Puma Exploration Inc.

Puma Exploration Inc. is pleased to announce that Rio Tinto Exploration Canada Inc. proceeded with the first anniversary $75,000 CAD option payment due on or before March 2, 2019. The option payment is part of the Option Agreement signed between the parties on March 2, 2018 . Under the terms of the Option Agreement, RTEC shall have the right to elect to exercise the option and earn 100% undivided interest in the Red Brook [...]

Puma Exploration Inc. announces the closing of non-brokered private placement financings of flow-through units with qualified investors. The Company issued 12,760,000 units at an issue price of $0.05 per units for gross proceeds of $638,000. The flow-through units comprise one flow-through common share and one-half of one common share purchase warrants. Each full warrant gives its holder the right to purchase one common [...]

Puma Exploration is pleased to report exploration activities on its 100% owned Turgeon Copper-Zinc project in the northern New Brunswick. Since August 2018, Puma’s team has conducted field work at Turgeon that included mapping and prospecting, trenching and BHEM geophysical surveys culminating with a drilling program which started on December 3rd, 2018). The main objective of the 2018 exploration program was aimed [...]

Puma Exploration Inc. announces that by mutual agreement, Votorantim Metals Canada Inc. and Puma have agreed to modify the terms of the amended and restated Asset Purchase Agreement signed October 5th, 2016, as amended thereafter. Pursuant to the amending agreement signed by Puma and Votorantim, Puma now has until March 31st, 2019 to proceed with the final $3M cash consideration. The date at which the Environmental bond [...]

RIMOUSKI, Québec, Sept. 04, 2018 -- Puma Exploration Inc. announces that all resolutions that were presented at the annual meeting on August 30th, were approved by the shareholders. These proposals included the appointment of directors and auditors. A total of shareholders representing more than 27% of the capital stock of the Company have voted positively on these proposals. Directors have been elected to the [...]

Puma Exploration Inc. and Trevali Mining Corp. are pleased to release the drill results for the metallurgical drilling program conducted at the Murray Brook Deposit. The program successfully intersected the Massive Sulphide Deposit in each hole matching perfectly with the Resources Model and a potential internal mine design. Met Program - Plan view Met Program - 3D view The metallurgical program consisted of 1,683 meters [...]

RIMOUSKI, Québec, Aug. 02, 2018 -- Puma Exploration Inc. and Trevali Mining Corp. completed their Phase 1 Drilling Program on the Murray Brook Deposit. The Murray Brook Deposit, which is the core of the Strategic Alliance between the companies, is located 10 kilometers west of Trevali’s Caribou Mine and 10 kilometers east of Trevali’s Restigouche Deposit in the Bathurst Mining Camp of New Brunswick [...]

RIMOUSKI, Quebec, June 14, 2018 -- Puma Exploration Inc. and Trevali Mining Corp. held their first Technical Committee meeting, as contemplated in the Option Agreement signed and announced on April 30, 2018, whereby a budget of $1 million has been approved for the development and exploration work program on the Murray Brook Deposit . The Murray Brook Deposit, which comprises 484 hectares, is located 10 kilometers west of [...]

RIMOUSKI, Quebec, June 13, 2018 -- Puma Exploration Inc. announces an update on various corporate matters. Over the past two years, the Company has focused its efforts on the acquisition, the development and the exploration of the Murray Brook project in New Brunswick, with the goal of seeing the Murray Brook Deposit go into production. On April 27th, 2018, the Company signed an option agreement and a strategic alliance [...]

RIMOUSKI, Quebec, April 30, 2018 -- Puma Exploration Inc. is pleased to announce the signing of the definitive Option Agreement with Trevali Mining Corp. setting the terms of the development and the exploration of the Murray Brook Deposit and the signing of the Strategic Alliance Agreement setting the terms of the exploration of combined mining properties in the Restigouche–Armstrong Belt region of New Brunswick [...]