RIMOUSKI, June 14 /CNW Telbec/ - Puma Exploration has received the results of magnetic and induced polarization (IP) surveys conducted on the Edmund property in northeast Manitoba. Strong IP anomalies that correspond with strong magnetic anomalies have been identified on the exploration grid. These corresponding anomalies also coincide with geochemical soil anomalies and gold alteration zones. The coincidence of the geophysical anomalies with the geochemical anomaly is similar to that which occurs 25 Kms to the east at the Little Stull Lake gold deposit that contains a resource of 750,000 t with a grade of 10.3 g/t gold. This geological combination of features is also present at the Monument Bay deposit, located 30 Kms south, that contains a resource of 1,026,258 t grading 15.36 g/t gold (Wolfden Resources Web site). The main magnetic anomaly has been traced over a 1.2 Km strike length and is localized on the northern flank of a very strong, 100 metre-thick, sub- vertical chargeability (IP) anomaly that corresponds with the magnetic anomaly. No previous exploration work and no previous drilling have been performed in this area. Puma Exploration will conduct a summer follow-up program to further define targets for a second drill program that will commence as soon as ground conditions permit. The information in this press release is illustrated on our website at www.explorationpuma.com . The contents of this press release were prepared by geologist Marcel Robillard, a qualified person under NI 43-101. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release
