Significant IP Results From Bayhorse Silver Mine

VANCOUVER – Bayhorse Silver Inc. reported on IP Survey results over its Bayhorse Silver Mine Property, Oregon. BHS2026-03 where three localized low-resistivity features CR1, CR2 and CR3 have been identified adjacent to lineament LR1. These features are laterally confined and exhibit limited vertical extent.
Bayhorse CEO Graeme O’Neill, said, “We are very pleased that the additional IP layers and analysis indicate the strong possibility of mineralized material both above and below the current mine workings over 300m (1000 feet) of vertical extent. They are allowing us to develop a new three dimensional model of the geological structures surrounding the Bayhorse Mine and our increased drilling objective is to further refine our understanding of the extent, structure and mineralization of the Bayhorse silver endowment and to increase inferred ounces to our National Instrument 43-101 Mineral Resource Estimate of 292,300 tons at a grade of 21.65 opt (673 g/t) for 6.3 million ounces of silver and to determine whether inferred ounces can be brought to an indicated category.”
While the upper portion of CR1 coincides with the historic and current underground mine workings including the Big Dog and Goldilocks mineralized zones that will be initially targeted for mining operations upon receipt of the Operating Permit, the analysis shows the low-resistivity features extend at least 840 m (2755 ft) above sea level (“ASL”) and 97 m (320 ft ) above the current mine workings at the main portal level of 707 m (2320 ft) and extending down to 200 m (656 ft) below the main portal and 507 m (1663 ft) above sea level as shown below in figures 1 (above current planned mining level), 2 (current planned mining level) and 3 (below current planned mining level).
CR-2 lies approximately 200 m (656 ft) southeast of CR1 and is smaller in size. Both CR1 and CR2 occur beneath a shallow resistive (pink) layer. CR3, located near the northwestern end of LR1, is elongated north-south and dips slightly west; its geometry is less well constrained due to proximity to the grid edge.