SureTrader SureTrader
Home > Boards > Canadian > Mining/Resources >

Bayhorse Silver Inc. (KXPLF)

KXPLF RSS Feed
Add KXPLF Price Alert      Hide Sticky   Hide Intro
Moderator:
Search This Board:
Last Post: 9/20/2016 11:29:06 AM - Followers: 12 - Board type: Free - Posts Today: 0

Bayhorse Silver Inc.


is a junior exploration company with a 100% interest in its three major high grade New Zealand gold prospects (Alexander River, Paparoa and Lyell), in the highly prolific West Coast South Island gold fields of New Zealand, where it offers investors the potential for a major gold discovery and is earning an 80% interest in its newly acquired historic Bayhorse Silver Mine that has the potential for a substantial silver discovery.

Bayhorse Silver Mine Oregon

Mining has been conducted intermittently at Bayhorse since the early 1920′s and the mine last closed after the price of silver dropped to under US$6/oz in late 1984. The property has remained dormant since. The Bayhorse mine has two existing accessible adits, the upper extending about 800 feet westward into the hill and the lower extending about 500 feet into the hill.  A middle level is reached only by raises from the lower level and winzes from the upper level.  Three areas have been stopped in the ground between the upper and middle level.  

As “stated in the minerals production yearbook” (Jacobsen, 1959), total reported historic production from the Bayhorse Mine through 1959 was 286,000 ounces of silver from 8,300 tons of ore for an average of approximately 35.5 opt Ag (1,217 g/t Ag).Herdrick (1981) estimated remaining shipping ore at a 7.5 opt Ag cutoff to be 166,208 tons, and on-site mill ore at a 3 opt Ag cutoff to be 473,350 tons. Herdrick provides no production and shipping records

According to other more recent reports in 1984, 90 underground drill holes totaling approximately 15,000 feet reportedly delineated approximately 26,000 tons of silver bearing mineralization of which 5,718 tons were reported being produced at an average grade of 16.7 opt Ag (572.5 g/t Ag) while approximately 20,000 tons at an average of 15 opt Ag reportedly remained unmined. The historic records also indicate that of the 5,718 tons produced, approximately 23% reportedly graded between 21 – 100 opt Ag, 71% reportedly graded between 6 opt – 20 opt Ag and 6% reportedly graded less than 6 opt Ag. Ancilliary copper produced reportedly averaged  1% Cu. The highest reported grade from the 1984 drilling, sampling and mining program was a round that reportedly assayed 691 opt Ag (23,691 g/t Ag) and 15.72% Cu from a tetrahedrite-tennantite rich vein.

Both adits on the property are open, but the workings are not entirely accessible at present due to safety issues. Historic reports indicate that the mineralization, consisting mainly of tehrahedrite/tennantite, occurs in a 60-80 feet wide in a zone along an  andesite and rhyolite contact. Minor copper, arsenic, and vanadium are associated with the silver. Azurite and malachite coatings are common in oxidized parts of mineralized ground on the walls of the excavated stopes.  Additional minerals include  enargite, dufrenoysite and cuprodesclosite. Gold values of up to 10 g/t Au have also been reported in the mineralization.

The Company has an experienced management and technical team with extensive exploration expertise.
 

Latest News

Bayhorse Silver Announces Bonanza Grade Silver Assays

 Jan 14, 2014

Bayhorse Silver Inc. (“Bayhorse” or the “Company”) BHS: TSX-V, reports on assay results received from the Company’s recently acquired Bayhorse Mine Silver property in eastern Oregon.

Of the 21 selected hand samples taken, 11 assayed >100 g/t silver with some containing bonanza grades of more than 10,000 g/t silver. The highest silver grades are in samples GRBH-20, 150.4 kg/tonne (150,370 g/tonne or 4,385 oz/tonne) and GRBH-19, 88.2 kg/tonne (88,206 g/tonne or 2,836 oz/tonne). In addition samples GRBH-13 graded 1.19 kg/tonne (1,190 g/tonne or 38.26 oz/tonne), GRBH-09, 1.02 kg/tonne (1,020 g/tonne or 32.79 oz/tonne), GRBH-02, 0.9 kg/tonne (902 g/tonne or 29.0 oz/tonne) and GRBH-03, 0.88 kg/tonne (888 g/tonne or 28.55 oz/tonne). Assays for the entire 21  samples are tabulated below. Samples were taken by independent geologist Dr. G. E. Ray, P.Geol., during a property visit undertaken in preparation for an NI-43-101 Technical Report that is currently underway.

The two highest grade samples (GRBH-20 and GRBH-19) were taken 4 meters apart from a 4-cm thick massive sulfosalt-sphalerite vein that occupies a faulted rhyolite-andesite contact. This vein outcrops above the Upper Adit entrance that accesses the historic underground workings. The two samples weighed approximately 1.5 kg each. The samples were submitted under chain of custody to the certified ALS Chemex laboratory in Elko Nevada for analysis.

