Welcome to our dedicated page for Puma Exploration news (Ticker: PUMXF), a resource for investors and traders seeking the latest updates and insights on Puma Exploration stock.
Puma Exploration Inc. (PUMXF) delivers focused mineral exploration through advanced geological analysis and strategic partnerships. This page serves as the definitive source for verified corporate updates, offering investors and industry observers direct access to essential developments.
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Puma Exploration Inc. reports the execution of definitive sale agreements with Raptor Resources Limited to sell its Chester and Turgeon Projects in New Brunswick. The agreements aim to monetize copper assets and unlock their value, providing cash flow and reducing share dilution. The transactions involve non-dilutive cash payments and issuance of common shares to Puma by Raptor. The company retains its option rights on the Murray Brook West Project. Puma's President looks forward to increased shareholder value and potential new investors through this strategic move.
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Puma Exploration Inc. commences its 2024 drilling program at the Williams Brook Gold Project in Northern New Brunswick. The program aims to expand the volume, scale, and gold grade of the project by targeting the Lynx Gold Zone's northeast strike extension. The company plans to drill 2,000 meters at the Tiger Gold Zone, following successful high-grade gold targets identified in previous years. Puma's low-cost exploration model has shown promising results, with significant gold mineralization discovered in recent drilling programs.
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Puma Exploration Inc. reports that Canadian Copper has completed the acquisition of the Murray Brook Deposit, the largest advanced-stage polymetallic asset in New Brunswick. The 21 Mt (Measured + Indicated) VMS deposit contains 2.73% Zn, 0.47% Cu, 1.0% Pb, 41 g/t Ag, 0.65 g/t. CCI's acquisition secures substantial growth, and Puma benefits from its ongoing success with an 11% equity stake in the company.
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Puma Exploration Inc. has signed the TIMM property definitive agreement to increase its gold landholdings, with grab samples grading up to 362 g/t gold. The property is strategically located in Northern New Brunswick, with a similar gold environment as Williams Brook Gold property. Puma will issue 250,000 shares to the vendor and complete $100K worth of work over two years to acquire a 70% interest in the TIMM property. Ongoing work at the Williams Brook Gold Project includes finalizing fieldwork assessment reports and defining 2024 drilling targets.
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Puma Exploration Inc. reports positive results from its 2023 exploration program at the Williams Brook Gold Project. The company discovered new gold zones, extended high-grade gold shoots to depth, and intercepted visible gold at surface. The Lynx Gold Zone now spans 750m along strike, 100m wide, and 175m deep, with potential for open pit mining scenarios. The company's proposed 2024 Exploration Program aims to continue building volume and scale at Williams Brook.
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Puma Exploration Inc. (TSX-V: PUMA, OTCQB: PUMXF) closes non-brokered placement of 8,400,000 flow-through units at $0.125 per unit, raising C$1,050,000. The proceeds will be used for eligible Canadian Exploration Expenses and flow-through mining expenditures, advancing exploration at the Williams Brook Gold Project and assets in Northern New Brunswick.
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Puma Exploration Inc. (PUMA) has announced new high-grade gold veins at the Tiger Gold Zone (TGZ) and the discovery of a new prospective area, the Cheetah Gold Zone (CHGZ), confirming continuous high-grade gold mineralization over 1.5 km. The hydrothermal system with gold mineralization remains open to the NE, with evidence of pervasive alteration at the surface. The company is pleased to announce the surface results from its 2023 field exploration program at its 100%-owned Williams Brook Gold Project in Northern New Brunswick.
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Puma Exploration Inc. (TSX-V: PUMA, OTCQB: PUMXF) announces high-grade gold veins intercepted in the Williams Brook Gold Project. Results include 20.67 g/t gold over 5.50 m and 32.15 m of 3.80 g/t gold in WB23-142, and 10.81 g/t gold over 5.65 m and 9.91 g/t gold over 5.10 m within 98.05 m of 1.24 g/t gold in WB23-145. The continuity of gold mineralization at Lynx is demonstrated with mineralized envelopes extending over impressive lengths. The PR also highlights additional high-grade gold shoots intercepted underneath the high-grade gold veins sampled at surface, confirming a model of multiple stacked veins extending at depth. The results expand the distribution of the high-grade gold shoots, with mineralized intervals beginning at or near the surface. The company also invites shareholders and interested parties to participate in a webinar on November 23, 2023.
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Puma Exploration Inc. announces high-grade gold intercepts at its Williams Brook Gold Project. Hole WB23-139 intersected 63.05m at 2.49 g/t gold, including intervals of 37.40 g/t gold over 2.50m and 21.66 g/t gold over 2.55m. Moose area shows consistent gold mineralization at surface.
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Puma Exploration has entered into a property agreement to increase its gold landholdings at the Williams Brook Gold Project in Northern New Brunswick. The newly optioned TIMM Gold Property shows promising gold grades and is part of Puma's strategy to build a gold camp in the region.
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