Puma Exploration Inc.

Puma Exploration Inc. is pleased to announce the appointment of Dr. Jean-Paul Lacasse as a member of its Strategic Advisory Board to lead the newly created First Nations Engagement and Social Acceptability Committee. Following the success of the initial exploration program of the Williams Brook Gold property, the Company is building a leading management-advisory team to advance the development and exploration on the [...]

Puma Exploration Inc. is pleased to share its latest discoveries and observations on its Williams Brook Gold property. The Williams Brook Gold property, which was the focus of the 2020 Exploration Program, is part of the district-scale Tripe Fault Gold Project, recently acquired in 2020 in New Brunswick. The latest important discoveries on the Williams Brook Gold property are Visible Gold found at the Lynx Gold Zone, and [...]

Puma Exploration Inc. is pleased to announce that it has contracted Geotech Ltd. of Aurora, Ontario to carry out a helicopter-borne survey to cover the Company’s flagship 100%-owned Triple Fault Gold Project. The survey area is approximately 2,855 lines-kms over 2 blocks with detailed line spacing of 100 m. Figure 1: Airborne Geophysical Survey at Triple Fault Gold Project Modelling this new airborne geophysics [...]

Puma Exploration Inc. is pleased to announce the final closing of the offering previously announced on November 30, 2020. The Company issued 7,500,000 Flow-Through units at the price of $0.20 per Unit. Each unit comprises one common share and one half of one common share purchase warrant. Each warrant gives its holder the right to purchase one common share at a price of $0.25 per share until December 30, 2022. In [...]

Puma Exploration Inc. is pleased to announce the closing of the fully subscribed current ordinary units private placement for an amount of $750,000. The Company issued 5 million units at the price of $0.15 per Unit. Each unit comprises one common share and one common share purchase warrant. Each warrant gives its holder the right to purchase one common share at a price of $0.25 per share until December 17, 2022. In [...]

Puma Exploration Inc. has proceeded with all the payments required to satisfy the first year anniversary options obligations for the properties included in its flagship Triple Fault Gold Project. The total cash payment of $30,000 with the issuance of 75,000 shares to optionees have satisfied all of the options agreement requirements to keep the agreement in good standing until April 2022. Figure 1: Option Agreements on [...]

Puma Exploration Inc. is pleased to announce the discovery of a robust network of quartz veins with Visible Gold at the newly discovered “Pepitos Gold Zone” of the O’Neil Gold Trend. The Visible Gold was observed at 5 different locations within the stripped area. The quartz veins network discovered at PEPITOS is interpreted to be related with an extensional system associated with the main structures [...]

Puma Exploration Inc. is pleased to announce the closing of the fully subscribed ordinary units private placement for an amount of $450,000 and a first tranche of the Flow-Through units for an amount of $450,000 for a total of $900,000. The Company issued 3 million units at the price of $0.15 per Unit. Each unit comprises one common share and one common share purchase warrant. Each warrant gives its holder the right to [...]

Puma Exploration Inc. has arranged non-brokered private placements of up to $2.45 million, consisting of three million units of the corporation at a price of 15 cents per unit, for gross proceeds of up to $0.45 million, and ten million Canadian flow-through units of the corporation, at a price of 20 cents per FT unit, for gross proceeds of up to $2.00 million. Each ordinary unit will consist of one common share of the [...]

Puma Exploration Inc. has found additional occurrences of visible gold in trench TR20-28, located 35 m east of the O’Neil High-Grade Gold Showing. The discovery was made during the detailed mapping of the trench, following the cleaning work. The visible gold is variably detected in 0.5 to 3.0 millimeters disseminated blebs in a quartz veins breccia that show pervasive alteration of Chlorite + Sericite. The quartz [...]