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Bayhorse bridging the gap

Bayhorse Silver (TSXV:BHS) is raising money to expand production at its small silver mine in Oregon as it continues to juggle regulatory and revenue pressures with its unusual mining approach.

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High-grade silver/copper mineralisation from 900ft into the Bayhorse silver mine

The Oregon-based small-scale miner has built a silver mine for a little over US$6 million in about four years, without a compliant Canadian National Instrument 43-101 study to back up the mine plan.

Typically explorers go through numerous 43-101 stages, spending a lot of money to undertake testing and studies and "poking little holes in the ground ... and modelling", CEO Graeme O'Neill told this week's Silver & Gold Summit in Sa...