HERCULES Silver vs. BAYHORSE Silver,
https://www.finanznachrichten.de/...e-silver-corporate-update-296.htm
https://www.ariva.de/silber-kurs/realtime-chart?antiAlias=1&boerse_id=130&clean_payout=0&resolution=1&savg=0&size=940x420&volume=1&go=1&go=1"eType=last ...
... schon auf Lager, das durch den Einsatz des der Company gehörenden STEINERT-Ore-Sorter's auf beträchtliche Silber/Kupfer-Gehalte (Tonnage einsparend) hoch-konzentriert worden ist, was die geplante Verschiffung an Ocean Partners UK Ltd. ganz beträchtlich erleichtert ...
Allerdings gehe ich davon aus, dass die ersten Shipments erst dann beginnen, wenn sich der Silber-Preis oberhalb von 28 U$-Dollares stabilisiert haben wird.
Soweit meine Einschätzung:
Der olle Teras.
... Silver, gab am 09-APR-2024 bekannt: https://www.newsfilecorp.com/release/204756 ...
Bayhorse Silver Inc. erhält zwei Silber-Explorationsziele aus zusätzlicher magnetischer Vermessungsanalyse auf seinen Bayhorse-Grundstücken
Am 15. April 2024 um 20:02 Uhr
"Bayhorse Silver Inc. hat von Geotech die Interpretationen der magnetischen Strukturen und die Analyse der strukturellen Komplexität der jüngsten Vermessung des geophysikalischen Projektgebiets Bayhorse Idaho/Oregon erhalten. Das Gebiet befindet sich in den Teilen Huntington, Oregon und Weiser in Idaho. Dieser zusammenfassende Bericht beschreibt die Ergebnisse der geophysikalischen Interpretationen und die Ergebnisse der magnetischen Modellierung." - Und so weiter ...
Quelle hierzu: https://de.marketscreener.com/kurs/aktie/...cher-Vermessung-46482034/
U$-Dollares schon ein wenig festsetzen können; bestätigt ist diese Stabilisierung aber erst dann, nachdem der für unsere hiesig betrachtete Bayhorse Silver Inc. so wichtige Silber-Preis sich oberhalb von 29 U$-Dollares pro Fein-Unze etabliert haben wird:
(Angehängte Graphik: 2024-04-19-Silber-stabilisiert-sich-oberhalb-von-28-US-Dollares.PNG) ...
... auf inzwischen 0,090 Cana-Dollares, hierzu die angehängte Graphik:
2024-05-07-BAYHORSE-steigt-OHNE-erkennbare-News.PNG ...
... verkündet, wohl aber schon Bayhorse, dass nämlich die von Barrick Gold, die sich an der Hercules Silver Corp. ja auch schon aktienmäßig beteiligt haben, im gemeinsamen Wirkungs-Bereich von Bayhorse und Hercules Silver und Barrick Gold jetzt offenkundig auch eigene CLAIMS am Abstecken sind:
"The Bayhorse Pegasus Project lies one half mile east of the Bayhorse Silver Mine in Oregon and comprises 123 claims of approximately four square miles in Sections 16, 17, 20, 21, 22, 28 and 29 of T13N R7W, in Washington County, Idaho. The Bayhorse Silver Mine and the Pegasus Project are 44 km southwest of Hercules Silver’s porphyry copper discovery.
Both areas have similar geological settings with silver mineralization, including significant copper, antimony, and zinc credits. A review of Bureau of Land Management (BLM) files shows Barrick Gold Exploration has staked ground in Section 14 of the same Township, as close as one mile east of the Bayhorse Pegasus Idaho claims."
Und hier geht's zur Quelle dieser News:
https://bayhorsesilver.com/...-at-its-bayhorse-pegasus-project-idaho/ ...
Signifikante Ergebnisse [der Bohr- und Oberflächen-Proben] umfassen:
"DDH BDD104: 0,3 m (1 ft) mit 34,28 oz/t (1.066 g/t) Silber und 1,85% Kupfer. 0,6 m (2 ft) mit 11,34 oz/t (352,7 g/t) Silber und 1,15% Kupfer. 0,6 m (2 ft) mit 6,92 oz/t (215,2 g/t) Silber und 0,334% Kupfer. 0,6 m (2 ft) mit 5,75 oz/t (178,8 g/t) Silber und 0,344 % Kupfer.
