Juggernaut Exploration - President and CEO, Dan Stuart.
President and CEO, Dan Stuart.
Source: TMX.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Juggernaut Exploration (JUGR) has begun its 2022 diamond drill program on its Gold Standard property in British Columbia
  • Drilling is planned to test both down dip and strike of three of the seven extensive high grade polymetallic gold silver veins
  • Maiden exploration drilling on Gold Standard in 2021 confirmed gold mineralization in the subsurface
  • Juggernaut Exploration is focused on exploring, and evaluating gold properties
  • Juggernaut Exploration Ltd. (JUGR) opened trading at C$0.105

Juggernaut Exploration (JUGR) has begun its 2022 diamond drill program on its Gold Standard property in British Columbia.

Drilling is planned to test both down dip and strike of three of the seven extensive high grade polymetallic gold silver veins discovered on surface on the property. 

Past drilling has confirmed the presence of a strong gold mineralized orogenic system on the Gold Standard property at surface and at depth.

Juggernaut Exploration’s 100 per cent controlled Gold Standard property is an original discovery with no previous recorded work in the area.

Dan Stuart, President and CEO of Juggernaut Exploration, commented on the upcoming drill program.

“The results from the maiden exploration drilling on Gold Standard in 2021 confirmed gold mineralization in the subsurface. We look forward to unlocking the full gold potential by drilling Gold Standard in 2022 and beyond. We also look forward to providing news around drilling, exploration and results as the exploration program progresses this summer.”

He added,

“Juggernaut is in a very unique position, with a tight share structure of just over 43MM shares issued and outstanding and $4,000,000 currently in the treasury including exploration rebates. Juggernaut is fully funded and on track for the rapidly approaching exploration programs for both 2022 and 2023.”

Juggernaut Exploration is focused on exploring, and evaluating gold properties. It has an interest in the Gold Standard, Goldstar, and Midas properties.

Juggernaut Exploration Ltd. (JUGR) opened trading at C$0.105.

More From The Market Herald

" Independence Gold (TSXV:IGO) announces $1.3 million financing

Independence Gold Corp. (IGO) has proposed equity financing for gross proceeds of up to $1,300,000.

" Golden Sky Minerals (TSXV:AUEN) releases results from Phase 2 program at its Rayfield Property

Golden Sky Minerals (AUEN) announced results from its Phase 2 2022 soil geochemical sampling program.

" Rackla Metals (TSX:RAK) announces $2M non-brokered private placement

Rackla Metals (RAK) announced a non-brokered private placement for proceeds of up to $2.0 million.

" Appia Rare Earths & Uranium (CSE:API) releases assay results from Alces Lake 2022 prospecting program

Appia Rare Earths & Uranium Corp. (API) has released assay results from its Alces Lake 2022 prospecting program.