Business

Puma Exploration Increases High-Grade Gold Footprint of Lynx Gold Zone and Extends at Depth

Hole WB23-139 intersected 63.05 m at 2.49 g/t gold, including two (2) high-grade gold intervals of 37.40 g/t gold over 2.50 m and 21.66 g/t gold over 2.55 m. 2.

articlePuma Exploration Inc.October 31, 20234/company/puma-exploration-inc-1/news/puma-exploration-increases-high-grade-gold-footprint-of-lynx-gold-zone-and-extends-at-depth
Puma Exploration Increases High-Grade Gold Footprint of Lynx Gold Zone and Extends at Depth

About this update from Puma Exploration Inc.

[{"type":"text","content":" Hole WB23-139 intersected 63.05 m at 2.49 g/t gold, including two (2) high-grade gold intervals of 37.40 g/t gold over 2.50 m and 21.66 g/t gold over 2.55 m. 2.06 g/t gold over 5.20 m was intercepted at 215 m downhole (WB23-139)- the deepest occurrence of gold to date. Lower-grade gold envelopes of 0.49 g/t to 0.67 g/t gold over 22.80 to 30.95 m surround the higher-grade gold shoots. The Moose area shows consistent gold mineralization at surface with hole WB23-136 grading 30.90 m of 1.10 g/t gold. Drill core samples with visible gold (“VG”) returned 137.0 g/t gold over 0.60 m (WB23-139), 96.0 g/t gold over 0.45 m (WB23-139), 63.6 g/t gold over 0.30 m (WB23-136), 16.85 g/t gold over 0.79 m (WB23-137). RIMOUSKI, Quebec, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSX-V: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) is pleased to announce the results of another seven (7) holes of its 2023 drilling program at its 100%-owned Williams Brook Gold Project with high grades intercepts and long gold mineralized sections. Hole WB23-139 intersected two (2) high-grade gold intervals of 37.40 g/t gold over 2.50 m and 21.66 g/t gold over 2.55 m (Figure 1) within a 63.05 m intercept grading 2.49 g/t gold from 89.95 to 153.00 m. The same hole intersected another gold intersection of 2.06 g/t gold over 5.20 m at 215 m downhole depth. With these new gold intersections, the Lynx Gold Zone (“LGZ”) has been extended to approximately 150 m vertical depth (Figure 2), further highlighting the potential for significant depth extension. Today’s results have also increased the continuity of the high-grade gold at surface with an intersection of 30.90 m grading 1.10 g/t gold in WB23-136 and 5.00 m of 2.79 g/t gold in WB23-137 starting at 8 m and 2 m below surface respectively. Puma’s President and CEO Marcel Robillard commented, “Our 2023 drilling continues to deliver robust gold results and highlights the potential scale and calibre of the Williams Brook Gold Project. All drill holes reported in this release successfully intersected the quartz-bearing structures and new gold mineralization. Hole WB23-139 returned the second longest high-grade gold interval of all the holes drilled with 165.55 gram-metres gold. That same hole also hit gold at 215 m depth in a previously untested area, indicating there is significant depth and lateral ...

More updates from Puma Exploration Inc.