Bayhorse Silver Inc (BHSIF)

[Mr. Zen]

As disclosed in the Company's National Instrument-43-101 Technical Report on the Bayhorse Silver Mine dated February, 2014, Melvin A. Herdrick, Consulting Geologist, estimated probable tonnages on the main orebody, based upon geology, to be as follows.
"Upper level, 329 ft long x 80 ft wide and 22 ft thick to be 50,688 tons
Intermediate level, 200 ft long x 85 ft wide x 22 ft thick to be 33,660 tons
West projection to fault, 525 ft long x 85 ft wide and 22 ft thick to be 88,360 tons
Less 6,500 tons mined -6,500 tons
Total probable ore at 7.5 oz/t cut off at 17-20 ox Ag/t 166,208 tons"

In his conclusions Herdrick (1981) stated "because mineralization is controlled by stratigraphy, close proximity to the fold axis, and coincidence with the Sunshine fault near mineralization, continuity of mineralization is projected to extend more than 600 ft westerly, beyond the previous exposure within the mine. Herdrick further stated "Previous exposures verify that more than 400 ft of ore strike length is exposed from the upper level through the intermediate level. Projections of ore tonnages in the main ore body, based upon geology, yield a probable tonnage of 160,000 tons within the 7.5 ounce cut off, having a grade of approximately 17 to 20 oz Ag/ton."

Read more at http://www.stockhouse.com/news/press-releases/2015/09/10/bayhorse-silver-clarifies-technical-disclosure-in-its-recent-news-release#VqX1uUG0tFMmvKtx.99