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    PUMA   CA74588S2029

PUMA EXPLORATION INC.

(PUMA)
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Puma Exploration Inc., Announce Results from the Six Initial Drill Holes Completed at its Williams Brook Gold Project Located in New Brunswick, the Emerging New Gold District of Atlantic, Canada

09/15/2021 | 05:00am EDT

Puma Exploration Inc., announce results from the six (6) initial drill holes completed at its Williams Brook Gold Project located in New Brunswick, the emerging new gold district of Atlantic, Canada. Discovery hole WB21-02 intersected 5.55 g/t Au over 50.15 meters from surface. The mineralized and altered zone drilled includes two main high-grade intercepts of 9.88 g/t Au over 8.60 meters and 46.94 g/t Au over 3.85 meters. All the six (6) first holes intersected significant high-grade gold quartz veins and quartz networks within the altered and mineralized rhyolite. All 18 drill holes completed to date, testing the Lynx Zone have intercepted the mineralized and altered rhyolite unit. Drill core from 12 other holes has been sent to the lab and assays are pending. Following these excellent drill results, the company has recently decided to increase its planned campaign to 10,000 meters, up from the initial 2,000 meters. The drilling program was designed to better understand the spatial geometry of the mineralized envelope and discover any new potential high-grade zones extending at depth. It was planned with the support of Terrane Geoscience Inc. who completed, earlier this summer, a study of the alteration pattern and structural analysis of the main vein. The holes were oriented to intersect the down-dip projection of significant high-grade gold vein networks exposed at surface in trenches and in stripped areas at the Lynx Gold Zone along the O’Neil Gold Trend (OGT).


ę S&P Capital IQ 2021
All news about PUMA EXPLORATION INC.
10/22PUMA EXPLORATION : Drilled 1.00 gt au over 40.6 meters and extends the gold mineralised zo..
AQ
10/21PUMA EXPLORATION : Reports Maiden Drilling Results for Williams Brook Gold Project
MT
10/21PUMA EXPLORATION : Drilled 1.00 g/t Au Over 40.6 Meters and Extends the Gold Mineralised Z..
AQ
10/21Puma Exploration Announces Results for Six Additional Drill Holes for Williams Brook Go..
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10/18PUMA EXPLORATION INC.(TSXV : PUMA) added to S&P/TSX Venture Composite Index
CI
10/14PUMA EXPLORATION : Identifies More High-Grade Gold Veins From Surface Sampling on Williams..
MT
10/14PUMA EXPLORATION : Identifies More High-Grade Gold Veins With up to 199 G/T* Au From Surfa..
AQ
10/14Puma Exploration Identifies More High-Grade Gold Veins With up to 199 G/T Au From Surfa..
CI
10/07PUMA EXPLORATION : Provides Exploration Update on O'Neil Gold Trend at Williams Brook Gold..
MT
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Financials
Sales 2021 - - -
Net income 2021 -1,19 M -0,96 M -0,96 M
Net cash 2021 1,87 M 1,51 M 1,51 M
P/E ratio 2021 -8,46x
Yield 2021 -
Capitalization 44,5 M 36,0 M 35,9 M
EV / Sales 2020 -
EV / Sales 2021 -
Nbr of Employees -
Free-Float 95,4%
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Managers and Directors
Marcel Robillard President, Chief Executive Officer & Director
Ginette Gosselin Brisson Chief Financial Officer
RÚjean Gosselin Executive Chairman
Richard Andre Thibault Independent Director
Michel Fontaine Director
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