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VANCOUVER, British Columbia, Nov. 16, 2020 (GLOBE NEWSWIRE) — Juggernaut Analysis Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”)  is admiring to address it has accustomed its five year avant-garde analysis admittance for conduct its 100% controlled Goldstandard property.  The acreage contains assorted all-encompassing anew apparent aftereffect orogenic gold veins including the Goldzilla vein that measures up to 20 meters wide and has been traced at apparent for 938 meters along bang with 300 meters of vertical abatement and charcoal accessible to the southeast. The fully funded inaugural conduct will focus on the Godzilla Articulation Breadth that is part of the large-scale Goldzilla orogenic vein arrangement breadth channel cut assayed up to 6.00 g/t AuEq (gold equivalent) over 12 metres including 5 metres of 13.03 g/t AuEq true width.  

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The planned countdown assignment affairs will be advised to analysis the Goldzilla articulation breadth both forth bang and to depth. The analysis zones are amid in aerial areas of afresh apparent basement due to arctic and snowpack abatement. The Goldzilla Breadth is an aboriginal new orogenic gold analysis amid in a world-class geological ambience (high ache zone) that charcoal abundantly unexplored, accouterment amazing added beginning gold potential. This analysis has already garnered the absorption of the miners and institutions alike, added demonstrating the abeyant of the Goldstandard acreage and surrounding breadth to advance into a new orogenic gold camp. Approximately 67 % of Canadian gold assembly comes from this apple chic geologic setting. (Link to Video)

The aggregation additionally auspiciously completed a acreage advanced LiDAR and orthophoto analysis in Sept 2020 accoutrement both its Goldstandard and Goldstar backdrop amid in the aforementioned area. This abstracts will acclimated to abetment in approaching analysis on both properties.

The Goldstandard acreage is amid in the Central Coastal arena of British Columbia Canada, alone 4km from above basement and 1km to tidewater and logging roads, accouterment excellent, cost-effective exploration.

GOLDZILLA HINGE ZONE

Detailed mapping and apparent sampling, articular a 100m by up to 20m advanced articulation breadth absolute aerial brand gold mineralization of up to 6.00 g/t AuEq over 12m including 5m of 13.03 g/t AuEq and 1m of 31.66 AuEq (schematic of articulation zone). This articulation breadth is allotment of the all-embracing Goldzilla orogenic arrangement that is traced on apparent for 938m with 320m of vertical abatement and charcoal accessible (hinge breadth Image)

The Goldzilla articulation breadth planned countdown assignment affairs will ambition the aerial brand gold mineralization apparent at apparent and trace it to depth. Conduct will be advised to alleviate the abounding abeyant of this anew apparent high-grade orogenic attitude arrangement and to accept the accord amid the assorted added anew apparent ample en-echelon gold address orogenic veins at depth.

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HIGHLIGHTS OF OTHER OROGENIC VEINS ON GOLD STANDARD:

In accession several added en-echelon gold address orogenic veins accept been begin aural the Big Show aerial ache breadth that has been broadcast in 2019 from 2km by 1km, to 4.5km by 1.5km, absolute assorted ample en-echelon gold address mineralized quartz veins and microburst zones. Analysis has added accepted the admeasurement of gold mineralization aural assorted quartz veins and microburst zones, aural the Big Show high-strain, acknowledging an all-encompassing orogenic gold arrangement aural the property. (link to image)

This mineralized orogenic arrangement is allotment of a bounded high-strain zone, a breakable and ductile, sub-vertical microburst breadth arrangement that is adjacent to the abuttals amid the Intermontane and Insularsuperterranes, demarked by the Coast microburst zone. Localization of high-strain zones aural the arrangement are associated with sheeted, oxidized, sulphide-bearing quartz veins and microburst zones that accept been articular in bulge with a bang breadth of 4.6 km and 1.5 km wide, which charcoal accessible in all directions. Discrete gold address quartz veins and shears trend up to ~1 km in bang with 500m of vertical admeasurement and are up to 15m in width. They host capricious amounts of gold mineralization, breakable pyrite and broadcast pyrite with chalcopyrite.

