Mr. Graeme O'Neill reports

BAYHORSE GEOLOGICAL TEAM ASSESSING THE BRANDYWINE VMS - PRECIOUS METALS PROJECT

Bayhorse Silver Inc. has commenced geological operations at its precious-metals-rich Brandywine volcanogenic massive sulphide project, British Columbia, Canada.

The company has confirmed historic gold and silver drill hole locations and located the historic drill core. The team has identified the width and strike of the partially mined Tedi zone. The mineralized zone is exposed across a 100-foot-wide zone, running 400 feet along strike.

The previously mined quartz and silver tunnels have been located. From the quartz tunnel, elevation at 607 metres (1,991 feet) through the Dave's Pond mineralized zone and up to the Tedi pit at 943 metres (3,090 feet) suggest a minimum vertical extent of 330 metres (1,100 feet).

The known reported strike length of 1.8 kilometres (5,900 feet) between the quartz tunnel and the Tedi pit is derived from past exploration, mineralization presence and former mining activity.

Reported production from the Tedi pit (Minfile) was 10,385 tonnes with recoveries of 23,054 ounces per silver, 11,045 ounces per gold, 363,386 pounds of lead, 352,424 pounds of zinc and 26,534 pounds of copper.

A later 4.5-metre sample from the north pit at Tedi reportedly graded 1.6 grams per tonne (g/t) gold, 150 g/t silver, 1.71 per cent copper, 10.95 per cent lead and 14.08 per cent zinc.

A three-hole 2010 drill program was conducted by Auramex at Daves Pond to confirm the high gold grades reported by La Rock mining in 1995; the highest gold value reported was in hole BRW-7 that assayed 1.63 g/t gold over 1.52 metres. However, it reported that a 30-centimetre-long interval containing visible gold (VG) was excluded from the sample and not assayed. The description of the visible gold section suggests the presence of a nugget effect.

Hole BRW-5 assayed 6.2 g/t Au over 1.5 metres and BRW-6 assayed 3.3 g/t gold over 1.5 metres.

Bayhorse chief executive officer Graeme O'Neill comments: "The Brandywine project brings us a significant, well-advanced, drill-ready, gold and silver project to Bayhorse to complement our high-grade Bayhorse silver mine. After visiting Brandywine with our highly experienced geological team and seeing the easy access, with well-developed drill pads in place, and the ability to work year around, we believe the exploration will be very cost-effective."

The readily accessible, 1,432-hectare brownfield Brandywine project has undergone several mining and exploration phases, including bulk tonnage shipments to smelters, extensive drilling, and extensive geochemical and geophysical studies.

The most definitive indications of the nature of the mineralization on the property are two smelter shipments as follows:

1. A 50-tonne bulk sample in 1967 grading 83.1 g/t gold, 354 g/t silver, 9.9 per cent lead, 7.4 per cent zinc and 0.30 per cent copper per tonne to East Helena, Mon., smelter from the silver tunnel and main zone.
2. A 500-tonne sample grading 14.2 per cent lead, 12.5 per cent zinc, 339 g/t silver and 2.57 g/t gold per tonne to the Cominco smelter in Trail in 1977.

The company advises that the information is of a historic nature. Historic production estimates and grades reported have not been verified. A qualified person has not done sufficient work to verify the historical estimates, nor classify the historic estimates as current mineral resources or mineral reserves, and the company is not treating the historical estimates as current mineral resources or mineral reserves.

The detailed drill data available from prior extensive work by several exploration groups is preserved and will serve as a basis for confirmation drilling of the known sulphide mineralization target areas that is currently being planned.

The work program at Brandywine is being financed through a recently announced flow-through financing.

The company has granted 1.4 million stock options to directors, officers and consultants that fully vest on the date of grant and are exercisable at an exercise price of 10 cents on or before Aug. 22, 2024. Bayhorse chief executive officer Graeme O'Neill has exercised 750,000 incentive stock options at 10 cents for net proceeds to the company of $75,000.

This news release has been prepared on behalf of the Bayhorse Silver board of directors, which accepts full responsibility for its contents. Dr. Stewart Jackson, professional geoscientist, a qualified person and consultant to the company, has prepared, supervised the preparation of and approved the technical content of this press release.