Puma Exploration Inc. is pleased to announce that it successfully demonstrated that gold mineralization extends beyond 100 m depth at its 100%-owned Williams Brook Gold Project in Northern New Brunswick, Atlantic Canada. Twenty-four holes for 3,475 m were drilled at the Lynx Gold Zone as part of the Phase 1 2023 drilling program. More than 100 specks of visible gold were observed in 37 separate areas , with 16 occurrences [...]
Puma Exploration Inc. is pleased to announce that the first drill holes of the 2023 drilling program at the Lynx Gold Zone successfully intercepted the favourable rhyolite/sediment contact at depth with a series of quartz veins with associated sulphide mineralization that typically carries gold. Several specks of visible gold were also observed in quartz veins. Pictures of the core are shown below. DRILLING HIGHLIGHTS The [...]
Puma Exploration Inc. is pleased to report that it has launched Phase 1 of its 2023 drilling program, and the drill is currently turning at its 100%-owned Williams Brook Gold Project in Northern New Brunswick, Atlantic Canada. The fully-funded and permitted 2023 program is focused on the Lynx Gold Zone and is designed with three primary objectives: Extend the continuity of the LGZ at depth and along strike; Validate and [...]
Puma Exploration Inc. has received the first-anniversary option payment from Canadian Copper Inc. as outlined in the Option Agreement dated June 30, 2021. Canadian Copper elected to issue 3,637,873 common shares of the company at $0.0825 per share for a $300,000 first-anniversary option payment. CCI's largest shareholder is Puma, with 10,001,968 shares representing 13.48% ownership. Prior to the first-anniversary option [...]
Puma Exploration Inc. is pleased to announce results from its ongoing 2023 exploration program at its 100%-owned Williams Brook Gold Project in Northern New Brunswick, Atlantic Canada. Grab samples* on a new gold-bearing quartz vein at the Lynx Gold Zone graded up to 288.00 g/t Au, 35.20 g/t Au and 2.78 g/t Au . Furthermore, additional trenching and detailed mapping, conducted since the beginning of May 2023, identified a [...]
Puma Exploration Inc. announces that it has closed the second tranche of the non-brokered flow-through private placement announced on May 11, 2023, for additional gross proceeds of $1,241,410. The Company also closed an additional non-brokered private placement of units for gross proceeds of $786,200. In May 2023, Puma raised a total of $3,035,645 to be invested in the 2023 exploration and development of the Williams [...]
Puma Exploration Inc. is pleased to announce its 2023 exploration strategy and objectives at its 100%-owned Williams Brook Gold Project in Northern New Brunswick, Atlantic Canada. The Company aims to build gold ounces at the Lynx Gold Zone and increase the gold inventory of the extensive property package. About 70% of Puma's exploration budget will be deployed at the Lynx Gold Zone , wherein 2021, 5.55 g/t Au over 50.15 m [...]
RIMOUSKI, Québec, May 11, 2023 -- Puma Exploration Inc. announces that it has closed the first tranche of a non-brokered placement consisting of 2,854,243 flow-through units at $0.185 per FT Unit for gross proceeds of C$528,035. Each FT Unit is comprised of one flow-through share and one-half common share purchase warrant. Each whole warrant is exercisable to purchase one common share of the Company at $0.22 per share [...]
Puma Exploration Inc. is pleased to report up to 12.03 g/t gold over 1.50 m in short HQ holes drilled last fall at the Lynx Gold Zone . The holes were drilled as part of an expanded metallurgical test announced on November 15, 2022. Static Acid Base Accounting and Total Sulphur testing also determined that the rock is non-acid-generating. "These preliminary results from our expanded metallurgical test are very positive [...]
Puma Exploration Inc. is pleased to announce that drilling will begin shortly on its 100%-owned Williams Brook Gold Project in Northern New Brunswick, Atlantic Canada. A technical crew will be mobilized next week in preparation for the Company's planned 2023 drilling program. The first phase of drilling will focus on definition and expansion of the high-grade gold intercepts and interpreted high-grade gold shoots at the [...]
Puma Exploration Inc. is pleased to announce that it has received from New Brunswick's Department of Natural Resources and Energy Development, the authorization to proceed with a 4,000 tonnes bulk sample at the Lynx Gold Zone . Dr. Simon Dominy, an expert in the design and implementation of bulk sampling programs, will join Puma's advisory team to supervise the Company's Bulk Sampling Program to ensure proper planning and [...]
Puma Exploration Inc. is pleased to report that it has staked another 105 claims contiguous to its Williams Brook South property that now totals 8,290 ha . The newly staked claims have seen very little exploration in the past. Still, they are highly prospective for gold mineralization as they exhibit the same geology as the Lynx Gold Zone. Figure 1: Puma's assets in Northern New Brunswick [...]
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