JAEGER RESOURCES CORP. ANNOUNCES COMPLETION OF ITS GEOPHYSICAL SURVEYS AT ITS TAYLOR BROOK ZINC – LEAD – SILVER – COPPER PROPERTY IN NEW BRUNSWICK

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.

JAEGER RESOURCES CORP. ANNOUNCES PETROGRAPHIC STUDY AT ITS TAYLOR BROOK ZINC – LEAD – SILVER – COPPER PROPERTY IN NEW BRUNSWICK

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

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. This also suggests that mineralization at Taylor Brook is part of a large district-wide system, albeit structurally divided.

This study also discovered the presence of sulphosalt (tennanite/tetrahedrite) which had not been previously observed. Magnetite was identified in the meta volcanic unit (diabase – gabbro) which is indicative of the high magnetics derived from the magnetometer survey which can be easily mapped (see magnetic map on website www.jaegerresources.com/projects/#taylor-7).

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.

In addition to this study, the nature and style of both mineralization and gangue material must be considered in order to determine their impact on geological interpretation, metallurgical process, recovery, disposal, metal leaching and water quality.

Additional highlights of the study include the following interpretations:

  • Identification of lithologic units: silicic clastic volcanics of possible dacite composition, exhalite, volcaniclastic sediment (meta-ash tuff), meta-mafic (diabase), fragmental / foliated semi-massive to massive sulphide unit.
  • Pervasive sericitic alteration.
  • Carbonate is of possible dolomite – ankerite composition.
  • Clay material such as sericite (illite / muscovite) is pervasive throughout the units.  High concentrations of clay material can impact geophysical interpretations (i.e. induced polarization) and mineral processing.  
  • Non-mineralized and mineralized units are generally medium grained.  This is an important aspect for mineral processing.
  • Mineralogy of non-mineralized volcanic units is predominantly quartz, plagioclase, chlorite, sericite with lesser amounts of K-feldspar.  Accessory minerals in the non-mineralized samples consist of apatite, rutile, ilmenite.
  • Mineralogy of the meta-mafic (diabase) unit is plagioclase (possible oligioclase composition), chlorite, amphibole with accessory magnetite and carbonate.
  • Mineralogy of mineralized units is predominantly quartz, sericite, sulphides with lesser amounts of biotite, chlorite, carbonate.  
  • Sulphide mineralogy is pyrite, sphalerite and galena with lesser amounts of chalcopyrite, sulphosalt (possibly tennantite/tetrahedrite), and trace amounts of marcasite and arsenopyrite.
  • Textures of the mineralized samples suggest remobilization and recrystallization, possibly with re-concentration of base metals.
  • No magnetite identified in mineralized section.
  • No graphite identified to date.
  • Ag content correlated to As and Sb suggests it may be in tetrahedrite/tennantite.
  • Tin, indium and barium are enriched in the mineralized samples.

Photomicrographs of selected samples are shown on the Company’s website www.jaegerresources.com (Picture Gallery).

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).  

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 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 ANNOUNCES FINANCINGS

Edmonton, AB-September 8, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG)  is pleased to announce today that it is undertaking a “best efforts” non-brokered private placement for gross proceeds of up to CDN$250,000 by issuing up to 6,250,000 units at a price of CDN$0.04 per unit.  Each unit will consist of one common share and one warrant. Each warrant entitles the holder to purchase one additional common share at $0.08 for a period of two years from the date of closing.

The proceeds from the private placement will be used for general working capital.

The Company is also undertaking a “best efforts” non-brokered private placement for gross proceeds of up to CDN$500,000 by issuing up to 10,000,000 flow-through units at a price of CDN$0.05 per unit.  Each unit will consist of one common share and one warrant. Each warrant entitles the holder to purchase one additional common share at $0.10 for a period of two years from the date of closing.

The private placements are subject to the approval of the TSX Venture Exchange. Finder’s fees may be paid on the private placements in accordance with the requirements of the TSX Venture Exchange.

The proceeds from the sale of the flow-through shares will be used to incur Canadian Exploration Expense (“CEE”), as defined in the Income Tax Act (Canada).  The Company will renounce such CEE to the subscribers effective for the 2020 income tax year.  The funds will be used for exploration and drilling on the Company’s Taylor Brook Property in New Brunswick.

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.

Jaeger Resources Announces Changes to Board of Directors

Edmonton, AB- August 12, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG) is pleased to announce that Mr. Mike Robb, PE, has been appointed to the Board of Directors of Jaeger Resources Corp.

Mr. Robb has 46 years of international mining experience, with extensive experience in the areas of management, design, construction and operations.  He is currently an Independent Consulting Engineer providing management and mining engineering services to firms worldwide and a Director of Stratabound Minerals Corp.  He is a graduate of the University of Idaho, a Registered Professional Engineer in Arizona, Maine, Nevada and New Mexico and has authored nine technical papers and is co-author of one patent and one reference book.  He is a Registered Member of the SME, a member of the Professional Engineers Examination committee and a Qualified Person as defined by NI 43-101.  He is a retired U.S. Marine Corps Reserve Colonel.

