Juggeranut Drills 1.37 G/T Au and 0.51% Cu (2.18 G/T AuEq) over 15.4 Metres ON Rockstar
JUGGERANUT DRILLS 1.37 G/T AU AND 0.51% CU (2.18 G/T AUEQ) OVER 15.4 METRES ON
ROCKSTAR
Vancouver, British Columbia – January 14th, 2019 – Juggernaut Exploration Ltd. (JUGR.V) ( the
“Company” or “Juggernaut”) is pleased to report assays from the inaugural exploratory drill
program on the 100 % controlled Empire Property, where diamond drill hole EM -18-08 drilled
perpendicular to strike and intersected 1.37 g/t Au and 0.51 % Cu (2.18 g/t AuEq) over 15.4 m. It
is estimated to be ~80% of true thickness and remains open both to depth along strike in both
directions.
Empire Property Highlights
• Inaugural widespread exploratory shallow drilling totaling 3209 m from eighteen holes
was successfully completed on the Empire Property , testing multiple, different zones of
surface mineralization. Fourteen out of eighteen exploratory drill holes were successful
in intersecting gold or polymetallic mineralization.
• Rockstar discovery drill hole EM-18-08 intersected 1.37 g/t Au, 3.25 g/t Ag, and 0.51 %
Cu (2.18 g/t AuEq) over 15.4 metres from 5.00 to 20.40 metres. The zone and IP related
anomaly remains open in both directions and to depth (Figure 1), providing for strong
potential to expand the gold and copper mineralization with drilling.
• Discovery of multiple new showings with chip, grab, and channel samples grading up to
350 g/t Au (10.23 oz/t), 8090 g/t Ag (236 oz/t), 20.9 % Cu, 10.25 % Pb, and 26.1 % Zn.
• The successful c ompletion of property wide LiDAR, ground and airborne geophysical
surveys, geological mapping, alteration studies, channel sampling, and property wide
prospecting indicate the potential for a large sub-surface mineralizing system on the
Empire property as the source of the widespread high-grade gold and polymetallic
mineralization seen on surface.
Widespread exploratory drilling at Rockstar did not explain the source of the extensive gold and
polymetallic mineralization on surface , with the exception of gold-copper intercept in drill hole
EM-18-08. This intercept, in conjunction with mineralization in hole MD-18-06 and MD-18-09,
correlates well with the IP chargeability anomaly at this location. The anomaly broadens at depth
in both directions and remains to be drill tested. Multiple other strong IP anomalies , within the
one kilometre by two hundred metre survey area, at Rockstar also remain untested. Additional
drilling is required to outline the full extent of this newly discovered gold and polymetallic zone
that remains open both to depth and along strike in both directions.
The discovery of multiple showings and widespread mineralized bedrock outcrops in 2018 that
returned grades up to 350 g/t Au (10.23 oz/t), 8090 g/t Ag (236 oz/t), 20.9 % Cu, 10.25 % Pb, and
26.1 % Zn confirms the presence of a high-grade gold and polymetallic mineralizing system on
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the Empire Property (Figure 2). Compilation of the data sets, including LiDAR, SkyTEM, ground IP,
and airborne magnetic surveys, geological mapping, alteration studies , and chip/grab/channel
sample assay data, can be utilized to vector into the source of the high-grade gold and
polymetallic mineralization seen on the Empire Property, in order to focus on future drilling.
Table 1 - Drill hole assay results. Widths reported are drilled core lengths and the true widths are not known. For hole location,
azimuth, and dip please see Table 2.
