New Risk • Mar 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$50k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$50k free cash flow). Shares are highly illiquid. Negative equity (-CA$482k). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.10m market cap, or US$790.2k). Board Change • Mar 02
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Advisor Peter Gommerud is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Jan 19
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Advisor Peter Gommerud is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Board Change • Dec 05
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Advisor Peter Gommerud is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Duyuru • Nov 22
Jaeger Resources Corp. announced that it expects to receive CAD 0.2 million in funding Jaeger Resources Corp. announced a private placement on November 21, 2025. The company will issue 20,000,000 common shares at an issue price of CAD 0.01 per share for gross proceeds of up to CAD 200,000. There is no minimum number of shares or minimum aggregate proceeds required to close the offering and the company may, at its discretion, elect to close the offering in one or more tranches. The securities issued pursuant to the offering are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation. Closing of the offering and issuance of the shares are subject to a number of conditions, including receipt of all necessary regulatory and corporate approvals, including approval from the exchange. Board Change • Nov 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tony Qian was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 04
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tony Qian was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tony Qian was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 25
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tony Qian was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tony Qian was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 25
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tony Qian was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 07
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tony Qian was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 12
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tony Qian was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tony Qian was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tony Qian was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Dec 05
Jaeger Resources Corp., Annual General Meeting, Jan 13, 2025 Jaeger Resources Corp., Annual General Meeting, Jan 13, 2025. New Risk • Oct 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$201k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$201k free cash flow). Shares are highly illiquid. Earnings have declined by 59% per year over the past 5 years. Shareholders have been substantially diluted in the past year (182% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.62m market cap, or US$1.17m). Board Change • Sep 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Tony Qian was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Aug 21
Jaeger Resources Corp. announced that it has received CAD 0.3 million in funding On August 20, 2024, Jaeger Resources Corp. closed the transaction. The company announced that it has issued 30,000,000 common shares at an issue price of CAD 0.01 per share for gross proceeds of up to CAD 300,000. The company has anticipated that approximately CAD 209,649.97 of the net proceeds of the Offering. The securities issued pursuant to the Offering and the Debt Settlement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. Duyuru • May 29
Jaeger Resources Corp. announced that it expects to receive CAD 0.3 million in funding Jaeger Resources Corp. announced a non-brokered private placement of up to 30,000,000 common shares at an issue price of CAD 0.01 per share for gross proceeds of up to CAD 300,000 on May 27, 2024. In its discretion, the company may increase or decrease the size of the Offering in accordance with the policies of the NEX board of the TSX Venture Exchange. In connection with the Offering, the company may pay finders’ fees in cash or securities or a combination thereof, to certain finders, as permitted by the policies of the Exchange. There is no minimum number of shares or minimum aggregate proceeds required to close the Offering and the company may, at its discretion, elect to close the Offering in one or more tranches. The securities issued pursuant to the Offering are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. Closing of the Offering are subject to a number of conditions, including receipt of all necessary regulatory and corporate approvals, including approval from the Exchange. Duyuru • Jul 18
Jaeger Resources Corp., Annual General Meeting, Sep 20, 2023 Jaeger Resources Corp., Annual General Meeting, Sep 20, 2023. Duyuru • Nov 23
