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Bayhorse Silver Inc. (KXPLF)

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Last Post: 6/22/2018 1:09:31 PM - Followers: 12 - Board type: Free - Posts Today: 2

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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#859   I'm hanging. carl405040 06/22/18 01:09:31 PM
#858   Carl, your in good shape. Dont let today's NiteShift 06/22/18 11:46:35 AM
#857   Be great if we could get that news carl405040 06/21/18 08:52:32 PM
#856   Canadian share 10k atm. Candystore 06/21/18 10:48:45 AM
#855   A lousy 1,000 share buy and the cheapskate carl405040 06/21/18 10:40:08 AM
#854   Yeah I'm waiting anyway atm. Candystore 06/20/18 12:42:33 PM
#853   Would not buy now. There are people carl405040 06/20/18 12:39:03 PM
#852   If It drops more I'm buying with both Candystore 06/20/18 11:16:38 AM
#851   Really need Gman to step up to the carl405040 06/20/18 10:44:25 AM
#850   Be nice if they got that leeching data carl405040 06/19/18 09:35:53 PM
#849   The mining sector is not sexy...for now. Candystore 06/18/18 04:34:06 PM
#848   I think we have to finally begin to carl405040 06/18/18 04:17:49 PM
#847   Never thought I would see .10 a share carl405040 06/18/18 03:25:53 PM
#846   You are right, he could put more effort Candystore 06/18/18 01:56:49 PM
#845   Sure wish Gman would do something to invigorate carl405040 06/18/18 12:25:45 PM
#844   We are awaiting the results. Candystore 06/17/18 04:03:51 PM
#843   Getting a confirmation at present to determine if carl405040 06/17/18 02:16:11 PM
#842   What we need is a solid uptrend in Candystore 06/17/18 05:43:14 AM
#841   Not a good idea in my opinion to NiteShift 06/16/18 12:50:42 PM
#840   Thinking of selling1/2 my holdings and moving that carl405040 06/16/18 10:08:37 AM
#839   I couldn't agree more as I feel the NiteShift 06/15/18 11:42:19 AM
#838   I am so tired of watching silver go carl405040 06/15/18 09:58:16 AM
#837   One thing that can be said in defense carl405040 06/13/18 09:12:40 PM
#836   Stock selling off a little but SILVER keeps carl405040 06/13/18 04:11:14 PM
#835   Trying to wake this board up but appears carl405040 06/12/18 11:01:54 AM
#834   Carl, don't be so hard on yourself I NiteShift 06/09/18 01:22:35 PM
#833   Should say sorry to you as well just carl405040 06/09/18 01:18:50 PM
#832   Well said Sage from SH. We will all NiteShift 06/09/18 11:59:24 AM
#831   Posters have sort of forgotten this site. carl405040 06/09/18 12:32:55 AM
#830   March 15, 2018) - Bayhorse Silver Inc. (TSXV: Candystore 04/02/18 07:11:28 AM
#829   https://www.youtube.com/watch?v=VvAH55Nlq8A Candystore 04/02/18 07:08:22 AM
#828   Good stock to own. Candystore 03/20/18 02:00:33 PM
#827   carl405040 03/11/18 02:21:33 PM
#826   Carl, not many (if any) will join your NiteShift 01/29/18 09:16:50 PM
#825   Well all the positive energy going into the corky2 01/26/18 10:26:51 AM
#824   Stockhouse is down again, worthless. Very sad carl405040 01/22/18 02:02:32 PM
#823   This will be an important week. With everything corky2 01/21/18 09:53:15 PM
#822   Cannot access Stockhouse so I guess they are carl405040 01/18/18 02:03:25 PM
#821   You ain't seen anything yet Cowboy!!! NiteShift 01/08/18 02:05:05 PM
#820   Well, she looks to be finally waking up. corky2 01/08/18 11:39:48 AM
#819   Looking very good for this coming week!! NiteShift 01/06/18 01:58:26 PM
#818   More big lots this afternoon. Volume is on corky2 01/05/18 03:50:25 PM
#817   Aways a good sign to see a huge NiteShift 01/04/18 11:05:31 PM
#816   I live in the US. I'm all saddled corky2 01/04/18 10:56:00 PM
#815   Hi Corky Your are ABSOLUTELY right about Bayhorse exploding NiteShift 01/04/18 01:32:56 AM
#814   I think it's getting ready to erupt. I corky2 01/04/18 12:44:45 AM
#813   When you compare BHS to other producing silver NiteShift 12/20/17 08:59:22 AM
#812   What can a stock like this rise to? Floridahockey 12/15/17 06:25:13 PM
#811   Still around Greenfield. Time is almost up!!! carl405040 11/05/17 02:53:20 PM
#810   Carl, you worry to much. If you can't NiteShift 10/26/17 08:03:28 PM
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