PUMA EXPLORATION INC. (TSXV: PUMA/ OTCQB: PUMXF) is a Canadian mineral exploration company focused on discovering gold orebodies in an area that is emerging as a new gold camp near the famous Bathurst Mining Camp of New Brunswick, Canada.
Puma controls thousands of hectares of easily accessible prime land in the most prolific precious metal horizons of the region, including the Williams Brook property, where prospecting and sampling resulted in a major gold discovery in 2020. The exciting discovery was confirmed by an intersection of 5.55 g/t Au over 50.15 metres during the Company's inaugural drilling campaign on the property in the summer of 2021.
Puma's exploration and development activities are governed by its ESG principles of sustainable development, social responsibility and acceptability, transparency and good governance. Minimizing the environmental impacts of exploration has been a top priority for the Company since its inception.
At the core of its values, Puma is committed to establishing mutually-beneficial alliances with the communities that surround its projects. The Company has signed an MOU with the Pabineau First Nation and proactively seeks input as it advances development on its projects.
The Company is sufficiently funded to execute the next phase of its exploration program on its large land package in 2024, including a drilling campaign to extend the Lynx Gold Zone 3 km to the newly discovered Tiger Gold Zone.
Backed by significant strategic investments and managed by experienced professionals, Puma is focused on generating maximum shareholder value through its development, exploration, acquisition and royalties ("DEAR") strategy.
Major gold discovery with large expansion potential
Shallow orogenic Fosterville-style gold deposit. Bonanza-grade gold shoots across 100 m-wide corridor. Potential for km scale depth extent and >4 km lateral strike extension.
Impressive gold recoveries
Free gold with sulphides in quartz veins — 92% recovery by gravity alone (initial met test).
Blue Sky Potential
3 additional gold zones identified on the 60,000+ ha land package. Potential for many gold deposits. Puma is building a gold Camp at Williams Brook.
Excellent Jurisdiction and Proximity to infrastructure
Excellent relationship with provincial government, local communities and First Nations. Close to highway, powerline, airport and deep-water port facilities.Read less
See Puma Exploration Inc. at the Vancouver Resource Investment Conference.