Bayhorse Silver Inc, (BHS: TSX-V, BHSIF: OTCQB, 7KXN: FRANKFURT) (the “Company” or “Bayhorse”) is pleased to update shareholders on recent developments at the Bayhorse Silver Mine, and the surrounding area along the “Olds Ferry/Izee Terrane mineralization.

The Bayhorse drilling programt is the first drilling conducted outside the reported Current 6.3 Million Ounce NI-43-101 Inferred Silver Resource area, targeting a calculated intercept of the large low-resistivity anomaly that the Company believes to be a potential porphyry copper, which begins approximately 498 ft (151 m) below the Bayhorse Silver Mine main haulage way workings and ends approximately 1,020 ft (309 m) for a minimum 522 ft (158 m) vertical extent.

The Bayhorse Silver Mine, that also has copper/gold/antimony and zinc mineralization lies in close proximity (6 km) to the historic Gleason Gold Mine, where free milling gold was mined up until the mid 1920’s and where Bayhorse sampled 139.96 g/t (4.5 o/t) gold in 2022, and the historic Connor Creek gold mine lies 9 km to the north. Connor Creek is 7 km west of the Hercules Metals (“Hercules”) historic Mineral Project silver property that lies 11 km north of the Bayhorse Mine. (Fig. 1)

The Bayhorse exploration model holds that the silver/copper rich mineralized rhyolite at the Bayhorse Silver Mine could have its source in underlying shallow granites that may be conductive porphyry copper bodies as reflected by the low-resistivity anomalies. The highest silver/copper grade identified at the Bayhorse Silver Mine is 15% Silver, 17% Copper (BHS2014-01) while gold values up to 10 g/t have been reported from historical mining (Silver King Mines 1984).

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