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Juggernaut Exploration Ltd. V.JUGR

Alternate Symbol(s):  JUGRF

Juggernaut Exploration Ltd. is a Canada-based company that is in the business of acquiring, exploring and evaluating mineral resource properties. The Company’s operating properties include Midas and Empire Properties, Gold Standard Property, Gold Star Property and Bingo Property. It entered into two separate letter agreements with J2 Syndicate Holdings Ltd. (the J2 Syndicate) and its members (the Optionors) providing the Company with the right to acquire a 100% interest in the Midas property situated in the Skeena Mining Division of British Columbia and the Empire property situated in the Omineca Mining Division of BC. The Gold Standard Property contains over 3,961 hectares located in West Central British Columbia (BC). The Gold Star Property contains over 238 hectares located in West Central BC in close proximity to the Gold Standard Property. It also has 100% interest in and to certain mineral claims situated in the Skeena Mining District in British Columbia, the Bingo Property.


TSXV:JUGR - Post by User

Bullboard Posts
Comment by plan-bon Jan 10, 2018 11:45am
88 Views
Post# 27323832

RE:RE:"Sky-High" numbers: 92.8 g/t Au 13,643 g/t Ag, 14% Pb 19% Cu

RE:RE:"Sky-High" numbers: 92.8 g/t Au 13,643 g/t Ag, 14% Pb 19% CuThe work conducted on this property was not done by Juggernaut nor Goliath Resources, it was done by the DSM Syndicate of which Juggernaut owns 20% and Goliath 10%. Because both Goliath and Juggernaut are publicly traded companies they are obliged to report on the results of the work done. Juggernaut's flagship property is the 'Empire' property which will be drilled this year. The DSM property is being enhanced with this work program to be optioned off to interested parties going forward.

DSM SYNDICATE

The DSM Syndicate includes members of the original team that generated, prospected and staked the Coffee Creek claims in 1998. This exploration was responsible for discovering the gold in soil anomaly in 1999 and 2000 that now forms the nucleus of the Supremo zone. This discovery evolved into a 5 million ounce gold resource that was recently bought by Gold Corp for $520 million. Members of the DSM Syndicate have been recognized by their peers in the industry for several significant mineral discoveries over 30 years.

The DSM Syndicate generated approximately 135 targets in North Western BC, these targets were ground truthed during the summer and fall of 2017. Results are expected to be reported as they become available.

Juggernaut Exploration Ltd. owns a 20 percent stake in the DSM Syndicate.

Bullboard Posts