Puma Exploration Uncovers High-Grade Gold in New Trenching

Puma's Latest Discoveries at the McKenzie Gold Project

Puma Exploration Inc. is excited to share groundbreaking results from their recent exploration and trenching endeavors at the McKenzie Gold Project. This inaugural program has revealed a prolific quartz vein, known as the RIM gold vein, which has yielded several impressive gold samples. Among the standout results is a remarkable sample showing 601.33 g/t of gold, along with others recorded at 251.61 g/t, 110.62 g/t, and various higher values.

Recent Program Highlights

The trenching initiative, conducted in late 2023 just 3 kilometers to the south of the high-grade discovery reported, demonstrated notable gold content with values of 362 g/t, 267 g/t, and lower, but still significant, amounts. This data supports the theory that the gold veins discovered at McKenzie may be akin to those at the Lynx Gold Zone in the nearby Williams Brook Gold Project. These findings suggest that McKenzie could harbor another extensive gold system.

Exploration Strategy

Puma’s exploration approach emphasizes low-cost strategies designed to unveil additional gold zones while refining existing ones. Historical investments by prior property owners exceeding $1 million included aerial surveys, ground geophysics, and soil geochemistry; however, drilling activity remained limited. Currently, Puma is reviewing the accumulated data to strategize an ambitious field program schedule, incorporating an initial drilling effort slated for 2025.

Understanding the McKenzie Gold Project

The McKenzie Gold Project features easy access facilitated by paved highways and gravel roads, situated just a short distance from Puma's flagship Williams Brook Project and the company’s operational center in St-Quentin. The project is strategically located over the McKenzie Fault, a geological feature closely associated with high-grade gold occurrences identified through prior limited exploratory activities. The recent identification of high-grade gold deposits in the RIM vein has only amplified the prospects of McKenzie.

Commitment to Quality Exploration

Puma is committed to thorough exploration practices, which includes stringent quality assurance and quality control measures. Every grab sample collected from the site is secure and sent to ALS CHEMEX in New Brunswick for detailed analysis. Maintaining the integrity of the samples is paramount, and each batch of samples is supplemented with external gold standards to ensure accuracy in results.

Upcoming Events and Shareholder Engagement

Puma Exploration encourages shareholders and all interested individuals to engage with the company at various upcoming events to discuss recent developments and future plans. Noteworthy gatherings include the VRIC 2025 taking place in Vancouver and the 2025 PDAC in Toronto. These events are excellent opportunities for attendees to gain insights into the company’s vision and ongoing projects.

Puma's Gold Holdings in New Brunswick

Puma has cultivated a remarkable portfolio of gold projects strategically positioned in Northern New Brunswick, notably the Williams Brook and newly acquired McKenzie Gold Project. Both sites are conveniently located near critical infrastructure, enhancing exploration and potential mining operations. Past explorations show promise, and ongoing surface work is aiming to identify significant gold mineralization throughout their properties.

About Puma Exploration

Puma Exploration is a Canadian mineral exploration enterprise concentrating on the identification and expansion of precious metal projects in New Brunswick, particularly near the renowned Bathurst Mining Camp. Over the course of 15 years, Puma has fine-tuned its exploration methods, merging traditional prospecting with modern technology, which encompasses artificial intelligence and comprehensive geological assessments. This dedicated strategy equips Puma with the necessary tools to explore gold reserves at accessible depths while optimizing drilling efficiency.

Puma's operational strategy is anchored in the DEAR model, prioritizing Discovery, Exploration, Acquisition, and Royalties to maximize value for shareholders while minimizing share dilution.

Frequently Asked Questions

What are the recent gold sample findings at the McKenzie Gold Project?

Recent surface exploration at the McKenzie Gold Project revealed exceptionally high-grade gold samples, with results including 601.33 g/t among other notable values.

How is Puma Exploration ensuring quality in its sampling processes?

Puma implements strict quality assurance measures, analyzing all samples at certified laboratories to guarantee result accuracy and reliability.

What is planned for the future of the McKenzie Gold Project?

Puma plans an aggressive exploration strategy, including an inaugural drilling program in 2025, to further investigate and expand known gold zones.

Where is the McKenzie Gold Project located?

The McKenzie Gold Project is located in Northern New Brunswick, with easy access to major highways and situated near Puma's Williams Brook Project.

How can shareholders connect with Puma Exploration?

Shareholders can visit Puma’s booths at upcoming industry conferences and events to interact with company representatives and learn more about current initiatives.

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