JUGR.V · 2026-08-19 12:00:00

Juggernaut Drills 30.11 Meters of Quartz-Sulphide Mineralization Intersects BIG MACK Zone over 450 Meters ON Strike and to Depth of 1/2 Km and Remains Wide Open FOR Expansion ON New District Scale High-Grade GOLD Silver

Drill Results

JUGGERNAUT DRILLS 30.11 METERS OF QUARTZ-SULPHIDE

MINERALIZATION INTERSECTS BIG MACK ZONE OVER 450 METERS ON

STRIKE AND TO DEPTH OF 1/2 KM AND REMAINS WIDE OPEN FOR

EXPANSION ON NEW DISTRICT SCALE HIGH-GRADE GOLD SILVER

COPPER DISCOVERY ON 100% CONTROLLED BIG ONE PROPERTY,

GOLDEN TRIANGLE, B.C.

Vancouver, British Columbia – August 19, 2026 – Juggernaut Exploration Ltd (JUGR: TSX.V) (OTCPK: JUGRF)

(FSE: 4JE) (the “Company” or “Juggernaut”) is pleased to report that initial observations from the maiden

drill program have already confirmed the extent of the Big Mac Zone to a depth of 1/2 kilometre (500 m)

and a strike of 450 m where broad intervals up to 30.11 meters of quartz -sulphide mineralization have

been intersected on the newly discovered district scale gold, silver, copper rich system on the 100%

controlled Big One property (the “Property”), Golden Triangle, British Columbia. The Big Mac Zone remains

wide open both laterally and at depth. Multiple drill holes intersected substantial intervals of broad quartz-

sulphide veins and shears containing quartz- sulphide mineralization and textures visually similar to those

observed in surface samples that assayed up to 114.60 g/t AuEq (3.66 oz/t AuEq) and continuous channel

cuts yielding up to 4.89 g/t AuEq over 5.21 meters. The drill program has been significantly expanded and

remains ongoing.

LINK TO BIG MAC VIDEO

Big Mac vein highlights:

• The Big Mac Zone has a confirmed strike on surface of 450 m with a down-dip extent confirmed in

drill core of 500 m and remains wide open for expansion both laterally and at depth. Multiple drill

holes intersected substantial intervals of broad quartz -sulphide veins and shears up to 30.11 m

wide containing chalcopyrite, galena and sphalerite , similar to those seen in high -grade gold -

bearing samples collected on surface.

LINK TO BIG MAC SCALE MAP HERE

o Drill hole BO-26-14 intersected the Big Mac Zone in a 30.11 m interval from 461.40 m to 491.51

m containing two shear zones separated by pervasively silicified diorite with minor

disseminated pyrite and sphalerite. The first shear zone consists of a 3.46 m interval from

461.40 m to 464.86 m characterized by strongly sheared diorite containing veins with up to 2%

disseminated pyrite. The second shear zone is characterized by strongly foliated and silicified

diorite with trace amounts of sulphides. Assays are pending.

BO-26-14 COMPARISON FIGURES

o Drill hole BO-26-02 intersected the Big Mac Zone in a 11.22 m interval from 117.48 m to 128.70

m characterized by veins and veinlets up to 1 m wide containing up to 2% pyrite with trace

amounts of chalcopyrite enveloped by strong quartz-sericite alteration. Assays are pending.

BO-26-02 COMPARISON FIGURES

o Drill hole BO-26-18 intercepted the Big Mac Zone in a 10.04 m interval from 374.51 m to

384.55 m containing strongly foliated diorite with disseminated pyrite and veins with up

to 1% pyrite, as well as pervasive quartz-sericite alteration. Assays are pending.

BO-26-18 COMPARISON FIGURES

o Drill hole BO -26-05 intersected the Big Mac Zone in a 9.12 m interval from 130.02 m to

139.14 m consisting of strongly sheared diorite with veins and veinlets containing up to 1%

pyrite as well as galena enveloped by pervasive quartz -sericite alteration. Assays are

pending.

