Puma samples 19.55 g/t Au, 3.32% Cu at Jonpol

Executive Summary

• Puma Exploration Inc. reported high-grade gold and copper values from its 2025 surface sampling program at the Jonpol property, part of the Williams Brook project optioned to Kinross Gold.
• Ten trenches totaling 809 meters were excavated, yielding 169 samples, with 12 exceeding 0.50 g/t Au.
• The results highlight the Ramsay Brook fault (RBF) as a highly prospective target for significant gold mineralization, potentially hosting a major gold-bearing trend over at least two kilometers.

Key Details

• Top Intercepts:
  • Trench T25-10 yielded up to 19.55 g/t Au and 3.32% Cu.
  • Trench T25-10 also returned 5.64 g/t Au and 2.32% Cu.
• Additional Significant Values:
  • Sampling along the Ramsay Brook fault showed values of 9.05 g/t Au, 2.71 g/t Au, 1.62 g/t Au, and 1.04 g/t Au.
  • Historical grab samples from trenches dug between 1985 and 1988 reported gold grades up to 17.1 g/t Au, 14.8 g/t Au, 10.6 g/t Au, 6.8 g/t Au, 5.1 g/t Au, and 3.4 g/t Au.
  • Previous diamond drilling yielded: 1.13 g/t Au across 12.0 m; 1.37 g/t Au across 6.0 m; 1.37 g/t Au over 1.4 m; 3.89 g/t Au for 1.0 m; and 2.78 g/t Au over 1.5 m.
• Program Scope:
  • 10 trenches excavated.
  • Total length: 809 meters.
  • Total samples collected: 169.
  • Samples exceeding 0.50 g/t Au: 12.
• Geological Context:
  • Mineralized quartz-carbonate veinlets at the contact between altered gabbro and silicified sedimentary units contain abundant copper oxides (azurite and malachite) and visible chalcopyrite crystals.
  • Structural mapping identifies four major northeast-southwest faults with most gold showings located near these faults or adjacent intrusive rocks.
• QA/QC Measures:
  • Samples sent to ALS Chemex in Moncton, N.B.
  • Analysis method: Fire assay (Au-ICP21).
  • Samples over 10 g/t gold analyzed with gravity finish (Au-GRA22).
  • External gold standards and blanks inserted every 20 samples; check assays performed for samples with visible gold.
• Kinross Gold Option Terms:
  • Kinross can earn a 65% interest by financing a minimum of $16.75 million in exploration expenditures over five years.
  • Includes a firm commitment of $2 million with at least 5,000 meters of drilling in the first 18 months.

Notable Quotes

• "These sampling results provide compelling evidence that the Ramsay Brook fault (RBF) is highly prospective for significant gold mineralization. It could host a major gold-bearing trend stretching over at least two kilometres."