Honey Badger Silver advances PC Mine restart plans, expands Nanisivik exploration

Honey Badger Silver CEO Chad Williams joined Steve Darling from Proactive to share information the corporate is taking vital steps towards unlocking worth from two of its key northern Canadian belongings, advancing plans to restart the historic PC Silver Mine within the Northwest Territories whereas increasing exploration efforts at its Nanisivik Project on Baffin Island, Nunavut.

Williams defined that the PC Silver Mine is a uncommon asset as a result of it already accommodates an in depth processing facility that was considerably accomplished in 1982 however by no means entered business operation. The facility has remained largely intact and effectively preserved for many years after the mission was mothballed when silver costs declined.

According to Williams, changing the prevailing transport systems immediately would doubtless value a minimum of $300 million and require a number of years to assemble. As a outcome, understanding which elements of the ability may be effectively reused is predicted to play a vital position in figuring out each the economics and timeline of a possible restart.

Tusk Automation has begun an on-site evaluation of the services, with fieldwork anticipated to be accomplished by the top of September and a last report anticipated by late November. While the research’s findings won’t be obtainable in time to be integrated into the corporate’s upcoming Preliminary Economic Assessment (PEA), Honey Badger expects the work to offer engineering-level info appropriate for inclusion in a future feasibility research.

The firm’s broader goal is to speed up the restart of the PC Silver Mine by leveraging the substantial transport systems already in place and capitalizing on the many years of growth work beforehand accomplished on the web site.

In addition to advancing the PC mission, Honey Badger has accomplished its 2026 subject exploration program on the Nanisivik Project, a historic mining district situated on Baffin Island in Nunavut.

The program builds on encouraging exploration outcomes generated in 2025 and focuses on two rising alternatives recognized by the corporate. The first is an in depth massive-pyrite system that administration believes could host extra invaluable mineralization. The second is the potential for silver, zinc, lead and important mineral enrichment situated outdoors the traditionally mined areas.

The 2026 marketing campaign was particularly designed to enhance the corporate’s understanding of those targets utilizing fashionable geological and analytical methods. Field crews collected quite a few samples which were transported beneath strict chain-of-custody procedures and submitted to an impartial accredited laboratory for complete multi-element geochemical evaluation.

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