Honey Badger Unlocking Value on the Ground at Nanisivik

Core Viewpoint - Honey Badger Silver Inc. is advancing its exploration efforts at the Nanisivik Project in Nunavut, having identified new occurrences of massive zinc-lead sulphide mineralization and demonstrating significant potential for critical minerals and silver production [1][2]. Exploration Program - The company has completed orientation geophysical surveys on two of three high-priority targets, with significant findings in the form of new mineralization at the surface [1][5]. - Historical drilling data has revealed several significant silver and zinc intercepts in three priority target areas: Deb, Ocean View North, and Area 14 [3][4]. Target Areas - Deb Target: Located approximately 3 km southwest of the main orebody, significant intersections include 1.3m of 54.9 g/t Ag and 5.74% Zn, 0.7m of 263 g/t Ag and 34.6% Zn, and 0.6m of 290 g/t Ag and 43.0% Zn [8][15]. - Ocean View North Target: Approximately 1.7 km east-northeast of the main orebody, significant intersections include 5.3m of 97.6 g/t Ag and 22.79% Zn, and 1.3m of 116 g/t Ag and 20.3% Zn [9][10]. - Area 14: Located about 1.8 km southeast of the main orebody, significant intersections include 2.3m of 280.0 g/t Ag and 27.43% Zn, and 3.0m of 143.3 g/t Ag and 26.16% Zn [11][15]. Geological Characteristics - The exploration work has involved ground geophysics to map subsurface sulphides, reconnaissance prospecting, and sampling of known massive sulphide outcrops [5][6]. - The identified mineralization in Area 14 has been mapped over an area of approximately 300 meters by 30 meters, with ongoing efforts to delineate its full extent [7]. Historical Context - The Nanisivik Mine produced over 20 million ounces of silver from 1976 to 2002, with significant remaining massive sulphide bodies totaling about 100 million tonnes still in place [19]. - The company has increased its mineral tenure around the Nanisivik Mine by staking an additional 10 claims totaling 7650.4 hectares, covering geophysical anomalies identified in historical data [17].