Significant Mag VTEM Survey Results On Bayhorse Property

Significant Mag VTEM Survey Results On Bayhorse Property

VANCOUVER – Bayhorse Silver Inc. reported Strong Mag results from the recently completed Geotech Ltd. helicopter-borne VTEM and Horizontal Magnetic Gradiometer Geophysical Survey over its Bayhorse Silver Mine Property in Oregon and Idaho. The Company is pleased to report the presence of three significant magnetic anomalies, within an area 1.8 km by 1.2 km (1.13 miles by 0.75 miles) in the northern section of the property from where the “Low Resistivity” signatures were announced in the southeast section of the Idaho property ( BHS2024-05).

There are possibly two different mineralized targets on the newly acquired Idaho claims. A Bayhorse Mine style silver rich massive sulphide target related to the strong magnetic signatures and a possibly Hercules Silver-type copper porphyry target marked by the strong minimal Resistivity results.

CEO, Graeme O’Neill, said, “The large significant magnetic anomalies in the north of the Idaho property, may significantly increase the discovery potential of additional Bayhorse style silver rich mineralization such as is present at the Bayhorse Silver Mine, as well as a copper porphyry deposit as found at Hercules Silver property, 44 km to the north in similar geological terrain.”

Due to the historic reported gold grades of up to 10 g/t at the Bayhorse Mine, (Silver King Mines, 1984) and presence of high grade gold properties in close proximity to the Bayhorse Mine (Gleason, 8 km to the west, Connor Creek, 6 km to the north) the Company’s senior geological consultants believe it possible that the silver-rich Bayhorse Mine epithermal mineralization may be underlain by a gold-rich zone.