# Honey Badger Silver Announces Positive Preliminary Economic Assessment for the PC Silver Mine; Sees Significant Silver plus Critical Minerals Production Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0 Original source: https://orestocks.com/company/TUF.V/press-releases/6326415777273383 Publisher: orestocks Original announcement: 2026-09-17T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Honey Badger Silver Inc. - Ticker: TUF.V - Exchange: Unavailable - Region: Northwest Territories, Canada - Primary commodity: Silver - Secondary commodities: Zinc, Lead, Copper, Antimony, Germanium, Tungsten - Document categories: Resource update, Economic study - Extracted: 2026-09-17 12:22:09 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary Honey Badger Silver announced a positive Preliminary Economic Assessment \(PEA\) for its PC Silver Mine in the Northwest Territories, Canada, highlighting compelling economics with a 22-year mine life. The PEA shows strong after-tax NPV8% ranging from US$0.84 billion to US$2.27 billion and IRR from 29.3% to 54.8% across various price scenarios, with negative All-in Sustaining Costs due to significant by-product credits. The study is supported by an updated Mineral Resource Estimate, and the company plans to advance directly to a Feasibility Study by Q2 2027. Reasoning: Honey Badger Silver announced a highly positive Preliminary Economic Assessment for its PC Silver Mine, demonstrating robust economics, a long mine life, and significant silver and critical minerals production potential, supported by an updated mineral resource estimate. The project benefits from existing infrastructure and strong by-product credits, leading to negative AISC. - Positive factor: Highly positive PEA results with strong NPV and IRR across multiple price scenarios - Positive factor: Long 22-year mine life supported by a large resource base - Positive factor: Negative All-in Sustaining Costs \(AISC\) due to significant by-product credits - Positive factor: Existing infrastructure and key permits in place, reducing development risk - Positive factor: Potential for non-dilutive financing and critical minerals upside not yet included in economics - Negative factor: PEA is preliminary in nature and includes Inferred Mineral Resources - Negative factor: Some economic conventions \(IRR basis, price deck basis\) are undisclosed - Negative factor: Economic value from critical minerals \(germanium, antimony, tungsten\) and tax incentives not yet incorporated Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 41 ## Classification and evidence **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: A current resource fact retains the disclosed cut-off grade **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The source explicitly discloses a revised resource estimate Evidence · text > Updated Mineral Resource Estimate ## Extracted facts Stored fact records: 40. Some facts used in scoring do not have a stored record. ## Resource Estimates (40) ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-1) PC Silver Mine · ageq #### Identity - Project: PC Silver Mine - Commodity: ageq - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:12c081bc48de103bab4b - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 984000 - Grade: 663 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 663 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Measured resource category indicates high geological confidence with a strong silver equivalent grade, contributing positively to the overall resource update. - Positive factor: Highest confidence category \(Measured\) - Positive factor: High AgEq grade of 663 g/t Evidence · table > 663 Context: 0.984 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-2) PC Silver Mine · silver #### Identity - Project: PC Silver Mine - Commodity: silver - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:12c081bc48de103bab4b - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 984000 - Grade: 194 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Measured resource category for silver shows a good grade, contributing to the overall confidence and value of the resource. - Positive factor: Highest confidence category \(Measured\) - Positive factor: Good silver grade of 194 g/t Evidence · table > 194 Context: 0.984 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-3) PC Silver Mine · copper #### Identity - Project: PC Silver Mine - Commodity: copper - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:12c081bc48de103bab4b - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 984000 - Grade: 0.37 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Measured resource for copper, while not exceptionally high, adds to the polymetallic nature and overall value of the deposit. - Positive factor: Highest confidence category \(Measured\) - Positive factor: Copper grade contributes to polymetallic value Evidence · table > 0.37 Context: 0.984 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-4) PC Silver Mine · lead #### Identity - Project: PC Silver Mine - Commodity: lead - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:12c081bc48de103bab4b - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 984000 - Grade: 10.49 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Measured resource for lead shows a high grade, significantly contributing to the polymetallic value of the deposit. - Positive factor: Highest confidence category \(Measured\) - Positive factor: High lead grade of 10.49% Evidence · table > 10.49 Context: 0.984 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-5) PC