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Honey Badger Silver finds germanium potential at Prairie Creek project

May 6, 2026 9:04 AM

Honey Badger Silver Inc. (TSXV: TUF) announced research findings indicating germanium potential at its Prairie Creek Silver Project in the Northwest Territories. The company said early-stage whole-rock assay results returned values up to 316 parts per million germanium within the Stratabound Massive Sulfide zone.

The research was conducted by Professor Dan Gregory and his team at the University of Toronto. The SMS zone represents approximately 10-15% of the known total tonnage at Prairie Creek, according to the company's statement.

The Prairie Creek project contains a historic resource estimate of 9.8 million tonnes of Measured and Indicated Resources, grading 139 grams per tonne silver, 9.7% zinc and 8.8% lead. The project also holds 6.4 million tonnes of Inferred Resources grading 150 grams per tonne silver, 12.9% zinc, and 6.7% lead.

Andrew Jedemann, Vice President of Exploration at Honey Badger Silver, said germanium prices exceed $8,000 per kilogram, double last year's price. He noted that historic drilling at Prairie Creek was not previously assayed for germanium.

The company reported that historic drilling also identified tungsten presence, with grades up to 0.40% tungsten trioxide over 27.8 meters. Both germanium and tungsten are classified as critical minerals by the Government of Canada.

Honey Badger Silver plans to continue collaboration with the University of Toronto through a proposed NSERC Alliance Grant. The funding would support re-sampling of historic drill core using newly developed germanium assay techniques during the upcoming field season.

Under the NSERC Alliance Advantage program, the National Science and Engineering Research Council of Canada would provide two dollars for each dollar contributed by Honey Badger Silver to the University of Toronto, pending successful application.

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