{"id":1016677,"date":"2024-07-11T08:02:28","date_gmt":"2024-07-11T12:02:28","guid":{"rendered":"https:\/\/explorationpuma.com\/?p=1016677"},"modified":"2024-07-10T20:12:14","modified_gmt":"2024-07-11T00:12:14","slug":"puma-confirms-4-km-extension-of-lynx-gold-trend","status":"publish","type":"post","link":"https:\/\/explorationpuma.com\/en\/puma-confirms-4-km-extension-of-lynx-gold-trend\/","title":{"rendered":"Puma Confirms 4 km Extension of Lynx Gold Trend"},"content":{"rendered":"<p><a><strong>Rimouski, July 11, 2024<\/strong><\/a>\u2014Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the &#8220;Company&#8221; or &#8220;Puma&#8221;) announces the results of its maiden scouting drilling program outside of the main Lynx Gold Zone (\u201cLGZ\u201d) at its 100%-owned Williams Brook Gold Project in Northern New Brunswick.<\/p>\n<p>The 2,270 metres shallow diamond drilling was devised as a follow-up to Puma\u2019s 2023 surface exploration program to confirm the presence of gold mineralization subsurface and determine the orientation and dip of the gold-bearing structure and alteration that was interpreted to extend 4 km northeast of the LGZ. The small, cost-effective program not only confirmed the presence of gold mineralization by intersecting anomalous gold at the Tiger Gold Zone (\u201cTGZ\u201d), located 350 m away, but the program also intersected several distinct styles of mineralization and alteration &#8211; some similar to those at the Lynx Gold Zone, as far as the Cheetah Gold Zone 3.5 km away and at a depth of over 150 metres downhole (Figure 1).<\/p>\n<h5>Figure 1. Location of scouting drilling over 2024 drone magnetic survey map<\/h5>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-1016700 size-full\" src=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-1-1.png\" alt=\"\" width=\"832\" height=\"638\" srcset=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-1-1.png 832w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-1-1-300x230.png 300w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-1-1-768x589.png 768w\" sizes=\"(max-width: 832px) 100vw, 832px\" \/><\/p>\n<p>These results continue to validate Puma\u2019s successful discovery method. Grab samples are proving to be a reliable vector for discovering gold at depth. A quartz vein stripped at surface at the Tiger Gold Zone that graded 19.90 g\/t Au in a grab sample* returned 2.0 g\/t Au over 0.40 m in drilling (* the reader is cautioned that grab samples are selective by nature and may not represent the true metal content of the mineralized zone). Similarly, the holes drilled at the Tiger Gold Zone returned grades representative of the surface samples collected in this area in 2023 (see Table 1).<\/p>\n<p>While the Tiger 2 zone appears to carry anomalous gold results, parallels can be drawn between these first drill holes at Tiger and the initial drilling at the Lynx Gold Zone when Puma started drilling there (see Figure 2). The Chubby gold zone, drilled in 2021, returned lower-grade intercepts but was found to be adjacent to a very high-grade gold zone. The current results at Tiger, with the observation of similar quartz veins and the same alteration and structures as those at Chubby, suggest that Tiger could also be proximal to a higher grade zone. This observation reinforces our confidence in the potential for future drilling targets at the TGZ, and further surface exploration and sampling will be undertaken to identify these.