CORE SAMPLING

Juggernaut's significant sulphide mineralisation on the Goldilocks Vein

Juggernaut Exploration Ltd has completed the drill programme on the Gold Star property. The 2022 drill programme successfully extended the footprint of the Goldilocks zone by 120m along strike to a total of 410m with 160m of vertical relief and 90m of down-dip extent.

 Juggernaut Exploration Ltd has completed the drill programme on the Gold Star property in Canada

Juggernaut Exploration Ltd has completed the drill programme on the Gold Star property in Canada

The most significant drill intercept (5.8m of stringers and aggregations of sulphides within shear-hosted quartz veins) observed in hole GS-22-06 drilled towards the East-Northeast suggests that the system is most prominent in that direction. Mineralised intervals drilled during the 2022 drill campaign contain the same style of textures and mineralization as hole GS-22-05 reported in 2021 that intersected 10.795gpt Au (14.31AuEq) over 5.5m including 29.2gpt Au (38.37AuEq) over 2.0m.

Dan Stuart, president and CEO of Juggernaut Exploration, said: "The drill programme significantly expanded both the strike and depth on all three of seven veins drill tested on Gold Standard all of which remain open. The drilling on the Gold Star property on the Goldilocks discovery was also successful in expanding the strike extent to a total of 410m with 160m of vertical relief and 90m down-dip. We look forward to receiving the assay results from all four of our properties, all of which have mineralised core and/or mineralised outcrops. Based on the visual observations from the 2022 programmes we are confident in the remaining untapped discovery potential on all of our properties that are 100 per cent controlled."