# Bayhorse Silver Reports Significant IP Results from Its Pegasus, Idaho, Porphyry Copper Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/bayhorse-silver-reports-significant-ip-results-from-its-pegasus-idaho-porphyry-c--132813ec-ab0f-48e2-9b4c-8937923167e6

Original source: https://money.tmx.com/en/quote/BHS/news/5046945456059930/bayhorse-silver-reports-significant-ip-results-from-its-pegasus-idaho-porphyry-c

Publisher: tmx

Original announcement: 2026-02-05T01:37:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Bayhorse Silver Inc

- Ticker: BHS

- Exchange: TSX

- Region: Idaho

- Primary commodity: Copper

- Secondary commodities: Silver, Gold, Antimony, Zinc

- Document categories: Resource update, Other

- Extracted: 2026-09-13 14:45:34 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Bayhorse Silver has announced significant IP survey results from its Pegasus Porphyry Copper Project in Idaho. The survey identified high chargeability and low resistivity targets in the southern half of the property that are geophysically analogous to the nearby Bayhorse Mine.

Reasoning: The announcement reports successful IP/AMT geophysical survey results that identify potential targets for future drilling at the Pegasus project.

- Positive factor: Geophysical anomalies \(high chargeability, low resistivity\) identified

- Positive factor: Targets analogous to known mineralized response at Bayhorse Mine

- Positive factor: Proximity to Hercules Metals porphyry copper discovery

- Negative factor: Results are geophysical/indirect, not direct assay intercepts

Facts used in scoring: 1

## Classification and evidence

**Nearology Play**

Polarity: neutral

Story-specific tag

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The project is positioned as an eastward extension of the Bayhorse Mine and is 44 km from the Hercules Metals porphyry copper discovery.

Evidence · text

> This anomaly may mark an eastward extension of the Bayhorse Mine silver-rich mineralization

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Resource Estimates (1)

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/bayhorse-silver-reports-significant-ip-results-from-its-pegasus-idaho-porphyry-c--132813ec-ab0f-48e2-9b4c-8937923167e6#fact-resource-facts-0)

Bayhorse Silver Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Bayhorse Silver Mine
- Commodity: silver
- Region: oregon
- Reported Region: Oregon
- Ticker: BHS

#### Resource scope

- Estimate type: resource
- Resource group id: resource:0ec54061e9a13325ecf0
- Resource basis: attributable

#### Resource Data

- Category: inferred
- Tonnes: 292300
- Grade: 673
- Grade Unit: g/t
- Contained Metal: 6.3
- Contained Unit: moz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-02-05T00:00:00.000Z

Reasoning: Historical resource mention provided for context.

Evidence · text

> National Instrument 43-101 inferred resource of 292,300 tons at a grade of 21.65 opt \(673 g/t\) for 6.3 million ounces of silver. \(Turner et al. 2018\)

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Estimate**

Polarity: negative

Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 8.1 years before this release

## 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.