Metallurgical Sample Completed At Crane Creek Gold Silver Project


VANCOUVER - Bayhorse Silver Inc, has completed the metallurgical sample at the Crane Creek Gold Project, Idaho. The metallurgical sample of 610 kg (1,340 lb) has been crushed to 25 mm (1 inch) minus at the Bayhorse Mine, bagged, and taken to the Bayhorse Mill in Payette, Idaho, for processing. The next step is to mill the material to 125 microns (100 mesh) and conduct gravity concentrate tests at which time both the gravity and tailings samples will be submitted for fire assay. Flotation and leaching tests will be conducted on the gravity tailings. Mineralization at Crane Creek consists of gold and silver bearing arsenopyrite. The intent of the metallurgical testing of Crane Creek mineralization is to determine the flotation and leaching characteristics of the gold-bearing arsenopyrite mineralization.

The metallurgical samples were taken from the previously sampled sites that returned 33.87 g/t (1.089 oz/t) gold and 136.85 (4.4 oz/t) silver ;26.4 g/t (0.849 oz/t) gold and 140 g/t (4.5 oz/t) silver; 15.3 g/t (0.493 oz/t) gold and 68.42 g/t (2.2 oz/t) silver; and 1.36 g/t (0.044) oz/t gold and 124 g/t (4.0 oz/t) silver. Three samples of the primary crushed rock have been sent to Christophersen Umpire Assayers, Smelterville, Idaho. Three one ton assay samples (50g) were subjected to both gravity and fire assay for gold and silver content. The three samples graded 0.127 oz/t (3.95 g/t) gold 0.92 oz/t (28.6 g/t) silver; 0.046 oz/t (1.43 g/t) gold, 0.88 oz/t (27.37 g/t) silver; and 0.038 oz/t gold and 0.5 oz/t 15.5 g/t silver. The samples have also been submitted to American Analytical Lab for 36 element ICP assays.

The Company advises that the larger metallurgical samples are still considered selected samples and may not be indicative of, or representative of potential mined grades. The Crane Creek claims cover a substantial 3 - 6 meter (10 - 20ft) wide gold and silver bearing structure, that extends north from, and lies in close proximity to, Integra's Delamar Gold Project in Southwest Idaho, 120 km (75 miles) from the Bayhorse Mill. The significant gold mineralization in Southwestern Idaho is interpreted to be the northern extension of the Carlin Gold Trend.

CEO, Graeme O'Neill, said, "The large fluctuations in silver prices this past two and a half years, especially the 32% drop in silver price in the past 100 days, and the increased operating input costs, especially fuel costs, is affecting every miner. The Company has added the Crane Creek Gold claims, that are in close proximity to the Payette, Idaho Mill, as a property that has the potential of adding both gold and silver mineralization to the current high grade silver Mill feed to counter these increased costs.”