Puma Exploration Inc. is pleased to announce the discovery of a new gold-bearing zone with up to 9.08 g/t Au on its Williams Brook property . The gold discovery, located 300 meters northeast of the O’Neil Showing, was made during the first phase of the ongoing trenching program to verify the source of the gold-bearing boulder fields previously reported. HIGHLIGHTS: New gold discovery from current trenching work with [...]
Puma Exploration Inc. is pleased to announce the presence of significant coarse gold mineralization including the highest grade being 128.0 g/t Au received from metallic screen assays. Initial check assaying using metallic screen fire assay was conducted on previously fire assayed selected grab samples* at the O’Neil showing, reported in the September 01st, 2020 press release. HIGHLIGHTS: Significant coarse gold [...]
Puma Exploration Inc. is pleased to provide additional results, following those reported on September 01, 2020 on the O’Neil Showing, from its initial reconnaissance exploration program conducted on the Williams Brook Property, in Northern New Brunswick, an Atlantic Province of Canada. HIGHLIGHTS: Three new gold-bearing boulders fields discovered over 2.0 km along the O’Neil Gold Zone providing excellent [...]
Puma Exploration Inc. is pleased to announce the results of its Annual Meeting of Shareholders held on September 3th, 2020 in Rimouski. All matters submitted to shareholders for approval as set out in the Company’s Circular dated July 20, 2020 were approved. A total of 15,044,954 common shares were voted at the AGM, representing 26% of the issued common shares of the Company. These matters included the appointment of [...]
Puma Exploration Inc. is pleased to announce the initial results of its summer exploration program conducted on the Williams Brook Property of its flagship Project; The Triple Fault Gold, in Northern New Brunswick, an Atlantic Province of Canada. HIGHLIGTHS: High grade gold rock sample, grading 109.5 g/t Au from selected grab sample* collected at the O’Neil Showing. The average gold grade samples of the vein is 27.4 [...]
Puma Exploration Inc. is pleased to announce that it will transfer all of its copper assets to its wholly-owned subsidiary Murray Brook Minerals Inc. The objective is to generate maximum value to its shareholders from its base metal projects while Puma Exploration continues to concentrate on its new Flagship Triple Fault Gold Project in New Brunswick. “The current business arrangement represents an important [...]
Puma Exploration Inc. is pleased to announce the nomination of Mackenzie Watson as a member of the new Strategic Advisory Board, and the appointment of Rejean Gosselin and Michel Fontaine, two seasoned mining professionals, to Puma’s Board of Directors. The Company is building a premier management-advisory team and Board of Directors to accelerate exploration on the Company's flagship Triple Fault Gold Project as well as [...]
Puma Exploration Inc. have terminated the amended and restated asset purchase agreement signed on October 5, 2016, as amended thereafter. Pursuant to the last amendment signed by Puma and El Nino, Puma had until July 31, 2020, to proceed with the final $1-million cash consideration or to agree on an alternative agreement to deal with the acquisition of the Project. Puma will execute the requirements of the termination [...]
Puma Exploration Inc. has increased its land package at the Triple Fault Gold Project in New Brunswick, Atlantic Province of Canada. Puma added, by staking, six additional claim blocks comprising 180 new claim units for a total of 3,590 hectares, all located contiguous to the initial Williams Brook Gold property boundary. The claims were selected following a newly discovered cluster of rusty quartz boulders found during [...]
Puma Exploration Inc. is pleased to announce the closing of the fully subscribed current private placement for an amount of $962,500. The Company issued 17.5 million units at the price of $0.055 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 $0.10 per share until July 24, 2022. In connection with the [...]
Puma Exploration change the current private placement terms announced on May 27th, 2020 to increase the initial amount of $500,000 to $962,500 and the unit price to 5.5 cents. Puma is undertaking a non-brokered private placement of units, which has been conditionally approved by the TSX Venture Exchange, for a maximum of $962,500. Pursuant to the placement, Puma is offering a maximum of 17.5 million units at a price of [...]
Puma Exploration and El Nino Ventures have mutually agreed to a 30-day extension period in regards of the amended and restated asset purchase agreement signed on October 5th, 2016, as amended thereafter. Pursuant to the last amendment signed by Puma and El Nino, Puma had until June 30th, 2020, to proceed with the final $1 million cash consideration. The 30-day extension granted will be used to review different potential [...]
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