Puma Exploration stakes 379 claims at McKenzie

Executive Summary

• Puma Exploration Inc. has expanded its McKenzie gold project in Northern New Brunswick by staking two new claim blocks, increasing the total land position to 42,053 hectares.
• The expansion secures key ground adjacent to the newly discovered Grog gold zone (which returned grab samples up to 9.21 g/t Au) and extends exposure along the McKenzie fault near the RIM gold vein.
• The company also completed the acquisition of a regional office and core storage facility and commended the New Brunswick government's new comprehensive minerals strategy.

Key Details

• Land Expansion: Staked two new claim blocks totaling 379 claims and 8,253 hectares.
• Total Project Size: The McKenzie gold project now covers 42,053 hectares.
• Northern Block (Grog Area):
  • Covers ~250 claims (5,427 hectares).
  • Secures ground adjacent to the Grog gold zone.
  • Grog zone surface exploration in 2025 returned grab samples of up to 9.21 grams per tonne Au.
  • Mineralization associated with brittle faults and fractures; focus on identifying additional structures along the same trend.
• Southern Block (RIM Area):
  • Covers 129 units (2,812 hectares).
  • Secures ~5 additional kilometers of the McKenzie fault.
  • Associated with the RIM gold vein.
  • Initial shallow diamond drilling at RIM completed: 43 NQ drill holes for 2,721.5 metres.
  • Assays for the 43 drill holes are pending.
• Other Targets:
  • Bonanza and Dome showings (3 km south of RIM) returned up to 362 grams per tonne Au in 2023 trenching/sampling.
  • Dome showing features a tightly folded and discordant quartz vein.
• Facility Acquisition: Completed acquisition of a residential building, core storage facility, warehouse, and related land to serve as the regional exploration office and operational base.
• Regulatory Context: Commended New Brunswick's comprehensive minerals strategy launched March 2, 2026, focusing on economic growth, exploration, and environmental stewardship.

Notable Quotes

• Marcel Robillard, President and CEO: "This expanded land position enhances the company's ability to advance discovery in Northern New Brunswick and build scale around multiple gold targets across the McKenzie gold project. This strategic expansion further strengthens Puma's control over a highly prospective gold corridor, securing key ground along both the project's northern and southern extensions."