Bayshore Silver Inc (OTC: BHSIF) Stock Falls After Recent News

There were a number of companies that hit the news cycle yesterday, and some of those would be in focus today among investors. One of the companies that could be worth tracking at this point is Bayshore Silver Inc. (OTC: BHSIF). Yesterday, the company announced that it had gotten its magnetic structural interpretations and structural complexity analysis from the recent survey conducted at the Bayhorse Idaho/Oregon Geophysics Project area from Geotech. The zone in question is in the Weiser part of Idaho and the Bayhorse, Oregon, region.

In the summary report, there was a description of the results of the geophysical interpretations and the results related to magnetic modeling. The company revealed that a pair of silver exploration targets, BHP T1 and BGP T2, had been identified. In the news release, it was revealed that the BGP T1 encompassed the western half of the Bayshore Silver Mine, and the BGP T2 was situated in the north-eastern region of the Idaho part of the survey zone. The company noted that there was significant excitement about the fact that one of the Oregon side silver targets aligned well with the western part of the Bayshore Mine workings.

That was a confirmation of Bayshore Silver’s intention to extend its underground drilling activities to the west and also downslip. Graeme O’Neil, Chief Executive Officer of the company, spoke about the latest developments as well. He noted that Geotech had considerable experience in the types of surveys that it had conducted. The findings from the survey and the understanding of the company’s own geologists of the Bayshore silver mineralization had led to the discovery of highly promising drill targets at the mine and also at the Idaho properties that had been acquired recently. It could be a good time for investors to consider keeping an eye on Bayshore Silver stock.

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