Gold

Puma Exploration

Puma Exploration

TSXV:PUMA

Exploring Highly Prospective High-Grade Assets in New Brunswick’s Bathurst Mining Camp

Company Highlights

  • Puma Exploration is exploring more than 40,000 hectares of prime land in a new gold camp in New Brunswick, Canada close to the renowned Bathurst Mining Camp.
  • Excellent infrastructure access includes paved road, airport, rail and seaport
  • Exploration work at the company’s flagship Williams Brook property to date has identified four different gold trends.
  • Puma has completed 10,000 m of drilling at the O’Neil Gold Trend under its aggressive 2022 exploration program
  • Puma’s management team has a record of success in major exploration projects
CEO Interviews
Press Releases
INNspired

Overview

New Brunswick in Canada’s East Coast is a province rich in natural resources with mining-friendly policies, substantial infrastructure and a competitive tax regime. Consistently ranked among the top places in the world for mineral exploration in the Fraser Institute’s Annual Survey of Mining Companies, New Brunswick is home to the Bathurst Mining Camp (BMC), which is one of the most prolific mining camps for base metals in Canada.

The BMC hosts 46 mineral deposits of which 25 comprise reserves of 1 million tonnes or more. The BMC also hosted the Brunswick #12 mine, one of the largest underground zinc mines in the world. As a result, companies with mineral projects in New Brunswick’s BMC will likely be of particular interest to investors seeking upside potential.


Puma Exploration (TSXV:PUMA, OTCQB:PUMXF) is a Canadian mineral exploration company focused on developing a portfolio of high-grade, precious metals projects, in an up-and-coming gold camp located near the BMC. The company is led by a management team with decades of experience in mining exploration and development.

Puma Exploration

Puma Exploration Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT


Overview

New Brunswick in Canada’s East Coast is a province rich in natural resources with mining-friendly policies, substantial infrastructure and a competitive tax regime. Consistently ranked among the top places in the world for mineral exploration in the Fraser Institute’s Annual Survey of Mining Companies, New Brunswick is home to the Bathurst Mining Camp (BMC), which is one of the most prolific mining camps for base metals in Canada.

The BMC hosts 46 mineral deposits of which 25 comprise reserves of 1 million tonnes or more. The BMC also hosted the Brunswick #12 mine, one of the largest underground zinc mines in the world. As a result, companies with mineral projects in New Brunswick’s BMC will likely be of particular interest to investors seeking upside potential.


Puma Exploration (TSXV:PUMA, OTCQB:PUMXF) is a Canadian mineral exploration company focused on developing a portfolio of high-grade, precious metals projects, in an up-and-coming gold camp located near the BMC. The company is led by a management team with decades of experience in mining exploration and development.

Puma Exploration New Emerging Gold Camp

Puma Exploration controls more than 40,000 hectares of land, made up of three highly-prospective properties, approximately 60 kilometers west of the BMC. The company’s exploration program is currently focused on its flagship Williams Brook Gold Project. “We have found the best hole ever, it’s a dream come true,” said CEO of Puma Exploration Marcel Robillard.

In September 2021, the company announced impressive initial drill results of 5.55 g/t of gold over 50.15 meters from the surface of its Williams Brook Gold property. The notable property is a major discovery for Puma Exploration and is fully controlled by the company. Puma has completed its 10,000-meter drilling program at the O’Neil Gold Trend with 97 short holes drilled for a total of 10,348 meters. The company intersected several new high-grade veins at shallow depth (from 0-50 meters), including 51.73 g/t gold over 1.85 meters and 10.70 g/t gold over 2 meters in hole WB22-66, and 35.09 g/t gold over 1.45 meters in hole WB22-39. A total of 2,170 core samples have been sent to ALS CHEMEX for analysis.

The company is committed to its DEAR strategy (development, exploration, acquisition and royalties) to generate maximum value for shareholders with low shares dilution and follows robust ESG initiatives that ensure a sustainable approach to all its activities.

Company Highlights

  • Puma Exploration is exploring more than 40,000 hectares of prime land in a new gold camp in New Brunswick, Canada close to the renowned Bathurst Mining Camp.
  • Excellent infrastructure access includes paved road, airport, rail and seaport
  • Exploration work at the company’s flagship Williams Brook property to date has identified four different gold trends.
  • Puma has completed 10,000 m of drilling at the O’Neil Gold Trend under its aggressive 2022 exploration program
  • Puma’s management team has a record of success in major exploration projects

Key Projects

Puma Key projects

Williams Brook

The Williams Brook property is located on the western edge of the BMC. It covers more than 40,000 ha of prime exploration land and benefits from excellent access, water, electricity, and the availability of an experienced workforce.

Exploration work to date has identified four different gold trends on the property. Puma is currently focused on the newly discovered O'Neil Gold Trend, a pervasive altered and brecciated rhyolite unit that appears to extend 15 km along strike. The rhyolite is in contact with sediments and is characterized by quartz veins and veinlets, stockworks, and breccias. Visible gold is present, and grab samples have returned high-grade gold up to 371 g/t gold.

The first-ever drilling campaign on the O'Neil Gold Trend was completed in August 2021 and intersected 50.15 meters grading 5.55 g/t gold in WB21-02. Gold mineralization is characterized by pervasive sericite and iron alteration over large sections. The presence of abundant quartz veins and veinlets with disseminated sulphides and oxides was also observed. Often, visible gold is also present.

Work to date at Williams Brook suggests that it may host a large gold system. High-grade gold mineralization extends subsurface along a 750 km strike length at the O’Neil Gold trend and surface exploration has identified numerous additional high-grade gold trends in other areas of the property.

