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Edmonton, AB – July 7, 2022 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG)  is pleased to announce theapproval of aNew Brunswick Junior Mining Assistance Program grant of $10,000 for the Taylor Brook zinc – lead – silver – copper Property in New Brunswick.  This grant will be used for the exploration program of line cutting, magnetometer and VLF geophysical surveys and geological mapping on the newly staked claims (see press release December 20, 2021).  This grant implies the importance of exploration to the government and communities of New Brunswick. 

Jaeger has also received the work permit for the exploration program on the property.  It is anticipated that the line cutting will start in July followed by the magnetometer and VLF geophysical surveys.  Geological mapping will follow.

Jaeger is also pleased to announce the final completion of a Horizontal Loop Electromagnetic (HLEM) geophysical survey on its Taylor Brook Property in New Brunswick.  This survey was conducted in order to better define a strong VLF conductor (see press releases of December 15, 2021 and June 2, 2022).  An additional two grid lines (L3100W and L3400W) have been recently surveyed (see website maps for location of grid lines at www.jaegerresources.com).  

The Company’s consulting geologist is presently field mapping the four lines of HLEM survey as well as locating and following a pyritic mineralized horizon that was mapped in 1998.  This pyritic outcrop / conductor was referenced in the June 2, 2022 press release. Mapping will include outcrop sampling for lithogeochemical purposes. 

Jaeger will be following up on the scandium exploration project in British Columbia in August (see press release of April 19, 2022).   The scandium project in New Brunswick is ongoing when the consulting geologist is available.   

The Company’s CEO visited a placer gold and mineral property in British Columbia in early June on behalf of a prospector. Sampling of outcrops was undertaken. Analytical results will be reported when received.   

Management at Jaeger Resources has an open-minded approach of creating and using new ideas and techniques for exploration and development.

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc – lead – silver – copper property in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)

CEO, Jager Resources Corp.

info@jaegerresoures.com

www.jaegerresources.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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, Alberta, – June 2, 2022 – Jaeger Resources Corp.  (TSXV: JAEG) (“Jaeger” or the “Company”) is pleased to announce the completion of a Horizontal Loop Electromagnetic (HLEM) geophysical survey on its Taylor Brook Property in New Brunswick.  This survey was conducted in order to better define a strong VLF conductor (see press release of December 15, 2021).  Two grid lines (L3800W and L3900W) were surveyed.  

Results indicate a near surface conductor dipping approximately 70 to 80 degrees to the south.  This conductor has an interpreted easterly strike length of approximately 1400 metres which is truncated by a northwesterly fault.  The westerly extension will be the focus of geophysical exploration in 2022.  To the east of the fault, this VLF conductor is continuous and is associated with scattered pyritic sulphide showings.  Field mapping of this conductor will be conducted in 2022.  

This conductor is closely associated with a magnetic anomaly which is interpreted as a metagabbro.  It is noted that the Taylor Brook deposit is also associated with a VLF conductor and metagabbro.  

An interpolated map showing the relationship of the VLF conductors with magnetics is presented on the Company website (www.jaegerresources.com).  

The updated VLF and magnetometer maps together with the grid-claims map are also posted on the Company website.    

Several additional moderate to strong VLF conductors have been identified as high priority targets within the property boundary and the majority of these conductors have not been drill-tested.    

This work together with the lithogeochemical surveys indicate numerous geological indicators with the potential for further discoveries.  

The Taylor Brook area is not so much a single zinc-lead-silver-copper deposit but a property with additional potential deposits. 

About Jaeger Resources Corp. 
Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. (see press release of February 22, 2017) to explore and develop the Taylor Brook zinc – lead – silver – copper property in the Bathurst Mining Camp, New Brunswick, Canada. 

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.  

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person. 

On Behalf of the Board, 

“Bruce W. Downing”  

 
Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon) 
CEO 
Email: info@jaegerresources.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 the accuracy of this press release.  We seek Safe Harbor.   

Not for release in the United States.  

Notice Regarding Forward-Looking Statements 

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property. 

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. 