Silver Mine · antimony #### Identity - Project: PC Silver Mine - Commodity: antimony - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:12c081bc48de103bab4b - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 984000 - Grade: 1021 - Grade Unit: ppm - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Measured resource for antimony, a critical mineral, adds to the potential value of the deposit, although its economic contribution is not yet fully quantified in the PEA. - Positive factor: Highest confidence category \(Measured\) - Positive factor: Antimony is a critical mineral and adds potential value Evidence · table > 1,021 Context: 0.984 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-6) PC Silver Mine · zinc #### Identity - Project: PC Silver Mine - Commodity: zinc - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:12c081bc48de103bab4b - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 984000 - Grade: 12.56 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Measured resource for zinc shows a high grade, significantly contributing to the polymetallic value of the deposit and the project's economics. - Positive factor: Highest confidence category \(Measured\) - Positive factor: High zinc grade of 12.56% Evidence · table > 12.56 Context: 0.984 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-7) PC Silver Mine · ageq #### Identity - Project: PC Silver Mine - Commodity: ageq - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:cde6751cdf5c13b04202 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 10644000 - Grade: 402 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 402 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Indicated resource category represents a substantial portion of the resource with a strong silver equivalent grade, providing good geological confidence for future studies. - Positive factor: Large tonnage in Indicated category \(10.644 Mt\) - Positive factor: Strong AgEq grade of 402 g/t Evidence · table > 402 Context: 10.644 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-8) PC Silver Mine · silver #### Identity - Project: PC Silver Mine - Commodity: silver - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:cde6751cdf5c13b04202 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 10644000 - Grade: 108 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Indicated resource for silver shows a good grade over a significant tonnage, contributing to the overall resource confidence. - Positive factor: Large tonnage in Indicated category - Positive factor: Good silver grade of 108 g/t Evidence · table > 108 Context: 10.644 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-9) PC Silver Mine · copper #### Identity - Project: PC Silver Mine - Commodity: copper - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:cde6751cdf5c13b04202 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 10644000 - Grade: 0.21 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Indicated resource for copper, while not high-grade, adds to the polymetallic nature of the deposit and is part of the overall resource base. - Positive factor: Large tonnage in Indicated category - Positive factor: Copper grade contributes to polymetallic value Evidence · table > 0.21 Context: 10.644 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-10) PC Silver Mine · lead #### Identity - Project: PC Silver Mine - Commodity: lead - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:cde6751cdf5c13b04202 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 10644000 - Grade: 6.88 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Indicated resource for lead shows a good grade over a significant tonnage, contributing to the overall resource confidence and polymetallic value. - Positive factor: Large tonnage in Indicated category - Positive factor: Good lead grade of 6.88% Evidence · table > 6.88 Context: 10.644 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-11) PC Silver Mine · antimony #### Identity - Project: PC Silver Mine - Commodity: antimony - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:cde6751cdf5c13b04202 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 10644000 - Grade: 955 - Grade Unit: ppm - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Indicated resource for antimony, a critical mineral, adds to the potential value of the deposit, although its economic contribution is not yet fully quantified in the PEA. - Positive factor: Large tonnage in Indicated category - Positive factor: Antimony is a critical mineral and adds potential value Evidence · table > 955 Context: 10.644 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-12) PC Silver Mine · zinc #### Identity - Project: PC Silver Mine - Commodity: zinc - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:cde6751cdf5c13b04202 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 10644000 - Grade: 7.76 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Indicated resource for zinc shows a good grade over a significant tonnage, contributing to the overall resource confidence and polymetallic value. - Positive factor: Large tonnage in Indicated category - Positive factor: Good zinc grade of 7.76% Evidence · table > 7.76 Context: 10.644 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-13) PC Silver Mine · ageq #### Identity - Project: PC Silver Mine - Commodity: ageq - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:d05ebb45198b8bce4244 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 11628000 - Grade: 424 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 424 