Puma Finds New VMS System at Turgeon Copper-Zinc Project

Puma Exploration Inc. (TSXV:PUM) announced the discovery of a new near-surface volcanogenic massive sulfide (VMS) system at its New Brunswick-based Turgeon copper-zinc project.

Marcel Robillard, Puma’s president, said the discovery “strongly validate[s]” the company’s strategy at Turgeon, also stating that a 2014 work program is currently being planned for the project.

As quoted in the press release:

The new system discovered, named the Dragon Zone, is located only 200 meters south-west of the main Powerline and Zinc Zone deposits and occurs in an area that has received very limited drilling. Hole FT13-13 intersected four meters of massive sulphide grading 1.01% Cu and 0.78% Zn which is similar in grade to the massive sulphide zones intersected throughout the adjacent main deposits at Turgeon. This zone is interpreted to be the edge of an pervasive VMS system that occurs in the same volcanic unit that shows a significant zinc mineralization halo over a plus 100 meter intersection in drillhole FT13-12 with 0.16% Zn over 161 meters and drillhole FT13-15 with 0.11% Zinc over 114.9 meters.

Another area of interest is located 100 meters west of the new Dragon Zone and is currently defined by holes FT13-01, FT13-08 and FT13-10. It also displays significant zinc mineralization with 0.23% Zinc over 139.8 meters (FT13-01) and 0.20% Zinc over 52.1 meters (FT13-10). While extremely encouraging, the results are preliminary and this new zone will require additional drilling to fully test its potential and its location in the Turgeon volcanic pile.

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