Puma Exploration is pleased to announce that it has closed its Option Agreement for the Williams Brook, Portage and Jonpol properties announced on Oct 24, 2024 including a non-brokered private placement for $1,011,473.47 with Kinross Gold. In connection with the Option Agreement, Kinross subscribed to 16,857,891 common shares of the Company at a price of $0.06. Kinross now holds approximately 9.9% of Puma's issued and [...]
Puma Exploration is pleased to announce the execution on October 23, 2024 of a definitive option agreement with KG Exploration Inc., a wholly-owned subsidiary of Kinross Gold Corp. with respect to the Williams Brook, Portage and Jonpol properties. Puma's land holdings in Northern New Brunswick Under the terms of the Option Agreement, Kinross will have, subject to certain conditions, the option to earn a 65% interest in [...]
Puma Exploration reports that it has satisfied, ahead of schedule, the requirements for its purchase of 100% interest in 341 claims announced on March 1, 2022. The Claims cover the Panthera Gold Zone and the newly discovered Lion Gold Zone. To complete its acquisition of 100% interest in the Claims, Puma had an obligation to issue the Vendor 250,000 common shares of the Company and a C$50,000 cash payment on or before [...]
Puma Exploration announces that it has hired SKTM Financial Corporation Ltd. to provide corporate finance, accounting, and administrative support, and is pleased to announce the appointment of Mr. Martin Nicoletti, CPA as Chief Financial Officer effective immediately. Mr. Nicoletti is a certified public accountant with 35 years of experience managing public companies, advising on capital market transactions, and providing [...]
Puma Exploration announces the closing of the sale of the Chester Project to Raptor Resources Ltd. and certain amendments to the terms of the previously announced transactions. The cash and share components for the sale of the Chester Project remained unchanged, and Puma is pleased to report that Raptor has satisfied the conditions of the sale with its payment of AUD $500,000 and 4,000,000 Raptor shares. Considering the [...]
Puma Exploration Inc. announces that further to its July 2, 2024 News Release, Canadian Copper Inc. and Puma have approved a second extension for the Initial Public Offering of Raptor Resources Ltd. and its listing on the Australian Securities Exchange as a requirement for the sale and transfer to Raptor of the Chester and Turgeon Projects located in New Brunswick, Canada as outlined in Puma's March 4, 2024, News Release [...]
Puma Exploration is pleased to report surface sampling results from its ongoing 2024 exploration program at its Williams Brook Gold Project. A grab sample* returned 72.0 g/t Au in a new area located 10 km NE from the Lynx Gold Zone along a potential trend that includes the Jaguar and Cougar gold zones. This quartz-rhyolite-limonite-sericite subcrop returned the highest gold assay from surface sampling outside the LGZ [...]
Puma Exploration Inc. announces the results of its maiden scouting drilling program outside of the main Lynx Gold Zone at its 100%-owned Williams Brook Gold Project in Northern New Brunswick. The 2,270 metres shallow diamond drilling was devised as a follow-up to Puma's 2023 surface exploration program to confirm the presence of gold mineralization subsurface and determine the orientation and dip of the gold-bearing [...]
Puma Exploration Inc. is delighted to announce a strategic property acquisition, the "Moose Brook property." The 28 claims fill a gap in the 100%-owned Williams Brook property, strengthening our position in the region . Puma Exploration is the biggest landholder in Northern New Brunswick and the most active explorer in the area. "This acquisition further adds to our considerable ground position in Northern New Brunswick [...]
Puma Exploration Inc. is pleased to provide an update on its sale agreements with Raptor Resources Ltd. and Canadian Copper Inc. respecting the sale and transfer to Raptor of the Chester and Turgeon Projects located in New Brunswick, Canada for a total possible consideration of AUD$2,000,000 in cash and shares as outlined in its March 4, 2024, News Release. Raptor has recently informed Puma and Canadian Copper that the [...]
Puma Exploration is pleased to launch its 2024 exploration program at its 100%-owned Jonpol Gold property. As outlined in its News Release of January 17, 2024, Puma is expanding its regional exploration fieldwork to prospective areas of the Williams Brook Project to identify additional priority targets and add to the Williams Brook gold inventory. A focused exploration program will be deployed this summer at the Jonpol [...]
Puma Exploration Inc. has launched a high-resolution magnetic survey at its 100%-owned Williams Brook property in Northern New Brunswick. The drone survey will be flown over 6 km of the Lynx Gold Trend and a width of 2 km, where recent drilling confirmed the presence of a favourable prospective gold corridor . Vision 4k Inc. has been contracted to fly a 372-line-kilometre survey at 35-metre spacing, covering an area of [...]