Category: News

Edmonton, AB, March 4, 2019 – Jaeger Resources Corp. (TSXV:JAEG) is pleased to announce the completion of the magnetometer and very low frequency electromagnetic (VLF) geophysical survey over a relatively unexplored section of the Taylor Brook Property in New Brunswick.

The purpose of these surveys was to follow up on the previous HLEM survey that was conducted in 2018 (see press release of December 11, 2018). The magnetometer survey was conducted in order to map the gabbro and delineate other magnetic anomalous areas that could be associated with mineralization. The VLF survey was conducted in order to delineate conductive zones of mineralization and to locate potential structural linears such as faults.

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, specifically at depth. In order to continue to evaluate the economic potential of the Taylor Brook Property, a program of induced polarization geophysical survey is warranted over the grid extension and to extend the grid to the west to cover known mineralized showings that have been adequately explored. Some of the mapped linears may account for offsets of mineralized zones.

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 superior 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 Corp. (TSX – V: JAEG) is pleased to announce the completion of the horizontal loop electromagnetic (HLEM) geophysical survey. This survey defined in more detail the extents of an anomaly reported in earlier geophysical surveys.

There appears to be a good match of the results showing a single, folded conductor that is also partially consistent with the induced polarization (IP) results.  The conductor extends from the previous HLEM survey area onto the new survey area and confirms the known zone but which will need further follow up in order to determine the extents, especially as it may have a deeper zone.

The recommendation would be to do more and deeper electromagnetic ( and extend the survey at least 500m to the east to cover the area where there is anomalous IP and HLEM anomalies.  In follow up to the HLEM anomaly, a downhole EM survey is recommended to determine the location of the sulphide zones and their correlation with the previous dipole-dipole   IP survey.  A deep pole-dipole IP survey is warranted or mise la masse geophysical survey.  The grid is further skewed northwest and would test the conductor coupling effect.

A very low frequency (VLF) and magnetic geophysical survey will be conducted over the new grid in order to map geological structures and aid in geological and geophysical interpretations.

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.
• Define drilling 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 a superior 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, Hon.FEC
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 4, 2018 – Russel J. Renneberg (“Renneberg”) and the estate of Robert R. Morrison (“Morrison”) have acquired 7,005,431 common shares and 14,978,488 respectively of Jaeger Resources Corp. (“Jaeger”) (TSXV:JAEG).

The common shares were issued at a deemed price of $0.05 per share by Jaeger pursuant to a debt settlement completed on November 30, 2018 pursuant to the exemption contained in NI 45-106, Section 2.14.

As a result of the purchase of the common shares, Renneberg holds 8,542,661 Jaeger common shares representing 18.4% of Jaeger’s outstanding common shares and Morrison holds 16,617,988 representing 35.8% of Jaeger’s outstanding common shares.

The securities were acquired by Renneberg and Morrison for investment purposes. Renneberg and Morrison may acquire additional securities of Jaeger from time to time.
Further details related to the above transaction can be found in the corresponding report, as filed in accordance with National Instrument 62-103 on SEDAR (www.sedar.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 Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Edmonton, AB-November 30, 2018-Jaeger Resources Corp. (TSXV:JAEG) announced today that it has closed its debt settlement announced November 21, 2018 and issued 30,781,289 at a deemed price of $0.05 per share in settlement of outstanding indebtedness of $1,539,064.52.

The shares issued pursuant to the debt settlement have a hold period expiring March 31, 2019.

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 Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Edmonton, AB-November 21, 2018-Jaeger Resources Corp. (TSXV:JAEG) announced today that it has entered into debt settlement agreement with several creditors and directors to settle outstanding indebtedness of $1,539,064.52. Under the terms of the debt settlement agreements 30,781,289 common shares will be issued at a deemed value of $0.05 per share.
As part of the debt settlement the creditors and directors have agreed to write off $1,539,064.53 in additional outstanding indebtedness.

The issuance of shares for debt is subject to the approval of the TSXV Venture Exchange. The issuance of shares for debt was approved at the Annual and Special Meeting of Shareholders held June 27, 2018.

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 Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Jaeger Resources Corp. (TSX – V: JAEG) is pleased to announce continuing progress on the exploration program at its Taylor Brook project in the Bathurst Camp, New Brunswick. The Company has received the necessary work permits and has begun line cutting over the northwest section of the property in preparation for a Max Min and IP geophysical survey. This survey will define in more detail the extents of the anomaly reported by an earlier geophysical survey in1996. Work progress will be reported in future news releases.

The purpose of this geophysical survey is as follows:

• Locate and map linear structures.
• Define in better detail the known mineralized zones.
• Locate new mineralized zones and prospects.
• Define drilling 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 a superior return on investment. Jaeger has entered into an agreement with Stratabound Minerals Corp. (see press release 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, Hon.FEC
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.

