RIMOUSKI, QUEBEC--(Marketwired - May 25, 2016) - Puma Exploration (TSX VENTURE:PUM)(SSE:PUMA) is pleased
to announce the beginning of the drilling program (2,000 meters) design to test the first priority targets defined from the
recent ground geophysical survey (IP) carried out on the Turgeon Cu-Zn VMS project in northern New Brunswick.
The survey revealed five (5) first priority untested target anomalies along the favourable horizon and also on new zones never
tested. One of those represents a potential major VMS anomaly of a size of 350 meters by 350 meters, open at depth and along
strike, located on the extension of the main Dragon hydrothermal alteration zone.
The Dragon Zone was discovered in late-2013, approximately 200 meters south of the main Powerline and Zinc Zones. Drillhole
FT13-13 intersected 4 meters of massive sulphides grading 1.01% Cu and 0.78% Zn (press release 29\04\2014). The autumn 2014 drill
program included a massive sulphide intercept grading 5.66% Zn, 0.38% Cu and 2.3 g/t Ag over 6.8 metres starting downhole at
219.1 meters and including 10.05% Zn and 0.23% Cu over 2.7 metres in Drillhole FT14-05 (press release 25/02/2015). The surface
expression of the Dragon zone is 300 meters long by 75 meters wide within the favorable corridor that extends for at least 2km
along strike in each direction from the Dragon zone.
"We are very excited to launch our drilling program at Turgeon. With the targets defined by the OreVision IP survey which
identified major untested targets in the favorable horizon, added to the other anomalies defined by the Magnetic, EM and
Geochemistry surveys pointing out in the same area." Notes Marcel Robillard, President of Puma Exploration.
2016 Summer Exploration Program and Corporate Strategy
Puma will maintain his focus in the prolific Bathurst Mining Camp of New Brunswick, Canada. The Bathurst Mining Camp, famous
for its Giant Brunswick 12# Mine, host significant resources that are near surface and within close proximity to all
infrastructure's needed for mines development within established Canadian mining jurisdictions. With the recent acquisition of
the Red Brook, high grade zinc property, Puma is strengthening his high quality base metal projects in his portfolio. Both,
Turgeon (Zn-Cu) and Red Brook (Zn) properties will get the most field exploration effort during the summer program. In this
manner, Puma drops the option agreement on the Pabineau and Benjamin Projects to concentrate effort core business properties.
Red Brook (Zn Skarn)
Red Brook was acquired from a local prospector's following his recent discovery of high grade Zinc Massive Sulphide outcrop
grading up to 13% Zn, 0.23% Cu and 2.5g/t Ag. The initial excavated, 40 meters by 15 meters area, also contains a Gold and Copper
zone grading up-to 1.3 g/t Au and 0.53% Cu (see News 19/01/2016). The mineralization is open in all directions. Currently, the
planned work will consist of compiling previous work to define additional trenching and diamond drilling targets. The compilation
is done and the field work will start after the drilling program at Turgeon.
Ann's Creek (Ag-Au-Zn-Pb lenses)
The Property consists of a 15 km long by 1.5 km wide Rocky Brook mineralized corridor adjacent and spatially related with the
large 4 km diameter Nicholas-Denys porphyry intrusion. The Rocky Brook Corridor is a major mineralized structure which contains
the main silver-gold-lead-zinc lenses centered on the Rocky-Brook-Millstream fault which is interpreted to have played a major
role in the enrichment of the mineralized lenses. These mineralized lenses, namely Haché, Shaft, Henry, Henry East, Half Mile and
Pine Tree are spread over a distance of 6 kilometers and have received very little advanced exploration work exception of the
Haché Lens. 3D modelling focusing on the high grade portions of the Haché lens containing at least 300 g/t Ag (10 oz/t) is done
and Puma is currently evaluating different scenario's to develop and benefit from this outcropping high grade Ag-Au-Zn-Pb Haché
lens.
Beresford Copper (Cu-Mo Porphyry)
The Beresford Copper Project consists of three genetically and spatially related plays: the large 4 km diameter Nicholas-Denys
porphyry intrusion, the adjacent 10 km long Main Fault zone including the skarn horizon and, about 1 km to the southeast, the
parallel 10 km long Rocky Brook mineralized Ag-Pb-Zn fault corridor. In 2014, continuous molybdenum, copper and silver
mineralization and alteration were intersected over 486.4 meters representing the first discovery of a significant Mo-Cu Porphyry
system in New Brunswick. Also, pervasive breccia and stockwork mineralization typically associated with large porphyry systems
were drilled.
Ten (10) first priority IP targets remain to be drilled. Holes FND14-01 and FND14-02 are located on the northwestern boundary
of the 4km diameter ND granodiorite intrusion at the terminus of a NW-SE trending 1km wide by 5 km long fairway defined by
drillholes, mineralized trenches and prominent Induced Polarization ("IP") and magnetic anomalies. The mineralized Beresford
copper-iron skarn zone occurs at the opposite, southeastern terminus of the fairway. Puma is currently looking strategic
partnership to explore and develop the Nicholas-Denys Porphyry system.
About Puma Exploration
Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The
Company's major assets are the Nicholas-Denys Project and the Turgeon Copper Project in New Brunswick and the Little Stull Lake
Gold Project in Manitoba. Puma is focusing now its exploration efforts in New Brunswick, Canada.
Puma would also like to announce its new Mobile App is now available on Android and Apple smartphone's. You can download the
App by searching for Puma Exploration.
Learn more by clicking here: www.pumaexploration.com
You can visit us on Facebook and
Twitter.
The contents of this press release were prepared by Dominique Gagné. a Qualified Person as defined in NI 43-101. The samples
were analyzed at the ALS Chemex laboratory in Val d'Or using the atomic absorption and ICP methods. There is not enough drilling
data presently available to determine the shape and true width of the mineralized zone. Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve
a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or
achievements of Puma Exploration Inc. to be materially different from actual future results and achievements expressed or implied
by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements which
speak only as of the date the statements were made, except as required by law. Puma Exploration undertakes no obligation to
publicly update or revise any forward-looking statements. These risks and uncertainties are described in the quarterly and annual
reports and in the documents submitted to the securities administration.
Maps are available at the following link: http://media3.marketwire.com/docs/2016-05-24TurgeonNEWS2016.pdf