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Vancouver, British Columbia – TheNewswire - October 27, 2026 – Juggernaut Exploration Ltd (JUGR.V) (OTCQB: JUGRF) (FSE: 4JE) (the “Company” or “Juggernaut”) is pleased to announce new assay up to 239.02 g/t Au or 7.68 oz/t Au from surface samples collected from the gold-rich Goldswarm Discovery within the newly discovered gold, silver, copper system on the 100% controlled Big One property (the “Property”), Golden Triangle, British Columbia. Extensive gold mineralization has been confirmed over an area of 550 m by 500 m that remains open and is drill ready in the central part of the 3 km2 Goldswarm Discovery located in the northwestern part of the Big One property. Results from the additional sampling and mapping carried out during the 2026 field season, as well as data from previous years, will be used to design the inaugural drill program on Goldswarm planned for 2027.

Big One – Drill Ready Goldswarm Discovery highlights

• The Gold Swarm Discovery is a 3 km area of strong gold potential with 100 gold-rich polymetallic veins exposed on surface for 450 m and up to 4.5 m wide with up to 700 m of vertical relief and remains open.  

Link to Goldswarm Discovery Map

• Mineralization in the central 550 m by 500 m area consists of closely spaced stacked gold-mineralized veins containing galena, sphalerite and chalcopyrite, surrounded by a vast area of strong propylitic alteration.  

• The main high-grade BigBoa vein within the Goldswarm system demonstrates predictable and consistent high-grade gold mineralization on surface for 450 m of strike where 20 samples assayed 5 g/t AuEq including 15 samples 15 g/t AuEq, remains open.  

Link to Goldswarm Discovery Figure

• Grab samples collected during the 2026 field season assayed up to 239.02 g/t Au or 7.68 oz/t Au).  

• Channel cuts assayed up to 4.51 g/t AuEq (3.68 g/t Au, 11.45 g/t Ag, 0.21 % Cu, 0.41 % Pb, 0.21 % Zn) over 4.36 m. ( see News Release from November 10, 2025 ).  

• Within the Goldswarm Discovery a total of 21 samples assayed 10 g/t AuEq, 29 samples assayed 5 g/t AuEq and 37 samples assayed 1 g/t AuEq.  

• The planned 2027 inaugural drill program will consist of multiple drill holes designed to target the high-grade gold mineralization seen in stacked veins and surrounding propylitic alteration on surface along 500 m of strike that remains open.  

Manuele (Lele) Lazzarotto, President and COO of Juggernaut Exploration states: “Work carried out during the 2026 season has confirmed consistent high-grade gold mineralization on surface over 550 m x 500 m area that remains open on the Goldswarm Discovery providing for strong drill targets for the planned fully funded 2027 drill program on the Big One property. The results confirm consistent gold grade and mineralization throughout the veins and alteration zone at Goldswarm providing excellent drill targets. Advancements in the geologic and structural understanding resulting from the inaugural drill program point to a promising geologic footprint across the Big One property, including the presence of pervasive propylitic alteration and mineralization observed throughout which strongly suggests proximity to a buried porphyry source. Drilling at the Motherlode Zone also intersected broad, altered intervals featuring dense quartz-sulphide veining where alteration increases with depth, consistent with what is seen in a porphyry system. We look forward to reporting multi-element assays results, which include silver, copper, lead and zinc, as they are received, compiled and interpreted in the near future.”

Table 1: Gold assay results for 2026 Goldswarm surface samples.

Big One – Eldorado System drilling update

New drill assay results from the Motherlode Zone include drill hole BO-26-29, which intersected 2.57 g/t Au over 3.00 m, including 6.08 g/t Au over 1.26 g/t Au as well as 0.67 g/t Au over 4.00 m, including 2.32 g/t Au over 1.00 m. Drilling from the Motherlode Zone resulted in broad intervals spanning the entire drill hole length containing numerous, closely spaced quartz-sulphide veins up to 1 m wide with variable amounts of galena, sphalerite and pyrite, hosted in strongly sericite-chlorite altered granodiorite rock where the intensity of alteration appears to increase with depth. Pervasive propylitic alteration outside the veins and shear zones has been confirmed in all drill holes that intercepted the Whopper, Big Mac and Motherlode zones to date, strongly indicating proximity to a buried porphyry source.

The best intervals confirmed to date include drill hole BO-26-4 from the Big Mac Zone which intercepted 3.20 g/t Au over 4.02 m, including 10.76 g/t Au over 1.09 m (see news release from September 10, 2026) and drill hole drill hole BO-26-11 which intercepted 3.08 g/t Au over 5.03 m including 6.97 g/t Au over 2.00 m (see news release from September 10, 2026).

Based on the 2026 gold assay drill results, it appears that the gold in the veins from the Whopper and Big Mac zones is coarse grained and sporadic, although the veins, shear and associated alteration are more consistent. Multiple occurrences of visible gold alongside coarse-grained, free-milling gold up to 150 microns in size, have been identified in surface samples, further corroborating variable distribution of the gold within the veins.

