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Juggernaut Exploration Ltd.
Summary
| Project: | Empire | |
|---|---|---|
| Deposit: | Rockstar | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 1/14/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-1-2019: Juggernaut Exploration Ltd. announces an Exploration/Drilling Update report for its Rockstar deposit at the Empire project. Drilling results incl. 15.4m @ 1.37g/t Au, 3.25g/t Ag, 0.51% Cu. Vancouver, British Columbia – January 14 th, 2019 – Jug | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stephen Roach (Not stated) | |
| ABSTRACT: | Vancouver, British Columbia – January 14 th, 2019 – Juggernaut Exploration Ltd. (JUGR.V) (the “Company” or “Juggernaut”) is pleased to report assays from the inaugural exploratory drill program on the 100 % controlled Empire Property, where diamond drill hole EM-18-08 drilled perpendicular to strike and intersected 1.37 g/t Au and 0.51 % Cu (2.18 g/t AuEq) over 15.4 m. It is estimated to be ~80% of true thickness and remains open both to depth along strike in both directions. Widespread exploratory drilling at Rockstar did not explain the source of the extensive gold and polymetallic mineralization on surface, with the exception of gold-copper intercept in drill hole EM-18-08. This intercept, in conjunction with mineralization in hole MD-18-06 and MD-18-09, correlates well with the IP chargeability anomaly at this location. The anomaly broadens at depth in both directions and remains to be drill tested. Multiple other strong IP anomalies, within the one kilometre by two hundred metre survey area, at Rockstar also remain untested. Additional drilling is required to outline the full extent of this newly discovered gold and polymetallic zone that remains open both to depth and along strike in both directions. The discovery of multiple showings and widespread mineralized bedrock outcrops in 2018 that returned grades up to 350 g/t Au (10.23 oz/t), 8090 g/t Ag (236 oz/t), 20.9 % Cu, 10.25 % Pb, and 26.1 % Zn confirms the presence of a high-grade gold and polymetallic mineralizing system on | |
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