HONEY BADGER SILVER INC. ANNOUNCES PROMISING HIGH-GRADE GERMANIUM POTENTIAL AT PRAIRIE CREEK FROM RESEARCH PARTNERSHIP

Honey Badger Silver Inc. has announced significant germanium discovery potential at its recently acquired Prairie Creek Silver Project in the Northwest Territories, adding a compelling critical minerals dimension to an already substantial silver-zinc-lead resource. Research collaboration with the University of Toronto has returned exceptional early-stage assay results of up to 316 ppm germanium within the Stratabound Massive Sulfide zone, which comprises 10-15% of the known total tonnage at Prairie Creek.

The Prairie Creek project hosts a historic resource estimate of 9.8 Mt of Measured & Indicated Resources grading 139 g/t silver, 9.7% zinc and 8.8% lead for 240 million ounces of silver equivalent, plus 6.4 Mt of Inferred Resources. Historic drilling was apparently never assayed for germanium, suggesting considerable upside potential as newly developed analytical techniques are applied across the broader mineralized system. The deposit also shows tungsten potential with historic grades up to 0.40% WO3 over 27.8 meters.

The germanium discovery is particularly significant given current market conditions, with germanium prices exceeding US$8,000/kg and trending higher due to critical applications in fiber optics, infrared optics, and semiconductor technologies. Both the Canadian and US governments have designated germanium as a critical mineral, potentially attracting development funding and creating additional by-product revenue streams. The deposit's multiple mineralization styles, including carbonate-replacement and MVT characteristics plus major quartz-carbonate-sulfide vein systems, suggest multiple pathways for germanium enrichment.

Honey Badger plans to expand collaboration with the University of Toronto through a proposed NSERC Alliance Grant, which would provide two dollars of government funding for every dollar contributed by the company. The summer program will focus on extensive re-sampling of historic drill core using newly developed germanium assay techniques, with results expected to shape future exploration strategy and target zones of enhanced critical metal enrichment across the district-scale potential.