- Honey Badger Silver (HBEIF, Financial) expands its Plata project in the Yukon by 25.7%, adding 95 new claims.
- Historical high-grade mineral samples found, with up to 223 g/t silver and 3 g/t gold at Keg occurrence.
- The new claims target potential for high-grade silver vein and 'Snowline-style' silver-gold mineralization.
Honey Badger Silver Inc. (OTCQB: HBEIF) has announced a significant expansion of its Plata project, located in the east-central Yukon, increasing the property size by 25.7%. This expansion includes 95 newly staked claims covering 1,985.50 hectares, bringing the total area to 9,718.50 hectares with 465 claims in total.
The strategic expansion focuses on two main opportunities: high-grade silver vein mineralization and "Snowline-style" intrusive-related silver-gold mineralization. The newly acquired land features historical mineral showings at the Keg occurrence, with high-grade grab samples revealing up to 223 grams per tonne (g/t) of silver, 3 g/t of gold, 3.95% zinc, 2.19% lead, and 0.42% copper.
Additionally, the new claims cover two Mayo Suite intrusions, identified as potential Reduced Intrusion Related Gold System (RIRGS) targets, similar to major gold deposits such as Valley, Fort Knox, and Eagle Gold. These areas also show high government silt anomalies, exceeding the 99.9 percentile in silver and 90 percentile in other minerals, including gold, zinc, and arsenic. Honey Badger continues its focus on geologic mapping and sampling to evaluate these promising targets.