GEOLOGIC MODEL – NEW OROGENIC GOLD SYSTEM

Exploration programs accept accepted the admeasurement of aerial brand gold mineralization aural assorted quartz veins and microburst zones, aural the Big Show high-strain breadth acknowledging an all-encompassing orogenic gold arrangement aural the Gold Standard property. The abiding faulting and shearing aural this structural aisle on the Gold Standard acreage provided all-encompassing conduits for mineralizing fluids and favorable sites for mineralization (link to image). Aural the Big Show Zone, veins action in an en-echelon arrangement to the bounded north-northwest acclimatization of the above microburst zones. These orogenic characteristics are constant with gold-bearing mineralized veins and microburst zones in several mining districts globally.

Orogenic gold systems are generally abysmal abiding and are mined to base of 1 to 3 kilometres (orogenic Archetypal 1). Approximately 67 % of Canadian gold assembly comes from this blazon of geologic setting, with examples including adjacent to the south Talisker Resources Bralorne Pioneer affected in British Columbia (4.17 Moz) with base to 2km, and Couer Mining’s Kensington abundance aloof to the North in Juneau Alaska additionally including abounding regions aural the Canadian absorber including Kirkland Lake (>40 Moz), Timmins (>70 Moz), Val d’Or/Noranda (>69 Moz) and Red Lake gold camps (>29 Moz). These gold deposits about accommodate boilerplate mining grades of ~5 gpt Au to ~15 gpt Au, agnate to what is begin at the Gold Standard property. Added orogenic systems are currently actuality explored such as Great Bear Resources Dixie activity that affirm agnate grades in conduct (orogenic archetypal 2).

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Dan Stuart President and CEO states:

“The Goldstandard property has accustomed its amazing gold abeyant with the analysis of the Goldzilla articulation breadth and several added high-grade orogenic gold veins. These orogenic gold systems are frequently mined to base of 1 to 3 kilometres. This geologic ambience and archetypal accept accurate to host several world-class, high grade, multimillion ounce deposits. Approaching analysis has accomplished abeyant to aggrandize on these discoveries both forth bang and at depth. This activity has already garnered the absorption of several miners and institutions akin acknowledging the acceptation of this discovery. We attending advanced to the countdown assignment affairs advised to trace the analysis breadth to abyss and along strike.”

Qualified Person

Rein Turna, P. Geo. is the able being as authentic by National Instrument 43-101, for Juggernaut Analysis Ltd., and supervised the alertness of, and has advised and approved, the abstruse advice in this release.

Other

All samples were ashamed and burst at ALS Global ISO 17025:2005 accepted geochemistry lab in North Vancouver, BC. Assignment amount samples were crushed, breach and burst to 250 g pulp. The sample pulps were analyzed for gold by blaze appraisal adjustment (Au-AA24) and were additionally assayed application multi-element aqua regia digestion. Samples were analyzed application ALS appraisal action ME-ICP41m and MS-ICP61m. ME-ICP is an aqua regia (partial) assimilation with inductively-coupled claret (ICP)mass diminutive discharge spectroscopy (ICP-AES) accomplishment for 36elements. MS-ICP61m is a four acerbic assimilation with ICP accumulation spectrometry accomplishment for 49 elements. Over-limit samples for copper, advance and zinc were reanalyzed by blaze appraisal with a gravimetric accomplishment (OG46 and OG62). Rigorous procedures are in abode apropos sample collection, alternation of aegis and abstracts entry. QA/QC samples including blanks, standards, and alike samples were amid consistently into the sample sequence.

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For added advice amuse contact:

Juggernaut Analysis Ltd.Dan Stuart604-559-8028Director, President and Chief Executive Officerwww.juggernautexploration.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

FORWARD LOOKING STATEMENT

Certain acknowledgment in this absolution may aggregate advanced statements that are accountable to abundant risks and uncertainties apropos to Juggernaut’s operations that may account approaching after-effects to alter materially from those bidding or adumbrated by those advanced statements, including its adeptness to complete the advised clandestine placement. Readers are cautioned not to abode disproportionate assurance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE ANY SECURITIES DESCRIBED IN IT.

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