Mr. Peter Gommerud is retiring as a director of the Company but will remain as a consultant.  Jaeger thanks Peter for his years of service, having been a Director for over 15 years, including 1 year as the CEO.

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.

 “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 changes to the board of directors.

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. EXPLORATION UPDATE

Edmonton, AB – August 6, 2020 – Jaeger Resources Corp. (the “Company”) (TSXV:JAEG) is pleased to provide an update to the Company’s exploration plans for its Taylor Brook zinc – lead – silver – copper property. Please see press releases of January 6 & 14 and February 26, 2020 for updates of the geophysical and lithogeochemical surveys and acquisition of claims resulting from the 2019 exploration program.

As a result of the recent geophysical surveys, lithogeochemical study and data compilation that have been carried out, a newer interpretation of the geology of the Taylor Brook Property is evolving. Further exploration is warranted, as the property has not been systematically explored and delineated laterally to the east or west, 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.

Additional claims 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.

Exploration will consist of approximately 40 km of new grid over the western area of the property, VLF, Magnetometer and HLEM geophysical surveys and geological and outcrop mapping and sampling for the continuing lithogeochemical survey. New and untested anomalous areas will need to be drilled. Diamond drilling is also warranted to upgrade the Taylor Brook Property. An updated NI 43-101 technical report is anticipated in 2021 upon completion of the 2020 exploration program.

Jaeger Resources also announces it is the recipient of a New Brunswick Junior Mining Assistance Program grant for the Taylor Brook zinc – lead – silver – copper property in New Brunswick which will be used for the exploration program. This grant implies the importance of exploration to the government and communities of New Brunswick and interest in supporting Jaeger Resources.
Jaeger has also received the work permit for the exploration program on the property. Line cutting for the grid extension has begun which will be followed by the magnetometer and VLF geophysical surveys.

The onset of the Covid-19 pandemic and dry weather have limited access to the property, however, data analysis, targeting and planning have continued. We have structured the early portions of this work program so that they can be carried out within the provincial regulatory requirements of the Covid-19 pandemic.

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

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 Annual Filings.
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 TO SETTLE OUTSTANDING INDEBTEDNESS

Edmonton, AB-July 27, 2020- Jaeger Resources Corp. (the “Company”) (TSXV:JAEG) is pleased to announce that the Company has entered into agreements with certain vendors and officers of the company who have agreed to accept shares of Jaeger Resources Corp. in final settlement of amounts owed by the Company. The aggregate amount of trade payables, fees and expenses settled with creditors is $261,992.67, which at a deemed issue price of $0.04 per share represents the issuance of 6,549,817 common shares of the Company. The issuance of the shares is subject to compliance with applicable securities laws and approval of the TSX Venture Exchange. The shares will be subject to a hold period of four months.

These transactions were all done in support of the Company’s efforts to direct resources to corporate targets and preserve working capital in efforts to expedite exploration of the Taylor Brook Project.

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.

On Behalf of the Board

Don Bossert
CFO

For further information please contact:
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 Debt Settlement.
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.

CLARIFICATION OF POSTING ON STOCKHOUSE.COM

Edmonton, AB-July 24, 2020- Jaeger Resources Corp. (the “Company”) (TSXV:JAEG) is aware of a post that was dated July 23, 2020, on Stockhouse.com which purports to a Jaeger Resources land package located in the Walker Lane area of western Nevada next to Blackrock Gold Corp. Jaeger Resources does NOT own, control, nor is in the process of acquiring any land package as referenced in this post. This post is completely misleading and not correct.

Jaeger Resources Corp. takes no responsibility for any trading in the Company’s common shares that may be a result of this post.

About Jaeger Resources Corp.

Jaeger Resources Corp. is a Junior Canadian Exploration Company which 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.

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 StatementsThis 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 Stockhouse post.

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. ANNOUNCES LITHOGEOCHEMICAL – GEOMETALLURICAL PROGRAM AT ITS TAYLOR BROOK ZINC – LEAD – SILVER PROPERTY IN NEW BRUNSWICK

Edmonton, AB-February 27, 2020-Jaeger Resources Corp. (TSX – V: JAEG) is pleased to announce preliminary results and interpretations of a lithogeochemical – geometallurgical program over the Taylor Brook Property in New Brunswick.  A mineralogical and lithogeochemical study with emphasis on trace element geochemistry must precede any mineral processing study.  This study is important for understanding the ore, 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 and also as an aid in drilling.  A data compilation of a previously published lithogeochemical database by a major company in 1993 together with some sampling in 2019 was completed.

