Juggernaut Drills 30.11 Meters Of Quartz-Sulphide Mineralization Intersects Big Mack Zone Over 450 Meters On Strike And To Depth Of 1/2 Km And Remains Wide Open For Expansion On New District Scale High-Grade Gold Silver Copper Discovery On 100% Controlled

Juggernaut Exploration Ltd. (JUGR) released initial observations from its maiden drill program at the Big Mac Zone on the Big One property in British Columbia’s Golden Triangle on August 19, 2026. The company reports that drilling has confirmed the Big Mac Zone over approximately 450 m of surface strike and approximately 500 m down-dip, with the zone described as open laterally and at depth.

The release highlights broad logged intervals of quartz-sulphide veining and shearing, though all assays for the reported drill holes are pending. The key reported downhole intervals include:

• BO-26-14: 30.11 m from 461.40 m to 491.51 m, including a first shear zone of 3.46 m from 461.40 m to 464.86 m; assays pending.
• BO-26-02: 11.22 m from 117.48 m to 128.70 m; assays pending.
• BO-26-18: 10.04 m from 374.51 m to 384.55 m; assays pending.
• BO-26-05: 9.12 m from 130.02 m to 139.14 m; assays pending.
• BO-26-07: 6.57 m from 153.66 m to 160.23 m; assays pending.
• BO-26-04: 5.26 m from 122.81 m to 128.07 m; assays pending.

Based on these initial observations, Juggernaut states that the drill program has been expanded by about 30%, increasing from approximately 10,000 m to approximately 13,000 m.

Surface sampling is being used to support the geological interpretation, including grab samples up to 114.60 g/t AuEq and a continuous channel sample of 4.89 g/t AuEq over 5.21 m. Additionally, the release states that microscopic inspection identified coarse-grained free-milling gold up to 150 microns, and that propylitic alteration in all holes intercepting the Big Mac vein indicates proximity to a buried porphyry core.

Juggernaut Exploration Ltd. (JUGR) released results confirming its maiden drill program has intersected the target structure over meaningful widths, a development that reduces some geological risk but does not address grade or economic risk. The company currently has no resource estimate, no reserve, no metallurgical recovery study, and no drill assay grade. Consequently, the release does not change the deposit economics or net asset value.

The market expectation anchor is significant in this context. Juggernaut’s stock already re-rated in late 2025 and early 2026 on the Big One surface discovery narrative, with the price moving from roughly C$0.89 in August 2025 to a high of C$1.92 in January 2026. The current price of C$1.29 is below the January high but remains well above the August 2025 level, indicating the market has already priced in the expectation that Big One is a real, drill-ready, high-grade district-scale system.

The new release provides width, alteration, and structural confirmation but lacks the assay evidence needed to clear that embedded expectation. The company has expanded the program, and if pending assays return strong grades over the reported true widths, particularly in hole BO-26-14, it could alter market perception. Conversely, if the assays show low-grade or discontinuous mineralization, the release could later be viewed as promotional.

Juggernaut Exploration Ltd is a Canadian junior exploration company focused on precious and strategic metals in the Golden Triangle of northwestern British Columbia. The company has no revenue and no producing assets, operating as a pure exploration entity. Its flagship asset is the Big One property, which the company describes as 100% controlled. The property size is described variously in the materials, but is approximately 39,000 to 41,000 hectares. The Big One property hosts the Eldorado system, including the Big Mac, Whopper, Gold Dome and Gold Swarm zones.

The company also holds or has held other projects, including Midas, which targets Eskay Creek-style VMS mineralization; Bingo, a high-grade shear-hosted system; and Empire, which was written off in fiscal 2025. Juggernaut has an indirect interest in the Golden Girl property through its interest in the B-ALL Syndicate. The provided news flow includes Gold Runner releases related to Golden Girl, but Golden Girl is not Juggernaut’s 100% controlled asset. Juggernaut’s disclosed interest in B-ALL is 13%.

Prior-period context from the financial statements shows that the company had C$19.3 million cash at March 31 2026 and working capital of about C$12.3 million. Subsequent to that, the company received C$10.3 million from warrant exercises in June 2026. The investor presentation states approximately C$30 million cash and funding into 2029, but that should be confirmed in the next audited or interim filing. The company has financed through flow-through private placements and warrant exercises. This provides exploration funding but also creates future expenditure obligations and potential dilution.

Management and technical advisers include individuals with Golden Triangle experience, and the company cites Colorado School of Mines petrographic work and Quinton Hennigh as technical support.