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 the first-time identification of substantial critical minerals potential at its 100%-owned Hy project in Yukon's Selwyn Basin, adding significant strategic value to the known silver-lead-zinc skarn mineralization. The 7,160-hectare, road-accessible property has yielded impressive critical mineral assays including indium up to 179.5 ppm, bismuth exceeding the analytical detection limit of 1.0%, tungsten oxide at 0.27%, and copper reaching 4.9%. These discoveries represent exceptionally high concentrations for globally scarce elements critical to semiconductors, advanced alloys, renewable energy technologies, and high-performance electronics.

The critical minerals are concentrated in specific zones, particularly the SilverTung and Miko areas, with indium and bismuth forming tight clusters within approximately 1.5 x 1.5 kilometer areas. Out of 276 samples analyzed, 34 exceeded 10 ppm indium and 50 contained bismuth grades above 200 ppm. The tungsten and copper mineralization shows similar spatial clustering, with the highest values consistently appearing in the southern SilverTung zone. Notably, one bismuth sample returning >1.0% was collected alongside 791 g/t silver, demonstrating the polymetallic nature of the mineralization.

Executive Chairman Chad Williams emphasized that the Hy property alone could justify the company's market capitalization, while noting that Honey Badger maintains six other 100%-owned silver-rich properties, including three advanced projects with approximately 150 million silver equivalent ounces in historic resources. The timing of this discovery aligns favorably with Canada's push to develop domestic critical minerals supply chains and the global clean energy transition driving unprecedented demand for these materials.

The property benefits from excellent infrastructure access, being road-accessible and located approximately 150 kilometers north of Watson Lake. Despite historic drilling that returned strong intercepts including 77.7 g/t silver over 6.99 meters, no drilling has been conducted since 1980, leaving substantial exploration upside. The company plans to continue focusing on silver potential while leveraging the newly recognized critical minerals optionality to enhance project economics and strategic positioning in the evolving minerals landscape.