Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Puma Exploration Inc V.PUMA

Alternate Symbol(s):  PUMXF

Puma Exploration Inc. is a Canada-based mineral exploration company. The Company has a portfolio of precious metals projects located near the Bathurst Mining Camp (BMC) in New Brunswick, Canada. It controls more than 70,000 hectares (ha) of prospective land in northern New Brunswick. Its projects include Williams Brook, Jonpol, Portage, TIMM, McCormack Brook South, Carleton, Rocky Fault, Jacquet River, Ten Miles Pool Road, and South East Moose Brook. The Company's primary focus is its Williams Brook North property, located approximately 60 kilometers west of the city of Bathurst and accessible via a paved road. The Jonpol properties consist of approximately 204 claims near the Murray Brook and Restigouche deposits. The Portage Lake property consists of 118 claims and is located at the northwest contact of the former Restigouche mine. The TIMM property of 223 claims is located 10 kilometer east of St-Quentin and covers 4,840 hectares.


TSXV:PUMA - Post by User

Bullboard Posts
Post by Winwarrioron Dec 20, 2017 3:25pm
98 Views
Post# 27198704

5000 Meter Drill Program Now Underway

5000 Meter Drill Program Now Underway

RIMOUSKI, QUEBEC -- (Marketwired) -- 12/20/17 -- Puma Exploration Inc. (the "Company" or "Puma") (TSX VENTURE: PUM)(SSE: PUMA) has completed the second phase of a trenching program in the Murray Brook area. 29 trenches for a total of 1,900 meters were excavated at close proximity of the Murray Brook Deposit. Two (2) new showings found at respectively 100 meters west and 300 meters east from the Murray Brook Deposit (see figure 1) and will be the first priority targets. The results of the trenching program are pending.

The mineralized zones will be the sites of the first holes to be drilled in the Murray Brook area. The technical team is on site in order to get the drill sites and access road ready for the current drilling program. 5,000 meters of drilling is planned to begin at close proximity of the Deposit and will move next to the Murray Brook East Property contiguous to the Caribou Mining Lease held by Trevali Mining Corp.

Puma completed 34 trenches for a total of 3800 meters at Murray Brook East Property in the first phase of the program conducted during the fall for a total of 69 trenches in 2017. Several discoveries and observations made during the program have been helpful in the planning of the current drilling campaign. These observations include the lithologic contact between sediments (VMS host rock) and the felsic volcanics as well as mafic dikes and structures. The objective of this major trenching program was to verify the nature of the first priority targets at surface defined by Puma geologists and to locate precisely the current drilling targets. These first priority targets are based on major gravity, chargeability and Megatem (Em) anomalies identified.

Puma is proceeding with a geochemical drillcore sampling program within the footwall and hangwall zones of the Murray Brook Deposit to determine the alteration model along the favorable horizon. This alteration survey will also help defining more precisely the drilling targets.

About the Murray Brook Project

Bullboard Posts