Silver Near $61 Puts Canada’s Northern Polymetallic Belts Back in Focus
Key Highlights
- ➤Honey Badger Yava samples reached 279 g/t silver, 5.82% copper and 0.83 g/t gold
- ➤Honey Badger identified new mineralized occurrences at four electromagnetic target areas
- ➤B2Gold Goose crushing averaged over 3,000 tonnes daily; 2026 guidance remains 170,000-200,000 gold ounces
- ➤Hudbay extended Snow Lake reserves to 2043 and raised life-of-mine gold production 60%
- ➤Eldorado’s McIlvenna Bay targets commercial production in fourth-quarter 2026
- ➤First Majestic produced 3,440,447 silver ounces and renewed buyback for up to 10,000,000 shares
Expert Statements
Chad Williams, Executive Chairman of Honey Badger Silver
“With just five days of fieldwork, our exploration team has confirmed high-grade silver and copper mineralization at the historic Main Zone and identified several new areas of mineralization across a largely underexplored property. These results are particularly encouraging given the limited exploration conducted at Yava over the past five decades,”
Andrew Jedemann, VP Exploration of Honey Badger Silver
“We are very excited about these results at Yava and the broader implications for this underexplored VMS system. We are now integrating these results with historic data to determine the next steps for follow-up exploration including future drilling,”
News Provided by Mining Stocks on behalf of Honey Badger Silver Inc.
TORONTO, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Mining Stocks News Commentary - Silver was trading at about $60.73 an ounce on the morning of October 12, and at that price a type of deposit that rarely carries just one metal deserves a closer look. Volcanogenic massive sulphide (VMS) systems form on ancient seafloor and can hold silver, copper, zinc, lead and gold together, and they have anchored base-metal mining camps in Manitoba and Saskatchewan for generations. Farther north, parts of the greenstone belts that host these systems have seen very little modern exploration. From Nunavut to the Prairies, companies are now reporting new sample results, longer mine plans and first concentrate. Companies mentioned in today’s commentary include: Honey Badger Silver Inc. (TSXV: TUF) (OTCQB: HBEIF) (FSE: 1QA), B2Gold Corp. (NYSE American: BTG), Hudbay Minerals Inc. (NYSE: HBM), Eldorado Gold Corporation (NYSE: EGO), First Majestic Silver Corp. (NYSE: AG).
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