Published: January 23, 2019 |

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Honey Badger Exploration has received an exploration permit, valid for 3 years, for it its Thunder Bay Silver-Cobalt Project, west of Thunder Bay, Ontario.

“We are pleased with the timely receipt of this permit. We made some significant silver-cobalt discoveries around the Beaver Mine in 2018. Results from our Spring 2018 drill program showed that near-surface, arsenic-free cobalt mineralization is located at the contact between a large diabase sill that caps the Beaver Mine and the Rove Shale unit,” said Quentin Yarie, president and CEO of Honey Badger.

“With this permit, we can now target this newly discovered zone of cobalt mineralization and expand our program to areas beyond the Beaver Mine. A follow-up 1,500m diamond drilling program is planned this winter,” added Yarie.

Honey Badger’s 2018 drilling program identified priority silver and cobalt targets on the Beaver Silver Property. In the upcoming drill program, the company will target the near-surface cobalt mineralization that occurs in a large diabase sill at its contact with the underlying Rove Shale. This is where Honey Badger discovered 0.26 percent cobalt over 10.8 metres in 2018. Another target will be the silver mineralization in the down-dip extension of the vein mined in the Beaver Mine where one hole of the 2018 drilling program intersected 682 g/t silver over 2.4 metres, including 1,254 g/t silver over 1.2 metres.

Prior to diamond drilling, Honey Badger will conduct a geological and logistical reconnaissance to validate the targets, identify additional new potential targets, and find suitable access to the prioritized target zones. This stage of the program will be initiated in the coming weeks with a 1,500 metres diamond drilling program to follow shortly thereafter.

About the Thunder Bay Silver-Cobalt Project

Honey Badger’s Thunder Bay Silver-Cobalt Project is comprised of the Beaver Silver, Silver Mountain, and Mink Mountain Silver properties, covers more than 37,850 hectares and includes twelve past-producing high-grade mines with historical production of more than 1.67M oz silver.  The project is located on the Lakehead Region, 25 to 70 kilometres southwest of Thunder Bay, Ontario. It is easily accessible and close to infrastructure.

There are two main polymetallic vein groups in the Lakehead Region – the Mainland and Island vein groups that were historically mined for silver, cobalt, copper, nickel, lead and zinc. Some of the veins also produced gold. The Island Vein group produced a total of 3,188,297 oz silver with most of that production coming from the Silver Islet Mine. The Mainland Group of silver veins produced 1,991,314 oz silver. The polymetallic silver veins in the region are most often found hosted in sediments, most notably the upper Rove Unit, near or within diabase intrusions. This geological setting parallels the other major silver district in Ontario – the Cobalt Silver District.

Honey Badger is the early mover in consolidating key ground in this historic silver camp that has strong potential for polymetallic mineralization.

About Honey Badger Exploration
Honey Badger Exploration is a gold and base-metals exploration company headquartered in Toronto, Ontario, Canada with properties in Quebec and Ontario.

To stop by Honey Badger’s website, CLICK HERE

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