<\/p>\n<h5>Figure 2. Initial stripping work and drilling at LGZ in 2021<\/h5>\n<p><img decoding=\"async\" class=\"alignnone wp-image-1016684 size-full\" src=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-2-1.jpg\" alt=\"\" width=\"1608\" height=\"1062\" srcset=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-2-1.jpg 1608w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-2-1-300x198.jpg 300w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-2-1-1024x676.jpg 1024w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-2-1-768x507.jpg 768w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-2-1-1536x1014.jpg 1536w\" sizes=\"(max-width: 1608px) 100vw, 1608px\" \/><\/p>\n<p>Marcel Robillard, President and CEO, commented, \u2018<em>\u2019Our program accomplished what we set out to do \u2013 show that the Lynx Gold trend extends 4 km along strike. We didn\u2019t intercept high-grade gold, but our observations confirm the <\/em><em>potential for higher-grade zones along the trend. Also, we confirmed that our discovery method works \u2013 grab sampling typically reflects what\u2019s in the ground. We know that broad zones of lower-grade gold surround very high-grade gold shoots at Lynx and that some quartz veins do not contain gold at all &#8211;\u00a0 this likely also applies along the 4km trend.\u00a0 These results help us refine our model, and the drone mag survey has identified some zones we\u2019re currently exploring to identify targets for future drilling. <\/em><em>In the meantime, our new 3D model of the Lynx Gold Deposit mineralization has been updated, and we plan to resume drilling deeper at Lynx in the fall.\u201d<\/em><\/p>\n<h3><strong>2024 Scouting Drilling along the Lynx Gold Trend (\u201cLGT\u201d)<\/strong><\/h3>\n<p>The 2024 scouting drilling program outside the central Lynx Gold Zone consisted of thirty (30) short holes (Figure 1) for 2,270 metres. Twenty-two (22) holes (1,500 metres) were drilled at the centre of the Tiger Gold Zone (200 m x 400 m area) located about 350 metres north-east of the Lynx Gold Zone where four (4) small stripped areas uncovered four (4) auriferous quartz veins (Figures 3 to 5). The other holes were spread over more than 3.5 kilometres along strike with step-out holes located up to 1 kilometre apart.<\/p>\n<p>The gold mineralization at the TGZ (Tiger 1 to 4) occurs in quartz veins with limonite alteration similar to those at the LGZ. However, here, the quartz veins occur not only at the rhyolite\/sediment contact but also at a rhyolite\/gabbro contact. The presence of veining reflects the competency contrast between the geological units, allowing for the upwelling of hydrothermal fluids.<\/p>\n<p>At Tiger 1 and 3, the presence of a large gabbro sill, altered at its margins, suggests a major intrusion that strikes parallel to the primary gold trend-oriented NE (Figures 2 and 3). The recent magnetic drone survey has outlined a long positive anomaly that could indicate the presence of several mafic dikes within the favourable corridor, which could be positive according to our expert advisor, Dr. Gregg Morrison \u2018\u2019<em>The genetic model is a mesozonal part of an orogenic system with mantle magma derived metals\u2014the mineralization formed in the transition from Early Devonian transpression to relaxation and emplacement of mafic dikes. The ore control is the extensional veins and cavities formed in the ENE veins with higher grade at the intersection with the NNE shears and veins. The structure model is the best guide to ore location, and the metal zoning, especially concentrations of Cu-Zn-Pb-Te-Bi beneath the surface As-Sb, is the best guide to high-grade discovery\u2019\u2019.