Dsm Syndicate Discovers 175 X 50 Metre Open Zone IN Bedrock with Grab Samples Assaying up to 81.5 Grams PER Tonne GOLD (2.62 OZ/T), 25 Grams PER Tonne Silver and 3.49 Percent Copper
DSM SYNDICATE DISCOVERS 175 X 50 METRE OPEN ZONE IN BEDROCK WITH GRAB
SAMPLES ASSAYING UP TO 81.5 GRAMS PER TONNE GOLD (2.62 OZ/T), 25 GRAMS
PER TONNE SILVER AND 3.49 PERCENT COPPER
Dec 4th, 2017 – Juggernaut Exploration Ltd. (TSX-V: JUGR). The M oney Property is located
approximately 50 kilometres southeast of Kitimat, B C and approximately 30 kilometres north of the
community of Kemano. It is also situated 55 kilomet res to the southeast of the Huckleberry Cu-Mo
porphyry Mine. The Money Property covers 5303 hecta res and is positioned approximately 17
kilometres from three stage power and the nearest l ogging access road. The new Goldzilla Zone is
polymetallic and gold mineralized zone found in bed rock. Mineralized samples have been collected
over an area of 175 x 50 m including a grab sample containing 81.5 grams per tonne gold (2.62 oz/t).
Grab samples are selective in nature and are not intended to be representative of the mineralization
on the property. In addition to the Goldzilla Zone, grab samples containing up to 0.539 percent
copper and 6.7 grams per tonne silver have been col lected 1.2 kilometres to the southeast in the
same suite of metamorphic rocks.
Highlights include:
• Brand new bedrock discovery with no previous work in area
• One day total field time spent on the property
• Five bedrock grab samples from polymetallic veins assayed above 10 g/t Au and up to 81.5 g/t
Au (2.62 oz/t) (link to images).
• Mineralized granodiorite intrusion with a grab sample containing 6.98 g/t Au (link to image )
• Geological mapping, prospecting and channel sampling is strongly recommended to outline
the full geometry of the Goldzilla zone in preparation for drilling.
Grab samples are selective in nature and collected to determine the presence or absence of
mineralization and are not intended to be representative of the material sampled.
The Money property was staked by the DSM Syndicate following a brief one day reconnaissance
prospecting program that resulted in the discovery of polymetallic sulphide veins. A grab sample
from these veins yielded 81.5 grams per tonne gold, 25 grams per tonne silver and 3.49 percent
copper.
Mineralization in the Goldzilla Zone is a brand-new discovery with no record of claims or work in the
area. The zone is situated adjacent to a receding g lacier where the mineralized bedrock in the area
has only recently been exposed. Pyrite + chalcopyrite ± arsenopyrite ± bornite occurs as fine-grained
disseminations and as coarse bulbous masses in disc ontinuous quartz veins. Individual vein widths
are up to 1.5 meters wide and form continuous sheet ed swarms traceable in outcrop for over 50
meters across strike and remain open along strike.
A total of 37 rock samples were taken on the Money property in 2017. Rock grab samples ranged
from below detection limit to 81.5 grams per tonne gold, 25 grams per tonne silver and 3.49 percent
copper in different samples.
Individual veins have returned peak gold values of 81.5, 30.1, and 18.4 grams per tonne gold from
bedrock grab samples (see Table 1). Veins chip sample have returned values of 6.95 grams per tonne
gold over one metre and 2.02 grams per tonne gold o ver one metre. Nine of thirty seven samples
taken from the Money property have returned gold values over 1 gram per tonne gold. The majority
of the property remains unexplored including the Go ldzilla Zone and the entire 1.2 km long corridor
which remains open in all directions.
Gold and polymetallic mineralization occurs in a se quence of orthogneiss, chlorite schist, and
amphibolite separating two granitic intrusions of P aleocene and Middle Jurassic age. Potassic
alteration has been observed locally in the younger intrusive rocks north of the Goldzilla Zone.
Table 1: Money Property Highlights
Sample Channel/Chip/Grab Length (metres) 1 Gold (gpt) Copper % Silver (gpt)
W389151 Outcrop Grab 81.5 3.49 25.0
W389152 Outcrop Grab 30.1 0.17 4.20
W389168 Outcrop Grab 14.6 0.15 1.80
W389169 Outcrop Grab 18.4 0.21 3.80
W389170 Outcrop Grab 12.8 0.06 1.60
W498977 Chip 1 6.95 0.34 4.00
W389148 Chip 1 2.02 0.38 2.90
W389149 Outcrop Grab 1.75 0.18 2.20
1True thickness of mineralized zone not known
Quartz talus approximately 3.7 kilometres south of the Goldzilla zone has returned grab samples
containing 2.2 grams per tonne gold, 1.8 grams per tonne silver, 849 parts per million copper and
anomalous molybdenum (25 ppm). Grab sampling of mid dle Jurassic intrusive rocks in this southern
area has returned weak anomalous copper (231 ppm). The polymetallic veins, metal associations and
alteration at the Money property are consistent with porphyry-style mineralization.
