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Juggernaut Commences Drilling on Midas
(TheNewswire) Vancouver, British Columbia - TheNewswire – Ju...
About this update from Juggernaut Exploration Ltd
[{"type":"text","content":"Juggernaut Commences Drilling on Midas\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, British Columbia\n \n \n -\n \n \n TheNewswire\n \n \n –\nJuly 18\n \n \n th\n \n \n , 2023 –\n \n \n Juggernaut\nExploration Ltd (\n \n \n TSXV:\n \n \n JUGR) (OTC:JUGRF) (FSE:\n4JE) (the “Company” or “Juggernaut”)\n \n \n is\npleased to report drilling has commenced on its 100% controlled Eskay\nStyle VHMS Midas property. The Company has a total of ~4,500 meters of\ndrilling planned on Midas in world class geologic terrane all with\nstrong discovery potential. Midas consists of 20,803 hectares and is\nlocated 24 km southeast of Terrace, British Columbia in close\nproximity to logging access roads, power, railway and major\ninfrastructure.\n \n \n \n \n The Midas property is located in an area of recent\nglacial abatement and permanent snowpack recession at the southern end\nof the Golden Triangle, British Columbia. Multiple high-grade gold\ngrab, chips and channel samples were collected from the Kokomo VHMS\ntarget where a 1.00 m chip sample assayed 9.343 gpt Au, 117 gpt Ag,\n1.58 % Cu and 1.77 % Zn and is drill ready. Relatively shallow Induced\nPolarization (IP) chargeability and resistivity anomaly extends under\nthe Kokomo\n \n \n \n \n Midas 2023 Planned Drill Holes\nTargeting IP anomaly\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n showing on trend to the south for at least 850 meters\ntowards the VG Zone, conducive for a buried VHMS containing\nsemi-massive to massive sulphides at depth. Channel samples highlights\nfrom the VG Zone include 10.28 gpt Au over 4.34 meters; 15.37 gpt Au\nover 2 meters; and 5.43 gpt Au over 3.11 meters. Historic drill\nresults from the Midas property include hole MD-18-16 which\nintersected the peripheral zone of the IP anomaly core and returned\n0.56 g/t AuEq over 35.35 meters; hole MD-18-08, which assayed 6.85 gpt\nAu over 9 meters and narrowly missed a strong IP chargeability\nanomaly; and hole MD-18-01 which intersected 3.27 gpt AuEq over 4.80\nmeters and ended before it reached the core of a strong IP\nchargeability anomaly.\n \n \n \n \n A series of 5 drill targets have been identified in\nassoc...