<\/em><\/p>\n<p>The Pb-Ag ratio in assays has been a vector for the discovery of high-grade gold mineralization at Lynx. Although drilling at Tiger 2 returned no gold, the ratios of Pb-Ab at Tiger 2 are similar to those in some areas of Lynx, namely at the Chubby zone, where the gold levels were low, but that is proximal to a very high-grade zone. The same could be true of the Tiger 2 zone. The recent mag survey has identified several areas of interest at Tiger 2 that will be further investigated.<\/p>\n<h5>Figure 3. Drillhole location over the trenched Tiger Gold structures<\/h5>\n<p><img decoding=\"async\" class=\"alignnone wp-image-1016686 size-full\" src=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-3-scaled.jpg\" alt=\"\" width=\"1877\" height=\"2560\" srcset=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-3-scaled.jpg 1877w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-3-220x300.jpg 220w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-3-751x1024.jpg 751w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-3-768x1047.jpg 768w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-3-1126x1536.jpg 1126w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-3-1502x2048.jpg 1502w\" sizes=\"(max-width: 1877px) 100vw, 1877px\" \/><\/p>\n<h5>Figure 4. Drill section at Tiger 1<\/h5>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1016688 size-full\" src=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-4.jpg\" alt=\"\" width=\"1608\" height=\"1386\" srcset=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-4.jpg 1608w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-4-300x259.jpg 300w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-4-1024x883.jpg 1024w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-4-768x662.jpg 768w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-4-1536x1324.jpg 1536w\" sizes=\"(max-width: 1608px) 100vw, 1608px\" \/><\/p>\n<h5>Figure 5. Drill section at Tiger 3<\/h5>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1016690 size-full\" src=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-5.jpg\" alt=\"\" width=\"1595\" height=\"1353\" srcset=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-5.jpg 1595w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-5-300x254.jpg 300w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-5-1024x869.jpg 1024w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-5-768x651.jpg 768w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-5-1536x1303.jpg 1536w\" sizes=\"(max-width: 1595px) 100vw, 1595px\" \/><\/p>\n<h5>Table 1. Drilling highlights of 2024 scouting drilling<\/h5>\n<figure>\n<table>\n<tbody>\n<tr>\n<td><strong>DDH #<\/strong><\/td>\n<td><strong>From (m)<\/strong><\/td>\n<td><strong>To (m)<\/strong><\/td>\n<td><strong>Length (m)<\/strong><\/td>\n<td><strong>Au (g\/t)<\/strong><\/td>\n<td><strong>ZONE<\/strong><\/td>\n<\/tr>\n<tr>\n<td>WB24-146<\/td>\n<td>7.80<\/td>\n<td>10.65<\/td>\n<td>2.85<\/td>\n<td>0.13<\/td>\n<td>Tiger 1<\/td>\n<\/tr>\n<tr>\n<td>WB24-147<\/td>\n<td>15.65<\/td>\n<td>24.30<\/td>\n<td>8.65<\/td>\n<td>0.12<\/td>\n<td>Tiger 1<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>21.00<\/td>\n<td>24.30<\/td>\n<td>3.30<\/td>\n<td>0.28<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>23.55<\/td>\n<td>24.30<\/td>\n<td>0.75<\/td>\n<td>0.86<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>WB24-148<\/td>\n<td>25.90<\/td>\n<td>26.45<\/td>\n<td>0.55<\/td>\n<td>0.32<\/td>\n<td>Tiger 1<\/td>\n<\/tr>\n<tr>\n<td>WB24-149<\/td>\n<td>16.40<\/td>\n<td>25.65<\/td>\n<td>9.25<\/td>\n<td>0.11<\/td>\n<td>Tiger 