BM-19-014 intersected the Beaver Vein and contains 1,025 g/t silver equivalent (AgEq) over 4 metres (core length), including 1,701 g/t AgEq over 2.4 metres (core length); BM-19-014 also intersected a second silver-bearing vein and contains 87.8 g/t AgEq over 1.8 metres (core length).BM-19-014 is also the southernmost hole drilled in the high-grade silver zone discovered in the Beaver Vein that is open down-plunge. BM-19-014 may also have discovered the extension of the high-grade silver vein intersected in BM-18-004 (921 g/t silver over 1.4 metres) and is hosted in a structure distinct from the Beaver Vein. Although more drilling remains necessary to constrain the geometry of that vein, the intersections in BM-19-004 and BM-19-014 indicates that, in addition to the Beaver Vein, other vein sets in the vicinity of the Beaver Vein also contain high-grade silver zones.
The 2019
Drilling Program
The 2019 drilling program was completed in June 2019. In addition to the Beaver Vein, the remaining holes of the program targeted favorable structures in the predicted extensions of the veins mined in the Elgin and the Stewardson mines
Drilling successfully proved the continuity of the structures hosting historic Elgin and Stewardson mines. 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 these structures have considerable lateral extension. The Company will focus on extending these high-grade intersections along strike and to depth.
For further details of the above-noted drilling programs and QA/QC measures, please refer to the Company’s news releases on the website: honeybadgerexp.com
Unit 1 – 15782 Marine Drive
White Rock, British Columbia V4B 1E6
