| Puma Starts Drilling at Turgeon Copper-Zinc Project in New Brunswick | |
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RIMOUSKI, QUEBEC--(Marketwired - Nov 5, 2014) - Puma Exploration (TSX VENTURE:PUM) has just started a 1,000 meters drill program at its 100% Turgeon Copper-Zinc VMS deposit in New Brunswick. The drill targets were defined by recent successful drill program which include the discovery of the massive sulphide Dragon Zone, located only 200 meters south-west of the main Powerline and Zinc Zone deposits, and the two (2) new surface trenching discoveries. The Dragon Zone consists of a four meters massive sulphide intercept in drill hole FT13-13, grading 1.01% Cu and 0.78% Zn which is similar in grade to the massive sulphide zones intersected throughout the adjacent main deposits at Turgeon. This zone is interpreted to be the edge of a pervasive VMS system that occurs in the same volcanic unit. "The main objective of the current program is to discover additional higher grade Cu-Zn mineralization associated with the typical VMS geological model in the Dragon Zone area, in particular, any chalcopyrite (Cu) Stockwork mineralization over significant thickness which could be related with the recently discovered massive sulphide intercepts and proving-up the presence of entire new VMS system." notes Marcel Robillard, President of Puma Exploration. The Turgeon property is located within a few kilometers of a deep water port which provide an unparalleled infrastructure advantage compared to similar projects around the world. We currently await assay results from our recent stripping program conducted in September at the Turgeon South new Bern copper zone. About Puma Exploration Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The Company's major assets are the Nicholas-Denys Project and Turgeon Copper Project in New Brunswick and the Little Stull Lake Gold Project in Manitoba. Puma is focusing now its exploration efforts in New Brunswick, Canada. Learn more by clicking here: www.pumaexploration.com The contents of this press release were prepared by Dominique Gagné. a Qualified Person as defined in NI 43-101. The samples were analyzed at the ALS Chemex laboratory in Val d'Or using the atomic absorption and ICP methods. There is not enough drilling data presently available to determine the shape and true width of the mineralized zone. 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. 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.
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Puma Exploration Inc.
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EXPLORATEUR |
CODE : PUM.V |
ISIN : CA74588S1039 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Puma Exploration est une société d’exploration minière de zinc et de plomb basée au Canada. Puma Exploration détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont LITTLE STULL LAKE, TURGEON et NICHOLAS-DENYS au Canada. Puma Exploration est cotée au Canada. Sa capitalisation boursière aujourd'hui est 15,7 millions CA$ (12,6 millions US$, 10,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 07 décembre 2007 à 0,59 CA$, et son plus bas niveau récent le 22 janvier 2016 à 0,03 CA$. Puma Exploration possède 184 380 000 actions en circulation. |