Puma Exploration Inc.

Financials:

Primary ticker: TSXV:PUMA, OTCQB:PUMXF
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Williams Brook Gold Project
Project location: Canada
Website: www.explorationpuma.com

Corporate presentation: Click here

PUMA EXPLORATION is a Canadian mineral exploration company focused on expanding its gold discovery at the Williams Brook Gold Project in New Brunswick, Atlantic Canada. An intersection of 5.55 g/t Au over 50.15 m was drilled in 2021 at the Lynx Gold Zone (“LGZ”), along a 15 km-long structure (the O’Neil Gold Trend). A follow-up 2022 drilling program at the LGZ confirmed that near-surface, high-grade gold mineralization extends at least 750 m along strike along 3 separate enrichment zones. A large epithermal system is likely at Williams Brook. Surface exploration work has identified several additional gold targets and trends on the 40,000 ha property. Puma is developing a gold camp at Williams Brook.

Cash: CAD$2M
Debt: NIL

Major shareholder:
Management Ownership – 4%

Management Profile

MARCEL ROBILLARD, P.Geo. – PRESIDENT & CHIEF EXECUTIVE OFFICER, DIRECTOR

Mr. Robillard became President and CEO of Puma in 2010. He is currently a Director of PEZM Gold Inc. (PEZM-H) and reviewing potential strategic acquisition opportunities in the green energy sector. From 1998 to 2007, Marcel held the position of Project Geologist and Project Manager at Géominex, a geology and exploration consulting Company, before taking on the role of President from 2007 to 2015. Marcel has a B.Sc. in Geology and an M.Sc. in Earth Sciences from the Université du Québec à Montreal, Canada.

What is your rationale for taking part in 121 Mining Investment?

We are looking to raise awareness and broaden our investor base. Puma has made significant gold discoveries in 2021 and 2022. We’re aggressively developing what may be the next gold mine in Atlantic Canada. This is a story to watch!

What recent news would you like to highlight to investors attending?

Oct. 17, 2022 PUMA EXPLORATION SECURES MORE PROSPECTIVE GROUND AT ITS WILLIAMS BROOK GOLD PROJECT

Oct 12, 2022 PUMA EXPLORATION SHARES ITS EXPLORATION PROGRESS AT ITS WILLIAMS BROOK GOLD PROJECT

Sept. 29, 2022 PUMA EXPLORATION HITS MULTIPLE HIGH-GRADE GOLD INTERCEPTS AT WILLIAMS BROOK

July 26, 2022 PUMA EXPLORATION RECEIVES $1.75M FROM WARRANT EXERCISE

June 28, 2022 PUMA EXPLORATION COMPLETES ITS WINTER DRILLING PROGRAM AND OUTLINES ITS SUMMER FIELD EXPLORATION PROGRAM AT WILLIAMS BROOK

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Launch a follow-up drilling program to test gold targets at the Lynx Zone to extend mineralization along strike and a depth.

6 Months:
Initiate a bulk sample to evaluate the overall grade of near-surface mineralization at the Lynx Gold Zone and assess Au recovery rates.

12 Months:
Validate the depositional model at Williams Brook. Start infill drilling to confirm continuity of Au mineralization at the Lynx Gold Zone and other gold trends that have been identified on the property – namely, the Jaguar Gold Zone. 

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

The market downturn is our biggest risk at present. Being well financed, Puma can weather the storm and keep exploring. The fundamentals of the Williams Brook Project are strong – the potential for a large epithermal/orogenic system is there, and gold can be found throughout the property. Our proven exploration method will continue to systematically uncover what the property holds.

What do you think makes your company such a compelling investment?

Our large land package is situated in a great jurisdiction – New Brunswick. There’s excellent access and readily-available mining infrastructure thanks to its proximity to the Bathurst Mining Camp. Results from less than 15,000 m of drilling indicate that Williams Brook has the potential to host a large epithermal gold system. The Company will continue to aggressively develop the project in 2022 and beyond. News is expected to be consistent.

What are the top 3 key investor takeaways?

• Strategically located and high-quality Williams Brook asset has significant room for further exploration in adjacent areas

• Early success on initial exploration endeavors evidenced by multiple high-grade gold veins discovered near the surface:
▪ 46.94 g/t Au over 3.85 m (@45.60 m)
▪ 34.93 g/t Au over 3.00 m (@2.00 m)
▪ 28.52 g/T Au over 2.10 m (@13.70 m)
▪ 22.28 g/t Au over 3.20 m (@3.80 m)
▪ 16.92 g/t Au over 2.90 m (@46.80 m)

• Proven management team with a track record of success in discovery and exploration