The reported assay results only reflect gold. Complete assay results will be reported once multi-element analyses, which include silver, copper, lead and zinc, are completed in the near future.

Table 2: Gold assay results for second batch of 2026 drill holes.

Big One Gold-Rich District-Scale System Highlights:

• The district-scale Eldorado System covers an area of 22 km that remains wide open where grab samples assayed up to 263.70 g/t AuEq or 8.48 oz/t AuEq (256.60 g/t Au, 546.00 g/t Ag, 0.43 % Cu, 0.41 % Pb and 0.01 % Zn) from 400 mineralized veins that remain open and are up to 10 m wide, hosted in shear zones up to 50 m wide, and are exposed on surface for 500 m with 1 km of vertical relief.  

• The Gold Swarm Discovery is a 3 km area of strong gold potential with 100 gold-rich polymetallic veins exposed on surface for 200 m and up to 4.5 m wide with up to 700 m of vertical relief, where grab samples assayed up to 239.02 g/t Au or 7.68 oz/t Au that remains open.  

• 41% (219 samples out of 527) collected within the Eldorado System in 2024-2026 assayed 1 g/t AuEq; 73% (37 samples out of 51) collected within the Gold Swarm Zone in 2024-2026 assayed >1 g/t AuEq. 

• Gold samples up to 256.60 g/t or 8.25 oz/t, silver samples up 2810 g/t or 90.34 oz/t, and copper samples up to 14.40 % were collected on Big One.  

• Results from a petrographic study prepared by the Colorado School of Mines confirmed that gold occurs as relatively pure, free milling gold up to 150 microns in size. Additionally, fluid inclusions with both liquid and gaseous CO bubbles have been observed within the gold-mineralized quartz veins indicating that fluids are generated at high-pressures confirming a magmatic origin, potentially a porphyry. 

• The polymetallic veins, alteration signature, geochemical path finder element signature, and geophysical anomalies strongly indicate the presence of a large common buried gold, silver, copper rich porphyry feeder source or similar magmatic source or sources at depth responsible for the extensive district scale high-grade gold, silver, copper veining confirmed on surface. 

• Detailed mapping has confirmed that mineralization at Eldorado and Gold Swarm is linked to a Jurassic to Cretaceous transpressional system and intrusive sources, coeval with the magmatic events that formed the nearby multi-million-ounce Galore Creek copper, gold, silver porphyry deposit. 

• The district scale system shows widespread porphyry-style propylitic alteration, with the final phase of alteration occurring simultaneously with mineralization, which will help vector towards the potential source of the mineralization seen in the gold-rich shear zones and veins on surface that remain open. 

• Mineralized veins and shear zones were emplaced through brittle-ductile deformation during and after the Jurassic period, forming a major structural corridor at Big One defined by northeast, east, and northwest trends, confirming common orientations as well as similar geochemical signatures and textures of the gold-mineralized veins along the 15 km Highway of Gold corridor surrounding the snowcap of Deeker Glacier strongly indicating that the gold-rich mineralization found throughout is all part of one district-scale gold system that remains open. 

• The overall geochemistry of the gold-rich mineralized veins is clean with no occurrence of deleterious elements such as mercury or arsenic. 

• The 5-year drill permit valid until March 31, 2031, will allow the Company to define the extent of the mineralization at depth as well as fully understand the geometry of the system and related drivers of the mineralization in preparation for a future resource.  

The Big One property is situated in a region that is well known for hosting precious metal and porphyry deposits, several of which occur near the property including the multiple porphyry systems at Galore Creek, the world’s largest known gold reserve at KSM and the polymetallic copper project at Shaft Creek, as well as the Brucejack high-grade epithermal gold deposit, and the structurally controlled high-grade hydrothermal gold-silver zones at Trophy and Sphal Creek. The property geology is favorable to host these types of deposits as confirmed by the presence of extensive areas of propylitic alteration, untested geophysical anomalies, strong silt, soil and rock geochemistry including path finder elements directly related to porphyry systems, key structures and textures, porphyry-style mineralization, and high-grade polymetallic veins, that have been discovered on the Big One property.

The Big One property can be accessed year-round via helicopter from the Glenora/Telegraph Creek Road at the Barrington Mine (33 km to the north-northeast) as well as the Galore Creek Road (15 km to the southeast). The Canadian government committed $20 M to extend/improve the Galore Creek Road to within 15 km of the Big One property. The property is 2 km west of the Scud River airstrip used in the early days of Galore Creek.

The Big One property exploration qualifies for the Critical Mineral Exploration Tax Credit (CMETC).

Table 3: Collar information for reported holes.

Qualified Person

Rein Turna, P. Geo is the qualified person as defined by National Instrument 43-101, for Juggernaut Exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.

Disclaimer

The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.

