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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.

Edmonton, AB – December 30, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG)  is pleased to announce the results of its Annual, General and Special Meeting held on December 16, 2020. The meeting was held via conferencing.  All resolutions proposed at the meeting were duly passed.

The resolutions at the meeting consisted of the following: (1) electing all director nominees, as listed in the management information circular dated November 10, 2020, to the board of directors of the company; (2) reappointing Saturna Group Chartered Accountants LLP, Vancouver, as auditors of the Company for the ensuing year and authorization of the directors to fix the auditor’s remuneration; and (3) approval of the Company’s stock option plan. There was a total of 33,215,655 votes or approximately 60.8% of the Company’s issued and outstanding common shares represented at the meeting.

Russel Renneberg has accepted the role as Chairman of the Board, Bruce Downing as Chief Executive Officer and Don Bossert as Chief Financial Officer and Corporate Secretary. Russel Renneberg, Don Bossert and Mike Robb are members of the Company’s Audit Committee with Mr. Renneberg as Chairman of the Audit Committee.

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.

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 Annual, General and Special Meeting.

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, AB – December 15, 2020 – 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. Please see press releases of September 17 & 15, 2020 for updates of the geophysical and lithogeochemical surveys and October 7, 2020 for the preview of the geological model.  

Recent field work has included mapping of the VLF geophysical anomalies and re-sampling of some of the diamond drill core from the 1995 and 1996 drill campaigns. Mineralized and unmineralized outcrops have been sampled and will be sent out for lithogeochemical analyses.

From a review of the historical drill logs, a chloritic iron formation (or exhalite) was noted in three drill holes that was not previously sampled.  The significance of this unit is that it has been recognized and mapped at the former Brunswick Mine 12 deposit. A better understanding of the lithogeochemistry of the deposit will become more apparent as additional unsampled core from previous drilling is sampled. 

Further exploration is warranted, as the property has not been systematically explored and delineated laterally to the east or west (Stratmat area, see press release of December 2, 2020), nor to depth as the property has had very limited exploration.  This property appears to have several mineralized horizons and is folded with faulted offsets.  These may be stacked horizons due to different lithostratigraphic horizons or stacked due to structural deformation.  The property has the right host rocks, evidence of a mineralized system and potential for scale.

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

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, AB – December 2, 2020 – Jaeger Resources Corp. ( “Jaeger”) (TSXV:JAEG)  is pleased to announce that through a Memorandum of Understanding with Trevali Mining Corp. certain data will be shared regarding Jaeger’s Taylor Brook Property and Trevali’s Stratmat Property.

The Taylor Brook Deposit model has some similarities to that of Stratmat’s Boundary Deposit.  The Boundary Deposit was mined from 1989 to 1993 as both open pit and underground operations.  The VLF signature of the Boundary Deposit appears to be similar to that of the Taylor Brook Deposit. In addition to this, 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, and geophysical signatures, data co-operation is mutually beneficial.

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 horizons.

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.

On Behalf of the Board,

“Bruce W. Downing”

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

CEO

For further information please contact:

Bruce Downing, CEO (604) 613-2150

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 data exchange.

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, AB-November 27, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG)  is pleased to announce today that it has closed its non-brokered private placement for gross proceeds of CDN$57,840 by issuing 1,446,000 units at a price of CDN$0.04 per unit.  Each unit consists of one common share and one warrant. Each warrant entitles the holder to purchase one additional common share at $0.08 on or before November 27, 2022.

The Company has also closed its non-brokered flow-though private placement for gross proceeds of CDN$69,000 by issuing up to 1,380,000 flow-through units at a price of CDN$0.05 per unit.  Each unit consists of one flow-through common share and one warrant. Each warrant entitles the holder to purchase one additional common share at $0.10 on or before November 27, 2022.

Commissions of $2,400 were paid on the private placements. The securities issued pursuant to the private placement have a hold period expiring March 28, 2021.

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.