Jaeger Resources Corp. – April 19, 2022 (TSX – V: JAEG) is pleased to announce that it has signed a Memorandum of Understanding for the exploration of scandium on a property in British Columbia.

A property of merit was identified by Mr. Bruce Downing as having a potential for scandium.  Preliminary prospecting was initiated in 2021 and grab samples of various rock types from an Alaskan-type zoned intrusion were collected.  The area is accessible via logging roads and the samples are from several scattered occurrences.

The results are tabulated below:

	Analytical Method		FA350	FA350	MA250	MA250	LF300
	Element		Pt	Pd	Sc	Te	Sc
	Rock Type		PPB	PPB	PPM	PPM	PPM
GH21009	hornblendite	talus	5	18	65.2	4.11	59
GH21019	hornblendite	outcrop	57	24	91.3	5.28	84
GH21020	hornblendite	outcrop	4	7	108.5	5.92	104
GH21021	feldspar hornblendite	talus	<3	6	38	1.05	36
GH21022	hornblendite	talus	39	24	107.2	2.81	98
GH21023	feldspar hornblendite	talus	4	10	40.8	1.23	38
GH21024	hornblendite	talus	<3	12	38.4	1.61	35
GH21010	Altered breccia	outcrop	180	3	3.7	7.74	3

Samples were sent to the Bureau Veritas facility in Vancouver for preparation and analysis using their FA350, MA250 and LF300 analytical methods.  All samples were subjected to both a four-acid digestion followed by ICP-MS (MA250) and a lithium metaborate fusion followed by ICP-ES (LF300).  It is imperative that a proper digestion and analytical method be used for scandium.  It is also important that a multi-element scan be done for trace element content which may impact the potential economics of a deposit. 

Scandium results indicate that the MA250 and LF300 methods are compatible.  It is interesting to note the presence of tellurium and that tellurium and scandium appear to correlate.  The platinum and palladium values are also of interest.  

The scandium results are very encouraging and a more detailed prospecting, mapping and sampling program will be conducted in 2022.  Petrographic studies will be conducted in order to determine the mineralogy.  The field-identified hornblendite may in fact be composed of pyroxenes.

Another area of scandium interest is located on Jaeger’s Taylor Brook Property, New Brunswick (see press release July 19, 2021).

Significant ilmenite was identified in the meta intrusive unit (diabase – gabbro).  This unit can be mapped in the field based on the high magnetics derived from the magnetometer geophysical survey (see magnetic map on website www.jaegerresources.com/projects/#taylor-7 ).  

The results are tabulated below:

		TiO2	Sc
		%	PPM
meta gabbro	outcrop	3.71	34
meta gabbro	outcrop	4.18	40
meta gabbro	outcrop	3.44	37
meta gabbro	outcrop	3.23	30
meta gabbro	outcrop	3.77	35

The samples were analyzed at the ActLabs laboratory in Ancaster, Ontario.  The major oxides were analyzed using the WRA+ICP 4Litho package which employs a lithium metaborate / tetraborate fusion.  The resulting molten bead is rapidly digested in a weak nitric acid solution.  Analysis is by ICP-OES and ICP-MS.

There are elevated scandium concentrations in this unit.  The scandium probably occurs in the ilmenite but may also be present in the amphibole. The titanium (TiO₂) is due to the presence of ilmenite which alters to sphene with trace rutile.  Modal estimates of ilmenite range from 5 to 8 percent.  Magnetite is also present.

It is also imperative that the proper analytical method and digestion be conducted to determine the trace element content of resistates such as ilmenite and magnetite.  Additional sampling of outcrops on the property for further exploration of scandium is ongoing.  Similar scandium concentrations also occur in the mafic unit associated with the Stratmat deposit.

Scandium is now listed as a rare metal by both the United States and Canadian governments and a “made in North America” supply chain is warranted.  The recent Canadian federal Government budget has included a Critical Mineral Exploration Tax Credit.  The tax credit would apply to certain exploration expenditures targeted at nickel, lithium, cobalt, graphite, copper, rare earths elements, vanadium, tellurium, gallium, scandium, titanium, magnesium, zinc, platinum group metals, or uranium.

