Drill Results
Honey Badger Silver Completes 2026 Field Program Targeting High-Grade Silver-Polymetallic Mineralization at Yava Project, Nunavut
Yava field program wraps up; lab results await to guide next drill targets.

Executive Summary
- Honey Badger Silver completed its first-ever field exploration program at the 100%-owned Yava Project in Nunavut.
- The 2026 campaign focused on geological mapping, systematic sampling, and target generation for future drilling.
- Samples have been sent to an accredited laboratory in Yellowknife for geochemical analysis.
- Historical resource context: 1.3 Mt grading 106.8 g/t Ag, 1.03% Cu, 4.96% Zn, 1.60% Pb, and 0.30 g/t Au.
- The Main Zone comprises a shallow massive sulphide lens (10-35m thick, ~250m strike) tested historically to ~80m depth; it remains open at depth and along strike.
- A large footwall alteration and stringer sulphide zone has been traced for ~2.6 km.
- Several untested regional targets were identified, including North Zone, M-3, Caribou Zone, and HLEM-C/D.
- Next steps involve integrating lab results with historical data to rank targets for follow-up exploration and potential drilling.
- B2 Gold provided logistical support via their nearby Goose Mine and airstrip.
Material Impact
- The release is an expected, incremental exploration update. It confirms the completion of a target-generation phase but does not deliver new drill results, resource estimates, or economic studies.
- The market has already priced in the company's intent to advance Yava. The completion of the field program is a standard procedural step toward future drilling and does not constitute a material change to the company's near-term catalysts.
- The primary value driver remains the PC Silver Mine's updated Mineral Resource Estimate and Preliminary Economic Assessment, expected in September 2026.
- The news is routine and aligns with previous management guidance. It provides no immediate financial or operational upside.
TUF · Price
Company Overview
- Honey Badger Silver Inc. is a Canadian silver explorer and developer focused on high-grade polymetallic projects in Tier-1 jurisdictions.
- Flagship Asset: PC Silver Mine (Prairie Creek) in the Northwest Territories. It is a fully permitted, brownfield project halted at ~95% completion in the 1980s. It features 5 km of existing underground development, a 1,000 tpd mill, and a $25M government grant for road access.
- Portfolio includes Nanisivik (Nunavut), Plata (Yukon), Yava (Nunavut), Sunrise Lake, Clear Lake, Groundhog, and HY projects.
- Strategic focus on silver, zinc, lead, and critical minerals (germanium, tungsten, indium, antimony).
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Aug 19, 2026 · 13:15