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    PUMA   CA74588S2029

PUMA EXPLORATION INC.

(PUMA)
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Puma Exploration Inc. Drills Visible Gold in the Inaugural Drilling Program at Williams Brook Gold Property, New Brunswick, Canada

07/15/2021 | 09:40am EDT

Puma Exploration Inc. released initial observations from its 2021 inaugural diamond drill campaign at its 100-per-cent-controlled Williams Brook Gold property, located in New Brunswick, Atlantic Canada. The program is designed to trace the high-grade gold vein networks exposed at surface at the Lynx Gold Zone, to better define any potential high-grade shoot gold system extanding at depth and along strike. To date, four holes, totaling 524.5 meters, drilled along within the same section N155 and collared over the high-grade gold mineralization at the LYNX Gold Zone, are completed. Few specks of Visible Gold were encountered in the first two holes (WB21-01 and WB21-02) that are currently logged and splitted adequately. All holes were collared in a strong altered and brecciated rhyolite and/or altered sediments. Abundant quartz veins and large network of quartz veinlets were also observed showing pervasive sericite alteration with disseminated sulphides over more than 50 meters in each hole.


ę S&P Capital IQ 2021
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Financials
Sales 2021 - - -
Net income 2021 -1,19 M -0,94 M -0,94 M
Net cash 2021 1,87 M 1,48 M 1,48 M
P/E ratio 2021 -8,46x
Yield 2021 -
Capitalization 40,1 M 31,7 M 31,8 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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