About Jaeger Resources Corp.
Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. (see press release of February 22, 2017) to explore and develop the Taylor Brook zinc – lead – silver – copper deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)
CEO
Email: info@jaegerresources.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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Memorandum of Understanding.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, Alberta, – December 20, 2021 – Jaeger Resources Corp.  (TSXV – : JAEG) (“Jaeger” or the “Company”) is pleased to announce the recent acquisition by staking of 9 claims (198 hectares) that now extend the Taylor Brook Property to the west which joins the north-eastern boundary of Trevali’s Stratmat Property.

The purpose of this acquisition is to cover the open and under-explored ground that may have mineralization potential as deduced from the recent magnetometer and VLF geophysical surveys announced in the recent press release (see press release of December 15, 2021).  

From a preliminary review, there appear to be several VLF and magnetic anomalous areas at the northwestern edge of the grid that have to be followed up, which would entail additional line cutting and grid extension. 

New and untested magnetometer and VLF anomalies which have been delineated over the Taylor Brook Property have the potential for discovering new and additional zinc – lead – copper – silver zones.  This style of geophysical characteristics appears similar to the Stratmat deposit located approximately six kms to the southwest of Taylor Brook.  

No major drilling has been conducted on the Taylor Brook Property since 1996 and the Company believes that the majority of the previous 1995/1996 drilling may have been in the wrong direction.  As a result of the recent geophysical surveys and data compilation that have been carried out, a newer interpretation of the geology of the deposit is evolving.

A favourable geological setting together with results of the work done to date show that the property has the potential for additional drill untested geophysical targets.

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc – lead – copper – silver deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)
CEO
Email: info@jaegerresources.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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, Alberta, – December 15, 2021 – Jaeger Resources Corp.  (TSXV: JAEG) (“Jaeger” or the “Company”) is pleased to announce the completion of its Very Low Frequency (VLF), and magnetometer geophysical surveys on its Taylor Brook Property in New Brunswick. Approximately 30 km of new grid was completed and surveyed. This recently surveyed area has not been explored since 1996-7 and was a follow up of the exploration work conducted in 2020 (see press release dated August 4, 2021).

Due to the late completion of the survey, the anomalous areas were not field-prospected and mapped in detail because of snow cover. Areas warrant further work by way of a Horizontal Loop Electromagnetic (HLEM) survey to map the geophysical conductors in detail. 

The updated VLF and magnetometer maps together with the grid-claims map are posted on the Company website.   

Several moderate to strong VLF conductors have been identified as high priority targets within the property boundary and the majority of these conductors have not been drill-tested.   

This work together with the lithogeochemical surveys indicate numerous geological indicators with the potential for further discoveries.

The Taylor Brook area is not so much a single zinc-lead-silver-copper deposit but a property with multiple potential deposits.

About Jaeger Resources Corp.
Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. (see press release of February 22, 2017) to explore and develop the Taylor Brook zinc – lead – silver – copper property in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)
CEO
Email: info@jaegerresources.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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, Alberta – August 5, 2021 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG) is pleased to provide an update on the Company’s exploration activities on its Taylor Brook zinc–lead–silver-copper property in the Bathurst Mining Camp, New Brunswick, Canada.

New Brunswick Work Permit

The Company announces the receipt of its work permit from the Natural Resources and Energy Development Branch, New Brunswick.

The exploration plans for 2021 will include extending the ground-based grid westward to the Trevali – Jaeger claim boundary that will encompass 30 kms of line cutting.  VLF, magnetometer and HLEM geophysical surveys will be conducted over this new grid.  Geometallurgical studies will also continue.

This exploration program follows up on the VLF, HLEM and magnetometer surveys conducted in 2019 and 2020 which outlined some anomalous areas of interest (see press releases dated April 26 and 29, 2021).    

New Brunswick Junior Mining Assistance Program

The Company would like to acknowledge the successful application for financial support from the New Brunswick Junior Mining Assistance Program which will aid in the funding of the 2021 exploration program.

DigiGeo Data Maritimes Map

The Company announces that the new Maritimes Map as produced by DigiGeo Data is now available (see www.digigeodata.com).  This map shows Jaeger Resource’s land position and the Taylor Brook Property in the Bathurst Mining Camp, New Brunswick.

