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Puma Exploration Inc.

Publié le 18 septembre 2015

Secures Strategic Land Holding at Little Stull Lake Gold Project in Manitoba

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Mots clés associés :   Canada | Copper | Precious Metals |
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Puma Secures Strategic Land Holding at Little Stull Lake Gold Project in Manitoba

RIMOUSKI, QUEBEC--(Marketwired - Sept. 17, 2015) - Puma Exploration (TSX VENTURE:PUM) has secured its strategic land holding at the 100% owned Little Stull Lake Gold Project in Manitoba by renewing the 20 claims (2,900 ha) that cover its gold zones for an additional 5 years, until 2025. Following the current 10 year secured, Puma has exploration work credits sufficient to keep the claims in good standing for an additional 55 years, until 2080.

The most recent corporate activity in the area is the Yamana Gold (YRI-TSX) takeover of Mega Precious Metals (MGP-TSXV) which holds the Monument Bay Gold Deposit (see MGP news release 2015-06-22) located 15km southwest of the Little Stull Lake Gold Deposit. Puma holds a 100% interest in 42 continuous kilometers of strike length (37,925 hectares) along a gold-bearing greenstone belt. The land holding is composed of the adjoining Little Stull Lake claims (2,900ha) and the Kistigan (14,715 ha) and Edmund Lake (20,310 ha) Mineral Exploration Licenses (MEL).

The Little Stull Lake gold zones lies in a similar geological environment to that of the nearby Monument Bay deposit being developed by Mega Precious Metals (now Yamana Gold). Monument Bay contains 3.1 million ounces of gold (MGP news release 2014-11-21). Puma drilling carried out on its Little Stull Lake property resulted in the discovery of high-grade gold mineralization in an Archean greenstone belt The gold mineralization is mainly confined to quartz veins in brecciated basalt 25 to 50 metres thick. This unit has so far been traced on surface at Little Stull Lake Property for more than 5 km and coincides with a major regional fault striking more than 60 km in length.

On the basis of drilling during the 1980's and early 1990's (202 holes for 30 515 metres), Westmin estimated potential resources of 750,000 tonnes @ 10.3 g/t Au: a total of slightly more than 250,000 ounces of gold over a small section of the greenstone belt (1.5km). The historical resource estimates were prepared prior to the implementation of NI43-101 and use terminology not compliant with current reporting standards. Puma has not made any attempt to re-classify the estimates according to current standards of disclosure and is not treating the estimate as current mineral resources or mineral reserves. Historical estimates should not be relied upon. Investors are cautioned that "potential resources" are considered conceptual in nature and there is no guarantee that historic "potential resources" will be able to be converted into NI43-101 compliant resource categories or demonstrate economic viability.

Puma completed ten (10) drill holes totalling 1,500 metres in the Little Stull Lake gold property's 11W Zone in 2007. This zone carries the highest gold grades intersected in drilling of the basalt during previous work, with 330 g/t Au, 202 g/t Au, and 125 g/t Au over one metre of core which are included in longer intercepts of 7.4 g/t Au over 47.0m and 4.5 g/t Au over 45.2m. All of Puma's holes intersected the mineralized basalt, which contains an average of three core intersections one metre in length with gold values ranging from 1 to 46 g/t Au. Moreover, the drilling intersected some high-grade layers one metre long containing 46.0 g/t Au, 15.6 g/t Au, 8.4 g/t Au, and 7.2 g/t Au (PUM news release 2008-09-01).

Puma is currently finalizing the 3D modelization of the latest successful drilling program at Turgeon VMS. The next drilling program will target higher-grade areas within the Dragon Zone and will begin shortly following the new model develop with the latest data.

Puma would also like to announce its new Mobile App is now available on Android and Apple smartphone's. You can download the App by searching for Puma Exploration.

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 its exploration efforts in New Brunswick, Canada.

Learn more by clicking here: www.pumaexploration.com

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.

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.

ISIN : CA74588S1039
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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.

