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Puma Exploration Discovers New Visible Gold-Bearing Zone at Williams Brook Gold Property
RIMOUSKI, Quebec, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Puma Exploration Inc., PUMA-TSXV, (the “Company” or “Puma”) is pleased to announce that its ongoing surface
About this update from Puma Exploration Inc.
[{"type":"text","content":" RIMOUSKI, Quebec, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Puma Exploration Inc., PUMA-TSXV, (the “Company” or “Puma”) is pleased to announce that its ongoing surface trenching and stripping programs have uncovered a new 100 meter-long high density quartz veining zone with visible gold (VG) at its Williams Brook Gold Project located in New Brunswick, an emerging new gold district of Atlantic, Canada. A large zone of quartz veins and veinlets has been found by the continuous program of trenching and stripping along the OGT. The new zone is located 150 meters NE of Lynx (see Figure 1). It can be followed for more than 100 meters, so far, on surface, between the Chubby and Moose Gold Zones. Visible gold (VG) has been identified in a quartz/iron oxides vein. This new occurrence of numerous gold-bearing quartz veins (see Figure 2) coincides with a sudden change in the direction of the rhyolite/sediment contact as predicted by our structural model. As other similar flexures of the lithological contact are expected, trenching and stripping will continue moving NE along the OGT with two excavators, two trucks and one bulldozer as long as the weather permits (see Figure 3). Marcel Robillard, President and CEO, stated: “The discovery of this new significant high density quartz veining zone containing visible gold confirms that the exploration model of our technical team works perfectly. Actual stripping is widening this new gold-bearing quartz zone in preparation for intense sampling. The size, the abundance of quartz, the alteration and the visible gold makes this new occurence a premium drill target!” These gold bearing quartz veins networks are consistent along the favorable contact sediment/rhyolite and recent sampling results (see PR 2021-10-14) confirmed the presence of other similar systems along strike within the 7 kilometers potential O’Neil Gold Trend. Stripping and intense sampling will then be extended an additional 300 meters NE toward the Moose Gold Zone and beyond. O’NEIL GOLD TREND (OGT)The O’Neil Gold Trend (OGT) is a pervasive altered and brecciated rhyolite unit hosting significant gold showings and occurrences followed by trenching and drilling over a strike length of 700 meters. The geophysical signature of the OGT is expressed over 7km. The favourable unit (rhyolite) is similar and parallel to the structures hosting ...