Bayhorse completes 75% of adit safety work at Bayhorse
2015-09-22 09:30 ET - News Release
Mr. Graeme O'Neill reports
BAYHORSE SILVER UPDATES UNDERGROUND OPERATIONS, BAYHORSE SILVER MINE, OREGON, USA
Bayhorse Silver Inc. has reported on the first two weeks of underground work at its Bayhorse silver mine in east-central Oregon, United States. Mining contractor, American Mining and Tunneling (AMT) of Elko, Nev., has completed nearly three quarters of scheduled underground safety work. AMT has scaled, bolted and screened the first 270 feet of the roof within the 370-feet-long adit, and is installing the ventilation system to the intermediate level workings.
The company has created a digital, three-dimensional, rotatable presentation of all the underground workings. This presentation can be viewed on the company's website. The underground plans and comprehensive detailed maps were acquired from Dr. A. Wallace, PGeol, who is a highly recognized exploration geologist and is the principal of cordex exploration of Reno, Nev. These substantial records have been under the care and custody of Cordex since the work was conducted by Dr. Wallace.
The three-dimensional representations will be used by AMT in planning the next phase of work. They will also be used by Apex Geoscience, which will conduct a laser scan of the underground workings to confirm the accuracy of the records and to accurately locate the drill holes conducted by Silver King Mines during its 1984 mining program. An array of highly experienced geological and engineering consultants is assisting the company in its work at the historic Bayhorse silver mine. The team includes Dr. Clay Conway, PGeol, Dr. Stewart A Jackson, PGeo, Dr. G. E. Ray, PGeol, (independent) Dr. Richard Jolk, PEng metallurgy, Apex Geoscience (independent, M. Dufresne, MSc, PGeol), as well as Sacre-Davey Engineering and Metsolve Metallurgical Labs.
Bayhorse has also entered into a farm-in agreement with Saturn Minerals to acquire a 25-per-cent interest in the Little Swan oil project, Saskatchewan, Canada. Additionally, the company has retained a 30-per-cent net profit interest in the Flagstaff barite mine in Washington state, U.S. The company has an experienced management and technical team with extensive exploration expertise.
This news release has been prepared on behalf of the Bayhorse Silver Inc. board of directors, which accepts full responsibility for its contents. The technical content of this press release has been approved by Dr. S. A. Jackson, PGeo, a qualified person and technical adviser to the company