Drill Hole ID From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Ag
(g/t)
Cu
(%)
Pb
(%)
Zn
(%)
AuEq
(g/t)*
EM-18-01 7.50 10.00 2.50 0.51 0.48 0.00 0.00 0.00 0.52
EM-18-02 24.00 24.70 0.70 0.66 3.00 0.06 0.04 0.05 0.84
EM-18-02 98.75 99.12 0.37 0.05 12.40 0.03 1.68 0.02 1.08
EM-18-03 59.40 60.00 0.60 0.30 1.90 0.02 0.11 0.09 0.47
EM-18-04 No Significant Values
EM-18-05 No Significant Values
EM-18-06 17.20 18.35 1.15 5.73 16.17 1.66 0.00 0.02 8.35
EM-18-07 77.60 78.25 0.65 1.57 5.20 0.14 0.03 0.08 1.90
EM-18-08 5.00 20.40 15.40 1.37 3.25 0.51 0.04 0.01 2.18
Including 12.05 16.25 4.20 3.85 4.99 0.64 0.11 0.01 4.91
EM-18-09 8.30 9.00 0.70 1.12 8.60 0.24 0.08 0.03 1.63
EM-18-09 14.65 22.15 7.50 0.18 1.66 0.34 0.00 0.01 0.69
Including 16.00 19.00 3.00 0.37 1.93 0.60 0.00 0.01 1.26
EM-18-09 102.00 102.50 0.50 0.45 0.40 0.16 0.00 0.02 0.70
EM-18-10 No Significant Values
EM-18-11 158.50 160.00 1.50 0.00 0.47 0.83 0.00 0.01 1.22
EM-18-12 60.00 60.70 0.70 0.47 0.20 0.00 0.00 0.00 0.47
EM-18-13 16.50 17.15 0.65 2.22 10.90 0.29 0.38 0.58 3.32
EM-18-13 23.10 24.65 1.55 0.12 1.55 0.47 0.00 0.00 0.83
EM-18-14 108.97 112.00 3.03 0.03 9.79 0.59 0.00 0.01 1.02
EM-18-14 120.61 122.27 1.66 0.29 7.20 0.20 0.00 0.02 0.67
EM-18-14 147.08 148.00 0.92 2.11 0.40 0.01 0.00 0.02 2.14
EM-18-14 161.65 162.65 1.00 0.33 7.40 0.40 0.00 0.01 1.01
EM-18-15 31.40 32.00 0.60 0.56 1.90 0.13 0.00 0.02 0.78
EM-18-15 89.48 90.28 0.80 3.36 0.10 0.01 0.00 0.01 3.39
EM-18-16 23.78 26.50 2.72 0.05 4.64 0.35 0.00 0.02 0.63
EM-18-16 48.00 48.50 0.50 1.20 22.80 0.03 0.00 0.01 1.51
EM-18-16 56.70 57.20 0.70 1.08 23.30 0.01 0.00 0.02 1.38
EM-18-17 No Significant Values
EM-18-18 29.00 29.50 0.50 0.11 56.30 0.61 0.00 0.02 1.67
EM-18-18 51.90 52.90 1.00 0.42 9.50 0.01 0.00 0.01 0.55
*AuEq metal values were calculated using: Au $126.51/oz, Ag $14.675/oz, Cu $2.6903/lb, Pb $0.8963/lb, Zn $1.1499/lb
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Drilling at the Big One Zone intersected a stratigraphic section, which confirmed the potential for
the right geological setting for volcanic hosted massive sulphides (VHMS). However, it did not
return significant assay values in the two exploratory holes , which targeted a large sub-surface
geophysical anomaly.
Mr. Dan Stuart, Director, President and CEO of Juggernaut states:
“We are pleased with the broad drill intercept of gold-copper mineralization on Rockstar. We have barely
scratched the surface with our inaugural exploration drilling on Empire. B oth this intercept and the
discovery of multiple new showings demonstrate the untapped potential of this polymetallic system that
still remains largely underexplored. The many layers of new data can be utilized to vector future drilling
into the source of the extensive high-grade gold and polymetallic mineralization seen on the Empire
Property. We look forward to what’s shaping up for a very busy 2019 exploration season.”
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 samples were crushed and pulver ized at Activation Laboratories Ltd.’s (Actlabs) ISO 17025
accredited geochemistry lab in Kamloops, BC. Rock and drill core samples are crushed, split and
pulverized to 250 g pulp, 150 mesh. The sample pulps were analyzed for gold by fire assay as per
ActLabs (Code 1A2 -50) Fire Assay AA (QOP AA -Au) method and were also assayed using multi -
element aqua regia digestion. All samples were analyzed using ActLabs assay procedure Code
UT-1M, an aqua regia (partial) digestion with inductively -coupled plasma mass s pectrometry
(ICP-MS) finish for 36 elements. Over -limit samples were reanalyzed by fire assay with a
gravimetric finish (code 1A3 -50). Rigorous procedures are in place regarding sample collection,
chain of custody and data entry. QA/QC samples including bl anks, standards, and duplicate
samples were inserted regularly into the sample sequence.
For more information please contact:
Juggernaut Exploration Ltd.
Mr Dan Stuart
President and Chief Executive Officer
Tel: (778) 223-0293
Website: www.juggernautexploration.com
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