00:02:18 EST Tue 20 Jan 2026
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Juggernaut Exploration Ltd (2)
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Juggernaut prepares for 10,000 m of drilling at Big One

2026-01-19 19:09 ET - News Release

Mr. Dan Stuart reports

JUGGERNAUT ANNOUNCES FULLY FUNDED 10,000 METER INAUGURAL DRILL PROGRAM ON NEW DISTRICT-SCALE GOLD SILVER COPPER RICH SYSTEM AT 100% CONTROLLED BIG ONE PROPERTY, GOLDEN TRIANGLE, B.C.

Juggernaut Exploration Ltd. is preparing for its inaugural fully financed 10,000-metre (m) drill program within the newly discovered district-scale gold-silver-copper-rich system on the 100-per-cent-controlled Big One property in the Golden Triangle in British Columbia.

The company's maiden drill program will target several extensive high-grade gold-silver-copper-rich shear-hosted veins confirmed on surface within the district-scale Eldorado system and Gold Swarm discoveries. Widespread strong porphyry-style propylitic alteration and gold-rich polymetallic mineralization on the Big One property are indicated to be related to a Jurassic- to Cretaceous-age intrusive source coeval with the alkalic volcano-magmatic event that is associated with the copper-gold-silver porphyry mineralization as seen in close proximity at the adjacent Galore Creek deposit.

Dan Stuart, chief executive officer of Juggernaut Exploration, states: "With a district-scale discovery of this magnitude, host to more than 500 gold-rich veins and shears exposed on surface for more than one kilometre that rise above the valley floor for more than one kilometres, we are likely only seeing the tip of the iceberg. The Eldorado gold system and the Gold Swarm discovery show the right ingredients to quickly become the next major discovery in the Golden Triangle. Juggernaut Exploration is preparing to embark on its inaugural fully funded approximately 10,000-metre drill program at the Big One property, and we look forward to testing this high-grade district-scale system to depth and unlocking the full potential of this amazing discovery."

Manuele (Lele) Lazzarotto, president and chief operating officer of Juggernaut Exploration, states: "Preparations are under way for the 2026 fully funded inaugural drill program on one of the most highly anticipated new discoveries in the Golden Triangle. Recently received data from the detailed and regional mapping, lidar survey and UAV survey, in combination with excellent geochemical results and structural information, has allowed us to vector in on and better understand the extent and geometry of the mineralization seen on surface where multiple high-grade gold, silver, copper veins are exposed for more than one kilometre. The data indicates that the system driving the high-grade polymetallic mineralization at Big One is a magmatic source coeval with the nearby world-class Galore Creek deposit. From an exploration perspective, this opens the door for the presence of a large causative mineralizing source at depth, characterized by major gold-, silver- and-copper-rich fluid pathways, providing significant additional discovery potential. Intersecting the causative source could greatly increase the value of the project in 2026 and beyond."

Big One gold-rich district-scale system highlights:

  • The district-scale Eldorado system covers an area of 22 kilometres (km) that remains wide open where grab samples assayed up to 263.70 grams per tonne (g/t) gold equivalent (AuEq) or 8.48 ounces per ton (oz/t) AuEq (256.60 g/t gold (Au), 546.00 g/t silver (Ag), 0.43 per cent copper (Cu), 0.41 per cent lead (Pb) and 0.01 per cent zinc (Zn)) from 400 mineralized veins that remain open and are up to 10 m wide, hosted in shear zones up to 50 m wide, and are exposed on surface for 500 m with one km of vertical relief.
  • The Gold Swarm discovery is a three km area of strong gold potential with 100 gold-rich polymetallic veins exposed on surface for 200 m and up to 4.5 m wide with up to 700 m of vertical relief, where grab samples assayed up to 231.81 g/t AuEq or 7.45 oz/t AuEq (226.94 g/t Au, 335.00 g/t Ag, 0.00 per cent Cu, 4.99 per cent Pb and 0.01 per cent Zn) that remains open.
  • Forty-one per cent (219 samples out of 527) collected within the Eldorado system in 2024 and 2025 assayed one g/t AuEq; 65 per cent (28 samples out of 43) collected within the Gold Swarm zone in 2024 and 2025 assayed one g/t AuEq.

Gold samples up to 256.60 g/t or 8.25 oz/t, silver samples up to 2,810 g/t or 90.34 oz/t, and copper samples up to 14.40 per cent were collected on Big One:

  • The polymetallic veins, alteration signature, geochemical pathfinder element signature and geophysical anomalies strongly indicate the presence of a large common buried gold-silver-copper-rich porphyry feeder source or similar magmatic source or sources at depth responsible for the extensive district-scale high-grade gold, silver, copper veining confirmed on surface.
  • Detailed mapping has confirmed that mineralization at Eldorado and Gold Swarm is linked to a Jurassic to Cretaceous transpressional system and intrusive sources, coeval with the magmatic events that formed the nearby multimillion-ounce Galore Creek copper, gold, silver porphyry deposit.
  • The district-scale system shows widespread porphyry-style propylitic alteration, with the final phase of alteration occurring simultaneously with mineralization, which will help vector toward the potential source of the mineralization seen in the gold-rich shear zones and veins on surface that remain open.
  • Mineralized veins and shear zones were emplaced through brittle-ductile deformation during and after the Jurassic period, forming a major structural corridor at Big One defined by northeast, east and northwest trends, confirming common orientations, as well as similar geochemical signatures and textures of the gold-mineralized veins along the 15 km Highway of Gold corridor surrounding the snowcap of Deeker Glacier strongly indicating that the gold-rich mineralization found throughout is all part of one district-scale gold system that remains open.
  • The recently received five-year drill permit, valid until March 31, 2031, will allow the company to define the extent of the mineralization at depth, as well as fully understand the geometry of the system and related drivers of the mineralization in preparation for a future resource.