Jaeger Resources Corp. Announces Taylor Brook Exploration Update Jaeger Resources Corp. provided an update on its Taylor Brook zinc - lead - silver - copper exploration program in the Bathurst Mining Camp, New Brunswick. The interpretation of the geophysical data has greatly increased the geological understanding of the Taylor Brook Property which indicates that the area has potential for the discovery for discovering new and additional zinc - lead - copper - silver zones. This style of geophysical characteristics appears similar to the Stratmat deposit located approximately six kms to the southwest of the Taylor Brook Deposit. A newly-interpreted geophysical map of the Taylor Brook Property by the Company indicates several VLF anomalies coincide with those on Trevali's Stratmat Property. This interpretation has identified four kilometres of relatively under explored ground on the Company's claims that is along strike from the Stratmat Deposit. The magnetics are interpreted to be associated with magnetite-ilmenite bearing meta-gabbros that have associated scandium mineralization. The VLF results indicate a major northeast- southwest trend that is coincident with the regional structural trend and define the Stratmat Shear Zone. The Taylor Brook Deposit model has some similarities to that of Stratmat's Boundary Deposit. The Boundary Deposit was mined from 1989 to 1993 as both open pit and underground operations. The VLF signature of the Boundary Deposit appears to be similar to that of the Taylor Brook Deposit. In addition to this, the Stratmat "Shear Zone" is continuous onto the Taylor Brook Property and there are many similar geophysical anomalies that warrant further investigation. Owing to similarities in geology, structures, and geophysical signatures, data co-operation is mutually beneficial. The Company has a Memorandum of Understanding (MOU) with Trevali Mining Corp. to share data. No major drilling has been conducted on the Taylor Brook Deposit since 1996 and the Company believes that the majority of the previous 1995/1996 drilling may have been in the wrong direction. As a result of the recent geophysical and lithogeochemical surveys and data compilation that have been carried out, a newer interpretation of the geology of the deposit is evolving. The Company is focused on discovering major mineralized systems, on scale with Trevali's Stratmat system while its geophysical and geological signatures are repeated across the region signalling district-scale blue-sky potential. The Bathurst Mining Camp is not so much a single zinc-lead-silver-copper deposit but a region with multiple potential deposits staggered along local and regional prospective horizons and structures. The Company's management at Jaeger Resources has an open-minded approach of creating and using new ideas and techniques for exploration and development. Duyuru • Nov 04
Jaeger Resources Corp. announced that it expects to receive CAD 0.5 million in funding Jaeger Resources Corp. announced a best efforts non-brokered private placement of up to 5,000,000 units at a price of CAD 0.02 per unit for gross proceeds of up to CAD 100,000, and 10,000,000 critical mineral element flow-through units at a price of CAD 0.04 per unit for gross proceeds of up to CAD 400,000, for aggregate gross proceeds of up to CAD 500,000 on November 3, 2020. The transaction will include participation from insiders of the company. Each unit will consist of one common share and one warrant. Each warrant entitles the holder to purchase one additional common share at CAD 0.05 for a period of two years from the date of closing. Each flow-through unit will consist of one common share and one warrant. Each warrant entitles the holder to purchase one additional common share at CAD 0.08 per share for a period of two years from the date of closing. The transaction is subject to regulatory approval and the approval of the TSX Venture Exchange. The company may pay finder’s fees in the transaction. All securities issued under these private placements will be subject to a four-month hold period. Duyuru • Oct 28
Jaeger Resources Corp. Announces Taylor Brook Summer Field Exploration Update Jaeger Resources Corp. provided an update on its Taylor Brook zinc lead silver copper exploration program in the Bathurst Mining Camp, New Brunswick. The Company's consulting geologist conducted a brief field mapping and sampling program at its Taylor Brook property. This program was designed to follow up on the previously known sulphide mineralization. Outcrop is limited, however several new areas of mineralized rock were discovered. Mineralization was predominantly pyrite in silicified rhyolites. The lithogeochemical elements to note are aluminum, titanium and barium which can indicate proximity to base metal mineralization. Updated barium and Taylor Brook Index maps are shown on the Company website www.jaegerresources.com. These maps show the continuum of mineralization associated with the strong VLF anomaly as shown on the Fraser filter contour VLF map on the website. This is approximately 3300 metres in strike length and is associated with a major linear structure. One mineralized sample reported >10,000 ppm zinc and 3.4 ppm indium. Previous sampling has shown that the Taylor Brook deposit has anomalous indium concentrations which is now considered a critical element in short supply in North America. Indium is associated with Trevali Mining Corporation's Stratmat deposit and was a resource at the Brunswick 12 and Heath Steele deposits. In order to fully define this potential indium resource associated with the zinc mineralization, diamond drilling will need to be done. Line cutting and a VLF geophysical survey have been completed on the new claims. The magnetometer survey is anticipated to be completed in November and the results will be reported then. Management at Jaeger Resources has an open-minded approach of creating and using new ideas and techniques for exploration and development. Duyuru • Oct 19
