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Bayhorse Silver Inc.: Bayhorse Closes Oversubscribed Non-Brokered Private Placement


Bayhorse Silver Inc.: Bayhorse Closes Oversubscribed Non-Brokered Private Placement
Bayhorse Silver Inc. (TSXV: BHS) (the
Company or
Bayhorse ) announces, that, due to overwhelming demand, and subject to TSX-V Exchange approval, it has increased its previously announced non-brokered private placement for up to 20,000,000 million units by the allowable 10% overallotment to 22,000,000 for gross proceeds of $1,760,000, and has closed the financing.
Each C$0.08 cent Unit will consist of one (1) common share and one (1) transferable common share purchase warrant, with each warrant exercisable into one (1) common share of the Company at an exercise price of $0.15 cents, exercisable for a period of 24 months from the date of issuance. The securities issued are subject to a hold period of four months plus a day from date of issuance. ....

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Bayhorse Silver Inc.: Bayhorse Silver Initiates Underground Drill Program to Expand Bayhorse Silver Mine Resource


Bayhorse Silver Inc.: Bayhorse Silver Initiates Underground Drill Program to Expand Bayhorse Silver Mine Resource
Bayhorse Silver Inc. (
Bayhorse ) is initiating a multifaceted underground drill program at the Bayhorse Silver Mine, Oregon, USA.
The Three Phase initial -2,000 meter drill program from within the underground workings will be under the direction of Apex Geoscience Ltd. Drilling will take place from within the underground workings at existing mineralization to an additional depth of between 30 and 50 meters.
Phase One will twin the identified historic drill holes with the intent of upgrading the resource from the inferred category. As filed on SEDAR November 8, 2018, in the Company s NI-43-101 Technical Report, Maiden Resource Estimate For The Bayhorse Silver Deposit, Baker County, Oregon, USA., dated October 15, 2018, by Apex Geoscience Ltd., the inferred resource comprises 292,300 short tons at an average grade of 21.65 troy ounces per ton (opt:) (6 ....

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Bayhorse Silver Initiates Underground Drill Program to Expand Bayhorse Silver Mine Resource


Bayhorse ) is initiating a multifaceted underground drill program at the Bayhorse Silver Mine, Oregon, USA.
The Three Phase initial -2,000 meter drill program from within the underground workings will be under the direction of Apex Geoscience Ltd. Drilling will take place from within the underground workings at existing mineralization to an additional depth of between 30 and 50 meters.
Phase One will twin the identified historic drill holes with the intent of upgrading the resource from the inferred category. As filed on SEDAR November 8, 2018, in the Company s NI-43-101 Technical Report, Maiden Resource Estimate For The Bayhorse Silver Deposit, Baker County, Oregon, USA., dated October 15, 2018, by Apex Geoscience Ltd., the inferred resource comprises 292,300 short tons at an average grade of 21.65 troy ounces per ton (opt:) (673 g/t) silver (Ag) at a cutoff of 7.5 opt (233 g/t) Ag, for a total of 6,328,400 oz silver ....

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