Juggernaut Receives $1,071,710 Cash Tax Credit
09 September 2020 - 9:45PM
Juggernaut Exploration Ltd. (TSX V:JUGR) (OTCQB:JUGRF)
(FSE:4JE) (the “
Company“ or
“
Juggernaut”) is pleased to report that it has
received a cash tax credit of $1,071,710 from incurring qualified
exploration expenditures under the British Columbia Mineral
Exploration Tax Credit program for the 2017 and 2018 fiscal years.
Juggernaut is fully funded to execute inaugural
drill programs on both the 100% optioned Goldstandard and Goldstar
properties located in West Central BC, in close proximity to
infrastructure, providing for cost effective exploration.
Dan Stuart, President and CEO of
Juggernaut states:
“Juggernaut is in the unique position of being
fully funded with no further dilution required for drilling two
original bedrock discoveries, Goldstandard (link to video) and
Goldstar (link to video) that have confirmed High Grade
Pollymetallic Mineralization over significant widths at surface and
are drill ready. The inaugural drill program is planned for the
summer of 2021. With just over 17MM shares outstanding, Juggernaut
provides an excellent opportunity for investors to participate in
the ever-strengthening gold bull market.”
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 disclosure in this release may
constitute forward-looking statements that are subject to numerous
risks and uncertainties relating to Juggernaut’s operations that
may cause future results to differ materially from those expressed
or implied by those forward-looking statements.
For more information, please contact:
Dan Stuart
President and Chief Executive Officer
Juggernaut Exploration Ltd.
juggernautexploration.com
info@juggernautexploration.com
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