Honey Badger Uncovers More Significant Geologic Potential at Plata Project, Yukon
Executive Summary
- Honey Badger Silver reports significant expansion of sheet‑vein zones and discovery of new mineralized targets across its 100 % owned Plata project in the Yukon.
- The summer field program collected 102 rock samples and 569 soil samples; assay results are pending and will guide a planned drilling campaign before year‑end.
- Key geological observations include newly identified Mayo‑suite felsic intrusions, extensive sheeted quartz veining, sulfide mineralization, and extensions of the Rogue and Plata thrust faults, expanding the prospective RIRG target area to roughly 4 × 5 km.
Key Details
- Extended Sheeted Vein Zone – Northwest Plata
- Additional sheeted‑vein systems identified, increasing the prospective RIRG mineralization footprint to ~4 km × 5 km within newly staked claim blocks.
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Mayo Suite felsic intrusions interpreted over a 2.3 km × 0.67 km area; western extent of the Rogue Thrust Fault mapped.
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Aho Zone Expansion
- Discovered an ~810 m × 230 m quartz‑vein and sulfide mineralized zone overlapping historic high‑grade silver geochemical anomalies (soil Ag up to 50 g/t).
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Two additional similar zones located near the Plata and Rogue Thrust Faults.
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South Plata Geophysical Low
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Quartz veining and felsic intrusive float identified over a magnetic low; no prior work completed in this area.
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Sample Collection & Assays
- 102 rock samples and 569 soil samples collected during the program.
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Assays for 102 rocks and 568 soils expected in the coming weeks; results will inform drilling decisions before year‑end.
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Geological Highlights
- Presence of hornfels alteration, sulfide mineralization (pyrite, chalcopyrite, malachite) associated with sheeted quartz veins across multiple lithologies (mudstone, shale, chert, sandstone).
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Mapping confirms extensions of the Rogue Thrust Fault (western extension) and both Plata and Rogue thrust faults to the east, delineating structural controls for mineralization.
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Potential RIRG System
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The newly identified sheeted‑vein zones may indicate Reduced Intrusion‑Related Gold (RIRG) systems similar to Snowline Gold’s adjacent Rogue project (7.94 Moz Au M&I).
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Next Steps
- Await assay results; use data plus ongoing field observations to design a drilling program targeting the expanded sheeted‑vein and fault‑controlled zones before year‑end.
Notable Quotes
“Honey Badger has discovered numerous auspicious geologic targets that absolutely merit follow up work. Plata is shaping up to be a game‑changer for Honey Badger.” – Chad Williams, Executive Chairman