Vancouver, British Columbia--(Newsfile Corp. - September 5, 2024) - Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the "Company" or "Bayhorse") reports on the findings of its recent geological mapping program, Pegasus Project, Idaho, USA. The western boundary of the Pegasus Project, covering over 2,000 acres or 3.22 square miles, lies within 0.5 miles (0.8 km) from the Company's Bayhorse Silver Mine in Oregon.
Bayhorse's new Geologic Map of the Louse Canyon-Rock Creek Area (Figure 1) shows a number of small intrusive rhyolite bodies in the Pegasus claim group area. There are three types of rhyolite. The mineralized aphanitic rhyolite (BHS2024-10) in the western part of the map area extends westward across the Brownlee Reservoir to the Bayhorse mine in Oregon where it is spatially and apparently genetically related to silver mineralization. Pronounced low-resistivity anomalies lie beneath the mineralized rhyolite at both the Bayhorse mine and the Pegasus project area (Figure 2). The position of Line 1190 from Figure 2 is also shown on the geologic map (Figure 1) to illustrate the proximity of the rhyolite bodies to the underlying anomaly. This close proximity is also shown in the overlay of geology on geophysics of Figure 3.
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