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Juggernaut Exploration
Investor Insight
Juggernaut Exploration is an early-stage explorer and project generator with a compelling investment story, focused on unlocking high-grade precious and base metal discoveries in the prolific Golden Triangle of northwestern British Columbia.
Overview
Juggernaut Exploration(TSXV:JUGR,OTCQB:JUGRF,FSE:4JE) is a precious metals explorer focused on northwestern British Columbia’s Golden Triangle, a globally recognized district for world-class porphyry, VMS and high-grade gold systems. The company operates in a geopolitically stable jurisdiction with excellent infrastructure, adjacent to Newmont’s Galore Creek project and in proximity to major road and airstrip developments.
The company controls three 100 percent owned projects – Big One, Midas and Bingo – totaling nearly 60,000 hectares in the heart of British Columbia’s most prolific mineral belt.
The company’s current strategy focuses on aggressive exploration at its flagship Big One project, where the rapid abatement of glacial cover led to the discovery of over 200 mineralized veins in a matter of days. The scale of the system, coupled with strong geophysical and geochemical signatures, points to a significant buried porphyry system.
Backed by world-renowned geologist Dr. Quinton Hennigh, Juggernaut is founded by the team behind Goliath Resources, which returned 2,400 percent to early investors in just 20 months.
Company Highlights
- The Big One property has uncovered an 11-km gold-rich porphyry system, described as a “highway of gold,” adjacent to Newmont’s $100 billion Galore Creek project.
- Founded by the team behind Goliath Resources, which returned 2,400 percent to early investors in just 20 months. Juggernaut is supported by world-renowned geologist Dr. Quinton Hennigh.
- Crescat Capital is a cornerstone investor, holding a 19.99 percent stake and providing both financial and technical backing.
- The company controls three 100 percent owned projects – Big One, Midas and Bingo – totaling nearly 60,000 hectares in the heart of the Golden Triangle in British Columbia.
- With $11.5 million recently raised, the 2025 field season is fully funded. The upcoming campaign aims to scale and define the scope of the porphyry system discovered in just five days of boots-on-the-ground work.
- Over 70 percent of the company’s shares are held by management, insiders and accredited investors. The company is debt-free.
Key Projects
Big One
The Big One project is Juggernaut’s flagship asset and the focus of its 2025 exploration campaign. Located in the heart of British Columbia’s Golden Triangle, the property spans 36,989 hectares of world-class geological terrain, 95 percent of which remains unexplored.
The project benefits from rapid glacial and snowpack abatement, which has recently exposed a vast mineralized system previously hidden under ice. This includes the newly identified Eldorado porphyry system, a high-grade, multi-kilometer corridor with grades reaching up to 79.01 grams per ton (g/t) gold and 3,157 g/t silver. More than 200 quartz-sulphide veins, containing semi-massive to massive chalcopyrite, sphalerite and galena, have been identified within a 4 km x 1 km alteration footprint, with coincident geophysical anomalies suggesting the presence of a large, buried mineralizing system at depth.
Drill-ready targets include the Whopper Vein (16.04 g/t gold equivalent over 8 meters, >200 m strike length) and the Big Mac Vein (41.46 g/t gold equivalent over 4 m), both of which are planned for drill testing in 2025.
The Big One project qualifies for the Critical Mineral Exploration Tax Credit and is strategically located adjacent to key infrastructure, including the Scud airstrip and a new $45 million government-funded road within 12 km of the site.
Midas
The Midas property covers 20,803 hectares in a geologically favorable setting for volcanogenic massive sulphide (VHMS) deposits, particularly those resembling the high-grade Eskay Creek system. Drilling at the Kokomo zone has intercepted significant VHMS-style mineralization, including standout results such as 8.27 g/t gold equivalent over 11.03 meters (MD-24-47) and 6.85 g/t gold over 9 meters (MD-18-08). The mineralized zone remains open to the north, and the company plans to step out aggressively with additional drilling.
Midas is considered a strong near-term value generator with potential for scale through further discovery.
Bingo
The Bingo property, although smaller in footprint at 1,008 hectares, is located in a structurally favorable setting for shear-hosted gold systems. The project features a 700-meter x 400-meter mineralized zone characterized by consistent sulphide mineralization. Sampling has confirmed an average mineralized width of 7 meters with grades averaging 5.67 g/t gold equivalent. The presence of strong K-spar alteration in the northeast quadrant of the property suggests proximity to a porphyry feeder system, making Bingo a compelling target for both high-grade, shear-hosted and porphyry-style exploration.
Management Team
Dan Stuart – President, CEO & Director
Dan Stuart has over 30 years of experience in capital markets, having raised more than $500 million for natural resource companies. He is a founding member and financier of several private mineral syndicates, including the J2 Syndicate behind Goliath Resources. Stuart is known for his investor acumen and has established strong institutional relationships in North America, Europe, Asia and the Middle East. Under his leadership, Juggernaut secured cornerstone funding from Crescat Capital and Dr. Quinton Hennigh while simultaneously building a platform for rapid discovery-driven growth.
Jim McCrea – Director
Jim McCrea brings 25 years of exploration and resource estimation experience. Notably, he worked on orebody modeling and resource estimation at Cumberland Resources, which was acquired by Agnico Eagle for $710 million. His deep expertise in geology and modeling helps guide exploration targeting and resource development.
William Jung – Director & CFO
A former chartered accountant with over 35 years of experience in finance, William Jung has managed several publicly listed companies on the TSX. His oversight ensures financial discipline, compliance and strategic capital allocation.
Peter Bryant – Director
Peter Bryant is a seasoned international investment banker with 45 years of experience, including senior roles at Standard Chartered Group, Hill Samuel Group and Guinness Mahon Holdings in London. His presence brings strong governance and capital markets insights to the board.
Chris Verrico – Director
Chris Verrico has over two decades of experience managing mineral exploration and infrastructure projects in remote northern regions, including British Columbia, Yukon and Nunavut. His knowledge of field operations and community engagement is critical to project execution.
Bill Chornobay – Program Manager
Bill Chornobay has over 30 years of experience in mineral exploration and has been directly involved in discoveries resulting in more than $1 billion in value. He played a pivotal role in the Surebet discovery for Goliath Resources and now leads on-ground execution at Juggernaut.
Dr. Quinton Hennigh – Technical Advisor
A globally respected exploration geologist, Dr. Quinton Hennigh has over 30 years of experience with major mining companies, including Homestake, Newcrest and Newmont. He is currently the chairman of Novo Resources and serves as a technical advisor to Crescat Capital. His guidance has helped validate and shape the exploration strategy at Juggernaut.
Dr. Manuele Lazzarotto – Senior Consulting Geologist
Dr. Manuele Lazzarotto has eight years of experience advancing early-stage exploration projects into defined resources, particularly in VMS and gold systems. He played a critical technical role in the Surebet discovery and brings valuable geological and structural insight to Juggernaut’s targeting approach.
Advancing high-grade precious metals assets in northern BC’s Golden Triangle
Juggernaut Samples up to 256.60 g/t Or 8.25 oz/t Gold and Identifies 4 New Gold-Rich Zones that Remain Wide Open and are Drill Ready within the Highway of Gold Corridor on the Big One Property, Golden Triangle, B.C.
