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BAYHORSE SILVER ANNOUNCES INITIAL 2026 WORK PROGRAM OBJECTIVES

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Executive Summary

Bayhorse Silver Inc has outlined its strategic work program objectives for the first half of 2026, marking a continued focus on advancing its flagship Bayhorse Mine project. The company announced that a key priority will be completing the final groundwater baseline study, which represents a critical component required for obtaining the Full Mine Operating Permit. This regulatory milestone is essential for transitioning the project from exploration and development phases to full commercial production.

The groundwater baseline study completion demonstrates Bayhorse's commitment to environmental compliance and sustainable mining practices. Such studies are typically comprehensive assessments that establish pre-mining water quality conditions and are fundamental requirements for mining permits in most jurisdictions. The completion of this study indicates the company is progressing through the final regulatory hurdles before commencing full-scale operations.

For the silver mining sector, this announcement reflects the ongoing development of new production capacity at a time when silver demand continues to be supported by both industrial applications and investment demand. The progression toward a Full Mine Operating Permit positions Bayhorse to potentially contribute to North American silver supply, which has strategic importance given supply chain considerations and critical minerals policies. The company's multi-exchange listing on TSX Venture, OTCQB, and Frankfurt provides broad investor access and liquidity for stakeholders monitoring the project's advancement toward production.
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