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Honey Badger Silver Deploys A.I. Geophysical Tool at Flagship Plata Project, Targeting "Snowline Style" Mineralization
WHITE ROCK, BC / ACCESSWIRE / June 20, 2024 / Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF)...
About this update from Honey Badger Silver Inc.
[{"type":"text","content":"Honey Badger Silver Deploys A.I. Geophysical Tool at Flagship Plata Project, Targeting \"Snowline Style\" MineralizationWHITE ROCK, BC / ACCESSWIRE / June 20, 2024 / Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF) (\"Honey Badger\" or the \"Company\") believes it has identified a \"Snowline-style\" geologic target at its Plata Project, located adjacent to Snowline Gold Corp.'s major discovery in the Tintina Gold Belt of the Yukon Territory.In a news release dated March 5, 2024, Honey Badger announced that it was increasing its land position at Plata to cover a geophysical anomaly (magnetic low), interpreted as a possible intrusive source of high-grade Plata silver & base metal mineralization. In a news release and webinar dated March 7, 2024, the company discussed in detail the theory that Plata fits the Reduced Intrusive zonation model defined at Snowline's Rogue Project, with the critical link provided by discovery of intrusive-hosted Type IV veins during the 2023 field season. The Company believes these new leases extend to prospective areas identified by combining this model with existing geophysical data.Honey Badger has engaged ExploreTech (www.exploretech.ai) to analyze geophysical data at Plata to refine the highest-potential targets. ExploreTech is an innovative geoscience computing company founded by Stanford alumni geophysicist Alex Miltenberger PhD and geologist Tyler Hall PhD. ExploreTech uses innovative data interpretation methods including proprietary xFlare™ technology to interpret geophysical data in conjunction with geologic data. This methodology has been successful in siting drill holes which intersected mineralization in multiple geologic settings. At Plata, their work is expected to provide insight as to the possible shape, size, and location of a buried intrusion which would represent a significant mineralized target.The Company's CEO, Dorian L. (Dusty) Nicol, commented:\"We interpret Plata as being related to the same style of mineralization as Snowline Gold Corp.'s Rogue Project. The work that ExploreTech will do for us using proprietary cloud-based computing technology will help identify potential targets related to the buried intrusion believed to be the cause of the geophysical anomaly covered by our recently acquired claims. We will receive the results of this analysis before beginning su...