Burnaby, British Columbia--(Newsfile Corp. - April 24, 2017) - Bayhorse Silver Inc. (TSXV: BHS) (the "Company" or
"Bayhorse") has shipped approximately 3,000 kilos (6,600lb) of crushed mineralization to Steinert US to refine the Ore-Sorting
equipment algorithm settings to ensure maximum separation of mineralized from non-mineralized material. By removing non-mineralized
material from the process stream before final upgrading, substantial cost savings can be achieved in the crushing operations.
The Company is ready to recommence underground operations to extract up to 10,000 tons of mineralized material from the Bayhorse
Silver Mine. A highly experienced mining team is currently preparing the mine site for this work. The Company is continuing
crushing and upgrading operations.
The Company has incurred approximately US$1,400,000 of expenditures on the Bayhorse Silver Mine Project towards the required
US$1,500,000 in property expenditures in order to earn its 80% interest in AMCOR's Mining Lease and anticipates the remaining
property expenditure will be completed by the end of May, 2017.
The Company has extended the 20 cent warrants expiring July 31, 2017 for an additional 12 months until July 31, 2018.
The Company advises it is not basing any decision to produce on a feasibility study
of mineral reserves demonstrating economic and technical viability and also advises there is
increased uncertainty and specific economic and technical risks of failure associated with its production decision.
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This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility
for its contents Dr. Clay Conway, P.Geo., a Qualified Person has prepared, supervised the preparation of, or approved the technical
content of this press release.
On Behalf of the Board.
Graeme O'Neill, President, (604) 684-3394
Bayhorse Silver Inc., a junior exploration company, is earning an 80% interest in the historic Bayhorse Silver Mine, Oregon,
USA. Bayhorse is also earning a 75% interest in the past producing Bridging the Gap Project, consisting of ASARCO's historic
Crown Point, Silver King, Ranger, Wyoming, Curlew, and Blackhawk silver/lead/zinc mines in Idaho's Silver Valley. The Company
has an experienced management and technical team with extensive exploration and mining expertise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
