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File: BHS2016-20TR.docx

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November 15, 2016                                                                                                     
--->             BHS2016-020

BAYHORSE SILVER REPORTS ON DRILL PROGRAM, BRIDGING THE GAP PROJECT, KELLOGG, IDAHO, USA, AND FILES A NATIONAL INSTRUME
--->NT 43-101 REPORT.

Bayhorse Silver Inc. BHS: TSX-V (the "Company" or "Bayhorse") reports on the Bridging the Gap (BTG) Silver Property in
---> Shoshone County, Idaho, located on the western end of the prolific Coeur d'Alene Mining District between the historic
--->al  Bunker Hill mine  to the east and the Page Mine to the west. 

Three holes totaling 444.8m (1,459.4 ft)  penetrated both the Crown Point target and  the Osburn Fault Zone  intersect
--->ing  St. Regis Formation in the hanging wall and Prichard Formation in the footwall.   Complex structures in this hole
---> include breccia, folds, shear zones, and faults that exhibit sericitic plus or minus clay plus or minus pyrite altera
--->tion and mineralization.   Alteration and mineralization occur in both the hanging wall and footwall of the Osburn Fau
--->lt Zone.  

Bayhorse CEO Graeme O'Neill is pleased to announce today's filing on SEDAR of the  first National Instrument  43-101 T
--->echnical Report on the Bridging the Gap Project authored by Dr. Gerald E. Ray, QP.
He comments "The current drill program is based upon a 1979 planned drill program by Bunker Hill Mines in preparation 
--->for reopening the Crown Point Silver King workings, that historically graded 10 oz/t silver, but was never carried out
--->. The Company's geological consultants are pleased with the initial drill results and are planning follow up drill hol
--->es." 

This  initial surface drilling focused on testing the Crown Point and Shea targets.   Both are located in the hanging 
--->wall of the east-striking Osburn Fault Zone that underwent 12 to 19 miles (20 to 30 km) of right-lateral strike slip d
--->isplacement.  The Crown Point and Shea targets have been modeled as east-striking structures/veins that lie subparalle
--->l to the Osburn fault zone.

 Lithologically  the BTG property is  dominated by mid-Proterozoic basin-fill sedimentary rocks of the Belt Super-grou
--->p that  include the  St. Regis, Revett, Burke, and Prichard Formations. The complex structural geology, not well descr
--->ibed in historical publications, includes multiple episodes of brittle and plastic deformation as observed in the curr
--->ent Bayhorse  drill holes. The property lies on the northeastern limb of the Pine Creek Anticline, and in the footwall
---> of the southeast-striking Page-Government Gulch reverse fault.  

The BTG Property, not available for exploration for over 76 years, includes six former ASARCO-owned and operated under
--->ground mines and prospects.  These include the Crown Point, Silver King, Wyoming, and Blackhawk Mines which produced o
--->ver 2 million ounces of silver  and byproduct Pb and/or Zn  from 1901-1944, primarily from sulfide-mineral bearing vei
--->ns.  Also included are the Curlew and Ranger Mines for which no production data is available.  

Diamond drill core from this drill program is currently being logged and processed, and will be submitted for geochemi
--->cal analysis to the American Analytical Services Laboratory (ISO 1705 Accredited) in Osburn, Idaho.  Certified standar
--->d reference materials, blanks, and duplicate samples will  be submitted with the core samples as part of the Quality A
--->ssurance and Quality Control (QA/QC) program  being supervised at the project by Todd Johnson, Minerals Program Manage
--->r for Bayhorse Silver who is a Qualified Person (QP) as per National Instrument 43-101 guidelines. Mr. Johnson has ove
--->r 26 years of geological, mining, and geological engineering experience. 

 
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Bayhorse Silver Inc., a junior exploration company, is earning a 75% interest in the past producing Bridging the Gap P
--->roject, consisting of ASARCO's historic Crown Point, Silver King, Ranger, Wyoming, Curlew, and Blackhawk silver/lead/z
--->inc mines in Idaho's Silver Valley. Bayhorse is also earning an 80% interest in the historic Bayhorse Silver Mine, Ore
--->gon, USA. 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. 
Dr. S. A. Jackson, PGeo. , a Qualified Person and Technical Advisor to the Company has prepared, supervised the prepar
--->ation of, or approved the technical content of this press release.
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.