Bayhorse Silver - XRF Analysis of Bayhorse Silver Mine Flotation Concentrate Samples Shows Significant Contained Silver/Copper/Antimony/Zinc

Original announcement by tmx on

Company
Bayhorse Silver Inc
Ticker
BHS
Exchange
TSX
Region
Oregon, USA
Primary commodity
Silver
Secondary commodities
Copper, Antimony, Zinc, Lead
Document categories
Metallurgy
Extracted
2026-09-13 14:52:30 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Bayhorse Silver conducted XRF field analysis on flotation concentrate samples from its Oregon mine, showing high grades of silver, copper, antimony, and zinc. The company is sending samples to Allihies Engineering for proprietary antimony leaching tests to evaluate potential pilot-scale processing.

Reasoning: XRF analysis of flotation concentrate shows high grades for Ag, Cu, Sb, and Zn, though results are unconfirmed by lab and the XRF unit was uncalibrated. The ore is noted as refractory.

Positive factors

  • High grade concentrate results
  • Potential for proprietary antimony leaching technology

Negative factors

  • XRF results unconfirmed by lab
  • XRF unit not recently calibrated
  • Refractory ore complexity
  • Samples not representative of run-of-mine material

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 5

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

“is refractory in nature”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The analysis was conducted using a field XRF unit on a 6.5kg sample, which is screening-level/preliminary.

Evidence · text

“field tested using the Company's Sci-Aps "X" series X-Ray Flourescence Unit ("XRF")”

Mill Routeneutral

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

Why it applies: the document describes a flotation route ("flotation")

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: 5. Some facts used in scoring do not have a stored record.

Metallurgical Results (5)

Fact 1silverHead Grade: 135Head Grade Unit: oz/tView all details
Link to this fact

Identity

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

Test Work

Sample
Average XRF field analysis of flotation concentrate samples

Recovery

Head Grade
135
Head Grade Unit
oz/t

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: Average XRF grade of 135 oz/t Ag in concentrate.

Positive factors

  • High grade intercept

Negative factors

  • Unconfirmed by lab
  • Uncalibrated XRF

Evidence · table

“135”

Context: 231

Fact 2copperHead Grade: 20.6Head Grade Unit: %View all details
Link to this fact

Identity

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

Test Work

Sample
Average XRF field analysis of flotation concentrate samples

Recovery

Head Grade
20.6
Head Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: Average XRF grade of 20.6% Cu in concentrate.

Positive factors

  • High grade concentrate

Negative factors

  • Unconfirmed by lab

Evidence · table

“20.6%”

Context: 135

Fact 3antimonyHead Grade: 19.5Head Grade Unit: %View all details
Link to this fact

Identity

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

Test Work

Sample
Average XRF field analysis of flotation concentrate samples

Recovery

Head Grade
19.5
Head Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: Average XRF grade of 19.5% Sb in concentrate.

Positive factors

  • High grade concentrate

Negative factors

  • Unconfirmed by lab

Evidence · table

“19.5%”

Context: 20.6%

Fact 4zincHead Grade: 40.3Head Grade Unit: %View all details
Link to this fact

Identity

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

Test Work

Sample
Average XRF field analysis of flotation concentrate samples

Recovery

Head Grade
40.3
Head Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: Average XRF grade of 40.3% Zn in concentrate.

Positive factors

  • High grade concentrate

Negative factors

  • Unconfirmed by lab

Evidence · table

“40.3%”

Context: 19.5%

Fact 5leadHead Grade: 1.6Head Grade Unit: %View all details
Link to this fact

Identity

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

Test Work

Sample
Average XRF field analysis of flotation concentrate samples

Recovery

Head Grade
1.6
Head Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-20T00:00:00.000Z

Reasoning: Average XRF grade of 1.6% Pb in concentrate.

Negative factors

  • Unconfirmed by lab

Evidence · table

“1.6%”

Context: 40.3%

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.