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Honey Badger Exploration Stakes Additional Ground at the Beaver Silver Property and Begins Exploration at its Thunder Bay Silver/Cobalt Camp
Jan. 09, 2018 08:42AM PST
Silver InvestingHoney Badger Exploration (TSX-V:TUF) (“Honey Badger” or the “Company”) has staked an additional 21 mining claims around the 3 Cairngorn Mines Limited patents of the Beaver Silver Property. The additional claims were staked to cover a strategic 4 km-long segment along a fault zone interpreted to control mineralization in the Beaver Mine area. The segment …
Honey Badger Exploration (TSX-V:TUF) (“Honey Badger” or the “Company”) has staked an additional 21 mining claims around the 3 Cairngorn Mines Limited patents of the Beaver Silver Property.
The additional claims were staked to cover a strategic 4 km-long segment along a fault zone interpreted to control mineralization in the Beaver Mine area. The segment of the fault covered by the mining claims extends from a cluster of historic mines centered on the Beaver Mine to an un-followed drilling intersection of 1259 g/t Ag over 1 metre (no other metals assayed).
The Company anticipates that additional silver mineralization, including nickel and cobalt, remain to be discovered along that fault.
Quentin Yarie, Honey badger’s President and CEO commented:
“We are excited to have secured a large land package in the historic Thunder Bay Silver District. The geology of the area bears many similarities to that of the Cobalt District and we believe that there is a good potential here for new discoveries of cobalt and high-grade silver mineralization.
Our team’s expertise with modern, state-of-the-art, exploration techniques will be invaluable as we embark on a comprehensive exploration program on our new Thunder Bay Silver/Cobalt Camp.”