1<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>18.25<\/td>\n<td>25.30<\/td>\n<td>7.05<\/td>\n<td>0.14<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>18.80<\/td>\n<td>24.40<\/td>\n<td>5.60<\/td>\n<td>0.16<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>18.80<\/td>\n<td>19.40<\/td>\n<td>0.60<\/td>\n<td>0.77<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>WB24-150<\/td>\n<td>34.00<\/td>\n<td>35.00<\/td>\n<td>1.00<\/td>\n<td>0.10<\/td>\n<td>Tiger 1<\/td>\n<\/tr>\n<tr>\n<td>WB24-151<\/td>\n<td>13.00<\/td>\n<td>15.00<\/td>\n<td>2.00<\/td>\n<td>0.74<\/td>\n<td>Tiger 3<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>13.60<\/td>\n<td>14.40<\/td>\n<td>0.80<\/td>\n<td>1.44<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>13.60<\/td>\n<td>14.00<\/td>\n<td>0.40<\/td>\n<td>2.06<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>WB24-152<\/td>\n<td>34.70<\/td>\n<td>42.85<\/td>\n<td>8.15<\/td>\n<td>0.14<\/td>\n<td>Tiger 3<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>37.05<\/td>\n<td>37.70<\/td>\n<td>0.65<\/td>\n<td>0.34<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>42.50<\/td>\n<td>42.85<\/td>\n<td>0.35<\/td>\n<td>0.42<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>WB24-153<\/td>\n<td>4.50<\/td>\n<td>6.00<\/td>\n<td>1.50<\/td>\n<td>0.44<\/td>\n<td>Tiger 3<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>4.50<\/td>\n<td>4.90<\/td>\n<td>0.40<\/td>\n<td>1.28<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>WB24-156<\/td>\n<td>13.55<\/td>\n<td>14.00<\/td>\n<td>0.45<\/td>\n<td>0.18<\/td>\n<td>Tiger 3<\/td>\n<\/tr>\n<tr>\n<td>WB24-160<\/td>\n<td>9.75<\/td>\n<td>13.80<\/td>\n<td>4.05<\/td>\n<td>0.42<\/td>\n<td>Tiger 3<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>9.75<\/td>\n<td>10.25<\/td>\n<td>0.50<\/td>\n<td>0.88<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>12.60<\/td>\n<td>13.80<\/td>\n<td>1.20<\/td>\n<td>0.95<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>13.30<\/td>\n<td>13.80<\/td>\n<td>0.50<\/td>\n<td>1.55<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>WB24-167<\/td>\n<td>15.60<\/td>\n<td>16.05<\/td>\n<td>0.45<\/td>\n<td>1.33<\/td>\n<td>Tiger 3<\/td>\n<\/tr>\n<tr>\n<td>WB24-170<\/td>\n<td>159.55<\/td>\n<td>159.95<\/td>\n<td>0.40<\/td>\n<td>0.87<\/td>\n<td>Cheetah<\/td>\n<\/tr>\n<tr>\n<td>WB24-174<\/td>\n<td>34.60<\/td>\n<td>35.05<\/td>\n<td>0.45<\/td>\n<td>0.34<\/td>\n<td>Tiger 3<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td>39.80<\/td>\n<td>40.20<\/td>\n<td>0.40<\/td>\n<td>0.62<\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>The main objective of short scouting drill holes at Cheetah was to prove that the favourable contact with supergene alteration and gold mineralization extends to 4 km away from the LGZ. \u00a0An intercept of 0.87 g\/t gold over 0.40 m was intersected where a grab sample had graded up to 6.69 g\/t gold. Initial grab sampling at Cheetah had only returned 0.20 g\/t gold. It\u2019s important to note that since 2020, more than 5,000 samples have been collected at the Lynx Gold Zone, which led to the discovery of high-grade gold zones at depth. The same successful exploration method will be deployed to develop the zones from Tiger to Cheetah.<\/p>\n<h5><strong>Figure 6. Core from the Cheetah Gold Zone located 3.25 km northeast of the Lynx Gold Zone<\/strong><\/h5>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1016692 size-full\" src=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-6.jpg\" alt=\"\" width=\"1608\" height=\"1106\" srcset=\"https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-6.jpg 1608w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-6-300x206.jpg 300w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-6-1024x704.jpg 1024w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-6-768x528.jpg 768w, https:\/\/explorationpuma.com\/wp-content\/uploads\/2024\/07\/Figure-6-1536x1056.jpg 1536w\" sizes=\"(max-width: 1608px) 100vw, 1608px\" \/><\/p>\n<h5>Table 3. Technical information for 2024 scouting drill holes<\/h5>\n<figure>\n<table>\n<tbody>\n<tr>\n<td><strong>DDH #<\/strong><\/td>\n<td><strong>Target\/Area<\/strong><\/td>\n<td><strong>East<\/strong><\/td>\n<td><strong>North<\/strong><\/td>\n<td><strong>Elev.