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Bayhorse Silver Extracts 25 Ton Metallurgical Sample from the Bayhorse Silver Mine

MWN-AI** Summary

Bayhorse Silver Inc. (TSXV: BHS) has announced the successful extraction of a 25-ton metallurgical sample from its Bayhorse Silver Mine, located in Vancouver, British Columbia. This bulk sample aims to analyze the mine's silver, antimony, copper, and zinc mineralization, which are considered critical and strategic minerals in the U.S. The test samples were drawn from two working faces—Big Dog Zone and Goldilocks Zone—situated 100 meters apart within the mine.

The analysis of this metallurgical sample is in accordance with NI-43-101 standards, providing essential data for resource definition and supporting the company's Operating Permit application. Significant silver grades were previously established in the Big Dog Zone, with assays reaching 1,642 g/t (54.8 oz/t), while the Goldilocks Zone displayed notable silver intersections from recent drilling, including higher grades of 1,771.58 g/t.

This testing is essential for understanding the milling and flotation processes, vital for determining potential recoveries and the handling of waste materials generated during mining operations. The results are expected to offer insights into operational efficiencies and concentrate production, which will be prepared for subsequent processing.

CEO Graeme O'Neill emphasized the importance of this bulk sample in gauging the future mining operations at Bayhorse, indicating potential high recoveries of copper, antimony, zinc, and silver. The company's extensive exploration model suggests that the mineralization could extend into adjacent prospects, further enhancing the mine's resource potential.

Bayhorse is focused on sustainable mining practices, with established infrastructure capable of processing high volumes and minimizing environmental impact. The ongoing metallurgical work reinforces their commitment to responsible mining and efficient resource extraction.

MWN-AI** Analysis

Bayhorse Silver Inc. (TSXV: BHS) has recently announced the extraction of a substantial 25-ton metallurgical sample from its Bayhorse Silver Mine, notable for its strategic mineralization including silver, antimony, copper, and zinc. This development presents an important opportunity for investors, but also carries certain risks.

The high-grade silver assays reported, notably a remarkable 1,642 g/t from the Big Dog Zone, position Bayhorse favorably in a market that increasingly values critical minerals. The robust grades observed across multiple sampling points, coupled with the company's intent to conduct metallurgical analysis under NI-43-101 standards, are likely to enhance investor confidence and may drive demand should production resumes.

Moreover, Bayhorse's ongoing and anticipated metallurgical assessments promise to unveil critical insights regarding mill recovery rates and tailings management, which are essential for operational efficiency. This could potentially lead to lower operating costs, augment profitability, and improve the project's economics. The established partnerships, including an offtake agreement with Ocean Partners UK Limited, further strengthen Bayhorse’s market position by ensuring a buyer for its end products.

However, investors should remain cautious. There are inherent risks associated with junior mining companies, including fluctuations in metal prices, regulatory hurdles, and broader market conditions. Continuous monitoring of the silver market's stability and investor sentiment in the junior mining sector is crucial.

Overall, while the data suggests a favorable outlook for Bayhorse Silver, prospective investors should conduct thorough due diligence. A balanced approach involving both risk assessment and opportunities could help in making informed investment decisions as the company progresses through its mining verification and operational phases.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: TMX Newsfile

Vancouver, British Columbia--(Newsfile Corp. - April 7, 2026) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") reports that it has extracted an approved 25 ton "run of mine" metallurgical bulk sample of the Bayhorse Silver Mine's critical and strategic silver, antimony, copper and zinc mineralization from two of the established "ready for mining" working faces located 100 m ( 330 ft) apart at the western extent of the underground workings (figure 1).

Figure 1. Underground sampling locations (X)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5015/291421_17dea65d343508ae_001full.jpg

The 25 ton representative run of mine metallurgical sample analysis is being conducted under NI-43-101 standards to provide additional data for further resource definition and to form part of the geochemical analysis required for the Bayhorse Silver Mine Operating Permit application.

The metallurgical analysis may also confirm through the milling and flotation process, mill recoveries, tailings minerals percentages, and necessary waste water remediation to allow proper disposal of the waste water from the milling process.

One sample was taken from the Big Dog Zone working face that was prior panel sampled across and down the face returning combined silver assays of 1,642 g/t (54.8 oz/t) as reported in the Company's news releases, BHS2022-05 and BHS2022-08.

Figure 2. Big Dog working face

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5015/291421_17dea65d343508ae_002full.jpg

A second sample was taken from the western extent of the Goldilocks Zone where a diamond drill hole conducted in 2022 (BHS2022-12) intersected 2.75 meters (9 ft) of strong silver mineralization, of which 0.92 meters (3 ft) graded 1,771.58 g/t Ag (51.75 oz/t), 0.92 meters graded 104.869g/t (3.05 oz/t) and 0.92 meters graded 1,546.46 g/t (45.2 oz/t) for a weighted average grade over the intersection of 1,140.68 g/t (33.34 oz/t).

At the top of a raise into the Goldilocks Zone, Silver King Mines (1984) reported mining high grade rounds grading up to 3,110 g/t Ag (100oz/Ag) per ton, and in the middle of the raise the Company drill intersected 3.65 meters (12 t) of 844 g/t (24.67 oz/t) silver of which the highest grade interval was 2,180g/t (63.65 oz/t) over 0.6 m (2 ft), as reported in the Company's news release, BHS2021-19.

The strike length from the Big Dog Zone to the Goldilocks Zone is +/- 122 m (400 ft), has a known vertical extent of 30 m (98 ft) and an estimated width of 60 m (200 ft). As reported in the Company's news release BHS2026-07, analysis from the recent IP surveys indicate the vertical extent of the mineralization may extend up to 300 m (980 ft) from the currently known 30 m (98 ft) with some areas having a width of up to 120 m (400 ft).

