Honey Badger Silver Inc. has released an updated Preliminary Economic Assessment (PEA) and Mineral Resource estimate for the PC Silver Mine in the Northwest Territories. The project features an existing underground mine with significant infrastructure and outlines a 22-year life of mine with high silver-equivalent production.
Honey Badger Silver has updated its Prairie Creek silver-zinc project PEA, increasing the NPV to $1.2 billion. The update shows increased tonnage across measured, indicated, and inferred categories, though average grades have declined.
Honey Badger Silver Inc. has announced a positive Preliminary Economic Assessment (PEA) for its PC Silver Mine in the Northwest Territories. The project features a 22-year mine life with significant silver-equivalent production and an all-in sustaining cost (AISC) that could be negative due to substantial zinc, lead, and copper by-product credits.
Honey Badger Silver is working to restart the Prairie Creek silver-zinc-lead project in the Northwest Territories. While the project has a long history of failed attempts, the company is targeting a PEA update and first production by 2027, leveraging existing mill infrastructure and strong local Indigenous support.
Honey Badger Silver has identified significant germanium potential at its Prairie Creek Silver Project through a research partnership with the University of Toronto. Early whole-rock assays showed up to 316 ppm germanium, suggesting the project could provide meaningful byproduct revenue from this critical mineral.
Honey Badger Silver has identified high-grade germanium potential (up to 316 ppm) at its Prairie Creek Silver Project through a research partnership with the University of Toronto. This discovery adds a critical mineral dimension to the existing silver-zinc-lead resource, which includes 9.8 Mt of M&I resources.
Honey Badger Silver has entered a definitive agreement to acquire the Prairie Creek Project from Resource Capital Fund VI for C$12 million. To fund the acquisition, the company is launching a C$10 million brokered private placement. The project is a permitted underground silver-zinc-lead operation in the Northwest Territories with significant historical resources.
