Honey Badger Silver Inc. is a Canadian silver company based in Toronto, Ontario, involved in the identification, acquisition and development of properties in mining friendly jurisdictions. Led by a highly experienced leadership and technical team, the company holds the dominant land position in Ontario’s prolific historic Thunder Bay Silver District covering some 16,800 hectares. The properties overlie nine past-producing high-grade silver mines that from the 1840’s to 1890’s produced more than 1.67 million ounces of silver with grades averaging 2,500 grams per tonne of silver (Szetu, 1969). The group of properties held by Honey Badger covers some of the most productive veins in the Thunder Bay Silver District. Honey Badger Silver also owns advanced projects in the southeast and south-central Yukon. The company’s common shares trade on the TSX Venture Exchange under the symbol “TUF”.
Mr. Dorian L. (Dusty) Nicol, [CPG 10875], Honey Badger Silver’s CEO and a Qualified Person under NI 43-101, has reviewed and approved the scientific and technical disclosure contained herein. A qualified person has not done sufficient work to classify the historic estimate as a current mineral resource and the Company is not treating the historical estimate as a current mineral resource.
Samples for “Plata”, “Groundhog” and “Hy” were analyzed at ALS Minerals. Please see ALS Minerals corporate website for more information.
Mink/Silver Mountain Property
Thunder Bay Silver Project
Honey Badger’s Silver Mountain/Mink Property is approximately 50 metres south of the Silver Mountain Group of deposits which produced 700,000 oz of silver from 1888-1903 and in 1911 (Franklin et al., 1986). The veins in Silver Mountain were up to 1,500 metres in strike length, trending east-west (Franklin et al., 1986). The historical Mink and Silver Wolverine mines fall within the property claims, but little is known about these historical mines and their historical silver production and grade.
45 Claims, Totaling Approximately 2,275 Hectares, In The James Bay Region Of Québec (Jamésie County Municipality). Located Close To Roads And Power Lines.
In The James Bay Region Of Québec
The property consists of 7 claim blocks, each centered on a circular magnetic anomaly that could represent a kimberlite. The geological environment is favourable for diamantiferous kimberlite and lake sediments near the magnetic anomalies contain kimberlite indicators. Exploration agreements are in place with local First Nations Groups.