Bayhorse Silver

Bayhorse Silver (BHSIF) renewed its silver/copper concentrate Offtake Agreement with Ocean Partners, increasing the shipping volume to 400 tons. Bayhorse plans to process company and third-party material at its Payette, Idaho facility. Mining rate expansion to 200 tons/day is planned, utilizing ore-sorting technology for silver content upgrades. A new mineralized zone was discovered with high-grade silver assays, prompting the planning of a 65-foot decline. While promising, a feasibility study of mineral reserves is still needed for the production decision.

Bayhorse Silver (OTCQB: BHSIF) will conduct an induced polarization survey covering over 35% of its Pegasus silver-copper project in Idaho, targeting three mineralization types: silver extensions, copper porphyry, and gold-rich skarn. This follows promising airborne survey results showing anomalies. CEO Graeme O’Neill highlighted regulatory advantages from President Trump’s Big Beautiful Bill, which could expedite permits and offer tax incentives. The company’s existing Idaho processing plant adds strategic value, but exploration risks persist without drilling validation. The project is near Hercules Metals’ copper discovery in a mining-friendly jurisdiction.