Bayhorse Silver Reports Significant IP Results from Its Pegasus, Idaho, Porphyry Copper Project

Core Viewpoint - Bayhorse Silver Inc. has announced positive results from the recently completed IP Survey over its Idaho Pegasus Porphyry Copper Project, indicating significant mineralization potential adjacent to its Bayhorse Mine Property [1][4]. Group 1: Survey Results - The IP survey results confirm the presence of high chargeability and low resistivity targets in the southern half of the Pegasus Property, covering almost 4 square miles [4]. - The Pegasus IP/AMT results show low resistivity areas extending over 1 km along strike and at least 550 m down to sea level, suggesting an eastward extension of the Bayhorse Mine's silver-rich mineralization [5]. - The AMT model indicates conductive zones beneath a 300 m thick conductive surface layer, with elevated chargeability at depth in the southern central area [6][7]. Group 2: Geological Context - Geological mapping by Dr. Clay Conway revealed expected mineralization of silver, antimony, copper, zinc, and anomalous gold in the Pegasus area [4]. - The mineralized rhyolite at the Bayhorse Mine extends into the Pegasus Property, with potential porphyry copper sources indicated by low-resistivity anomalies [11][12]. - Historical data from the Bayhorse Mine indicates gold values associated with silver, with previous reports showing up to 10 g/t gold during mining operations [4]. Group 3: Future Exploration Plans - A follow-up IP survey is planned for the northern section of the Pegasus Property, with initial exploration drilling set for five identified drill targets [9]. - Recommended follow-up work includes exploring the southern-central target area, extending survey coverage, and integrating structural interpretations to identify potential mineralization structures [10]. - The company aims to complete the remaining part of the planned grid to the north to search for additional targets [10].