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Juggernaut Intersects 84.50 Meters of Sulphide Mineralization in First Drill Hole on Eskay-Style VHMS Kokomo Target, Midas Property, Golden Triangle, BC
(TheNewswire) Vancouver, British Columbia – TheNewswire - July 29, 2024 ...
About this update from Juggernaut Exploration Ltd
[{"type":"text","content":"Juggernaut Intersects 84.50 Meters of Sulphide Mineralization in First Drill Hole on Eskay-Style VHMS Kokomo Target, Midas Property, Golden Triangle, BC\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 Vancouver, British Columbia\n \n\n –\n \n\n TheNewswire -\n \n\n July 29, 2024 –\n \n\n Juggernaut Exploration Ltd (JUGR.V) (OTCQB:\nJUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”)\n \n\n is pleased to report that drilling has recently commenced on\nits 100% controlled Midas property (the “Property”) where drill\nhole MD-24-47, the first drill hole of the season collared from the\nKokomo showing, has intercepted\n \n\n\n\n 2 meters of semi-massive sulphide\n(5-7% pyrite, 2% chalcopyrite and 1% sphalerite) within a broader\ninterval of 84.50 meters of strongly silicified chlorite-schist with\ncontinuous trace sulphide mineralization from 105.90 meters to 190.40\nmeters downhole.\n \n\n This new drill intercept\ncontains the same mineralization and textures observed on surface at\nthe Kokomo showing where a chip sample assayed 9.343 gpt Au, 117 gpt\nAg, 1.58 % Cu and 1.77 % Zn.\n \n\n\n\n The Company has a total of 3,000 meters of drilling\nplanned in 15 drill holes from 6 pad locations on the Midas property\nin world-class geologic terrane. Drilling includes testing the strong\nEskay-style Volcanogenic Hosted Massive Sulphide (VHMS) anomaly\nidentified at the Kokomo showing as well as multiple strong additional\nVHMS targets in a 550 meters by 350 meters area immediately to the\nsouth of the Kokomo showing that is strongly indicated to contain the\nheart of the gold rich VHMS system and remains open.\n \n\n\n\n Dan Stuart, President and CEO of\nJuggernaut Exploration states\n \n\n “\n \n\n The 2024 drill program on the Midas\nproperty has officially commenced and is already showing excellent\nvisual results. We strongly believe that this year’s drill program\nwill be able to test the most compelling VHMS target identified on the\nMidas property to date. With the first successful drill hole completed\nat Kokomo, we are looking forward to process the drill core and\nrelease initial assay results as soon as they become\navailable.\n \n\n ”\n \n\n\n\n Midas Drilling Highlights\n \n\n\n\n\n\n D...