Puma Exploration Inc. (the “Company” or “Puma”) provided an update on the progress of the summer-fall 2021 exploration work program at its Williams Brook Gold Property in New Brunswick, Atlantic Canada. The core-oriented maiden drill campaign was completed on August 20, 2021. It consisted of 18 holes for a total of 2,360 meters that tested a 200-meter segment of the 700-meter-long O’Neil Gold Trend (OGT). The assay results for the six first holes were released mid-September and all six (6) holes intersected significant gold mineralisation including the discovery hole WB21-02 that cut 5.55 g/t Au over 50.15 meters from surface, including 9.88 g/t Au over 8.60 meters and 46.94 g/t Au over 3.85 meters. The assays are pending for the remaining 12 drill holes. Aggressive grab sampling program completed over 400 meters along the OGT between the O’Neil and Chubby Gold Zones. Wood cutting and stripping in progress over the contact sediment-rhyolite to continue the aggressive grab sampling program for an additional 300 meters beyond Chubby along the OGT. Prospection, exploration trenching, and grab sampling in progress over the entire 7km NE extension of the OGT. Trenching and sampling of quartz veins discovered at the lower (southeast) contact of the rhyolite. Metallurgical tests in preparation on different mineralised gold zones. A geophysical ground IP test survey in progress over the drilled area (6 lines for 3.3km). The completion of the heliborne VTEM and new radiometric surveys in progress to cover the entire Williams Brook Gold Property. Work in progress to establish a 3D structural model with the new data of the recent drilling campaign in collaboration with Terrane Geosciences. The O’Neil Gold Trend (OGT) is a pervasive altered and brecciated rhyolite unit hosting significant gold showings and occurrences followed by trenching and drilling over a strike length of 700 meters. The geophysical signature of the OGT is expressed over 7km. The favourable unit (rhyolite) is similar and parallel to the structures hosting the “Williams 1” and “Williams 2” Gold Zones where previous operator drilled in 2008, 54.2 g/t Au over 2.8 meters and 1 g/t Au over 23 meters. These trends are interpreted to be related to a major rifting in the New Brunswick Geological events and could represent a low sulphidation epithermal gold system. Along the OGT, the width of the rhyolite varies from 5 to 250 meters with an average apparent thickness of 150 meters. Discovery hole WB21-02 intersected 5.55 g/t Au over 50.15 meters from surface. The mineralised 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 mineralised rhyolite.