The Eldorado system consists of a 22 square km area that remains open where grab samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq (256.60 g/t Au, 546.00 g/t Ag, 0.43 per cent Cu, 0.41 per cent Pb and 0.01 per cent Zn) from more than 400 mineralized veins that are up to 10 m wide hosted in shear zones up to 50 m wide, and are exposed on surface for more than one km with more than one km of vertical relief. The Eldorado system hosts the Gold Dome zone, where grab samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq (256.60 g/t Au, 546.00 g/t Ag, 0.43 per cent Cu, 0.41 per cent Pb and 0.01 per cent Zn), the Big Mac zone, where grab samples assayed up to 113.92 g/t AuEq or 3.66 oz/t AuEq (111.35 g/t Au, 159.00 g/t Ag, 0.02 per cent Cu, 3.88 per cent Pb and 0.01 per cent Zn), and the Whopper zone, where grab samples assayed up to 43.94 g/t AuEq or 1.41 oz/t AuEq (39.84 g/t Au, 333.00 g/t Ag, 0.02 per cent Cu, 0.07 per cent Pb and 0.06 per cent Zn). See the news releases from Sept. 8, 2025, and Nov. 10, 2025.

The Gold Swarm discovery is a three square km area of strong gold potential with more than 100 gold-rich polymetallic veins exposed on surface for more than 200 m and up to 4.5 m wide with up to 700 m of vertical relief, where grab samples assayed up to 231.81 g/t AuEq or 7.45 oz/t AuEq (226.94 g/t Au, 335.00 g/t Ag, 0.00 per cent Cu, 4.99 per cent Pb and 0.01 per cent Zn) that remains open. See the news releases from Sept. 8, 2025, and Nov. 10, 2025.

Mineralization at Eldorado and Gold Swarm most likely represents part of a broader Jurassic- to Cretaceous-age transpressional mineralizing system directly related to an intrusive source. These intrusives are indicated to be time equivalent to the alkalic volcano-magmatic event associated with Cu-Au porphyry mineralization that hosts the adjacent Galore Creek deposit. Detailed geological mapping of the Eldorado system has revealed that the gold-rich polymetallic quartz veins are mostly hosted within and therefore postdate Early Jurassic quartz diorite and hornblende diorite units and associated compressional deformation events, but predate Eocene epithermal events. Widespread strong porphyry-style propylitic alteration has been mapped in outcrop on the eastern and northern slopes of the Eldorado system. Multiple phases of propylitic alteration have been observed, with two phases occurring prior to mineralization and the last phase occurring during mineralization. Syn- to post-Jurassic brittle-ductile deformation is responsible for the emplacement and activation of mineralized veins and shear zones, which consist of steep and low-angle structures and are concentrated in northeast, east and northwest trends, indicating the presence of a major structural corridor at Big One.

The Big One property is situated in a region that is known for hosting globally recognized precious metal and porphyry deposits, several of which occur near the property, including the multiple porphyry systems at Galore Creek, the world's largest known gold reserve at KSM and the polymetallic copper project at Shaft Creek, as well as the Brucejack high-grade epithermal gold deposit, and the structurally controlled high-grade hydrothermal gold-silver zones at Trophy and Sphal Creek. The property geology is favourable to host these types of deposits, as confirmed by the presence of extensive areas of propylitic alteration, untested geophysical anomalies, strong silt, soil and rock geochemistry, including pathfinder elements directly related to porphyry systems, key structures and textures, porphyry-style mineralization, and high-grade polymetallic veins, that have been discovered on the Big One property.

The Big One property can be accessed year-round via helicopter from the Glenora/Telegraph Creek Road at the Barrington mine (33 km to the north-northeast), as well as the Galore Creek Road (15 km to the southeast). The Canadian government committed $25-million to extend/improve the Galore Creek Road to within 15 km of the Big One property. The property is two km west of the Scud River airstrip used in the early days of Galore Creek.

The Big One property exploration qualifies for the critical mineral exploration tax credit (CMETC).

About Juggernaut Exploration Ltd.

Juggernaut Exploration Ltd. is an explorer and generator of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. Its projects are located in globally recognized geological settings and in geopolitically stable jurisdictions, making them amenable to mining in Canada. Juggernaut is a member and active supporter of CASERM, a collaborative venture between the Colorado School of Mines and Virginia Tech. Juggernaut's key strategic cornerstone shareholder is Crescat Capital.

Qualified person

Rein Turna, PGeo, is the qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this news release.

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