<\/strong><\/td>\n<td><strong>Az.<\/strong><\/td>\n<td><strong>Dip<\/strong><\/td>\n<td><strong>Length<\/strong><\/td>\n<\/tr>\n<tr>\n<td>WB24-146<\/td>\n<td>Tiger 1<\/td>\n<td>660855.0<\/td>\n<td>5259952.7<\/td>\n<td>398.9<\/td>\n<td>159<\/td>\n<td>-45<\/td>\n<td>53.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-147<\/td>\n<td>Tiger 1<\/td>\n<td>660854.7<\/td>\n<td>5259953.6<\/td>\n<td>398.9<\/td>\n<td>159<\/td>\n<td>-65<\/td>\n<td>149.5<\/td>\n<\/tr>\n<tr>\n<td>WB24-148<\/td>\n<td>Tiger 1<\/td>\n<td>660847.0<\/td>\n<td>5259961.0<\/td>\n<td>399.6<\/td>\n<td>145<\/td>\n<td>-45<\/td>\n<td>62.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-149<\/td>\n<td>Tiger 1<\/td>\n<td>660822.8<\/td>\n<td>5259956.4<\/td>\n<td>397.6<\/td>\n<td>155<\/td>\n<td>-45<\/td>\n<td>77.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-150<\/td>\n<td>Tiger 1<\/td>\n<td>660874.0<\/td>\n<td>5259984.1<\/td>\n<td>400.8<\/td>\n<td>150<\/td>\n<td>-45<\/td>\n<td>74.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-151<\/td>\n<td>Tiger 3<\/td>\n<td>660906.1<\/td>\n<td>5259832.9<\/td>\n<td>414.6<\/td>\n<td>130<\/td>\n<td>-45<\/td>\n<td>56.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-152<\/td>\n<td>Tiger 3<\/td>\n<td>660905.4<\/td>\n<td>5259833.4<\/td>\n<td>414.6<\/td>\n<td>130<\/td>\n<td>-65<\/td>\n<td>65.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-153<\/td>\n<td>Tiger 3<\/td>\n<td>660921.8<\/td>\n<td>5259854.4<\/td>\n<td>416.2<\/td>\n<td>155<\/td>\n<td>-45<\/td>\n<td>71.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-154<\/td>\n<td>Tiger 3<\/td>\n<td>660936.0<\/td>\n<td>5259824.1<\/td>\n<td>415.3<\/td>\n<td>335<\/td>\n<td>-45<\/td>\n<td>32.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-155<\/td>\n<td>Tiger 3<\/td>\n<td>660936.3<\/td>\n<td>5259823.2<\/td>\n<td>415.3<\/td>\n<td>335<\/td>\n<td>-65<\/td>\n<td>35.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-156<\/td>\n<td>Tiger 3<\/td>\n<td>660919.4<\/td>\n<td>5259818.6<\/td>\n<td>414.3<\/td>\n<td>340<\/td>\n<td>-45<\/td>\n<td>32.5<\/td>\n<\/tr>\n<tr>\n<td>WB24-157<\/td>\n<td>Tiger 3<\/td>\n<td>660919.7<\/td>\n<td>5259817.8<\/td>\n<td>414.2<\/td>\n<td>340<\/td>\n<td>-65<\/td>\n<td>39.5<\/td>\n<\/tr>\n<tr>\n<td>WB24-158<\/td>\n<td>Tiger 3<\/td>\n<td>660910.7<\/td>\n<td>5259806.9<\/td>\n<td>413.4<\/td>\n<td>335<\/td>\n<td>-45<\/td>\n<td>52.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-159<\/td>\n<td>Tiger 3<\/td>\n<td>660967.8<\/td>\n<td>5259838.1<\/td>\n<td>415.5<\/td>\n<td>335<\/td>\n<td>-45<\/td>\n<td>35.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-160<\/td>\n<td>Tiger 3<\/td>\n<td>660981.4<\/td>\n<td>5259831.1<\/td>\n<td>415.3<\/td>\n<td>335<\/td>\n<td>-50<\/td>\n<td>41.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-161<\/td>\n<td>Tiger 2<\/td>\n<td>660778.5<\/td>\n<td>5259876.1<\/td>\n<td>395.0<\/td>\n<td>150<\/td>\n<td>-45<\/td>\n<td>62.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-162<\/td>\n<td>Tiger 2<\/td>\n<td>660778.1<\/td>\n<td>5259877.0<\/td>\n<td>395.0<\/td>\n<td>150<\/td>\n<td>-65<\/td>\n<td>56.