- Puma Exploration (TSXV:PUMA) has identified high-grade gold collected through grab sampling on its Williams Brook Gold Project
- The Vancouver-based precious metals explorer is now making final preparations before starting a drill program on the project
- Samples from a new gold-bearing quartz vein at the project’s Lynx Gold Zone graded up to 288.00 grams per tonne of gold
- The upcoming drill program will prioritize testing several new veins
- Puma Exploration (PUMA) is unchanged, trading at $0.14 at 11:22 a.m. ET
Puma Exploration (TSXV:PUMA) has identified high-grade gold collected through grab sampling on its Williams Brook Gold Project in New Brunswick.
The Vancouver-based precious metals explorer is making final preparations before starting a drill program on the project in the northern part of the Canadian province.
Samples from a new gold-bearing quartz vein at the project’s Lynx Gold Zone graded up to 288.00 grams per tonne of gold.
Getting a better understanding of the depth and extent of the Lynx Gold Zone is key to moving the 46,000-hectare project forward and maximizing its potential return.
The upcoming drill program will prioritize testing several new veins.
Puma is also continuing to refine the flagship project’s geological model.
Drill results will be released as soon as they are received.
“The geometry of the gold-bearing quartz vein system at the Lynx Gold Zone is complex. We must study each mineralized vein carefully to understand the gold environment and build our model. Gold mineralization, starting at surface, gives unprecedented access to information that would otherwise take months and lots of expenditure to gather through drilling,” the company’s chief geologist Dominique Gagné said in a statement.
“It also allows us to limit trial and error. We can target veins that carry lots of gold at surface and maximize drilling success as we did in hole WB21-02, which intersected 5.55 grams per tonne over 50.15 metres and hole 22-66, which returned 3.49 grams per tonne over 7.15 metres.”
Puma Exploratiom (PUMA) is unchanged, trading at $0.14 at 11:22 a.m. ET.
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