Promising grabs from Juggernaut’s Goldcrest

Juggernaut Exploration TSX-VL JUGR

Juggernaut Exploration TSX-VL JUGR

We met with CEO Dan Stuart at this year’s VRIC and we were mighty impressed with the company, there’s a video to come soon, but in the meantime a quick project update:

Yesterday, Juggernaut Exploration Ltd. (TSX-V: JUGR) released their first assay data from the Goldcrest property, 12 kilometers from Bella Coola, British Columbia covering 827 hectares. Grab samples showed up to 3.16 g/t gold and 69.6 g/t silver

Highlights of the project:

  • New bedrock discovery with no previous work recorded in the area.
  • Largely unexplored providing for excellent additional discovery potential.
  • The Cadillac trend measures 750 meters by 100 meters, defined by gossanous bedrock with grab samples containing gold and silver mineralization. The zone remains open in all directions.
  • A hydrothermal breccia and stockwork zone was traced over a 50 metre area within the Cadillac trend. Grab samples containing anomalous gold and silver mineralization were collected from this breccia
  • Bedrock grab samples assayed up to 3.16 g/t Au.

Upcoming geological mapping, prospecting and channel sampling is expected to outline the full geometry of the Cadillac trend and mineralisation in the region.

stay tuned!

Updates from Liam Hardy – Twitter: @BeefcakeHardy @MiningIRmedia

Posted in Blog, Mining, Trending news, TSX Venture Exchange Tagged with: , , , , ,
2 comments on “Promising grabs from Juggernaut’s Goldcrest
  1. Ron Munson says:

    These are the same guy that got Newmont for a 53M J/V…… apparently the hardest working and best explorers in the business. I was at VRIC conference and I over heard that older guy, cant remember his name with the glasses that was part of the opening panel for the conference. He was up there with Katusa, kinda looks like a bird a bit (famous guy). I was standing buy the Guyana guys both and he was telling some other guy Juggeranut was their favourite up and commer…. said it had a 1000%-2000% return potential by September of 2018.

    I bought some right away on that and I’m already up 12.5%

  2. Zach says:

    Rare to set targets based on geophysics alone, unless they’re pretty damn good. Conductivity and size on this one is shocking. Likely all sorts of metals smashed together, big time pricey rock. Might need a smelter but who cares if it works out as good as it looks now. Close to everything and deepwater port. So the .20s etc are mine, thank you.

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