DDH BDD105: 0,6 m (2 ft) mit 12,72 oz/t (396 g/t) Silber und 0,876% Kupfer. 0,6m (2ft) mit 5,95 oz/t 1(85 g/t) Silber und 0,2% Kupfer. DDH BDD103: 0,6 m (2ft) mit 6,27 oz/t (195 g/t) Silber und 0,22% Kupfer.
Von der südlichen Rippe (Wand) des Big Dog Bypass-Gefälles, das in den Jahren 2021-2022 angelegt wurde, um einen sicheren Zugang zur Big Dog-Zone für Bohrungen und Probenahmen zu ermöglichen, wurden drei Oberflächenproben entnommen.
Diese Proben ergaben einen Gehalt: 192,35 oz/t (5.984,72 g/t) Silber und 10,7% Kupfer. 50,88 oz/t (1.582,54 g/t) Silber und 4,51% Kupfer, und 3,3 oz/t (102,64 g/t) Silber und 1,72% Kupfer.
DDH BDD104 durchteufte 15 ft (4,5 m) mit einem gewichteten Durchschnitt von 4,1 oz/t (127,34 g/t) Silber."
Quelle: https://de.marketscreener.com/kurs/aktie/...e-Bohrprogramms-46949921/ ...
... schon vom 10-JUN-2024:
Bayhorse Silver Inc, (BHS: TSX-V, BHSIF: OTCQB, 7KXN: FRANKFURT) (the “Company” or “Bayhorse”) reports that it has received approval for its up to 10,000 ft (3048 m) diamond drill program on the recently completed VTEM survey area that shows a large low resistivity anomaly that may represent an intrusive mass at its Pegasus Project in Idaho, one mile east of its Bayhorse Silver Mine, Oregon, USA. - [...] - The low resistivity anomaly extends over a mile (1.6 km) from the NNW to the SSE and is believed to extend past the VTEM survey area to the south of the 4 sq/mile (1036 ha) Pegasus claim group.
Bayhorse CEO, Graeme O’Neill, comments “early drill permitting is necessary to avoid delays during the favorable summer drilling season, and our technical team has done wonders in getting the permitting completed so quickly.”
... schon vom 20/23-JUN-2024:
Bayhorse Silver Inc, (BHS: TSX-V, BHSIF: OTCQB, 7KXN: FRANKFURT) (the “Company” or “Bayhorse”) reports that the installation of three groundwater test wells is underway at its Bayhorse Silver Mine, Oregon, USA to complete the final part of its baseline studies required for the Company’s full Mine Operating Permit.
The three test wells, two of 150 foot depth, and one of 750 foot depth, are to determine whether any groundwater is present around the Bayhorse Silver Mine that may be affected by planned mining operations. The wells are expected to be drilled and completed by the end of the first week of July.
The test wells are being installed under the direction and supervision of HDR Engineering, of Boise, Idaho, through a ground water test plan approved by Oregon’s Department of Geological and Mineral Industries (“Dogami”).
Bayhorse CEO, Graeme O’Neill, comments “It has taken a year from the initial planning stage, to approval of the ground water test well drilling program. Now that it is underway, we are in the final stages of our full Mine Operating Permit application to get back to mining operations.”
Und kann Bayhorse Silver davon profitieren?
The Bayhorse drilling programt is the first drilling conducted outside the reported Current 6.3 Million Ounce NI-43-101 Inferred Silver Resource area, targeting a calculated intercept of the large low-resistivity anomaly that the Company believes to be a potential porphyry copper, which begins approximately 498 ft (151 m) below the Bayhorse Silver Mine main haulage way workings and ends approximately 1,020 ft (309 m) for a minimum 522 ft (158 m) vertical extent.