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The combined Measured & Indicated resource provides a substantial and high-confidence resource base with a strong silver equivalent grade, underpinning the project's economic viability. - Positive factor: Large combined Measured & Indicated tonnage \(11.628 Mt\) - Positive factor: Strong AgEq grade of 424 g/t - Positive factor: High confidence resource base for economic studies Evidence · table > 424 Context: 11.628 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-14) PC Silver Mine · silver #### Identity - Project: PC Silver Mine - Commodity: silver - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:d05ebb45198b8bce4244 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 11628000 - Grade: 115 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The combined Measured & Indicated resource for silver shows a good grade over a significant tonnage, contributing to the overall resource confidence. - Positive factor: Large combined Measured & Indicated tonnage - Positive factor: Good silver grade of 115 g/t Evidence · table > 115 Context: 11.628 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-15) PC Silver Mine · copper #### Identity - Project: PC Silver Mine - Commodity: copper - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:d05ebb45198b8bce4244 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 11628000 - Grade: 0.23 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The combined Measured & Indicated resource for copper, while not high-grade, adds to the polymetallic nature of the deposit and is part of the overall resource base. - Positive factor: Large combined Measured & Indicated tonnage - Positive factor: Copper grade contributes to polymetallic value Evidence · table > 0.23 Context: 11.628 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-16) PC Silver Mine · lead #### Identity - Project: PC Silver Mine - Commodity: lead - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:d05ebb45198b8bce4244 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 11628000 - Grade: 7.19 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The combined Measured & Indicated resource for lead shows a good grade over a significant tonnage, contributing to the overall resource confidence and polymetallic value. - Positive factor: Large combined Measured & Indicated tonnage - Positive factor: Good lead grade of 7.19% Evidence · table > 7.19 Context: 11.628 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-17) PC Silver Mine · antimony #### Identity - Project: PC Silver Mine - Commodity: antimony - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:d05ebb45198b8bce4244 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 11628000 - Grade: 997 - Grade Unit: ppm - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The combined Measured & Indicated resource for antimony, a critical mineral, adds to the potential value of the deposit, although its economic contribution is not yet fully quantified in the PEA. - Positive factor: Large combined Measured & Indicated tonnage - Positive factor: Antimony is a critical mineral and adds potential value Evidence · table > 997 Context: 11.628 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-18) PC Silver Mine · zinc #### Identity - Project: PC Silver Mine - Commodity: zinc - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:d05ebb45198b8bce4244 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 11628000 - Grade: 8.16 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The combined Measured & Indicated resource for zinc shows a good grade over a significant tonnage, contributing to the overall resource confidence and polymetallic value. - Positive factor: Large combined Measured & Indicated tonnage - Positive factor: Good zinc grade of 8.16% Evidence · table > 8.16 Context: 11.628 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-19) PC Silver Mine · ageq #### Identity - Project: PC Silver Mine - Commodity: ageq - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:eb6fe3faadbb764976b8 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8469000 - Grade: 492 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 492 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Inferred resource category provides significant upside potential with a high silver equivalent grade, but its speculative nature means it cannot be fully relied upon for economic studies without further drilling. - Positive factor: Significant tonnage in Inferred category \(8.469 Mt\) - Positive factor: High AgEq grade of 492 g/t - Negative factor: Inferred resources are considered too speculative geologically for economic studies Evidence · table > 492 Context: 8.469 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-20) PC Silver Mine · silver #### Identity - Project: PC Silver Mine - Commodity: silver - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:eb6fe3faadbb764976b8 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8469000 - Grade: 130 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Inferred resource for silver shows a good grade over a significant tonnage, but its speculative nature means it cannot be fully relied upon for economic studies without further drilling. - Positive factor: Significant tonnage in Inferred category - Positive factor: Good silver grade of 130 g/t - Negative factor: Inferred resources are considered too speculative geologically for economic studies Evidence · table > 130 Context: 8.469 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-21) PC Silver Mine · copper #### Identity - Project: PC Silver Mine - Commodity: copper - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:eb6fe3faadbb764976b8 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8469000 - Grade: 0.33 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Inferred resource for copper, while contributing to the polymetallic nature, is speculative and requires further work to confirm its economic viability. - Positive factor: Significant tonnage in Inferred category - Positive factor: Copper grade contributes to polymetallic value - Negative factor: Inferred resources are considered too speculative geologically for economic studies Evidence · table > 0.33 Context: 8.469 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-22) PC Silver Mine · lead #### Identity - Project: PC Silver Mine - Commodity: lead - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:eb6fe3faadbb764976b8 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8469000 - Grade: 6.13 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Inferred resource for lead shows a good grade over a significant tonnage, but its speculative nature means it cannot be fully relied upon for economic studies without further drilling. - Positive factor: Significant tonnage in Inferred category - Positive factor: Good lead grade of 6.13% - Negative factor: Inferred resources are considered too speculative geologically for economic studies Evidence · table > 6.13 Context: 8.469 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-23) PC Silver Mine · antimony #### Identity - Project: PC Silver Mine - Commodity: antimony - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:eb6fe3faadbb764976b8 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8469000 - Grade: 1617 - Grade Unit: ppm - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Inferred resource for antimony, a critical mineral, adds to the potential value of the deposit, but its speculative nature means it cannot be fully relied upon for economic studies without further drilling. - Positive factor: Significant tonnage in Inferred category - Positive factor: Antimony is a critical mineral and adds potential value - Negative factor: Inferred resources are considered too speculative geologically for economic studies Evidence · table > 1,617 Context: 8.469 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-24) PC Silver Mine · zinc #### Identity - Project: PC Silver Mine - Commodity: zinc - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-06-21T00:00:00.000Z - Reporting standards: ni\_43\_101, other - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:eb6fe3faadbb764976b8 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8469000 - Grade: 11.03 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Inferred resource for zinc shows a high grade over a significant tonnage, but its speculative nature means it cannot be fully relied upon for economic studies without further drilling. - Positive factor: Significant tonnage in Inferred category - Positive factor: High zinc grade of 11.03% - Negative factor: Inferred resources are considered too speculative geologically for economic studies Evidence · table > 11.03 Context: 8.469 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-25) PC Silver Mine · silver #### Identity - Project: PC Silver Mine - Commodity: silver - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:fa4c840fb1da09f9031f - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 984000 - Grade: 194 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 663 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Measured resource category indicates high geological confidence with a strong silver equivalent grade, contributing positively to the overall resource update. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Highest confidence category \(Measured\) - Positive factor: High AgEq grade of 663 g/t Evidence · table > 194 Context: 0.984 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-26) PC Silver Mine · copper #### Identity - Project: PC Silver Mine - Commodity: copper - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:fa4c840fb1da09f9031f - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 984000 - Grade: 0.37 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 663 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Measured resource category indicates high geological confidence with a strong silver equivalent grade, contributing positively to the overall resource update. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Highest confidence category \(Measured\) - Positive factor: High AgEq grade of 663 g/t Evidence · table > 0.37 Context: 0.984 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-27) PC Silver Mine · lead #### Identity - Project: PC Silver Mine - Commodity: lead - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:fa4c840fb1da09f9031f - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 984000 - Grade: 10.49 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 663 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Measured resource category indicates high geological confidence with a strong silver equivalent grade, contributing positively to the overall resource update. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Highest confidence category \(Measured\) - Positive factor: High AgEq grade of 663 g/t Evidence · table > 10.49 Context: 0.984 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-28) PC Silver Mine · zinc #### Identity - Project: PC Silver Mine - Commodity: zinc - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:fa4c840fb1da09f9031f - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 984000 - Grade: 12.56 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 663 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Measured resource category indicates high geological confidence with a strong silver equivalent grade, contributing positively to the overall resource update. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Highest confidence category \(Measured\) - Positive factor: High AgEq grade of 663 g/t Evidence · table > 12.56 Context: 0.984 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-29) PC Silver Mine · silver #### Identity - Project: PC Silver Mine - Commodity: silver - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:79173b377d0fb3b57563 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 10644000 - Grade: 108 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 402 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Indicated resource category represents a substantial portion of the resource with a strong silver equivalent grade, providing good geological confidence for future studies. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Large tonnage in Indicated category \(10.644 Mt\) - Positive factor: Strong AgEq grade of 402 g/t Evidence · table > 108 Context: 10.644 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-30) PC Silver Mine · copper #### Identity - Project: PC Silver Mine - Commodity: copper - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:79173b377d0fb3b57563 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 10644000 - Grade: 0.21 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 402 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Indicated resource category represents a substantial portion of the resource with a strong silver equivalent grade, providing good geological confidence for future studies. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Large tonnage in Indicated category \(10.644 Mt\) - Positive factor: Strong AgEq grade of 402 g/t Evidence · table > 0.21 Context: 10.644 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-31) PC Silver Mine · lead #### Identity - Project: PC Silver Mine - Commodity: lead - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:79173b377d0fb3b57563 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 10644000 - Grade: 6.88 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 402 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Indicated resource category represents a substantial portion of the resource with a strong silver equivalent grade, providing good geological confidence for future studies. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Large tonnage in Indicated category \(10.644 Mt\) - Positive factor: Strong AgEq grade of 402 g/t Evidence · table > 6.88 Context: 10.644 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-32) PC Silver Mine · zinc #### Identity - Project: PC Silver Mine - Commodity: zinc - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:79173b377d0fb3b57563 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 10644000 - Grade: 7.76 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 402 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Indicated resource category represents a substantial portion of the resource with a strong silver equivalent grade, providing good geological confidence for future studies. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Large tonnage in Indicated category \(10.644 Mt\) - Positive factor: Strong AgEq grade of 402 g/t Evidence · table > 7.76 Context: 10.644 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-33) PC Silver Mine · silver #### Identity - Project: PC Silver Mine - Commodity: silver - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:d8f1e8a003a3af614e0b - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 11628000 - Grade: 115 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 424 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The combined Measured & Indicated resource provides a substantial and high-confidence resource base with a strong silver equivalent grade, underpinning the project's economic viability. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Large combined Measured & Indicated tonnage \(11.628 Mt\) - Positive factor: Strong AgEq grade of 424 g/t - Positive factor: High confidence resource base for economic studies Evidence · table > 115 Context: 11.628 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-34) PC Silver Mine · copper #### Identity - Project: PC Silver Mine - Commodity: copper - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:d8f1e8a003a3af614e0b - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 11628000 - Grade: 0.23 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 424 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The combined Measured & Indicated resource provides a substantial and high-confidence resource base with a strong silver equivalent grade, underpinning the project's economic viability. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Large combined Measured & Indicated tonnage \(11.628 Mt\) - Positive factor: Strong AgEq grade of 424 g/t - Positive factor: High confidence resource base for economic studies Evidence · table > 0.23 Context: 11.628 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-35) PC Silver Mine · lead #### Identity - Project: PC Silver Mine - Commodity: lead - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:d8f1e8a003a3af614e0b - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 11628000 - Grade: 7.19 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 424 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The combined Measured & Indicated resource provides a substantial and high-confidence resource base with a strong silver equivalent grade, underpinning the project's economic viability. