Puma Exploration Strategically Increases Its Land Holdings at the Williams Brook Gold Project
February 23 2023 - 10:35AM
Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the "Company" or
"Puma") is pleased to report that it has staked another
105
claims (2,300 ha) contiguous to its Williams Brook South
property that now totals 8,290 ha (see Figure 1). The newly staked
claims have seen very little exploration in the past. Still, they
are highly prospective for gold mineralization as they exhibit the
same geology as the Lynx Gold Zone.
Figure 1: Puma's assets in Northern New
Brunswick
https://www.globenewswire.com/NewsRoom/AttachmentNg/80f104be-b288-4bd6-996e-6446c9928e88
Puma continues to secure land to increase the
size of its Williams Brook Gold Project, which includes the
flagship Williams Brook property, as well as the Williams Brook
South, Jonpol, Portage, and Jacquet River properties. "These new
land additions further consolidate our extensive ground position
and increase our overall footprint in Northern New Brunswick. Puma
now controls 100% of 50,000 ha of highly prospective and
underexplored assets in what is now recognized as an emerging Gold
District. We are committed to building a gold camp at Williams
Brook project, and we'll continue to seize every opportunity to
acquire ground that could increase our gold inventory," stated
Marcel Robillard, President and CEO of Puma Exploration.
The new claims host felsic volcanic units in
contact with sediments similar to the rocks that host the Lynx Gold
Zone (see Figure 2). Very little fieldwork has ever been conducted
on the new claims. Puma will proceed with detailed data compilation
before applying its successful exploration method to the area.
Figure 2: Felsic volcanic units covered
by the new claims
https://www.globenewswire.com/NewsRoom/AttachmentNg/8e8112f1-f556-4d71-936b-ce3ce8bdbb05
UPCOMING GOLD INVESTOR
EVENTS
Puma invites shareholders and interested parties to
stop by the booth, attend a presentation, or schedule a meeting at
the upcoming conferences to discuss the Company's recent news and
proposed developments:
- Prospector and Developers
Association Conference (PDAC) in TorontoBooth
IE2152March 5-8, 2023www.pdac.ca/convention
Corporate Presentation Forum for
Investors Marcel Robillard, President, and CEO will be
presenting March 7 at 10:14 amSession Gold 1, Room 801A
Precious metals Summit PDAC
meeting programMarch 7-8,
2023www.precioussummit.com/event/pdac-2023-one-on-one-meeting-program/
Atlantic Edge Mining Investment
Event Ballroom A, Intercontinental Hotel225 Front Street,
TorontoMarch 7, 2023Mia Boiridy, Head of Investor Relations and
Corporate Development will be presenting To register click here
Canada's Atlantic Edge Mining Investment Event (PDAC) Toronto 2023
Tickets, Tue, 7 Mar 2023 at 8:30 AM | Eventbrite
- Swiss Mining Institute Conference in
ZurichMarch 21-22,
2023swissmininginstitute.ch/program-march-2023/
- Deutsche Goldmesse in FrankfurtMay
5-6, 2023deutschegoldmesse.online/2023-spring-companies/
ABOUT THE WILLIAMS BROOK GOLD
PROJECT
Puma's flagship Williams Brook Gold Project
covers more than 50,000 ha in Northern New Brunswick, an
established and mining-friendly jurisdiction, near paved roads and
with excellent infrastructure nearby. Since 2021, Puma has made
four (4) significant gold discoveries at Williams Brook, with
high-grade gold mineralization hosted in quartz veins at surface.
An aggressive exploration program is planned for 2023, including a
minimum of 6,000 m of drilling and a 4,000 T bulk sample.
QUALIFIED PERSON
Dominique Gagné, PGeo, a qualified person as
defined by Canadian National Instrument 43-101 standards, has
reviewed and approved the geological information reported in this
news release
ABOUT PUMA EXPLORATION
Puma Exploration is a Canadian-based mineral
exploration company with precious metals projects near New
Brunswick, Canada's Famous Bathurst Mining Camp ("BMC"). The
Company is committed to deploying its DEAR
strategy (Development,
Exploration, Acquisition and
Royalties) to generate maximum value for
shareholders with low shares dilution.
Connect with us on Facebook / Twitter /
LinkedInVisit www.explorationpuma.com for more information or
contact:
Marcel Robillard, President and
CEO, (418) 750-8510;president@explorationpuma.com
Mia Boiridy, Head of Investor
Relations and Corporate Development, (250) 575-3305;
mboiridy@explorationpuma.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept 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 Puma's actual
results, performance or achievements 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 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.
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