Honey Badger Exploration Inc. (TSX VENTURE:TUF) ("Honey Badger" or the
"Company") is pleased to announce, further to its press release of May 9, 2011,
that it has today completed the sale of its interest in the HBE Blackjack
property in the state of Nevada, USA to Entree Gold Inc. (TSX:ETG)(NYSE
Amex:EGI)(FRANKFURT:EKA) ("Entree").


Pursuant to the terms of the sale agreement, Entree has paid US$650,000 and
issued 550,000 common shares to the Company. The securities are subject to a
restricted period of four months and one day from the date of issuance.


About Honey Badger Exploration Inc.

Honey Badger Exploration is a gold and base-metals exploration company
headquartered in Toronto, Ontario, Canada. The Company's common shares trade on
the TSX Venture Exchange under the symbol "TUF". 


For more information, please visit our website at http://www.honeybadgerexp.com.

Forward Looking Statements

This News Release contains forward-looking statements and forward-looking
information (together, "forward-looking statements") within the meaning of
applicable securities laws and the United States Private Securities Litigation
Reform Act of 1995, with respect to its exploration results, the potential for
discovery of additional mineralized zones and future exploration programs and
budgets. These forward-looking statements are made as of the date of this news
release. Users of forward-looking statements are cautioned that actual results
may vary from the forward-looking statements contained herein. While the Company
has based these forward-looking statements on its expectations about future
events as at the date that such statements were prepared, the statements are not
a guarantee of the Company's future performance and are subject to risks,
uncertainties, assumptions and other factors which could cause actual results to
differ materially from future results expressed or implied by such
forward-looking statements. Such factors and assumptions include, among others,
the effects of general economic conditions, the prices of gold and copper,
changing foreign exchange rates and actions by government authorities,
uncertainties associated with legal proceedings and negotiations and
misjudgements in the course of preparing forward-looking statements. In
addition, there are known and unknown risk factors which could cause the
Company's actual results, performance or achievements to differ materially from
any future results, performance or achievements expressed or implied by the
forward-looking statements. Although the Company has attempted to identify
important factors that could cause actual actions, events or results to differ
materially from those described in forward-looking statements, there may be
other factors that cause actions, events or results not to be as anticipated,
estimated or intended. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, readers
should not place undue reliance on forward-looking statements. The Company is
under no obligation to update or alter any forward-looking statements except as
required under applicable securities laws.


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