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-163<\/td>\n<td>Tiger 2<\/td>\n<td>660776.3<\/td>\n<td>5259877.9<\/td>\n<td>394.8<\/td>\n<td>200<\/td>\n<td>-45<\/td>\n<td>80.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-164<\/td>\n<td>Tiger 2<\/td>\n<td>660800.0<\/td>\n<td>5259900.8<\/td>\n<td>396.3<\/td>\n<td>155<\/td>\n<td>-45<\/td>\n<td>59.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-165<\/td>\n<td>Tiger 4<\/td>\n<td>661018.9<\/td>\n<td>5260115.7<\/td>\n<td>416.7<\/td>\n<td>155<\/td>\n<td>-45<\/td>\n<td>27.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-166<\/td>\n<td>Tiger 4<\/td>\n<td>661018.9<\/td>\n<td>5260115.7<\/td>\n<td>416.7<\/td>\n<td>210<\/td>\n<td>-45<\/td>\n<td>80.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-167<\/td>\n<td>Tiger 3<\/td>\n<td>660962.1<\/td>\n<td>5259917.2<\/td>\n<td>419.1<\/td>\n<td>155<\/td>\n<td>-45<\/td>\n<td>53.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-168<\/td>\n<td>T20-09<\/td>\n<td>661176.8<\/td>\n<td>5260329.6<\/td>\n<td>425.3<\/td>\n<td>155<\/td>\n<td>-45<\/td>\n<td>53.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-169<\/td>\n<td>Cheetah<\/td>\n<td>662318.6<\/td>\n<td>5261636.9<\/td>\n<td>454.2<\/td>\n<td>155<\/td>\n<td>-45<\/td>\n<td>131.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-170<\/td>\n<td>Cheetah<\/td>\n<td>662318.4<\/td>\n<td>5261637.6<\/td>\n<td>454.0<\/td>\n<td>155<\/td>\n<td>-65<\/td>\n<td>191.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-171<\/td>\n<td>Cheetah<\/td>\n<td>662470.6<\/td>\n<td>5261858.6<\/td>\n<td>433.3<\/td>\n<td>155<\/td>\n<td>-45<\/td>\n<td>127.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-172<\/td>\n<td>Cheetah<\/td>\n<td>662252.4<\/td>\n<td>5261633.6<\/td>\n<td>448.9<\/td>\n<td>155<\/td>\n<td>-45<\/td>\n<td>119.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-173<\/td>\n<td>Zone 40<\/td>\n<td>661901.5<\/td>\n<td>5261130.9<\/td>\n<td>457.0<\/td>\n<td>155<\/td>\n<td>-65<\/td>\n<td>149.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-174<\/td>\n<td>Tiger 3<\/td>\n<td>660927.3<\/td>\n<td>5259841.9<\/td>\n<td>415.6<\/td>\n<td>215<\/td>\n<td>-45<\/td>\n<td>86.0<\/td>\n<\/tr>\n<tr>\n<td>WB24-175<\/td>\n<td>Tiger 2<\/td>\n<td>660806.2<\/td>\n<td>5259884.7<\/td>\n<td>398.5<\/td>\n<td>230<\/td>\n<td>-45<\/td>\n<td>119.0<\/td>\n<\/tr>\n<tr>\n<td><strong>Total Final<\/strong><\/td>\n<td><strong>\u00a0<\/strong><\/td>\n<td><strong>\u00a0<\/strong><\/td>\n<td><strong>\u00a0<\/strong><\/td>\n<td><strong>\u00a0<\/strong><\/td>\n<td><strong>\u00a0<\/strong><\/td>\n<td><strong>\u00a0<\/strong><\/td>\n<td><strong>2 266.5<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>Follow-up trenching and mapping are underway to understand the different styles of gold mineralization within the large gold trend (high-grade quartz veins vs disseminated ) and further enhance our geological model. Also, the recent drone magnetic survey identified several targets within an area of 2 km X 6 km that are currently being stripped, mapped, trenched and sampled to identify priorities for future drilling.<\/p>\n<h3>2024 Plans<\/h3>\n<p>Puma is focused on growing the volume, scale, and grade of the Williams Brook Gold Project. Its 2024 plans include:<\/p>\n<figure>\n<table>\n<tbody>\n<tr>\n<td>Prove the continuity of the gold mineralization sampled at the Tiger Gold Zone along the 4.0km strike extension of the Lynx Gold Trend with drilling.<\/td>\n<td><strong>Completed<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Complete a detailed drone magnetic survey over the Lynx Gold Trend, including the recently drilled 3.5 km extension.