BO-26-05 COMPARISON FIGURES

Drill hole BO -26-07 intercepted the Big Mac Zone in a 6.57 m interval from 153.66 m to

160.23 m containing disseminated pyrite within the shear zone as well as in veins up to 20

cm wide with strong quart-sericite alteration. Assays are pending.

BO-26-07 COMPARISON FIGURES

o Drill hole BO -26-04 intersected the Big Mac Zone in a 5.26 m interval from 122.81 m to

128.07 m characterized by veins and veinlets up to 0.5 m wide containing up to 2% pyrite

with trace amounts of galena enveloped by strong quartz -sericite alteration. Assays are

pending.

BO-26-04 COMPARISON FIGURES

• Surface exploration at the Big Mac Vein has returned several high-grade results, highlighted by

grab samples assaying up to 114.60 g/t AuEq (3.66 oz/t AuEq) and a continuous channel cut yielding

4.89 g/t AuEq over a width of 5.21 meters.

• Drilling as well as g eological mapping confirms that the vein and its hosting shear structure

measure up to 30 m wide, with a surface exposure of over 450 m and a vertical relief of up to 360

m. The system remains open along strike and at depth.

• Microscopic inspection has also identified coarse -grained, free-milling gold up to 150 microns in

size within the vein, indicating highly favorable metallurgical and processing characteristics as the

company advances this target.

• Pervasive propylitic alteration outside the veins and shear zones has been confirmed in all drill

holes that intercepted the Big Mac vein to date, strongly indicating proximity to a buried porphyry

core.

• As a result of the remarkable mineralization and intercepts length observed in drill core confirming

the robust nature of this district scale system, the fully funded 2026 drill program has been

expanded by ~30% from 10,000 m to ~13,000 m.

Manuele (Lele) Lazzarotto, President and COO of Juggernaut Exploration states: “The 2026 inaugural drill

program has already exceeded the team’s expectations with multiple significant broad intercepts of quartz -

sulphide veining up to 30.11 m wide on the Big Mac Zone that look similar to those sampled on surface that

assayed high-grade gold up to 114.60 g/t AuEq. The initial Drilling has already confirmed that we were only

seeing the tip of the iceberg on surface on Big Mac that now exceeds 450 m of strike and 500 m to depth and

remains wide open. Based on these exceptional initial results, the Company has significantly expanded the

drill program with multiple holes to ~13,000 m. We look forward to continuing to expand on this discovery in

the third dimension both to depth and along strike and we are certain it will provide many additional pleasant

surprises as drilling continues . Juggernaut Exploration is on track with discovery and looks forward to

unlocking the full potential of this newly discovered district -scale gold system and building value for its

shareholders for years to come . We plan to report additional results from the Big One property in the

immediate future as the drill program continues with two drill rigs located on the Big Mac and Whopper zones

within the 22 km2 Eldorado system.”

The fully funded 2026 inaugural drill program has been expanded from 10,000 m to 13,000 m of drilling with

two drill rigs and is designed to test the largest and most extensive veins hosted within the 22 km2 Eldorado

zone, where surface samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq and channel cuts assayed up

to 4.89 g/t AuEq over 5.21 m from >400 mineralized veins that are up to 10 m wide hosted in shear zones up

to 50 m wide, and are exposed on surface for >1 km with >1 km of vertical relief and remain open. The

planned drill holes are designed to intersect areas where multiple occurrences of gold visible to the naked

eye (VG) have been identified in surface channel and grab samples from the Whopper Zone, the Big Mac

Zone, and the Gold Dome Zone.

Drilling, sampling and detailed mapping have confirmed that gold mineralization on Big One is linked to a

Jurassic to Cretaceous transpressional system and associated intrusive sources, coeval with the magmatic

events that formed the nearby multi -million-ounce Galore Creek copper, gold, silver porphyry deposit.