The Company’s website (www.jaegerresources.com) has been updated regarding technical information and maps which complement the extensive database created from the previous geophysical surveys, geometallurgical studies and historic exploration drilling of the Taylor Brook Property.  The reader is encouraged to review the updated technical information, maps and press releases.

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc–lead––silver-copper property in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)

CEO

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Jaeger Resources Corp. – July 26, 2021 (TSX – V: JAEG) is pleased to announce preliminary results and interpretations of a petrographic study on selected samples of drill core from the Taylor Brook Property in New Brunswick.  This is in conjunction with the lithogeochemical – geometallurgical study as reported in the September 15, 2020 news release.

Historic drill logs were reviewed for the purpose of identifying an iron formation unit that could be used to compare with known iron formations within the Bathurst Mining Camp which are associated with various deposits.  Two drill holes were selected from the 1996 drilling program.  The drill core is stored at the New Brunswick Madran core storage facility and is easily accessible.

Interpreted exhalite sections have been identified which form part of the mineralized sections and have been reported previously associated with the Taylor Brook deposit (see February 26, 2020 news release).

This study identified the core samples as being a possible iron formation-like unit (IF) from the presence of magnetite ranging from 15% in one drill hole to 5% in the other. Chalcopyrite was also identified as rare inclusions in magnetite in one drill hole.  Carbonate up to 10% is also present with 3 to 5% quartz.  Apatite and rutile occur as trace accessories.  This iron formation unit is a sericitic – chloritic foliated intermediate/mafic meta lapilli tuff.  Magnetite has not been identified (to date) in the zinc – lead – silver – copper mineralized sections.  This IF may be unique to the Taylor Brook deposit and not part of the iron formation stratigraphy associated with other deposits but is significant as it overlies massive to semi-massive sulfide sections.

The IF has not been located in outcrops on the property to date.  This may be due to weathering though this unit could be detected by a ground-based magnetometer survey.  This IF has been reported in other drill logs and can be used as a marker horizon.

The samples were analyzed at the ActLabs laboratory in Ancaster, Ontario.  The major oxides were analyzed using the WRA+ICP 4Litho package which employs a lithium metaborate / tetraborate fusion.  The resulting molten bead is rapidly digested in a weak nitric acid solution.  Analysis is by ICP-OES and ICP-MS. 

Barium concentrations in the IF are low (<1000 ppm) compared to the significant barium concentrations (>2000 ppm) in the exhalite – mineralized sections.  The Fe / Mn ratio is elevated in the IF relative to the surrounding lithologies.

Additional sampling of drill core and outcrops over the property for further lithogeochemical and geometallurgical work (including petrographic) is ongoing.

The thin section preparation was carried out by Vancouver Petrographics (Fort Langley, BC) and the petrographic report was prepared by Dr. Craig Leitch, (Saltspring Island, BC).  

Petrographic studies indicate the presence of similar rock types and mineralization to that of the Stratmat Deposit which is six km west of the Taylor Brook Deposit.  Indium maybe used to define different ore horizons and occurs in concentrations that warrant potential resource valuations that have been identified at the Brunswick 12 and Heath Steele Deposits.  There are also indium concentrations of comparable resource potential at the Stratmat Deposit.  Mineralization at Taylor Brook is part of a large district-wide system, albeit structurally divided.

This study provided additional information on the lithologies and types of alteration associated with various property structures and mineralized intercepts of economic interest as well as to compare these to known deposits in the Bathurst Mining Camp.

About Jaeger Resources Corp.
Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. (see press release of February 22, 2017) to explore and develop the Taylor Brook zinc – lead – silver – copper deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)
CEO
Email: info@jaegerresources.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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Jaeger Resources Corp. – July 19, 2021 (TSX – V: JAEG) is pleased to announce preliminary results and interpretations of a petrographic study on selected outcrop samples of a mafic unit from the Taylor Brook Property in New Brunswick.  This is in conjunction with the lithogeochemical – geometallurgical study as reported in the September 15, 2020 news release.