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Large combined Measured & Indicated tonnage \(11.628 Mt\) - Positive factor: Strong AgEq grade of 424 g/t - Positive factor: High confidence resource base for economic studies Evidence · table > 7.19 Context: 11.628 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-36) PC Silver Mine · zinc #### Identity - Project: PC Silver Mine - Commodity: zinc - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:d8f1e8a003a3af614e0b - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 11628000 - Grade: 8.16 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 424 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The combined Measured & Indicated resource provides a substantial and high-confidence resource base with a strong silver equivalent grade, underpinning the project's economic viability. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Large combined Measured & Indicated tonnage \(11.628 Mt\) - Positive factor: Strong AgEq grade of 424 g/t - Positive factor: High confidence resource base for economic studies Evidence · table > 8.16 Context: 11.628 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-37) PC Silver Mine · silver #### Identity - Project: PC Silver Mine - Commodity: silver - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:ba98e981ca47cfd1a828 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8469000 - Grade: 130 - Grade Unit: g/t - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 492 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Inferred resource category provides significant upside potential with a high silver equivalent grade, but its speculative nature means it cannot be fully relied upon for economic studies without further drilling. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Significant tonnage in Inferred category \(8.469 Mt\) - Positive factor: High AgEq grade of 492 g/t - Negative factor: Inferred resources are considered too speculative geologically for economic studies Evidence · table > 130 Context: 8.469 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-38) PC Silver Mine · copper #### Identity - Project: PC Silver Mine - Commodity: copper - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:ba98e981ca47cfd1a828 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8469000 - Grade: 0.33 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 492 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Inferred resource category provides significant upside potential with a high silver equivalent grade, but its speculative nature means it cannot be fully relied upon for economic studies without further drilling. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Significant tonnage in Inferred category \(8.469 Mt\) - Positive factor: High AgEq grade of 492 g/t - Negative factor: Inferred resources are considered too speculative geologically for economic studies Evidence · table > 0.33 Context: 8.469 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-39) PC Silver Mine · lead #### Identity - Project: PC Silver Mine - Commodity: lead - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:ba98e981ca47cfd1a828 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8469000 - Grade: 6.13 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 492 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Inferred resource category provides significant upside potential with a high silver equivalent grade, but its speculative nature means it cannot be fully relied upon for economic studies without further drilling. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Significant tonnage in Inferred category \(8.469 Mt\) - Positive factor: High AgEq grade of 492 g/t - Negative factor: Inferred resources are considered too speculative geologically for economic studies Evidence · table > 6.13 Context: 8.469 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/honey-badger-silver-announces-positive-preliminary-economic-assessment-for-the-p--228dda7f-80ff-4667-bf4f-2e6925a3b1d0#fact-resource-facts-40) PC Silver Mine · zinc #### Identity - Project: PC Silver Mine - Commodity: zinc - Region: canada - Reported Region: Northwest Territories, Canada - Ticker: TUF.V #### Resource scope - Estimate type: resource - Effective date: 2026-08-31T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Greg Mosher - Resource group id: resource:ba98e981ca47cfd1a828 - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 8469000 - Grade: 11.03 - Grade Unit: % - Cutoff Grade: 100 - Cutoff Unit: g/t AgEq #### Prior Estimate - Resource Date: 2026-06-21 #### Metal Equivalent - Metal Eq. Grade: 492 - Metal Eq. Unit: g/t AgEq - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-17T00:00:00.000Z Reasoning: The Inferred resource category provides significant upside potential with a high silver equivalent grade, but its speculative nature means it cannot be fully relied upon for economic studies without further drilling. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: Significant tonnage in Inferred category \(8.469 Mt\) - Positive factor: High AgEq grade of 492 g/t - Negative factor: Inferred resources are considered too speculative geologically for economic studies Evidence · table > 11.03 Context: 8.469 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.