Jaeger Resources Corp. Announces Scandium Exploration Update Jaeger Resources Corp. provided an update on its scandium exploration programs. British Columbia Project: A three-day sampling program was conducted as a follow up to the scandium reconnaissance program conducted in 2021. Prospecting identified an unknown granitic - feldspar porphyry dyke that may have some potential for rare earth elements. More than 32 sites were mapped and sampled. The samples are in preparation of being submitted for analysis and results will be reported when received. New Brunswick - Taylor Brook Property: Owing to the scarcity of outcrop, sampling of the gabbro is somewhat limited. This gabbro is well defined by the magnetic survey and has some potential extent. Further field work and sampling will be conducted when time permits. In order to fully define this potential scandium resource associated with the gabbro, diamond drilling will need to be carried out. It is noted that scandium is associated with the gabbro at Trevali's Stratmat deposit in New Brunswick. Cranbrook Area: During a gold reconnaissance project samples of the Moyie gabbro were sampled for the purpose of identifying any potential scandium mineralization. Analyses were conducted at the Bureau Veritas Lab, Vancouver, utilizing a 4-acid digestion followed by MA250 method. Duyuru • Oct 13
Jaeger Resources Corp. Provides Gold Exploration Update Jaeger Resources Corp. provided an update on its gold exploration program. Grab sampling of several scattered outcrops was undertaken. Analytical results were not encouraging except for one sample which reported an elevated copper concentration of 1280 ppm with 1.3 ppm silver. Chalcopyrite was noted in the sample which was a quartz vein intruding the Moyie gabbro. No further work is warranted at this time. The Company is also reviewing another gold property that may have some potential. Duyuru • Sep 02
Jaeger Resources Transfers its Listing from Tier 2 of the TSX Venture Exchange to the NEX at the Opening of Business on September 2, 2022 Jaeger Resources Corp. announced that the company is transferring its listing from Tier 2 of the TSX Venture Exchange to the NEX board of the same exchange. The company's common shares will commence trading on NEX at the opening of business on September 2, 2022 under the trading symbol JAEG.H. The board of directors anticipated that due to the uncertainty of the market to raise sufficient funds at present for a major exploration program and to minimize expenditures and requirements regarding the TSX Venture Exchange policies that it was in the best interest of the Company to transfer to the NEX board. When markets improve, the Company will review the situation at that time. Board Change • Jun 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Chairman Russel Renneberg was the last independent director to join the board, commencing their role in 1993. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jun 09
Jaeger Resources Corp., Annual General Meeting, Aug 03, 2022 Jaeger Resources Corp., Annual General Meeting, Aug 03, 2022. Board Change • May 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Chairman Russel Renneberg was the last independent director to join the board, commencing their role in 1993. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 21
Jaeger Resources Corp. Signs A Memorandum of Understanding for the Exploration of Scandium on A Property in British Columbia Jaeger Resources Corp. announced that it has signed a Memorandum of Understanding for the exploration of scandium on a property in British Columbia. A property of merit was identified by Mr. Bruce Downing as having a potential for scandium. Preliminary prospecting was initiated in 2021 and grab samples of various rock types from an Alaskan-type zoned intrusion were collected. The area is accessible via logging roads and the samples are from several scattered occurrences. Samples were sent to the Bureau Veritas facility in Vancouver for preparation and analysis using their FA350, MA250 and LF300 analytical methods. All samples were subjected to both a four-acid digestion followed by ICP-MS (MA250) and a lithium metaborate fusion followed by ICP-ES (LF300). It is imperative that a proper digestion and analytical method be used for scandium. It is also important that a multi-element scan be done for trace element content which may impact the potential economics of a deposit. Scandium results indicate that the MA250 and LF300 methods are compatible. It is interesting to note the presence of tellurium and that tellurium and scandium appear