Approximately one kilometre southeast of the Goldzilla an extensive gossanous zone occurs proximal
to a granitic contact with the host amphibolite. Grab samples from this zone contain of disseminated
pyrite ± chalcopyrite with local quartz stockworks and have returned values of up to 0.539 percent
copper and 6.7 grams per tonne silver.
The Money property lies in an area of prolonged int rusive activity and has generated a geological
setting favourable for gold and polymetallic mineralization.
A systematic comprehensive exploration program is strongly recommended in preparation for future
drilling; consisting of extensive prospecting across the property, preliminary mapping in the Goldzilla
Zone, and property wide reconnaissance geochemical sampling. The property is in an alpine area
with abundant exposure which allows for cost effect ive exploration. The majority of the claim block
consists of area recently exposed by receding glaci al ice and offers a strong potential for additional
discoveries. Close proximity to logging roads and 3 stage power provides good infrastructure.
Statement
Dr. Stefan Kruse, P.Geo Chief Consulting Geologist stated:
“The mineralization style, grades and extent of mineralization found in bedrock in only a single day’s
reconnaissance prospecting is a very strong testame nt to the discovery potential on the largely
unexplored Money property. I have strongly recommen ded a follow up exploration program. We
also look forward to reporting the results from the five other properties staked by the DSM team
once all the results have been compiled and interpreted .”
Other
The DSM syndicate is a project generator focused on original discovery resulting from glacial and
snowpack recession. The properties will be made ava ilable to qualified parties. Further information
including photos and maps can be sourced on line at www.DSMSyndicate.ca interested parties may
also contact Dan Stuart, by e-mail ( [email protected] ) or by phone at 778-233-
0293.
Juggernaut Exploration Ltd. (JUGR.V) holds a 20% in terest in the DSM syndicate and Goliath
Resources Ltd. (GOT.V) holds a 10 % interest.
Dr. Stefan Kruse, PhD, PGeo, chief consulting geologist, is the qualified person as defined by National
Instrument 43-101, for Goliath Resources exploratio n projects, and supervised the preparation of,
and has reviewed and approved, the technical information in this release.
All rock, channel and talus fine samples were crush ed and pulverized at ALS Canada Ltd.’s lab in
Vancouver, BC. ALS is either Certified to ISO 9001: 2008 or Accredited to ISO 17025:2005 in all of its
locations. The resulting sample pulps were analyzed for gold by fire assay in Reno, Nevada or in
Vancouver, BC. The pulps were also assayed using multi-element aqua regia digestion at ALS Canada
Ltd.’s lab in Vancouver, BC. The coarse reject portions of the rock samples, as well as the pulps, were
shipped to DSM Syndicate’s storage facility in Terr ace, BC. All samples were analyzed using ALS
Canada Ltd.’s assay procedure ME-ICP41, a 1:1:1 aqu a regia digestion with inductively-coupled
plasma atomic emission spectrometry (ICP-AES) or in ductively-coupled plasma mass spectrometry
(ICP-MS) finish for 35 elements as well as the Au-A A24 lead-collection fire assay fusion procedure
with atomic absorption spectroscopy (AAS) finish. A ny results greater than 100 ppm for silver or
10,000 ppm copper, lead and zinc were additionally assayed using ALS’s OG46 method particular to
each element. This method used an HNO 3-HCl digestion followed by ICP-AES (or titrimetric and
gravimetric analysis). Gold values of greater than 10 ppm Au were assayed by the Au-GRA22 method
which includes a fire-assay fusion procedure with a gravimetric finish. Due to the reconnaissance
nature of 2017 program, no independent blanks, stan dards or duplicates were inserted into the
sample stream.
The reader is cautioned that grab samples are spot samples which are typically, but not exclusively,
constrained to mineralization. Grab samples are sel ective in nature and collected to determine the
presence or absence of mineralization and are not i ntended to be representative of the material
sampled.
Further information regarding Juggernaut Exploration Ltd. can be found at
juggernautexploration.com
Contact Information:
Dan Stuart Director, President, and CEO
+1-604-559-8028
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Juggernaut Exploration Ltd.
Suite 1010-1130 West Pender St.
Vancouver BC V6E-4A4
Office # 1-604-559-8028
Fax # 1-604-681-1864