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Honey Badger Silver Appoints Koby Kushner as Director

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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 Inc. (TSXV:TUF)(OTCQB:HBEIF) ha nominato Koby Kushner, P.Eng., CFA nel suo Consiglio di Amministrazione, a partire dal 14 gennaio 2025. Kushner, co-fondatore e CEO di Libra Lithium, porta con sé esperienza come ingegnere minerario e analista di ricerca azionaria. Sostituisce Brian Briggs, che si è dimesso per perseguire altre opportunità.

L'azienda detiene attualmente 7 progetti di argento ad alta grado con risorse storiche che includono oltre 17 milioni di once di argento Indicato e 19 milioni di once Inferred, insieme a 343 milioni di libbre di zinco Indicato e 1,5 miliardi di libbre Inferred. I beni chiave includono il progetto Sunrise Lake (12,8 Moz di argento Indicato), il progetto Clear Lake (5,5 Moz di argento storico) e le proprietà nella ex area mineraria di Nanisivik, che storicamente ha prodotto oltre 20 Moz di argento.

Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF) ha nombrado a Koby Kushner, P.Eng., CFA en su Junta Directiva, con efecto a partir del 14 de enero de 2025. Kushner, cofundador y CEO de Libra Lithium, aporta experiencia como ingeniero de minas y analista de investigación de acciones. Reemplaza a Brian Briggs, quien renunció para seguir otros intereses.

La compañía actualmente posee 7 proyectos de plata de alta calidad con recursos históricos que incluyen más de 17 millones de onzas de plata Indicada y 19 millones de onzas Inferidas, además de 343 millones de libras de zinc Indicado y 1.5 mil millones de libras Inferidas. Los activos clave incluyen el proyecto Sunrise Lake (12.8 Moz de plata Indicada), el proyecto Clear Lake (5.5 Moz de plata histórica) y participaciones en la antigua área minera de Nanisivik, que históricamente produjo más de 20 Moz de plata.

Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF)가 Koby Kushner, P.Eng., CFA를 이사회에 임명했습니다. 이 새 임명은 2025년 1월 14일부터 유효합니다. Kushner는 Libra Lithium의 공동 창립자이자 CEO로서, 광산 엔지니어 및 주식 연구 분석가로서의 경험을 가지고 있습니다. 그는 다른 관심사를 추구하기 위해 사임한 Brian Briggs를 대체합니다.

현재 이 회사는 7개의 고품질 은 프로젝트를 보유하고 있으며, 여기에는 1700만 온스의 은 자원 Indicated와 1900만 온스의 은 자원 Inferred가 포함되어 있습니다. 추가로 3억 4300만 파운드의 아연 자원 Indicated와 15억 파운드의 아연 자원 Inferred도 보유하고 있습니다. 주요 자산으로는 Sunrise Lake 프로젝트(12.8 Moz의 은 자원 Indicated), Clear Lake 프로젝트(5.5 Moz의 역사적 은 자원) 및 예전 Nanisivik 광산 지역에 대한 보유가 있으며, 이 지역은 역사적으로 2000만 온스 이상의 은을 생산했습니다.

Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF) a nommé Koby Kushner, P.Eng., CFA au sein de son conseil d'administration, avec effet au 14 janvier 2025. Kushner, cofondateur et PDG de Libra Lithium, apporte une expérience en tant qu'ingénieur minier et analyste en recherche d'actions. Il remplace Brian Briggs, qui a démissionné pour poursuivre d'autres intérêts.

L'entreprise détient actuellement 7 projets d'argent de haute qualité avec des ressources historiques comprenant plus de 17 millions d'onces d'argent Indiqué et 19 millions d'onces Inféré, ainsi que 343 millions de livres de zinc Indiqué et 1,5 milliard de livres Inféré. Parmi les principaux actifs figurent le projet Sunrise Lake (12,8 Moz d'argent Indiqué), le projet Clear Lake (5,5 Moz d'argent historique) et des participations dans l'ancienne zone minière de Nanisivik, qui a historiquement produit plus de 20 Moz d'argent.

Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF) hat Koby Kushner, P.Eng., CFA in seinen Vorstand berufen, wirksam ab dem 14. Januar 2025. Kushner, Mitbegründer und CEO von Libra Lithium, bringt Erfahrungen als Bergbauingenieur und Aktienanalyst mit. Er ersetzt Brian Briggs, der zurückgetreten ist, um anderen Interessen nachzugehen.

Das Unternehmen hält derzeit 7 hochwertige Silberprojekte mit historischen Ressourcen, die über 17 Millionen Unzen an bestätigten Silberschätzungen und 19 Millionen Unzen an vermuteten Silberschätzungen umfassen, sowie 343 Millionen Pfund an bestätigten Zinkreserven und 1,5 Milliarden Pfund an vermuteten Zinkreserven. Zu den Hauptanlagen gehören das Projekt Sunrise Lake (12,8 Moz an bestätigtem Silber), das Projekt Clear Lake (5,5 Moz an historischer Silberproduktion) sowie Anteile im ehemaligen Mining-Gebiet Nanisivik, das historisch über 20 Moz Silber produziert hat.

Positive
  • Portfolio includes 7 high-grade silver projects with substantial historic resources
  • Addition of board member with mining engineering and equity research expertise
  • Strategic assets in favorable mining jurisdictions
Negative
  • Resources are historical and require additional verification work to be classified as current
  • Clear Lake and Nanisivik resources are not current and need verification drilling

WHITE ROCK, BC / ACCESSWIRE / January 15, 2025 / Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF) ("Honey Badger" or the "Company"), announces the appointment of Koby Kushner, P.Eng., CFA, to the Company's Board of Directors, effective January 14, 2025.

