News Image

Honey Badger Acquires Clear Lake Deposit in Yukon Territory With Historical Resource of 5.5 Million Ounces of Silver(A)(B)

Provided By Globe Newswire

Last update: Mar 29, 2022

TORONTO, March 29, 2022 (GLOBE NEWSWIRE) -- Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger” or the “Company”) is pleased to announce that it has acquired a 100% interest in the Clear Lake deposit in the Whitehorse Mining District of the Yukon, for a total consideration of $250,000 in cash, subject to a 1% net smelter return royalty (“NSR”) on all metals other than silver.   The Clear Lake deposit is classified as a sedimentary-exhalative deposit (“SEDEX”) known to contain a significant amount of silver while representing an important source of zinc and lead.

Read more at globenewswire.com
Follow ChartMill for more