Newly Identified IP Target Drilling Commences

VANCOUVER - Bayhorse Silver Inc, has commenced drilling operations on a newly identified, readily accessible, IP target 78 m (257 ft) to the immediate east of and 57 m (188 ft) below the previously mined historic Sunshine high grade silver stope. The first drill hole is planned to be up to 60 meters long (198 ft) and is expected to intersect the IP anomaly at a downhole depth of 25 m (83 ft). The IP target is estimated to be similar in size to the historic Sunshine, Junction and Big Dog stopes, where approximately 25,000 tons of direct shipping grade silver mineralization was mined from each and shipped by rail to the historic Tacoma smelter.

Significant volumes of sulfosalts containing high grade silver, up to 240 ounces per ton, along with the critical minerals, copper, antimony and zinc, were mined from these three stopes. Silver, copper, antimony and zinc mineralization both in the form of dark grey "massive" sulfosalts has been identified when repairing the collapse of the roof in main haulage way underneath the Junction stope, and in veins and stockworks west of the Big Dog stope over a strike length of between 130 - 150 m (427 - 495 ft) (National Instrument 43-101 inferred resource of 6.3 m ounces of silver at a grade of 21.65 opt (673 g/t).

The Sunshine, Junction, and Big Dog stopes which extend over a strike length of 160 m (528 ft), were up to 10 m (33 ft) wide, between 7 – 9 m (23 – 30 ft) in height, and up to 38 m (125 ft) in length.