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Puma Exploration Reports Up to 371 G/T Gold in Surface Rock Samples*27.01.2022 | 12:00 Uhr | GlobeNewswire
RIMOUSKI, Jan. 27, 2022 - Puma Exploration Inc. (TSXV: PUMA, OTC: PUXPF) (the "Company" or "Puma") is pleased to report that it has identified additional high-grade gold targets at its Williams Brook Gold Project located in New Brunswick, Atlantic-Canada. A grab sample returned 371.00 g/t Au*, the highest gold-grade reported to date. Today's results are part of Puma's Fall 2021 stripping program at the O'Neil Gold Trend ("OGT"), where many new quartz veins were discovered and sampled (see Figure 1). Based on the Company's previous success drilling high-grade gold areas identified at surface (grab sample* of 240.00 g/t Au returned 5.55 g/t Au over 50.15 m at depth, see Sept. 15, 2021 News Release), this high-grade gold area is the first priority target of Puma's 2022 10,000 metres drilling program. Figure 1: Location of reported grab samples at the OGT and associated first priority drilling targets accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1bc203ba-c43a-4e7c-ad78-c19493b5e6ce "The consistent discovery of high-grade gold mineralization at Williams Brook is very exciting considering the imminent launch of our 2022 10,000 metres drilling Program. The presence of significant and pervasive gold at surface along the favourable lithological contact at the O'Neil Gold Trend indicates that our model is sound." Notes R?jean Gosselin, Executive Chairman and Director of Puma Exploration. The Williams Brook Gold Project is located within a potential new gold district with highly prospective but underexplored areas. The quartz veins containing the high-grade gold are similar over the entire 750 metres-long OGT (see Figure 2). The high-grade samples reported today (370.00 g/t Au, 60.60 g/t Au, 28.40 g/t Au and 24.90 g/t Au)* are part of 150 new assay results received from the lab. Results from another 550 surface samples collected last fall are pending and will be released when received. Figure 2: Samples collected at surface at the OGT accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/718cc5ba-a9ad-4cb5-b9ff-6ef86c3ffbf4 Table 1: Selected new high-grade surface samples collected at the OGT*
*The reader is cautioned that grab samples are selective by nature and may not represent the true metal content of the mineralized zone. Mobilization for Puma's fully funded 2022 exploration program has already begun. The 10,000 metres drilling program at Williams Brook will target the most promising high-grade gold zones of the O'Neil Gold Trend discovered in 2021 through surface exploration work. Following the initial set-up of the pump, the on-site core shack and drill pads, the drill is expected to be turning before the end of the week. "We are very excited to test the areas that have returned very high-grade gold at surface. This could parallel the success of our inaugural 2021 drilling program. We drilled at depth the area at the Lynx zone that had returned 240.00 g/t Au, and we hit the best intercept in the area with 5.55 g/t Au over 50.15 m." commented Marcel Robillard, President & CEO of Puma Exploration. Figure 3: Similarity between surface grab samples and core samples accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a3e7bd5d-e9bd-405c-9f7e-78a87a8bb17a STOCK OPTION PLAN QUALIFIED PERSON ON-SITE QUALITY ASSURANCE/QUALITY CONTROL ("QA/QC") MEASURES COVID-19 PRECAUTIONS ABOUT PUMA EXPLORATION Connect with us on Facebook / Twitter / LinkedIn Visit www.explorationpuma.com for more information or contact: Marcel Robillard, Mia Boiridy, Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept 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 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 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. Dieser Artikel stammt von Rohstoff-Welt.de
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