Significant ilmenite was identified in the meta intrusive unit (diabase – gabbro).  Compositionally, this unit contains altered plagioclase, actinolite, epidote, chlorite and accessory quartz.  This unit can be mapped in the field based on the high magnetics derived from the magnetometer geophysical survey (see magnetic map on website www.jaegerresources.com/projects/#taylor-7 ).  

The samples were analyzed at the ActLabs laboratory in Ancaster, Ontario.  The major oxides were analyzed using the WRA+ICP 4Litho package which employs a lithium metaborate / tetraborate fusion.  The resulting molten bead is rapidly digested in a weak nitric acid solution.  Analysis is by ICP-OES and ICP-MS.

TiO₂ (Ti) can be used to map the mafic intrusive and dykes which generally contain > 2% TiO₂.  The Ti is due to the presence of ilmenite which alters to sphene with trace rutile.  Ilmenite is replaced by pyrite in trace amounts with rare chalcopyrite.  Modal estimates of ilmenite range from 5 to 8 percent.  Where there is a weak magnetic response and intense alteration and deformation, then Ti together with Co, Cr, V and Sr can be used to distinguish this unit.  Magnetite has also been reported in this unit.

There are elevated scandium concentrations (30 to 40 ppm as identified to date from limited sampling) in this unit.  The scandium probably occurs in the ilmenite but may also be present in the amphibole.  It is also imperative that the proper analytical method and digestion be conducted to determine the trace element content of resistates such as ilmenite and magnetite.  Similar scandium concentrations also occur in the mafic unit associated with the Stratmat deposit.

Additional sampling of outcrops on the property for further exploration of scandium lithogeochemistry is ongoing.

The thin section preparation was carried out by Vancouver Petrographics (Fort Langley, BC) and the petrographic report was prepared by Dr. Craig Leitch, (Saltspring Island, BC).  

This study provided additional information on the lithologies and types of alteration associated with various property structures and mineralized intercepts of economic interest as well as to compare these to known deposits in the Bathurst Mining Camp.

About Jaeger Resources Corp.
Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. (see press release of February 22, 2017) to explore and develop the Taylor Brook zinc – lead – silver – copper deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, FGC, FEC(hon)
CEO
Email: info@jaegerresources.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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, Alberta, – April 29, 2021 – Jaeger Resources Corp.  (TSX – V: JAEG) (“Jaeger” or the “Company”) is pleased to announce the interpretation of its Very Low Frequency (VLF), Horizontal Loop Electromagnetic (HLEM) and Magnetometer geophysical surveys on its Taylor Brook Property in New Brunswick.  The interpretation report was supplied by Mr. David Bingham, PGeo., Saskatoon, Saskatchewan.

The interpretation of the geophysical data has greatly increased the geological understanding of the Taylor Brook Property which indicates that the area has potential for the discovery of new mineralized zones.     

The interpretated VLF-EM map is shown on the Company website (www.jaegerresources.com ).  The VLF data was Fraser filtered as well as being de-spiked with a small low pass filter (smoothing) applied.  Many VLF conductor trends are shown and picks were made for each conductor axis.  The relative VLF anomaly amplitudes were plotted as proportionally sized symbols.  Strong VLF-EM anomalies are also associated with the mineralized area (Taylor Brook Deposit).

A tilt derivative map of the magnetic data is shown on the Company website.  One of the major positive features of the tilt derivative is that it is very effective in allowing anomalies to be traced out along strike.  A major northwest – southeast trending magnetic structural linear is indicated in the magnetic map.  This magnetic linear is mapped as gabbro.  The major east – west trending magnetic linear represents a gabbro dike.

The drill holes of the Taylor Brook Deposit appear to flank a magnetic anomaly.  Strong VLF-EM and HLEM anomalies are also associated with the mineralized area.  Based on these results, further target areas can be based on the initial VLF surveys and should be followed up with a HLEM (MaxMin) survey.

A newly-interpreted geophysical map by the Company of the Taylor Brook Property indicates several VLF anomalies coincide with those on Trevali’s Stratmat Property. The Company anticipates  extending the grid westward to the Trevali – Jaeger claim boundary and conducting VLF, magnetometer and HLEM geophysical surveys. This interpretation has identified four kilometres of relatively under explored ground on the Company’s claims that is along strike from the Stratmat Deposit. 

