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Honey Badger Exploration Inc.
Summary
| Project: | Thunder Bay | |
|---|---|---|
| Deposit: | Thunder Bay | |
| Location: | Canada | |
| Commodities: | Silver-Cobalt-Copper-Zinc | |
| Date: | 7/26/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-7-2018: Honey Badger Exploration Inc. announces an Exploration/Drilling Update report for its Thunder Bay deposit at the Thunder Bay project. Drilling results incl. 24.1m @ 0.085% Co from 115m. Toronto, Ontario – July 26, 2018 – Honey Badger Exploratio | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
| ABSTRACT: | Toronto, Ontario – July 26, 2018 – Honey Badger Exploration Inc. (TSX-V: TUF) (“Honey Badger” or the “Company”) announces partial results from 2 drill holes completed as part of its Spring 2018 drilling program at its Thunder Bay Silver Camp (8 drill holes). The drilling program was targeting the extension of the mineralized structure hosting the historic Beaver Silver Mine with reported average historical grade of 0.2565% silver (Szetu, 1969) and zones grading 3.42% silver (34,200 g/t) (Ingall, 1889). While cobalt mineralization is not reported in historical reports, Honey Badger’s 2018 drilling program discovered a wide and near-surface zone of high-grade cobalt mineralization in the Rove Shale, near the historic Beaver Mine. Quentin Yarie, Honey Badger’s President and CEO commented: “The discovery of high-grade and polymetallic cobalt mineralization in our Thunder Bay Silver Camp is very exciting. It confirms our starting hypothesis that, similar to the Cobalt Camp, wide zones of cobalt mineralization exist in the vicinities of the historic silver mines. We believe that historically, these zones were missed because they are covered by more than 50 metres of overburden and because of the cryptic nature of the cobalt mineralization in its host, the Rove Shale. We’re eagerly awaiting the other assay results from these two holes and the other six holes of the 2018 Spring drilling program to get a better sense of the potential of this discovery as well as the potential for further high-grade silver values.” | |
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