Highlights of the study include the following preliminary interpretations:

  • An exhalite horizon based on barium (Ba) concentrations has been identified above the mineralized zone in drill hole DDH TB95-2. This has not been recognized in previous work.  Exhalites generally occur above sulphide deposits and are an important aspect in exploration.
  • Anomalous barium concentrations have been identified in outcrop which correlate with sulphide mineralization. This indicates that the exhalite unit probably occurs over the property (see BaO map on Company website www.jaegerresources.com).
  • Distinct rare earth element signature of exhalite above mineralized section versus felsic tuffs below mineralized section in drill hole DDH95-2.
  • Titanium can be used to distinguish diabase, even when highly altered.
  • Anomalous concentrations of indium and tin occur in mineralized zones (drill hole TB95-2).
  • No graphite is present.
  • Mineralization is medium grained. This is an important aspect for mineral processing.
  • The Al/Ti ratio can be used to differentiate lithologies. The Al/Ti * Ba index can be used to identify the exhalite unit (see Al/Ti*BaO map on Company website www.jaegerresources.com).
  • A portable XRF analyzer can be used for pathfinder elements to identify in the field and in drill core the exhalite unit and mafic / diabase dykes.

As a result of the recent geophysical surveys, lithogeochemical study and data compilation that have been carried out, a newer interpretation of the geology of the property is evolving.  Additional sampling of drill core and outcrops over the whole property for further lithogeochemical and geometallurgical work is ongoing.

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 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.

 

Mag VLF Geophysical Survey

JAEGER RESOURCES CORP. ANNOUNCES COMPLETION OF MAGNETOMETER AND VLF-EM GEOPHYSICAL SURVEY EXPLORATION PROGRAM AT ITS TAYLOR BROOK ZINC – LEAD – COPPER – SILVER PROPERTY IN NEW BRUNSWICK

Jaeger Resources Corp. (TSX – V: JAEG) is pleased to announce the completion of the magnetometer and very low frequency electromagnetic (VLF) geophysical survey over the property which encompasses a relatively unexplored section of the Taylor Brook Property in New Brunswick. This entailed follow up from previous VLF and magnetometer surveys (see press releases dated February 26 and June 20, 2019). Results of the previous surveys necessitated 33 kms of additional line cutting followed up with magnetometer and VLF geophysical surveys.
The purpose of these surveys was to map areas of known mineralization and areas that have not been previously explored, specifically in the western and southern areas of the property. The magnetometer survey was conducted in order to map the gabbro/diabase and delineate other magnetic anomalous areas that could be associated with mineralization. The VLF survey was conducted in order to delineate potential conductive zones of mineralization and to map potential structural features that are associated with mineralization. These types of surveys are best known for locating mineralization in the Bathurst Mining Camp.

New and untested magnetometer and VLF anomalies have been delineated over the property and have the potential for discovering new and additional zinc – lead – copper – silver zones at Taylor Brook. This style of geophysical characteristics appears similar to the Stratmat deposit located approximately six kms to the southwest of Taylor Brook. Coloured magnetometer and Fraser Filter contour maps can be viewed on the Company website, as well as non-coloured maps with indicated diamond drill holes. (www.jaegerresources.com).
Results from the recently completed survey indicate additional line cutting and geophysical surveys are warranted, which will be carried out in 2020. These new and untested anomalous areas need to be drilled, which will be the focus of the exploration program in 2020.

In addition to drilling these areas, a major part of the drilling program will be to follow up on the known deposit to extend the limits both along strike and at depth. The Taylor Brook deposit is classified as a polymetallic volcanogenic massive sulphide (“VMS”) deposit typical of the Bathurst Mining Camp with a (historical 2011) NI 43-101 compliant indicated mineral resource of 243,000 tonnes at 1.69% zinc, 0.85% lead, 0.02% copper and 33.42 g/tonne silver and an inferred resource of 102,000 tonnes at 1.70% zinc, 0.87% lead, 0.02% copper and 32.59 g/tonne silver at a 1.60% zinc equivalent cut-off grade. The deposit is comprised of one to four stratabound horizons of heavily disseminated to semi-massive and massive sulphides with a strike length of approximately 650 metres and a down-dip extent of greater than 600 metres.

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. (see press release of February 22, 2017) 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.

JAEGER RESOURCES ANNOUNCES EXPLORATION UPDATE

Edmonton, AB-July 17, 2019-Jaeger Resources Corp. (TSXV: JAEG) is pleased to announce the completion of the magnetometer and VLF geophysical surveys on the Taylor Brook zinc – lead – silver Property in New Brunswick.

New and untested magnetometer and VLF anomalies have been located on the western and southern sections of the new grid. (see press release of June 26, 2019). These anomalies occur in an area where little to no exploration work has been conducted. More lines will need to be cut in order to map the extent of these anomalies.

Additional line cutting followed by magnetometer and VLF geophysical surveys are expected to commence in August.

The purpose of these geophysical surveys is as follows:

  • Locate and map linear structures.
  • Define in better detail the known mineralized zones.
  • Locate new mineralized zones and prospects.
  • Target zones for the Induced Polarization geophysical survey.

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 a fair 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 deposit in the Bathurst Mining Camp, New Brunswick, Canada.  In addition to the Taylor Brook property, other properties of merit have been submitted to Jaeger which needs to be evaluated more thoroughly.

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.