to correlate. The platinum and palladium values are also of interest. The scandium results are very encouraging and a more detailed prospecting, mapping and sampling program will be conducted in 2022. Petrographic studies will be conducted in order to determine the mineralogy. The field-identified hornblendite may in fact be composed of pyroxenes. The samples were analyzed at the ActLabs laboratory in Ancaster, Ontario. The major oxides were analyzed using the WRA+ICP 4Litho package which employs a lithium metaborate /tetraborate fusion. The resulting molten bead is rapidly digested in a weak nitric acid solution. Analysis is by ICP-OES and ICP-MS. There are elevated scandium concentrations in this unit. The scandium probably occurs in the ilmenite but may also be present in the amphibole. The titanium (TiO2) is due to the presence of ilmenite which alters to sphene with trace rutile. Modal estimates of ilmenite range from 5 to 8%. Magnetite is also present. It is also imperative that the proper analytical method and digestion be conducted to determine the trace element content of resistates such as ilmenite and magnetite. Additional sampling of outcrops on the property for further exploration of scandium is ongoing. Similar scandium concentrations also occur in the mafic unit associated with the Stratmat deposit. Scandium is now listed as a rare metal by both the United States and Canadian governments and a "made in North America" supply chain is warranted. The recent Canadian federal Government budget has included a Critical Mineral Exploration Tax Credit. The tax credit would apply to certain exploration expenditures targeted at nickel, lithium, cobalt, graphite, copper, rare earths elements, vanadium, tellurium, gallium, scandium, titanium, magnesium, zinc, platinum group metals, or uranium. Board Change • Mar 31
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Chairman Russel Renneberg was the last independent director to join the board, commencing their role in 1993. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 12
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Chairman Russel Renneberg was the last independent director to join the board, commencing their role in 1993. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Dec 22
Jaeger Resources Corp. (TSXV:JAEG) acquired 9 Claims (198 hectares) near Taylor Brook Property. Jaeger Resources Corp. (TSXV:JAEG) acquired 9 Claims (198 hectares) near Taylor Brook Property recently. Board Change • Sep 08
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Chairman Russel Renneberg was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Chairman Russel Renneberg was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Aug 06
Jaeger Resources Corp. Provides Exploration Update for Taylor Brook Zinc-Lead-Silver-Copper Property Jaeger Resources Corp. provided an update on the Company's exploration activities on its Taylor Brook zinc-lead-silver-copper property in the Bathurst Mining Camp, New Brunswick, Canada. The Company announced the receipt of its work permit from the Natural Resources and Energy Development Branch, New Brunswick. The exploration plans for 2021 will include extending the ground-based grid westward to the Trevali - Jaeger claim boundary that will encompass 30 kms of line cutting. VLF, magnetometer and HLEM geophysical surveys will be conducted over this new grid. Geometallurgical studies will also continue. This exploration program follows up on the VLF, HLEM and magnetometer surveys conducted in 2019 and 2020 which outlined some anomalous areas of interest. The Company would like to acknowledge the successful application for financial support from the New Brunswick Junior Mining Assistance Program which will aid in the funding of the 2021 exploration program. Board Change • Jul 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Chairman Russel Renneberg was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jul 20
Jaeger Resources Corp. Announces Petrographic Study At Its Taylor Brook Zinc - Lead - Silver - Copper Property in New Brunswick Jaeger Resources Corp. announced preliminary results and interpretations of a petrographic study on selected outcrop samples of a mafic unit from the Taylor Brook Property in New Brunswick. This is in conjunction with the lithogeochemical - geometallurgical study as reported in the September 15, 2020 news release. Significant ilmenite was identified in the meta intrusive unit (diabase - gabbro). Compositionally, this unit contains altered plagioclase, actinolite, epidote, chlorite and accessory quartz. The samples were analyzed at the ActLabs laboratory in Ancaster, Ontario. The major oxides were analyzed using the WRA+ICP 4Litho package which employs a lithium metaborate /tetraborate fusion. The resulting molten bead is rapidly digested in a weak nitric acid solution. Analysis is by ICP-OES and ICP-MS. TiO2 (Ti) can be used to map the mafic intrusive and dykes which generally contain > 2% TiO2. The Ti is due to the presence of ilmenite which alters to sphene with trace rutile. Ilmenite is replaced by pyrite in trace amounts with rare chalcopyrite. Modal estimates of ilmenite range from 5 to 8 