20 Foot Delineation Drill Intersection At the Silver Rich Bayhorse Silver Mine

VANCOUVER - Bayhorse Silver Inc. reported on recent underground delineation drilling at its silver rich, Bayhorse Silver Mine, Oregon. A recent delineation underground drill hole under the Big Dog zone intersected 6 meter (20 feet) of silver mineralization from the floor of the historic workings, extending the zone to depth. The 6 meter (20 feet) interval assaying a weighted average of 210 g/t (6.75 oz/t). The highest grade interval was 668g/t (21.48 oz/t) over 0.6m (2 ft.) in an underground hole.

With the recent breakthrough in understanding the structural control of mineralization at the Bayhorse Mine, the Company's geological consultants believe more definition drilling is required to ensure that the currently understood mineralized zones can be mined more effectively.

The timbering of the 88 foot high historic raise in the Goldilocks zone is progressing, and when completed, further drilling is planned in this zone to determine the northerly vertical extent of the mineralization, for comprehensive future mining development. Mineralization here is similar to, and continuous with, the historically extensively stoped, Big Dog zone.

The westerly trending Bayhorse mineralized zone is open to the west, averages 7.6 meters (25 feet) with thicknesses up to 20 meters (67 feet) as reported in the Company's news release BHS2022-07, and is up to 200 feet in width. It rises to the North of the main haulage way and dips to the south. The Company is currently conducting drilling operations in a zone 300 meters (1,000 ft) to 450 meters (1,500 ft) west of the Mine Portal.

CEO, Graeme O'Neill, said, "With the recent turmoil in the general markets, and especially the volatility in both the silver and gold price, we are holding to our steady course in continuing development of the Bayhorse Silver Mine."