Honey Badger Exploration Stakes Additional Ground at its Thunder Bay Polymetallic Silver Camp
NEWS RELEASE
Honey Badger Exploration Stakes Additional Ground at its Thunder Bay
Polymetallic Silver Camp
TORONTO, April 12, 2018 -- Honey Badger Exploration Inc. (TSX-V:TUF) (“Honey Badger” or the “Company”) announces it has
substantially increased its land position at its Thunder Bay Polymetallic Silver Camp. Based on the Company’s early
exploration successes in the Beaver Mine area, Honey Badger has strategically staked an additional 1,077 claims covering
more than 23,400 hectares to cover the southern extension of the main structures that are interpreted to control polymetallic
silver mineralization in the district (Figure 1).
The geology of the newly land package is very similar to the geology of the Cobalt Camp, and a review of historical records has
already identified several exploration targets for additional polymetallic, “Five-element”, silver veins on the newly acquired
claims.
Favourable targets in the district are typically located where diabase sills and sedimentary rocks are cut by topographic
depressions (representing fault zones) that are oriented parallel to known silver veins. Using historic records, Honey Badger
has identified two large veins on the extended land package - the Sunrise Vein and the Weezou Vein that are prospective for
polymetallic silver mineralization. Both veins are parallel to the known silver veins of the district and that are hosted in multi-
kilometre-long structural zones highlighted by continuous topographic depressions.
With this land expansion, Honey Badger has also secured an additional three historic mines: Lily of the Valley, the Federal
and the Gopher mines. The Lily of the Valley Mine was developed on a vein reported to contain zones of very high-grade silver
mineralization. Historically, a 5,060 pounds bulk sample taken at the Lily of the Valley Mine graded 2.98% silver (Mineral
Deposit Inventory for Ontario; Deposit: MDI52A06SW00003). Little historic information exists for both the Gopher and the
Federal mines.
About the Thunder Bay Silver Camp
Honey Badger’s Thunder Bay Silver Camp now covers more than 30,000 hectares and includes twelve past-producing high-
grade mines with historical production of more than 1.67M oz silver. The project, located 25 to 70 kilometres southwest of
Thunder Bay, Ontario, is easily accessible and close to infrastructure. Honey Badger is the early mover in consolidating key
ground in this historic silver camp that has strong potential for polymetallic mineralization.
Honey Badger initiated its exploration program in March 2018 and made several discoveries:
• Geophysics and drilling uncovered >2 km “Five-element” vein (polymetallic veins that can contain, amongst others,
silver, cobalt, copper, nickel, lead and zinc) at the Beaver Mine
• Airborne geophysics identified numerous targets on the project’s land package that exhibit the same response as the
historic Beaver Mine “Five-element” vein
The current 1,500 m drill program is testing structural traps where the likelihood of finding polymetallic silver mineralization is
the highest. There is potential for a larger system than initially anticipated, and the Company is ensuring it is increasing its
control of prospective land with this latest ground expansion.
About Honey Badger Exploration Inc.
Honey Badger Exploration is a gold and base-metals exploration company headquartered in Toronto, Ontario, Canada with
properties in Quebec and Ontario. The Company's common shares trade on the TSX Venture Exchange under the symbol
“TUF”.
For more information, please visit our website at http://www.honeybadgerexp.com.
Or contact:
Quentin Yarie, President & CEO, (416) 364-7029, [email protected]
or
Mia Boiridy, Investor Relations, (416) 364-7029, [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by
terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or
“continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve
known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of
activity, performance or achievements to be materially different from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking statements.
Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this
news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of
this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise, other than as required by law.
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