| Risk and valuation analysis of the Turgeon Project |
| Status Risk : Brown exploration |
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| Title(s) of the Turgeon Project |
 | Puma Exploration Inc.
Interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Puma Exploration has signed in april 2008 an option agreement with Andrew Baldwin to acquire a 100% interest in the Turgeon zinc-copper deposit, located in northeastern New Brunswick. |
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| Location of the Turgeon Project |
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The Turgeon deposit is located only 20 kilometres north of the Nicholas-Denys property and 5 km south of the deepwater port of Belledune. The property is accessible by road all year round and is intersected by a power line.
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| History of the Turgeon Project |
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In 1983, Esso Minerals used the results from drilling carried out over a fifty-year period to estimate an historical resources of 1.5 to 2.0 million tonnes of 1.5% Cu and 4% Zn. The mineral resources estimates was carried out before the establishment of the NI43-101 standard. Since the start of work in 1958, about 100 holes have been drilled on the deposit, for a total of more than 25,000 metres.
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| Geology of the Turgeon Project |
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The deposit consists of four lenses of rich zinc-copper mineralization, which outcrop on surface. By way of example, drill intersections with 12.4% Zn and 1.8% Cu over 8.7 metres, and 10.7% Zn and 0.7% Cu over 10.1 metres have been encountered in one more...
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