Juggernaut Drills 41.34 Meters of Strongly Mineralized Veins and Schist on Its Maiden Drill Program at the Kraken Vein on the Gold Standard Property, BC

VANCOUVER, British Columbia, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) is pleased to report initial results from the maiden drilling on the Kraken vein at its 100% controlled Gold Standard property located on the central coast of British Columbia. All holes drilled on the Kraken vein to date intersected significant intervals of robust sulphide mineralization in quartz veins and/or quartz-chlorite schist of up to 41.43 m wide (in drill hole GSD-22-20). The mineralized intervals consist of pyrite, pyrrhotite and chalcopyrite occurring as stringers and aggregations within massive quartz veins enveloped by strongly foliated mineralized quartz-chlorite schist. Hole GSD-22-20 is part of a series of 7 holes drilled on the Kraken vein that have tested its extent for 80 m along strike and 130 m downdip and remains open. Kraken has been traced on surface for 1 km with 520 meters of vertical relief and remains open.

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