- Puma Exploration (PUMA) has announced that a second rig has begun drilling at the Williams Brook Gold Project in New Brunswick
- The second drill rig will be used to accelerate the current and ongoing 10,000 metres drilling program which the company expects to complete by the end of June
- An aggressive field exploration program will then commence
- Puma Exploration is a mineral exploration company
- Puma Exploration Inc. (PUMA) opened trading at C$0.34 per share
Puma Exploration (PUMA) has announced that a second rig has begun drilling at the Williams Brook Gold Project in New Brunswick.
The second drill rig will be used to accelerate the current and ongoing 10,000 metres drilling program.
The first drill will continue to explore the near-surface (0-100m depth) favourable Sediment/Rhyolite contact toward the O’Neil and Pepitos Gold Zones to discover additional high-grade gold mineralization along the OGT’s 750 metres strike length. The second drill will follow up on the high-grade quartz veins identified during the inaugural 2021 and current 2022 drilling programs.
About 4,000 metres of the 10,000 metres drilling program at the OGT is left to be drilled. With two drill rigs on-site, the company expects to complete the program by the end of June.
An aggressive field exploration program, including stripping, trenching and prospecting over the entire property will then be launched to identify and prioritize drilling targets for the fall exploration program.
The entire program, including the fall drilling program, is fully financed.
Puma Exploration is a mineral exploration company with early to advanced-stage precious and base metal projects in New Brunswick’s Famous Bathurst Mining Camp.
Puma Exploration Inc. (PUMA) opened trading at C$0.34 per share.