Bayhorse Silver Mobilizes Diamond Drill To The Bayhorse Silver Mine For A Minimum 2,000 Meter Underground Drill Program

Original announcement by tmx on

Company
Bayhorse Silver Inc
Ticker
BHS
Exchange
TSX
Region
Oregon, USA
Primary commodity
Silver
Secondary commodities
Copper
Document categories
Drill results, Other
Extracted
2026-09-13 14:45:21 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Bayhorse Silver has mobilized a diamond drill rig for a 2,000-meter underground drilling program at the Bayhorse Silver Mine in Oregon. The program targets several IP anomalies (CR-1, CR-2, CR-3, MR-1, and Deep-1) to test for silver mineralization extension above and below current mine workings.

Reasoning: The company is mobilizing a larger-than-planned underground drill program to test new IP anomalies that suggest significant silver mineralization extension.

Positive factors

  • Expansion of drill program from 1,000m to 2,000m
  • New IP targets identified (CR-1, CR-2, CR-3, MR-1, Deep-1) suggesting vertical and lateral extent
  • High-grade silver intersection in groundwater test well (1,104 g/t)
  • Targeting potential resource upgrade from inferred to indicated

Facts used in scoring: 2

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling targets IP anomalies that extend above and below current mine workings and east/west of the inferred resource boundary.

Evidence · text

“indicates the strong possibility of silver bearing mineralized material with vertical extent both above and below the current mine workings”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release mentions a Qualified Person (Mark Abrams, AIPG) has prepared and approved the technical content.

Evidence · text

“Mark Abrams, AIPG, a Qualified Person and Director of the Company has prepared, supervised the preparation of, or approved the technical content”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

MW2Bayhorse Silver Mine · silverGrade: 1104Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
MW2
Project
Bayhorse Silver Mine
Commodity
silver
Region
oregon, usa
Reported Region
oregon, usa
Ticker
BHS

Geometry

Grade
1104
Grade Unit
g/t
Intercept
1.5 m
From
22 m
To
33.5 m
Intercept Depth
22 m

Classification

Sample Type
drill
Group ID
MW2:22-33.5

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-11T00:00:00.000Z

Reasoning: Very high grade silver intercept in a groundwater test well.

Positive factors

  • High grade intercept

Evidence · text

“1.5 m (5 ft) grading an average of 1,104 g/t (35.46 opt) silver”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

MW2Bayhorse Silver Mine · silverGrade: 770Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
MW2
Project
Bayhorse Silver Mine
Commodity
silver
Region
oregon, usa
Reported Region
oregon, usa
Ticker
BHS

Geometry

Grade
770
Grade Unit
g/t
Intercept
1.5 m
From
22 m
To
33.5 m
Intercept Depth
22 m

Classification

Sample Type
drill
Group ID
MW2:22-33.5

QA/QC

QA/QC Methods
standards

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-03-11T00:00:00.000Z

Reasoning: High grade silver intercept in a groundwater test well.

Positive factors

  • High grade intercept

Evidence · text

“1.5 m (5 ft) averaging 770 g/t (23.12 opt) silver”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.