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HONEY BADGER SILVER ANNOUNCES APPOINTMENT OF RON HALAS AS CHIEF OPERATING OFFICER

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Executive Summary

Honey Badger Silver Inc. has appointed Ron Halas, P.Eng., as Chief Operating Officer effective immediately, marking a significant strengthening of the company's operational leadership capabilities. Mr. Halas brings over 35 years of professional mining engineering experience across the full mine lifecycle, including senior roles with major mining companies such as Lumina Gold, Kinross Gold, IAMGOLD, Vale, Placer Dome, and Inco. His expertise spans mine development, construction, operations, and technical leadership in both underground and open-pit environments.

The appointment comes as Honey Badger Silver positions itself to advance a compelling portfolio of silver assets across Northern Canada. The company's flagship Sunrise Lake project in the Northwest Territories contains a historic resource of 12.8 million ounces of silver at a high grade of 262 g/t silver in the Indicated category, plus 13.9 million ounces at 169 g/t in the Inferred category. The project also hosts significant zinc mineralization with over 200 million pounds indicated. Additionally, the company holds the Plata high-grade silver project in Yukon, located near the prolific Keno Hill district, and the Clear Lake project with an unclassified historic resource of 5.5 million ounces of silver.

The strategic timing of this appointment reflects Honey Badger's evolution from exploration toward potential development phases. Mr. Halas's track record in operational readiness, capital project execution, and cost control positions the company well for advancing its silver platform through feasibility and development stages. Executive Chairman Chad Williams emphasized that Halas's mine development and operational experience will be invaluable for building a disciplined, execution-focused silver platform.

This leadership enhancement occurs within a favorable silver market environment and growing focus on critical minerals supply chains. Honey Badger's Northern Canada assets benefit from established mining infrastructure and jurisdictional stability. The company's unique positioning with multiple high-grade silver projects, combined now with enhanced operational expertise, strengthens its potential to capitalize on silver market opportunities and advance toward production scenarios across its diversified asset base.
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