Northwire Canada EditionWednesday, July 15, 2026
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LIF 27.02 −0.7% CPAU 0.155 +0.0% PTX 0.110 +0.0% VENT 0.160 +0.0% ANK 0.280 −3.5% ODV 3.32 −1.5% MINK 0.105 +0.0% ZEN 0.670 +4.7% LCE 0.250 +4.2% CBA 0.085 +0.0% SGU 0.040 +0.0% COSA 0.610 −1.6% DML 4.42 −0.9% MTT 0.150 +0.0% LME 0.190 +2.7% SVM 13.19 −0.1% LIF 27.02 −0.7% CPAU 0.155 +0.0% PTX 0.110 +0.0% VENT 0.160 +0.0% ANK 0.280 −3.5% ODV 3.32 −1.5% MINK 0.105 +0.0% ZEN 0.670 +4.7% LCE 0.250 +4.2% CBA 0.085 +0.0% SGU 0.040 +0.0% COSA 0.610 −1.6% DML 4.42 −0.9% MTT 0.150 +0.0% LME 0.190 +2.7% SVM 13.19 −0.1%
Drill Results Routine +

Puma Exploration Confirms Broad Gold System at Jaguar; Kinross Launches 2026 Summer Program at Williams Brook

Kinross Validation Sustains Williams Brook Momentum Despite Modest Grade Intercepts

By The Northwire Desk — AI Analysis May 21, 2026 · 08:03 PUMA · 0.145 Puma Exploration Inc.
Executive Summary
  • Puma Exploration Inc. announced results from Kinross Gold Corp's Winter 2026 drilling campaign at the Williams Brook Gold Project.
  • Significant broad mineralization identified in the Jaguar Gold Zone (JGZ), specifically hole WB26-195 intersecting 0.45 g/t Au over 56.50 m.
  • High-grade gold confirmed in the Lion Gold Zone (LIGZ) with 16 g/t Au over 0.50 m via photon analysis.
  • Kinross launched its Summer 2026 exploration program including soil surveys, geophysical drone magnetic surveys, and prospecting/trenching.
  • Jaguar zone upgraded to a high-priority target within the Williams Brook Gold System.
  • Potential for $13M+ in additional work expected over the next 4 years under the Kinross agreement.
Material Impact
  • The news confirms execution of the previously announced Year 2 Kinross option commitment ($3M budget), validating the partnership rather than introducing new strategic terms.
  • Broad mineralization at Jaguar (0.45 g/t Au over 56.50 m) supports a bulk tonnage model but is lower grade than McKenzie grab samples or previous Lynx drilling intercepts, suggesting different economic potential.
  • The confirmation of the Summer program reduces execution risk regarding Kinross's continued funding commitment for Williams Brook.
  • No new financing was announced; capital needs remain covered by existing Kinross commitments and Puma's corporate cash position.
  • Market expectations were already priced in following the December 2025 Kinross investment ($2M equity + $3M exploration), making this a confirmation of progress rather than a surprise catalyst.
PUMA · Price
Company Overview
  • Strategy: DEAR (Discovery, Exploration, Acquisition, Royalties) aimed at increasing shareholder value while limiting dilution.
  • Flagship Project: Williams Brook Gold Project (40,225 ha), optioned to Kinross Gold Corp.
  • Key Zones: Lynx Gold Zone (LGZ), Jaguar Gold Zone (JGZ), Lion Gold Zone (LIGZ).
  • Secondary Projects: McKenzie Gold Project (non-optioned, high-grade gold potential), Jacquet River Project (expanded land position), Legacy Project (Cu-Ag via Murray Brook Minerals subsidiary).
  • Location: Northern New Brunswick, near the Bathurst Mining Camp.
Read the original news release →

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May 05, 2026 · 08:03

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Drill Results Feb 26, 2026 · 08:03

Puma pivots to McKenzie Gold Project as Kinross takes the wheel at Williams Brook

Drill Results