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 — July 16, 2018-Jaeger Resources Corp. (“Jaeger”) (TSXV:JAEG) announced today that Mr. Bruce W. Downing M.Sc., P. Geo., FGC and FEC (hon) has been appointed as CEO of Jaeger, and Peter Gommerud has resigned as CEO of Jaeger. Mr. Gommerud will be staying on as a Director of Jaeger and Jaeger thanks Mr. Gommerud for his years of service as an officer of Jaeger. Mr. Downing was elected as a director of Jaeger at the Annual and Special Meeting of Shareholders held June 27, 2018.

Mr. Downing a graduate of Queens University and the University of Toronto has over 30 years of experience as a senior geologist working for several corporations and as a consultant on surface and underground gold and base metal exploration and production projects in British Columbia and around the world. His early experience centered on exploration but since 1989 his career has expanded into mining, the environment and technology. Mr. Downing has been involved in the exploration and pre-production of an open pit and underground massive copper sulphide deposit (British Columbia); wrote reclamation and closure plan for an open pit copper — gold mine (British Columbia): was involved in acid rock drainage studies for the feasibility studies for a massive nickel sulphide deposit (Newfoundland) and copper porphyry deposit in Panama; and worked at a nickel laterite mine in the Dominican Republic.

Mr. Downing has published papers in journals and books concerning exploration, computing, history, electrochemistry, environmental and technology topics and is a co-author of the online acid rock drainage course offered by Edumine. As a consultant, he is aware of the education of junior companies in regards to meeting standards and their role in the environment and has given presentations to various elementary schools. In 1983, he co-founded a software company for developing commercial geochemical programs for use in the exploration and mining industry. In 1999, he founded a high tech company (MagPower Systems) to develop the magnesium-air technology for use in commercial products. A subsequent spin-off from this technology led to research and development in zinc electrowinning. Mr. Downing has also been involved in and has initiated several research and development projects, some of which have led to patents. During his time with the software and technology companies, he was involved in promotions and marketing. He has been involved with several junior mining companies as a CEO, director, and consultant. He presently sits on the Geoscience Committee of the Engineers and Geoscientists of BC and is a member of several professional organizations. In 1997 the Professional Engineers and Geoscientists presented him with the Chris Westerman Award, which is the highest geoscience recognition.

On Behalf of the Board,

Don Bossert
CFO

For further information please contact:

Don Bossert, CFO (780) 465-4129
Info@jaegerresources.com
www.jaegerresources.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Edmonton, AB-July 5, 2018-Bandera Gold Ltd. (TSXV:BGL) announced today that it has changed its name to Jaeger Resources Corp. The name change was approved by shareholders at the Annual and Special Meeting of Shareholders held on June 27, 2018.

The common shares of Jaeger Resources Corp will commence trading on the TSX Venture Exchange at the opening of business on July 9, 2018 under the trading symbol JAEG.

On Behalf of the Board,

Don Bossert
CFO

For further information please contact:

Don Bossert, CFO (780) 465-4129
Info@BanderaGold.com
www.banderagold.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Edmonton, AB-June 11, 2018-Bandera Gold Ltd. (“Bandera”) (TSXV:BGL) and Stratabound Minerals Corp. (TSXV:SB) announced today, with great sadness, the passing of Robert (Bob) Morrison, a Director of Bandera Gold Ltd.

Bob played an influential role in the development of both companies, being a Director and owning 10.4% of the outstanding shares of Bandera and owning more than 10% of the outstanding shares of Stratabound. Bob was a very supportive person, who was instantly liked and respected by all that had the pleasure of working with or meeting him.

We mourn the loss of our colleague and friend and express our sincere condolences to Bob’s family and friends in this difficult time.

On Behalf of the Board,

Don Bossert
CFO

For further information please contact:

Don Bossert, CFO (780) 465-4129
Info@BanderaGold.com
www.banderagold.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Edmonton, AB-November 30, 2017-Bandera Gold Ltd. (“Bandera”) (TSXV:BGL) announced today that it has closed the second and final tranche of its non-brokered private placement for proceeds of $9,000. The second tranche of the private placement consisted of the issuance of 180,000 units with each unit consisting of one common share and a half- warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of $0.08 per share on or before November 30, 2019.

The securities issued pursuant to the first tranche of the private placement have a hold period expiring March 31, 2018.

On Behalf of the Board,

Peter Gommerud
CEO

For further information please contact:

Peter Gommerud, CEO (780) 465-4129
Info@BanderaGold.com
www.banderagold.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.