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Honey Badger Exploration Inc.

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Summary

Project:

Thunder Bay

Deposit:Thunder Bay
Location:Canada
Commodities:Lead-Zinc-Silver
Date:8/8/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:8-8-2019: Honey Badger Exploration Inc. announces an Exploration/Drilling Update report for its Thunder Bay deposit at the Thunder Bay project. Drilling results incl. 2m @ 0.1% Zn, 98g/t Ag from 34.1m. Toronto, Ontario – August 8, 2019 – Honey Badger Expl
Resources:x
CP/QP:[Overall Report]: Quentin Yarie (Internal)
ABSTRACT:Toronto, Ontario – August 8, 2019 – Honey Badger Exploration Inc. (TSX-V: TUF) (“Honey Badger” or the “Company”) announces the final assay results for its 2019 drilling program that was completed in June 2019. In addition to the Beaver Vein, the remaining holes of the program were targeting favorable structures in the predicted extensions of the veins mined in the Elgin and the Stewardson mines (Figure 1). Honey Badger drilling was successful in both proving the continuity of the structures hosting historic Elgin and Stewardson mines and identifying silver-lead-zinc mineralization. Honey Badger also discovered three new silver-bearing structures in the black shales of the Rove Formation. Two are located near the Beaver Mine and the other is located near the Stewardson Mine. These new discoveries along with the previous announced high grade silver intersects in BM-19-014 of 1,004 g/t Ag over 4 metres, including 1,674 g/t Ag over 2.4 metres (core length) and a second silver-bearing vein and contains 69.2 g/t Ag over 1.8 metres (core length) prove that the these structures have considerable lateral extension. The Company will focus on extending these high-grade intersections along strike and to depth. In the Beaver Mine area, the Beaver Cobalt Zone was extended over 130 metres from its intersection in hole BM-18-004. However, as the cobalt zone is not associated with recognizable visual indicators in the diabase sill that hosts it, the structure controlling the Beaver Cobalt Zone remains undefined.

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