Honey Badger Exploration Inc.

HoneyBadger Exploration Inc. (TUF:TSX-V) is a junior mineral exploration company dedicated to increasing shareholder value by the direct acquisition or optioning of early stage copper and gold properties and increasing their value by upgrading the property through exploration.

HoneyBadger uses the most current and innovative exploration and geological models to direct the application of leading edge exploration techniques. Notwithstanding, our experience tells us that we must also use old style prospecting and basic field work combined with the latest in technology.. The Company has optioned 3 properties in Nevada.

The Warm Springs Property in Nye County Nevada contains a large hydrothermal system focused along a major fault zone that is silicified with jasperoids and contains zones with anomalous pathfinder elements and scattered gold values. The geochemical signature of the Fault Zone is typical of the upper parts of deeper vein gold deposits. Nearby, the company has also optioned the early stage “Stealth” property, a newly discovered extinct hot spring center with explosive hydrothermal breccias and silicified zones in rhyolite. Jasperiod bodies are located along several intersecting faults where geochemically anomalous gold and pathfinder elements have been identified. Hot spring centers are a typical environment for precious metal epithermal deposits.

HoneyBadger acquired an option to own 100% of the “Iron Cap” property is located approximately 8 miles west of Yerington and 45 miles southeast of Reno, Nevada. It lies within the historic Yerington porphyry copper district and the site of the Yerington copper mine which produced approximately 2 billion pounds copper at a grade of 0.55% between 1953 and 1978. The Iron Cap property lies 2 miles northwest of the Ann Mason deposit, 5 miles west of the old Yerington pit, four miles southwest of the MacArthur copper oxide deposit and thirteen miles northwest of the Pumpkin Hollow deposits. Recent prospecting and soil geochemical surveys have identified a number of copper and gold anomalies. In early 2008, HoneyBadger expanded the property several-fold by staking a large land position, adding an additional 304 claims to the original 55 claim Iron Cap property and now owns 100% of  approximately 7,066 acres of prospective ground called the  ‘Black Jack” property.  Additionally, HoneyBadger can acquire a 75% undivided right, title and interest in and to the property called “Roulette”.  which consists of 168 Claims totaling 3,460 acres adjoining the southern boundary of Honey Badger’s “Blackjack” property.  These two Properties comprise some 10,500 acres (16.4 square miles) of BLM land, and are collectively known as the “Yerington West” Project.

Exploration targets at “Yerington West “are classic porphyry copper (sulphide) deposits, oxide copper deposits, Supergene Sulphide Copper Porphyry Zone  deposits and Skarn/IOCG deposits.

Nevada

HoneyBadger's current exploration focus is Nevada, the third largest gold producing area in the world, producing some 11% of the annual world gold production worth in excess of 2 billion dollars annually and containing some of the largest and richest gold mines in the world. Nevada has a long history of mining a variety of metals including copper, gold, silver, zinc, iron, molybdenum. It is a very mining-friendly jurisdiction in a politically stable environment. Access in Nevada is well developed and fieldwork is possible year-round.

Nevada is important to the mining industry for several reasons:

• The state ranks among the most favorable jurisdictions in the world to find, develop and operate mines.
• There is a long history of mining, providing a strong base of mining skills and expertise.
• The infrastructure for mine development in Nevada is better than any place on the planet.
• Existing milling facilities have unused capacity, meaning that mines can be brought to production quickly and inexpensively.
• Nevada has one of the richest endowments of gold of any region in the world.
• Vast areas of the state remain under-explored and new approaches are leading to big discoveries.

In addition to those benefits enjoyed by the state, geopolitical trends over the past few years are leading some companies to favor the United States in general as a favored place for developing mines. Mining companies are growing increasingly wary of investing in areas that may be subject to political upheaval, terrorism, corruption or capricious application of laws.

HoneyBadger  has been engaged in the exploration for base and precious metals in the Omineca Mining District, British Columbia since 1996. Telkwa owns 100% of the Limonite Creek prospect, a high sulphidation epithermal gold-silver-copper target with porphyry characteristics located in the Telkwa Pass, eighty kilometres west-southwest of Smithers.