Puma Launches 2024 Exploration Program at Jonpol Gold

From GlobeNewswire: 2024-05-08 08:00:00

Puma Exploration Inc. is launching its 2024 exploration program at the Jonpol Gold property in Northern New Brunswick, focusing on identifying additional priority targets and potential gold deposits. Historical grab samples from the property graded up to 17.1 g/t Au, indicating high-grade mineralization. The Company aims to expand regional exploration and improve gold recoveries at the Williams Brook Project.

Limited diamond drilling at Jonpol Gold property yielded promising results, with high-grade gold intercepts like 1.13 g/t Au over 12.0 m. Puma’s data compilation highlights a 4 km-long gold trend parallel to a major fault, similar to the Lynx Gold Trend. The Company is prioritizing this area for future work, aiming to grow its gold inventory.

Puma secured additional land packages in Northern New Brunswick, extending its holdings to 4,736 ha. The new claims are near the Williams Brook property, underlain by the same geology. The Company’s strategy focuses on increasing shareholder value through strategic acquisitions and land expansions in mining-friendly jurisdictions.

Puma’s 2024 plans include proving the continuity of high-grade gold mineralization at the Tiger Gold Zone and expanding regional exploration to identify additional priority targets. The Company also aims to expand on high-grade mineralized intercepts at the Lynx Gold Zone and improve gold recoveries at the Williams Brook Project. Upcoming events offer shareholders and interested parties the opportunity to engage with Puma’s team and learn more about its projects.



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