Welcome to our dedicated page for Bayhorse Silver news (Ticker: BHSIF), a resource for investors and traders seeking the latest updates and insights on Bayhorse Silver stock.
Bayhorse Silver Inc. reports exploration and development activity centered on the Bayhorse Silver Mine in Oregon and the adjacent Pegasus porphyry copper project in Idaho. Company updates commonly cover IP and AMT geophysical surveys, underground diamond drilling targets, NI 43-101 resource work, and metallurgical bulk samples from silver, antimony, copper, and zinc mineralization.
Recurring news also addresses mine operating-permit support work, groundwater and geochemical studies, ore sorting and flotation processing at the company's Payette mill, and capital actions such as warrant exercise programs. The coverage reflects a mineral issuer focused on resource definition, processing data, and project development disclosures.
Bayhorse Silver has started drilling three groundwater test wells at its Bayhorse Silver Mine in Oregon, USA. These wells, two of 150 feet and one of 750 feet, are part of the baseline studies needed for obtaining a full Mine Operating Permit. The drilling, directed by HDR Engineering and approved by Oregon's Department of Geological and Mineral Industries, is expected to finish by early July. CEO Graeme O'Neill noted that the approval took a year, and the company is now in the final stages of its permit application to resume mining operations.
Bayhorse Silver (TSXV: BHS, OTCQB: BHSIF, FSE: 7KXN) has received approval for a 10,000 ft diamond drill program at its Pegasus Project in Idaho. The program targets a large low resistivity anomaly identified in a recent VTEM survey, potentially indicating an intrusive mass. The initial phase involves five drill holes, each up to 1800 ft deep, starting at 330 ft below the surface. The anomaly spans over a mile and extends beyond the VTEM survey area. CEO Graeme O'Neill emphasized the importance of timely permitting to leverage the favorable summer drilling season.
Bayhorse Silver announced significant results from its recent short hole diamond drilling campaign at the Bayhorse Silver Mine in Oregon. A new mineralized zone ranging from 1 to 4.5 meters in width has been identified. Highlights include assay results from drill holes DDH BDD104, BDD105, and BDD103, with notable silver and copper concentrations. For instance, DDH BDD104 reported 34.28 oz/t silver and 1.85% copper over 0.3 meters. The drilling program was shortened due to new exploration activities on newly acquired ground in Idaho. The company plans further underground drilling to explore mineralization depth extensions. Additionally, Bayhorse granted 4.6 million stock options exercisable at $0.10 per share to its team.
Bayhorse Silver updates on its Pegasus Project in Idaho. A helicopter survey is underway to assess drill targets and routes, aiming for a 3,000-meter diamond drill program by mid-Q3. Preliminary mapping shows significant fault offsets and rhyolite-associated mineralization. Surface sampling started in mid-April, revealing visible copper. Pegasus Project comprises 123 claims near the Bayhorse Silver Mine in Oregon, sharing geological features with Hercules Silver's discovery. Barrick Gold has staked nearby.
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