Dsm Syndicate Discovers Large en Echelon Vein System That Assayed 1.57 Grams PER Tonne GOLD from Bedrock Grab and 0.53 Grams PER Tonne GOLD over 2 Meters from a Chip Sample
DSM SYNDICATE DISCOVERS LARGE EN ECHELON VEIN SYSTEM THAT ASSAYED 1.57 GRAMS
PER TONNE GOLD FROM BEDROCK GRAB AND 0.53 GRAMS PER TONNE GOLD OVER 2 METERS
FROM A CHIP SAMPLE
February 26, 2018 – Juggeranut Exploration Ltd. (TSX -V: JUGR). The Goldstandard Property is
100% owned by the DSM Syndicate a private precious metal project generator in British
Columbia that has staked a total of six properties to date of which Juggeranut Exploration Ltd,.
owns a 20% interest, including the Goldstandard property.
Highlights Include:
• New bedrock discovery with no previous work recorded in the area.
• Discovery of the Big Show Zone: a large en echelon quartz vein system that has been
traced over 1000 by 350 metres in bedrock and remains open in all directions.
• Situated within the regional Pootlass High Strain Zone, a corridor of brittle and ductile
deformation, approximately 2 km wide and up to 30 km long.
• The Goldstandard property remains largely unexplore d providing for excellent
additional discovery potential.
• Quartz veins assayed up to 1.57 grams per tonne gold in grab samples and 0.53 grams
per tonne gold from a two-metre chip sample (link to image).
• Widespread, unexplored newly exposed outcrop do to glacial and snow pack aba tement
provides for strong discovery potential.
• Geological mapping, prospecting, channel sampling, and an alteration study is
recommended to outline the full extent of the Big Show Zone and to delineate drill
targets.
The Goldstandard Property is situated approximately five kilometers north of Bella Coola, BC
(link to map ). The property covers 690 hectares with close access to infrastructure. The
Goldstandard property was generated and prospected as part of a reconnaissance exploration
program and was staked based on positive results that yielded up to 1.57 grams per tonne gold
in grab samples . This included the original discovery of the Big Show zone where multiple
sheeted, oxidized, sulphide -bearing quartz veins were discovered over a 1000 by 350 metres
zone. Individual vein widths reach up to three meters (link to image ), are oxidized with local
disseminations of pyrite, and in places traceable in outcrop for up to thirty meters along strike.
Of the veins sample within the Big Show Zone thus far, two contained gold mineralization.
Within the Big Show Zone veins occur in brittle -ductile shears and faults (link to image) forming
discontinuous sheeted vein sets that produced values up to 1.565 grams per tonne from a
bedrock grab sample. Fifty meters away, a two metre chip samples assayed 0.529 grams per
tonne gold. Five other samples collected on the property did not contai n any significant
mineralization. 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 eastern margin of the Goldstandard Property is characterized by strongly foliated and
folded, sheeted layers of granodiorite, alternating with foliation -parallel and folded, sheeted
mafic layers. The southern extent is dominated by laminated and strong ly folded and sheared
metasedimentary rocks, with local intrusions of deformed plutonic rocks, most of which are
deformed granodiorite and diorite. The plutonic rocks on the Property are interpreted to be a
part of the Cretaceous Desire plutonic suite. Vei ns are hosted in altered granite and mafic
volcanics with shearing most prevalent in the meta-sedimentary horizons.
Goldstandard is situated in the Pootlass High Strain Zone, a corridor of brittle and ductile
deformation, approximately two kilometres wide and up to thirty kilometres long, that is
proximal to the boundary between the Intermontane and Insular superterranes, which is
demarked by the Coast Shear Zone. This structural corridor is characterized on the property by
several prominent topographical lineaments that trend northwest. In the Big Show Zone , veins
form en echelon to two encompassing topographical lineaments and maybe part of a larger
scale Rie del shear system. Prolonged faulting and shearing focused within this structural
corridor, that transects the Goldstandard Property, provided extensive conduits for mineralizing
fluids and favourable sites for mineralization.
Based on positive results from brief first pass exploration on the Goldstandard property a
follow-up exploration program consis ting of comprehensive prospecting, preliminary mapping ,
and systematic reconnaissance geochemical sampling is recommended to fully evaluate the
gold potential at the Goldstandard p roperty. The property is in an alpine area with abundant
exposure and is located only five kilometres from Bella Coola, BC which allows for cost effective
exploration.
Dr. Stefan Kruse. P.Geo., Chief Consulting Geologist stated:
“The geological setting and favourable structural trends of the Goldstandard property are
extremely prospective. We look forward to the results of an extensive follow -up program in
2018.”
Other
The DSM syndicate is a project generator focused on original discovery resulting from glacial
and snowpack recession. The properties will be made available to qualified parties. For further
information including photos and maps, interested parties may visit www.DSMSyndicate.ca or
contact Dan Stuart, by e-mail ([email protected]) or by phone at +1 -778-233-
0293.
Juggeranut Exploration Ltd. (TSX -V: JU GR) owns a 20% interest, and Goliath Resources
Limited. (TSX-V: JUGR) owns a 10% interest in the DSM Syndicate http://dsmsyndicate.ca/
Dr. Stefan Kruse, PhD, P.Geo, chief consulting geologist, is the qualified person as defined by
National Instrument 43 -101 and supervised the preparation of, and has reviewed and
approved, the technical information in this release.
All rock, channel and talus fine samples were crushed and pulverized at ALS Can ada 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 Terrace, BC. All samples were
analyzed using A LS Canada Ltd.'s assay procedure ME -ICP41, a 1:1:1 aqua regia digestion with
inductively-coupled plasma atomic emission spectrometry (ICP -AES) or inductively -coupled
plasma mass spectrometry (ICP -MS) finish for 35 elements as well as the Au -AA24
leadcollection fire assay fusion procedure with atomic absorption spectroscopy (AAS) finish.
Any 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 use d an
HNO3-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 reconnaissa nce nature of 2017 program,
no independent blanks, standards 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 selective in nature and collected to
determine the presence or absence of mineralization and are not intended 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