Juggernaut Exploration Ltd. reported results from its 2024 drill campaign at the Kokomo Volcanogenic Hosted Massive Sulphide (VHMS) target where drill hole MD-24-47 intercepted 8.27 g/t AuEq (6.21 g/t Au, 99.63 g/t Ag, 0.42 % Cu, and 1.08 % Zn) over 11.03 m and remains open to depth and to the North on its 100 % controlled Midas property, Golden Triangle, British Columbia. Strong gold values, as well as sulphide mineralization consistent with what is typically observed in proximity of an Eskay-style VHMS system in the form of moderate, semi-massive and/or massive chalcopyrite, sphalerite and pyrite hosted in a quartz-sericite-chlorite schist strongly indicates the potential for a VHMS deposit at depth. Integration of additional assay results will focus future drill plans to expand on this discovery both to depth and on trend to the North, where the high-grade mineralization remains open.
Drill hole MD-24-47 collared from the Kokomo showing intercepted 8.27 g/T AuEq over 11.03 m (6.21 g/T Au, 99.63 g-t Ag, 0.42% Cu, and 1.08% Zn) at a depth of 148.25 m to 159.28 m, well below the surface mineralization that assayed up to 9.343 gpt Au, 117 gpt Ag, 1.58 % Cu and 1.77 % Zn. The strong gold values and sulphide mineralization observed in extended intervals from drill holes completed during the 2024 program is strongly reminiscent of the surface samples collected at Kokomo which assayed up to 9. 343 gpt Au, 117 gPT Ag, 1.58 %Cu and 1.77 % ZN. Integration of additional assay results and further modelling will focus future drill plans to expanded the high-grade drill discovery zone (8.27 g/t Au Eq over 11.03 meters) to depth and to the North, where the low-grade mineralization remains open; Extensive broad copper-zinc-gold rich intervals consisting of considerable chalcopyrite, Sphalerite and pyrites in aggregates, stringers and veinlets have been intersected in multiple drill holes from 2023 and 2024 collared from an area encompassing the VG Zone and Kokomo showing consistent with an Eskay-style V HMS system.
Results from the 2023 drill campaign intersected weak to moderate sulphide mineralization in the south that assayed up to 1.56 gpt AuEq (0.35 gpt Au, 6.10 gpt Ag, 0.64 % Cu and 0.67 % Zn) over 5.00 meters, suggesting that mineralization is stronger towards the north, including the Kokomo target and beyond; The geology, geochemistry, alteration, and extensive underlying geophysical anomaly coupled with the high-grade polymetallic Au, Ag, Cu and Zn mineralization in semi-massive to massive sulphides seen in drill core and outcrop strongly indicates the potential of a new Eskay-style VH MS discovery. All drill holes completed during the 2024 programs will focus future drill plans to expanding the high-grade drill discovery zones (8.27 g/T Au Eq over 11.02 meters) to depth and to The Kokomo target and beyond; and extensive underlying geophysical anomaly combined with the high-grade poly Metallic Au, Ag, Cu, and Zn mineralization in Semi-massive to massive sulphides shown in drill core and outcrop strong sulphides seen in drill core. All drill holes will focus future drill plans to expansion on this discovery both to depth.