Puma finds visible gold at Williams Brook drill program
Executive Summary
- Puma Exploration resumed its fully‑financed $2 M 2025 drilling program at the Williams Brook project, intersecting visible gold (VG) in hole WB25‑181 at a vertical depth of ~250 m – the deepest VG occurrence to date.
- Six holes totaling 1,343 m were completed before a provincial ban halted work; drilling has now restarted and the program targets 3,500 m this year.
- Surface sampling continues across the Lynx gold zone (410 samples) and Jaguar gold zone (306 samples), with historic high‑grade grab results (up to 34.70 g/t Au) reported for Jaguar.
Key Details
- Drilling Highlights – Lynx Gold Zone
- Hole WB25‑181 intersected fine to very fine VG grains at 355 m down‑hole (≈250 m vertical depth).
- Six holes completed, delivering 1,343 m of core before the Aug 10, 2025 provincial exploration ban; work has now resumed.
- Fresh rock beneath oxide zone intersected, confirming continuity of the targeted mineralized horizon.
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Quartz‑carbonate veins with trace sulfides (pyrite, sphalerite, chalcopyrite, galena) encountered in multiple holes.
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Program Scope
- Fully financed $2 M exploration program in partnership with Kinross Gold.
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Planned total of 3,500 m drilling at Lynx during 2025‑2026 to delineate mineralization and structural controls.
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Surface Exploration – Lynx Zone
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410 channel samples collected; assay results pending.
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Upcoming Drilling – Jaguar Gold Zone (JGZ)
- Technical committee planning a 1,500 m drill program at JGZ (≈5 km NE of Lynx).
- Historical drilling (2008) reported: 0.52 g/t Au over 55 m; 0.68 g/t Au over 42 m; 0.21 g/t Au over 64 m.
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Recent trenching/strip‑sampling (2022) returned up to 34.70 g/t Au in grab samples; 306 samples averaged 1.72 g/t Au, with 31 % >1.00 g/t Au.
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Additional Exploration Activities
- 570 prospecting/trenching/excavation samples collected across the entire Williams Brook project.
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2,265 m of trenching completed on priority targets; exploration initiated at Jonpol/Portage properties.
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Quality Assurance / Quality Control (QA/QC)
- Core and grab samples bagged, sealed, and sent to ALS Chemex (Moncton, NB) for fire assay (Au‑ICP21).
- External gold standards and blanks inserted every 20 samples; duplicates, blanks, and standards also run.
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Samples >10 g/t Au or with abundant VG analyzed by gravity finish (Au‑GRA22); check assays performed on VG samples.
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Qualified Person
- Dominique Gagne, P.Geo., Vice‑President of Exploration, reviewed and approved the technical content per NI 43‑101.
Notable Quotes
(No direct CEO/President quotes were included in this release.)