Vancouver, British Columbia TheNewswire - September 8, 2025 Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE: 4JE) ( the "Company" or "Juggernaut") is excited to announce that it has identified 4 distinct extensive drill-ready gold-rich zones that remain wide open located along the prolific 15 km Highway of Gold Corridor within the Eldorado System, including: the Gold Dome Zone where grab samples assayed up to 256.60 gt Au or 8.25 ozt Au; the Gold Swarm Zone where grab samples assayed up to 226.94 gt Au or 7.30 ozt Au; the Big Mac Zone where grab samples assayed up to 111.35 gt Au or 3.58 ozt Au; and the Whopper Zone where grab samples assayed up to 39.84 gt Au or 1.28 ozt Au on the Big One property (the "Property"), Golden Triangle, British Columbia . The Company expanded the high-grade gold mineralized Eldorado System that hosts the Highway of Gold with >500 widespread mineralized veins covering an area of ~9 km 2 . The Big One discovery is located in an area of recent glacial and snowpack abatement adjacent to the world-class gold-rich porphyry systems at Galore Creek. The 100% controlled Big One property covers 36,989 hectares in world-class geologic terrane with tremendous additional discovery potential.
Link to overview map with target names and all samples > 1 g/t Au
Link to overview figures Gold Dome+Big Mac, Whopper, Goldswarm
Dan Stuart, President and CEO of Juggernaut Exploration states: "The initial results from this year's exploration season on the Big One property with grab assays up to 256.60 g/t Au or 8.25 oz/t Au from the newly discovered Gold Dome Zone clearly demonstrate the high-grade nature of this emerging district-scale gold system. With over 500 widespread veins and shears discovered in a very short period of time over 15 km with a vertical relief exceeding 1 km that remains open, shows that the Eldorado System is district scale with tremendous untapped growth potential. The Eldorado gold system and Highway of Gold Corridor are showing the right ingredients to quickly become the next big discovery in the Golden Triangle. We look forward to unlocking the full potential of this discovery with the drill bit with much anticipation. The entire team believes we are only seeing the tip of the iceberg and the best is yet to come."
Manuele Lazzarotto, PhD, Chief Geologist of Juggernaut Exploration states: "I am happy to report on behalf of the entire team that the successful 2025 systematic exploration program was just wrapped up on August 29th and all goals have been accomplished on time and on budget. The excellent results with many grab samples with multi-ounce gold assays from 4 extremely gold-rich extensive drill-ready zones within the 15 km Highway of Gold Corridor, namely the Gold Swarm Zone, Big Mac Zone, Gold Dome Zone and Whopper Zone, which some say appears to be a lot like the high-grade seen at Brucejack, or epithermal/porphyry related or related to a magmatic intrusive. It's early days but these are all possible geological model outcomes. All of this is a clear testament that we appear to have discovered a new gold-rich, polymetallic-rich district-scale system at Big One. Over 500 mineralized veins many with remarkable gold content have been confirmed on surface and we look forward to testing the subsurface with the planned inaugural drill program. The team is eager to start planning the upcoming fully funded drill campaign designed to test these 4 extensive zones once all the data collected this season has been received, compiled and interpreted."
The Eldorado system consists of a vast area of ~9 km 2 of recently exposed bedrock that hosts the 15 km Highway of Gold Corridor containing >500 widespread polymetallic quartz-sulphide veins and shears as well as extensive propylitic alteration within a vertical relief of 1 km. The polymetallic veins contain semi-massive to massive chalcopyrite, sphalerite and galena with grades up to 256.60 g/t Au or 8.25 oz/t Au that remain wide open, visually and geochemically reminiscent of the high-grade veins observed at Brucejack. Grab samples collected during the 2024 season assayed up to 2084 g/t Ag and 7.9% Cu. 2025 assay results reported in this news release only comprise gold values. Results for silver, copper, lead and zinc will be reported once analyses are completed and the data has been reviewed and compiled. Four gold-rich polymetallic mineralized zones have been identified and are planned to be tested during the inaugural drill program.
Initial highlights from the 2025 exploration season:
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The Big Mac Zone measures ~1 km by ~1 km and consists of multiple large veins with shear zones that are up to 10 meters wide and exposed on surface for 400 meters with vertical reliefs of up to 360 m where they are covered by snow and ice and remain wide open. A channel cut from the Big Mac Zone that assayed 6.63 g/t Au over 3.58 meters, including 17.45 g/t Au over 1.35 m and 47.18 g/t Au or 1.52 oz/t Au over 0.47 m, true width, was collected 5 meters to the east of a grab sample that assayed up to 111.35 g/t Au. A second channel cut assayed 3.60 g/t Au over 1.45 meters, including 10.17 g/t Au over 0.50 meters located 270 m on strike to the west of the 111.35 g/t Au sample. A grab sample, located 450 m to the west, assayed 55.5 g/t Au or 1.78 oz/t Au from a difficult-to-access secondary vein located in the nearby cliffs. 14 out of 26 samples (54%) from the Big Mac Zone assayed 1 g/t Au. The Big Mac Zone is drill-ready.
Link to video , Link to image gallery
Table 1: Big Mac Zone samples >1 g/t Au
| Zone | Year | Sample ID | Type | Au (g/t) |
| Big Mac | 2025 | M220659 | Grab | 111.35 |
| Big Mac | 2025 | M220561 | Grab | 55.50 |
| Big Mac | 2025 | M217807 | Channel | 47.18 |
| Big Mac | 2024 | D751216 | Grab | 37.98 |
| Big Mac | 2025 | D750624 | Grab | 21.62 |
| Big Mac | 2025 | D750625 | Grab | 18.32 |
| Big Mac | 2025 | M217784 | Channel | 10.83 |
| Big Mac | 2024 | D750608 | Grab | 10.62 |
| Big Mac | 2025 | M217785 | Channel | 10.17 |
| Big Mac | 2024 | D751284 | Float | 6.34 |
| Big Mac | 2025 | D751435 | Grab | 5.19 |
| Big Mac | 2025 | M217788 | Channel | 5.15 |
| Big Mac | 2025 | M217805 | Channel | 4.18 |
| Big Mac | 2024 | D751285 | Grab | 3.74 |
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The Whopper Zone is a ~2 km by ~2 km area that consists of multiple veins up to 5 meters wide and extensive shear zones up to 50 meters wide that are exposed on surface for 500 meters with vertical reliefs of up to 780 meters. Channel cuts from the Whopper Zone assayed up to 39.84 g/t Au or 1.28 oz/t Au over 0.50 m within a larger interval that assayed 6.71 g/t Au over 3.06 meters. Multiple grab collected upslope of the channel cut along a 5 meter wide vein hosted in an 8 meter wide shear zone along 50 meters of exposed vein assayed up to 13.12 g/t Au. The shear zones are difficult to sample due to the exposed cliffs and comprise numerous lenses of semi-massive to massive galena, chalcopyrite, sphalerite and pyrite contained in quartz veins and stockwork and remain open on either side, where they are covered by snow and ice. 32 samples out of 158 (20%) assayed 1 g/t Au. Multiple targets in the Whopper zone are drill-ready
Link to video , Link to image gallery
Table 1: Whopper Zone samples >1 g/t Au
| Zone | Year | Sample ID | Type | Au (g/t) |
| Whopper | 2024 | D751282 | Grab | 79.01 |
| Whopper | 2025 | M217601 | Channel | 39.84 |
| Whopper | 2024 | D751163 | Float | 23.97 |
| Whopper | 2025 | M217567 | Channel | 17.00 |
| Whopper | 2024 | D750394 | Grab | 13.12 |
| Whopper | 2024 | D751191 | Channel | 12.12 |
| Whopper | 2024 | D751975 | Grab | 10.62 |
| Whopper | 2025 | D751365 | Grab | 9.35 |
| Whopper | 2024 | D750389 | Grab | 8.10 |
| Whopper | 2025 | M217571 | Channel | 6.06 |
| Whopper | 2024 | D750395 | Grab | 6.01 |
| Whopper | 2024 | D750198 | Float | 6.01 |
| Whopper | 2024 | D751154 | Grab | 5.72 |
| Whopper | 2024 | D751969 | Float | 5.59 |
| Whopper | 2024 | D751939 | Channel | 5.06 |
| Whopper | 2024 | D751112 | Float | 4.94 |
| Whopper | 2025 | M217566 | Channel | 4.40 |
| Whopper | 2025 | M217573 | Channel | 4.27 |
| Whopper | 2024 | D751943 | Grab | 4.00 |
| Whopper | 2024 | D751192 | Channel | 3.39 |
| Whopper | 2024 | D751215 | Grab | 2.96 |
| Whopper | 2024 | D751699 | Grab | 2.15 |
| Whopper | 2024 | D751165 | Grab | 1.95 |
| Whopper | 2025 | D751426 | Grab | 1.91 |
| Whopper | 2024 | D751213 | Float | 1.65 |
| Whopper | 2024 | D751109 | Grab | 1.65 |
| Whopper | 2025 | M220559 | Grab | 1.55 |
| Whopper | 2024 | D751968 | Grab | 1.49 |
| Whopper | 2024 | D751972 | Channel | 1.42 |
| Whopper | 2024 | D751993 | Grab | 1.20 |
| Whopper | 2025 | D750751 | Grab | 1.16 |
| Whopper | 2024 | D750393 | Grab | 1.01 |
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The Gold Swarm Zone contains clusters of shear zones and veins up to 4.5 meters wide with grab samples that assayed up to 226.94 g/t Au or 7.30 oz/t Au and a channel cut that assayed 4.02 g/t Au over 4.36 m containing substantial amounts of semi-massive to massive chalcopyrite, galena and sphalerite. The zone has been recently exposed by glacial retreat and covers an area of ~1 km by ~1 km and extends over a vertical relief of 440 m and remains open in all directions. 27 samples out of 44 (61%) assayed 1 g/t Au. The Gold Swarm Zone is drill-ready.
