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Honey Badger Silver Reports Second Batch of Assays from Plata Yukon Program More Keno Hill-Style High Grade Silver Values
TORONTO, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger” or the “Company”) is pleased to announce further results of roc
About this update from Honey Badger Silver Inc.
[{"type":"text","content":" TORONTO, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger” or the “Company”) is pleased to announce further results of rock and soil geochemical analyses from its 100%-owned, 5,690-hectare Plata Silver Property (“Plata”) located in east-central Yukon. Highlights of silver, gold, lead and zinc assays from five channel and chip samples collected from the Aho zone at Plata are listed below: 4,500 g/t silver, 7.26 g/t gold, 24.13% lead, 0.83% zinc over 0.85 metres;3,480 g/t silver, 4.63 g/t gold, 23.79% lead, 2.05% zinc over 1.6 metres;1,546 g/t silver, 3.28 g/t gold, 5.04% lead, 0.09% zinc over 1.45 metres;868 g/t silver, 5.30 g/t gold, 7.47% lead, 1.95% zinc over 1.93 metres; and202 g/t silver, 3.69 g/t gold, 1.12% lead, 10.1% zinc over 1.32 metres. In addition, gold assays have been received for five composite grab samples of hand sorted material collected from 90 ore bags left behind by historic miners at Plata. These are reported below in conjunction with silver, lead and zinc assays previously reported by the Company on December 13, 2021: 4.25 g/t gold, 5,190 g/t silver, 23.4% lead and 3.62% zinc;7.56 g/t gold, 4,820 g/t silver, 13.15% lead and 2.78% zinc;6.24 g/t gold, 4,000 g/t silver, 20.97% lead and 3.41 g/t zinc;2.67 g/t gold, 3,500 g/t silver, 17.5% lead and 3.07% zinc; and5.61 g/t gold, 2,930 g/t silver, 10.5% lead and 2.26% zinc. Plata lies within the Tintina Gold Belt and displays numerous similarities to the world-class Keno Hill Mining Camp, Canada’s second largest primary producer of silver, located 165 km west of the Plata Silver Property. Keno Hill produced more than 200 million ounces of silver at an average grade of 44 ounces per ton (oz/t) of silver from approximately thirty-five vein deposits between 1913 and 1989 (1). Chad Williams, Executive Chairman of Honey Badger commented, “These results are significant in that: They confirm that Plata has similar high-grade, early-stage, gold enriched silver veins as found in the Keno Hill District, one of Canada’s most prolific silver camps; and Plata is considerably under-explored when compared to Keno Hill. We believe the potential to develop existing targets is very promising as is the potential for making new high-grade silver discoveries”. Sampling results from the P2 and P6 zones are pending and will be released when analys...