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Puma Exploration reports Massive Sulphide Drill Intercepts at Turgeon Project

Teresa Matich
Jun. 18, 2015 08:52AM PST
Base Metals Investing

Puma Exploration (TSXV:PUM) reported initial results from its 2015 drill program at its Turgeon copper-zinc project in New Brunswick. Drilling focused on the newly discovered Dragon Zone, and has “successfully confirmed the existence of a third major VMS system at Turgeon which doubles the volume of the previously known sulphide mineralization envelope.”

Puma Exploration (TSXV:PUM) reported initial results from its 2015 drill program at its Turgeon copper-zinc project in New Brunswick. Drilling focused on the newly discovered Dragon Zone, and has “successfully confirmed the existence of a third major VMS system at Turgeon which doubles the volume of the previously known sulphide mineralization envelope.”

As quoted in the press release, highlights from the program included:

  • Multiple massive sulphide drill intercepts with up-to 13 meters in length and averaging 5 meters;
  • Three new holes within the high grade zone confirms the existence, and increases the size of the higher grade mineralization previously encountered in the discovery drill hole FT14-05 (6.8% Zneq over 6.8m) with 6.1% Zneq over 4.1 meters (FT15-04) and 5.8% Zneq over 4.0 meters (FT15-03);
  • The persistent alteration and mineralization halo indicates the presence of a major hydrothermal system with 0.8% Zneq over 112.5m (FT15-01), 0.8% Zneq over 116.5m (FT15-03) and 2.4% Zneq over 23.1m (FT15-04);
  • A newly discovered, significant Cu-stockwork mineralization zone indicating the presence of an entirely new VMS system in the Dragon Zone area with 2.2% Cu over 2.1m (FT15-01) and 1.2% Cu over 2.4m (FT15-03);
  • The best drill results were located in the newly found fertile syn-volcanic fault zone that was outlined; A precisely designed upcoming drill campaign will verify the best potential targets;
  • All three zones including the new Dragon zone, Powerline and Zinc Zone are open in all directions and at depth.

Puma president, Marcel Robillard, said:

These new results confirm the potential for more massive sulphide deposits at depth and along strike. The next drilling program will target higher-grade areas within the Dragon Zone”. A second phase of drilling is planned after the newly found features are included into the geological modeling.

Click here to read the Puma Exploration (TSXV:PUM) press release

See this press release on Marketwire

tsxv-pum drill-results new-brunswick
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