Puma Exploration is pleased to announce that during the initial exploration work conducted on the Chester property in November and December 2019, Puma sampled 1.87% Cu, 1.36% Cu and 1.03% Cu in trench T19-04 located in the East Zone. Furthermore, Puma is pleased to report values of up to 1.06 g/t Au in the gossan zone overlying the East Zone recently trenched by the technical team. Very limited gold analysis has been [...]
Puma Exploration Inc. is pleased to announce the closing of a third tranche of the current private placement. In this final tranche, the Company raised a total of $39,240 for the issuance of 218,000 flow through units at the price of $0.18 per FT Unit. Each flow-through unit comprises one flow-through common share and one-half of one common share purchase warrant. Each full warrant gives its holder the right to purchase [...]
Puma Exploration Inc. is pleased to announce the closing of a second tranche of the current private placement. In this second Tranche, the Company raised a total of $111,060 for the issuance of 617,000 flow through units at the price of $0.18 per FT Unit. Each flow-through unit comprises one flow-through common share and one-half of one common share purchase warrant. Each full warrant gives its holder the right to [...]
Puma Exploration Inc. is pleased to announce the launch of a marketing and communication program which will be coordinated by Raphaël Fournier. Mr Fournier has been a director of Puma since 2018 and is currently the Chairman of the Audit Committee. The main objective of the program is to increase the market visibility and the recognition of the company as a leader in exploration in the Bathurst Mining Camp of New [...]
Puma Exploration Inc. is pleased to announce that following the initial data compilation and preliminary field reconnaissance, the Company has added 139 additional claims units for a total of 3,054 additional hectares surrounding the original Chester property boundary. The Chester property has almost doubled in size and is now composed of 303 claims covering a total of 6,654 hectares strategically located approximately 25 [...]
Puma Exploration Inc. is pleased to announce its Precious Metals Evaluation Program on the Murray Brook Deposit. The first 207 samples, covering 2 holes of the 2018 metallurgical drilling program, have been received from the laboratory for gold assaying. In hole MB18-07, the massive sulphide contains a broad gold and silver enrichment over its entire length with 0.67 g/t Au and 96 g/t Ag over 87.0 meters. The higher gold [...]
Puma Exploration has completed the acquisition of the Portage Lake and Jonpol Gold projects, as previously announced on October 15th and 17th, 2019. At Portage Lake, additional field reconnaissance by the prospectors lead to the discovery of a mineralized breccia within a skarn horizon located in proximity to the mafic intrusion . Grab sample was collected at the site and graded 1.03% Co and 0.63 g/t Au; being the highest [...]
Puma Exploration is pleased to announce that following its press release of October 15, 2019, it has obtained all necessary approvals from the TSX Venture Exchange to consolidate its common shares on the basis of 10 pre-consolidation common shares for 1 post-consolidation common share. The consolidation will be effective at the opening of markets on Friday, October 25, 2019 . The symbol for the common shares of Puma [...]
In line with its DEAR Strategy, Puma Exploration has signed a purchase agreement to acquire the Jonpol Gold Project located in the Murray Brook area from local prospectors. Numerous gold occurrences have been identified and are associated with gabbroic intrusions located along a major subsidiary fault of the Rocky Brook Millstream Fault Grab samples collected in trenches reported grades of 17.1 g/t Au, 14.8 g/t Au, 10.6 [...]
In line with its DEAR Strategy Puma Exploration has signed a purchase agreement to acquire the Cu-Ni-Co Portage Lake Property located in the Murray Brook area from local prospectors The property covers a Devonian mafic intrusion and its associated skarn horizons of the Chaleur Group, containing both significant Copper-Nickel and Cobalt mineralization. The Portage Lake Property contains several showings with the most [...]
Puma Exploration Inc. is pleased to announce an amendment to the October 5, 2016 Agreement with BWR Exploration Inc. in regards to the Little Stull Lake Gold Project. Puma and BWR have agreed to extend the period of the completion of the minimum exploration expenditures of $1.5M for one year, until October 5, 2020. In exchange of the extension given, BWR shall issue 1,000,000 shares of the Company to Puma on or before [...]
Puma Exploration Inc. is pleased to announce the results of its Annual and Special Meeting of Shareholders held on October 03, 2019 in Rimouski, Quebec. All matters submitted to shareholders for approval as set out in the Company’s Circular dated August 20, 2019 were approved. A total of 75,730,197 common shares were voted at the ASM, representing 32.6% of the issued common shares of the Company. These matters [...]
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