Core Viewpoint - Honey Badger Silver Inc. has expanded its Plata project by staking an additional 1,546 hectares, marking an 18% increase in the total claim size, which is strategically aimed at enhancing exploration potential for gold and silver [1][2][3]. Company Developments - The new claims were added to support two geologically promising target areas with significant gold anomalies, including high-grade gold identified in grab samples along the Plata Thrust [3][5]. - Historical exploration has focused on high-grade silver veins, but recent findings suggest the potential for significant gold deposits, particularly along the Plata Thrust and the parallel Rogue Thrust [3][10]. Exploration Insights - High-grade gold samples have been recorded, with values up to 78.3 g/t Au, and a new gold in soil anomaly has been traced for over 3 km, remaining open in three directions [5][9]. - The company is awaiting assay results from summer exploration, which are expected to provide further insights into the mineralization systems at Plata and help generate drill targets by year-end [9]. Project Background - The Plata project is located in the Tombstone Gold Belt in Yukon and has a history of producing high-grade silver, with approximately 290,000 ounces mined from surface-exposed veins [10]. - The project is adjacent to Snowline Gold's Rogue property, which contains significant gold resources, indicating a potentially rich mineralized area [5][10].

Core Insights - Honey Badger Silver Inc. has reported significant advancements in its summer field program at the Plata project in Yukon, highlighting the discovery of new 'sheeted vein' zones that may indicate the presence of reduced intrusion-related gold (RIRG) systems [1][2][3] Exploration Results - The company has extended the Sheeted Vein Zone at Northwest Plata, increasing the prospective area for RIRG mineralization to approximately 20 square kilometers within newly staked claims [4] - The Aho Zone has been materially expanded, revealing an 810 x 230 meter area of quartz veining and sulfide mineralization, overlapping with high-grade silver geochemical anomalies [5] - At South Plata, quartz veining and felsic intrusive float have been discovered over a magnetic low geophysical anomaly, an area previously unexplored [6] Next Steps - Assays for 102 rock samples and 568 soil samples are anticipated in the coming weeks, with results expected to guide drilling efforts before the end of the year [7] Geological Context - The exploration has identified potential Mayo-suite felsic intrusions and associated geological features over a significant area, indicating a strong correlation with gold and silver mineralization [9][11] - The mapping of the Rogue Thrust Fault has been extended, which is recognized as a key geological boundary that may host mineralization [13][17] Historical Context - The Plata project is located in the Tombstone Gold Belt and has a history of high-grade silver production, with past mining yielding approximately 290,000 ounces of silver [22] - The project is being developed as part of a larger "Snowline-style" mineralized system, which adds potential for discovering large gold deposits alongside high-grade silver veins [22]

July 30, 2025 7:00 AM EDT | Source: Honey Badger Silver Inc. Honey Badger Discovers Promising "Sheeted Veins" at Surface in Multiple Zones over 18 km at Plata, Yukon Toronto, Ontario--(Newsfile Corp. - July 30, 2025) - Honey Badger Silver Inc. (TSXV: TUF) (OTCQB: HBEIF) ("Honey Badger" or the "Company") is pleased to provide an update on its ongoing work program at its 100%-owned Plata project in the Yukon. The Company's Executive Chairman, Chad Williams, commented, "We have discovered multiple different oc ...

Core Viewpoint - Honey Badger Silver Inc. has significantly expanded its claim package at the Plata project in the Yukon, which is expected to enhance exploration opportunities for high-grade silver and gold mineralization [1][2]. New Targets and Claims - The company staked 95 new claims covering 1,985.50 hectares, resulting in a total of 465 claims over 9,718.50 hectares, marking a 25.7% increase in property size [3]. - The new claims are strategically positioned to cover potential extensions of mineralization targets, particularly in the northwest part of the Plata project [5]. - Historical mineral showings, such as the Keg occurrence, have revealed high-grade samples with up to 223 g/t Ag, 3 g/t Au, and significant concentrations of Zn, Pb, and Cu [5]. - The new claims also encompass two Mayo suite intrusions, which are associated with potential "Snowline-style" Reduced Intrusion Related Gold System (RIRGS) targets, with approximately 50% of Mayo Suite intrusions in the region containing gold mineralization [5]. About Plata - The Plata project is located in the Tombstone Gold Belt of east-central Yukon and has a history of producing approximately 290,000 ounces of silver from high-grade veins [6]. - The project is being developed with an understanding of its potential as part of a larger mineralized system, similar to the Keno Hill Silver Mine, which is one of the highest-grade silver deposits globally [6]. - The exploration strategy includes evaluating the potential for large gold deposits alongside high-grade silver vein potential [6]. Company Overview - Honey Badger Silver is led by an experienced team with a strong track record in value creation and operates in regions with a rich mining history [8]. - The company also holds other significant projects, including the Sunrise Lake project with a historic resource of 12.8 million ounces of silver and the Clear Lake project with a historic resource of 5.5 million ounces of silver [8].