Puma Exploration Inc. (TSX-V: PUMA) (US Listing: PUXPF) (Frankfurt: 4P8A) is the subject of an exploration interview with Quinton Hennigh, PhD. Last week Puma announced two news releases;

1) setting the record date for spin-off of its copper assets (Record Date of June 17, 2022. The Distribution and Cash Payment are scheduled to occur on or about June 30, 2022), and

2) reporting the second batch of drill holes from its 10,000 m drill program; "Puma Exploration Discovers Several New High-grade Gold Zones at Williams Brook, Including 51.73 G/t Gold Over 1.85 M".

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President and CEO of PUMA Exploration, Marcel Robillard discusses the advancement of the Williams Brook Gold Project with Quinton Hennigh, PhD:

Dr. Hennigh is an exploration geologist that has identified many of the best next generation mining assets on the planet that are still in hands of junior exploration companies today and is an advisor to Crescat Capital LLC, which took a position in PUMA.V in August-2021 after his recommendation.

Both Marcel and Quinton note that the systematic drilling this season at Puma’s 100%-owned Williams Brook Gold Project in New Brunswick is improving the understanding since the 5.55 g/t Gold over 50 m discovery hole and other successes made last year. Assay results from the first 43 holes of 2022 drilling continue to extend the deposit strike length at shallow depth.

Puma has been focusing on advancing a high-grade gold system on the O'Neil Gold Trend (OGT); low-suphidation with the entire system epithermal. One of the most important aspects of this whole gold system is that it occurs at the boundary between the rhyolite and sedimentary rocks, where lots of complicated geological structures have developed -- Quinton notes similarities to nearby New Found Gold which is also both 'high-grade' and 'near surface'. The exercise underway is to sort out the structures and continuity. On the topic of gold distribution, Quinton notes that the gold on Puma’s OGT is evenly distributed with gold grains being small and peppered through the quartz, again similar to New Found Gold. The grades being found in drill core continue to correlate well to high-grade surface sampling.

Above: June 15, 2022 Video interview release, running time 34 min. 51 sec. source youtube: https://youtu.be/3aFL_2qB1Dk

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Multi-million Oz Gold Potential at PUMA Exploration’s Williams Brook

Puma Exploration Inc. (TSX-V: PUMA) (US Listing: PUXPF) (Frankfurt: 4P8A) is a Canadian-based mineral exploration company focused on advancing its Williams Brook Gold Property in New Brunswick, located in the same prolific geological setting as major Atlantic success stories such as Marathon Gold and New Found Gold. Since acquiring the project in March-2020, Puma has quickly gone from virgin/grassroots ground (finding anomalous sampling in the woods) to clearing, trenching and stripping clean to expose large swaths of a 750 m long patchwork of gold laden rhyolitic bedrock (named the O'Neil Gold Trend) proximal a contact zone that runs even much longer (many kilometres) within its claim boundaries. Puma commenced a new 10,000 m drill program this January 2022 in an area where quartz veining surface samples have yielded high-grades.

PUMA.V currently has a nominal market cap of ~C$29M (~106 million shares trading near ~C$0.27 -- Puma is fully financed to accomplish all key objectives for 2022). The share price of PUMA.V is apt to appreciate from the current trading price as continued news flow occurs, and as the significance of what Puma Exploration possesses is better appreciated by the market.

Figure 1 (above) Drilling results at the OGT -- Image source: June 8, 2022 news release. High-grade hits appear to be clustered along the favorable contact. The targeted horizon appears to dip 30 to 40 degrees which is suitable for a potential open-pit operation. As Puma's technical team continues to truth-the-ground along the gold trend, there is growing belief by many watching this story unfold that they are upon multi-million ounce gold potential.

Figure 2 (above) More than 30 specks of VG in hole WB22-66 (51.73 g/t Au over 1.85 m). The high-grade gold discovery in hole WB22-66 is of particular interest. It was drilled in an area (gap) between the Lynx and the Pepitos Gold zones where the thickness of the overburden prevented stripping and trenching before drilling. More than 30 specks of visible gold (“VG’’) were identified in hole WB-22-66 in an area that had not been sampled, indicating that the potential of the OGT, especially in this area, may be even higher than initially anticipated.

The O’Neil Gold Trend is one of these multi-kilometric systems that are highly prospective for gold discoveries. Since exploration work began at the Williams Brook Gold Project in 2019, more than 95 holes for 11,100 metres have been completed on 750 metres of the OGT. Several holes have returned significant gold intersections (see Table 1 below). These high-grade gold intercepts appear to be the surface expression of a large and pervasive supergene gold enrichment from a low sulphidation epithermal quartz sulphide system.

Table1 (below): Highlights of high-grade gold intersections at the OGT since 2021*

*Stated lengths in metres are downhole core lengths and not true widths. True widths will be calculated once more drilling confirms the geometry of the quartz-sulphide system.

The following URLs have been identified for further insight on Puma Exploration Inc.:

Company website

https://www.explorationpuma.com/en/ 

Company Twitter

https://twitter.com/explorationpuma

Company Facebook

https://www.facebook.com/pages/Puma-Exploration/205712039487571

SEDAR

https://sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00015074

Overview of the opportunity at Puma from Inside Exploration:

https://insidexploration.com/puma/

Recent Mining MarketWatch Journal review

https://miningmarketwatch.net/puma.htm

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