TUF Honey Badger Silver Inc

Honey Badger Ltd (TSX VENTURE:TUF) ("HBE" or the "Company") has received all
geochemical analyses for samples collected during its winter field program on
the Sagar Property. The metal associations, alteration mineral assemblages and
alteration facies identified are typical of those associated with Iron Oxide
Copper Gold (IOCG) mineralization. These results indicate that the
mineralization found at Sagar is more extensive than previously thought, and
that the mineralized occurrences are genetically related.


Anomalous IOCG Metal Associations Identified

During the course of the exploration program, 169 grab samples were collected
along strike of previously identified mineral showings. Grab sample assay
results indicate the presence of metals associated with an IOCG system.
Specifically, the samples have anomalous copper (Cu; up to 7.36% at the Delhi
Showing), gold (Au; 500 ppb at the Delhi Showing), silver (Ag; up to 24.9 g/t at
the Delhi Showing) and cobalt (Co; up to 0.66% at the Tache Lake Showing)(i). 


The grab samples were collected from an area running along the strike length of
mineralization at both the Delhi and Tache Lake Showings and extending 400 and
300 metres respectively to the east. Preliminary geophysical interpretations
indicate that the mineralization appears to extend even further along strike but
is covered by overburden.


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


IOCG Alteration Minerals Identified Through Thin Section Analysis 

A total of 54 thin section samples were collected during the program from
representative rock types in order to characterize the style of mineralization
at Sagar. Analyses of the samples revealed alteration minerals consistent with
an IOCG alteration assemblage. Specifically, the alteration minerals albite,
calcite, dolomite, quartz, hematite, biotite, actinolite, magnetite, titanite,
white mica tourmaline and epidote were identified.


IOCG Alteration Facies Identified Through Geochemical Analysis

A total of 169 grab samples, and 623 grab and historic drill core samples were
analyzed from the exploration program in order to characterize the alteration
mineral assemblages through geochemistry. The alteration facies observed over
the Sagar Property has all the alteration facies expected in an IOCG system. 


Quentin Yarie, HBE's President and COO stated, "We are extremely pleased with
these geochemical results. Our Sagar Property shows all the characteristics of
an IOCG deposit - the presence of a favourable structural setting, the abundance
of polymetallic showings (copper-gold-silver-cobalt) and now, through
geochemical analysis, the confirmed presence of diagnostic IOCG hydrothermal
alteration". 


On-site Quality Assurance/Quality Control Measures  

All grab and core samples were shipped to ACTLABS preparation laboratory in
Timmins, Ontario. Analyses were performed in the ACTLABS laboratory in Ancaster
or Timmins, Ontario. All historic core samples were selected by the Honey Badger
site geologist, and were cut in half by diamond core saw. Individual samples
were labelled, placed in plastic sample bags and sealed. Groups of samples were
then placed into durable rice bags that were shipped out when ready. The
remaining coarse reject portions of the samples remain in storage at the ACTLABS
preparation laboratory storage facility in the event that further work or
verification is needed. 


Independent Quality Assurance and Quality Control Protocol  

A QA/QC program was implemented to monitor all assays from the exploration
program. Grab and historic samples were assembled in batches and sealed prior to
shipping. Included in each batch of samples were certified reference standards
every 20 samples and blank samples inserted randomly (approximately every 20-30
samples). 


About the Sagar Property

The Sagar Property is comprised of 377 claims totalling 107 square kilometres
within the Labrador Trough, 200 kilometres north of Shefferville, Quebec.
Historically, the property has had high-grade gold and copper showings. 


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 grams/tonne gold.


Administration

The Company granted a total of 2,780,000 stock options to directors, officers
and consultants of the Company on July 2, 2014 under the terms of the incentive
stock option plan of the Company filed with the TSX Venture Exchange and
approved by shareholders at the last Annual General Meeting of Shareholders of
the Company held on June 30, 2014. All options are exercisable at a price of
$0.10 per share for a period of 18 months and are subject to a four-month and
one day hold period from the date of issuance.


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 & COO
(416) 364-7029
qyarie@honeybadgerexp.com


Honey badger Exploration Inc.
Mia Boiridy
Investor Relations
(416) 364-7029
mboiridy@honeybadgerexp.com
www.honeybadgerexp.com

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