The Bayhorse Silver Mine, that also has copper/gold/antimony and zinc mineralization lies in close proximity (6 km) to the historic Gleason Gold Mine, where free milling gold was mined up until the mid 1920's and where Bayhorse sampled 139.96 g/t (4.5 o/t) gold in 2022, and the historic Connor Creek gold mine lies 9 km to the north. Connor Creek is 7 km west of the Hercules Metals ("Hercules") historic Mineral Project silver property that lies 11 km north of the Bayhorse Mine. (Fig. 1)
The Bayhorse exploration model holds that the silver/copper rich mineralized rhyolite at the Bayhorse Silver Mine could have its source in underlying shallow granites that may be conductive porphyry copper bodies as reflected by the low-resistivity anomalies. The highest silver/copper grade identified at the Bayhorse Silver Mine is 15% Silver, 17% Copper (BHS2014-01) while gold values up to 10 g/t have been reported from historical mining (Silver King Mines 1984).
Bayhorse geologists (Conway, 2024) believe that a regional magmatic episode took place on the order of 180 million years ago which mineralized structures from Hercules Mt. Cuddy project to the northeast and on down to the Company's Pegasus project in Idaho and beneath the Bayhorse mine itself. VTEM surveys, mapping and drilling are providing evidence of this episode.
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Figure 1 Silver/Copper/Gold mineralization in close proximity to the Bayhorse Silver Mine
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5015/...0ae2438e82a_001full.jpg
Hercules recently disclosed significant copper intercepts at its Mt Cuddy porphyry copper project, 44 km north of the Bayhorse Silver Mine/Pegasus Project. The Company was very interested in the recent Hercules townhall largely featuring Barrick Gold Exploration ("Barrick"). Barrick stated that while it was a partner of Hercules's, it was also a competitor. Barrick has staked a large position from Hercules Mt. Cuddy Project all the way up the Snake River, through Mineral and butting up to Bayhorse's Pegasus project in Idaho.
Bayhorse Silver CEO, Graeme O'Neill, notes that permitting is in its final stages at the Bayhorse Mine, that has some minor gold credits along with the reported 6.2 million ounce at 21.6 ounce per ton inferred silver resource, (Apex, 2018). The rapid appreciation of the gold price, from US$2,000's at the beginning of 2024, to the currently now over US$2,700 per ounce, and the US$ silver price closing recently at US$33.62 per ounce is positive for the Company's future mining prospects.
On October 2, 2024, the Company announced, subject to the approval of the TSX Venture Exchange, a 16 million Unit non-brokered private placement at C$0.04 cents per Unit for gross proceeds of C$640,000. Bayhorse CEO, Graeme O'Neill, has sold 7.25 million common shares through arranged sales, and through the facilities of the TSX Venture Exchange, the proceeds of which will be used to subscribe for an equivalent amount of 7.25 million Units in the Placement.
Each Unit will consist of one common share, and one transferable common share purchase warrant. Each warrant will be exercisable into one common share of the Company at a price of C$0.08 cents per common share for a period of 24 months from the date of issuance.
The funds received are to conduct the planned underground drilling program (70%) at the Bayhorse Silver Mine to test for the presence of a porphyry copper deposit, as announced in the Company's news release BHS2024-19, to further advance the mine permitting (10%) and general and administrative expenses (20%). None of the private placement proceeds will be paid to non-arm's length parties or persons conducting investor relations activities. In addition to any other exemption available to the Company, participation in the non-brokered financing is also open to all existing shareholders, even if not accredited investors, under the "existing shareholder" exemption of National Instrument 45-106 as promulgated in Multilateral CSA notice 45-313 in participating jurisdictions.
Finder fees may be payable on a portion of the financing not taken down by insiders according to the policies of the TSX Venture Exchange.
Securities issued under this placement will be subject to a four month plus a day hold period from the date of issuance.
This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its content. Mark Abrams, AIPG, a Qualified Person has prepared, supervised the preparation of, or approved the technical content of this press release.
On Behalf of the Board.
Graeme O'Neill, CEO
866-399-6539
2024-10-23 20:51 ET - News Release
Mr. Graeme O'Neill reports
BAYHORSE SILVER INCREASES PRIVATE PLACEMENT TO 20 MILLION UNITS, CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
Subject to the approval of the TSX Venture Exchange, Bayhorse Silver Inc. has increased the size of its previously announced non-brokered private placement to 20 million units for gross proceeds of $800,000. The company further announces that, subject to the approval of the TSX Venture Exchange, it will close a first tranche of the non-brokered private placement of 12,587,500 units on Oct. 24, 2024, for gross proceeds of $503,500.
