RIMOUSKI, QUEBEC--(Marketwire - May 19, 2011) - Puma Exploration (News - Market indicators) is pleased to announce the launch of its summer exploration program at Nicholas-Denys Silver Project, New Brunswick. The first priority target to be tested is a coincident geophysical (InfiniTEM and IP) and geochemical Ag-Pb-Zn soil anomaly over a strike length of 3.1 km. This target corresponds to the western extension of the very high grade silver Haché and Shaft lenses explored and defined by Puma's work.
The other high priority targets include a total of twelve geophysical anomalies that were identified from the InfiniTEM® 2010 ground survey (EM-01 to EM-12) and covered 3.5 km of favourable structural features from the Shaft to Henry lenses. Most of these geophysical anomalies are associated with surface soil geochemical Ag-Pb-Zn anomalies. The most important silver soil anomaly covers an area of about 300 meters by 1,000 meters in the Henry area. All these surface targets will be prospected, trenched, and then the best mineralization discoveries will be drilled to verify the extent of the mineralization at depth.
"We are very pleased to launch our summer program at Nicholas-Denys. The first priority targets correspond to surface geophysical and geochemical anomalies that could be verified by a trenching and stripping program. This program will allow Puma to confirm the efficiency of our silver discovery model defined at the Haché and Shaft lenses and show the real potential of the entire land package at Nicholas-Denys." Notes Marcel Robillard, President of Puma Exploration.
The InfiniTEM® 2010 ground survey, added with the compilation of previous works, has also confirmed the presence of two additional structures parallel to the Rocky-Brook-Millstream Fault that will be explored in the current program. The Rocky-Brook-Millstream Fault is the primary control for the mineralization found in the Haché, Shaft, Henry, PineTree, and Great Northern lenses. All three structures together host 16 promising silver deposits and showings over a strike length of 10 kilometers, which will be examined in greater detail. The location and the best silver results from these deposits and showings are showed on the web site at www.explorationpuma.com.
About Nicholas-Denys
The Nicholas-Denys property is located only 20 kilometres north of Bathurst and is part of the Bathurst Mining Camp of northern New Brunswick. The property is accessible by road all year round and is intersected by a power line. The Nicholas-Denys property is 6,750 hectares and is part of Puma's 10,476 hectare holdings which include the Turgeon Copper Deposit.
About Puma Exploration
Puma Exploration is a Canadian mineral exploration company with advanced projects in precious and base metals in Canada. The Company's major projects are the Nicholas-Denys Silver Project and Turgeon Copper Project in New Brunswick and the Little Stull Lake Gold Project in Manitoba.
The contents of this press release were prepared by Marcel Robillard, a Qualified Person as defined in NI 43-101. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
For further information on Puma Exploration, visit our website at www.explorationpuma.com.
Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Puma Exploration Inc. to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. Except as required by law, Puma Exploration undertakes no obligation to publicly update or revise any forward-looking statements. These risks and uncertainties are described in the quarterly and annual reports and in the documents submitted to the securities administration.
