Toronto, Ontario – May 17, 2016 - Honey Badger Exploration Inc. (TSX-V: TUF) (“Honey Badger” or the “Company”) announces that it has mobilized to undertake a helicopter-supported magnetic geophysical survey on the Company's LG Diamonds Project located in Northern Quebec
The property is comprised of 9 claim blocks, each exhibiting a magnetic anomaly that may indicate a prospective kimberlite target. The airborne survey (approximately 60 line kilometres on 75 metres spacing) will aim to improve the spatial resolution of the circular anomalies to pinpoint targets for diamond drilling..
The Company will also undertake a surface sampling program that will transect each anomaly. The collection of till and outcrop samples will provide Honey Badger with better geochemical data and help further prioritize targets for drilling.
Quentin Yarie, President & CEO, commented: "The LG Diamonds Project is in the diamond-rich zone that hosts Renard, Québec's new diamond mine. Over the winter, our team undertook an aggressive campaign to model all historic geophysical data on the property. The completion of this detailed heli-GT mag survey as well as sampling on the ground, will help us define and prioritize targets for our upcoming drill program.”
About Honey Badger Exploration Inc.
Honey Badger Exploration is a gold and diamond exploration company headquartered in Toronto, Ontario, Canada with properties in Québec and British Columbia. The company's common shares trade on the TSX Venture Exchange under the symbol "TUF"
The Company is currently focused on the advancement of the LG Diamonds Project located in the James Bay region of Quebec:
- Total of 55 claims covering 2,765 hectares
- 9 claim blocks are centered on circular magnetic anomalies
- Each magnetic anomaly could be a potential kimberlite pipe
- Lake sediments near the magnetic anomalies contain kimberlite indicators
- The local geological environment is favourable for diamondiferous kimberlites
- Exploration agreements are in place with local First Nations
Quentin Yarie, P.Geo., is the qualified person in regard to the technical data contained within this news release and has approved the scientific and technical content of this news release.
For more information about the Company visit http://www.honeybadgerexp.com
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