Bayhorse Silver Updates Underground Operations, Bayhorse Silver Mine, Oregon, USA
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 22, 2015) - Bayhorse Silver Inc. (TSX VENTURE:BHS)(FRANKFURT:7KXN) (the "Company" or "Bayhorse") reports on the first two weeks of underground work at its Bayhorse Silver Mine in east-central Oregon, USA.
Mining contractor, American Mining and Tunneling ("AMT") of Elko, Nevada has completed nearly three quarters of scheduled underground safety work. AMT have scaled, bolted and screened the first 270 ft of the roof within the 370 ft long adit, and is installing the ventilation system to the Intermediate Level workings.
The Company has created a digital, 3-Dimensional, rotatable presentation of all the underground workings. This presentation can be viewed on the Company's website at: http://www.bayhorsesilver.com/PDF/BayhorseInteractive3D.pdf
The underground plans and comprehensive detailed maps were acquired from Dr. A. Wallace, P.Geol, who is a highly recognized exploration geologist and is the principal of Cordex Exploration of Reno, Nevada. These substantial records have been under the care and custody of Cordex since the work was conducted by Dr. Wallace.
The 3-Dimensional (3D) representations will be used by AMT in planning the next phase of work. They will also be used by Apex Geoscience, who will conduct a laser scan of the underground workings to confirm the accuracy of the records and to accurately locate the drill holes conducted by Silver King Mines during its 1984 mining program.
An array of highly experienced geological and engineering consultants is assisting the Company in its work at the historic Bayhorse Silver Mine. The team includes Dr. Clay Conway, P.Geol, Dr. Stewart A Jackson, P.Geo., Dr. G. E. Ray, P.Geol, (Independent) Dr. Richard Jolk, P.Eng. Metallurgy, Apex Geoscience (Independent. M. Dufresne M.Sc. P.Geol) as well as Sacre-Davey Engineering and Metsolve Metallurgical Labs
Bayhorse Silver Inc. is a junior exploration company that is earning an 80% interest in the historic Bayhorse Silver Mine, Oregon, USA. It also holds a 100% interest in the Alexander River high grade New Zealand gold prospect, in the prolific West Coast South Island gold fields of New Zealand.
Bayhorse has also entered into a Farm-In Agreement with Saturn Minerals to acquire a 25% interest in the Little Swan oil project, Saskatchewan, Canada. Additionally the Company has retained a 30% Net Profit Interest in the Flagstaff barite mine in Washington State, USA. The Company has an experienced management and technical team with extensive exploration expertise.
This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its contents.
The technical content of this press release has been approved by Dr. S. A. Jackson, PGeo., a Qualified Person and Technical Advisor to the Company
On Behalf of the Board
Graeme O'Neill, President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
