# Bayhorse Silver Increases Underground Drill Program To Include Targeting Additional Conceptual Exploration Areas At The Bayhorse Silver Mine Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/bayhorse-silver-increases-underground-drill-program-to-include-targeting-additio--ee065e83-8d5a-4833-9a4e-dc55dd3e9c7d Original source: https://money.tmx.com/en/quote/BHS/news/6139666505977630/bayhorse-silver-increases-underground-drill-program-to-include-targeting-additio Publisher: tmx Original announcement: 2026-04-02T14:13:00.000Z 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: Copper, Antimony - Document categories: Drill results, Resource update - Extracted: 2026-08-21 02:27:16 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Bayhorse Silver is expanding its underground diamond drill program at the Bayhorse Silver Mine to up to 20 holes, targeting new conceptual exploration areas identified via IP anomalies. The program aims to test for silver, copper, and antimony extensions beyond the current inferred resource boundary. Reasoning: The company is increasing its underground drilling to test IP anomalies that may extend the existing silver resource, supported by high-grade historical intercepts. - Positive factor: Expansion of drill program to target conceptual areas - Positive factor: High-grade historical intercept mentioned \(1,104 g/t Ag\) - Positive factor: Potential for resource expansion and category upgrade - Negative factor: Exploration risk regarding conceptual targets - Negative factor: Reliance on historical 2018 resource data Facts used in scoring: 3 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The primary resource mentioned is classified as Inferred per the 2018 Technical Report. Evidence · text > Inferred Mineral Resource Estimate of 292,300 tons **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The document mentions a NI-43-101 Technical Report, implying professional oversight. Evidence · text > as disclosed in the Company's NI-43-101 Technical Report ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### MW-2 [Link to this fact](https://atlas-staging.minestarters.com/news/bayhorse-silver-increases-underground-drill-program-to-include-targeting-additio--ee065e83-8d5a-4833-9a4e-dc55dd3e9c7d#fact-drill-facts-0) Bayhorse Silver Mine · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: MW-2 - Project: Bayhorse Silver Mine - Commodity: silver - Region: oregon, usa - Reported Region: Oregon, USA - Ticker: BHS #### Geometry - Grade: 1104 - Grade Unit: g/t - Intercept: 1.5 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-01-01T00:00:00.000Z #### Dates - Event date: 2026-04-02T00:00:00.000Z Reasoning: Historical high-grade silver intercept from a groundwater test well. - Positive factor: High grade intercept Evidence · text > MW-2 intersected 1.5 m \(5 ft\) grading an average of 1,104 g/t \(35.46 opt\) silver ### MW-2 [Link to this fact](https://atlas-staging.minestarters.com/news/bayhorse-silver-increases-underground-drill-program-to-include-targeting-additio--ee065e83-8d5a-4833-9a4e-dc55dd3e9c7d#fact-drill-facts-1) Bayhorse Silver Mine · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: MW-2 - Project: Bayhorse Silver Mine - Commodity: silver - Region: oregon, usa - Reported Region: Oregon, USA - Ticker: BHS #### Geometry - Grade: 770 - Grade Unit: g/t - Intercept: 1.5 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-01-01T00:00:00.000Z #### Dates - Event date: 2026-04-02T00:00:00.000Z Reasoning: Historical silver intercept from a groundwater test well. - Positive factor: Strong grade Evidence · text > 1.5 m \(5 ft\) averaging 770 g/t \(23.12 opt\) silver ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/bayhorse-silver-increases-underground-drill-program-to-include-targeting-additio--ee065e83-8d5a-4833-9a4e-dc55dd3e9c7d#fact-drill-facts-2) silver #### Identity - Commodity: silver - Ticker: BHS #### Geometry - Grade: 673 - Grade Unit: g/t #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-04-02T00:00:00.000Z Reasoning: Historical inferred resource from 2018 Technical Report. - Negative factor: Inferred category Evidence · text > Inferred Mineral Resource Estimate of 292,300 tons at a grade of 21.65 opt \(673 g/t\) for 6.3 million ounces of silver \(Turner et al. 2018\) ## 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.