Silver Mineralization Intersection At The Bayhorse Silver Mine

VANCOUVER - Bayhorse Silver Inc, reported on drill hole WM2, at an interval depth of from 22 to 33.5 m (72 ft to 110 ft) from surface. The most significant assay was for two samples from the first 1.5 m (5f ft) of the intersection - 1,486.74 g/t (47.8 opt) and 719 g/t (23.12 opt) for an average 1104 g/t (35.46 opt) within a 10.6 meters (35 ft) zone of silver mineralization. A second 1.5m (5 ft) silver intersection within the mineralized zone assayed 770 g/t (23.12 opt).

The silver mineralization was encountered 70 ft downhole in drill hole MW2, that lies on the periphery of a large IP anomaly that was disclosed in the Company's news release, (BHS2025-05) with its halo estimated to be 100 feet in width, and 140 feet of strike. Hole MW2 was completed June, 2024 as a 12-inch rotary air blast (RAB) hole drilled to a depth of 57 m (190 ft) that formed part of the groundwater testing program under the supervision of HRD Engineering, of Boise, ID. Drill cuttings were collected and bagged every 1.5 m (5 ft) as part of the geochemical assessment of the hole by HRD Engineering. A 12-inch RAB drill hole provides a significantly larger sized sample from the mineralized interval compared to a NQ drill core.

Hole MW2 was drilled 85 m (278 ft) north of and 37 m (123 ft) below the historic Sunshine stope, from beside the Mine access road, and intersected mineralization +/- 70 feet below the collar. As copper mineralization was present in the cuttings, the samples have also been submitted for 35 element ICP assay for copper and other base minerals.

The high-grade silver intersections lie 40 m (130 ft) south of, and 30 m (100 ft) above the drill trace of the Company's 335 m (1,100 ft) drill hole BHD24-01, that was drilled at a -65dg dip from the drill location proposed for drill hole BHD2025-08 into the IP anomaly. Now high-grade silver mineralization is confirmed within the first of the IP anomalies; further drilling is planned into the multiple IP anomalies extending south and east from the already known mineralized zones. The first of the new drill holes (BHD25-08), will target through the estimated 35 - 40 m (115 - 132 ft) W-E strike length of the silver bearing IP anomaly.

CEO Graeme O'Neill, said, “We are very encouraged with the discovery of high-grade silver mineralization within the periphery of the IP anomaly as it suggests the other two IP anomalies, one immediately south of the Bayhorse Mine portal, and the other 214 m (702 ft) to north will also be similarly silver mineralized. Both IP targets 1 & 2 can be accessed by drifting from the currently established underground workings in the event economic mineralization is found."