- Puma Exploration (PUMA) has increased its land holdings of the Williams Brook Gold Project by 73.91 sq. km.
- The Williams Brook Gold Project is comprised of six claim blocks covering more than 473 sq. km.
- Puma’s recent gold discoveries indicate that a large gold system is at play at Williams Brook and that a gold camp is possible in the region
- Puma was up 3.03 per cent, trading at C$0.17 at noon ET
Puma Exploration (PUMA) has increased its land holdings of the Williams Brook Gold Project by 73.91 sq. km.
The Williams Brook Gold Project is comprised of six claim blocks covering more than 473 sq. km.
The company staked two contiguous claim blocks (the Northern Rocky Brook and Jacquet River properties) covering 340 claims northeast of its current holdings and close to the Rocky Brook Millstream fault. The fault stretches over 200 km and is a major control for gold deposition.
Puma’s recent gold discoveries indicate that a large gold system is at play at Williams Brook and that a gold camp is possible in the region. The company set out to acquire all available prospective ground fault that hosts the favourable conditions shown to carry gold in the vicinity of fault.
The company expects to work until mid-December snowfall. Prior to the weather change, Puma is ready to strip, clean, map, and do some sampling work at the Lynx Gold Zone. No immediate fieldwork is planned on the new properties this fall. The focus will remain on the Lynx Gold Zone at the Williams Brook property.
Puma Exploration Inc. (PUMA) is a Canadian-based mineral exploration company with precious metals projects located near the Famous Bathurst Mining Camp (BMC) in New Brunswick, Canada.
Puma was up 3.03 per cent, trading at C$0.17 at noon ET.
