|
Puma Exploration Provides Update on Current Drilling Program, Reports Impressive Quartz Veining and Breccia in Core22.02.2022 | 12:00 Uhr | GlobeNewswire
RIMOUSKI, Feb. 22, 2022 - Puma Exploration Inc. (TSXV: PUMA, OTC: PUXPF) (the "Company" or "Puma") is pleased to provide an update on its ongoing 10,000 metres diamond drilling program at its Williams Brook Gold Project in New Brunswick, Atlantic-Canada. The objective of the 2022 drilling program is to test the O'Neil Gold Trend ("OGT") along its 750 metres strike length and confirm the depth extension of the high-grade gold found by surface exploration (see Figure 1). To date, eleven (11) holes have been drilled for a total of 965 metres. Those holes were collared between100 to 200 metres northeast of the Lynx Gold area, where a wide gold mineralized zone was identified by drilling last summer, including an intersection of 5.55 g/t Au over 50.15 m in hole WB 21-02 (see Sept. 15, 2021 News Release). HIGHLIGHTS OF THE CURRENT DRILLING PROGRAM
Upon initial visual inspection, the recently completed drill holes show the same mineralized quartz veins and stockwork, including visible gold, at the contact of the altered and brecciated rhyolite and sediments that was observed and sampled on surface and that was intersected in the Company's inaugural 2021 drill program (see Figure 3). A total of 681 core samples have been sent to the lab, and results will be released when received. "We are extremely pleased with how drilling is progressing. The visual is exceptional on preliminary inspection of the core with pervasive mineralization and alteration over significant width and impressive strike length. So far, we've only completed about 10% of our diamond drilling program at the O'Neil Gold Trend. We have many priority targets still to test, but our work to date indicates that Williams Brook has the potential to become a major gold find in New Brunswick." notes Marcel Robillard, President and CEO. "The coming months will be exciting for Puma as we are looking forward to assay results from the final batch of surface samples from our fall exploration program and the first core assay results from our ongoing 2022 drilling campaign. Our Williams Brook Gold Project is poised to elevate Puma from a little-known junior exploration company to a serious player in Atlantic Canada's gold space, " mentioned R?jean Gosselin, Executive Chairman of Puma Exploration. 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. Figure 1 - Current drilling program at the OGT is available at: Figure 2 - Visible gold ("VG") identified in hole WB22-19 is available at: Figure 3 - Typical quartz vein brecciated and mineralized in sediment (hanging wall) is available at: Dieser Artikel stammt von Rohstoff-Welt.de
Die URL für diesen Artikel ist: http://www.rohstoff-welt.de/news/artikel.php?sid=317679
© 2007 - 2024 Rohstoff-Welt.de ist ein Mitglied der GoldSeiten Mediengruppe
Es wird keinerlei Haftung für die Richtigkeit der Angaben übernommen! Alle Angaben ohne Gewähr! Kursdaten: Data Supplied by BSB-Software.de (mind. 15 min zeitverzögert) Werbung | Mediadaten | Kontakt | AGB | Impressum | Datenschutz |