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Puma Exploration Inc.
Summary
| Project: | Murray Brook | |
|---|---|---|
| Deposit: | Murray Brook | |
| Location: | Canada | |
| Commodities: | Copper-Lead-Zinc-Gold-Silver | |
| Date: | 11/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-11-2017: Puma Exploration Inc. announces an Exploration/Drilling Update report for its Murray Brook deposit at the Murray Brook project. Drilling results incl. 10m @ 0.53g/t Au, 71g/t Ag, 1.15% Cu, 1.7% Pb, 6.6% Zn from 27m. Rimouski, November 9th, 2017 | |
| 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, November 9th, 2017 – Puma Exploration inc. (the “Company” or “Puma”) is pleased to announce the results of drillholes MB17-02 and MB17-03 from the 2017 drilling program at its Murray Brook Deposit in New Brunswick. Hole MB17-03 intersected the surface rich zinc and copper zone grading 6.60% Zn, 1.70% Pb, 0.53 g/t Au, 71 g/t Ag, 1.15% Cu over 10 meters and a new copper stringers zone grading 1.02% Cu over 26 meters. The 2017 preliminary drilling program consisted of three (3) holes (774m), including one deep hole and two shallow, the first was designed to verify the extensions, at depth, of the Murray Brook Deposit. As released, Hole MB17-01 successfully intersected impressive massive sulphide mineralization over 405 meters grading 3.3% Zn, 1.1% Pb, 0.95g/t Au, 42g/t Ag, and 0.30% Cu (see press release of October 31st, 2017). The two shallow holes followed to confirm the continuity of the fertile Caribou Horizon near the known deposit. Hole MB17-03 intersected a new zone of copper stringers near surface grading 1.02% Cu over 26 meters including a higher zone with 1.47% Cu over 13 meters. This new zone opens the western side of the Murray Brook Deposit along the favorable and fertile Caribou Horizon which shows over a length of one kilometer high priority targets (refer to Figure 1). Results from hole MB17-02 allowed to outline structural constraints and to orient future exploration work. These priority targets are indicated by major gravity, chargeability and Megatem (EM) anomalies. In light of the results from these holes, Puma has started an important exploration program in the vicinity of the newly expanded southwest section of the Deposit which will include trenching and drilling operations. | |
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