- Puma Exploration (PUMA) has announced the final results of its inaugural drill program at the Williams Brook Gold project
- The final six holes clearly show that the gold mineralised envelope is open in both directions
- Drilling intersected a broad zone containing 0.82 g/t gold over 78.75 metres, including a higher grade core of 5.11 g/t gold over 8.35 metres
- Puma Exploration is a Canadian-based mineral exploration company based in the Bathurst Mining Camp in New Brunswick
- Shares in Puma Exploration Inc. (PUMA) are down 19.64 per cent, trading at $0.45 per share
Puma Exploration (PUMA) has announced the final results of its inaugural drill program at the Williams Brook Gold project in New Brunswick.
The final six holes confirmed the continuity of gold mineralization along strike toward the O’Neil Gold Zone and toward the Chubby Gold Zone. These results clearly show that the gold mineralized envelope is open in both directions.
Drilling intersected a broad mineralized and altered zone containing 0.82 g/t gold over 78.75 metres, including a higher grade core of 5.11 g/t gold over 8.35 metres.
Marcel Robillard, president and CEO of Puma Exploration, commented on the results.
“With the complete results in hand from the 2,360 meters of core-oriented maiden drilling campaign that tested the O’Neil Gold Trend, we now better understand the different parameters of this highly potential new gold discovery.”
Last week, Puma reported a new gold discovery, uncovering a 100-metre-long high-density zone with visible gold at the Williams Brook project.
“We are very enthusiastic,” added Mr. Robillard, “and Puma will continue to build on the success of its systematical and disciplined exploration by uncovering new gold-bearing quartz veining systems along the sediment-rhyolite contact. We have found gold on surface for more than 350 meters of strike to date, and this is not over yet!”
Puma Exploration is a Canadian-based mineral exploration company. Its precious and base metals projects in early to advanced stages are located in the Famous Bathurst Mining Camp (BMC) in New Brunswick.
Shares in Puma Exploration Inc. (PUMA) are down 19.64 per cent, trading at $0.45 per share as of 3:59 pm ET.