Mr. Graeme O'Neill reports

BAYHORSE SUBMITS 111 BRADYWINE CORE SAMPLES FOR ASSAY

Bayhorse Silver Inc. has submitted 111 HQ core samples from the 2010 Brandywine drilling program that were undertaken to test drilling results from a 1995 drilling program by La Rock, in which gold assaying returned values of up to 36.9 grams per tonne over 1.5 metres and 8.57 g/t over 4.6 m (Dunn 2011).

A review in September, 2019, of the drill core from the 2010 exploration program at Brandywine, confirmed that visible gold was encountered in some mineralized zones within the three short HQ-size cores totalling 175.6 metres. Bayhorse geologists resampled the entire core lengths, that has been held in secure storage, to better understand the extent of the gold zones.

Bayhorse chief executive officer Graeme O'Neill comments, "Compiling and overlaying all the historic results has provided us a much better picture of the gold and silver exploration potential of property outside the core mineralized zones, where high-grade gold was either mined, at the Tedi Pit, or drilled at Dave's Pond."

The 200 m by 100 m Dave's Pond target was only partially tested by the Auramex drilling in 2010.

A total of 111 core samples, ranging in weights from 2.6 kilograms to 8.3 kg each, were collected to analyze the full suite of 43 elements with total digestion and inductively coupled plasma mass spectrometry finish. Forty-five of these samples, from mineralized zones, are being analyzed using metallic screen fire assay for gold using 1,000-gram weights in addition to standard 30-gram pulp assays. Activation Laboratories Ltd. in Kamloops, B.C., is preparing and analyzing the samples. Quality assurance/quality control protocols have been applied using certified pulp standards and blanks inserted into the analytical stream. Assays are pending.

Bayhorse has submitted a notice of work on the Brandywine property in September this year to carry out 1,500 m of drilling within the Dave's Pond gold target. Systematic follow-up exploration of the gold anomaly along strike will be accompanied by testing of a multi-element anomaly marked by highly elevated lead in soils extending north-south for two kilometres along the western flank of the gold anomaly.

In 1989, Placer Dome carried out surface exploration to test the areas surrounding historical showings of polymetallic sulphide mineralization. Of the total 130 rock samples collected, 16 returned silver contents exceeding 1,000 g/t (32 ounces per ton Ag) with the highest value of 1,800.64 ounces per ton silver (sample No. 50624). Some mineralized rock samples showed gold values ranging from 125 parts per billion to 6.2 g/t (sample No. 43464).

The company advises that a qualified person has not done sufficient work to verify the historical sampling results. Chip and grab samples are selected samples and may not be representative of the mineralization hosted on the property.

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

About Bayhorse Silver Inc.

Bayhorse, a junior exploration company, has earned 100-per-cent interest in the historic Bayhorse silver mine in Oregon and has optioned the Brandywine precious metals-rich volcanogenic massive sulphide property located in B.C. The company has an experienced management and technical team with extensive exploration and mining expertise.