Dorian L. (Dusty) Nicol, the Company's CEO said, "We welcome Koby Kushner to our Board. Mr. Kusher is well regarded in the industry and brings his entrepreneurial spirit and invaluable experience to the Company as we implement our strategy to become a leading silver company. Our current inventory includes 7 high grade silver projects in favorable jurisdictions comprising over 17 million ounces of silver Indicated and over 19 million ounces of silver Inferred, and over 343 million pounds of zinc Indicated and over 1.5 billion pounds of zinc Inferred, in historic resource. His help will be invaluable as we continue to add value to our current assets while expanding and growing our portfolio of high-quality projects."

Koby Kushner, P.Eng., CFA, has spent most of his career as a mining engineer and more recently, an equity research analyst. He is the co-founder and Chief Executive Officer of Libra Lithium, a private grassroots lithium exploration company. In his early years, Mr. Kushner worked at several mines in Ontario and Manitoba, including Hemlo (Barrick Gold), Detour, Rice Lake, and others. During this time, Mr. Kushner has seen projects advance through all stages of development, including exploration, production, and closure. He then moved into equity research at Red Cloud Securities, a mining-only investment bank, where he wrote on over 100 companies across various stages of development and a wide range of commodities, with a particular focus on precious and energy metals. He holds a BSc in Mining Engineering from Queen's University, is a licensed Professional Engineer in the province of Ontario and is a CFA charterholder.

The Company also announces that Brian Briggs has resigned from Honey Badger's Board of Directors effective January 14, 2025, in order to pursue other business interests.

"We thank Brian for his advice and counsel while he served as director of the Company and wish him the best in his future endeavours," said the Company's CEO.

About Honey Badger Silver Inc.

Honey Badger Silver is a silver company. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. Our projects are located in areas with a long history of mining, including the Sunrise Lake project with a historic resource of 12.8 Moz of silver (and 201.3 million pounds of zinc) Indicated and 13.9 Moz of silver (and 247.8 million pounds of zinc) Inferred (1)(3) located in the Northwest Territories and the Plata high grade silver project located 165 km east of Yukon's prolific Keno Hill and adjacent to Snowline Gold's Rogue discovery. The Company's Clear Lake Project in the Yukon Territory has a historic resource of 5.5 Moz of silver and 1.3 billion pounds of zinc (2)(3). The Company also has a significant land holding at the Nanisivik Mine Area located in Nunavut, Canada that produced over 20 Moz of silver between 1976 and 2002 (2,3). A qualified person has not done sufficient work to classify the foregoing historical resources as current mineral resources and the Company is not treating the estimates as current mineral resources. The historical resource estimates are provided solely for the purpose as an indication of the volume of mineralization that could be present. Additional work, including verification drilling / sampling, will be required to verify any of the historical estimates as a current mineral resources.

(1) Sunrise Lake 2003 RPA historic resource: Indicated 1.522 million tonnes grading 262 grams/tonne silver, 6.0% zinc, 2.4% lead, 0.08% copper, and 0.67 grams/tonne gold and Inferred 2.555 million tonnes grading 169 grams/tonne silver, 4.4% zinc, 1.9% lead, 0.07% copper, and 0.51 grams/tonne gold.

(2) Clear Lake 2010 SRK historic Resource: Inferred 7.76 million tonnes grading 22 grams/tonne silver, 7.6% zinc, and 1.08% lead.

(3) Geological Survey of Canada, 2002-C22, "Structural and Stratigraphic Controls on Zn-Pb-Ag Mineralization at the Nanisivik Mississippi Valley type Deposit, Northern Baffin Island, Nunavut; by Patterson and Powis."

ON BEHALF OF THE BOARD

Dorian L. (Dusty) Nicol, CEO

For more information please visit our website www.honeybadgersilver.com or contact Mrs. Sonya Pekar for Investor Relations | spekar@honeybadgersilver.com | +1 (647) 498-8244.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Honey Badger to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Such factors include, but are not limited to, risks relating to capital and operating costs varying significantly from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; other risks involved in the mineral exploration and development industry; and those risks set out in the Company's public documents filed on SEDAR+ (www.sedarplus.ca) under Honey Badger's issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

SOURCE: Honey Badger Silver Inc.



View the original press release on accesswire.com

FAQ

What are Honey Badger Silver's (HBEIF) total historic silver resources?

The company's historic resources include over 17 million ounces of silver Indicated and 19 million ounces Inferred across its projects.

Who is the new board member appointed to Honey Badger Silver (HBEIF) in January 2025?

Koby Kushner, P.Eng., CFA, was appointed to the Board of Directors effective January 14, 2025. He is the co-founder and CEO of Libra Lithium.

What is the historic production of Honey Badger's Nanisivik Mine Area?

The Nanisivik Mine Area produced over 20 million ounces of silver between 1976 and 2002.

What are the historic resources at Honey Badger's (HBEIF) Sunrise Lake project?

Sunrise Lake has a historic resource of 12.8 million ounces of silver Indicated and 13.9 million ounces Inferred, along with significant zinc resources.

How many high-grade silver projects does Honey Badger Silver (HBEIF) currently own?

Honey Badger Silver currently owns 7 high-grade silver projects in favorable jurisdictions.

HONEY BADGER SILVER INC

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