Bayhorse Silver Announces Initial 2026 Work Program Objectives

Core Viewpoint - Bayhorse Silver Inc. is advancing its work program for the first half of 2026, driven by strong silver and gold prices, which have increased investor interest and funding availability [1][8] Group 1: Work Program Overview - The work program includes completing a groundwater baseline study for the Full Operating Permit Application to resume underground mining operations at the Bayhorse Silver Mine, targeting up to 200 tons per day [1][5] - A limited bulk sample of 25 tons will be taken from three underground locations for metallurgical processing, with geochemical assays planned for both portions of the sample [2][3] - The program will also involve a minimum of five surface drill holes to test four identified IP targets, extending from the mine access road [4][5] Group 2: Resource and Production Details - The Bayhorse Silver Mine has a National Instrument 43-101 inferred resource of 292,300 tons at a grade of 21.65 opt (673 g/t), equating to approximately 6.3 million ounces of silver [9] - The company has received over $650,000 from the exercise of warrants and options, facilitating the acceleration of its work programs [1][8] - The milling and flotation processes will utilize a state-of-the-art 40 ton per hour Steinert Ore-Sorter, which reduces waste rock by up to 85% [9] Group 3: Environmental and Technical Aspects - The groundwater baseline study will include installing testing pumps and conducting independent groundwater tests, with samples analyzed by Pace Environmental Labs [1][3] - The Sorter Reject material has been previously tested and shows an acid/base analysis (ABA) of 29, indicating it is not acid generating, which is crucial for mine permitting [3][7] - The company plans to conduct a full antimony leach pilot program on the flotation concentrate, aiming to confirm high leaching rates of antimony [5][7]