Mineralized veins and shear zones were emplaced through brittle -ductile deformation during and after the

Jurassic period, forming a major structural corridor at Big One. This newly discovered district -scale system

shows widespread porphyry -style propylitic alteration, which will help vector in on the source of the

extensive mineralization confirmed in multiple recently exposed gold-rich shear zones and veins.

Big One Gold-Rich District-Scale System Highlights:

Link to map with samples > 1 g/t AuEq

● The district-scale Eldorado System covers an area of 22 km 2 that remains wide open where grab

samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq (256.60 g/t Au, 546.00 g/t Ag, 0.43 % Cu,

0.41 % Pb and 0.01 % Zn) from >400 mineralized veins that remain open and are up to 10 m wide,

hosted in shear zones up to 50 m wide, and are exposed on surface for >500 m with >1 km of vertical

relief.

Link to Gold Dome Figure

Link to Whopper Zone Figure

● The Gold Swarm Discovery is a 3 km 2 area of strong gold potential with >100 gold -rich polymetallic

veins exposed on surface for >200 m and up to 4.5 m wide with up to 700 m of vertical relief, where

grab samples assayed up to 231.81 g/t AuEq or 7.45 oz/t AuEq (226.94 g/t Au, 335.00 g/t Ag, 0.00 %

Cu, 4.99 % Pb and 0.01 % Zn) that remains open.

Link to Goldswarm Figure

● 41% (219 samples out of 527) collected within the Eldorado System in 2024 and 2025 assayed >1 g/t

AuEq; 65% (28 samples out of 43) collected within the Gold Swarm Zone in 2024 and 2025 assayed

>1 g/t AuEq.

● Gold samples up to 256.60 g/t or 8.25 oz/t, silver samples up 2810 g/t or 90.34 oz/t, and copper

samples up to 14.40 % were collected on Big One.

● Results from a petrographic study prepared by the Colorado School of Mines confirmed that gold

occurs as relatively pure, free milling gold up to 150 microns in size. Additionally, fluid inclusions with

both liquid and gaseous CO 2 bubbles have been observed within the gold -mineralized quartz veins

indicating that fluids are generated at high -pressures confirming a magmatic origin, potentially a

porphyry.

● The polymetallic veins, alteration signature, geochemical path finder element signature, and

geophysical anomalies strongly indicate the presence of a large common buried gold, silver, copper

rich porphyry feeder source or similar magmatic source or source s at depth responsible for the

extensive district scale high-grade gold, silver, copper veining confirmed on surface.

● Detailed mapping has confirmed that mineralization at Eldorado and Gold Swarm is linked to a

Jurassic to Cretaceous transpressional system and intrusive sources, coeval with the magmatic

events that formed the nearby multi -million-ounce Galore Creek copper, gold, silver porphyry

deposit.

● The district scale system shows widespread porphyry-style propylitic alteration, with the final phase

of alteration occurring simultaneously with mineralization, which will help vector towards the

potential source of the mineralization seen in the gold -rich shear zones and veins on surface that

remain open.

● Mineralized veins and shear zones were emplaced through brittle -ductile deformation during and

after the Jurassic period, forming a major structural corridor at Big One defined by northeast, east,

and northwest trends, confirming common orientations as wel l as similar geochemical signatures

and textures of the gold-mineralized veins along the 15 km Highway of Gold corridor surrounding the

snowcap of Deeker Glacier strongly indicating that the gold-rich mineralization found throughout is

all part of one district-scale gold system that remains open.

● The overall geochemistry of the gold-rich mineralized veins is clean with no occurrence of deleterious

elements such as mercury or arsenic.

● The 5-year drill permit valid until March 31, 2031, will allow the Company to define the extent of the

mineralization at depth as well as fully understand the geometry of the system and related drivers

of the mineralization in preparation for a future resource.

