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Project: | Thunder Bay | |
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Deposit: | Thunder Bay | |
Location: | Canada | |
Commodities: | Silver-Cobalt-Copper-Zinc | |
Date: | 8/29/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 29-8-2018: 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, Aug. 29, 2018 -- Honey Badger Exploration Inc. (T | |
Resources: | x | |
CP/QP: | [Overall Report]: Quentin Yarie (Internal) | |
ABSTRACT: | TORONTO, Aug. 29, 2018 -- Honey Badger Exploration Inc. (TSX-V: TUF) (“Honey Badger” or the “Company”) has received all the initial assay results from its Spring 2018 drilling program at its Thunder Bay Cobalt-Silver Project. The program totaled 1,525 metres and was the first ever to target the Beaver Mine from surface. The program successfully achieved its two main objectives; (i) proving that silver mineralization extends beyond the historic mine workings; and (ii) identifying that other minerals of economic importance, such as cobalt, exist in the system. In July 2018, following the discovery of cobalt and silver in previously unsampled lithologies, Honey Badger resampled 206 metres of drill core from the Spring 2018 drilling program. Assay results from the follow-up sampling are expected within the next 8 weeks. *Initial results indicate that the initial sampling ended in mineralization and that Honey Badger’s follow-up sampling completed in July 2018 could discover additional mineralization. Quentin Yarie, Honey Badger’s President and CEO commented: “With this initial drill program, we focused on a very small area of our overall land package and already discovered impressive zones of cobalt and silver mineralization. Our results to date confirm the potential of our Thunder Bay Project. We anticipate that diamond drilling near the historic mines and the favourable structures on our property, combined with a systematic sampling of all the geological units, will likely result in the discovery of additional zones of silver and cobalt mineralization. Our Fall 2018 exploration program will be focused on discovering new zones of mineralization and expanding the zones of cobalt and silver mineralization we have just discovered.” | |
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