The Murray Brook Zn-Pb-Cu-Ag Volcanogenic Massive Sulphide (“VMS”) deposit located in the famous Bathurst Mining Camp (“BMC”) of northern New Brunswick. The Murray Brook property consists of Mining Lease 252 and contiguous Mineral Claim Block 4925 (245 claims) located 4 km west of the producing Caribou Mine, which is owned and operated by Trevali Mining Corporation. Puma is in progress to acquired 100% of the Murray Brook property.
■ The Murray Brook deposit contains historical resources of 1 billion pounds (lbs) of zinc, 183 million lbs of copper, 390 million lbs of lead, 23.9 million ounces (“oz”) silver and 338,000 oz. of gold within historical Measured and indicated Resources of 17,884,000 tons @ 2.73% Zn, 0.47% Cu, 0.99% Pb, 41.7 grams per ton (“g/t Ag”) and 0.59 g/T Au.
■ Preliminary metallurgical tests indicated recoveries of up to 88% zinc.
■ Gravity and soil geochemical targets exist along strike from the Murray Brook deposit and there are high priority drill-ready targets in favorable stratigraphy and along strike from the nearby Caribou Mine within Mineral Claim Block 4925
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Puma Exploration is a Canadian mineral exploration company with advanced projects in precious and base metals in Canada. The major projects of the Company are the Cu-Zn VMS Turgeon and Nicholas-Denys in New-Brunswick. Puma currently focuses on their New Brunswick project, which that is a resource-rich area and that has been qualified as each year, the best place in the world to carry out mineral exploration work according to the Fraser Institute.