Table 1: Gold Swarm Zone samples >1 g/t Au
| Zone | Year | Sample ID | Type | Au (g/t) |
| Gold Swarm | 2025 | M217656 | Float | 226.94 |
| Gold Swarm | 2025 | D750642 | Grab | 43.99 |
| Gold Swarm | 2025 | D751373 | Grab | 21.44 |
| Gold Swarm | 2025 | M224982 | Chip | 21.17 |
| Gold Swarm | 2025 | M217705 | Channel | 20.78 |
| Gold Swarm | 2025 | M217655 | Grab | 19.64 |
| Gold Swarm | 2025 | D750644 | Grab | 18.47 |
| Gold Swarm | 2025 | D750639 | Grab | 18.12 |
| Gold Swarm | 2025 | M217657 | Grab | 18.11 |
| Gold Swarm | 2025 | D750641 | Grab | 15.52 |
| Gold Swarm | 2025 | M217852 | Channel | 15.39 |
| Gold Swarm | 2025 | M217649 | Channel | 14.96 |
| Gold Swarm | 2025 | D750638 | Grab | 14.46 |
| Gold Swarm | 2025 | M224983 | Grab | 14.06 |
| Gold Swarm | 2025 | M224883 | Grab | 11.07 |
| Gold Swarm | 2025 | D751372 | Grab | 7.44 |
| Gold Swarm | 2025 | D750643 | Grab | 7.36 |
| Gold Swarm | 2025 | M217589 | Channel | 5.81 |
| Gold Swarm | 2025 | M224981 | Grab | 5.31 |
| Gold Swarm | 2025 | M217648 | Channel | 4.69 |
| Gold Swarm | 2025 | M217702 | Channel | 4.30 |
| Gold Swarm | 2025 | D751417 | Grab | 3.38 |
| Gold Swarm | 2025 | D750704 | Grab | 2.59 |
| Gold Swarm | 2025 | M217853 | Channel | 1.75 |
| Gold Swarm | 2025 | M217592 | Channel | 1.69 |
| Gold Swarm | 2025 | D751371 | Grab | 1.56 |
| Gold Swarm | 2025 | M217591 | Channel | 1.17 |
| Gold Swarm | 2025 | M217704 | Channel | 1.07 |
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The Gold Dome Zone is a ~3 km by ~1.5 km zone that consists of clusters of multiple extensive gold-rich shear zones, veins, and stockwork that are up to 4 meters wide and exposed on surface for 1 km with a vertical relief of ~600 m and remain open. Grab samples assayed up to 256.60 g/t Au or 8.25 oz/t Au and a channel cut assayed 5.45 g/t Au over 2.77 meters from a vein exposed on surface in the adjacent difficult to reach cliff face for ~200 meters. The mineralized veins contain seams of semi-massive galena, sphalerite, chalcopyrite and pyrite. 46 samples out of 191 (24%) assayed 1 g/t Au. Multiple targets in the Gold Dome Zone are drill ready.
Link to video , Link to image gallery
Table 1: Gold Dome Zone samples >1 g/t Au
| Zone | Year | Sample ID | Type | Au (g/t) |
| Gold Dome | 2025 | M224886 | Float | 256.60 |
| Gold Dome | 2025 | D751423 | Grab | 138.70 |
| Gold Dome | 2025 | M224956 | Grab | 95.04 |
| Gold Dome | 2025 | D751407 | Grab | 68.57 |
| Gold Dome | 2025 | D751424 | Grab | 60.08 |
| Gold Dome | 2024 | D751966 | Grab | 56.54 |
| Gold Dome | 2025 | M217579 | Channel | 34.96 |
| Gold Dome | 2024 | D751156 | Grab | 33.72 |
| Gold Dome | 2025 | M217613 | Channel | 31.68 |
| Gold Dome | 2025 | M224961 | Grab | 31.25 |
| Gold Dome | 2025 | D751402 | Grab | 29.23 |
| Gold Dome | 2025 | D751375 | Grab | 28.47 |
| Gold Dome | 2024 | D751964 | Talus | 23.47 |
| Gold Dome | 2024 | D751209 | Grab | 19.82 |
| Gold Dome | 2025 | D751357 | Grab | 18.06 |
| Gold Dome | 2025 | D751374 | Talus | 16.60 |
| Gold Dome | 2025 | M224959 | Grab | 15.94 |
| Gold Dome | 2025 | M220602 | Grab | 11.92 |
| Gold Dome | 2025 | M224957 | Grab | 9.65 |
| Gold Dome | 2025 | M224905 | Talus | 9.48 |
| Gold Dome | 2025 | M220601 | Grab | 6.77 |
| Gold Dome | 2025 | D751403 | Float | 6.13 |
| Gold Dome | 2024 | D751158 | Grab | 4.60 |
| Gold Dome | 2025 | D750632 | Float | 4.44 |
| Gold Dome | 2025 | M217608 | Channel | 4.35 |
| Gold Dome | 2025 | M217643 | Channel | 4.35 |
| Gold Dome | 2025 | D751406 | Grab | 4.07 |
| Gold Dome | 2025 | D750621 | Grab | 3.76 |
| Gold Dome | 2025 | M217637 | Channel | 3.63 |
| Gold Dome | 2024 | D750192 | Grab | 3.44 |
| Gold Dome | 2025 | M217727 | Channel | 2.73 |
| Gold Dome | 2025 | M224963 | Grab | 2.63 |
| Gold Dome | 2025 | D751404 | Grab | 2.61 |
| Gold Dome | 2025 | M224851 | Chip | 2.61 |
| Gold Dome | 2025 | M224855 | Grab | 2.23 |
| Gold Dome | 2025 | M224902 | Subcrop | 2.02 |
| Gold Dome | 2025 | M217618 | Channel | 1.94 |
| Gold Dome | 2024 | D751195 | Channel | 1.61 |
| Gold Dome | 2025 | M217724 | Channel | 1.50 |
| Gold Dome | 2025 | M224901 | Grab | 1.46 |
| Gold Dome | 2025 | M217636 | Channel | 1.33 |
| Gold Dome | 2024 | D751251 | Grab | 1.27 |
| Gold Dome | 2025 | D750629 | Grab | 1.23 |
| Gold Dome | 2025 | M224852 | Grab | 1.08 |
| Gold Dome | 2025 | D750852 | Subcrop | 1.07 |
| Gold Dome | 2025 | M224904 | Grab | 1.04 |
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A total of 421 rock samples were collected during the 2025 exploration season along the 15 km Highway of Gold: 272 grab/float samples and 149 channel samples. Preliminary assay results for samples reported in this news release only comprise gold. Assay results only comprise gold values. Results for silver, copper, lead and zinc will be reported once analyses are completed and the data has been reviewed and compiled. Based on assay results reported from the 2024 season on samples that are visually similar to the samples reported today, the previously reported 2024 samples assayed up to 2084 g/t Ag and 7.9% Cu, shows there is strong potential for considerable added value once full assays are received.
