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DSM Syndicate Discovers 400m x 250m Zone With Grabs up to 2.78 Grams per Tonne Gold in Area of Glacial Recession
VANCOUVER, British Columbia, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Juggeranut Exploration Ltd. (TSX-V: JUGR). The Goldstandard Property is 100% owned by the DSM Syn
About this update from Juggernaut Exploration Ltd
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Juggeranut Exploration Ltd. (TSX-V: JUGR). The Goldstandard Property is 100% owned by the DSM Syndicate a private precious metal project generator in British Columbia that has staked a total of six properties to date of which Juggeranut Exploration Ltd,. owns a 20% interest, including the Goldstandard property. Highlights Include: New bedrock discovery with no previous work recorded in the area. Discovery of the Big Show Zone: a large en echelon quartz vein system that has been traced over 1000 by 350 metres in bedrock and remains open in all directions. Situated within the regional Pootlass High Strain Zone, a corridor of brittle and ductile deformation, approximately 2 km wide and up to 30 km long. The Goldstandard property remains largely unexplored providing for excellent additional discovery potential. Quartz veins assayed up to 1.57 grams per tonne gold in grab samples and 0.53 grams per tonne gold from a two-metre chip sample (link to image). Widespread, unexplored newly exposed outcrop do to glacial and snow pack abatement provides for strong discovery potential. Geological mapping, prospecting, channel sampling, and an alteration study is recommended to outline the full extent of the Big Show Zone and to delineate drill targets. The Goldstandard Property is situated approximately five kilometers north of Bella Coola, BC (link to map). The property covers 690 hectares with close access to infrastructure. The Goldstandard property was generated and prospected as part of a reconnaissance exploration program and was staked based on positive results that yielded up to 1.57 grams per tonne gold in grab samples. This included the original discovery of the Big Show zone where multiple sheeted, oxidized, sulphide-bearing quartz veins were discovered over a 1000 by 350 metres zone. Individual vein widths reach up to three meters (link to image), are oxidized with local disseminations of pyrite, and in places traceable in outcrop for up to thirty meters along strike. Of the veins sample within the Big Show Zone thus far, two contained gold mineralization. Within the Big Show Zone veins occur in brittle-ductile shears and faults (link to image) forming discontinuous sheeted vein sets that produced values up to 1.565 grams per tonne from a bedrock grab sampl...