press
release
Surface sample on Nicholas-Denys property shows 1.7 kg/t Ag, 6.8% Zn,
8.4% Pb and 7.0 g/t Au
Rimouski, October 22, 2007 - Puma
Exploration (PUM-TSXV) has just received results from surface samples obtained
from stripping work on the Hach� lens of the Nicholas-Denys property in New Brunswick. A total
of 117 grab samples as well as 556 channel samples were collected in the
mineralized zones of the Hach� lens.
Results from
the first 43 selected samples were obtained from the analysis lab. One surface
sample showed over 1700 g/t Ag, 6.8% Zn, 8.4% Pb and 7.0 g/t Au. Other
significant samples also yielded high grades of silver, zinc, lead and gold
varying from 26 to 936 g/t Ag and from 1.3 to 10.9% Zn.
Significiant surface samples from the Hach� lens
Sample
|
Ag
|
Zn
|
Pb
|
Au
|
|
g/t
|
%
|
%
|
g/t
|
542554
|
936
|
3.6
|
13.6
|
2.1
|
542558
|
83
|
1.7
|
0.3
|
1.3
|
542562
|
365
|
2.5
|
0.4
|
1.8
|
542564
|
204
|
5.6
|
1.7
|
0.4
|
542565
|
1700
|
6.8
|
8.4
|
7.0
|
542568
|
242
|
2.8
|
0.5
|
1.2
|
542569
|
214
|
4.4
|
0.8
|
5.1
|
542570
|
82
|
5.5
|
0.3
|
0.8
|
542571
|
118
|
8.1
|
0.9
|
3.4
|
542580
|
150
|
1.3
|
1.3
|
1.2
|
542589
|
26
|
9.0
|
0.4
|
0.2
|
542591
|
49
|
2.7
|
0.9
|
0.1
|
542592
|
620
|
10.9
|
11.2
|
0.9
|
About Nicholas-Denys
The
Nicholas-Denys property is located at the north end of the Bathurst
mining camp, in the vicinity of the Caribou, Restigouche and Brunswick 12 mining facilities, as well as
the lead-silver-gold smelter and the Belledune deep water port. The property
encompasses five (5) major mineralized zones spread along a 5.4-km fault zone.
The current
works on the Hach� lens aim to lead to a short-term surface exploitation of a
small open pit. The Company has completed the first phase of definition
drillings as well as the complete stripping of the main mineralized zone. This
activity allowed to prospect the surface of Hach� lens over a span of about 150
by 50 meters
and to a depth of 100
meters. Metallurgical testing is also underway of the
minerals extracted from the Hach� lens. Results obtained will be used to
calculate resources as per the 43-101 standards.
The results
from the preliminary drillings announced by the Company confirm silver
enrichment on the Hach� lens. The main results obtained from different holes
are as follows: 461 g/t Ag over 6.0 meters, 331 g/t Ag over 3.05 meters, 244 g/t Ag
over 4.6 meters,
262 g/t Ag over 4.2
meters.
About Puma
Exploration
Puma is a public mineral-exploration corporation (PUM-TSXV) engaged in the
discovery, exploration, and development of mining projects in Canada. Puma's efforts are focused
on its two major advanced projects: the polymetallic project (Ag-Pb-Zn-Au) on
the Nicholas-Denys property in New Brunswick
and the auriferous (Au) project in Little Stull Lake in Manitoba.
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-
Additional
information:
|
|
Rimouski
|
Montreal
|
|
|
Andr�
Proulx
|
Christian
Guilbaud
|
President
|
Investor Relations
|
(418) 724-0901
|
(514) 813-7862
|
president@explorationpuma.com
|
cguilbaud@explorationpuma.com
|