Bayhorse Silver Submits Silver/Copper/Antimony Concentrate Samples From Its Bayhorse Silver Mine To Allihies Engineering For Antimony Leach Testing

Original announcement by tmx on

Company
Bayhorse Silver Inc
Ticker
BHS
Exchange
TSX
Region
Oregon, USA
Primary commodity
Silver
Secondary commodities
Copper, Antimony, Zinc, Gold, Lead
Document categories
Metallurgy, Other
Extracted
2026-09-13 14:51:13 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Bayhorse Silver has submitted flotation concentrate samples from its Bayhorse Silver Mine to Allihies Engineering for proprietary antimony leaching testing. The testing aims to determine if the company's refractory silver-copper-antimony mineralization can be processed more effectively than previous methods, potentially unlocking significant value from critical minerals.

Reasoning: The company is testing a new hydrometallurgical route to address refractory mineralization, which could significantly improve recoveries and economic viability of the silver-copper-antimony project.

Positive factors

  • Potential to unlock value from refractory antimony/silver/copper/zinc mineralization
  • Proprietary leaching technology (ASL) shows high extraction rates (99% Sb) in similar deposits
  • Strategic/critical mineral status for all target metals in the US
  • Potential to significantly improve historical cost-benefit calculations

Negative factors

  • Mineralization is refractory in nature, presenting processing challenges
  • Metallurgical testing is currently in the sample submission stage, results are not yet confirmed for this specific site
  • Refractory processing typically requires higher energy inputs

Facts used in scoring: 4

Classification and evidence

Refractory Orenegative

Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: The document explicitly states the dominant mineralization is refractory in nature.

Evidence · text

“The dominant Bayhorse mineralization is primarily tetrahedrite... and is refractory in nature.”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The company mentions a permitted mill in Payette, Idaho and standard flotation processing.

Evidence · text

“to ship to our permitted Mill in Payette, Idaho... and standard flotation processing facility”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Metallurgical Results (4)

Fact 1silverRecovery: 86.7 %Head Grade: 985Head Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
BHS

Test Work

Sample
2020 Ore-Sorter select sample

Recovery

Recovery
86.7 %
Head Grade
985
Head Grade Unit
g/t
Conc. Grade
9700
Conc. Grade Unit
g/t

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2020-01-01T00:00:00.000Z

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: Historical metallurgical test result from 2020 showing high silver recovery.

Positive factors

  • High head grade and concentrate grade

Evidence · text

“In 2020, the Company conducted a metallurgical test on a 200 kg mined sample... head grade of 985 g/t (28.8 oz/t) silver... silver/copper concentrate recoveries of 86.7%, resulting in a silver grade of 9,700 g/t”
Fact 2copperRecovery: 86.7 %Head Grade: 1.16Head Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
copper
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
BHS

Test Work

Sample
2020 Ore-Sorter select sample

Recovery

Recovery
86.7 %
Head Grade
1.16
Head Grade Unit
%
Conc. Grade
10
Conc. Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2020-01-01T00:00:00.000Z

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: Historical metallurgical test result from 2020 showing copper recovery.

Positive factors

  • High concentrate grade

Evidence · text

“head grade of 985 g/t (28.8 oz/t) silver, 1.16% copper... silver/copper concentrate recoveries of 86.7%, resulting in... 10% copper”
Fact 3zincHead Grade: 1.87Head Grade Unit: %Historical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
zinc
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
BHS

Test Work

Sample
2020 Ore-Sorter select sample

Recovery

Head Grade
1.87
Head Grade Unit
%
Conc. Grade
18
Conc. Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2020-01-01T00:00:00.000Z

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: Historical metallurgical test result from 2020 showing zinc in concentrate.

Positive factors

  • High concentrate grade

Evidence · text

“1.87% zinc... resulting in... 18% zinc”
Fact 4antimonyHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
antimony
Region
oregon, usa
Reported Region
Oregon, USA
Ticker
BHS

Test Work

Sample
2020 Ore-Sorter select sample

Recovery

Conc. Grade
12
Conc. Grade Unit
%

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2020-01-01T00:00:00.000Z

Dates

Event date
2025-10-16T00:00:00.000Z

Reasoning: Historical metallurgical test result from 2020 showing antimony in concentrate.

Positive factors

  • Significant antimony content in concentrate

Evidence · text

“1.87% zinc, The testing achieved silver/copper concentrate recoveries of 86.7%, resulting in... 12% antimony.”

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.