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Detailed geological and structural mapping has been completed on the reported drill targets in order to better understand the full geometry of these high-grade gold-bearing shears and veins and will be instrumental in designing the drill plan for the upcoming maiden drill program.
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A high-resolution UAV photogrammetry survey was completed over an area of 52 km on the Eldorado System encompassing the entire 15 km Highway of Gold with all four of the confirmed drill targets. The data will be used to support modelling and better understand the high-grade gold mineralization recently discovered.
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A property wide LiDAR survey covering an area of 385 km has been conducted and will be used to augment information obtained from the mapping as well as plan the upcoming inaugural drill campaign.
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The polymetallic veins, alteration signature, geochemical path finder element signature, and geophysical anomalies strongly indicate the presence of a common buried gold-silver-copper rich porphyry feeder source or similar magmatic source at depth responsible for the extensive high-grade veining confirmed on surface.
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Four extensive drill-ready Zones have been confirmed on the 15 km Highway of Gold Corridor and are planned to be tested in the inaugural drill program and include: the Gold Dome Zone where grab samples assayed up to 256.60 g/t Au or 8.25 oz/t Au; the Gold Swarm Zone where grab samples assayed up to 226.94 g/t Au or 7.30 oz/t Au; the Big Mac Zone where grab samples assayed up to 111.35 g/t Au or 3.58 oz/t Au; and the Whopper Zone where grab samples assayed up to 39.84 g/t Au or 1.28 oz/t Au.
The Big One property is situated in a region that is well known for hosting world class precious metal and porphyry deposits, several of which occur near the property including the multiple porphyry systems at Galore Creek (12,159 million pounds of copper, 9.438 million ounces of gold, 174.086 million ounces of silver), the world's largest known gold reserve at KSM (47.3 million ounces of gold, 160 million ounces of silver, 7.32 billion pounds of copper) and the polymetallic copper project at Shaft Creek (5 billion pounds of copper, 3.7 million ounces of gold, 16.4 million ounces of silver), as well as the Brucejack high-grade epithermal gold deposit (14 million ounces of gold, 91.8 million ounces of silver), and the structurally controlled high-grade hydrothermal gold-silver zones at Trophy and Sphal Creek. The property geology is favorable to host these types of deposits as confirmed by the presence of extensive areas of propylitic alteration, untested geophysical anomalies, strong silt, soil and rock geochemistry including path finder elements directly related to porphyry systems, key structures and textures, porphyry-style mineralization, and high-grade polymetallic veins, that have been discovered within the Big One claims.
The Big One property can be accessed year-round via helicopter from the Glenora/Telegraph Creek Road at the Barrington Mine (33 km to the north-northeast) as well as the Galore Creek Road (15 km to the southeast). The Canadian government committed $20 M to extend/improve the Galore Creek Road to within 15 km of the Big One property. The property is 2 km west of the Scud River airstrip used in the early days of Galore Creek.
A Notice of Work application (drill permit application) has been submitted to the British Columbia Ministry of Mining and Critical Minerals in preparation for the inaugural drill program. The Big One property exploration qualifies for the Critical Mineral Exploration Tax Credit (CMETC).
The Company would like to extend a special thanks to the Tahltan First Nation, the local community and service providers for supporting our efforts and contributing to the success of this year's program. We look forward to continuing to work with the Tahltan First Nation and all local stakeholders, and businesses, while we move forward to unlocking the full potential of this amazing new discovery. WORKING TOGETHER WE SUCCEED!
About Juggernaut Exploration Ltd.
Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut's key strategic cornerstone shareholder is Crescat Capital.
For more information, please contact:
Dan Stuart
President, Director and Chief Executive Officer
Tel: (604)-559-8028
Qualified Person
Rein Turna, P. Geo is the qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.
Other
The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.
Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples are then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, certified reference materials, and duplicate samples are inserted regularly into the sample sequence at a rate of 10%.
All samples are transported in rice bags sealed with numbered security tags. The rice bags are transported from the core shacks to the MSALABS facilities in Terrace, BC. MSALABS is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. The core samples undergo preparation via drying, crushing to ~70% of the material passing a 2 mm sieve and riffle splitting. The sample splits are weighed and transferred into three plastic jars, each containing between 300 g and 500 g of crushed sample material. A 250 g split is pulverized to ensure at least 85% of the material passes through a 75 µm sieve. The crushed samples are transported to the MSALABS PhotonAssayTM facility in Prince George, where gold concentrations are quantified via photon assay analysis (method CPA-Au1). Samples that result in gold concentrations ≥5 ppm are analyzed to extinction. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, inducing the emission of secondary gamma rays, which are measured to quantify gold concentrations. The assays from all jars are combined on a weight-averaged basis. Multielement analyses are carried at the MSALABS facilities in Surrey, BC, where 250 g of pulverized splits are analyzed via ICF6xx and IMS-230 methods. The IMS-230 method uses 4-acid digestion (a combination of hydrochloric, nitric, perchloric and hydrofluoric acids) followed by inductively coupled plasma emission spectrometry to quantify concentrations of 48 elements. Samples with over-limit results for Ag, Cu, Pb and Zn undergo ore-grade analysis via the ICF-6xx method (where ‘xx' denotes the target metal). This method employs 4-acid digestion followed by inductively coupled plasma emission spectrometry.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FORWARD LOOKING STATEMENT
Certain disclosure in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut's operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements.
NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Juggernaut Mobilizes 2025 Exploration On Newly Discovered Big One 11 Km High-Grade Gold System That Remains Wide Open - Golden Triangle, B.C
(TheNewswire)
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Vancouver, British Columbia July 23, 2025 TheNewswire - Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE: 4JE) ( the "Company" or "Juggernaut") is pleased to announce that it has mobilized for the 2025 surface exploration program aimed at identifying additional high-grade drill targets on the Big One property (the " Property "), Golden Triangle, British Columbia. This new discovery yielded assays up to 79.01 gt Au (2.54 ozt Au) and 3157.89 gt Ag (101.5 ozt Ag) from >200 gold-silver-copper rich polymetallic veins up to 8 m wide and striking for up to 500 m that remain open. These veins were identified along the newly discovered 11 km Highway of Gold surrounding the Eldorado gold system on the Big One property. The discovery is located in an area of glacial and snowpack abatement adjacent to the extensive gold-rich porphyry systems at Galore Creek. The 100 % controlled property covers 36,989 hectares in a Tier 1 geologic terrane with tremendous additional discovery potential.
