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Honey Badger Exploration Signs Letter of Intent to Option Polymetallic Silver, Gold, Zinc, Lead, and Cobalt Property in Historic Camp
Dec. 20, 2017 09:08AM PST
Silver InvestingHoney Badger Exploration (TSX-V:TUF) (“Honey Badger” or the “Company”) and Cairngorm Mines (“CML”) have entered into a non-binding letter of intent (the “LOI”) with respect to an option to acquire a 100% interest in the Beaver Silver Property (the “Property”). The Property is located in the historical Thunder Bay silver district and covers some of …
Honey Badger Exploration (TSX-V:TUF) (“Honey Badger” or the “Company”) and Cairngorm Mines (“CML”) have entered into a non-binding letter of intent (the “LOI”) with respect to an option to acquire a 100% interest in the Beaver Silver Property (the “Property”).
The Property is located in the historical Thunder Bay silver district and covers some of the most productive silver-bearing veins of the Rabbit Mountain group of deposits including the past-producing high-grade Beaver Silver Mine (Franklin et al., 1986). The Property is ideally located close to roads, power lines, infrastructure, and a skilled labour force.
Quentin Yarie, President & CEO, commented:
“The Beaver Silver Property represents a great new opportunity for Honey Badger. The property has laid dormant for almost 90 years, but its potential is considerable. Our team has the technical expertise, experience and tools to reexamine the Property, assess its potential, and discover remaining and any new mineralization.”