JUGR.V · 2026-05-19 12:00:00

Juggernaut Mobilizes FOR Inaugural 10,000 Meter Drill Program to Test New District Scale High Grade GOLD Silver Copper Rich Discovery at 100% Controlled BIG One Property, Golden Triangle, B.c

Exploration Programs

JUGGERNAUT MOBILIZES FOR INAUGURAL 10,000 METER DRILL

PROGRAM TO TEST NEW DISTRICT SCALE HIGH GRADE GOLD SILVER

COPPER RICH DISCOVERY AT 100% CONTROLLED BIG ONE PROPERTY,

GOLDEN TRIANGLE, B.C

Vancouver, British Columbia – May 19, 2026 – Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE:

4JE) (the “Company” or “Juggernaut”) is pleased to report th at it has mobilized for its inaugural drill

program 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 2026 planned inaugural drill program

will consist of 10,000 meters of drilling designed to test the largest and most extensive veins hosted within

the 22 km 2 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.

Link to map with samples > 1 g/t AuEq

Link to Big One 2026 Video

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:

• Big Mac Vein

o Grab samples assayed up to 113.92 g/t AuEq or 3.66 oz/t AuEq

o Channel cut assayed up to 4.89 g/t AuEq over 5.21 m

o Coarse grained free milling gold up to 150 microns in size observed in the vein

o Vein/shear is up to 10 m wide and exposed on surface for >400 m with a vertical relief of

up to 360 m and remains open

Link to video; Link to image gallery

• Whopper Vein

o Grab samples assayed up to 43.94 g/t AuEq or 1.41 oz/t AuEq

o Channel cuts assayed up to 6.89 g/t AuEq over 4.00 m

o Multiple occurrences of VG as well as coarse grained free milling gold up to 150 microns in

size observed in the vein

o Vein is up to 5 meters wide hosted in a shear zone up to 50 meters wide that is exposed on

surface for >500 meters with a vertical relief of up to 780 meters and remains open

Link to video; Link to image gallery

• XXXL Vein (Gold Dome Zone)

o Grab samples assayed up to 139.21 g/t AuEq or 4.48 oz/t AuEq

o Channel cuts assayed up to 5.86 g/t AuEq over 3.00 m

o Coarse grained free milling gold up to 150 microns in size observed in the vein

o Veins/shears are up to 4 meters wide and exposed on surface for >1 km with a vertical

relief of up to ~600 m and remain open

Link to video; Link to image gallery

Manuele (Lele) Lazzarotto, President and COO of Juggernaut Exploration states: “We are excited to be the

first to drill this district scale gold -rich system initially targeting the most extensive high -grade veins/shears

seen on surface containing gold visible to the naked eye (VG)/coarse -grained free milling gold, as well as

substantial amounts of sulphides containing high -grade silver and copper. The geometry and number of

widespread veins/shears identified by surface mapping strongly indicates that we can expect to see the same

laterally and at depth in the 22 Km 2 Eldorado System. In addition to being designed to intersect the veins

exposed on surface, a number of drill holes are also designed to test the subsurface to greater depths for the

presence of additional veins and shears that are not exposed on surface. This maiden drill campaign will also

test indications of a large causative mineralizing source at depth. We believe there is strong potential to see

occurrences of visible gold in drill core as the program progresses. We will certainly have a better

understanding of this district scale system once this inaugural drill program is completed.”

Free milling gold associated with galena.

Gold visible to the naked eye.

Big One Gold-Rich District-Scale System Highlights:

● 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).

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 geopol itically 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, Director

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

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 biode gradable 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, northing, 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 (meth od 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 t o quantify gold concentrations. The

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

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

methods. The I MS-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 reference of metallurgical

recoveries is not from Juggernaut’s Big One project and there is no g uarantee 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.

For more information, please contact:

Juggernaut Exploration Ltd.

Dan Stuart

Chief Executive Officer

Tel: (604)-559-8028

www.juggernautexploration.com

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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 those 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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