The focus of the 2025 exploration program is to sample and trace in detail the full geometry of the multiple drill-ready high-grade gold veins as well as identify additional drill targets for the planned maiden drill program. The 2025 exploration program will consist of:
- Detailed mapping and systematic sampling and channel cutting of the 5 drill-ready targets that remain open, namely:
- the Whopper vein (8 m wide with grades up to 13.12 g/t Au and 169.88 g/t Ag)
- the Big Mac vein (4 m wide with grades up to 37.98 g/t Au and 70.37 g/t Ag)
- the Giant vein (1.5 m wide with grades up to 5.06 g/t Au and 91.41 g/t Ag)\
- the Deluxe vein (45 cm wide with grades up to 12.12 g/t Au and 2084.61 g/t Ag)
- the Double Decker vein (50 cm wide with grades up to 19.82 g/t Au and 216.65 g/t Ag)
- Compiling a regional map of the Big One property with particular focus on the porphyry system that remains open confirmed at Eldorado.
- An extensive property-wide surface prospecting program aimed at identifying additional drill targets in preparation for the 2026 inaugural drill program.
- A property-wide LiDAR survey
Dan Stuart, President and CEO of Juggernaut Exploration states " The Big One is arguably one of the most significant new grassroots gold-silver discoveries in the Golden Triangle in recent years. This year's program is designed with a clear objective: to systematically advance and expand upon our five inaugural, drill-ready targets and to generate additional new targets for our fully funded 2026 maiden drill program. The sheer scale of the system, with over 200 mineralized veins exposed at surface by glacial abatement, all point towards a powerful, district-scale mineralizing engine at depth. A Notice of Work application (drill permit application) has been submitted to the British Columbia Ministry of Mining and Critical Minerals in preparation for the 2026 inaugural drill program. We have only just started to scratch the surface on the property and likely only seen the tip of the iceberg."
ELDORADO PORPHRYRY SYSTEM - 11 KM HIGHWAY OF GOLD - HIGHLIGHTS
- Whopper vein: grab samples from 5 m wide quartz-sulphide vein hosted in an 8 m wide mineralized shear zone returned 13.12 g/t Au and 169.88 g/t Ag, as well as 10.62 g/t Au and 206.32 g/t Ag, and 6.01 g/t Au and 121.97 g/t Ag. The Whopper vein is exposed on surface for 100 m and remains open along strike where it goes under snowpack and ice. The quartz vein consists of lenses and seams of massive pyrite and galena contained in the quartz vein and stockwork. The high-grade Whopper vein's geochemical and geophysical signatures are indicative of a porphyry source at depth. This target is drill ready. BigOne_Whopper Image 1 BigOne_Whopper Image 2 , BigOne_Whopper Image 3, BigOne_Whopper Image 4 ,
- Big Mac Vein: Grab sample from a quartz-sulphide vein hosted in a 4 m wide shear zone that contains stringers of semi-massive galena as well as clots of chalcopyrite and pyrite assayed 37.98 g/t Au and 70.37 g/t Ag, as well as 10.61 g/t Au, 3.55 g/t Ag. The Big Mac vein is exposed for 50 m where it goes under overburden/ice and remains open. The Big Mac vein's geochemical signature is conducive for a porphyry source that is also indicated by geophysical anomalies at depth. This target is drill ready. BigOne BigMac Image BigOne BigMac Video
- Giant Vein: Channel sample across 1.5 m quartz vein with lenses and stringers of semi-massive to massive chalcopyrite and pyrite returned 5.06 g/t Au and 91.41 g/t Ag. The vein extends vertically for 30 m and remains open within a large gossanous area 100 m wide. The Giant vein's geochemical signature is conducive for a porphyry source that is also indicated by geophysical anomalies at depth. This target is drill ready. BigOne Giant Image
- Deluxe Vein: Channel sample across a 45 cm vein containing semi-massive galena and pyrite assayed 12.12 g/t Au and 2084.61 g/t Ag, as well as 3.39 g/t Au and 380.15 g/t Ag. The vein is up to 2 m wide and has been traced along strike for 150 m and remains open. The Deluxe vein has a geophysical anomaly at depth that is conducive for a porphyry source. This target is drill ready. BigOne_Deluxe Image BigOne Deluxe Video
- Double Decker: Grab sample from a set of intersecting quartz-sulphide veins up to 50 cm wide and exposed for 60 m returned 19.82 g/t Au and 216.65 g/t Ag. The veins contain seams of semi-massive galena and pyrite and remain open. The Double Decker vein has a geophysical anomaly at depth that is conducive for a porphyry source. This target is drill ready. BigOne DoubleDecker
- Eldorado consists of a high-grade polymetallic gold-silver zone named Highway of Gold that stretches 11 km and remains open on newly exposed bedrock along the fringes of the Geology Ridge icefield and Decker Creek glacier
- Eldorado demarks an area of 7.5 Km of recently exposed bedrock containing substantial propylitic alteration, hydrothermal veining, and epithermal veining with 200 quartz-sulphide veins up to 8 m wide containing semi-massive to massive chalcopyrite, sphalerite and galena with grades up to 79.01 g/t Au (2.54 oz/t Au) and 3157 g/t Ag (101.5 oz/t Ag), that remains open
- The polymetallic veins, alteration signature, geochemical path finder element signature, and geophysical anomalies strongly indicate the presence of a common buried gold-silver-copper rich porphyry feeder source at depth responsible for the extensive high-grade veining confirmed on surface
- The newly exposed Eldorado system contains 200 veins over an area of 1.2 km by 800 m that remains open. Within this zone, veins up to 8 m wide and striking up to 500 m were observed (Whopper vein), containing semi-massive to massive chalcopyrite, sphalerite and galena, indicated to be the source of historic high-grade gold-silver angular float samples reported in the 1960s in the valley below. Both the zone and the system remain open and are drill ready.
- At least two extensive areas with strong porphyry potential have been identified where the distribution of geochemical path finder elements overlaps with strong geophysical anomalies as well as multiple gold-rich polymetallic veins in outcrop clearly corresponds to the typical signature observed within or in close proximity to a porphyry system. BigOne Geochemistry Maps
The Big One property is situated in a region that is well known for hosting world class precious metal and porphyry deposits, several of which occur near the property including the multiple Tier 1 porphyry systems at Galore Creek (12,159 million pounds of copper, 9.438 million ounces of gold, 174.086 million ounces of silver), the world's largest known gold reserve at KSM (47.3 million ounces of gold, 160 million ounces of silver, 7.32 billion pounds of copper) and the polymetallic copper project at Shaft Creek (5 billion pounds of copper, 3.7 million ounces of gold, 16.4 million ounces of silver), as well as the Brucejack high-grade epithermal gold deposit (14 million ounces of gold, 91.8 million ounces of silver), and the structurally controlled high-grade hydrothermal gold-silver zones at Trophy and Sphal Creek. The property geology is favorable to host these types of deposits as confirmed by the presence of extensive areas of propylitic alteration, untested geophysical anomalies, strong silt, soil and rock geochemistry including path finder elements directly related to porphyry systems, key structures and textures, porphyry-style mineralization, and high-grade polymetallic veins, that have been discovered within the Big One claims. BigOne Property Map
The Big One property can be accessed year-round via helicopter from the Glenora/Telegraph Creek Road at the Barrington Mine (33 km to the north-northeast) as well as the Galore Creek Road (15 km to the southeast). The Canadian government committed $20 M to extend/improve the Galore Creek Road to within 15 km of the Big One property. The property is 2 km west of the Scud River airstrip used in the early days of Galore Creek.
A Notice of Work application (drill permit application) has been submitted to the British Columbia Ministry of Mining and Critical Minerals in preparation for the 2026 inaugural drill program. The Big One property exploration qualifies for the Critical Mineral Exploration Tax Credit (CMETC).
About Juggernaut Exploration Ltd.
Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut's key strategic cornerstone shareholder is Crescat Capital.
Qualified Person
Rein Turna, P. Geo is the qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.
Other
Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples were then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, standards, and duplicate samples were inserted regularly into the sample sequence at a rate of 10%.
