Vancouver, British Columbia--(Newsfile Corp. - October 4, 2016) - Bayhorse Silver (TSXV: BHS) has started its drilling program on its Bridging the Gap silver-lead-zinc project, located in the highly prolific silver producing district of the "Silver Valley" in northern Idaho, adjacent to the Bunker Hill Mine.
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Although drill hole BTG-1A was terminated, following technical difficulties, at 109 feet in highly fractured rock, drill hole BTG-1B reached 705 feet on September 27th with a target of 1,400 feet. It is targeting a pair of parallel silver/lead/zinc structures and veins that are projected to extend east-west for approximately 1,400 feet in length and over 1,000 feet in vertical extend.
The structural vein targets include those at the historic Crown Point/Silver King Mines, and the parallel Shea structure located 300 feet to the south. The Shea structure was extensively mined at the adjacent Bunker Hill Mine, whose claims abut the eastern side of the BTG claims.
Historical Bunker Hill mining records from 1936 report a 30 foot highly mineralized intersection in the Shea structure from an underground drill hole in the Silver King workings at the 200 foot level. Based on the company's historical mine data digital compilation, the Shea zone mineralized drill hole intersection was never followed up.
The company's entire team of senior geological and mining consultants recently visited the Bridging the Gap project.
Graeme O'Neill, President & CEO, stated: "Having the senior geological and engineering consultants visit the project at the same time the drilling program is underway is a significant event for the Company as it allows for a better understanding of the project."
Bayhorse is earning a 75% interest in the past producing Bridging the Gap Project, and an 80% interest in the historic Bayhorse Silver mine in Oregon.
Earlier this year, Graeme O'Neill was interviewed by noted silver expert David Morgan, publisher of The Morgan Report. To view the video interview please visit www.investmentpitch.com and enter Bayhorse in the search box.
The shares are trading at $0.27 and with 34.3 million shares outstanding, the company is capitalized at $9.3 million.
For more information, please visit the company's website www.bayhorsesilver.com, contact Graeme O'Neill, President and CEO, at 604-684-3394 or email company@bayhorsesilver.com.
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