Jaeger Resources

Overview

Jaeger Resources (TSXV:JAEG) is a junior Canadian exploration company focused on acquiring and developing highly prospective, undervalued mineral properties in Canada. Even as a first stage exploration company, Jaeger Resources’ best practices and ongoing discoveries demonstrate its deep commitment to environmental sustainability and stakeholder interests. Jaeger’s flagship Taylor Brook project, located in the Bathurst Mining Camp in New Brunswick, Canada, is one of the world’s most recognized base metal mining camps. It hosts a massive zinc-lead-silver-copper sulfide deposit and could provide ample production for Jaeger. The project is relatively unexplored and there are no known environmental liabilities on site. Jaeger currently holds the required Notice of Planned Work permit needed to carry out its proposed work program on the property.

The Bathurst Mining Camp is a region with multiple potential deposits. It hosts up to 46 historic VMS deposits, with a total sulfide resource of over 500 million tonnes. The camp is situated approximately 45 kilometers southwest of Bathurst City, with access to developed mining infrastructure, a skilled workforce and a rich resource network.

The Bathurst region has a long history of mining interest. In 1977, Consolidated Morrison Explorations Ltd. conducted an input airborne geophysical survey that identified a coincident EM and magnetic anomaly on the property. The company conducted a diamond drilling campaign that intersected the Taylor Brook base metal sulfide deposit. Two decades later, the property’s volcanogenic sulfide horizon was explored and developed by Stratabound Minerals Corp. (TSX.V:SB). Since 1997 there has been very limited exploration work done on the property.The deposit remains open for additional definition and potential open pit development.

Jaeger Resources is strategically positioned for growth as its current share price and low administrative costs demonstrate potential success in these changing market conditions, especially in light of setbacks from COVID-19 on mining operations. As a prospective VMS deposit, the Taylor Brook deposit provides the company an opportunity to buy into both the precious and base metals markets — two very different landscapes that typically contain copper, zinc, lead, silver and gold assets.

The company has tightly held shares, with a high percentage of insiders and friends and family participation. It recently amended the terms of the acquisition with Stratabound and the details can be found here.

These accomplishments have been made possible by Jaeger Resources’ success-driven board. They have proven their strength in the exploration and mining sectors by combining years of experience in founding and developing successful businesses. With their extensive expertise, the company has demonstrated the potential to raise funds as required, despite challenges imposed by global financial conditions.

Along with a drive for economic growth, the management team’s dedication to social responsibility and environmental sustainability set them apart from other early-stage mining companies. They are committed to minimizing the environmental impact in the communities in which Jaeger operates and intends to ethically treat all shareholders, employees and community members.

Jaeger Resources’ Company Highlights

• Early-stage Canadian exploration company specializing in the acquisition and development of potentially high yielding but undervalued mineral properties.
• The primary focus of the company is on its Taylor Brook deposit in the Bathurst Mining Camp of New Brunswick. This property contains a massive zinc-lead-silver-copper sulfide deposit that has been relatively unexplored.
• A strong proponent for ethical exploration, best practices and environmental sustainability. The company is committed to reducing its environmental impact by operating in mining-friendly jurisdictions with local communities in mind.
• Due to the recent efforts by management to reposition and refocus the company, it is currently tightly held, contains no debt and is in a unique position for a potential partnership/amalgamation venture.