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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

Post by Magnum2on Aug 18, 2021 11:21am
201 Views
Post# 33723379

Fly in, fly out drilling program @ Gold Standard

Fly in, fly out drilling program @ Gold Standardwith 10 holes of 20 holes already completed (keep in mind this is exploration drilling so the GEO may always ask that something else to be drilled if he likes what he is seeing).

So based on what they have already completed, another two and half to three weeks should be required to complete the initial program @ Gold Standard.

Seeing as the helicopter/drill crew require efficiency throughout the entire day and program, I would fully expect every flight up the mountain is to move the crew/drill and or cores, so each drill location is completed fully(we should have ten holes worth of cores off the mountain, hopefully on their way to the lab) and cost efficiently.

GoldStar drill program should be started next week is what I was passed onto me.

People/shareholders that panicked yesterday may be regretting that decision once we get assays back, but to each his own, trade your own account accordingly.

Personally with ten holes completed, Crescat/Hennighs' involvement and the market cap only a few Million over our cash holdings in the treasury, I will gladly wait to see what these cores bring;)))

DYODD

Disclosure: holder of JUGR and sitting on bids
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