Welcome to our dedicated page for Honey Badger Silver news (Ticker: HBEIF), a resource for investors and traders seeking the latest updates and insights on Honey Badger Silver stock.
Honey Badger Silver Inc. (HBEIF) maintains an active presence in Canada's silver exploration sector through strategic project acquisitions and advanced geological analysis. This news hub provides investors with timely updates on operational milestones across the company's Northwest Territories, Yukon, and Nunavut assets.
Access consolidated reports on exploration progress, financial filings, and corporate developments. Track updates including drill results, resource estimates (historical and current), partnership announcements, and regulatory submissions. Our repository ensures efficient monitoring of both technical advancements and strategic business decisions.
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Bookmark this page for streamlined tracking of HBEIF's silver consolidation strategy and operational updates across Canada's premier mining jurisdictions.
Honey Badger Silver (TSXV:TUF)(OTCQB:HBEIF) has provided an update on its 100%-owned Plata project in Yukon Territory, adjacent to Snowline Gold Corp's Rogue discovery. The project is a past-producing high-grade silver property that yielded approximately 290,000 oz Ag from small-scale surface mining.
The company has identified new targets including: potential extension of the high-grade Aho zone eastward, possible mineralization along Plata and Rogue thrust faults, and potential for Reduced Intrusion Related Gold System (RIRGS) mineralization in newly staked claims. The Aho Zone has been traced for over 800 metres with drill results showing 711 g/t silver and 6.17% zinc over 1.52m.
In 2024, Honey Badger expanded the Plata property by adding 1,338 hectares over a magnetic low geophysical signature. The company plans to conduct focused field programs to advance the project toward discoveries.
Honey Badger Silver (TSXV:TUF)(OTCQB:HBEIF) announces leadership changes as CEO Dorian L. (Dusty) Nicol steps down, with Chairman Chad Williams assuming the role of Executive Chairman and Interim CEO. Nicol will remain as a Director and technical advisor.
The company owns 7 silver mineral assets, including the Sunrise Lake project with a historic resource of 12.8 Moz silver (Indicated) and 13.9 Moz silver (Inferred), the Plata high-grade silver project near Keno Hill, and the Clear Lake Project with a historic resource of 5.5 Moz silver. The company also holds significant land in the Nanisivik Mine Area, which historically produced over 20 Moz of silver.
Williams, founder and Chairman of Red Cloud Mining Capital, brings extensive capital markets experience, including roles at Victoria Gold Corp and TD Bank. As a large shareholder, he emphasizes the company's assets were acquired at attractive prices during lower silver market conditions.
Honey Badger Silver (OTCQB:HBEIF) has identified unmined silver mineralization at its 100%-owned Nanisivik project on Baffin Island, Nunavut. The company has discovered three priority targets: Deb, Ocean View North, and Area 14, containing significant silver-zinc mineralization outside previously mined areas.
The historic Nanisivik mine, which produced over 20 million ounces of silver between 1976-2002, left over 100 million tonnes of massive sulphide unmined due to low metal prices. Notable intersections include:
- Ocean View North: 97.6 g/t Ag and 22.79% Zn over 5.3m
- Deb Target: 290 g/t Ag and 43.0% Zn over 0.6m
- Area 14: 280.0 g/t Ag and 27.43% Zn over 2.3m
The project's potential has been enhanced by a recently constructed deep-water port nearby and significantly higher metal prices, with silver up 600% and zinc up 200% since the mine's closure. The company has expanded its mineral tenure to 14 claims covering 13,373.2 hectares.
Honey Badger Silver (HBEIF) has identified six high-priority exploration targets at its Yava Project in Nunavut, including two high-priority conductors (R-6 and R-9) on the Raptor claim block and four high-priority conductors (M-1, M-2, M-3, and M-6) on the main Yava claim block.
Notable findings include Conductor M-3, located 1.25km northwest of the Yava Main Zone, with a 500m strike length. Historical samples from this area showed significant mineralization, with one 2007 grab sample returning 4,960 ppm silver, 1.2 ppm gold, 3.5% lead, and 1.5% zinc. Another sample from 2004 near the Yava North Zone returned 3,452 ppm silver and 0.17 ppm gold.
The company believes these findings represent part of a significant volcanogenic massive sulphide footwall stringer zone, potentially extending from the Yava Main Zone. The project's location, 45 kilometers from Glencore's Hackett River project, suggests favorable geology for new discoveries.
Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF) announced that shareholders approved all resolutions at their Annual General and Special Meeting on February 14, 2025. Key approvals include a new fixed equity incentive plan reserving 7,529,890 common shares (10% of outstanding shares) and the designation of Chad Williams as a Control Person.
Mr. Williams, who holds 27.1% of outstanding shares (20,373,599 shares), subscribed for 2,907,692 Units at $0.13 per Unit in a recent private placement. Each Unit includes one common share and one warrant at $0.16. If all his warrants and options were exercised, his ownership could reach 38.4% of outstanding shares.
The company's portfolio includes the Sunrise Lake project (historic resource: 12.8 Moz silver Indicated, 13.9 Moz Inferred), Clear Lake project (historic: 5.5 Moz silver), and holdings at the former Nanisivik Mine which produced over 20 Moz silver.
Honey Badger Silver (HBEIF) has identified new high-priority exploration targets at its Yava Project in Nunavut. The company discovered six high-priority exploration targets, including two conductors (R-6 and R-9) on the Raptor claim block and four conductors (M-1, M-2, M-3, and M-6) on the main Yava claim block, along with 21 lower priority conductors.
Notable findings include Conductor M-3, located 1.25km northwest of the Yava Main Zone, with a 500m strike length. Historical samples from this area showed significant mineralization, with one grab sample from 2007 yielding 4,960 ppm silver, 1.2 ppm gold, 3.5% lead, and 1.5% zinc. Another sample from 2004 returned values of 3,452 ppm silver and 0.17 ppm gold.
The project's location, 45 kilometers from Glencore's Hackett River project (containing 113 million ounces Indicated plus 232 million ounces Inferred silver resources), suggests favorable geology and discovery potential.
Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF) has appointed Koby Kushner, P.Eng., CFA, to its Board of Directors, effective January 14, 2025. Kushner, co-founder and CEO of Libra Lithium, brings experience as a mining engineer and equity research analyst. He replaces Brian Briggs, who resigned to pursue other interests.
The company currently holds 7 high-grade silver projects with historic resources including over 17 million ounces of silver Indicated and 19 million ounces Inferred, plus 343 million pounds of zinc Indicated and 1.5 billion pounds Inferred. Key assets include the Sunrise Lake project (12.8 Moz silver Indicated), Clear Lake Project (5.5 Moz silver historic), and holdings at the former Nanisivik Mine Area, which historically produced over 20 Moz of silver.
Honey Badger Silver (TSXV:TUF) has completed its non-brokered private placement, raising total aggregate proceeds of $1,000,400. The offering consisted of two tranches, with the second tranche closing on January 3, 2025, raising $284,900.
The placement included the issuance of 6,276,923 non-flow-through units at $0.13 per unit for $816,000, and 1,152,500 flow-through shares at $0.16 per share for $184,400. Each non-flow-through unit includes one common share and one purchase warrant exercisable at $0.18 for 36 months.
Notable insider participation included CEO Dorian L. Nicol subscribing for 384,615 units and Chairman Chad Williams subscribing for 2,907,692 units. The proceeds will fund property advancement programs in Yukon, Northwest Territories, and Nunavut, as well as general administrative purposes.
Honey Badger Silver Inc. (TSXV:TUF) has announced updates to its non-brokered private placement, aiming to close with aggregate gross proceeds of $1,000,400. The offering consists of:
- 6,276,923 non-flow through units at $0.13 per unit for $816,000
- 1,152,500 flow-through shares at $0.16 per share for $184,400
Each NFT Unit includes one common share and one purchase warrant exercisable at $0.18 for 36 months. Proceeds from FT Shares will fund mining programs in Yukon, Northwest Territories, and Nunavut, while NFT Units proceeds will support property advancement and administrative purposes. The offering requires TSX Venture Exchange approval and includes a four-month hold period.
Honey Badger Silver has closed the first tranche of its non-brokered private placement, raising $715,500 through the issuance of 4,657,692 non-flow-through units at $0.13 per unit and 687,500 flow-through shares at $0.16 per share. Each non-flow-through unit includes one common share and one purchase warrant exercisable at $0.18 for 36 months.
The company will use flow-through proceeds to advance properties in Yukon, Northwest Territories, and Nunavut, while non-flow-through funds will support property development and general administrative purposes. The Company's Non-Executive Chairman, Chad Williams, participated by subscribing for 2,307,692 NFT Units.
