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Puma Exploration Inc.

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Summary

Project:

Murray Brook

Deposit:Murray Brook
Location:Canada
Commodities:Copper-Lead-Zinc-Gold-Silver
Date:12/22/2016
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:22-12-2016: Puma Exploration Inc. announces a Resource Estimation report for its Murray Brook deposit at the Murray Brook project. Updated mineral resource estimate for Murray Brook project. This report was prepared to provide a National Instrument 43-101
Resources:(Sulphide Resource, M+I): 5.284Mt @ 0.46% Cu, 1.80% Pb, 5.24% Zn, 0.65g/t Au, 68.9g/t Ag
CP/QP:[Resources]: Eugene Puritch;Yungang Wu (P&E Mining Consultants Inc.)
ABSTRACT:This report was prepared to provide a National Instrument 43-101 (“NI 43-101”) compliant Technical Report and Updated Mineral Resource Estimate on the Copper-Lead-Zinc-Gold-Silver mineralization contained in the Murray Brook Deposit, located approximately 60 kilometres to the west of the town of Bathurst, New Brunswick. The Murray Brook Project (“the Property” or “the Project”) is subject to purchase agreements between Puma Exploration Inc. (the project operator) and Votorantim Metals Canada Inc. and El Nino Ventures Inc. Votorantim Metals Canada Inc. holds a 67.9% interest and El Nino Ventures Inc. holds a 32.1% interest. This Technical Report was prepared by P&E Mining Consultants Inc. (“P&E”) at the request of Mr. Marcel Robillard, President of Puma Exploration Inc. The Property is located approximately 60 km west of Bathurst in the Parish of Balmoral, Restigouche County, New Brunswick, Canada and consists of surveyed Mineral Lease # 252, which covers approximately 505 ha. A 5 km gravel access road extends southward from Highway 180 to the mine site. Bathurst to the east provides access to rail and ocean shipping facilities. Several communities in the region offer commercial goods, social, educational and financial amenities, as well as a pool of skilled labour.

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