Dsm Syndicate Samples 1 Metre Chip of 15.75 G/T Au and 1845 G/T AG (53.9 OZ/T) ON Skyhigh Property
DSM SYNDICATE SAMPLES 1 METRE CHIP OF 15.75 G/T AU AND 1845 G/T AG (53.9 OZ/T) ON
SKYHIGH PROPERTY
Vancouver, British Columbia – December 4th, 2018 – Juggernaut Exploration Ltd. (JUGR.V)
(the “Company” or “Juggernaut”) is pleased to report channel, chip, and grab sample assay
results of up to 1 5.75 grams per tonne gold and 1845 grams per tonne silver over 1 metre at
the Cloud 9 Zone on their Skyhigh Property. The property is 100% owned by the DSM Syndicate,
a private pr ecious metals project generator in British Columbia, which holds a total of six
properties to date. Juggernaut Exploration Ltd. owns a 20% interest.
2018 Highlights Include:
The Cloud 9 Zone covers a large area, characterized by a series of gold-bearing, polymetallic
quartz veins (link to video ), which have been expanded to 1.75 km by 0.4 km , and remains
open (link to map). The zone is defined by samples containing gold and silver mineralization.
• Multiple, relatively flat lying quartz veins have returned assays up to 17.3 grams per
tonne gold and 1845 grams per tonne silver (53.9 oz/t) (link to image).
• The Skyhigh Property covers seven historic epithermal and Cu -Mo porphyry mineral
occurrences dating back to the 1990’s.
• Rapid ongoing glacial and snowpack recession provides for excellent additional
discovery potential.
• Geological mapping , further prospecting, channel sampling, and alteration studies are
strongly recommended to outline the full geometry of the Cloud 9 Zone in preparation
for drilling.
The Skyhigh Property was generated and staked by the DSM Syndicate in 2017, following
positive results from a brief reconnaissance exploration program . The property is located
approximately 95 kilometers north of Campbell River, BC and occupies 816 hectares. A logging
road from Loughborough Inlet, located 15 km to the west, provides access within 550 meters of
the property. An airstrip and logging camp are located 30 kilometres east. A limited follow-up
program in 2018 was carried out to systematically prospect the other unexplored regions of the
claim block and expand on the 2017 mineralized zones. During the brief field program, a total of
29 samples ( 4 channels, 10 chips, and 1 5 grabs) were collected from the Cloud 9 Zone with
highlights including a 1 metre chip that assayed 15.75 g/t Au and 1845.00 g/t Ag. These results
expanded the Cloud 9 Zone from a strike length of 700 to 1750 metres.
Table 1 – Skyhigh Property Highlights
Sample # Channel/Chip/Grab1 Length
(metres)2
Gold
(g/t)
Silver
(g/t)
Copper
%
Lead
%
Zinc
%
Gold
Eq3 (g/t)
W496955 Chip 1.00 17.30 72.70 0.01 0.01 0.03 18.19
W496803 Grab 16.10 1500.00 0.03 3.40 0.29 35.59
W496911 Chip 1.00 15.75 1845.00 0.11 1.24 0.16 38.27
W496909 Grab 11.80 1800.00 0.39 2.09 1.12 35.29
W496910 Chip 1.00 4.18 501.00 0.08 0.48 0.13 10.50
W496912 Grab 4.17 661.00 0.09 1.17 0.10 12.69
W496916 Grab 3.06 358.00 0.02 0.05 0.00 7.31
W496852 Chip 1.00 2.36 393.00 0.36 0.13 0.15 7.70
W496805 Float 2.25 939.00 0.05 0.14 0.09 13.47
W496854 Grab 2.22 14.90 0.01 0.02 0.05 2.45
W496801 Chip 1.00 1.79 204.00 0.07 0.06 0.03 4.34
W496851 Chip 2.50 1.38 174.00 0.06 0.24 0.23 3.80
W496918 Talus 1.38 110.00 0.03 0.15 0.06 2.82
W496917 Chip 0.50 1.14 232.00 0.19 0.20 0.00 4.25
W496956 Grab 1.04 8.10 0.00 0.00 0.00 1.13
W496853 Chip 1.50 1.01 214.00 0.02 0.12 0.14 3.70
W497402 Channel 0.3 0.12 409.00 10.1 0.00 0.24 20.82
1Grab 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
2True thickness of mineralized zone not known
3AuEq metal values are calculated using: Au $1226.65/oz, Ag $14.38/oz, Cu $2.8164/lb, Pb $0.8779/lb, Zn $1.1929/lb
The regional geology is underlain by the Coast Plutonic Complex, which comprises granodiorite, diorite,
gneiss, migmatite, amphibolite and schist (Roddick, 1977). The metamorphic rocks generally occur as
small fault -bounded penda nts. Feldspar porphyry dykes are locally abundant. Limited geological
mapping has been conducted on the property, but mapped areas are generally underlain by rocks of the
Coast Plutonic Complex. Mineralization is typically hosted in in and/or adjacent to quartz veins. The
quartz veins are classified into three types based on mineralogy, texture, type of occurrence and
geochemical signature. These types are:
1. Pyrite, chalcopyrite and molybdenite-bearing;
2. Pyrite-bearing
3. Pyrite, chalcopyrite, acanthite (silver)-bearing veins.
Further exploration work is recommended based on the positive 2017 and 2018 results, with
the expansion of gold-bearing polymetallic mineralization and the extensive snowpack and
glacial recession on the property. This will provide larger discovery areas with strong gold and
silver potential , which on the whole are under-explored. Suggested follow -up work would
focus on expanding the known extent of mineralization at the Cloud 9 Zone, which would
include detailed mapping, geochemical sampling, drone imagery, and channel sampling in
preparation for drilling. The property is in an a lpine environment with excellent bedrock
exposure and is in close proximity to logging roads, and tide water.
Newstrike Property Update
This pr operty was staked in 2017 based on encouraging results from a regional exploration
program and received one day o f follow -up exploration in 2018. A total of 20 samples were
taken that assayed from below detection to 6.64 gram per tonne gold. The DSM Syndicate is
evaluating and interpreting the results to determine the next phase of exploration on the
project.
Money Property Update
The property was similarly staked in 2017 and again received a single day of follow -up
exploration in 2018. A total of 12 samples were taken on the property that assayed from below
detection to 48.2 grams per tonne gold. Again, DSM Syndicate is evaluating and interpreting the
results to determine the next phase of exploration on the project.
Juggernaut Exploration Ltd. (TSX -V: JUGR) owns a 20% interest in the DSM Syndicate and
Goliath Resources Limited (TSX-V: GOT) owns a 10% interest.
Qualified Person
Stephen Roach P. Geo is the qualified person as defined by National Instrument 43 -101, for
Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and
approved, the technical information in this release.
Other
All rock, channel and talus fine samples were crushed 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 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 ALS
Canada Ltd.'s assay proced ure 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 lead collection fire assay
fusion proce dure 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 used 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. QA/QC samples including blanks, standards, and dupl icate samples were
inserted regularly into the sample sequence.
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.
For more information please contact:
Juggernaut Exploration Ltd.
Mr. Dan Stuart
President and Chief Executive Officer
Tel: (604) 559-8028
Website: www.juggernautexploration.com
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