstrating economic and technical viability and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its contents. Dr. Clay Conway, P.Geol., a Qualified Person and Director of Bayhorse has prepared, supervised the preparation of, or approved the technical content of this press release. On Behalf of the Board. Graeme O'Neill, President 604-684-3394 Bayhorse Silver Inc., a junior exploration company, has earned an 80% interest in the historic Bayhorse Silver Mine, Oregon, USA. Bayhorse is also earning a 75% interest in the past producing Bridging the Gap Project, consisting of ASARCO’s historic Crown Point, Silver King, Ranger, Wyoming, Curlew, and Blackhawk silver/lead/zinc mines in Idaho’s Silver Valley. The Company has an experienced management and technical team with extensive exploration and mining expertise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.