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HONEY BADGER DISCOVERS NEW “CANELA” ZONE IN KILOMETRE-LONG SILVER-GOLD SOIL ANOMALY AT PLATA, YUKON

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Executive Summary

Honey Badger Silver Inc. has announced the discovery of a new precious metals zone at its Plata Project in Yukon, marking a significant exploration milestone for the company. The newly identified 'Canela' zone was discovered through a recent soil sampling and prospecting program and features a kilometre-long silver-gold soil anomaly, indicating substantial mineralization potential across an extensive strike length.

The discovery represents a major expansion of the known mineralized footprint at the 100% owned Plata Project, demonstrating the property's exploration upside beyond previously identified zones. Soil anomalies of this scale and metal content typically indicate robust underlying mineralization systems, suggesting the potential for significant precious metals resources in this region of Yukon.

For the precious metals sector, this discovery highlights the continued exploration success in Canada's northern territories, particularly in established mining jurisdictions like Yukon. The kilometre-scale extent of the anomaly suggests this could develop into a substantial exploration target, potentially supporting future drill programs and resource development initiatives. This type of grassroots discovery reinforces the ongoing potential for new precious metals discoveries in underexplored regions of Canada's mining-friendly jurisdictions.
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