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Puma Exploration Inc.
Summary
| Project: | Murray Brook | |
|---|---|---|
| Deposit: | Murray Brook | |
| Location: | Canada | |
| Commodities: | Copper-Lead-Zinc-Gold-Silver | |
| Date: | 10/31/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-10-2017: Puma Exploration Inc. announces an Exploration/Drilling Update report for its Murray Brook deposit at the Murray Brook project. Drilling results incl. 17m @ 3.23% Pb, 2.58g/t Au, 119g/t Ag, 0.56% Cu from 357m. Rimouski, October 31st, 2017 – Pu | |
| Resources: | (Resource, M+I): 5.28Mt @ 5.24% Zn, 1.8% Pb, 0.46% Cu, 68.9g/t Ag, 0.65g/t Au at project | |
| CP/QP: | [Overall Report]: Marcel Robillard (Internal) | |
| ABSTRACT: | Rimouski, October 31st, 2017 – Puma Exploration (the “Company” or “Puma”) is pleased to announce the results of the first of three holes from the 2017 drilling program at its Murray Brook Deposit in New Brunswick. Hole MB17-01 intersected over 405 meters of continuous massive sulphide mineralization starting from 27 meters from surface and extending to a depth of 435 meters. The overall grades of the 405 meter massive sulphide mineralization are 3.3% Zn, 1.1% Pb, 0.95g/t Au, 42g/t Ag, and 0.30% Cu including a high grade gold zone of 2.0 g/t Au over 160 meters. Hole MB17-01, drilled to a total downhole depth of 549 meters, was designed to validate historic high-grade zones, to expand the potential resources at depth and to define the geological model, including the metal zonation. All of this new information will be used for mining plan in the current Preliminary Economic Assessment (‘’PEA’’) along with the Results of a bulk sample of 200-300 kg of fresh core being collected to proceed with more advanced metallurgical recovery studies. Hole MB17-01was drilled at a -45° declination in the center of the west side of the Murray Brook Deposit, is characterized by high grade zinc mineralization, which constitutes the core of the resource estimate released in December 2016. The West Zone (Zinc) is 200 meters wide, extending from surface to 300 meters vertical and the true thickness of the massive sulphide body varies from 75 meters to 100 meters. Please refer to figures 1 and 2. | |
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