TUF Honey Badger Silver Inc

Honey Badger Exploration Inc. (TSX VENTURE:TUF) ("HBE" or the "Company") is
pleased to announce that initial work on its Sagar Property has identified the
potential for a high tonnage Iron Oxide Copper Gold (IOCG) deposit on the
property. The IOCG model is supported by the presence of a favorable structural
setting for an IOCG deposit, the abundance of polymetallic showings
(copper-gold-silver-cobalt) and the presence of diagnostic IOCG hydrothermal
alteration. 


The Sagar Property is comprised of a series of claims totaling 107 square
kilometres within the Labrador Trough, 200 kilometres north of Shefferville,
Quebec. Historically, the property has had high-grade gold and copper showings. 


Quentin Yarie, HBE's President and COO, states, "The results of our preliminary
work on our Sagar property are very encouraging. The targeted sampling of the
property last summer confirmed the grades obtained by historic assay results and
further highlight the gold and cobalt potential of showings that were not tested
in the past. Although the property requires focused exploration work, we believe
our Sagar Property has the potential to be a high-tonnage IOCG deposit." 


Natural Sciences and Engineering Research Council - Collaborative Research and
Development Programs ("NSERC-CRD")


Under a fully funded joint University of Manitoba and NSERC-CRD research project
supported by HBE, Dr. Mostafa Fayek, Professor at the University of Manitoba and
a Canada Research Chair in Isotope and Environmental Geochemistry, is working
with the HBE team to better define the deposit model for the Sagar property and
to identify the chemical and geological vectors for mineralization. A progress
report on Dr. Fayek's study has been received and HBE is reviewing it to further
its knowledge on the property.


According to Dr. Fayek, "The hematite-chlorite-carbonate mineral assemblage is
(....) consistent with distal, low-temperature, shallow-late type alteration
associated with deposits such as Olympic Dam."


The Sagar Property showcases an abundance of polymetallic mineralization zones
with surface indications of potential high-grade mineralized zones, specifically
at the Delhi Pacific and Tache showings. 


At the Delhi Pacific showing, historically significant drilling intersections
include 45.81 metres @ 0.51% copper and 10.7 metres @ 0.78% copper. While these
intersections were not tested for silver, gold or cobalt, historic and recent
grab samples(i) contain up to 1.8 grams per ton ("g/t") gold, and up to 35 g/t
silver. Grab samples(i) from the Tache showing contain over 5 g/t gold, up to
44.7 g/t silver, 0.83% cobalt, and up to 3.1% copper. 


Re-sampling of the Tache and Delhi Pacific showings in 2013 supported the
historic assay results. Grab samples(i) from the Tache showing assayed 0.55%
cobalt, 1.2% copper, 0.48% zinc, 0.05% nickel and up to 9.2 g/t silver. Delhi
Pacific results were up to 7.3% copper and 24.9 g/t silver. 


(i)Grab samples are selective by nature and are unlikely to represent average
grades of the deposits.


The Sagar Property also includes extensive, untested copper and cobalt soil
anomalies, which are all potential targets for copper and cobalt mineralized
zones. Historical drilling of a small copper soil anomaly in 2007 produced 6.7
metres @ 2.46% copper and 1.50 metres @ 0.25 g/t gold.


HBE will be working with its team of experts over the next few months to refine
drilling targets based on geochemical, structural and geophysical analysis. An
extensive drilling program is planned for the summer of 2014. 


Qualified Person

Quentin Yarie, P.Geo is the qualified person in regard to the technical data
contained within this news release and will be responsible for overseeing all
aspects of the Company's exploration programs.


About Honey Badger Exploration Inc.

Honey Badger Exploration is a gold and base-metals exploration company
headquartered in Toronto, Ontario, Canada with properties in Quebec and British
Columbia. The company's common shares trade on the TSX Venture Exchange under
the symbol "TUF".


For more information, please visit our website at http://www.honeybadgerexp.com.

This News Release contains forward-looking statements. Forward-looking
statements are statements which relate to future events. In some cases, you can
identify forward-looking statements by terminology such as "may", "should",
"expects", "plans", "anticipates", "believes", "estimates", "predicts",
"potential" or "continue" or the negative of these terms or other comparable
terminology. These statements are only predictions and involve known and unknown
risks, uncertainties and other factors that may cause our or our industry's
actual results, levels of activity, performance or achievements to be materially
different from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking statements. 


Cautionary Statement: Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Honey Badger Exploration Inc.
Quentin Yarie
President and Chief Operating Officer
(416) 364-7029
(416) 364-2753 (FAX)
qyarie@honeybadgerexp.com
www.honeybadgerexp.com

Honey Badger Silver (TSXV:TUF)
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Honey Badger Silver (TSXV:TUF)
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