All samples are transported in rice bags sealed with numbered security tags. A transport company takes them from the core shack to the Paragon Geochemical labs facilities in Surrey, BC or ALS labs facilities in North Vancouver, BC. Paragon Geochemical is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. ALS is either certified to ISO 9001:2008 or accredited to ISO 17025:2005 in all of its locations. Samples submitted to Paragon received gold and silver analysis by photon assay whereby the entire sample is crushed to approximately 70% passing 2 mm mesh. The entire crushed sample is riffle split and weighed into multiple (300-500g) jars that are submitted for photon assay. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, causing them to emit secondary gamma rays, which are measured to identify and quantify the metals present. The assays from all jars are combined on a weight-averaged basis. At ALS samples were processed, dried, crushed, and pulverized before analysis using the ME-MS61 and Au-SCR21 methods. For the ME-MS61 method, a prepared sample is digested with perchloric, nitric, hydrofluoric, and hydrochloric acids. The residue is topped up with dilute hydrochloric acid and analyzed by inductively coupled plasma atomic emission spectrometry. Overlimits were re-analyzed using the ME-OG62 and Ag-GRA21 methods (gravimetric finish). For Au-SCR21 a large volume of sample is needed (typically 1-3kg). The sample is crushed and screened (usually to -106 micron) to separate coarse gold particles from fine material. After screening, two aliquots of the fine fraction are analysed using the traditional fire assay method. The fine fraction is expected to be reasonably homogenous and well represented by the duplicate analyses. The entire coarse fraction is assayed to determine the contribution of the coarse gold.
For more information, please contact:
Dan Stuart
President, Director and Chief Executive Officer
Tel: (604)-559-8028
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FORWARD LOOKING STATEMENT
Certain disclosure in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut's operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements.
NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Juggernaut Closes $1,000,000 $0.64 Unit Private Placement Financing
(TheNewswire)
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Vancouver, British Columbia TheNewswire - July 17, 2025 Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), further to its July 3, 2025, news release the Company is pleased to announce that it has received approval from the TSX Venture Exchange to close its private placement financing (the "Financing") for aggregate gross proceeds of $1,000,000.
The Company has issued 1,562,500 $0.64 units ("Units"), each Unit consisting of one (1) common share of the Company and one (1) common share purchase warrant, each warrant being exercisable at $0.84 for 5 years, subject to the right of the Company to accelerate the exercise period to 30 days if, after the 4-month hold has expired, shares of the Company close at or above $1.84 for 10 consecutive trading days.
The proceeds will be used to explore Juggernaut's properties located in Northwestern B.C. and for general working capital.
All securities issued pursuant to this Financing are subject to a 4-month-plus-one-day hold from date of issuance.
About Juggernaut Exploration Ltd.
Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut's key strategic cornerstone shareholder is Crescat Capital.
For more information, please contact
Dan Stuart
President, Director, and Chief Executive Officer
604-559-8028
info@juggernautexploration.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FORWARD LOOKING STATEMENT
Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut's operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Juggernaut Closes $1,100,000 from Institutions and Accredited Investors
(TheNewswire)
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Vancouver, British Columbia July 8, 2025 TheNewswire - Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), further to its June 4, June 12, and June 16, 2025, news releases, the Company is pleased to announce that it has closed its private placement financing (the "Financing") for aggregate gross proceeds of $1,100,000.
The Company issued 1,718,731 $0.64 units ("Units"), each Unit consisting of one (1) common share of the Company and one (1) common share purchase warrant, each warrant being exercisable at $0.84 for 5 years, subject to the right of the Company to accelerate the exercise period to 30 days if, after the 4-month hold has expired, shares of the Company close at or above $1.84 for 10 consecutive trading days.
The proceeds will be used to explore Juggernaut's properties located in Northwestern B.C. and for general working capital.
Cash finders' fees of $65,999 were paid and 103,124 non-transferable broker warrants issued in accordance with TSXV Polices.
All securities issued pursuant to this Financing are subject to a 4-month-plus-one-day hold from date of issuance.
About Juggernaut Exploration Ltd.
Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut's key strategic cornerstone shareholder is Crescat Capital.
For more information, please contact
Dan Stuart
President, Director, and Chief Executive Officer
604-559-8028
info@juggernautexploration.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FORWARD LOOKING STATEMENT
Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut's operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements. Readers are cautioned not to place undue reliance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Juggernaut Announces Financing Of $1,000,000 From One Strategic Investor
(TheNewswire)
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Vancouver, British Columbia July 3 rd 2025 TheNewswire - Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), is pleased to announce a $1,000,000 hard dollar financing from one strategic investor, further confirming the support and excitement of the newly discovered 11 km Highway of Gold surrounding the Eldorado porphyry system on the Big One property. The discovery is in an area of glacial and snowpack abatement next door to the gold-rich porphyry systems at Newmont Mining's Galore Creek. The Big One Property is a discovery previously announced Jan 20 th (Click Link) with assays up to 79.01 gt gold (2.54 ozt gold) and 3157.89 gt silver (101.5 ozt silver) from over 200 gold-silver-copper rich polymetallic veins up to 8 m wide and striking for up to 500 m that all remain open at surface. The Big One Project covers 33,693 hectares in a globally ranked tier 1 jurisdiction with tremendous additional discovery potential in the heart of the Golden Triangle, British Columbia.
View Juggernaut videos by Clicking Here .
Subject to approval from the TSXV Exchange, the Company will issue 1,562,500 hard dollar units priced at $0.64 each for gross proceeds of $1,000,000. Each hard dollar unit will consist of one common share plus one warrant at $0.84 for a sixty-month period, with a forced accelerated conversion after 10 consecutive trading days at or above $1.84, callable at management's discretion. The fully subscribed placement is scheduled to close on July 14th, 2025. The proceeds will be used for general working capital.
Mr. Dan Stuart, Director, President, and CEO of Juggernaut, states:
This investment, coupled with the ongoing support and interest from other globally recognized Institutions and senior miners, is a strong endorsement that clearly demonstrates the significant near-term discovery potential of our 100% controlled properties. Since May of this year, the Company has raised ~ $12,500,000, and post-financing, Juggernaut will have an extremely tight capital structure of just 30,985,170 shares, no debt, and a strong cash position. As such, we are well-positioned to move forward with our plans of drilling The Big One Discovery. With much anticipation, we look forward to executing the inaugural exploration program and reporting results."
All shares issued pursuant to this offering and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date.
About Juggernaut Exploration Ltd.
Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are in world-class geological settings and geopolitical safe jurisdictions amenable to Tier 1 mining in Canada. Juggernaut is a member and active supporter of CASERM, an organization representing a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut's key strategic cornerstone shareholder is Crescat Capital.
For more information, please contact
Dan Stuart
President, Director, and Chief Executive Officer
604-559-8028
info@juggernautexploration.com
Qualified Person
Rein Turna P. Geo is the independent qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.
Grab samples are selected samples and may not represent true underlying mineralization.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FORWARD LOOKING STATEMENT
Certain disclosures in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Juggernaut's operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.
Copyright (c) 2025 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Nine Mile samples up to 18.27% Cu at Wedge
As previously reported, the Cominco drill data were acquired by Nine Mile and formatted to facilitate modelling. With the addition of Mike Dufresne, MSc, PGeol, PGeo, of Apex Geoscience Ltd. to the technical advisory committee, the company provided the technical database to Apex for 3-D modelling and drill hole targeting. Data provided included all historic drill holes and assays in addition to the recent successful drilling conducted by Nine Mile. To further assist in targeting, the UAV (unmanned aerial vehicle) magnetics and borehole electromagnetic (BHEM) data collected by EarthEx Geophysical Solutions Inc. was integrated into the modelling in addition to the initial, reprocessed MegaTEM conductivity interpretation that highlighted the Wedge and the Wedge VMS trend.
