|By Marketwired .||
|June 25, 2014 01:49 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/25/14 -- Bayhorse Silver Inc. ("Bayhorse" or the "Company") (TSX VENTURE:BHS), is pleased to announce that it has engaged APEX Geoscience Ltd ("APEX") as a consultant to the Company on the Bayhorse Silver mine project.
APEX will undertake a work program to create a wire frame model of the underground workings by digitizing all data developed by the Company, along with all historic data, and the recently acquired Cordex data, and will include new digital and laser surveys of all historic accesses, haulage ways, stopes and drill collars. By incorporating this data into a comprehensive 3 dimensional underground model the Company will be better able to plan the proposed bulk sample and mining plan along with planning any future underground sampling and drilling programs. Based upon the new survey information and the underground model, APEX will also establish the most effective methods required to convert the reported historic resource into a NI-43-101 resource.
The Company is also pleased to announce that Dr. Stewart A. Jackson, P.Geo has consented to join its advisory board. Dr. Jackson is a long time exploration specialist. With his public Company, Crown Resource Corporation he discovered and initiated production from multiple gold discoveries totaling several million ounces in Washington State, USA, including the current Buckhorn Mine of Kinross.
He was involved in the acquisition and exploration of multiple gold and silver deposits in North, South and Central America, the Philippines, and Indonesia. He acquired and delineated a major uranium, molybdenum, nickel and vanadium resource in Sweden, and was instrumental in the advancement of the Turnagain nickel deposit in Northern BC, Canada, from a prospect to the status of a very large nickel resource. In addition to metals exploration he has been involved in a broad range of exploration fields, including oil, gas, industrial minerals, and diamonds.
Dr. Jackson is a Professional Geologist in the Province of Ontario, Canada. He holds a B.Sc, in Geology from the University of Western Ontario, an M.Sc. in Stratigraphy and Mineral Deposits from the University of Toronto, and a Ph.D in Stratigraphy and Economic Geology from the University of Alberta. He is a member of several scientific and professional organizations and has authored several geological papers.
Bayhorse Silver Inc. is a junior exploration company that is earning an 80% interest in its newly acquired historic Bayhorse Silver Mine that has the potential for a substantial silver discovery. It has a 100% interest in its three major high grade New Zealand gold prospects (Alexander River, Paparoa and Red Queen), in the highly prolific West Coast South Island gold fields of New Zealand, which offers investors the potential for a major gold discovery.
The Company has a 30% Net Profit Interest in the Flagstaff barite mine in Washington State, where work is currently in progress. 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 contents of this news release has been reviewed and approved by Dr. Clay Conway, P.Geol., and Qualified Person as recognized by National Instrument NI-43-101 and a director of the Company.
ON BEHALF OF THE BOARD
Graeme O'Neill, President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Bayhorse Silver Inc.