Puma Exploration Inc. (TSXV: PUMA | OTCQB: PUMXF) has launched its 2024 exploration programme at its 100%-owned Jonpol Gold property located 8km east of its Williams Brook property in Northern New Brunswick.
Puma is expanding its regional exploration fieldwork to prospective areas of the Williams Brook Project to identify additional priority targets and add to the Williams Brook gold inventory. A focused exploration programme will be deployed this summer at the Jonpol Gold property and its new expansion to advance the company’s understanding of the sizeable orogenic gold system at play in the region and identify additional potential gold deposits.
Dr. Gregg Morrison, a leading expert on intrusion-related, porphyry and epithermal gold systems, stated, “I believe Williams Brook is part of the same family of gold systems as Fosterville and Sunday Creek in Australia and Valentine Lake in Newfoundland. These other deposits are known for their structure-controlled mineralization, metal zoning, free gold in bonanza shoots and kilometre scale depth extent. The similarities to these more comprehensively explored deposits gives real confidence to deeper drilling in the Lynx Zone and continued exploration around the feeder structures in the Williams Brook District.’’
The 2024 summer programme at Jonpol aims to investigate and revisit gold showings found by previous operators using Puma’s proven exploration strategy. These gold occurrences are associated with mafic intrusions along and parallel to structures closely related to the Rocky Brook Millstream Fault a major orogenic structure trending ENE and known to host numerous gold occurrences and deposits.
Additionally, Puma has announced that historical grab samples from 36 years ago (1985-88), graded up to 17.1 g/t Au, 14.8 g/t Au, 10.6 g/t Au, 6.8 g/t Au, 5.1 g/t Au, and 3.4 g/t Au.
The company has not done any field work on those gold showings since the acquisition of the property in 2019.
To find out more, please visit www.explorationpuma.com
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