Honey Badger Newly Identifies Important Indium, Tungsten, Bismuth, and Copper Mineralization in Addition to Known Silver, Lead & Zinc at the Hy Project, Yukon

The news release dated February 10, 2026, announces the identification of high-grade critical minerals—specifically indium, tungsten, bismuth, and copper—at the company’s 100%-owned Hy Project in the Yukon. These findings are not the result of new drilling but rather a systematic review of historical assay data from rock samples collected between 2013 and 2015. Notable values include indium up to 179.5 ppm, copper up to 4.9%, and bismuth exceeding 10,000 ppm. Executive Chairman Chad Williams highlighted that this adds "exploration optionality" and aligns with Canada’s push for domestic critical mineral supply chains.

The impact is positive but qualifies as routine exploration promotion rather than a material operational milestone. - Narrative Shift: By identifying "critical minerals" alongside its silver-lead-zinc mineralization, the company is positioning itself to potentially qualify for government grants and attract a broader investor base focused on the green energy transition. - Data Validation: The review confirms the high-grade nature of the Hy Project, but the reliance on grab and chip samples from 2013-2015 means the results are selective and not necessarily representative of a bulk resource. - Management Confidence: The statement that "Honey Badger's market capitalization can be justified by Hy alone" is a bold promotional claim by the Chairman, intended to signal undervaluation relative to the company’s total portfolio (7 properties, including those with ~150M oz AgEq historical resources). - Financial Context: This news follows a recently closed $2.25M financing, providing the necessary "smoke" to keep investor interest high while the company prepares for actual field work.

Honey Badger Silver is a Canadian silver-focused explorer with a massive land position in the Yukon, NWT, and Nunavut. - Flagship Project: The Plata Project (Yukon), located adjacent to Snowline Gold’s Rogue discovery. Management is aggressively pursuing a "Reduced Intrusion-Related Gold System" (RIRGS) model here, believing the high-grade silver at surface is the "smoke" from a larger buried system. - Secondary Assets: Nanisivik (Nunavut), a past-producing mine with 100M+ tonnes of unmined massive sulphides, and the Hy and Clear Lake projects in the Yukon.