Press
Release
1.5 kg/t Ag, 3.5% Zn, 9.8% Pb, and 3.6 g/t Au over 3.5 metres
on surface at Nicholas-Denys
Rimouski, November 7, 2007 –
Puma Exploration (PUM-TSXV) has just received results from four (4) additional
surface channels obtained from stripping work on the Hach� lens of the
Nicholas-Denys property in New
Brunswick.
Once again the
channels intersected the mineralized zone on surface, over lengths ranging from
3.5 to 16.8 metres,
with high silver and gold grades that range from 204 to 1501 g/t Ag and from
0.7 to 3.6 g/t Au. Notably, Channel R07-13, gave 1.5 kg/t Ag, 3.5% Zn, 9.8% Pb,
and 3.6 g/t Au over his entire length of 3.5 metres. More
sampling will be done at both ends of the channel to verify the possible
extention of the mineralization.
Mineralized sections from channel sampling on the
Hach� Lens
Channel
|
From
|
To
|
Length
|
Ag
|
Zn
|
Pb
|
Au
|
|
(m)
|
(m)
|
(m)
|
(g/t)
|
(%)
|
(%)
|
(g/t)
|
|
|
|
|
|
|
|
|
R07-13
|
0.0
|
3.5
|
3.5
|
1501
|
3.5
|
9.8
|
3.60
|
|
|
|
|
|
|
|
|
R07-16
|
18.4
|
34.4
|
16.0
|
213
|
1.3
|
1.0
|
0.68
|
including
|
18.4
|
22.6
|
2.2
|
1134
|
6.2
|
3.7
|
2.70
|
including
|
29.4
|
33.0
|
3.6
|
222
|
1.2
|
1.6
|
0.82
|
|
|
|
|
|
|
|
|
R07-19
|
6.3
|
23.1
|
16.8
|
204
|
1.7
|
1.0
|
0.86
|
including
|
6.3
|
8.4
|
2.1
|
415
|
2.0
|
1.8
|
1.38
|
including
|
20.1
|
24.1
|
4.0
|
256
|
2.6
|
1.0
|
1.25
|
|
|
|
|
|
|
|
|
R07-20
|
4.1
|
15.7
|
11.6
|
226
|
0.7
|
1.0
|
1.20
|
including
|
4.1
|
12.8
|
8.7
|
301
|
1.0
|
1.3
|
1.45
|
including
|
4.8
|
8.3
|
3.5
|
594
|
1.7
|
2.7
|
2.38
|
These results
and the previous reported will be use in the resources calculation in progress.
The results from the other heigth (8) channels are expected shortly.
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
|