<\/td>\n<td><strong>Completed<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Drill high-grade targets at the Lynx Gold Zone and expand to depth the high-grade mineralized intercepts drilled in 2023.<\/td>\n<td><strong>Fall 2024<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Expand regional exploration to new areas of the property and newly acquired land packages to identify additional priority targets and add to the project\u2019s gold inventory.<\/td>\n<td><strong>Ongoing<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Demonstrate and continue to improve the gold recoveries at Williams Brook with conventional processing techniques.<\/td>\n<td><strong>Ongoing<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<h2>About the Williams Brook Gold Project<\/h2>\n<p>Puma&#8217;s flagship Williams Brook Gold Project comprises four properties covering over 50,000 ha in Northern New Brunswick\u2014an established and mining-friendly jurisdiction near paved roads and excellent infrastructure. The land package is located near the Rocky Brook Millstream Fault (\u201cRBMF\u201d), a major regional structure formed during the Appalachian Orogeny and a significant control for gold deposition in the region.<\/p>\n<p>Puma\u2019s successful exploration model returned, amongst others, <strong>5.50 g\/t gold over 50.15 m<\/strong> in hole WB21-02 (<em>see Sept.15, 2021, News Release<\/em>), <strong>2.77 g\/t gold over 42.80 m<\/strong> in hole WB 22-66 (<em>see June 8, 2022, News Release<\/em>), <strong>2.49 g\/t gold over 63.05 m<\/strong> in WB23-139 (see Oct. 31, 2023 News Release), <strong>5.15 g\/t gold over 23.15 m<\/strong> in WB23-142 and <strong>1.24 g\/t gold over 98.05 m<\/strong> in WB23-145 (<em>see Nov. 16, 2023 News Release<\/em>). Since 2021, with less than C$15 M of exploration investment, Puma has made multiple gold discoveries at the Williams Brook property and believes it hosts an extensive orogenic gold system. Puma\u2019s ongoing exploration programs are focused on building a gold camp in Northern New Brunswick, Canada.<\/p>\n<p>Dr. Gregg Morrison, a leading expert on intrusion-related, porphyry and epithermal gold systems, stated: \u201c<strong><em>I believe Williams Brook is part of the same family of gold systems as Fosterville and Sunday Creek in Australia and Valentine Lake in Newfoundland<\/em><\/strong><em>. These other deposits are known for their structure-controlled mineralization, metal zoning, free gold in bonanza shoots and kilometre scale depth extent. The similarities to these more <\/em>comprehensively <em>explored deposits gives real confidence to deeper drilling in the Lynx Zone and continued exploration around the feeder structures in the Williams Brook District.\u2019\u2019<\/em><\/p>\n<h2>Qualified Person<\/h2>\n<p>Dominique Gagn\u00e9, P.Geo, a consultant of Puma and a qualified person as defined by National Instrument 43-101\u2014Standards of Disclosure for Mineral Projects, reviewed and approved this release&#8217;s technical information.<\/p>\n<h2>About Puma Exploration<\/h2>\n<p>Puma Exploration is a Canadian-based mineral exploration company with precious metals projects in New Brunswick, near Canada&#8217;s Famous Bathurst Mining Camp (&#8220;BMC&#8221;). Puma has a long history in Northern New Brunswick, having worked on regional projects for over 15 years. As a first mover, the Company quickly and strategically accumulated an impressive portfolio of prospective gold landholdings in the area. Puma\u2019s successful exploration methodology combines old prospecting methods with detailed trenching and up-to-date technology such as Artificial Intelligence (\u201cAI\u201d) to facilitate an understanding of the geology and associated mineralized systems.