Press
Release
30-metre mineralized zone at Shaft
Rimouski, June 26, 2007 -
News on Shaft:
Puma
Exploration (PUM-TSXV) has just confirmed rich zinc mineralization in the Shaft
lens at Nicholas-Denys by intersecting a mineralized lens containing 5.3% Zn
over 5.6 metres
in borehole F07-10. This lens is contained within a mineralized zone with an
apparent thickness of 30.2 metres,
with 2% Zn, 1% Pb, and 55 g/t Ag. This mineralized zone comprises two lenses of
massive to semi-massive sulphides. The metal contents of the two sulphide
layers are 5.3% Zn, 138 g/t Ag, and 4.5% Zn, 59 g/t Ag. The core of the
mineralized zone contains 10.9% Zn over 1.8 metres.
This zinc
enrichment had been observed in two other boreholes located within 50 metres of
borehole F07-10 on the Shaft deposit (Press release of May 12, 2006). Borehole F06-16 encountered the mineralized
zone at a vertical depth of 350 metres,
with 6.0 % Zn, 3.3 % Pb, and 108 g/t Ag over 4.4 metres.
Borehole F06-15intersected
the Shaft
lens at 120 metres
vertically, and shows a major thickening of the mineralized lens, whose
apparent thickness increases to 9.8 metres, with 4.3 % Zn, 2.9 % Pb,
and 81 g/t Ag.
Drill intersections of mineralized zones
Borehole
|
Azimuth
|
Angle
|
From
|
To
|
Length
|
Zinc
|
Silver
|
Lead
|
Gold
|
|
|
|
(m)
|
(m)
|
(m)
|
(%)
|
(g/t)
|
(%)
|
(g/t)
|
F07-10
|
N160�
|
45�
|
73.2
|
103.4
|
30.2
|
2.0
|
55
|
1.0
|
|
|
Lens A
|
including
|
73.2
|
78.8
|
5.6
|
5.3
|
138
|
1.7
|
0.94
|
|
|
including
|
73.2
|
75.0
|
1.8
|
10.9
|
55
|
0.8
|
0.70
|
|
Lens B
|
|
92.8
|
103.4
|
10.6
|
2.3
|
53
|
1.2
|
0.08
|
|
|
including
|
95.0
|
98.5
|
3.5
|
4.5
|
59
|
1.4
|
0.11
|
|
|
|
|
|
|
|
|
|
|
Borehole F06-16 was drilled in the centre
of the Shaft lens and confirms the extension of the mineralization to a
vertical depth of 350
metres. The mineralized zone remains open in all
directions. Preliminary interpretation of the drilling at the Shaft lens
suggests an enrichment in zinc with depth, and a thickening of the mineralized
layer towards the west.
News on Hach�:
Exploration
Puma has now completed Phase 1 of its program of definition drilling on the
Hach� lens. 20 boreholes have been drilled on the Hach� lens since the start of
exploration on the Nicholas-Denys project. These boreholes will enable
definition of the
Hach� lens at surface over an area of about 150 metres by 50 metres, and
down to a depth of 150
metres. The results of the first nine boreholes have
already been released by the Company: they confirm rich silver values in the Hach� lens
in the four principal boreholes. The results are as follows: 461 g/t Ag over 6.0 metres, 331
g/t Ag over 3.05
metres, 244 g/t Ag over 4.6 metres, and
262 g/t Ag over 4.2
metres.
The results
from the 11 other definition holes drilled on the Hach� lens will be released
as soon as they are received.
The samples
were analyzed in the ALS Chemex laboratory at Val d’Or, using the atomic absorption
and ICP methods. 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.
-30-
For additional information:
|
|
Rimouski
|
Montr�al
|
|
|
Andr� Proulx
|
Christian Guilbaud
|
President
|
Investor
Relations
|
(418) 724-0901
|
(514)
813-7862
|
president@explorationpuma.com
|
cguilbaud@explorationpuma.com
|