It's hard to tell exactly what's going on from pics, but "sort-of, yes" is my answer!
Silver chloride is a crystalline substance which melts when it comes into contact with the heat of the glass. This allows it to trail around the surface.
As it gets hotter and hotter, the silver and chlorine atoms seperate, giving silver ions and chlorine gas.
Silver reacts with clear glass to give a yellow-ochre (depending on the concentration of ions) colour in the glass, or the silver ions, (in a gaseous form) can give rise to a beautiful ethereal misty blue inside a clear casing, or be a blueish-silvery and yellowish-silvery deposit on the surface.
Your piece does seem to have a blueish ethereal tinge on the surface - but I can't tell if it's been fumed to give a different sort of iridescent surface before the silver chloride was added - which it might have been....
Silver Chloride and glass together do amazing things!