Vancouver, British Columbia--(Newsfile Corp. - September 8, 2016) - Bayhorse Silver (TSXV: BHS) reported that using Dense Media
Separation on a 300 pound sample of material from the Bayhorse Silver Mine in Oregon, increased the silver values by a factor of
8.
The material was processed by Met-Solve Labs, which utilizes a dense medium to separate minerals based on specific
gravity. Dense Media Separation is typically used in a pre-concentration duty, prior to processing or milling, to reject barren
material and reduce downstream CAPEX and OPEX costs.
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With Bayhorse Silver's material, Met-Solve used a heavy media of 2.75 specific gravity, which resulted in the rejection of
approximately 90.9% of the material in the float fraction. This created a concentrated sink fraction of 9.1% of the material that
contained 1,072 grams per tonne or 31.1 ounces per ton silver, 5.63% copper and 4.67% zinc. The head grade of the sample was 134.8
grams per tonne or 3.9 ounces per ton silver.
240 pounds of mineralized fines material was crushed separately to determine potential additional silver recovery from material
rejected during the DMS process. Management was encouraged that another 10.1 pounds or 4.6 kilograms, representing 4.2% of the
fines were recovered, which graded 3,349 grams per tonne or 97.4 ounces per ton, along with grades of 200 pounds per ton copper and
117 pounds per ton zinc.
This demonstrates that fines generated from crushing the DMS material, and from DMS float rejects can be gravity processed for
additional metals recovery utilizing a Wilfley table, resulting in two products, a direct shipping mineralized material and a high
grade mineralized material.
Graeme O'Neill, President & CEO, stated: "The company's geological consultants have advised that with the excellent Dense
Media Separation and other gravity results, the company should target the much larger tonnage at the lower cutoff grade as
estimated by Herdrick (1981), where using a 3.5 ounces per ton silver cutoff, remaining shipping mineralized material was estimated
to be 577,000 tons and using a 7.5 ounces per ton silver cutoff, 166,208 tons, at an average grade of between 17 and 20 ounces per
ton."
Bayhorse is earning an 80% interest in the historic Bayhorse Silver mine in Oregon, and a 75% interest in the past producing
Bridging the Gap Project inIdaho's Silver Valley.
Earlier this year, Graeme O'Neill was interviewed by noted silver expert David Morgan, publisher of The Morgan Report. To view
the video interview visit www.investmentpitch.com and enter Bayhorse in the search
box.
The shares are trading at $0.22 and with 32.7 million shares outstanding, the company is capitalized at $7.2 million.
For more information, please visit the company's website www.bayhorsesilver.com,
contact Graeme O'Neill, President and CEO, at 604-684-3394 or email company@bayhorsesilver.com.
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