Each unit will consist of one common share and one transferable common share purchase warrant. Each warrant will be exercisable into one common share of the company at a price of eight cents per common share for a period of 24 months from the date of issuance.
The funds received are to conduct the planned underground drilling program (70 per cent) at the Bayhorse silver mine to test for the presence of a porphyry copper deposit, as announced by the company's news release, to further advance the mine permitting (10 per cent), and for general and administrative expenses (20 per cent). None of the private placement proceeds will be paid to non-arm's-length parties or persons conducting investor relations activities. In addition to any other exemption available to the company, participation in the non-brokered financing is also open to all existing shareholders, even if not accredited investors, under the existing shareholder exemption of National Instrument 45-106 as promulgated in Multilateral Canadian Securities Administrators' notice 45-313 in participating jurisdictions.
Subject to the approval of the TSX Venture Exchange, the company will pay cash finders' fees of $1,050 and issue 26,250 finders' warrants, which are exercisable into one common share of the company at a price of eight cents per common share for a period of 24 months from the date of issuance. Any shares issued pursuant to the finders' warrants are subject to a hold period expiring on Feb. 25, 2025, for the first tranche.
Securities issued under this private placement are subject to a hold period expiring on Feb. 25, 2025, for the first tranche.
Bayhorse chief executive officer Graeme O'Neill has subscribed for 9,125,000 units (72 per cent) of the first tranche of the private placement. He has financed his subscription partly through arranged sales and through the facility of the TSX Venture Exchange. Bayhorse chief financial officer Rick Low has subscribed for 250,000 units (2 per cent) of the private placement. This participation by Bayhorse's CEO and CFO constitutes a related-party transaction as defined under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the units acquired by the insider nor the consideration for the units paid by such insider exceeds 25 per cent of the company's market capitalization.
Finders' fees may be payable on a portion of the financing not taken down by insiders according to the policies of the TSX Venture Exchange.
Securities issued under this placement will be subject to a four-month-plus-a-day hold period from the date of issuance.
About Bayhorse Silver Inc.
Bayhorse is an exploration and production company with a 100-per-cent interest in the historic Bayhorse silver mine located in Oregon, United States, and the Pegasus project in Washington county, Idaho. The Bayhorse silver mine and the Pegasus project are 44 kilometres southwest of Hercules Metals' porphyry copper discovery. The Bayhorse mine includes a state-of-the-art Steinert ore-sorting technology reducing waste rock entering the processing stream by up to 85 per cent. The company has created a minimum environmental impact facility capable of mining 200 tons of mineralization per day and the ability to process and supply 3,600 tons per year of silver and copper concentrate ranging between 7,500 and 15,000 grams per tonne using standard flotation processing at its milling facility in nearby Payette county, Idaho, United States, with an offtake agreement in place with Ocean Partners U.K. Ltd. The company also has an option to acquire an 80-per-cent interest in the Brandywine high-grade silver/gold property located in British Columbia, Canada. The company has an experienced management and technical team with extensive mining expertise in both exploration and building mines.
© 2024 Canjex Publishing Ltd. All rights reserved.
Hercules Intersects Shallow Porphyry Mineralization and New Hydrothermal Breccia
Toronto, Ontario--(Newsfile Corp. - November 4, 2024) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules Metals" or the "Company") is pleased to provide an update on recent drilling as further assay results remain pending at the Leviathan porphyry copper system in western Idaho ("Hercules" or the "Property"). RC drilling has advanced rapidly with three holes completed and a fourth in progress, including HER-24-17 being completed to 975m. Three new holes stepped to the southeast, HER-24-19 through -21, all intersected early biotite alteration with mineralization beginning progressively closer to surface, starting as early as 72m true depth in hole 24-20. The depth to mineralization continues to shallow toward a large untested copper anomaly at surface to the east.
