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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

Post by GrowthOpson Sep 30, 2021 6:30pm
442 Views
Post# 33950217

Coverage: Puma Presents Opportunity - 5.55gpt Au/50m buildin

Coverage: Puma Presents Opportunity - 5.55gpt Au/50m buildin

Full article URL: https://miningmarketwatch.net/puma.htm

 

Puma Exploration Inc. (TSX-V: PUMA) (US Listing: PUXPF) (Frankfurt: 4P8A) is a Canadian-based mineral exploration company focused on advancing its Williams Brook Gold Property in New Brunswick, located in the same prolific geological setting as major Atlantic success stories such as Marathon Gold and Newfound Gold. Since acquiring the project in March-2020, Puma has quickly gone from virgin/grassroots ground (finding anomalous sampling in the woods) to clearing, trenching and stripping clean to expose large swaths of a 700 m long patchwork of gold laden rhyolitic bedrock (named the O'Neil Gold Trend) proximal a contact zone that runs even much longer within its claim boundaries. This September 15, 2021 Puma Exploration announced that it has drilled 5.55 g/t Gold over 50.15 metres* on its initial drilling at the Williams Brook Gold Property, a stellar maiden intercept that positions PUMA.V as one of the most exciting gold exploration plays in the junior mining sector. The Company is currently conducting a 10,000 m drill program where quartz veining surface samples have yielded high-grades -- the first drill holes reported show there is solid correlation between surface samples and core, presenting tremendous opportunity for investors looking to be part of a story in its early days.

 

 PUMA.V currently has a nominal market cap of ~C$38.5M (82,018,714 shares trading near ~C$0.47). The share price of PUMA.V is apt to appreciate from the current trading price as continued news flow occurs, and as the significance of what Puma Exploration possesses is better appreciated by the market.

 

Good read for those not up to speed; https://miningmarketwatch.net/puma.htm lots of insight into the potential.


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