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Honey Badger's Work Outlines New High-Grade and "Rogue-Like" Targets at the Plata Project
WHITE ROCK, BC / ACCESS Newswire / April 16, 2025 / Honey Badger Silver Inc. (TSXV:TUF)(OTCQ...
About this update from Honey Badger Silver Inc.
[{"type":"text","content":"Honey Badger's Work Outlines New High-Grade and \"Rogue-Like\" Targets at the Plata ProjectWHITE ROCK, BC / ACCESS Newswire / April 16, 2025 / Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF) (\"Honey Badger\" or the \"Company\") is pleased to provide an update on its 100%-owned Plata project, located adjacent to Snowline Gold Corp's (\"Snowline\") major discovery at its Rogue project in the Yukon Territory. The Company has been prioritizing targets to plan the next phase of work on the project.The Company's Executive Chairman, Chad Williams, commented, \"We have always been excited by the high-grade silver occurrences at Plata and the similarities to the local prolific Keno Hill district. The fact that silver grades at surface were so high as to allow for direct transport of ore by airplane to Idaho for treatment speaks for itself! The additional component of strong indications of a potential large gold system similar to Snowline's Rogue discovery, which is located adjacent to Plata, potentially with a significant silver component, adds to our excitement. We will continue compiling data in preparation of a highly focused field program with the objective of advancing Plata toward one or more discoveries.\"About PlataPlata is located in east-central Yukon within the Tombstone Gold Belt and is a past producing high-grade silver property that produced about 290,000 oz Ag from small-scale, high-grade mining at surface (Carlson, 2010). Ore was mined and flown by fixed wing aircraft to Idaho for processing. Historical exploration work at Plata has primarily focused on the high-grade silver veins at surface. These are analogous to the rich Keno Hill Silver Mine in the Yukon, one of the highest-grade silver deposits in the world, now operated by Hecla Mining. While the analogy to Keno Hill remains valid, the Company has continued to develop its understanding of Plata as part of a larger \"Snowline-style\" mineralized system. Understanding how Plata may fit into a Reduced Intrusion Related Gold System (RIRGS) adds the potential for a large gold deposit in addition to the high-grade silver and lead potential.New targets have been identified:Potential extension of high-grade Aho zone to the east.Potential unrecognized mineralization along the Plata and Rogue thrust faults. The Rogue Thrust is a newly named structure north of the Plata Thru...