VANCOUVER, BC, May 12, 2016 /CNW/ - Bayhorse Silver Inc. BHS: TSX-V (the "Company") has reached an Agreement with GreenHawk™ Global Corporation ("GreenHawk") to install a closed-loop mine water treatment pilot plant using the patented SOLO Processing System at the Bayhorse Silver Mine near Ontario, Oregon, USA, where underground work is ongoing.
Bayhorse is marrying mining with technology to minimize mineral processing and upgrading costs and will use the SOLO technology in a closed-loop system in conjunction with Dense Media and Ore-Sorting upgrading systems. The SOLO System is a potentially cost effective and environmentally friendly method enabling recovery of additional silver values.
Bayhorse believes implementation of Green Technology is necessary for the mining industry. The SOLO System has the potential to deal with environmental issues from mining and provide solutions which will allow mines to meet more demanding environmental standards required of mining today.
Additionally, many mines produce contaminated water or mine waste that is an environmental problem if discharged untreated, giving the mining industry a black name. The SOLO System provides a solution to this problem. It is a patented technology based upon a variant of electromagnetic ionic flocculation and is a result of 20 years of research, development, and application in Mexico.
Thirteen permanent commercial installations in Mexico currently utilize the SOLO System for water and industrial waste remediation. The System is designed to not only produce clean agricultural quality water from contaminated mine effluent, but to also treat solid mine waste, such as tailings piles that can be a serious environmental issue, rendering clean back-fill and/or beneficial end use products.
SOLO is under license to GreenHawk. The Bayhorse Pilot Plant will be GreenHawk's first deployment of its SOLO technology for mining in Canada and the United States. Further information on GreenHawk and its technology can be found at http://www.ghwk.com
Subject to TSX Venture Exchange (TSX-V) approval, the Company has closed 10 Debenture Units of US$5,000 each for gross proceeds of US$50,000. Two Officers of the Company have participated as to 5 Debenture Units. Finder fees may be payable according to the policies of the TSX-Venture.
Bayhorse Silver Inc. is a junior exploration company that is earning an 80% interest in the historic Bayhorse Silver Mine in Oregon, USA, that has the potential for a substantial silver discovery, and is earning a 75% interest in the past producing Bridging the Gap Project, consisting of ASARCO's historic Crown Point, Silver King, Ranger, Wyoming, Curlew, and Blackhawk silver/lead/zinc mines in Idaho's Silver Valley. The Company has an experienced management and technical team with extensive exploration expertise. This News Release has been prepared on behalf of the Bayhorse Silver Inc. Board of Directors, which accepts full responsibility for its contents.
The technical content of this press release has been prepared, supervised the preparation of, or approved by Dr. S. A. Jackson, PGeo. , a Qualified Person and Technical Advisor to the Company.
On Behalf of the Board
Graeme O'Neill, President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Bayhorse Silver Inc.
Renseignements: Graeme O'Neill, President/CEO, Bayhorse Silver Inc., (BHS: TSX-V), 137 Ranelagh Ave, Burnaby, BC V5B 3N2, T 604-684-3394, F 888-684-0586, Toll Free: 866-399-6539