On Behalf of the Board,

“Bruce W. Downing”

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

CEO

For further information please contact:

Bruce Downing, CEO (604) 613-2150 or

Don Bossert, CFO (780) 465-4129

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 financings.

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, AB-November 2, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG)   announced today that it has received the approval of the TSX Venture Exchange to extend the closing date of its non-brokered private placement and non-brokered flow-through private placement to on or before November 30, 2020. 

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.  The Company 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.

On Behalf of the Board,

“Bruce W. Downing”

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

CEO

For further information please contact:

Bruce Downing, CEO (604) 613-2150 or

Don Bossert, CFO (780) 465-4129

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 Financings.

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, – October 7, 2020 – Jaeger Resources Corp.  (TSX – V: JAEG) (“Jaeger” or the “Company”) is pleased to announce a preliminary geological model for its Taylor Brook Deposit in New Brunswick, Canada.

A preliminary geological model of the deposit has now been created by a consultant to the company. The model representation maps are presented on the company website www.jaegerresources.com. This model is only represented by 34 diamond drillholes drilled from 1977 to 2016.

This model indicates the presence of near surface mineralization which may be amenable to open pit development. 

This model helps to identify both structural and lithological controls on the deposit system, which have an importance for the rest of the Taylor Brook Property that could be present across the entire 7 km geological strike length of the Property at/near surface and continuing at depth. To date, less than 10% of the Taylor Brook Property has been explored with diamond drilling.

The interpreted model indicates an antiformal shape with several sub-parallel lenses of  massive to semi-massive sulphides that may be a result of tight Z type folding and / or structural repetition of lithological units reflecting a combination of folding episodes as well as possible stacking by thrusting. Going forward, the use of lithogeochemical analyses and methods will aid in the interpretation of the structural geology of the deposit (see press release dated February 26, 2020).  

From recent exploration work, much of the historical drilling is interpreted to be oriented in the wrong direction and as such some of the thinner intersections tend to be discontinuous from drill hole to drill hole. Some of these intersections are oriented in directions that may be sub-parallel to drilling, suggesting continuity is possible with other mineralized zones. The model can also be used to define and direct drilling that is required for an updated resource.  Additional drilling will be needed to confirm the continuity of near surface mineralization. 

The Taylor Brook Deposit model has some similarities to that of Stratmat’s Boundary Deposit which was estimated to contain 891,000 tons grading 3.31% Pb, 7.96% Zn, 0.32% Cu and 44 g/t Ag.  The Boundary Deposit was mined from 1989 to 1993 as both open pit and underground operations. The VLF signature of the Boundary Deposit is similar to that of the Taylor Brook Deposit.

The Taylor Brook Deposit model will be continually updated as more geological, lithogeochemical and geophysical data become available. This includes a review of all historical data with re-analysis of historic drill holes where possible.  An important aspect will be creating a digital library of historical reports, technical documents and databases.

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, – September 17, 2020 – Jaeger Resources Corp.  (TSX – V: JAEG) (“Jaeger” or the “Company”) is pleased to announce the completion of its Very Low Frequency (VLF), Horizontal Loop Electromagnetic (HLEM) and magnetometer geophysical surveys on its Taylor Brook Property in New Brunswick.

Approximately 40 km of new grid has been completed and was designed to cover areas of the new claims (9229, 9381) which were staked in 2019 and 2020 to cover the open and under-explored ground between the Taylor Brook Property and the Stratmat Deposit.  This area has the potential for the discovery of new mineralized zones and has not been explored since 1996-7.  The grid and claims are shown on the Company website.   

Exploration over this new grid consisted of VLF and magnetometer geophysical surveys which have now been completed.  The VLF and magnetometer maps are posted on the Company website.  The HLEM survey was conducted over selected VLF anomalies interpreted from earlier geophysical surveys conducted in 2019 and 2020.  A partial HLEM survey was conducted in 2018 over the Taylor Brook Property and has now been completed.  The geophysical data has been forwarded to the Company’s geophysicist for evaluation and recommendations.

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

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.