Northwire Canada EditionTuesday, August 25, 2026
Northwire
GOLD 4705.00 +0.1% SILVER 68.72 +0.2% COPPER 6.71 +1.6% OIL 82.16 −3.4% PALLADIUM 1334.75 −2.1% DLTA 0.185 +0.0% EMO 0.395 −2.5% GR 0.070 +0.0% MGG 0.400 +2.6% EVI 0.550 +0.0% AVL 8.65 +8.0% VCG 1.60 +16.8% TTS 2.55 −1.9% SCMI 1.93 +4.3% RIO 3.57 +4.7% PUMA 0.145 +11.5% TRR 0.360 +0.0% TECT 2.70 +0.8% OGN 5.18 −1.8% GGD 4.37 +3.2% NAU 1.63 +2.5% GOLD 4705.00 +0.1% SILVER 68.72 +0.2% COPPER 6.71 +1.6% OIL 82.16 −3.4% PALLADIUM 1334.75 −2.1% DLTA 0.185 +0.0% EMO 0.395 −2.5% GR 0.070 +0.0% MGG 0.400 +2.6% EVI 0.550 +0.0% AVL 8.65 +8.0% VCG 1.60 +16.8% TTS 2.55 −1.9% SCMI 1.93 +4.3% RIO 3.57 +4.7% PUMA 0.145 +11.5% TRR 0.360 +0.0% TECT 2.70 +0.8% OGN 5.18 −1.8% GGD 4.37 +3.2% NAU 1.63 +2.5%
Drill Results Routine +

Puma Exploration Completes 2,800 Line-Kilometres of Drone Magnetic Surveys

Puma completes drone survey and advances exploration while maintaining a critically tight cash runway.

Executive Summary

Puma Exploration Inc. has completed six high-resolution drone magnetic survey grids covering approximately 2,800 line-kilometres across its McKenzie Gold, Jacquet River, and Caribou East projects in Northern New Brunswick. The surveys were conducted by Pioneer Exploration Consultants Ltd. between June 23 and July 15, 2026.

The resulting data quality met Geological Survey of Canada guidelines, providing a high-quality dataset for detailed geological interpretation. The company is integrating these magnetic results with existing geological, geochemical, and historical databases to prioritize follow-up mapping, sampling, and potential future drilling targets. Qualified Person Dominique Gagné, P.Geo., approved the technical content.

Material Impact

Puma Exploration Inc. (PUMA) has completed a magnetic survey, a routine and expected step in its 2026 exploration calendar. This update aligns with previous announcements regarding surface work preceding drilling campaigns and does not introduce new financial commitments, major discoveries, or changes to the strategic thesis. No material price impact is expected, as the market has already priced in the exploration timeline and liquidity constraints.

PUMA · Price
Company Overview

Puma Exploration Inc. is a junior explorer operating in Atlantic Canada, focusing on gold and critical metals. The company’s strategy revolves around the DEAR model (Discovery, Exploration, Acquisition, Royalties). Its flagship assets include the McKenzie Gold Project, a high-grade orogenic gold system with RIM and Grog zones, and the Williams Brook Project, which is optioned to Kinross Gold. Puma also holds 100% interests in the Jacquet River and Caribou Extension projects, and an 84.3% stake in Murray Brook Minerals, a Legacy Cu-Ag project. The company’s exploration methodology combines traditional trenching, prospecting, drone geophysics, and AI-driven targeting.

Read the original news release →

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