At the Wedge mine's western extension (Target 2), modelling has focused on the unmined portions of the deposit with drill holes targeting a copper-rich lens to the west and the unexplored depth extension below 150 metres, where recent drilling and historical cross-sections indicate mineralization occurring to a minimum depth of 300 metres. Apex is designing a sequence of drill holes to test the seven modelled TDEM (time-domain electromagnetic) conductivity plates adjacent to the Tribag VMS occurrence identified by EarthEx (Target 3).
In preparation for drilling, prospecting was conducted at surface in an area proximal to the proposed drill collars along the western flank of the Wedge mine stepping out to test the expansion westward of the mine footprint. A total of 19 samples were catalogued, photographed, and then analyzed with a portable X-ray fluorescence (XRF) instrument utilizing an Olympus Vanta 50 portable 50-kilovolt workstation and Reflex XRF software to provide instant real-time geochemical information. Each sample was analyzed in three separate locations and the results averaged by the Reflex XRF software. The XRF process included calibrating the machine and utilizing two standards in the sample stream (OREAS622 and CDN-BL-10) twice during analysis. The results are presented in Table 1. The samples have been forwarded to ALS Global in Moncton, N.B., for preparation, with final geochemical analysis conducted in Vancouver, B.C.
Highlights:
- Samples were massive VMS (copper-lead-zinc) mineralization collected at the coming Wedge drill area.
- The samples were weathered and predominantly copper rich with minor lead/zinc.
- Most samples consisted of 90 per cent plus sulphides and minor quartz and accessory minerals.
Samples 280370 and 280375 are examples of the massive high-grade cooper sulphide mineralization. The samples were collected in the area immediately to the northeast of proposed drill holes 25WG-01 and 25WD-02.
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Mr. Dufresne, Apex's president and an independent consultant and technical adviser, commented that these high-quality conductivity targets at the Wedge mine's western extension and TriBag target line up with the horizons that have yielded high-quality VMS drill intersections at the Main Wedge deposit and, based upon the modelling to date, could provide some new exciting discoveries for Nine Mile with the planned drilling.
Gary Lohman, PGeo, vice-president, exploration, stated: "With the provincial-wide fire ban lifted and Apex Geoscience's 3-D modelling complete, the team is looking forward to drilling at the Wedge mine's western extension. With the assistance of Apex, two main zones of mineralization have been identified, one copper rich and another primarily lead/zinc. Targeting has been refined by leveraging the extensive geological and geophysical data (including recent borehole EM and plate modelling), allowing us to prioritize copper mineralization in the upcoming program. This western extension area is the high-grade section of the deposit focused on the copper-rich lens. These massive sulphide samples clearly demonstrate the potential of this untapped area at depth. We are building on last year's new eastern extension successes with our eight VMS drill holes with results of 136.31 metres of 0.68 per cent copper equivalent, including 40 metres of 2.03 per cent copper equivalent (see news release [dated March 26, 2024]). A key aspect here is testing this deposit at depth and how far it extends westward resulting in additional new tonnage."
Qualified person
The technical content of this news release pertaining to the Wedge project was reviewed and approved by Mr. Lohman, a non-independent qualified person as defined by National Instrument 43-101.
About Nine Mile Metals Ltd.
Nine Mile Metals is a Canadian public mineral exploration company focused on VMS (copper, lead, zinc, silver and gold) exploration in the world-famous Bathurst mining camp in New Brunswick, Canada. The company's primary business objective is to explore its four VMS projects: the Nine Mile Brook VMS project, the California Lake VMS project, the Canoe Landing Lake (East West) project and the Wedge VMS project. The company is focused on exploration of minerals for technology, positioning for the boom in EV (electric vehicle) and green technologies requiring copper, silver, lead and zinc with a hedge with gold.
We seek Safe Harbor.
Empire Metals Limited Announces Appointment of Marketing Manager
- Appointment of Marketing Manager, Michael Tamlin, to lead product strategy and end-user engagement.
- Partnership with TiPMC Consulting extended, providing strategic titanium market insights.
- Bulk metallurgical testwork progressing well, producing concentrate for downstream processing and larger product samples for end-user evaluation.
Appointment of Marketing Managerto Accelerate Product Development
Empire has appointed Mr. Michael Tamlin as Marketing Manager, which is aligned with the Company's objective to optimise product development, assess commercial process flowsheet options and progress the Project toward a feasibility study.
Further strengthening the Company's in-house product development capabilities. Mr. Tamlin is a metallurgist with over 30 years' experience in the resources sector, including senior roles in marketing and commercialising mineral products. Most recently, he served as Head of Lithium at Neometals Ltd, where he was responsible for managing the pilot development and commercialisation of the ELi™ lithium hydroxide production process in joint venture with Mineral Resources Ltd. His expertise will be instrumental in building Pitfield's product strategy and engaging with potential end-users in high-value titanium markets.
Continuing Partnership with TiPMC Consulting:
Empire has extended its consultancy agreement with TiPMC, a highly respected, US-based titanium industry consultancy. TiPMC will provide oversight of the titanium pigment and metal markets and provide guidance to the Company's technical and marketing team as they continue to develop the processing flowsheet and optimise the products.
Commenting on the announcement, Shaun Bunn, Managing Director, said:
"I am delighted to welcome Michael to our team. His extensive marketing expertise will be invaluable as we move toward defining the economic potential and product strategy for Pitfield. This appointment marks an important next step towards building a strong, in-house team, an approach which has been key to our successful and rapid progress.
"We are also very pleased to continue to be working with TiPMC Consulting, whose reputation and experience in the titanium industry is unparalleled."
Product Development Update
Initial results from the large-scale metallurgical testwork programme, involving mineral separation techniques that required bulk feed samples of between approximately 0.5 to 1.5 tonnes each, was announced on 28 August 2025. The bulk testwork programme is progressing well, focusing on ore scrubbing, desliming and gravity spiral testwork, as well as flotation testwork on both the fines fraction, separated in the desliming step, and whole of ore samples. Large scale scrubbing and spiral gravity testwork has been completed on Thomas and Cosgrove weathered sandstone bulk samples and the screened fines have been sent for flotation testwork. As part of this programme, mineral concentrates will be produced for downstream processing, testing both hydrometallurgical and product finishing flowsheet concepts.
This bulk testwork programme will produce significant volumes of concentrates which will feed into the product development and optimisation testwork and result in larger product samples which can be delivered to potential end users for assessment. The role of Marketing Manager will be fundamental to identifying these potential end users and for the development of a high value customer base for a variety of titanium products from Pitfield.
The Marketing Manager will also be responsible for conducting market research, focusing on high value end uses and likely consumers, preparing a Marketing Strategy and Marketing Presentation for the Project and for identifying key customers and suitable product suites in advance of sending out marketing enquiries and product samples.
About TiPMC Consulting
TiPMC Consulting provides independent consulting analyses, perspectives and recommendations for financial as well as industry functions and segments. Their expertise includes thorough reviews of business data as well as the operational, technical, and marketing functionalities for mining, metals, pigments, and chemical industry segments.
Their industry clients recognize the value of their incisive focus on the TiO2 value chain as well as associated businesses, including thorough reviews of fluorochemicals, fluoropolymers, titanium metal and alloys, costings, and other industries associated with the titanium value chain.
The Pitfield Titanium Project
Located within the Mid-West region of Western Australia, near the northern wheatbelt town of Three Springs, the Pitfield titanium project lies 313km north of Perth and 156km southeast of Geraldton, the Mid West region's capital and major port. Western Australia is a Tier 1 mining jurisdiction and has mining-friendly policies, stable government, transparency, and advanced technology expertise. Pitfield has existing connections to port (both road & rail), HV power substations, and is nearby to natural gas pipelines (refer Figure 2).