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Dans les médias de Puma Exploration Inc.
09/04/2008Article sur Puma - Puma in the news
Financements de Puma Exploration Inc.
15/01/2015Closes Private Placement for $100,000
02/12/2013and $1,000,000 private placement offering
23/07/2013Closes Private Placement for $501,200
28/03/2013Closes Private Placement for $400,000
16/07/2012closes private placement for $750,000
07/06/2012Announce $1,150,000 Financing
Attributions d'options de Puma Exploration Inc.
23/06/2009Allocation of stock options
Projets de Puma Exploration Inc.
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08/12/2011PUM.V - Discovery of Dante Lens Samples up to 1020 g/t Ag
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27/06/2011(Nicholas-denys)purchases more land at Nicholas-Denys Silver Project, New Br...
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09/02/2011(Turgeon)10.1% Cu and 54 g/t Ag over 7.5 meters at Turgeon Copper Pro...
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21/04/2010(Turgeon)Copper recovery of 95%
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20/08/2008(Nicholas-denys)Surface drilling intersects high grades at Shaft lens with 1...
10/07/2008(Nicholas-denys)New mineralized lens discovered at Nicholas-Denys
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08/04/2008(Nicholas-denys)113 g/t Ag, 3.3% Zn, 3.8% Pb, and 0.27 g/t Au over 11 metres...
27/03/2008(Nicholas-denys)17,000 metres of drilling under way at Nicholas-Denys
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17/01/2008(Nicholas-denys)Three drills on Nicholas-Denys, New Brunswick
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22/10/2007(Nicholas-denys)Surface sample on Nicholas-Denys property shows 1.7 kg/t Ag,...
26/09/2007(Little Stull Lake)6.1 g/t Au over 4 metres on the Little Stull Lake gold depos...
25/07/2007(Nicholas-denys)Prefeasibility study for Nicholas-Denys, New Brunswick
18/07/2007(Nicholas-denys)1.5 kg Ag, 7.4 g/t Au, 10.1% Zn, and 7.3% Pb over 3.4 metres...
10/07/2007(Nicholas-denys)First metallurgical test for Nicholas-Denys
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02/05/2007(Nicholas-denys)Update on drill results from Nicholas-Denys
Communiqués de Presse de Puma Exploration Inc.
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19/02/2015Begins Trading on the Santiago Stock Exchange in Chile
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12/11/2014Puma Receives Junior Mining Award in New Brunswick
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02/09/2014Results From the Annual Meeting of Shareholders
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29/07/2014Puma Increases its Strategic Land Holding at Little Stull La...
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21/05/2014IIROC Trading Resumption - PUM
21/05/2014Puma Discovers 0.41% CuEq(i) Over 200 Meters Within 486 Mete...
21/05/2014IIROC Trading Halt - PUM
29/04/2014Puma Discovers a New VMS System at Turgeon Copper-Zinc Proje...
23/12/2013closes private placements for $1,462,860
30/10/2013Discovers High Grade on the Rocky Brook Corridor with Sample...
12/08/2013Reached a Depth of 1,290 Meters With its Hole FND13-02 and B...
08/07/2013Reached a Depth of 1,215 Meters With its Hole FND13-01 and B...
29/05/2013(Nicholas-denys)Targets World Class Porphyry System at Nicholas-Denys Projec...
21/02/2013Samples 0.64% Copper Equivalent(ii) (CuEq) Over 300.9 Meters
31/10/2012More Gold Found Along the Main Fault
23/10/2012Allocation of Stock Options
29/08/2012(Nicholas-denys)discovers a new high grade lens at Nicholas-Denys Silver Pro...
13/07/2012Closes Private Placements for $1,988,830
05/07/2012(Nicholas-denys)Drills 6.4 Meters of 446 g/t Ag, 1.5 g/t Au, and 5.8% Zn at ...
29/06/2012Closes $1,238,830 Financings
29/06/2012closes private placements for $988,830
05/06/2012Announces Non-Brokered Private Placements
02/03/2012(Little Stull Lake)Recalculates Drill Results for New Open Pit Model at Little ...
21/12/2011(Nicholas-denys)Two additional mineralized lenses discovered at Nicholas-Den...
19/05/2011(Nicholas-denys)3.1 km Long First Priority Target to Be Tested at Nicholas-D...
12/05/2011to Optimize Market Exposure and Deepen its Financial Network
07/04/2011(Nicholas-denys)Silver and Gold intersected in the first six holes drilled i...
11/03/2011Welcomes Richard Thibault as a Board Member
04/08/20091.72% Copper over a 56.5-metre thickness at Turgeon, New Bru...
27/07/20092.4% Copper over a 31-metre thickness at Turgeon, New Brunsw...
23/06/2009Modification to stock option plan
13/08/2008More holes intersect the new lens between the Shaft and Hach...
12/06/2008Mineralization between Shaft and Hach=E9 lenses continuous a...
14/05/2008Haché lens 50 metres longer, with 339 g/t Ag, 2.2% Zn, 3.8% ...
15/11/2007Conclusive metallurgical test on the Haché lens, New Brunswi...
07/11/2007TR: 1.5 kg/t Ag, 3.5% Zn, 9.8% Pb, and 3.6 g/t Au over 3.5 m...
19/09/200793 metres of molybdenum for NB Moly in New Brunswick
04/09/2007230 g/t Ag, 1.3 g/t Au, 3.6% Zn, and 2.8% Pb over 10.0 metre...
26/06/200730-metre mineralized zone at Shaft
24/05/2007 begins drilling on molybdenum property in New Brunswick
14/03/2007TR: 331 g/t, 244 g/t, and 461 g/t of silver up to six metres...
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