$PUMXF Puma Exploration Adds Silver Exposure to It

$PUMXF Puma Exploration Adds Silver Exposure to Its Assets in Northern New Brunswick

https://www.globenewswire.com/news-release/20...swick.html

RIMOUSKI, Quebec, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) is pleased to announce that it has entered into a property agreement to add silver exposure to its current precious metals assets in Northern New Brunswick. The new acquisition, the Brunswick Au-Ag Property, with grab samples grading up to 1,300 g/t Ag and 2.42 g/t Au, adds 454 claims (10,554 ha) to Puma’s landholdings, now totalling 60,554 ha (Figure 1).

Figure 1: Puma’s assets and landholdings in Northern New Brunswick is available at:
https://www.globenewswire.com/NewsRoom/Attach...f2b7b5a295

Marcel Robillard, President and CEO, commented, “With this acquisition, we seized the opportunity to add significant exposure to silver and increase the number of prospective targets for gold exploration on our already large holdings in Northern New Brunswick. The new claims are next to the historical Brunswick #12 and #6 mines that produced more than 700 M Oz Ag combined*. Recent prospecting work completed on the claims returned not only exceptional silver grades but also significant gold mineralization. This is a compelling reason for us to investigate this area further. The property has seen very little exploration work to date, and our team is excited to test its potential for precious and strategic metals”.