Puma Increases the High-Grade Gold Footprint of the Lynx Gold Zone and Extends it at depth. Hole WB23-139 intersected 63.05 m at 2.49 g/t gold, including two high-grade gold intervals of 37.40 g/t gold over 2.50 m and 21.66 g/t gold over 2.,55 m. 2.06 g/t gold over 5.20 m was intercepted at 215 m downhole (WB23-137)- the deepest occurrence of gold to date. Lower-grade gold envelopes of 0.49 g/t to 0.67 g/t gold over 22.80 to 30.95 m surround the higher-grade gold shoots.

Today's results have also increased the continuity of the high-grade gold at surface with an intersection of 30.90 m grading 1.10 g/t gold in WB23-136 and 5.00 m of 2.79 g/t gold inWB23-137 starting at 8 m and 2 m below surface respectively. All drill holes reported in this release successfully intersected the quartz-bearing structures and new gold mineralization. Hole WB23-139 returned the second longest high-grade gold interval of all the holes drilled with 165.55 gram-metres gold.

The remaining six (6) holes (1,105 m) of the 2023 drilling program tested the NE extension of the mineralized corridor at depth and intersected visible gold. Assay results are pending and will be released once received. Assay results for holes WB23-133 to -139.

Assay results for holesWB23-133 to -140. Hole WB23-133, 30.95, 61.80, 30.85, 0.59, 32.10, 50.70, 18.60, 0.74, 32.10, 10.10, 3.24, 49.00, 49.35, 0.35, 4.33, 50.70, 0.50, 8.25, 60.15, 60.90, 0.75, 5.18, WB23-136, 8.30, 39.20, 1.10, 1.10, Incl., 8.30, 11.40, 3.10, and, 37.15, 39.20, 2.10, Incl., 7.35, 3.00, 2.01, and, 89.95, 63.05, 2.49, 92.50, 2.55, 21.66, and 134.60, 18.40, 5.51, incl., 149.50, 153.00, 3.50, 3.50, 27.33, and, 210.40, and, 210.40.