 
    Ag Cu Pb Zn Ag Ag
Sample Sample Type g/t % % % oz/tonne kg/t
GRBH-01 Low grade stockpile rhyolite 118     2.65 3.79  
GRBH-02  Low grade stockpile rhyolite 902 1.17   2.39 29 0.9
GRBH-03  Low grade stockpile rhyolite 888 3.06   2.4 28.55 0.9
GRBH-04  Low grade stockpile rhyolite 176     1.1 5.66  
GRBH-05 Low grade stockpile rhyolite 197       6.33  
GRBH-06  Quartz vein upper adit 1.73        0.05  
GRBH-07  Low grade stockpile rhyolite 641 5.12   3.7 20.61  
GRBH-08  Low grade stockpile rhyolite  84.6     0.99 2.72  
GRBH-09  Andesite outcrop 70ft north of Upper Adit 1,020 2.95   1.13 32.79 1.02
GRBH-10  Composite quartz vein samples  5.79       0.186  
GRBH-11  Outcrop rhyolite  9.96       0.32  
GRBH-12  Outcrop rhyolite  10.4       0.33  
GRBH-13  Outcrop rhyolite 160ft south of Upper Adit 1,190 3.69     38.26 1.19
GRBH-14  Quartz vein float 1600ft west of Upper Adit 1.59        0.03  
GRBH-15  Composite quartz vein float 1600ft west of Upper Adit 9.23       0.29  
GRBH-16  Composite quartz vein float  4.06       0.13  
GRBH-17  Faulted outcrop 750ft west of adit 0.66        -  
GRBH-18  Outcrop 400ft west of Upper Adit 5.14    1.19   0.16  
GRBH-19 4 cm vein outcrop at Upper Adit* 88,206 11.9 1.25 8.97 2,836 88.2
GRBH-20 4 cm vein outcrop at Upper Adit * 150,370 17.85 1.21 8.67 4,835 150.4
GRBH-21 Composite rhyolite float Upper Adit 710     2.5 22.83  

(“grab samples are selective by nature and are unlikely to represent average grades of the deposits”)

The assay results confirm historic reports that bonanza grade silver exists on the Bayhorse Property.

Some samples were submitted to petrologist Dr. Craig Leitch, P.Eng., for thin and polished section studies. He reports that the 4-cm thick vein discovered at surface with bonanza silver grades contains sphalerite, with three distinct sulfosalt minerals (tennantite and two unidentified phases, possibly Ag-sulfosalts) as well as possible acanthite. In addition there was  minor galena and chalcopyrite.

Based upon the significant results reported above, along with the following historic information, the Company has decided to initiate metallurgical assessment of an approximately 250 kg bulk sample of mineralized material from an onsite, apparent low-grade ore dump, to be submitted to Met-Solve laboratories in Abbotsford, BC. By doing so, the Company hopes to confirm the reported historic flotation recoveries in excess of 80% silver and to determine the best method to achieve a saleable concentrate in the event that the historic information  reported below can be substantiated.

Historic Information:

The Company advises that the following information is of a historic nature. Historic production estimates, drill information and grades reported have not been verified; A qualified person has not done sufficient work to verify the historical estimates nor classify the historical estimates as current mineral resources or mineral reserves and the Company is not treating the historical estimates as current mineral resources or mineral reserves. (ounces/grams conversion is one ounce/short ton = 34.2857 grams/metric ton)

As “stated in the minerals production yearbook” (Jacobsen, 1959), total reported historic production from the Bayhorse Mine through 1959 was 286,000 ounces of silver from 8,300 tons of ore for an average of approximately 34.5 opt Ag (1,183 g/t Ag) while Herdrick (1981) estimated remaining shipping ore at a 7.5 opt Ag cutoff to be 166,208 tons, and on-site mill ore at a 3 opt  Ag cutoff to be 473,350 tons.

According to other more recent reports in 1984, 90 underground drill holes totaling  15,000 feet reportedly delineated  26,000 tons of silver bearing mineralization of which 5,718 tons were reported being produced at an average grade of 16.7 opt Ag (572.5 g/t Ag) while approximately 20,000 tons at an average of 15 opt Ag reportedly remained unmined. The historic records also indicate that of the 5,718 tons produced, 23% reportedly graded between 21 – 100 opt Ag, 71% reportedly graded between 6 opt – 20 opt Ag and 6% reportedly graded less than 6 opt Ag. Ancillary copper produced reportedly averaged 1% Cu. The highest reported grade from the 1984 drilling, sampling and mining program was from a mined round, containing a tetrahedrite-tennantite –rich vein, that assayed 691 opt Ag (23,691 g/t) and 15.72% Cu.
 

