Mr. Graeme O'Neill reports

BAYHORSE SILVER SUBSTANTIALLY INCREASING IDAHO MINERAL TENEMENTS

Bayhorse Silver Inc. has received preliminary results of the recently completed Geotech Ltd. helicopter-borne VTEM (versatile time-domain electromagnetic) and horizontal magnetic gradiometer geophysical survey over its Bayhorse silver mine property in Oregon and Idaho, United States.

On the basis of the preliminary results, the company is substantially increasing the number of its claims and exploration area in Idaho to 2,460 acres.

A comprehensive review of the final VTEM results, when received, will be undertaken by the company's geophysical and geological consultants. The company expects to receive the final VTEM report within the next two weeks.

The VTEM survey over the entire Bayhorse property in both Idaho and Oregon was to determine whether a long-postulated feeder anomaly is present at the Bayhorse mine that could indicate the presence of either more high-grade silver mineralization or a porphyry copper deposit.

The Bayhorse and Hercules silver property, 44 kilometres to the northeast of the Bayhorse mine, have similar geological settings and copper/silver mineralization, including significant copper, antimony and zinc credits.

The company's senior geological consultants believe that it is also possible that the silver-rich Bayhorse epithermal mineralization may also be underlain by a gold-rich zone, as suggested by Buchanan's 1981 model.

This news release has been prepared on behalf of the Bayhorse Silver board of directors, which accepts full responsibility for its content. Mark Abrams, AIPG-certified (American Institute of Professional Geologists) professional geologist, a qualified person and director of the company has prepared, supervised the preparation of and approved the technical content of this press release.

About Bayhorse Silver Inc.

Bayhorse Silver is an exploration and production company with a 100-per-cent interest in the historic Bayhorse silver mine located in Oregon, United States. With state-of-the-art Steinert ore-sorting technology reducing waste rock entering the processing stream by up to 85 per cent, Bayhorse has created a minimum environmental impact facility capable of mining 200 tonnes of mineralization per day and the ability to process and supply 3,600 tonnes per year of silver/copper/antimony concentrate ranging between 7,500 and 15,000 grams per tonne silver and 10 per cent to 12 per cent copper, 10 per cent to 12 per cent antimony, and 15 per cent to 18 per cent zinc using standard flotation processing at its milling facility in nearby Payette county, Idaho, United States, with an offtake agreement in place with Ocean Partners U.K. Ltd. The company also has an option to acquire an 80-per-cent interest in the Brandywine high-grade silver/gold property located in British Columbia, Canada. The company has an experienced management and technical team with extensive mining expertise in both exploration and building mines.