Highlights
Mineralization begins at 72m depth in HER-24-20 and remains open toward a large surface anomaly.
Mineralized early biotite alteration intersected in 3 new holes to the southeast - and potentially plunging under HER-23-14, previously thought to be the edge of the system.
A separate zone of early biotite was also encountered at depth in holes HER-24-08 and HER-24-12, which may be related to a separate intrusive center to the north.
New magmatic-hydrothermal breccia pipe discovered by HER-24-20 represents a new target type, with vertically extensive potential.
Mineralized envelope continues to expand - remains open in multiple directions.
RC drilling continues to provide additional value, testing new targets rapidly, both pre-collar and otherwise.
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Figure 1: Drill Plan with grade bars for copper (orange) and molybdenum (blue) for holes with assays received. Approximate surface projection of enrichment blanket shown in orange. Outline of early biotite alteration in purple.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/...59c742978c7_002full.jpg
Geological Summary
Drill holes HER-24-19 through -21 begin in shallow phyllic alteration associated with the enrichment blanket and transition with depth into varying degrees of biotite alteration consistent with an outer potassic shell. These new holes have significantly expanded the zone of early biotite alteration which shows increasing strength toward the south.
Of note is a separate zone of early biotite encountered at depth in holes HER-24-08 and HER-24-12 which have the potential to be related to a yet undiscovered intrusive center to the north.
HER-24-05 encountered a plug of late porphyry associated with a chargeability low, however high chargeability continues further south of Camp Creek and remains to be tested. Core drilling failed to reach the unconformity at this southern target but depending on weather conditions, Legacy Drilling may be able to test for further extensions of the system in this direction.
Legacy was able to complete HER-24-17 to the maximum working depth capacity of the RC rig at 975 m in very challenging ground conditions. The alteration encountered will be interpreted once geochemical and spectral results have been received and processed on the fine chips.
HER-24-19 and -21 both intersected enrichment blanket followed by intermediate sulfidation pyrite-chalcopyrite which remains open down plunge to the southeast. HER-23-14 was drilled at a shallow angle to the southeast in 2023, which is now interpreted to be subparallel with the plunge of the system. This may explain why the hole remained in the same distal alteration it started in, throughout its length. Future drilling will test underneath 23-14 by drilling northwest, against the plunge of the system.
Prior to entering the enrichment blanket, HER-24-20 intersected a compelling new magmatic hydrothermal breccia from 76m to 157m downhole, representing the first of its kind to be intercepted at Hercules. The breccia consists of strongly veined clasts of porphyry and wall rock within a fine chloritic matrix that becomes progressively more intrusive in nature near its footwall contact. Intermediate sulfidation pyrite-chalcopyrite mineralization occurs in the latter half of the intercept, within the matrix as well as clasts, and appears to increase in intensity downwards. The hole currently remains in progress in early biotite alteration.
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Figure 2: Examples of hydrothermal magmatic breccia intersected from 76m to 157m in HER-24-20. Bottom photo - chlorite altered hydrothermal matrix. Top photo - oxidized/hematitic matrix. Clasts exhibit strong quartz vein stockworks.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9425/228739_herculesrock.jpg
Core photographs for the breccia intercept in HER-24-20 can be viewed on the Company's website at the following link: https://www.herculesmetals.com/hercules/core-photos/
Qualified Person
The scientific and technical information in this news release has been reviewed and approved for disclosure by Christopher Longton BS, CPG, Hercules' Vice President, Exploration. Mr. Longton is a "Qualified Person" for Hercules Metals within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About Hercules Metals Corp.
Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) is an exploration Company focused on developing Idaho's newest copper and silver district.
The 100% owned Hercules Project located northwest of Cambridge, hosts the newly discovered Leviathan porphyry copper system, one of the most important discoveries in the region to date. The Company is well positioned for growth through continued drilling, supported by extensive historical and current exploration and a strategic investment by Barrick Gold.
With the potential for significant scale, the Company's management and board of directors aims to build on its proven track record which includes the discovery and development of numerous precious metals projects worldwide.
For further information please contact:
Nisha Hasan
Investor Relations
Telephone +1 (604) 425-1408
Email: nisha@herculesmetals.com