Honey Badger Silver Inc. · TSXV:TUF
Honey Badger Silver — Investor Presentation (May 2022)
31 slides from Honey Badger Silver's investor presentation, May 2022
Slide 1: The new concept in modern silver investing
PREMIER SILVER-FOCUSED GROWTH TSX-V:TUF OTCQB:HBEIF The new concept in MODERN SILVER investing HONEY BADGER SILVER INC. TSX-V:TUF OTCQB:HBEIF
Slide 2: Cautionary Statements
Cautionary Statements The information set forth in this document contains “forward-looking statements”. Statements in this document, which are not purely historical, are forward-looking and include statements regarding beliefs, plans, expectations or intentions regarding the future. Except for the h
Slide 3: Competitive Strategy
Competitive Strategy 1. Build on our existing high-quality asset base in historic producing districts in the Yukon and Thunder Bay, Canada 2. Aggregate a 3-tiered portfolio of diversified silver assets at various stages of advancement, including royalties and streams utilizing the balance sheets of
Slide 4: Leadership Edge
Leadership Edge Industry recognized management with impressive record of value creation and share appreciation Extensive industry network and technical expertise Superior deal access and deal flow, monetizing assets Constant screening and negotiation process Track record of creating signific
Slide 5: Growing Portfolio of Assets
Growing Portfolio of Assets Asset Overview Class Honey Clear Lake Badger has Historical 100% Inferred ownership Resource 5.5 million ouncesof the1.3Blbs of silver, assets of zinc and 185Mlbs of lead (1)(2) Ounces in the (Yukon) Potential to confirm and incrementally expand existing resources wit
Slide 6: Experienced Leadership Team
Experienced Leadership Team • Chairman of Red Cloud Securities Inc., • More than30 years experience Blue Thunder Mining Inc., Seven Aces • She has worked for several mineral Ltd. and Golden Tag Resources Ltd. exploration companies • Former CEO of Victoria Gold Corp; former • She has also served as C
Slide 7: Board of Directors
Board of Directors • Professional Engineer, BS in mining and • BA and B. Sc. in Geology MS in Agriculture engineering, with over • Explored in Yukon for the past 50 years 30 years of experience in underground as a partner in Archer, Cathro & and surface mine operations Associates (1981) Ltd • Experi
Slide 8: Capital Structure
Capital Structure TSX-V: TUF Share Performance - Jan 2022 to Present Trading Symbol OTCQB: HBEIF C$0.075 Share Price (05-02-2022) US$0.055 Shares Outstanding 177.6M Options 17.5M Warrants 37.8M Fully Diluted Shares 233.0M Market Capitalization (FD) C$18M Current Cash $1.2M 9 TSX-V:TUF OTCQB:HBEIF
Slide 9: Silver – Unique Demand Drivers
Silver – Unique Demand Drivers Silver combines the best of precious metals and base metals Silver is the ultimate green metal Its critical role in the transition to a low-carbon economy Renewable energy – Solar panels, wind turbines, EVs World’s best conductor of electricity – Electronics, 5
Slide 10: Silver's Supply-Demand Dynamics
Silver’s Supply-Demand Dynamics Silver Market Supply-Demand vs Net Investment in ETPs Silver Supply in gradual decline: 1,150 350 ETPs in Millions of Ounces Supply-Demand Millions (oz) 300 Lack of silver focused producers 250 1,050 200 It takes years to bring mines into production 150 100 Silver
Slide 11: Silver Demand in Automotive Industry
Silver Demand in Automotive Industry Silver is critical to the auto industry given its high conductivity and resistance to corrosion Virtually every electrical connection in a vehicle uses silver 55 million ounces of silver are used by the auto sector annually. Given higher silver loading in Ele
Slide 12: Clear Lake Property, Yukon
Clear Lake Property, Yukon Clear Lake hosts a historical NI 43-101 Inferred Resource prepared by SRK for Copper Ridge Exploration in 2010 5.5Moz of silver, 1.3Blbs of zinc and 185Mlbs of lead(1)(2) Tonnes Ag Zn Pb Ag Zn Pb Millions (g/t) (%) (%) (Moz) (Mlbs) (Mlbs) 7.76 22g/t Ag 7.6% 1.08% 5.5 1
Slide 13: Plata Property, Yukon
Plata Property, Yukon 5,690 hectares in east-central Yukon within the Selwyn Basin Dozens of showings identified from past exploration Very high-grade silver, gold, lead and zinc values returned from: Type 1 Veins: Commonly grade between 1700 and 10,000 g/t silver with 30% to 70% lead Type
Slide 14: Plata Property, Yukon (Continued)
Plata Property, Yukon (Continued) Assays received confirm presence of Keno Hill-style high-grade silver Type-1 Mineralization: P1 Zone: 16,887 g/t silver and 67.99% lead from rock sample (float) P2 Zone: 4,300 g/t silver, 22.00% zinc and 46.40% lead over 1.0 metre from a channel sample P26 Zon
Slide 15: Groundhog Property, Yukon
Groundhog Property, Yukon Road accessible – 10 km east of the South Canol Highway and 30 km west of the Ketza Gold Mine in south-central Yukon Historical work yielded rock samples grading up to 13,028 g/t silver, 85% lead, 4.46 zinc, and 3.73% copper, but never assayed for gold Widely spaced s
Slide 16: Thunder Bay Silver District, Ontario