Market Cap: 2.5m                                              Shares Out: 16.2m

 

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
KXPLF
Current Price
Volume:
Bid Ask Day's Range
SureTrader
PostSubject
#706   Carl by reading your recent post on SH NiteShift 09/20/16 11:29:06 AM
#705   Carl, no real answers??? What answers were you NiteShift 09/20/16 09:47:13 AM
#704   I replied to your message. All is GOOD NiteShift 09/19/16 07:20:03 PM
#703   I don;t know how but it changed to sage4050 carl405040 09/19/16 06:52:32 PM
#702   Carl, I don't see your post under Sandmuch? NiteShift 09/19/16 06:48:15 PM
#701   Read my post on Stockhouse and would like carl405040 09/19/16 06:42:24 PM
#700   Who's GG? Once equipment is received it will NiteShift 09/17/16 06:02:01 PM
#699   Sounds good. Two weeks left in Sept carl405040 09/17/16 05:58:16 PM
#698   Carl this coming week will be a GOOD NiteShift 09/17/16 04:23:26 PM
#697   The shakeout is over Carl with over 150,000 NiteShift 09/16/16 03:15:53 PM
#696   I think you are right. I may carl405040 09/16/16 01:24:17 PM
#695   I know your faustrated but this is a NiteShift 09/16/16 12:52:45 PM
#694   Just a healthy shakeout Carl which is just NiteShift 09/16/16 12:47:46 PM
#693   FIVE days in a row down. Hard carl405040 09/16/16 12:30:33 PM
#692   Ok Carl, I'm glad to hear that. BayHorse NiteShift 09/15/16 07:19:46 AM
#691   It is ok nite. I have sold carl405040 09/13/16 07:26:36 PM
#690   Carl I don't know how many shares you NiteShift 09/13/16 07:00:59 PM
#689   No bought on Scottrade and am in Calif. carl405040 09/12/16 07:52:23 PM
#688   Unfortunately there's very little liquidity on the GREY NiteShift 09/12/16 07:00:15 PM
#687   I have. BUT I bought on the carl405040 09/12/16 06:55:45 PM
#686   You guys need to start reading/posting on the NiteShift 09/12/16 05:25:24 PM
#685   Yes Carl we are VERY close to a NiteShift 09/12/16 05:21:02 PM
#684   This thing is about to go wild and carl405040 09/12/16 12:51:34 PM
#683   I agree. The only question now with carl405040 09/07/16 05:52:00 PM
#682   It has taken much longer than expected but greenfields333 09/07/16 01:23:48 PM
#681   Or go to InvestmentPitch Media. Beritt 08/31/16 06:41:02 AM
#680   In October they want to produce the first Beritt 08/31/16 06:29:19 AM
#679   Wahnsinn!!!! Beritt 08/31/16 06:20:36 AM
#678   Time for some news I think. carl405040 08/19/16 10:54:54 AM
#677   Has anyone seen any news regarding Saturn Oil carl405040 08/15/16 05:18:18 PM
#676   All I know is they appear to be carl405040 07/26/16 02:11:28 PM
#675   Sundmach9, could you please break down the email silvereagle123 07/26/16 01:24:24 PM
#674   Everyone should have their e-mail from Bayshore by carl405040 07/26/16 11:53:45 AM
#673   News is out but need someone to do carl405040 07/26/16 09:44:02 AM
#672   I just checked and web site is working Herscu1 07/18/16 10:18:43 PM
#671   I would imagine they are upgrading it, certainly Herscu1 07/18/16 04:41:38 AM
#670   Website down, anyone know what is going on? carl405040 07/15/16 11:15:13 AM
#669   Barrons said silver going to go up more carl405040 07/11/16 12:30:26 PM
#668   Silver rising might solve all problems. carl405040 07/10/16 06:55:06 PM
#667   It looks to me like the CEO there wshaw14 07/08/16 02:54:27 PM
#666   This company is shit! I'm out. Go into silvereagle123 07/07/16 02:57:39 PM
#665   I wish Bayhorse would give us an opinion carl405040 07/07/16 11:17:38 AM
#664   BAYHORSE SILVER OBTAINS UNDERGROUND SAMPLES OF HISTORICAL MINERALIZATION, cwl 07/07/16 11:10:29 AM
#663   To Our Shareholders & Investors cwl 06/22/16 09:59:10 PM
#662   Here is the email response that I recently silvereagle123 06/22/16 07:02:49 PM
#661   No, actually I just dot his stuff for carl405040 06/22/16 03:16:18 PM
#660   Do you have REAL plays bro? If not, silvereagle123 06/22/16 03:06:54 PM
#659   There was no mention of anything but a carl405040 06/22/16 03:06:00 PM
#658   Yeah me too. I don't want to do silvereagle123 06/22/16 02:59:31 PM
#657   Yes. The first paragraph is the biggest carl405040 06/22/16 02:57:02 PM
PostSubject