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Honey Badger Silver Updates Results from Its 100% Owned Groundhog Project, Yukon; Reports Assays over 2,400 g/t Ag
Toronto, Ontario--(Newsfile Corp. - March 23, 2023) - Honey Badger Silver Inc. (TSXV: TUF) (" H...
About this update from Honey Badger Silver Inc.
[{"type":"text","content":"Honey Badger Silver Updates Results from Its 100% Owned Groundhog Project, Yukon; Reports Assays over 2,400 g/t AgToronto, Ontario--(Newsfile Corp. - March 23, 2023) - Honey Badger Silver Inc. (TSXV: TUF) (\"Honey Badger\" or the \"Company\") is pleased to report on exploration results from its road accessible, 100%-owned Groundhog Project (\"Groundhog\") in south-central Yukon. The Project is located 50 km south of Ross River (Figure 1) and approximately 25 km west of the former Ketza Mine, which produced over 57,500 ounces of gold and 33,400 ounces of silver1 from replacement-style manto deposits within a geologic region known as the Ketza Uplift. Groundhog hosts numerous mineralized showings with manto-hosted and fracture-hosted silver-lead-zinc mineralization. Historical grades range up to 18,120 g/t silver, 85% lead, 23.6% zinc and 5.91 g/t gold, within the Seagull Uplift, a structural environment similar to, and tectonically linked to, the Ketza Uplift.Dorian L. (Dusty) Nicol, Chief Operating Officer, states, \"Honey Badger would like to thank the Yukon Government for the Yukon Mineral Exploration Program grant it received to help fund our 2022 program. We are particularly encouraged by the recognition of manto-style replacement at Groundhog, which has not been the focus of prior work on the project. This suggests similarities to the Ketza Mine -- which I am very familiar with -- and the positive overall results from the 2022 program will be the focus of follow-up work on the project.\"Highlights from the 2022 program include:2,410 g/t silver, 7.8% copper, 0.27% lead and 0.75% zinc over 0.3 m (Cirque Showing).2,430 g/t silver, 0.71% copper, 21.3% lead and 6.3% zinc over 0.3 m (Cirque Showing).2,120 g/t silver, 78.6% lead, 0.45% zinc (grab from Foggy Showing). 755 g/t silver, 29.2% lead, 24.7% zinc (grab from Foggy Showing); and,234 g/t silver, 11.7% lead and 3.2% zinc (grab from Rob #1 Showing).Groundhog Program Overview:The 2022 program included the collection of 49 rock samples and 488 soil samples. Figure 2 illustrates anomalous silver rock geochemistry, while Figures 3, 4 and 5 illustrate lead-, silver-, and gold-in-soil geochemistry. Three main types of mineralization have been discovered on the Groundhog property: veins and breccia zones, replacement (manto) mineralization, and stratiform mineralization, as described...