Jonpol and Portage

Puma's contiguous Jonpol and Portage properties are located approximately 10 kilometers east of Williams Brook and are underlain by the same geology. They cover an area of approximately 6,000 ha. Several gold occurrences grading up to 17.1 g/t gold are reported on both properties. While the company is currently focused on advancing exploration on its flagship Williams Brook property, work on Jonpol and Portage will resume in the future.

Management Team 

Marcel Robillard, P.Geo. - President & Chief Executive Officer

Marcel Robillard is currently a director of PEZM Gold Inc. (PEZM-H) and reviewing potential strategic acquisition opportunities in the green energy sector. From 1998 to 2007, Robillard was a project geologist and project manager at Géominex, a geology and exploration consulting company, before becoming its president in 2007 until 2015. He has a Bachelor of Science in Geology and a Master of Science. in Earth Sciences from the Université du Québec à Montreal, Canada.

Dominique Gagné, P.Geo. - Senior Exploration Geologist

Dominique Gagné is an exploration geologist with more than 17 years of experience working on grassroots to advanced exploration projects in Eastern Canada. Gagné developed his expertise in exploration techniques, GIS and various deposit types through his work at DeBeers Canada, Xstrata, IamGold, Consorem and Resource Appalaches. He runs Geominex, a consulting company that provides geological services to clients in exploration and mining and has led Puma Exploration’s technical team since 2013. Gagné holds a Bachelor of Science. in Geology and a certificate in GIS from the Université du Québec à Montreal, Canada. He is registered with the Ordre des géologues du Québec and the Association of Professional Engineers and Geoscientists of NewBrunswick.

Dr. Laura Araneda - Director

Dr. Laura Araneda has been president of Vic Progressive Drilling for over 20 years, starting as a clerk in 1987. Araneda is very active in her home province of New Brunswick. She guides and mentors education, business and mining organizations, and possesses an enviable professional network of contacts in Atlantic Canada and across the country. Araneda graduated from the University of New Brunswick with a Bachelor of Business Administration, completed an Entrepreneurial Leadership Program and was awarded a doctorate in 2014. She's been named Canada's 100 Top Female Entrepreneurs for four consecutive years.

Michel Fontaine - Director

Michel Fontaine is a private investor, entrepreneur and independent board member with more than two decades of experience working in the mining sector. Fontaine worked at Merrill Lynch and BMO Nesbitt Burns as a financial advisor before founding Windfall Geotek (TSXV: WIN), a public software firm, in 2005. Windfall Geotek leverages artificial intelligence and machine learning to optimize and significantly improve exploration, development, operations and financing outcomes in the mining sector. Fontaine was previously a director of Metanor, Majescor, Everton and AEMQ.

Réjean Gosselin - Director & Executive Chairman Of The Board

Réjean Gosselin has worked in the mining sector for more than 42 years serving as CEO and director for various Canadian junior mining companies. In 1980, he co-founded Claude Resources, which Silver Standard later acquired for $450M in 2016. Gosselin was president and CEO of Diabras Exploration (now Sierra Metals). In 2007, Gosselin formed Maya Gold & Silver and served as its president and CEO before becoming chairman of the board until 2017. He also formed and led Origin Gold Corporation (now O2Gold), with projects in Colombia, from 2015 to 2019. Gosselin became a director at Puma Exploration in 2020 and was recently appointed executive chairman. He holds a Master's Degree in Geology from Laval University, Canada.

Richard Thibault, P.Eng. - Director

Richard Thibault is a professional engineer with more than 42 years of mining experience in engineering, operations, management and consulting in North and South America and Southeast Asia. He is currently the president and principal at Avot Consulting Inc., a private company that provides mine engineering services to clients in South America. He has worked in Argentina, Australia, Bolivia, Canada, Chile, Colombia, Ecuador, Malaysia, Mexico, Panama, Peru, the United States and Venezuela. Thibault was previously the vice-president and director of mines at Muzo Columbia; the chief operating officer, mining at Malaysia Smelting Company Bhd., senior general manager of its subsidiary Rahman Hydraulic Tin Sdn. Bhd.; and CEO and director of Antioquia Gold Inc. He currently serves as a director of Argentex Mining Corporation (TSXV: ATX) and the private companies XACT Contracting Services Ltd. and The AVOT Group. He holds a Bachelor of Science in Mining Engineering from Queen's University, Canada.

Jacques Dion - Director

Jacques Dion has more than 30 years of experience in environmental assessment, the management and transportation of hazardous materials, as well as emergency spill response planning. Following the Lac-Mégantic rail disaster in Quebec, Canada in 2013, he was appointed project director for recovering and treating petroleum hydrocarbon impacted water. He was involved in four major northern military site clean-up projects: Resolution Island, FOX-C, Cape Christian and Cape Dyer. Dion also designed a solid waste management plan for the City of Iqaluit. He is a board member and founder of Avataani Environmental Services with a local Nunavik partner. He also acted as vice-president and Board member for 14 years with Qikiqtaaluk Environmental Services, an Inuit firm located in Iqaluit.

*Disclaimer: This profile is sponsored by Puma Exploration ( TSXV:PUMA ). This profile provides information which was sourced by the Investing News Network (INN) and approved by Puma Exploration in order to help investors learn more about the company. Puma Exploration is a client of INN. The company's campaign fees pay for INN to create and update this profile.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Puma Exploration and seek advice from a qualified investment advisor.

Puma Exploration

Puma Exploration Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

×