Honey Badger Silver Initiates an Updated Economic Study on Its 100%-Owned PC Silver Mine, NWT, Canada

Toronto, Ontario--(Newsfile Corp. - May 28, 2026) - Honey Badger Silver Inc. (TSXV: TUF) (OTCQB: HBEIF) (FSE: 1QA) (Tradegate: 1QA) ("Honey Badger" or the "Company") is pleased to announce that it has appointed JDS Energy & Mining Inc. ("JDS") to be the lead author of an updated Preliminary Economic Assessment ("PEA") and updated Mineral Resource Estimate ("MRE") on its Prairie Creek Mine ("PC Silver Mine"), located in the Northwest Territories of Canada. Honey Badger Silver expects this PEA and updated MRE to be completed in Q3 2026 and believes the studies could represent major technical and economic catalysts for the Company.