<\/p>\n<p>Armed with geophysical surveys, geochemical data and consultants\u2019 expertise, Puma has developed a perfect low-cost exploration tool to discover gold at shallow depths and maximize drilling results.<\/p>\n<p>Connect with us on <a href=\"https:\/\/www.facebook.com\/pages\/Puma-Exploration\/205712039487571\">Facebook<\/a> \/ <a href=\"https:\/\/twitter.com\/explorationpuma\">X<\/a>\/ <a href=\"https:\/\/www.linkedin.com\/company\/puma-exploration-inc\/\">LinkedIn<\/a>.<\/p>\n<p>Visit <a href=\"http:\/\/www.explorationpuma.com\/\">www.explorationpuma.com<\/a> for more information or contact:<\/p>\n<p><strong>Marcel Robillard<\/strong>, President and CEO, (418) 750-8510;<br \/>\n<a href=\"mailto:president@explorationpuma.com\">president@explorationpuma.com<\/a><\/p>\n<p><strong>Mia Boiridy<\/strong>, Head of Investor Relations and Corporate Development, (250) 575-3305;<br \/>\n<a href=\"mailto:mboiridy@explorationpuma.com\">mboiridy@explorationpuma.com<\/a><\/p>\n<p>Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<\/p>\n<p><em>Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve several known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of Puma to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made, except as required by law. Puma undertakes no obligation to publicly update or revise any forward-looking statements. The quarterly and annual reports and the documents submitted to the securities administration describe these risks and uncertainties.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rimouski, July 11, 2024\u2014Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the &#8220;Company&#8221; or &#8220;Puma&#8221;) announces the results of its maiden scouting drilling program outside of the main Lynx Gold Zone (\u201cLGZ\u201d) at its 100%-owned Williams Brook Gold Project in Northern New Brunswick. The 2,270 metres shallow diamond drilling was devised as a follow-up to Puma\u2019s [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":1015775,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[83],"tags":[101,102,104,96,99,103,100,98,94],"class_list":["post-1016677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-83","tag-assays","tag-drilling","tag-family-offices","tag-gold","tag-gold-exploration","tag-lynx-gold-zone","tag-new-brunswick","tag-resource-investing","tag-williams-brook","entry","has-media"],"_links":{"self":[{"href":"https:\/\/explorationpuma.com\/en\/wp-json\/wp\/v2\/posts\/1016677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/explorationpuma.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/explorationpuma.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/explorationpuma.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/explorationpuma.com\/en\/wp-json\/wp\/v2\/comments?post=1016677"}],"version-history":[{"count":12,"href":"https:\/\/explorationpuma.com\/en\/wp-json\/wp\/v2\/posts\/1016677\/revisions"}],"predecessor-version":[{"id":1016704,"href":"https:\/\/explorationpuma.com\/en\/wp-json\/wp\/v2\/posts\/1016677\/revisions\/1016704"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/explorationpuma.com\/en\/wp-json\/wp\/v2\/media\/1015775"}],"wp:attachment":[{"href":"https:\/\/explorationpuma.com\/en\/wp-json\/wp\/v2\/media?parent=1016677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/explorationpuma.com\/en\/wp-json\/wp\/v2\/categories?post=1016677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/explorationpuma.com\/en\/wp-json\/wp\/v2\/tags?post=1016677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}