Mr. Dorian Nicol reports

HONEY BADGER WEBINAR: IS PLATA A TWIN TO ROGUE?

Honey Badger Silver Inc. will be hosting a live webinar on Wednesday, March 13, at 1:30 p.m. Eastern Time to discuss similarities between Honey Badger's wholly owned Plata project and the adjacent Rogue project held by Snowline Gold. To attend the webinar, please register on-line.

Dorian L. (Dusty) Nicol, the company's chief executive officer, commented: "Plata hosts spectacular high-grade silver mineralization. Recent mapping, compilation and interpretation lead to the conclusion that Plata's geologic setting is similar to that of Snowline Gold's adjacent Rogue project. We now interpret Plata as being related to the same style of mineralization (reduced intrusion related gold deposit) as the Valley discovery within the Rogue project. Our observations at Plata fit into a mineralization zoning model, indicating that silver mineralization at Plata is the periphery of a RIRGS mineralizing system, while geophysics suggests the presence of a buried intrusive. This significantly expands the discovery potential at Plata and led to the acquisition of additional claims (see news release dated March 5, 2024). We look forward to presenting this concept in more detail during our upcoming webinar."

Qualified person

Technical information in this news release has been approved by Mr. Nicol, PG, FAusIMM, the company's chief executive officer, who is a qualified person (QP) for the purpose of National Instrument 43-101.

About Honey Badger Silver Inc.

Honey Badger Silver is a silver company. The company is led by a highly experienced leadership team with a record of value creation backed by a skilled technical team. The company's projects are located in areas with a long history of mining, including the Sunrise Lake project with a historic resource of 12.8 million ounces (Moz) of silver indicated and 13.9 Moz of silver inferred located in the Northwest Territories, and the Plata high-grade silver project located 165 kilometres east of Yukon's prolific Keno Hill and adjacent to Snowline Gold's Rogue discovery. The company's Clear Lake project in the Yukon has a historic resource of 5.5 Moz of silver and 1.3 billion pounds of zinc. The company also has a significant landholding at the Nanisivik mine area located in Nunavut, Canada, that produced over 20 Moz of silver between 1976 and 2002.

We seek Safe Harbor.