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc – lead – copper – silver deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company and technical information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P. Geo, FGC, FEC (hon)
CEO
Email: info@jaegerresources.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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.

Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.

Edmonton, Alberta, – April 26, 2021 – Jaeger Resources Corp.  (the “Company”) (TSXV:JAEG) is pleased to provide an update on the Company’s exploration activities on its Taylor Brook zinc–lead–silver-copper property in the Bathurst Mining Camp, New Brunswick, Canada.

The Company’s website (www.jeagerresources.com) has been updated regarding technical information and maps which complement the extensive database created from the previous geophysical surveys, geometallurgical studies and historic exploration drilling of the Taylor Brook deposit and property.  The reader is encouraged to review the updated technical information and maps.

An exploration program consisting of Horizontal Loop Electromagnetic (HLEM) geophysical survey was conducted in 2020 to follow up on the VLF and magnetometer surveys (2019 and 2020) which outlined some anomalous areas of interest.  The Taylor Brook deposit was also surveyed.  The VLF, magnetometer and HLEM data were sent to a geophysical consultant for interpretation.  A favourable geological setting together with results of the work done to date show that the property has the potential for additional drill untested geophysical targets. 

Lithogeochemical and geometallurgical studies (Part One and Two) were carried out in 2019 and 2020.  These studies are important for understanding the geology, mineralization, trace elements, waste rock and tailings components of any deposit and their impact on the environment and reclamation.  This program also has the potential for discovering and locating additional mineralization on the property for follow-up drilling.  An interesting discovery is the presence of indium associated with zinc mineralization and scandium associated with a gabbro on the property.  Indium was an integral part of mineralization at the Brunswick 12 and Heath Steele deposits and could be of interest in deposits along the Stratmat Shear Zone.  More work is needed to quantify these elements.

The Company has initiated sharing exploration geophysical data through a Memorandum of Understanding with Trevali Mining Corp. (see press release of December 2, 2020) regarding Jaeger’s Taylor Brook Property and Trevali’s Stratmat Property.  The Stratmat “Shear Zone” is continuous onto the Taylor Brook Property and there are many similar geophysical anomalies that warrant further investigation.  Owing to similarities in geology, structures, lithogeochemistry and geophysical signatures, data co-operation is mutually beneficial to develop further deposits.  

The Bathurst Mining Camp is not so much a single zinc-lead-silver-copper deposit but a region with multiple potential deposits staggered along local and regional prospective structures and horizons.  These individual deposits may become economic if a system of toll mining is available within the Bathurst Mining Camp.  This scenario could become viable if the various companies would amalgamate their deposits into a toll entity with incentivization from Government. 

The Company is currently updating its exploration plans for 2021 which includes extending the grid westward to the Trevali – Jaeger claim boundary, conducting VLF, magnetometer and HLEM geophysical surveys and drilling.

New Brunswick Junior Mining Assistance Program

Jaeger would like to acknowledge financial support from the New Brunswick Junior Mining Assistance Program, which partially funded the grid extension, geophysical surveys and geometallurgical study.

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration Company focused on evaluating high potential, undervalued mineral properties for acquisition, which can be developed to give investors an attractive return on investment.  Jaeger has entered into an agreement with Stratabound Minerals Corp. to explore and develop the Taylor Brook zinc – lead – copper – silver deposit in the Bathurst Mining Camp, New Brunswick, Canada.

For further Company information, please visit the Company’s website at www.jaegerresources.com.

The technical content of this press release has been reviewed and approved by the Company’s CEO, Bruce W. Downing, as the Qualified Person.

On Behalf of the Board,

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P. Geo, FGC, FEC (hon)

CEO

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 the accuracy of this press release.  We seek Safe Harbor. 

Not for release in the United States.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, statements regarding the Taylor Brook Property.Actual results could differ from those projected in any forward-looking statements due to numerous factors.  Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms.  We are not in control of metals prices and these could vary to make development uneconomic.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.