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

Summary

• American News Group released a Nov. 11, 2026 commentary comparing five silver companies: Honey Badger Silver, Endeavour Silver, Wheaton Precious Metals, SSR Mining, & Triple Flag Precious Metals.
• Honey Badger Silver Inc. acquired 100% ownership of the PC Silver Mine in April 2026 & targets a Feasibility Study completion in Q2 2027.
• A Sept. 17, 2026 Preliminary Economic Assessment for Honey Badger's PC Silver Mine outlines a 22-year mine life with estimated annual production of 10.7 million silver equivalent ounces over the first seven years.
• Honey Badger reported preliminary exploration results on Nov. 5, 2026, from its Nanisivik Project showing zinc-rich samples with over 500 ppm germanium & silver up to 45.3 g/t.
• Endeavour Silver Corp. reported Q3 2026 production of 2.09 million silver ounces & 10,126 gold ounces, representing a 19% & 39% increase respectively over the prior year.
• Endeavour's Q3 2026 all-in sustaining costs were $29.54 per ounce, down from $30.53 in Q3 2025, while the company updated its 2026 guidance to 7.8 to 8.1 million silver ounces.
• Wheaton Precious Metals reported Q3 attributable silver production of 8.18 million ounces, a 36.5% increase year-over-year, driven by a record 3.1 million ounces from Peñasquito.
• Wheaton projects 2026 attributable production of 27 to 29 million silver ounces & 400,000 to 430,000 gold ounces.
• SSR Mining reported an average realized silver price of $74.73 per ounce for the first nine months of 2026, up from $36.72 in the same period of 2025.
• SSR's Puna operation produced 1.7 million silver ounces in Q3 2026, down from 2.4 million ounces in Q3 2025, while the company advances drilling at the Cortaderas project.
• Triple Flag Precious Metals reported Q3 silver revenue of $32.1 million on sales of 7,530 gold equivalent ounces, aiming for the mid to top half of its 2026 guidance range of 100,000 to 110,000 GEOs.
• The article includes a disclaimer stating the content is a paid advertisement by Honey Badger Silver Inc., distributed by Market Equities Limited, & constitutes a conflict of interest.