Juggernaut (JUGR) has commenced drilling at two 100-per-cent owned high-grade gold and silver targets in northwestern B.C.
Target #1 - Goldzilla Hinge Zone - Gold Standard Property
The Hinge Zone, 100 m long by up to 20 m wide, contains up to 6 g/t AuEq over 12 m, including 5 m of 13.03 g/t AuEq and 1 m of 31.66 g/t AuEq.
Hinge is part of the larger Goldzilla orogenic system, which has been traced on surface for 938 m with 320 m of vertical relief and remains open along strike and at depth.
The GoldStandard Property is 4 km from major infrastructure and 1 km to tidewater and logging roads providing for cost-effective exploration.
Target #2 - Goldilocks Zone - Goldstar Property
Goldilocks is demarked by outcrops that daylight in glacial talus containing high-grade gold and polymetallic mineralization with grab samples assaying up to 40 g/t AuEq.
The zone is defined by veining and altered host rock over 190 m by 20 m and 160 m of vertical relief and remains open in all directions.
To date, 84 per cent of rock samples collected at Goldilocks assayed greater than 1 g/t Au.
Goldstar is approximately 5.5 km from logging access roads and lies within 4.5 km of tidewater providing for good access to infrastructure.
Dan Stuart, President and CEO of Juggernaut, commented,
"Juggernaut is in the unique position of being fully funded to undertake inaugural drilling at two virgin bedrock discoveries, GoldStandard and Goldstar. In previous seasons’ work, Juggernaut confirmed the presence of high-grade gold-silver-polymetallic mineralization over significant extents at both projects. With drilling now underway, coupled with only 40 million shares outstanding, no debt and over C$6,000,000 in the treasury, Juggernaut provides an excellent opportunity for investors to participate in these exciting exploration stories in a strengthening precious and base metals bull market."
Juggernaut Exploration is a precious metals project generator focused on northwestern British Columbia.
Juggernaut (JUGR) is unchanged trading at $0.25 per share as of 12:02 pm ET.