Juggernaut Commences Exploration Geophysics Underway on Empire and Midas
TSX VENTURE: JUGR
VANCOUVER, British Columbia, May 15, 2018 (GLOBE NEWSWIRE) -- Juggernaut Exploration Ltd. (TSX-V:JUGR) (Frankfurt: 4JE) (the “Company or “Juggernaut”) is pleased to announce the initiation of its 2018 exploration program with geophysics underway on the Empire and Midas properties in preparation for the inaugural drilling.
The survey results from more than 1,000-line kilometres will be integrated in to the current database and will be used to further delineate the extent of key features associated with mineralization. This data will also assist in focusing the surface exploration and drilling, including: geological mapping, trenching, alteration and whole rock study, soil sampling and prospecting.
Juggernaut is also pleased to report that camp construction within Terrace, British Columbia is nearing completion and will host the technical teams and drilling crews that will conduct the 2018 exploration program on its Empire and Midas properties.
Mr. Dan Stuart, Director, President and CEO of Juggernaut states:
“The company and geologic team are very excited to drill these new bedrock discoveries on Empire and Midas. These mineralized zones are located in world class geologic terranes and have excellent potential of being one drill hole away from a world class discovery. Both the Empire and Midas properties will certainly tick the boxes with the miners, have road access, and are close to excellent infrastructure in Terrace, British Columbia. We look forward to the 2018 season with great anticipation.”
Stefan Kruse, Ph.D., P. Geo., Chief Geologist, 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.
For more information please contact:
Further information regarding Juggernaut Exploration Ltd. can be found at
Dan Stuart Director, President, and CEO
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.