A Silver Scouting Report: A Northern Canada Mine Plan Next to Producers and Streamers

Detailed summary

Silver companies get their ounces in different ways. Some mine them, some collect them through streams on mines that other companies operate.

This press release is provided by GlobeNewswire and is published as received.

TORONTO, Nov. 11, 2026 (GLOBE NEWSWIRE) -- American News Group News Commentary - Silver companies get their ounces in different ways. Some mine them, some collect them through streams on mines that other companies operate, and some are still building the case for a mine of their own. Third-quarter reports filed this month put numbers on each approach. SSR Mining said its average realized silver price for the first nine months of 2026 was $74.73 per ounce, against $36.72 a year earlier, and Wheaton Precious Metals reported 8.18 million ounces of attributable silver produced in the quarter, up 36.5% from a year earlier.

Each profile below is built on the same core card: the position the company plays, its latest stat line, and the next play it has told the market about. The cards compare business models and the most recent numbers each company has reported. They are not a ranking, and they say nothing about share prices.

Honey Badger Silver Inc. (TSXV: TUF) (OTCQB: HBEIF) (FSE: 1QA) (Tradegate: 1QA)

Position: Developer. In April 2026, Honey Badger acquired 100% ownership of Canadian Zinc Corporation, owner of the PC Silver Mine (Prairie Creek), from Resource Capital Fund VI L.P.

Home field: The Mackenzie Mountains of the Northwest Territories, roughly 90 km from Nahanni Butte, in an enclave surrounded by, but excluded from, Nahanni National Park Reserve. The site hosts a historic mill, airstrip and approximately 5 km of underground workings, and the company says key infrastructure, key permits and benefit agreements with local Indigenous Governments are already completed and in place.

Stat line: The company’s September 17, 2026 Preliminary Economic Assessment outlines a 22-year mine life and estimated average annual production of approximately 10.7 million ounces of silver equivalent over the first seven years.

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