Announcement • Jul 08

Juggernaut Exploration Ltd Commences Inaugural Drill Program on Big One Property in Golden Triangle

Juggernaut Exploration Ltd. has commenced drilling on the newly discovered district scale gold, silver, copper rich system on the 100% controlled Big One property, Golden Triangle, British Columbia. The fully funded 2026 inaugural drill program will consist of approximately 10,000 meters of drilling with two drill rigs 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 more than 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 more than 1 km with more than 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. Surface exploration at the Big Mac Vein has returned exceptional high-grade results, highlighted by grab samples assaying up to 113.92 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. Geological mapping confirms that the vein and its hosting shear structure measure up to 10 m wide, with a surface exposure of over 400 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. The Whopper Vein demonstrates remarkable structural scale and high-grade mineralization, with initial grab samples assaying up to 43.94 g/t AuEq (1.41 oz/t AuEq). Representative channel sampling across the structure has further validated this continuity, returning 6.89 g/t AuEq over 4.00 meters. The more than 5 m wide vein is enveloped within a massive, up to 50 m wide shear zone that has been traced on surface for more than 500 m, with a vertical relief of up to 780 m that remains open for expansion. Multiple occurrences of visible gold (VG) alongside coarse-grained, free-milling gold up to 150 microns in size, have been identified, underscoring the robust metallic distribution across this structure. At the Gold Dome Zone, the XXXL Vein system has delivered some of the highest surface grades to date, with grab samples returning up to 139.21 g/t AuEq (4.48 oz/t AuEq). Systematic channel cuts have further confirmed consistent grade distribution, assaying 5.86 g/t AuEq over a 3.00-meter interval. The underlying veins and shears measure up to 4 meters wide and exhibit remarkable lateral continuity, striking on surface for over 1 km with a vertical relief of 600 m and remain open. Surface samples collected at XXXL contain coarse-grained, free-milling gold up to 150 microns in size. The district-scale Eldorado System covers an area of 22 km2 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 more than 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 more than 500 m with more than 1 km of vertical relief. The Gold Swarm Discovery is a 3 km2 area of strong gold potential with more than 100 gold-rich polymetallic veins exposed on surface for more than 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. 41% (219 samples out of 527) collected within the Eldorado System in 2024 and 2025 assayed more than 1 g/t AuEq; 65% (28 samples out of 43) collected within the Gold Swarm Zone in 2024 and 2025 assayed more than 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 CO2 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 sources 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 well 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.

Juggernaut Exploration Ltd. Stock Price

JUGR Share Price Performance

JUGR Community Narratives

Trending Discussion

Recently Updated Narratives

Snowflake Analysis

Juggernaut Exploration Ltd. Key Details

About JUGR

Recent JUGR News & Updates

New major risk - Shareholder dilution

Juggernaut Exploration Ltd Commences Inaugural Drill Program on Big One Property in Golden Triangle

We're Not Very Worried About Juggernaut Exploration's (CVE:JUGR) Cash Burn Rate

Recent updates

Juggernaut Exploration Ltd. Competitors

Falcon Energy Materials

Lahontan Gold

Silver One Resources

Majestic Gold