Zinc Patented Claim Groups, Coeur d'Alene Mining District, Idaho, USA

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 23, 2015) - Bayhorse Silver Inc. (TSX VENTURE:BHS) (the "Company" or "Bayhorse") is pleased to announce it has entered into an Option Agreement (the "Agreement") with Blackhawk Exploration L.L.C. ("Blackhawk") to acquire a 75% interest in the past producing Government Gulch patented mining claims in the Coeur d'Alene Mining District, Idaho, USA.

Highlights:

Claim groups include 6 past producing mines
Situated between Bunker Hill and Page Mines in Idaho's prolific "Silver Valley"
Bunker Hill and Page mined up to Government Gulch claim boundaries
Patented (private) ground. No permitting required in State of Idaho
Minimizes costly & time consuming permitting for exploration/mining site operations
Free from environmental liabilities from prior production
Complete package of digitized underground mine plans/workings of all the mines

Located in Idaho's highly prolific "Silver Valley", the properties lie approximately 1 mile south of the towns of Kellogg and Smelterville off US Interstate I-90. The Government Gulch property consists of approximately 500 acres of patented claims and mineral rights that abut the Bunker Hill Mine to the east and the Page Mine to the west. Mining operations were conducted by both the Bunker Hill Mine and the Page Mine right up to the east and west boundaries respectively of the Government Gulch group of claims.

The Government Gulch property includes ASARCO's prior producing Blackhawk, Crown Point, Curlew, Ranger and Wyoming Mines. In the State of Idaho, no costly and time consuming permitting is required to conduct exploration or mining operations on existing private (patented) mining claims, realizing substantial cost savings in getting on-site operations underway.

Graeme O'Neill, President & CEO of Bayhorse Silver comments, "The acquisition of these world class silver/lead/zinc properties on patented mining claims, strategically located in Idaho's Silver Valley, are a major addition to the Company's prospects. The Government Gulch property is complementary to our near-to-test-production Bayhorse Silver Mine, also on patented mining claims, off Interstate I-84 in Oregon."

To view the maps associated with this press release, please visit the following link: http://media3.marketwire.com/docs/bhs1123maps.pdf.

ASARCO's main production was from the Page Mine with limited production from the Government Gulch mines. According to the U.S. Bureau of Mines production from the Government Gulch group of mines was over 2 million oz of silver, 9.4 million pounds of zinc and 6 million pounds of lead while the Page Mine produced 14.6 million oz of silver, 541.5 million pounds of lead, 543.3 million pounds of zinc and 19 million pounds of copper. To the east, the Bunker Hill Mine produced 156.5 million ounces of silver, 5 billion pounds of lead, 2.4 billion pounds of zinc, 23.6 million pounds of copper and 36,594 oz/gold.