Bayhorse Silver Inc V.BHS

Drilling in the mine

[Beritt]

@ Greede & The Captain It is a very good sign that the exploration drilling has been going on since the beginning of the year and will probably continue for some time. Why? Because you only stop drilling when you are absolutely sure that you have recorded all of the ore that is in the relevant section of the mine. And then you publish the results of the analyzes, not sooner. So there is a lot more silver in the mine than 6 million ounces. It also fits in with the fact that Steinert has uploaded new software to the sorter that enables the sorter to operate with an input capacity of 40 t / h of ore. And this ominous new flotation system with an input capacity of 75 t / d of sorter concentrate, which is completely oversized for the current capacity of the mine. At nominal output and 300 operating days, the new flotation plant has the capacity to produce 4.5 million ounces of silver in the form of silver concentrate. And that with 6 million ounces of silver in the mine? Then the mine will be exhausted in 2 years! G is apparently rebuilding the facility to take full advantage of the 15,000 t / y approved ore that can leave the mine property. The 15,000 tons of ore mean 3 million ounces of silver. With a lifespan of 10 years that would mean there are 30 million ounces in the mine. But in my opinion even more. These are my thoughts on exploration drilling. Comments?

[wanderer9641]

One only needs to look at the presentation and start matching tonnage - then realize that is only 1 of the zones - My guess is 30 million will just be a way point on the way to more - My mental math not supported by drill bit is maybe 400 million but I am an optimist. Snowstorm and the rest of the upper ridge is waiting for us.

[sage4050]

Have to admit, great fun to read.  Would like a comment by 428 but I guess he figures he has provided enough info.

[Greede]

Spot on, excellent contribution. Thank you.