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Honey Badger Exploration ( (TSE:TUF) ) has provided an announcement.
Honey Badger Silver Inc. has identified significant unmined silver and zinc mineralization at its Nanisivik project, which was previously closed due to low metal prices. With current higher commodity prices and improved infrastructure, including a new deep-water port, the company sees potential for economic resource development. The identification of priority targets such as Deb, Ocean View North, and Area 14, along with historical data showing high-grade intersections, suggests promising opportunities for resource expansion. Additionally, the potential for germanium, gallium, and sulphuric acid production could further enhance the project’s value, positioning Honey Badger favorably in the market.
More about Honey Badger Exploration
Honey Badger Silver Inc. operates in the mining industry, focusing on the exploration and development of silver and zinc resources. The company is particularly engaged in projects located in Canada, with a notable emphasis on the Nanisivik project on Baffin Island, Nunavut.
YTD Price Performance: -1.67%
Average Trading Volume: 60,977
Technical Sentiment Signal: Sell
Current Market Cap: C$8.94M
For detailed information about TUF stock, go to TipRanks’ Stock Analysis page.