Puma (PUM.V) Samples 29.5{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Zn at Ann’s Creek Property in New Brunswick
– Momentum Public Relations –
Press Release: August 11, 2016
Puma Exploration (TSX VENTURE:PUM)(SSE:PUMA) reports results of the summer exploration sampling program at Ann’s Creek property in New Brunswick, Canada. Puma’s geologists have compiled and selected the highest potential within the less explored mineralized zones along the Rocky-Brook trend showing the highest zinc, silver and gold grades in order to evaluate and expand on their size.
The mineralized zones explored during the program, namely, PineTree, Half Mile, Bradly Gold and Great Northern, are spread over a distance of six kilometres and have received very little advanced exploration work to date. About 100 samples have been collected during the program showing very high grade precious and base metals up-to 29{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Zn, 14{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Pb, 491 g/t Ag and 8.8 g/t Au.
Table 1 : Selected grab samples results from the Ann’s Creek Property
Samples | UTM_X | UTM_Y | Zones | Au (g/t) |
Ag (g/t) |
Pb ({92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}) |
Zn ({92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}) |
P193546 | 283693 | 5284570 | Pine Tree | 3.07 | 26 | 1.0 | 0.3 |
P193553 | 283782 | 5284569 | Pine Tree | 3.43 | 89 | 3.6 | 0.2 |
P193554 | 283779 | 5284585 | Pine Tree | 0.98 | 107 | 5.3 | 0.6 |
P193577 | 283054 | 5284489 | Pine Tree | 0.39 | 3 | 0.0 | 1.3 |
P193578 | 283052 | 5284490 | Pine Tree | 2.02 | 9 | 0.1 | 1.7 |
P193624 | 283788 | 5284588 | Pine Tree | 0.63 | 153 | 7.2 | 6.0 |
P193625 | 283830 | 5284588 | Pine Tree | 0.10 | 96 | 4.2 | 1.9 |
P193629 | 283848 | 5284593 | Pine Tree | 0.25 | 149 | 5.3 | 4.7 |
P193633 | 283670 | 5284555 | Pine Tree | 0.85 | 132 | 3.6 | 29.5 |
P193634 | 283674 | 5284547 | Pine Tree | 4.41 | 70 | 2.9 | 1.9 |
P193642 | 283410 | 5284516 | Half Mile | 0.97 | 105 | 4.8 | 7.6 |
P193644 | 283314 | 5284474 | Half Mile | 0.53 | 41 | 1.3 | 2.2 |
P193645 | 283314 | 5284476 | Half Mile | 3.75 | 25 | 1.4 | 7.6 |
P193646 | 283283 | 5284472 | Half Mile | 3.05 | 6 | 0.1 | 0.2 |
P193647 | 283238 | 5284483 | Half Mile | 0.95 | 175 | 11.1 | 5.3 |
P193585 | 277594 | 5282522 | Great Northern | 0.50 | 491 | 14.2 | 1.0 |
P193557 | 279326 | 5283839 | Bradly Gold | 1.78 | 1 | 0.0 | 0.0 |
P193558 | 279326 | 5283840 | Bradly Gold | 6.16 | 1 | 0.0 | 0.0 |
P193559 | 279311 | 5283836 | Bradly Gold | 1.49 | 1 | 0.0 | 0.2 |
P193560 | 279311 | 5283829 | Bradly Gold | 0.66 | 177 | 7.1 | 0.1 |
P193561 | 279309 | 5283831 | Bradly Gold | 1.72 | 33 | 2.2 | 0.4 |
P193595 | 279178 | 5283768 | Bradly Gold | 0.08 | 2 | 0.0 | 1.7 |
P193606 | 279347 | 5283873 | Bradly Gold | 8.81 | 208 | 3.6 | 4.1 |
P193607 | 279347 | 5283872 | Bradly Gold | 6.86 | 113 | 0.9 | 6.4 |
P193608 | 279367 | 5283861 | Bradly Gold | 0.54 | 147 | 1.1 | 2.3 |
P193614 | 281876 | 5284152 | Bradly Gold | 0.26 | 9 | 0.3 | 1.7 |
P193617 | 282643 | 5284368 | Bradly Gold | 0.69 | 8 | 0.1 | 1.3 |
The Ann’s Creek Property consists of a 15 km long by 1.5 km wide Rocky Brook mineralized corridor adjacent and spatially related with the large 4 km diameter Nicholas-Denys porphyry intrusion. The Rocky Brook Corridor is a major mineralized structure which contains the main silver-gold-lead-zinc lenses centered on the Rocky-Brook-Millstream fault which is interpreted to have played a major role in the enrichment of the mineralized lenses. Surface trenching and stripping programs will be conducted in the vicinity of these zones in order to increase their size and extent.
Three-dimensional modeling focusing on the high-grade portions of the Haché and Shaft lenses containing at least 300 grams per tonne (g/t) Ag (10 ounces per ton) has been completed. Puma is currently evaluating different scenario’s to monetize the high grade Ag-Zn-Au- Pb at Hache and Shaft lenses.
About Puma Exploration
Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The Company’s major assets are the Turgeon Zinc-Copper Project and the Nicholas-Denys Project in New Brunswick and their equity interest in BWR as related to the Little Stull Lake Gold Project in Manitoba. Puma is focusing its exploration efforts in New Brunswick, Canada.
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To view the map associated with this press release, please visit the following link: http://media3.marketwire.com/docs/AnnsCreekDeposit.pdf