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.
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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.