Bayhorse CEO, Graeme O'Neill, comments, "this bulk sample is expected to mimic potential mining operations and give a clear indication of the Ore-Sorter select silver upgrade, and what the final grades and recoveries are likely to be when full-scale mining is resumed. With the very high percentages of copper, antimony, and zinc recovery in the flotation concentrate along with the silver from the development material processing, the resultant concentrate produced will be bagged and readied for further processing/smelting/leaching."

The dominant Bayhorse mineralization is primarily tetrahedrite, (see the Company's news release BHS2020-12) that is comprised of the critical and strategic minerals in an antimony sulfide of silver, copper, zinc and iron in veins and stockworks with minor gold present, and is refractory in nature.

The Company's metallurgical work, including already proven antimony leaching, allows for the cost-effective separation of the antimony and sulphur thereby significantly increasing recoveries of the silver, copper and zinc for processing separately.

The silver, antimony, copper and zinc at the Bayhorse Silver Mine are all recognized as "critical and strategic minerals" in the United States.

The Bayhorse exploration model holds that the silver-copper-antimony rich mineralization at the Bayhorse Silver Mine extends across to the adjacent Pegasus porphyry copper prospect and could have its source in an underlying shallow pluton(s) that may host porphyry copper mineralization similar to what Hercules Metals has reported 40 km north of the Bayhorse Silver Mine.

This News Release has been prepared on behalf of the Bayhorse Silver Inc.'s Board of Directors, which accepts full responsibility for its content. Mark Abrams, AIPG, a Qualified Person and Director of the Company has prepared, supervised the preparation of, or approved the technical content of this news release.

On Behalf of the Board.

Graeme O'Neill, CEO
866-399-6539, 604-684-3394

About Bayhorse Silver Inc.

Bayhorse Silver Inc. is an exploration and production company with a 100% interest in the historic Bayhorse Silver Mine located in Oregon, USA with a National Instrument 43-101 inferred mineral resource of 292,300 tons at a grade of 21.65 opt (673 g/t) for 6.3 million ounces of silver. (Turner et al. 2018) and the Pegasus Project, in Washington County, Idaho. The Bayhorse Silver Mine and the Pegasus Porphyry Copper Project are 44 km southwest of Hercules Metals' porphyry copper discovery. The Bayhorse Mine is a minimum environmental impact facility capable of processing at a mining rate up 200 tons/day that includes a state of the art 40 ton per hour Steinert Ore-Sorter that reduces waste rock entering the processing stream by up to 85%. The Company has established an up to 60 ton/day mill and standard flotation processing facility in nearby Payette County, Idaho, USA with an offtake agreement in place with Ocean Partners UK Limited. The Company has an experienced management and technical team with extensive mining expertise in both exploration and building mines.

FORWARD-LOOKING STATEMENTS:

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. In particular, these forward-looking statements are based on assumptions regarding: (i) stability in precious metals markets and silver prices; (ii) no further significant macroeconomic shocks or disruptions; (iii) continued market liquidity and investor access to capital; (iv) recovery of investor sentiment in the junior mining sector; and (v) timely receipt of required regulatory approvals. Factors that could cause the actual results to differ materially from those in forward-looking statements include: fluctuations in metal and commodity prices; continued availability of equity capital and financing; extreme market volatility and changes in investor sentiment; general economic, market, and business conditions; macroeconomic shocks and trade policy uncertainty; market liquidity constraints; timing and receipt of regulatory approvals (including from the TSX Venture Exchange); and risk that market recovery timing may differ materially from management expectations. Readers are cautioned not to place undue reliance on forward-looking statements. For a complete discussion of risk factors affecting the Company, please refer to the "Risks and Uncertainties" section of the Company's most recent Management's Discussion and Analysis available on SEDAR+ at www.sedarplus.ca. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291421

FAQ**

How might the extraction of the 25-ton run of mine sample by Bayhorse Silver Inc BHSIF influence the future production capabilities of the Bayhorse Silver Mine?
The extraction of the 25-ton run of mine sample by Bayhorse Silver Inc BHSIF could provide critical data on ore quality and processing efficiency, potentially enhancing the mine's future production capabilities and optimizing operational strategies.
What are the potential environmental impacts of the metallurgical analysis being conducted by Bayhorse Silver Inc BHSIF under NI-43-101 standards?
The metallurgical analysis by Bayhorse Silver Inc under NI-43-101 standards may lead to potential environmental impacts such as habitat disruption, water contamination from mining byproducts, and increased carbon footprint from mining operations if not managed properly.
In what ways could the recovery of antimony, copper, and zinc at Bayhorse Silver Inc BHSIF contribute to the demand for critical and strategic minerals in the U.S. market?
The recovery of antimony, copper, and zinc at Bayhorse Silver Inc. (BHSIF) could enhance the U.S. supply chain for critical and strategic minerals, reducing reliance on imports, supporting domestic manufacturing, and bolstering economic resilience and sustainability efforts.
How does the geological model proposed by Bayhorse Silver Inc BHSIF support the positioning of the Bayhorse Mine adjacent to the Pegasus porphyry copper prospect?
The geological model proposed by Bayhorse Silver Inc. suggests that the mineralization at the Bayhorse Mine is linked to the same tectonic and fluid systems that influenced the nearby Pegasus porphyry copper prospect, highlighting a favorable geological setting for resource exploration.

**MWN-AI FAQ is based on asking OpenAI questions about Bayhorse Silver Inc. (TSXVC: BHS:CC).

Bayhorse Silver Inc.

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