Bayhorse's potential?Am I simply imagining something here or would Bayhorse not be turn out to be one of the biggest silver mines ever if the geologists' conceptual model was correct? The one on page 11 of the Investor's Presentation?
https://bayhorsesilver.com/wp-content/uploads/2021/03/Bayhorse-Investor-Presentation-February-2021.pdf
This is our inferred resource right now: "292,300 tons, 21.65 opt Ag grade, 6,328,400 oz of silver, cut-off grade 7.5 oz/t. Mineralized silver zone hosted in rhyolite with dimensions approximately 800 ft (245 m) along strike east-west, 200 ft (60 m) across strike and 23 ft (7 m) in thickness."
Again Herdrick 1981 said that the ore-body was "85 feet wide, 30 feet thick, 840 feet in length."
The conceptual model supposes a "2000-foot extension strike target to the West" (and Graeme in the 2018 Morgan interview + the Fundamental Research support suggest they really believe it might be 3000 feet or more if I'm not mistaken). Along with "POSSIBLE EXTENSION TO DEPTH" of 1000 feet. And even an extension to width of 200 feet.
The Legend Zone discovery has already increased the thickness from 23 feet to 70 feet, hasn't it?
Is there any way to estimate what the tonnage would be if these numbers from the conceptual model turned out to be correct? Even if the grade didn't go up, which the geologists also think will happen? I'm simply an amateur speculator so can't answer this question but considering the implications should there be considerable extension to depth seems absolutely insane.
By the way, I found a link to the Fundamental Research report from 2018 here: https://www.baystreet.ca/articles/research_reports/fundamental_research/Bayhorse-Initiating.pdf. At a 3000-foot strike, they suppose a tonnage of 1.5 million for a total of 22.5 million silver ounces (Ag, not simply AgEq as far as I can see: Not including gold, copper, zinc, scandium, antimony. Apparently the gold alone might reach 10 gpt.) But they estimate this tonnage on the basis of a thickness of only 70 feet--they don't consider the idea that the thickness might be increased as well. Also, they don't take into consideration that both past and present geologists think that the grade will go up substantially (cf. W. C. Fellows in 1923 with his "40 oz/t at least" speculation, as well as "up to 350 oz/t Ag Big Dog Zone" in the Investor's Presentation along with what Graeme says in the 2018 Morgan interview https://www.youtube.com/watch?v=8iJ30m-Z8LE "The geologists think the grades might even get better.").