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JUGR.V ·

Juggernaut Commences Exploration Geophysics Underway ON Empire and Midas

Exploration Programs

JUGGERNAUT COMMENCES EXPLORATION GEOPHYSICS UNDERWAY ON EMPIRE AND

MIDAS

Vancouver, May 15th , 2018 - Juggernaut Exploration Ltd. (TSX -V: JUGR) (Frankfurt: 4JE) (the “Company

or “Juggernaut”) is pleased to announce the initiation of its 201 8 exploration program with geophysics

underway on the Empire and Midas properties in preparation for the inaugural drilling.

The survey results from more than 1,000 -line kilometres will be inte grated in to the current database and

will be used to further delineate the extent of key features associated with mineralization. This data will

also assist in focusing the surface exploration and drilling , including: geological mapping , trenching,

alteration and whole rock study, soil sampling and prospecting.

Juggernaut is also pleased to report that camp construction within T errace, British Columbia is nearing

completion and will host the technical teams and drilling crews that will co nduct the 2018 exploration

program on its Empire and Midas properties.

Mr. Dan Stuart, Director, President and CEO of Juggernaut states:

“The company and geologic team are very excited to drill these new bedrock discoveries on Empire and

Midas. These mineralized zones are located in world class geologic terranes and have excellent potential of

being one drill hole away from a world class discovery. Both the Empire and Midas properties will certainly

tick the boxes wi th the miners, have road access , and are close to excellent infrastructure in Terrace ,

British Columbia. We look forward to the 2018 season with great anticipation.”

Stefan Kruse, Ph.D., P. Geo., Chief Geologist, 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.

For more information please contact:

Further information regarding Juggernaut Exploration Ltd. can be found at

JuggernautExploration.com

Contact Information:

Dan Stuart Director, President, and CEO

[email protected]

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.

FORWARD LOOKING STATEMENT

2

Certain disclosure in this release may constitute forward -looking statements that are subject to numerous

risks and uncertainties relating to Juggernaut’s operations that may cause future results to differ materially

from those expressed or implied by those forward -looking statements, including its ability to complete the

contemplated private placement. Readers are cautioned not to place undue r eliance on these statements.

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S.

NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION

TO PURCHASE ANY SECURITIES DESCRIBED IN IT.