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Juggernaut Exploration: Bingo Main Gold Discovery 550 Meters x 175 Meters Remains Open - Drill Ready - Golden Triangle BC
BINGO PROPERTY 100% CONTROLLED – FULLY PERMITTED AND DRILL READY The Bingo Main zone has been expanded from 320 meters by 175 meters to 550 meters by 175 m and
About this update from Juggernaut Exploration Ltd
[{"type":"text","content":" BINGO PROPERTY 100% CONTROLLED – FULLY PERMITTED AND DRILL READY The Bingo Main zone has been expanded from 320 meters by 175 meters to 550 meters by 175 m and remains open with high-grade gold samples that assayed up to 9.79 gpt Au Bingo is located in the Eskay Rift in an evolving gold district in a world-class geologic setting within the Golden Triangle of British Columbia, host to several multi-million ounce gold deposits Bingo contains the same world-class geological units as Goliath Resource's Surebet discovery, including Hazelton Volcanics and related sediments and intrusives Gold mineralization in outcrop, stream sediment geochemistry, ground magnetic survey, soil sampling and other lines of evidence confirm strong gold-mineralization on the property Mineralization characterized by pyrite, chalcopyrite, galena and pyrrhotite Gold-rich fluids intruded and altered the host rock indicating a shear zone The Bingo property is surrounded by a number of known deposits, including Anyox, Surebet, Dolly Varden, Porter Idaho, Premier, and more Infrastructure includes direct access to tide water in close proximity to roads and high-tension power Bingo is fully permitted and drill ready SUMMARY SLIDE VANCOUVER, British Columbia, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) is pleased to report results from the 2022 field program on its 100% controlled Bingo property located within the Eskay Rift region of the Golden Triangle, British Columbia. Grab samples assaying up to 7.39 gpt Au were collected along the Bingo Main Zone which was extended from 320 m by 175 m to 550 m by 175 m (see map). This season’s surface grab and soil sampling, ground magnetic survey, and drone survey together with the historic data compiled by the geologic team strongly indicate the presence of an extensive gold-mineralizing system on the Bingo property that is drill ready and remains open. The Company is planning an inaugural drill program in 2023 comprising up to 2000 m of drilling from up to 4 pads. The Bingo Main Zone is a drill ready zone containing gold mineralized grab, chip and channel samples over an area of 550 metres x 175 metres. The zone is open on surface and to depth. Historical channel cuts taken between 2016 and 2018 assayed 1.77 gpt Au and 0.20 % Cu over 4.85 ...