The discovery, located 35 meters NE of the O'Neil Showing, was made during Phase 2 of the current trenching program (T20-21 to T20-29) conducted on the O'Neil Gold Trend (OGT). Phase 1 of the exploration program successfully expands the OGT over 5 km from the High-Grade O'Neil Showing towards the north-east. Of particular interest is the discovery of a significant zone (50 m by 25 m) of a large altered and mineralized system composed of quartz veins and quartz stockwork within the 40 Zone located 2.5 km NE of the high-grade gold O'Neil Showing. The assays from this zone are pending.
HIGHLIGHTS: Visible GOLD (VG) discovered 35 meters NE of the O'Neil high-grade Gold Showing
29 trenches for 4,000 meters executed mainly in the O'Neil Gold Trend (OGT)
The favorable unit (altered rhyolite) hosting the O'Neil Showing expanded over 5 km at OGT
Discovery of significant altered rhyolite, quartz veins and quartz stockwork within the 40 Zone at OGT
Channel sampling and detailed mapping in progress at the
Stripped Area of 75m X 150m (Wood cutting and stripping) in progress the
Over 500 samples from the current work are currently at the lab (assays pending)
ABOUT
Contact:
Tel: (418) 724-0901
Forward-Looking Statements
This press release may contain forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which 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 forwardlooking statements. These risks and uncertainties are described in the quarterly and annual reports and in the documents submitted to the securities administration.
(C) 2020 Electronic News Publishing, source