HONEY BADGER NEWLY IDENTIFIES IMPORTANT INDIUM, TUNGSTEN, BISMUTH, AND COPPER MINERALIZATION IN ADDITION TO KNOWN SILVER, LEAD & ZINC AT THE HY PROJECT, YUKON

Honey Badger Silver Inc. has announced a significant expansion of the mineral potential at its 100%-owned Hy project in Yukon, identifying substantial critical minerals concentrations that add a compelling new dimension to the established silver-lead-zinc skarn mineralization. The company's systematic re-evaluation of historic assay data has revealed high-grade values of indium (up to 179.5 ppm), bismuth (exceeding 1.0% detection limits), tungsten (0.27% WO₃), and copper (4.9%), along with tellurium concentrations reaching 171 ppm.

The critical minerals discovery is particularly significant given the concentrated nature of the mineralization, with high-grade zones clustered around the SilverTung and Miko areas within relatively tight 1.5 x 1.5 km footprints. Of 276 samples analyzed, 34 exceeded 10 ppm indium and 50 contained bismuth grades above 200 ppm, demonstrating substantial critical minerals endowment across multiple zones. The property's road accessibility and location in the prolific Selwyn Basin enhance its strategic value, particularly as global demand for these elements intensifies driven by the clean energy transition and advanced manufacturing sectors.

Executive Chairman Chad Williams emphasized the transformative potential of these findings, suggesting the Hy project alone could justify the company's current market capitalization while noting that Honey Badger maintains six other 100%-owned silver-rich properties with approximately 150 million silver equivalent ounces in historic resources. The timing of this discovery aligns favorably with Canada's critical minerals strategy and growing emphasis on domestic supply chain security, positioning Hy as a potential multi-commodity asset that bridges traditional precious metals mining with critical materials essential for technological advancement.

The company plans to focus future exploration work on the SilverTung and Miko zones, which remain largely undrilled despite hosting the highest concentration of critical minerals. This represents a significant exploration opportunity, as most targets identified through modern geological modeling and geophysical surveys have never been tested by drilling, with the last drilling campaign completed in 1980.