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Bayhorse Silver Inc. (KXPLF)

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Last Post: 9/24/2018 10:02:22 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

 

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#925   Stockhouse is screwed up does anybody know when carl405040 09/24/18 10:02:22 AM
#924   Let's see what they come up with. (43-101) Candystore 09/20/18 07:13:28 AM
#923   PROVE IT. carl405040 08/24/18 04:11:15 PM
#922   Your public reply doesn't explain a thing. Candystore 08/24/18 09:54:52 AM
#921   This stock/company/ceo is a SCAM !!!Many of you J_Dean 08/24/18 09:52:00 AM
#920   Stock dead in the water and guess whose carl405040 08/09/18 12:23:56 PM
#919   Both boards dead as heck. Even pumpers carl405040 08/06/18 09:27:30 PM
#918   Did you guys follow BEA? Candystore 07/29/18 05:38:12 AM
#917   Down to .06 a share. Great job Gman. carl405040 07/28/18 09:37:07 AM
#916   A very very disappointing NR from BHS. carl405040 07/27/18 10:38:58 AM
#915   What's up guys?? Candystore 07/27/18 01:45:32 AM
#914   DONE!! Your loss my friend!!! NiteShift 07/26/18 07:24:07 PM
#913   PLEASE NITE DO NOT EVER CONTACT ME AGAIN!!!!!. carl405040 07/26/18 12:41:52 PM
#912   NITE????????????? carl405040 07/25/18 04:50:10 PM
#911   Be patient!!! NiteShift 07/24/18 02:48:41 PM
#910   You know Nite there have been some very carl405040 07/24/18 09:48:30 AM
#909   Yes, its coming early this week so im NiteShift 07/23/18 11:26:12 AM
#908   Hope that major NR is coming this week. carl405040 07/22/18 06:13:31 PM
#907   Belmont resources. Candystore 07/22/18 06:26:51 AM
#906   Who is BEA.CA cannot find on Scottrade. carl405040 07/21/18 10:12:44 PM
#905   Thanks for that answer Candy I will keep carl405040 07/21/18 01:18:04 PM
#904   Not really digging right now, just waiting for Candystore 07/21/18 12:44:07 PM
#903   Candystore have you done any recent digging (pardon carl405040 07/21/18 12:22:39 PM
#902   I hope so nite. Stock here hit carl405040 07/19/18 09:12:49 AM
#901   Carl, all is GOOD major press release coming NiteShift 07/18/18 09:13:24 PM
#900   That is very generous Nite, Candystore 07/14/18 02:57:51 AM
#899   I don't normally do this but I sense NiteShift 07/13/18 11:38:11 PM
#898   Your last post on SH put me at carl405040 07/13/18 11:30:53 PM
#897   You want a cake filled with a silver NiteShift 07/13/18 05:51:16 PM
#896   Guess I am making enemies galore again. carl405040 07/13/18 05:10:16 PM
#895   Good one Carl. If you only knew. Lol Enjoy NiteShift 07/05/18 05:38:43 PM
#894   Somebody is giving you some bad info Nite. carl405040 07/05/18 10:20:06 AM
#893   Hope you are correct Nite but this new carl405040 07/04/18 09:55:02 PM
#892   Today's volume included 2 gypsy swaps. Bottom is NiteShift 07/03/18 09:30:04 PM
#891   Does anyone here know how to determine if carl405040 07/03/18 07:19:21 PM
#890   Huge volume in Canada nothing here. Volume carl405040 07/03/18 11:15:10 AM
#889   Great to Hear and interesting for you to carl405040 07/02/18 06:28:43 PM
#888   Carl, even with all the warrants, options and NiteShift 07/02/18 05:36:18 PM
#887   Carl, you worry to much. ALL IS GOOD.. NiteShift 07/02/18 02:58:46 PM
#886   I think with all the warrants, debentures and carl405040 07/02/18 02:47:56 PM
#885   I am so sick of silver's ups and carl405040 07/02/18 11:37:25 AM
#884   If he is thinking of selling as soon carl405040 07/01/18 08:11:35 PM
#883   SH turning positive as well as SHARE PRICE. carl405040 06/29/18 09:16:41 PM
#880   Im glad i make you feel better!! Just dont NiteShift 06/28/18 05:52:52 PM
#878   The 43-101 will bring alot of eyes to NiteShift 06/28/18 05:38:20 PM
#877   Sage is trying but Sage is 60% down carl405040 06/28/18 05:34:23 PM
#876   Hi Carl Big volume was a 500k share gypsy NiteShift 06/28/18 04:40:58 PM
#875   NiteShift WHERE ARE YOU---What is carl405040 06/28/18 04:34:42 PM
#874   Big volume in Canada, might mean something??????? carl405040 06/28/18 04:16:31 PM
#873   It seems to me that the 20 ton carl405040 06/28/18 10:39:00 AM
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