QA/QC Protocol

Oriented NQ-diameter diamond drill core from the drill program is placed in core boxes by the drill crew contracted by the Company. Core boxes are transported by helicopter to the staging area and then transported by truck to the core shack. The core is then re-orientated, meterage blocks are checked, meter marks are labelled, Recovery and RQD measurements taken, and primary bedding and secondary structural features including veins, dykes, cleavage, and shears are noted and measured. The core is then described and transcribed in MX Deposit data management software. Drill core containing quartz breccia, stockwork, veining and/or sulphide(s), or notable alteration is selectively sampled in lengths of 0.5 to 1.5 meters. Samples are selected from continuous intervals of mineralization and/or other relevant geological features, including shoulder samples that extend for 3 meters into adjacent unmineralized and/or unaltered country rock. Along barren core intervals devoid of mineralization or significant geological features, one 1 meter sample is collected every ten meters. Core samples are cut lengthwise in half: one-half remains in the box and the other half is inserted in a clean plastic bag with a sample tag. The bagged samples are then weighed and secured with a zip tie. Certified reference materials (CRMs), blanks and duplicates are added in the sample stream at a rate of 10%. To ensure analytical anonymity, CRM identification labels are removed prior to submission to the laboratory. Additional out-of-sequence blanks are introduced immediately following core samples that contain visible gold to the naked eye (VG-NE) or visibly high-grade sulphide mineralization.

Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples are then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, certified reference materials, and duplicate samples are inserted regularly into the sample sequence at a rate of 10%.

All samples are transported in rice bags sealed with numbered security tags. The rice bags are transported from the core shacks to the MSALABS facilities in Terrace, BC. MSALABS is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. The core samples undergo preparation via drying, crushing to ~70% of the material passing a 2 mm sieve and riffle splitting. The sample splits are weighed and transferred into three plastic jars, each containing between 300 g and 500 g of crushed sample material. A 250 g split is pulverized to ensure at least 85% of the material passes through a 75 µm sieve. The crushed samples are transported to the MSALABS PhotonAssayTM facility in Prince George, where gold concentrations are quantified via photon assay analysis (method CPA-Au1). Samples that result in gold concentrations ≥5 ppm are analyzed to extinction. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, inducing the emission of secondary gamma rays, which are measured to quantify gold concentrations. The assays from all jars are combined on a weight-averaged basis. Multielement analyses are carried at the MSALABS facilities in Surrey, BC, where 250 g of pulverized splits are analyzed via ICF6xx and IMS-230 methods. The IMS-230 method uses 4-acid digestion (a combination of hydrochloric, nitric, perchloric and hydrofluoric acids) followed by inductively coupled plasma emission spectrometry to quantify concentrations of 48 elements. Samples with over-limit results for Ag, Cu, Pb and Zn undergo ore-grade analysis via the ICF-6xx method (where ‘xx’ denotes the target metal). This method employs 4-acid digestion followed by inductively coupled plasma emission spectrometry.

Gold Equivalent (AuEq) metal values are calculated using: Au 4004.43 USD/oz, Ag 48.80 USD/oz, Cu 5.09 USD/lbs, Pb 2026.43 USD/ton and Zn 3054.88 USD/ton on October 31, 2025. There is potential for economic recovery of gold, silver, copper, lead, and zinc from these occurrences based on other mining and exploration projects in the same Golden Triangle Mining Camp with similar style of high-grade gold mineralization where Juggernaut’s project is located such as the Brucejack Mine and the Homestake Ridge Gold Project. Here, AuEq values were calculated using multi-year running averages for metal price, and included provisions for metallurgical recoveries, treatment charges, refining costs, and transportation. Recoveries for Au, Ag, Cu, Pb and Zn on Big One are not known but are assumed to be similar with 85 % gold recovery, 75 % silver recovery, 75 % copper recovery, 75 % zinc recovery and 50 % Pb recovery. The quoted reference of metallurgical recoveries is not from Juggernaut’s Big One project and there is no guarantee that such recoveries will ever be achieved, unless detailed metallurgical work such as in a Feasibility Study will be completed on the Big One project.

Drill core intervals are reported as drill lengths, where the true width is estimated to be 80-90% of the length. The widths of the mineralized intervals were defined to reflect both the assay results and the mineralized veining observed in drill core. Veining constrains the local width of the mineralized zone, while assay results define the grade distribution within that zone. Reported intervals are therefore intended to represent geologically meaningful zone widths at the point of intersection.

The reported assays of drill intervals were calculated as length-weighted average grades using the individual sample assay results and their corresponding sample lengths. The average grade for each interval was determined by dividing the sum of the products of each sample grade and sample length by the total sampled interval length (Σ[grade × sample length] / Σ[sample length]). This method accounts for variations in sample length and provides a representative average grade over the reported interval.

For more information, please contact:

Juggernaut Exploration Ltd.

Dan Stuart

Chief Executive Officer

Tel: (604)-559-8028

www.juggernautexploration.com

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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, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements.

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