Juggernaut 10,000 Meter Inaugural Drill Program Commenced On New District Scale High-Grade Gold Silver Copper Rich Discovery At 100% Controlled Big One Property, Golden Triangle, B.C

Juggernaut Exploration Ltd. announced the commencement of its fully funded, inaugural 10,000-meter drill program on the Big One property in the Golden Triangle, British Columbia. The program targets the newly defined Eldorado Zone, specifically the Big Mac, Whopper, and Gold Dome zones, where surface sampling has returned exceptional high-grade results up to 263.70 g/t AuEq.

Petrographic studies confirm the presence of coarse-grained, free-milling gold (up to 150 microns) and magmatic fluid inclusions, suggesting a potential porphyry-style source similar to the nearby Galore Creek deposit. The release also notes the grant of 2,200,000 stock options to directors, officers, and consultants at an exercise price of $1.61, fully vested and exercisable immediately.

This follows a clear progression: initial discovery announcements in late 2025, drill permit acquisition in November 2025, program announcement in January 2026, mobilization in May 2026, and now commencement in July 2026.

Juggernaut Exploration Ltd. (JUGR) has commenced its drill program, a routine execution milestone that was fully funded, permitted, and announced months in advance. The market has already priced in this timeline, and the news confirms the execution of the previously outlined plan without introducing new geological surprises or financial changes.

The company also granted stock options, representing incremental dilution of approximately 5.8% of current shares. This grant is standard for management alignment and does not materially alter the capital structure.

Funding status remains robust. The company received $10.34 million from the 100% exercise of $0.75 warrants in late June 2026, bringing total capital raised to over $35 million. Management states the company is funded until 2029.

Juggernaut Exploration Ltd. is a British Columbia-focused junior explorer with a portfolio of four projects: Big One (flagship), Midas, Bingo, and Empire (written off).

The Big One Property is 100% controlled, covering approximately 40,861 hectares in the Golden Triangle. The flagship Eldorado System spans 22 km² and includes the Big Mac, Whopper, Gold Dome, and Gold Swarm zones. Mineralization is hosted in shear zones up to 50 m wide with veins up to 10 m wide. Surface sampling shows exceptional grades, with 41% of 527 Eldorado samples assaying >1 g/t AuEq. Petrography confirms free-milling gold and porphyry-style alteration.

Infrastructure includes year-round helicopter access. The Canadian government has committed $20M to improve the Galore Creek Road within 15 km. The property qualifies for the Critical Mineral Exploration Tax Credit (CMETC).

Other projects include Midas (Eskay-style VMS), Bingo (shear-hosted), and Empire (impaired/written off).