Puma Exploration Samples 19.55 g/t Gold and 3.32% Copper at its Jonpol Property

Executive Summary

• Puma Exploration’s 2025 surface sampling program at the Jonpol Property returned high‑grade gold up to 19.55 g/t Au and copper up to 3.32 % Cu.
• Twelve of 169 grab samples exceeded 0.50 g/t Au, highlighting a prospective Ramsay Brook Fault corridor that may host a multi‑kilometre gold trend.
• The results support prioritizing the Jonpol Property for further fieldwork and eventual drilling within the Williams Brook Project optioned to Kinross Gold.

Key Details

• Program Scope: 10 trenches totalling 809 m; 169 grab samples collected.
• Top Intercepts:
• Trench T25‑10 – 19.55 g/t Au, 3.32 % Cu (sample K213520).
• Same trench – 5.64 g/t Au, 2.32 % Cu (sample K213528).
• Additional Notable Grades:
• 9.05 g/t Au (T25‑05, sample K212201).
• 3.27 g/t Au, 0.92 % Cu (T25‑10, sample K213508).
• 2.71 g/t Au (T25‑06, sample K212223).
• Gold‑Only Highlights: 1.62 g/t Au; 1.14 g/t Au; 1.04 g/t Au; 0.93 g/t Au; down to 0.01 g/t Au in lower‑grade samples.
• Copper‑Only Highlights: Highest Cu at 3.32 % (coincident with top Au intercept); other Cu values ≤ 0.92 %.
• Sampling Caveat: Grab samples are selective and may not represent true mineralized zone grades; results are indicative only.
• Geological Context: Samples intersect the Ramsay Brook Fault (RBF), a structurally controlled, gold‑bearing corridor extending ≥ 2 km. Presence of copper oxides and chalcopyrite in quartz‑carbonate veinlets suggests significant Cu potential.
• Historical Data Reference: Prior grab samples (1985‑88) reported up to 17.1 g/t Au; historic diamond drilling yielded up to 3.89 g/t Au over 1.0 m.
• Qualified Person: Dominique Gagné, P.Geo., VP Exploration, NI 43‑101 Qualified Person.
• QA/QC Procedures: Samples processed by ALS CHEMEX (fire‑assayed Au‑ICP21); external standards and blanks inserted every 20 samples; >10 g/t Au samples also gravity‑finished.

Notable Quotes

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