Puma Exploration (TSXV UMA) (OTCQB UMXF) 2022 Discoveries & 2023 Williams Brook Gold Project Expectations
RIMOUSKI, Quebec, Feb. 09, 2023 – Puma Exploration Inc. (TSXV: PUMA) (OTCQB: PUMXF) is pleased to outline its key accomplishments and discoveries made at its Williams Brook Gold Project in 2022 and present its 2023 Exploration Program. Marcel Robillard, President and CEO of Puma, stated: “In only 2 years, we have identified 4 separate high-grade gold zones at surface with significant room for expansion in one of the best jurisdictions in Canada.
The mining industry has continued to generate considerable interest among investors over the course of the past year or so among investors and for good reason too. The spiraling commodity prices, owing to the geopolitical situation in the world, have been one of the major reasons behind the interest.
Volatility has been the friend of investors in this case and everyday investors are looking for new options in the mining sector. One of the companies to have come onto the news cycle this morning is Puma Exploration Inc.
The company announced its major achievements and milestones that had been made at its Williams Brook Gold Project in 2022. It also made a presentation with regard to its exploration program for 2023.
The company’s Chief Executive Officer and President Marcel Robillard spoke about the achievements. He noted that it took Puma only two years during the course of which it had been able to discover as many as four distinct high-grade gold zones.
More importantly, those gold zones also displayed considerable room for expansion and were located in one of the best jurisdictions in Canada. At the same time, the company’s market cap went up to as much as C$30 million from C$5 million and that was another significant milestone for Puma management.
During the course of 2022, the gold discoveries made by the company at Panthera, Jaguar, and Cougar gold zones represented extra gold areas for the company’s big land package. In 2023, the company was looking to bring about continued growth and build upon the achievements of 2022.
The company is going to go for high-grade zone extension and that is going to involve 3000 m worth of extrapolatory drilling as well. It may well be a good time to add the stock to your watch list.