Figure 2. Pitfield Project Location showing theMid-West Region Infrastructure and Services.
Competent Person Statement
The scientific and technical information in this report that relates to process metallurgy is based on information reviewed by Ms Narelle Marriott, an employee of Empire Metals Australia Pty Ltd, a wholly owned subsidiary of Empire. Ms Marriott is a member of the AusIMM and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012. Ms. Marriott consents to the inclusion in this announcement of the matters based on their information in the form and context in which it appears.
The technical information in this report that relates to the geology and exploration of the Pitfield Project has been compiled by Mr Andrew Faragher, an employee of Empire Metals Australia Pty Ltd, a wholly owned subsidiary of Empire. Mr. Faragher is a member of the AusIMM and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code 2012. Mr Faragher consents to the inclusion in this release of the matters based on his information in the form and context in which it appears.
**ENDS**
For further information please visit www.empiremetals.co.uk or contact:
About Empire Metals Limited
Empire Metals is an AIM-listed and OTCQX-traded exploration and resource development company (LON: EEE,OTCQX: EPMLF) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the in-situ mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, in-situ bedded TiO₂ mineralisation, each being over 7km in strike length.
An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the in-situ weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2.
The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.
The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.
*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. See RNS dated 12 June 2024 for full details.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
Empire Metals Limited Announces Director/PDMR Shareholding
**ENDS**
For further information please visit www.empiremetals.co.uk or contact:
About Empire Metals Limited
Empire Metals is an AIM-listedand OTCQX-traded exploration and resource development company (LON: EEE,OTCQX: EPMLF) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the in-situ mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, in-situ bedded TiO₂ mineralisation, each being over 7km in strike length.
An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the in-situ weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2.
The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.
The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.
*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. See RNS dated 12 June 2024 for full details.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
Empire Metals Limited Announces Company Update
Overview
- Maiden Mineral Resource Estimate on track for release in October 2025.
- The maiden MRE will provide a platform for mine scoping studies.
- Expanded metallurgical testwork and optimisation programmes are underway, leading to continuous pilot-scale operations.
Shaun Bunn, Managing Director, commented:
"Empire has achieved exceptional progress at Pitfield in a very short time and its operational trajectory continues to impress. The combination of outstanding drill results, breakthrough metallurgy, and further injection of capital in May has transformed the Company. These fundamentals remain unchanged and continue to strengthen. Pitfield is now firmly established as a project of global significance, with a unique combination of scale, grade and processing simplicity that sets it apart from other titanium projects worldwide.
"We look forward to sharing further milestones in the coming weeks as we add further tangible value to the Company through the delineation of a maiden MRE at Pitfield."
**ENDS**
For further information please visit www.empiremetals.co.uk or contact:
About Empire Metals Limited
Empire Metals is an AIM-listed and OTCQX-traded exploration and resource development company (LON: EEE, OTCQX: EPMLF) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the in-situ mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, in-situ bedded TiO₂ mineralisation, each being over 7km in strike length.
An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the in-situ weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2.
The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.
The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria
*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. See RNS dated 12 June 2024 for full details.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
High-Grade Copper-Gold Extensions at Nugent
High Grade Copper-Gold mineralisation extensions discovered during extensional and infill drilling at Nugent, with multiple outstanding intersections returned, including:
- 21m @ 0.85% Cu + 0.98g/t Au from 136m downhole in 25KVUG0653
- 15m @ 0.91% Cu + 0.29g/t Au from 161m downhole in 25KVUG0653
- 11.5m @ 0.99% Cu + 0.79g/t Au from 145.5m downhole in 25KVUG0543
- Including 4m @ 1.93% Cu +1.14g/t Au from 153m
- 8m @ 0.85% Cu + 0.36g/t Au from 177m downhole in 25KVUG0555
- 5m @ 1.43% Cu + 0.34g/t Au from 194m downhole in 25KVUG0555
- 3m @ 0.98% Cu + 0.99g/t Au from 171m downhole in 25KVUG0559
- 4m @ 0.76% Cu + 0.46g/t Au from 177m downhole in 25KVUG0559
Figure 1: Plan View of drilling showing the high Gold grades intersected at the Southern end of Nugent against the 2024 MRE sliced at the 1020 metre RL displaying Gold grades.
Commenting on the drilling results, Hillgrove CEO and Managing Director, Bob Fulker said:
“It is encouraging that each time we test a geological theory we continue to identify additional mineralisation and gain a better understanding of the controls on mineralisation. These results are very exciting, as they provide a greater understanding of the Gold distribution throughout Nugent. It was previously thought that the Southern extent of Nugent had lower Gold grade, based on previous drilling, but these results show this is not the case.
It is also pleasing that as we drill beyond our current understanding of the Nugent ore body, we continue to encounter an expanding alteration corridor with Copper and Gold mineralisation within it. The Nugent 1020 Southern Ore Drive will commence stoping in the December quarter this year.”
Figure 2: View towards the east showing the high Copper grades intersected at the Southern end of Nugent against the 2024 MRE displaying Copper Grades
The Nugent drilling completed to date has targeted resource definition, with the focus shifting in recent weeks to grade control as first Nugent production draws closer. The recent assays from the 1010 diamond drill site have a dual purpose of both grade control and resource definition, with the results sitting further south-west than previously identified from resource drilling at surface. The high-grade intersections include 21metres @ 0.85% Cu and 0.98g/t Au (uncut) from 136 metres downhole in 25KVUG0653 and 11.5 metres @ 0.99% Cu & 0.79g/t Au (uncut) from 145.5 metres downhole in 25KVUG0543. These results improve the understanding of high-grade geometry and interaction of the Copper and Gold bearing fluids in the alteration corridor.
Drilling is ongoing for both stope definition and resource expansion throughout the Kanmantoo system, with upcoming Nugent drilling planned to target the northern end of the 1020 level. This will provide input into future planning alongside operational requirements for stope and development designs. Drilling is currently underway from the 1010 diamond drill site targeting Emily Star, with initial results pending.
Figure 1 above details the location of significant intersections relating to the current 2024 Kanmantoo Mineral Resource Estimate1 gold values, with gold results displayed for the drilling results. The full list of significant intersections is included in Table 1 below. Figure 2 above details a section view of drilling results showing the Copper results against the 2024 Kanmantoo Mineral Resource Estimate1 Copper values.
Drilling from underground remains on track to achieve the target of 60,000 metres by the end of the calendar year. August delivered 8,114.6 metres of diamond drilling, which is a record for the company to date. Year-to-date, a total of 42,816.2 metres has been drilled. An updated Resource estimation will be released in the December quarter 2025 inclusive of drilling results up to mid-August.
Click here for the full ASX Release
This article includes content from Hillgrove Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
Empire Metals Limited Announces Director/PDMR Shareholding
Empire Metals Limited (LON:EEE)(OTCQX:EPMLF), the AIM-quoted resource exploration and development company, announces that it was notified today that Mr Greg Kuenzel, Finance Director, purchased 111,091 ordinary shares of no par value in the share capital of the Company ("Ordinary Shares") at a price of 45 pence each.
Following this purchase, Mr Kuenzel's total beneficial ownership in the Company is 3,969,669 Ordinary Shares representing 0.57% of the Company's issued share capital.
**ENDS**
For further information please visit www.empiremetals.co.uk or contact:
About Empire Metals Limited
Empire Metals is an AIM-listed and OTCQX-traded exploration and resource development company (LON: EEE, OTCQX: EPMLF) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the in-situ mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, in-situ bedded TiO₂ mineralisation, each being over 7km in strike length.
An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the in-situ weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2.
The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.
The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.
*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. See RNS dated 12 June 2024 for full details.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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