Honey Badger Silver Samples up to 279 g/t Silver, 5.82% Copper, & 0.83 g/t Gold and Identifies Multiple New Mineralized Occurrences at Its Yava Project, Nunavut

Honey Badger Silver Inc. announced results from its first prospecting program at the 100%-owned Yava Project in Nunavut. A five-day field program conducted in August 2026 collected 146 rock samples, identifying new mineralized occurrences at the R-12, M-9, M-10, and South Zone targets.

Grab samples from the historic Main Zone returned up to 279 g/t silver, 5.82% copper, 0.83 g/t gold, 0.60% zinc, and 0.32% lead. Historical drilling conducted between 1974 and 1975 previously identified 40.1 metres grading 67.53 g/t silver, 1.1% copper, 3.73% zinc, 0.54 g/t gold, and 0.36% lead in hole DH Y-74-01.

Assay methodology utilized ALS Canada Ltd. with no certified reference materials (CRMs), blanks, or field duplicates inserted into the sample sequence; verification relied solely on ALS's internal QC program. No specific cutoff grade is disclosed for the grab samples, and values are reported as received. Management reiterated that the primary focus remains on advancing the PC Silver Mine toward production, while positioning Yava as a meaningful portfolio asset.

Honey Badger Silver Inc. (TUF) released results following its August 26, 2026 announcement that the Yava field program was completed and samples were submitted for analysis. The grab sample results are consistent with the historic high-grade VMS system previously documented at Yava and do not introduce new drilling or resource definition data.

The lack of independent QA/QC (CRMs, blanks, duplicates) limits the statistical reliability of the grab samples for immediate resource modeling. The news does not alter the Preliminary Economic Assessment (PEA) or Mineral Resource Estimate for the flagship PC Silver Mine, nor does it trigger any immediate capital expenditure or financing requirements. The update is incremental, validating district prospectivity but remaining in the early exploration phase. It aligns with management's stated strategy of advancing multiple projects concurrently while prioritizing PC Silver Mine development.

Honey Badger Silver Inc. is a Canadian-focused silver explorer and developer with a portfolio of 100%-owned projects across the Northwest Territories, Yukon, and Nunavut. Its flagship asset is the PC Silver Mine (Prairie Creek) in the Northwest Territories, a fully permitted, past-producing brownfield site featuring extensive legacy infrastructure. This includes a 1,000 tpd mill permitted to operate at 2,400 tpd, 5 km of underground workings, and an airstrip.

A preliminary economic assessment (PEA) for the PC Silver Mine outlines a 22-year operation targeting negative All-In Sustaining Costs (AISC) due to substantial by-product credits from zinc, lead, and copper. The company’s additional portfolio assets include Nanisivik and Yava in Nunavut, and Plata, Hy, Clear Lake, and Groundhog in Yukon, all of which hold historic resources or high-grade exploration targets. Honey Badger Silver Inc. is strategically positioning itself to capitalize on rising silver prices and increasing demand for critical minerals like germanium, antimony, and tungsten.