Bayhorse Silver Mine, Underground Model And Resource Envelopes

We have opened up a significant zone of mineralization at the most westerly reaches, over 900 feet inside the mine,on the main mineralized zone at the Bayhorse Silver Mine. High grade material is being mined from the first 1,000 ton block, and is being processed and upgraded through the Company’s recently installed “Ore-Sorter”.

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The Bayhorse Silver Mine is a past producing mine. The Company has brought the mine back into an operating status. As disclosed in the National Instrument 43-101 Technical Report on the Bayhorse Mine, (link to report at top of page) The Company has reopened all the historic workings, to 1,000 feet inside the mine to the west. It is currently extracting mineralized material from a zone that is approximately 220 feet long, 20 feet in thickness, and 70 feet wide, within the calculated inferred resource envelope, that is estimated to contain, in-situ, 30,000 tons of mineralized rhyolite. Grades as high as 313 oz/t Silver have been sampled in this zone.