Honey Badger Silver Announces Positive Preliminary Economic Assessment for the PC Silver Mine; Sees Significant Silver plus Critical Minerals Production
Honey Badger Silver announced positive results from an updated Preliminary Economic Assessment (PEA) and Mineral Resource Estimate (MRE) for its 100%-owned PC Silver Mine in the Northwest Territories, Canada. The PEA outlines compelling economics, including an after-tax NPV8% of $1.8 billion and an IRR of 38% at spot pricing, with a 22-year mine life and negative All-in Sustaining Costs. The updated MRE reports 11.63 million tonnes of Measured & Indicated resources grading 424 g/t AgEq and 8.47 million tonnes of Inferred resources grading 492 g/t AgEq.