Bayhorse Silver Inc V.BHS

Raw Material to Concentrate Ratio

[HurricaneAmanda]

Henrich, you're saying 150 tons of raw material yields 10 tons of concentrate. I'm just asking, where did you get that 15-to-1 ratio? Where does that come from?

[Henrich428]

The ratio of 150 tpd raw material fed into the ore-sorter to the 10 tpd silver produced has to do with the roughly 95% rejection-rate of the ore-sorter.  An 87% rejection rate was reported as early as 2017: https://bayhorsesilver.com/ore-sorting-results-establishes-2-5-ozt-cut-off-grade-silver-upgrade-of-275-rejects-86-mass/ And in this 3rd March 2020 news release, Bayhorse mention a

[Henrich428]

Just realised that the August 2020 NR would have been the best one to select with respect to rejection rate, since that's the latest one: https://ceo.ca/@newsfile/bayhorse-recomences-operation-at-its-relocated-silver It states there that "The highly selective Ore-Sorter selects 5% - 7% of the mineralization and rejects everything under a Specific Gravity (SG) of 2.8, or 93% to 95% of

[sage4050]

Whatever you say 423.