- Puma Exploration (PUMA) has completed a 2,185 line-km airborne radiometric survey of its Williams Brook Property
- Airborne radiometric surveys determine the natural radioactivity of near-surface rocks and soils using a gamma-ray spectrometer installed in a helicopter
- The survey will help identify potassic alteration and potential associated gold mineralisation across the property
- The new VTEM data, radiometric survey, latest assay results, and structural and surface mapping data will identify new drilling targets for Puma’s upcoming 10,000 m drilling program
- Puma Exploration is a Canadian-based mineral exploration company
- Puma Exploration Inc. (PUMA) opened trading at C$0.37 per share
Puma Exploration (PUMA) has completed a 2,185 line-km airborne radiometric survey of its Williams Brook Property in New Brunswick.
The radiometric survey will help identify potassic alteration and potential associated gold mineralization across the property.
Puma has also extended its 2021 VTEM and magnetic survey to cover an additional 1,015 line-km over the new claims staked and optioned in 2021.
The compilation and analysis of the new VTEM data along with the radiometric survey, the latest assay results, and structural and surface mapping data will identify new drilling targets for Puma’s upcoming 10,000 m drilling program.
This summer, Puma drilled 2,300 m at Williams Brook and made a major discovery with 5.55 g/t Au over 50.15 m along the O’Neil Gold Trend (OGT) within the inaugural drilling program which includes continuous and extensive gold mineralization from surface as 1.16g/t Au over 48.70 meters. 3D structural analysis of the quartz veins is being carried out to determine the orientation and dip of the high-grade gold-bearing veins to optimize future drilling operations.
The 2021 VTEM survey indicated that the OGT extends for over 7 km. The newly expanded survey will map the rhyolite and sediment contact across the 20,000 ha property. The geophysical signature of Puma’s latest discovery will also be applied to the new data set to identify additional prospective targets across the land package.
Epithermal gold deposits range from thin quartz veins to large disseminated deposits located in various geological environments.
Airborne radiometric surveys determine the natural radioactivity of near-surface rocks and soils using a gamma-ray spectrometer installed in a helicopter. They are useful in mapping the large potassic-alteration haloes of low sulphidation epithermal Au-Ag deposits that often extend over several square kilometres.
Puma Exploration is a Canadian-based mineral exploration company with precious and base metals projects in the Bathurst Mining Camp in New Brunswick.
Puma Exploration Inc. (PUMA) opened trading at C$0.37 per share.