Thunder Bay Silver District, Ontario 100% ownership of 12,852 hectares overlying past-producing high-grade silver mines and prospects Easily accessible year-round through highways and access roads Located in an established mining region near grid power, water and skilled labour Discovery of
Slide 17: A Timely Investment Opportunity
A Timely Investment Opportunity Strategic ownership in Canada’s most productive historic silver districts Considerable untested potential for high-grade silver discoveries Focused on building a presence in the Americas by leveraging first class relationships High leverage to silver – known t
Slide 18: Appendix
TSX-V:TUF OTCQB:HBEIF APPENDIX
Slide 19: Clear Lake: Notes to Accompany the Inferred Resource
Clear Lake: Notes to Accompany the Clear Lake Inferred Resource 1) Mineral resources are historical in nature, they were estimated by SRK in February 2010 for Copper Ridge Exploration Inc. 2) The Mineral Resources were classified in accordance with definitions provided by the Canadian Institute of M
Slide 20: Plata Property, Yukon: Past Exploration Work
Plata Property, Yukon: Past Exploration Work Previous work focused on potential for narrow, Past producer (1983-84) – 290,000 ounces silver high-grade silver From small-scale, high-grade mining P-4 Zone has seen the most intensive drilling, demonstrating continuous mineralization that remains open i
Slide 21: Plata Property, Yukon: Past Exploration Work (Continued)
Plata Property, Yukon: Past Exploration Work (Continued) P-2 Zone drill results: 31.86 m of 31.4 g/t silver and 10.25 % zinc; 9.77m of 22.7 g/t silver and 17.15% zinc; 2.35m of 453.0 g/t silver and 17.46% zinc; 2.98m of 857 g/t silver, 33.16% lead and 9.46 % zinc. P-6 Zone drill results: 1
Slide 22: Plata: 2021 Phase 1 Work Program
Plata: 2021 Phase 1 Work Program 2021 field program focussed on confirming the high-grade mineralization at the P2, P3, P4 and P6 Zones Detailed structural and lithologic mapping accompanied channel and chip sampling of several mineralized zones Channel sampling a Type I vein system at P2 Zone
Slide 23: Plata: Honey Badger 2021 Program Highlight Results
Plata: Honey Badger 2021 Program Highlight Results 2021 Highlights – P4 Zone 2021 Highlights – P2 Zone Length Ag Au Length Ag Au Zone Type Pb (%) Zn (%) Zone Type Pb (%) Zn (%) (m) (g/t) (g/t) (m) (g/t) (g/t) P4 Channel 1.45 1546 3.28 5.04 0.09 P2 Channel 2.49 1140 0.07 24.16 16.41 P2 Channel 2.1 20
Slide 24: Plata, an Emerging Keno Hill Analogue
Plata, an Emerging Keno Hill Analogue Keno Hill Silver District and Plata - Key Similarities Silver associated with hydrothermal fluids related to Mayo Suite intrusions Proximity to major thrust fault: Robert Service Thrust at Keno Hill and Plata Thrust Fault at Plata Complex network of faulti
Slide 25: Keno Hill Silver District | Historical Perspective
Keno Hill Silver District | Historical Perspective First mine shaft Historic silver mining camp in the Tintina Gold Belt, 180 km west of Plata on the Hector Claim, 1935, Over 200 million ounces of silver were produced from 1913 to 1989 from over 30 small Mayo Historical Society mines at Keno Hill* V
Slide 26: Keno Hill Silver District | Today
Keno Hill Silver District | Today Today, the Keno Hill Silver District is re- Keno Hill Silver District (2) | Past Mines and Current Resources emerging as Canada’s next producing silver camp Alexco Resource Corp (“Alexco”| TSX: AXU), with its dominant land position in the camp, is ramping up product
Slide 27: World's Top Mines with Most Valuable Ore
World’s Top 10 Mines with Most Valuable Ore Two Top 10 Mines Occur within the Keno Hill Mining District 28 TSX-V:TUF OTCQB:HBEIF
Slide 28: What's Driving Silver?
What’s Driving Silver? Silver climbed almost 50% in 2020 Silver's role as a real asset and monetary metal 12/31/2019 to 12/31/2020 diversifies portfolio risk, hedges inflation and maximizes value. Through the COVID-19 pandemic, silver has proven its value as a safe haven asset in portfolios, rising
Slide 29: What's Driving Silver? (Continued)
What’s Driving Silver? (Continued) Strong Growth in Silver ETFs to Continue At the end of 1H 2021, global silver holdings in ETFs reached an all-time high of 925 Million ounces, equal to 14 months of mine supply, eclipsing the highest annual inflow set back in 2009. Silver’s safe haven role also fun
Slide 30: Silver Demand in Automotive Industry
Silver Demand in Automotive Industry One Internal Combustion Engine vehicle uses 0.5 - 0.9 ounces of silver Silver loading in Electric Vehicles and Hybrids ranges from 0.8 to 1.6 ounces Electric Vehicles are expected to capture over 25% of global passenger car sales by 2030 31 TSX-V:TUF OTCQB:HB
Slide 31: Contact Information
CONTACT INFORMATION TSX-V:TUF OTCQB:HBEIF HONEY BADGER SILVER, INC. Investor Relations: Christina Slater, Manager Investors Relations cslater@honeybadgersilver.com (416) 364-2753 (914) 506-7933 Corporate Office: 401 Bay Street, Suite 2704 Box 4, Toronto, Canada M5H 2Y4 www.honeybadgersilver.com ©202
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