FAQ: Honey Badger Silver's Plata Project Expansion and Gold Exploration

What is the main announcement about Honey Badger Silver’s Plata project?

Honey Badger Silver has expanded its 100%-owned Plata project by staking an additional 1,546 hectares, increasing the total claim package by 18% to strengthen gold exploration targets.

Why did Honey Badger Silver decide to expand the Plata project?

The expansion decision was based on promising field observations and a review of historical data that highlighted significant gold anomalies along the Plata Thrust, where grab samples returned high-grade gold over 900 meters.

What specific gold discoveries prompted this expansion?

The company identified high-grade gold grab samples along the Plata Thrust that remain open in both directions, plus a large, underexplored gold-in-soil anomaly that will be targeted for exploration.

Where is the Plata project located?

The Plata high-grade silver project is located 165 km east of Yukon’s prolific Keno Hill and is adjacent to Snowline Gold’s Rogue discovery.

What are Honey Badger Silver’s exploration plans for the expanded project?

The company plans to explore both the Plata and parallel Rogue thrusts for their gold potential, focusing on the identified gold anomalies and underexplored areas.

What other significant projects does Honey Badger Silver own?

The company owns the Sunrise Lake project in the Northwest Territories with historic silver resources, the Clear Lake Project in Yukon Territory with historic silver and zinc resources, and significant land holdings at the Nanisivik Mine Area in Nunavut that previously produced over 20 Moz of silver.

Are the historical resource estimates considered current mineral resources?

No, a qualified person has not done sufficient work to classify the historical resources as current mineral resources, and the company is not treating the estimates as current mineral resources - additional verification work would be required.

How can investors get more information about Honey Badger Silver?

For more information about the company, investors can visit www.honeybadgersilver.com or view the full press release at https://ibn.fm/gMVPq.

What is Honey Badger Silver’s primary focus as a company?

Honey Badger Silver is a silver company led by an experienced leadership team with a track record of value creation, focused on projects in areas with long mining histories across Canada’s northern territories.