percent. Where there is a weak magnetic response and intense alteration and deformation, then Ti together with Co, Cr, V and Sr can be used to distinguish this unit. Magnetite has also been reported in this unit. There are elevated scandium concentrations (30 to 40 ppm as identified to date from limited sampling) in this unit. The scandium probably occurs in the ilmenite but may also be present in the amphibole. It is also imperative that the proper analytical method and digestion be conducted to determine the trace element content of resistates such as ilmenite and magnetite. Similar scandium concentrations also occur in the mafic unit associated with the Stratmat deposit. Additional sampling of outcrops on the property for further exploration of scandium lithogeochemistry is ongoing. The thin section preparation was carried out by Vancouver Petrographics (Fort Langley, BC) and the petrographic report was prepared by Dr. Craig Leitch, (Saltspring Island, BC). This study provided additional information on the lithologies and types of alteration associated with various property structures and mineralized intercepts of economic interest as well as to compare these to known deposits in the Bathurst Mining Camp. Duyuru • Apr 27
Jaeger Resources Corp. Provides an Update on the Exploration Activities on Its Taylor Brook ZincLeadSilver-Copper Property in the Bathurst Mining Camp, New Brunswick, Canada Jaeger Resources Corp. provided an update on the Company's exploration activities on its Taylor Brook zincleadsilver-copper property in the Bathurst Mining Camp, New Brunswick, Canada. An exploration program consisting of Horizontal Loop Electromagnetic (HLEM) geophysical survey was conducted in 2020 to follow up on the VLF and magnetometer surveys (2019 and 2020) which outlined some anomalous areas of interest. The Taylor Brook deposit was also surveyed. The VLF, magnetometer and HLEM data were sent to a geophysical consultant for interpretation. A geological setting together with results of the work done to date show that the property has the potential for additional drill untested geophysical targets. Lithogeochemical and geometallurgical studies (Part One and Two) were carried out in 2019 and 2020. These studies are important for understanding the geology, mineralization, trace elements, waste rock and tailings components of any deposit and their impact on the environment and reclamation. This program also has the potential for discovering and locating additional mineralization on the property for follow-up drilling. An interesting discovery is the presence of indium associated with zinc mineralization and scandium associated with a gabbro on the property. Indium was an integral part of mineralization at the Brunswick 12 and Heath Steele deposits and could be of interest in deposits along the Stratmat Shear Zone. More work is needed to quantify these elements. The Company has initiated sharing exploration geophysical data through a Memorandum of Understanding with Trevali Mining Corp. regarding Jaeger's Taylor Brook Property and Trevali's Stratmat Property. The Stratmat "Shear Zone" is continuous onto the Taylor Brook Property and there are many similar geophysical anomalies that warrant further investigation. Owing to similarities in geology, structures, lithogeochemistry and geophysical signatures, data co-operation is mutually beneficial to develop further deposits. Duyuru • Dec 17
Jaeger Resources Corp. Provides an Update on the Exploration Activities on Its Taylor Brook Zinc – Lead – Silver - Copper Property in the Bathurst Mining Camp, New Brunswick, Canada Jaeger Resources Corp. provided an update on the Company's exploration activities on its Taylor Brook zinc – lead – silver - copper property in the Bathurst Mining Camp, New Brunswick, Canada. Recent field work has included mapping of the VLF geophysical anomalies and re-sampling of some of the diamond drill core from the 1995 and 1996 drill campaigns. Mineralized and unmineralized outcrops have been sampled and will be sent out for lithogeochemical analyses. From a review of the historical drill logs, a chloritic iron formation (or exhalite) was noted in three drill holes that was not previously sampled. The significance of this unit is that it has been recognized and mapped at the former Brunswick Mine 12 deposit. A better understanding of the lithogeochemistry of the deposit will become more apparent as additional unsampled core from previous drilling is sampled. Further exploration is warranted, as the property has not been systematically explored and delineated laterally to the east or west, nor to depth as the property has had very limited exploration. This property appears to have several mineralized horizons and is folded with faulted offsets. These may be stacked horizons due to different lithostratigraphic horizons or stacked due to structural deformation. The property has the right host rocks, evidence of a mineralized system and potential for scale. Duyuru • Oct 08
