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Puma Exploration Expands Drilling Program and Reports High-Grade Gold Results, Including VG at Tiger Gold Zone with Widespread

#PumaExploration #GoldMining #TigerGoldZone #LynxGoldTrend #MineralExploration #Geology #HighGradeGold #MiningSector

Puma Exploration Inc., a forefront player in the mining sector, is making significant strides at its Williams Brook Gold Project in Northern New Brunswick. The project, wholly owned by Puma, has captured attention with the recent initiation of a 2,000-meter drilling program geared towards exploring the Tiger Gold Zone (TGZ). This initiative aims at delving into the northeast extension of the gold mineralized corridor from the Lynx Gold Zone (LGZ), spanning a commendable 1.5 km stretch, and in the process, potentially broadening this zone. Early drill core observations have sparked enthusiasm, prompting an extension of the drilling endeavor.

Marcel Robillard, the President and CEO of Puma Exploration, shared an upbeat outlook on the preliminary 800 meters drilled thus far at Tiger, noting the discernable pervasive alteration and mineralization mirroring that observed in the Lynx Gold Zone. This aligns with the company’s anticipation of a sprawling gold system, extending the LGZ’s reach by at least 1.5 kilometers along the strike. In light of these findings, Puma is scaling up its drilling program to include scouting holes across an additional 2-kilometer stretch, with the 2024 exploration program fully funded and aimed at amplifying the scale and resources along the Lynx Gold Trend.

The approach to drilling at TGZ is methodically designed in a shallow fan pattern, aiming to scrutinize the mineralization beneath the surface gold veins discovered through prior trenching and mapping ventures. This critical exercise is intended to shed light on the dynamics controlling gold mineralization within the locale and the integration of TGZ within the structural and lithological frameworks of the company. Although it’s imperative to note that selected grab samples, as part of the exploration trajectory, may not fully represent the overall metal content of these mineralized zones, they remain an integral part of the exploration strategy.

The last year’s exploration endeavors have unearthed another notable gold area, dubbed the Cheetah Gold Zone (CHGZ), revealing robust assays including 6.69 grams per tonne (g/t) gold from initial trenching and sampling activities. The TGZ has undergone significant expansion through surface exploration work along the Lynx Gold Trend in 2023, affirming gold mineralization across a span extending beyond 1.5 km. This includes the discovery of four substantial mineralized quartz veins yielding high-grade gold assays, exemplifying the continuity of high-grade gold mineralization within the hydrothermal alteration corridor observable at the surface.

The Tiger Gold Zone’s area now encompasses 400 meters by 180 meters, with gold predominantly found in quartz veins ranging from drusy to massive, amid minor carbonate and sulfides including chalcopyrite, sphalerite, galena, and malachite. This pattern of mineralization bears a resemblance to the high-grade veins previously identified at the Lynx Gold Zone, underscoring a geological setting conducive to gold deposition, marked by the juncture between varying rock types. These insights not only underscore the rich mineralization potential of Puma Exploration’s project but also emphasize the company’s strategic efforts towards uncovering and enhancing gold resources within its concessions.

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