Press Release

Drilling begins on the Little Stull Lake gold deposit, Manitoba

Rimouski, June 19, 2007 – Puma Exploration (PUM-TSXV) has announced the launch of a 3,000-metre drilling campaign on the Little Stull Lake gold deposit, located in northeastern Manitoba. In 1989, it has been estimated to contain a historical resource of a little over 250,000 ounces of gold by Westmin Resources. The first objective of the drill program is to confirm the resources estimated in 1989, using the new 43-101 standards. The exploration target for this project is to outline a gold deposit containing at least one million ounces of gold.

At the end of 1991, some 200 holes totaling 30,500 metres had identified five gold-bearing lenses over a distance of about 2 km. In 1988, Westmin had defined a historical resource of 373,900 tonnes @ 10.0 g/t Au (high grades being cut to 34.3 g/t). At the conclusion of the last phase of drilling in 1991, Westmin estimated potential resources of 750,000 tonnes @ 10.3 g/t Au: a total of slightly more than 250,000 ounces of gold. These historical resource calculations were carried out before the establishment of the 43-101 standards, and whether Puma's program will confirm these estimated resources or increase them remains uncertain.

Several veins containing high-grade gold mineralization have been intersected during the drilling. Eighteen of the holes drilled have intersected very rich mineralization containing more than 30 g/t of gold over a length of at least one metre of core. All the boreholes were drilled at a 45� angle.

The drilling carried out on the property has led to the discovery of high-grade gold mineralization in an Archean greenstone belt of the Superior geological province. The gold mineralization is mainly confined to quartz veins in a brecciated basalt 25 to50 metres thick. This unit can be traced on surface for more than 5 km: it coincides with a major regional fault more than 60 km in length.

The Little Stull Lake property is located only 15 km north of the Monument Bay deposit owned by Rolling Rock Resources, which contains more than 700,000 ounces of gold at 6.45 g/t Au, in a similar geological setting. This resource estimate, which is compliant with NI 43-101, was carried out by Wardrop Engineering in June 2006.

Puma has entered into an agreement with Tanqueray Resources Ltd. (TQY-TSXV) giving it the option to acquire a 51 % interest in the Little Stull Lake property, comprising 20 contiguous claims with an area of about 30 km2.� Puma is the operator for the work on this gold property. Exploration expenses totaling $100,000 will meet the work requirements under this option agreement.

About Puma:

Exploration Puma is a public mineral-exploration corporation (PUM-TSXV) engaged in the discovery, detailed exploration, and development of mining projects in Canada. Puma's efforts are focused on its Nicholas-Denys (New Brunswick) and Little Stull Lake (Manitoba) projects.

In addition, Puma Exploration holds 100% of the mineral rights on the Edmund property, located at the west end of the Little Stull Lake deposit; this gives Puma control over more than 25 km of the greenstone belt, including the shear zone that hosts the gold mineralization.

Visit our new website: www.explorationpuma.com

The contents of this press release were prepared by geologist Marcel Robillard, a qualified person as defined in NI 43-101.� The TSX Venture Stock Exchange disclaims any responsibility for the veracity and accuracy of this release.

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