Jaeger Resources Corp. Announces Preliminary Geological Model At Its Taylor Brook Zinc Lead Silver Copper Deposit in New Brunswick Jaeger Resources Corp. announced a preliminary geological model for its Taylor Brook Deposit in New Brunswick, Canada. This model indicates the presence of near surface mineralization which may be amenable to open pit development. This model helps to identify both structural and lithological controls on the deposit system, which have an importance for the rest of the Taylor Brook Property that could be present across the entire 7 km geological strike length of the Property at/near surface and continuing at depth. To date, less than 10% of the Taylor Brook Property has been explored with diamond drilling. The interpreted model indicates an antiformal shape with several sub-parallel lenses of massive to semi-massive sulphides that may be a result of tight Z type folding and /or structural repetition of lithological units reflecting a combination of folding episodes as well as possible stacking by thrusting. Going forward, the use of lithogeochemical analyses and methods will aid in the interpretation of the structural geology of the deposit. From recent exploration work, much of the historical drilling is interpreted to be oriented in the wrong direction and as such some of the thinner intersections tend to be discontinuous from drill hole to drill hole. Some of these intersections are oriented in directions that may be sub-parallel to drilling, suggesting continuity is possible with other mineralized zones. The model can also be used to define and direct drilling that is required for an updated resource. Additional drilling will be needed to confirm the continuity of near surface mineralization. The Taylor Brook Deposit model has some similarities to that of Stratmat's Boundary Deposit which was estimated to contain 891,000 tons grading 3.31% Pb, 7.96% Zn, 0.32% Cu and 44 g/t Ag. The Boundary Deposit was mined from 1989 to 1993 as both open pit and underground operations. The VLF signature of the Boundary Deposit is similar to that of the Taylor Brook Deposit. Duyuru • Sep 18
Jaeger Resources Corp. Announces Completion of Its Geophysical Surveys At Its Taylor Brook Zinc Lead Silver Copper Property in New Brunswick Jaeger Resources Corp. announced the completion of its Very Low Frequency (VLF), Horizontal Loop Electromagnetic (HLEM) and magnetometer geophysical surveys on its Taylor Brook Property in New Brunswick. Approximately 40 km of new grid has been completed and was designed to cover areas of the new claims (9229, 9381) which were staked in 2019 and 2020 to cover the open and under- explored ground between the Taylor Brook Property and the Stratmat Deposit. This area has the potential for the discovery of new mineralized zones and has not been explored since 1996-7. The grid and claims are shown on the Company website. Exploration over this new grid consisted of VLF and magnetometer geophysical surveys which have now been completed. The VLF and magnetometer maps are posted on the Company website. The HLEM survey was conducted over selected VLF anomalies interpreted from earlier geophysical surveys conducted in 2019 and 2020. A partial HLEM survey was conducted in 2018 over the Taylor Brook Property and has now been completed. The geophysical data has been forwarded to the Company's geophysicist for evaluation and recommendations. From a preliminary review, there appear to be several VLF and magnetitic anomalous areas at the western edge of the grid that may have to be followed up, which would entail additional line cutting and grid extension. Duyuru • Sep 17
Jaeger Resources Corp. Announces Petrographic Study at its Taylor Brook Zinc Lead Silver Copper Property in New Brunswick Jaeger Resources Corp. announced preliminary results and interpretations of a petrographic study on selected samples of drill core and outcrops from the Taylor Brook Property in New Brunswick. This is in conjunction with the lithogeochemical geometallurgical study as reported in the February 26, 2020 news release. Petrographic studies indicate the presence of similar rock types and mineralization to that of the Stratmat Deposit which is six km west of the Taylor Brook Deposit. This also suggests that mineralization at Taylor Brook is part of a large district-wide system, albeit structurally divided. Duyuru • Sep 09
Jaeger Resources Corp. announced that it expects to receive CAD 0.75 million in funding Jaeger Resources Corp. (TSXV:JAEG) announced a best efforts non-brokered private placement of up to 6,250,000 units at a price of CAD 0.04 per unit for gross proceeds of up to CAD 250,000 and up to 10,000,000 flow-through units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 500,000; for an aggregate gross proceeds of CAD 750,000 on September 8, 2020. Each unit will consist of one common share and one warrant. Each warrant entitles the holder to purchase one additional common share at CAD 0.08 for a period of two years from the date of closing. Each flow-through unit will consist of one common share and one warrant. Each warrant entitles the holder to purchase one additional common share at CAD 0.10 for a period of two years from the date of closing. The transaction is subject to the approval of the TSX Venture Exchange. Finder’s fees may be paid in accordance with the requirements of the TSX Venture Exchange.