- Juggernaut Exploration (TSXV.JUGR) has reported considerable sulphide mineralization averaging 7.32 metres wide at the Bingo property in British Columbia
- The strong mineralization occurs in breccias within a shear zone hosted in a gabbro unit that shows extensive potassic alteration in the northeast part of the Bingo property
- The 2024 drill program has been completed and consisted of 3,464 metres drilled in 24 holes from seven pad locations
- Shares of Juggernaut Exploration are down 23.81 percent to C$0.08 as of 11:03 am ET
Juggernaut Exploration (TSXV.JUGR) has reported considerable sulphide mineralization averaging 7.32 metres wide at the Bingo property in British Columbia.
In a news release, the company stated strong mineralization occurs in breccias within a shear zone hosted in a gabbro unit that shows extensive potassic alteration in the northeast part of the Bingo property.
The 2024 drill program has been completed and consisted of 3,464 metres drilled in 24 holes from seven pad locations.
“With the strong drill intercepts of semi-massive to massive sulphides and substantial potassic alteration from the 2024 drill program, as well as the numerous new outcrops identified on the surface, we believe we have only begun to scratch the tip of the iceberg,” Dan Stuart, CEO of Juggernaut Exploration, said in a news release. “With much anticipation, we look forward to announcing assay results in the near future, once everything has been received, compiled, and interpreted.”
Highlights from the 2024 program include:
- Multiple drill holes from seven drill pads spread over 700 metres of strike remain open and have intersected significant moderate moderate, semi-massive and/or massive sulphide mineralization consisting of chalcopyrite, cobaltite and native copper
- All holes drilled on the Bingo Main Zone have also intersected substantial moderate, semi-massive and/or massive chalcopyrite, cobaltite and native copper mineralization in shear-hosted vein with an average width of 7.32 metres over 350 metres of strike and remain open
The company stated the drill program aimed at expanding the known extent of the mineralization confirmed in 2023 as well as exploring new targets to the west and north of the known Bingo Main Zone.
With headquarters out of Vancouver, Juggernaut Exploration is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia.
Shares of Juggernaut Exploration (TSXV.JUGR) are down 23.81 percent to C$0.08 as of 11:03 am ET.
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