# Bayhorse Silver Extracts 25 Ton Metallurgical Sample from the Bayhorse Silver Mine

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/bayhorse-silver-extracts-25-ton-metallurgical-sample-from-the-bayhorse-silver-mi--728889d7-6967-4a77-9b14-5a08af830137

Original source: https://money.tmx.com/en/quote/BHS/news/6021331204105044/bayhorse-silver-extracts-25-ton-metallurgical-sample-from-the-bayhorse-silver-mi

Publisher: tmx

Original announcement: 2026-04-07T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Bayhorse Silver Inc

- Ticker: BHS

- Exchange: TSX

- Region: Oregon, USA

- Primary commodity: Silver

- Secondary commodities: Antimony, Copper, Zinc

- Document categories: Metallurgy, Other

- Extracted: 2026-08-21 02:26:21 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Bayhorse Silver has extracted a 25-ton metallurgical bulk sample from the Bayhorse Silver Mine to support its operating permit application and resource definition. The testing will focus on milling and flotation recoveries for silver, antimony, copper, and zinc. The company notes the mineralization is refractory in nature but mentions proven antimony leaching capabilities.

Reasoning: The company has extracted a 25-ton bulk sample to conduct metallurgical testing. While the announcement is positive for project advancement, actual recovery results are not yet reported, and the ore is noted as refractory.

- Positive factor: Bulk sample extraction for metallurgical testing

- Positive factor: NI 43-101 compliant standards mentioned

- Positive factor: Existing offtake agreement in place

- Positive factor: Use of ore-sorter technology mentioned

- Negative factor: Ore is described as refractory in nature

- Negative factor: Metallurgical results are pending \(this is an announcement of sample extraction, not results\)

Facts used in scoring: 4

## Classification and evidence

**Refractory Ore**

Polarity: negative

Definition: Ore requires oxidation/pressure treatment before recovery — a processing and recovery risk.

Why it applies: The document explicitly states the mineralization is refractory in nature.

Evidence · text

> is refractory in nature

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions analysis is being conducted under NI-43-101 standards.

Evidence · text

> analysis is being conducted under NI-43-101 standards

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Metallurgical Results (4)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/bayhorse-silver-extracts-25-ton-metallurgical-sample-from-the-bayhorse-silver-mi--728889d7-6967-4a77-9b14-5a08af830137#fact-metallurgical-facts-0)

#### Identity

- Ticker: BHS

#### Test Work

- Sample: 25 ton 'run of mine' metallurgical bulk sample from two established working faces

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-04-07T00:00:00.000Z

Reasoning: Extraction of a bulk sample is a key step toward metallurgical validation and permitting.

- Positive factor: Representative run of mine sample

Evidence · text

> reports that it has extracted an approved 25 ton "run of mine" metallurgical bulk sample

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/bayhorse-silver-extracts-25-ton-metallurgical-sample-from-the-bayhorse-silver-mi--728889d7-6967-4a77-9b14-5a08af830137#fact-metallurgical-facts-1)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: BHS

#### Test Work

- Sample: Big Dog Zone working face \(historical reference\)

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-05-01T00:00:00.000Z

#### Dates

- Event date: 2026-04-07T00:00:00.000Z

Reasoning: This is a restatement of historical assays from 2022.

- Positive factor: High grade

Evidence · text

> returning combined silver assays of 1,642 g/t \(54.8 oz/t\) as reported in the Company's news releases, BHS2022-05 and BHS2022-08

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/bayhorse-silver-extracts-25-ton-metallurgical-sample-from-the-bayhorse-silver-mi--728889d7-6967-4a77-9b14-5a08af830137#fact-metallurgical-facts-2)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: BHS

#### Test Work

- Sample: Goldilocks Zone diamond drill hole BHS2022-12 \(historical reference\)

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-12-31T00:00:00.000Z

#### Dates

- Event date: 2026-04-07T00:00:00.000Z

Reasoning: This is a restatement of historical drill results from 2022.

- Positive factor: Strong silver mineralization

Evidence · text

> intersected 2.75 meters \(9 ft\) of strong silver mineralization... for a weighted average grade over the intersection of 1,140.68 g/t

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/bayhorse-silver-extracts-25-ton-metallurgical-sample-from-the-bayhorse-silver-mi--728889d7-6967-4a77-9b14-5a08af830137#fact-metallurgical-facts-3)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: BHS

#### Test Work

- Sample: Goldilocks Zone drill intersection \(historical reference\)

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2021-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-04-07T00:00:00.000Z

Reasoning: This is a restatement of historical drill results from 2021.

- Positive factor: Strong silver grade

Evidence · text

> drill intersected 3.65 meters \(12 t\) of 844 g/t \(24.67 oz/t\) silver

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
