Northwire Canada EditionSunday, August 9, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Drill Results

Puma Exploration samples 126.96 g/t Au at McKenzie

PUMA · Price

Executive Summary

  • Puma Exploration Inc. reports high-grade gold sampling results from its McKenzie gold project in Northern New Brunswick, with samples returning up to 126.96 g/t Au.
  • The company has launched an inaugural 2,500-metre drilling program to test the high-grade RIM gold zone, following a successful summer trenching and stripping program that extended the zone by 100 metres.
  • Structural insights from a field study indicate the high-grade segment of the main shear vein plunges shallowly toward the west-southwest, guiding the focus of the new drilling program.

Key Details

  • Sampling Results:
    • Highest grade: 126.96 g/t Au.
    • Other significant intercepts: 125.66 g/t Au, 84.41 g/t Au, and 79.69 g/t Au.
    • These results add to high-grade results from the 2024 sampling program.
  • Trenching and Stripping Program:
    • Extended the RIM gold zone by an additional 100 metres along strike, nearly doubling its previously known length.
    • Six trenches covering approximately 355 metres were completed.
    • 121 samples were collected; over 44 samples (36%) returned grades greater than 1.00 g/t Au.
    • The vein system in the northern section spans 35 metres in width.
    • The RIM gold vein system remains open in all directions.
    • Visible gold (VG) was observed in several locations across newly exposed sections.
    • An additional excavator has been mobilized to accelerate trenching and stripping of the RIM gold zone extensions.
  • Drilling Program:
    • Inaugural program consists of 2,500 metres of drilling.
    • Target: High-grade RIM gold zone.
    • Program set to begin "this week" relative to the release date.
  • Geological and Structural Insights:
    • The quartz vein system at RIM features a main shear vein accompanied by extension veins.
    • The main shear vein is mineralized along nearly its entire strike length.
    • Highest gold grades are concentrated in the thicker, central section of the vein.
    • High-grade segment of the main shear vein plunges shallowly toward the west-southwest.
    • Results support the interpretation of a large, structurally controlled corridor hosting multiple subparallel quartz veins.
    • Company compares potential scale and geological setting to Victoria (Australia) and Meguma (Nova Scotia, Canada) gold belts.
  • QA/QC:
    • Samples shipped to MSALABS (Val d'Or, Que.) for analysis.
    • Processing method: PhotonAssay technology (accurate and rapid gold determinations on unpulverized samples).
    • Protocol includes systematic insertion of certified reference materials and blanks in every batch.

Notable Quotes

  • Marcel Robillard, President and CEO: "We are thrilled to launch our first drilling program at McKenzie. Over the past year, we have carefully applied our proven surface exploration methodology to this project, and with additional insights from a structural expert, we are confident that this upcoming drilling program will deliver strong results. We have always maintained that McKenzie is as prospective as Williams Brook; both projects host orogenic gold systems that share many similarities, and we are eager for Puma to focus on advancing exploration there."
Read the original news release →

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