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Bayhorse Silver Inc V.BHS

Alternate Symbol(s):  BHSIF

Bayhorse Silver Inc. is a junior natural resource company, which is engaged in the acquisition, exploration and development of natural resource properties. The Company has a 100% interest in the Bayhorse Silver Mine, Oregon United States of America. The Bayhorse Silver Mine and the Pegasus Project are 44 kilometers (km) southwest of Hercules Metals’ porphyry copper discovery. The Company also has an option to acquire an 80% interest in the Brandywine Property located in British Columbia, Canada. The Brandywine Property is located near Squamish, British Columbia.


TSXV:BHS - Post by User

Comment by Henrich428on Aug 26, 2021 8:43pm
140 Views
Post# 33774250

RE:Henrich are you wrong?

RE:Henrich are you wrong?Do you understand that the average grade of the ore-body is 21.65 oz/t silver?

Do you understand that the average grade of a ton of concentrate (as stipulated in the Ocean contract) is 10,000 gpt or 321 ounces a-ton silver? (Assays really put it at ~15,000-20,000 gpt silver).

Do you want to explain how 30,000 tons of ore at a 21.65 oz/t average grade (so 650,000 ounces of silver) could magically get reduced to 300 tons of concentrate containing a mere 100,000 ounces of silver? Where did the other 550,000 ounces go?

That press-release does not imply that you need 30,000 tons of ore to produce 300 tons of concentrate, it simply says that 30,000 tons of ore have been "blocked out" and that one purpose of doing so is to complete the initial Ocean deal. 
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