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Juggernaut Exploration: DSM Syndicate Samples up to 81.5 g/t Gold at Money Property
VANCOUVER, British Columbia, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Juggernaut Exploration Ltd. (TSX-V:JUGR). The Money property is 100% owned by the DSM Syndicate a
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[{"type":"text","content":"VANCOUVER, British Columbia, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Juggernaut Exploration Ltd. (TSX-V:JUGR). The Money property is 100% owned by the DSM Syndicate a private precious metals project generator in British Columbia, of which Juggernaut Exploration Ltd. owns a 20% interest in all six DSM Syndicate’s properties staked inclusive of the Money property. This property is located approximately 50 kilometres southeast of Kitimat, BC and approximately 30 kilometres north of the community of Kemano. It is also situated 55 kilometres to the southeast of the Huckleberry Cu-Mo porphyry Mine. The Money Property covers 5303 hectares and is positioned approximately 17 kilometres from three stage power and the nearest logging access road. The new Goldzilla Zone is polymetallic and gold mineralized zone found in bedrock. Mineralized samples have been collected over an area of 175 x 50 m including a grab sample containing 81.5 grams per tonne gold (2.62 oz/t). Grab samples are selective in nature and are not intended to be representative of the mineralization on the property. In addition to the Goldzilla Zone, grab samples containing up to 0.539 percent copper and 6.7 grams per tonne silver have been collected 1.2 kilometres to the southeast in the same suite of metamorphic rocks. Highlights include: Brand new bedrock discovery with no previous work in area One day total field time spent on the property Five bedrock grab samples from polymetallic veins assayed above 10 g/t Au and up to 81.5 g/t Au (2.62 oz/t) (link to images). Mineralized granodiorite intrusion with a grab sample containing 6.98 g/t Au (link to image) Geological mapping, prospecting and channel sampling is strongly recommended to outline the full geometry of the Goldzilla zone in preparation for drilling. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled. The Money property was staked by the DSM Syndicate following a brief one day reconnaissance prospecting program that resulted in the discovery of polymetallic sulphide veins. A grab sample from these veins yielded 81.5 grams per tonne gold, 25 grams per tonne silver and 3.49 percent copper. Mineralization in the Goldzilla Zone is a brand-new discovery with no record of claims or work in the area. The z...