The Big One property is situated in a region that is well known for hosting precious metal and porphyry

deposits, several of which occur near the property including the multiple porphyry systems at Galore Creek,

the world’s largest known gold reserve at KSM and the polymetallic copper project at Shaft Creek, as well as

the Brucejack high-grade epithermal gold deposit, and the structurally controlled high -grade hydrothermal

gold-silver zones at Trophy and Sphal Creek. The property geology is favorable to host these types of deposits

as confirmed by the presence of extensive areas of propylitic alteration, untested geophysical anomalies,

strong silt, soil and rock geochemistry including path finder elements directly related to porphyry systems,

key structures and textures, porphyry-style mineralization, and high-grade polymetallic veins, that have been

discovered on the Big One property.

The Big One property can be accessed year-round via helicopter from the Glenora/Telegraph Creek Road at

the Barrington Mine (33 km to the north -northeast) as well as the Galore Creek Road (15 km to the

southeast). The Canadian government committed $20 M to extend/improve the Galore Creek Road to within

15 km of the Big One property. The property is 2 km west of the Scud River airstrip used in the early days of

Galore Creek.

The Big One property exploration qualifies for the Critical Mineral Exploration Tax Credit (CMETC).

Table 1: Collar information for holes reported. Information will be updated once drilling is completed.

Hole ID CRS Easting (m) Northing (m) Elevation (m) Azimuth (deg) Dip (deg) Length (m)

BO-26-18 NAD83/UTM Z9N 317652 6364810 Not measured 300 48 500

BO-26-14 NAD83/UTM Z9N 317652 6364810 Not measured 100 65 624

BO-26-7 NAD83/UTM Z9N 317652 6365014 Not measured 342 87 612

BO-26-5 NAD83/UTM Z9N 317652 6365014 Not measured 342 75 192

BO-26-4 NAD83/UTM Z9N 317652 6365014 Not measured 342 65 315

BO-26-2 NAD83/UTM Z9N 317652 6365014 Not measured 342 55 453

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is a preeminent explorer and generator of precious and strategic metals

projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are located in

globally recognized geological settings and in geopolitically stable jurisdictions, making them

amenable to mining in Canada. Juggernaut is a member and active supporter of CASERM, a

collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut’s key

strategic cornerstone shareholder is Crescat Capital.

For more information, please contact:

Juggernaut Exploration Ltd.

Dan Stuart

Chief Executive Officer

Tel: (604)-559-8028

www.juggernautexploration.com

Qualified Person

Rein Turna, 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.

Disclaimer

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.

QA/QC Protocol

Oriented NQ-diameter diamond drill core from the drill program is placed in core boxes by the drill crew

contracted by the Company. Core boxes are transported by helicopter to the staging area and then

transported by truck to the core shack. The core is th en re-orientated, meterage blocks are checked, meter

marks are labelled, Recovery and RQD measurements taken, and primary bedding and secondary structural

features including veins, dykes, cleavage, and shears are noted and measured. The core is then described

and transcribed in MX Deposit data management sof tware. Drill core containing quartz breccia, stockwork,

veining and/or sulphide (s), or notable alteration is selectively sampled in lengths of 0.5 to 1.5 meters.

Samples are selected from continuous intervals of mineralization and/or other relevant geological features,

including shoulder samples that extend for 3 meters into adjacent unmineralized and/or unaltered country

rock. Along barren core intervals devoid of mineralization or significant geological features, one 1 meter

sample is collected every ten meters. Core samples are cut lengthwise in half: one- half remains in the box

and the other half is inserted in a clean plastic bag with a sample tag. The bagged samples are then weighed

and secured with a zip tie. Certified r eference materials (CRMs), blanks and duplicates are added in the

sample stream at a rate of 10%. To ensure analytical anonymity, CRM identification labels are removed prior

to submission to the laboratory. Additional out -of-sequence blanks are introduced immediately following

core samples that contain visible gold to the naked eye (VG-NE) or visibly high-grade sulphide mineralization.

Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas

included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil

anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples

were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample

of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape

and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-

10 meters) and sample ID, easting, n orthing, elevation, type of sample (outcrop, subcrop, float, talus, chip,

grab, etc.) and a description of the rock were recorded on all-weather paper. Samples are then inserted in a

clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples

including blanks, certified reference materials, and duplicate samples are inserted regularly into the sample

sequence at a rate of 10%.

All samples are transported in rice bags sealed with numbered security tags. The rice bags are transported

from the core shacks to the MSALABS facilities in Terrace, BC. MSALABS is certified with both AC89 -IAS and

ISO/IEC Standard 17025:2017. The core samp les undergo preparation via drying, crushing to ~70% of the

material passing a 2 mm sieve and riffle splitting. The sample splits are weighed and transferred into three

plastic jars, each containing between 300 g and 500 g of crushed sample material. A 250 g split is pulverized

to ensure at least 85% of the material passes through a 75 µm sieve. The crushed samples are transported to

the MSALABS PhotonAssayTM facility in Prince George, where gold concentrations are quantified via photon

assay analysis (method CPA -Au1). Samples that result in gold concentrations ≥5 ppm are analyzed to

extinction. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples,

inducing the emission of secondary gamma rays, which are measured to quantify gold concentrations. The

assays from all jars are combined on a weight -averaged basis. Multielement analyses are carried at the

MSALABS facilitie s in Surrey, BC, where 250 g of pulverized splits are analyzed via ICF6xx and IMS -230

methods. The IMS-230 method uses 4 -acid digestion (a combination of hydrochloric, nitric, perchloric and

hydrofluoric acids) followed by inductively coupled plasma emission spectrometry to quantify concentrations

of 48 elements. Samples with over-limit results for Ag, Cu, Pb and Zn undergo ore-grade analysis via the ICF-

6xx method (where ‘xx’ denotes the target metal). This method employs 4 -acid digestion followed by

inductively coupled plasma emission spectrometry.

Gold Equivalent (AuEq) metal values are calculated using: Au 4004.43 USD/oz, Ag 48.80 USD/oz, Cu 5.09

USD/lbs, Pb 2026.43 USD/ton and Zn 3054.88 USD/ton on October 31, 2025. There is potential for economic

recovery of gold, silver, copper, lead, and zinc from these occurrences based on other mining and exploration

projects in the same Golden Triangle Mining Camp with similar style of high-grade gold mineralization where

Juggernaut’s project is located such as the Brucejack Mine and the Homestake Ridge Gold Project. Here, AuEq

values were calculated using multi -year running averages for metal price, and included provisions for

metallurgical recoveries, treatment charges, refining costs, and transportation. Recoveries for Au, Ag, Cu, Pb

and Zn on Big One are not known but are assumed to be similar with 85 % gold recovery, 75 % silver recovery,

75 % copper recovery, 75 % zinc recovery and 50 % Pb recovery. The quoted referenc e of metallurgical

recoveries is not from Juggernaut’s Big One project and there is no guarantee that such recoveries will ever

be achieved, unless detailed metallurgical work such as in a Feasibility Study will be completed on the Big

One project.

Drill core intervals are reported as drill lengths, where the true width is estimated to be 80-90% of the length.

The widths of the mineralized intervals were defined to reflect both the assay results and the mineralized

veining observed in drill core. Veining constrains the local width of the mineralized zone, while assay results

define the grade distribution within that zone. Reported intervals are therefore intended to represent

geologically meaningful zone widths at the point of intersection.

The reported assays of drill intervals were calculated as length-weighted average grades using the individual

sample assay results and their corresponding sample lengths. The average grade for each interval was

determined by dividing the sum of the products of each sample grade and sample length by the total sampled

interval length (Σ[grade × sample length] / Σ[sample length]). This method accounts for variations in sample

length and provides a representative average grade over the reported interval.

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

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 thos e forward-looking statements, including its ability to complete the

contemplated private placement. Readers are cautioned not to place undue reliance 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.

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