TORONTO, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Honey Badger Exploration Inc. (TSX-V:TUF) (“Honey Badger” or the “Company”) announces that it will be exhibiting at the upcoming 2018 Prospectors and Developers Association of Canada (PDAC) International Conference from March 4 to 7, 2018.
Members of Honey Badger’s management team would like to invite current shareholders, potential investors, analysts, brokers and interested parties to visit booth 2512 in the Investor Exchange to learn about the Company’s new Thunder Bay Silver/Cobalt Camp and its current exploration program.
The 2018 PDAC Investor Exchange is being held March 4 to 7, 2018 at the Metro Toronto Convention Centre – South Building. The show runs from 10:00am to 5:00pm Sunday (March 4) to Tuesday (March 6), and 9:00am to 12:00pm on Wednesday (March 7).
About the Thunder Bay Silver/Cobalt Camp
Honey Badger has secured a large land package in the historic Thunder Bay Silver District. The Company’s three properties, collectively known as the Thunder Bay Silver/Cobalt Camp are prospective for multi-element silver mineralization similar to that of the Cobalt District. All properties are ideally located close to roads, power lines, infrastructure, and skilled labour force.
The Company has initiated a systematic exploration program at the Thunder Bay Silver/Cobalt Camp. Airborne geophysics, including electromagnetic and airborne magnetic surveys, are underway to pinpoint geophysical contrasts and define main structural controls. Field work will focus on the geophysical targets. Rock samples are being collected and analysed using a Shortwave Infrared Spectrometer (SWIR) to examine alteration and will be subsequently assayed. Following the geophysical analysis, geochemical analysis and historical data compilation, drill targets will be selected. A diamond drilling program is planned in the coming months.
Granting of Stock Options
The Company announces that it has granted an aggregate of 850,000 Stock Options (“Options”) to a new director and the new CFO of the Company. The Options were granted under the Corporation's Stock Option Plan and each Option entitles the holder to acquire one common share of the Company’s capital stock, exercisable for a period of up to three (3) years at a price of $0.055 per share. The Options are granted pursuant to the Company's Stock Option Plan and will be subject to applicable regulatory hold periods.
About Honey Badger Exploration Inc.
Honey Badger Exploration is a gold and base-metals exploration company headquartered in Toronto, Ontario, Canada with properties in Quebec and Ontario. The Company's common shares trade on the TSX Venture Exchange under the symbol “TUF”.
For more information, please visit our website at http://www.honeybadgerexp.com.
Or contact:
Quentin Yarie, President & CEO, (416) 364-7029, qyarie@honeybadgerexp.com
or
Mia Boiridy, Investor Relations, (416) 364-7029, mboiridy@honeybadgerexp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.