Puma Exploration is a Canadian mineral exploration company focused on discovering gold orebodies in Northern New Brunswick.

Puma Exploration

Puma Exploration | 2,375 followers on LinkedIn. Making the Next Significant Gold Discovery in Atlantic-Canada
En route vers la prochaine découverte aurifère majeure | Puma Exploration is a Canadian-based mineral exploration company focused on gold exploration in a new emerging gold camp in New Brunswick, Atlantic-Canada. The Company has developed and adopted a DEAR strategy (Development, Exploration, Acquisition and Royalties) to generate maximum value for shareholders.

Puma Exploration est une société canadienne d’exploration minière axée sur l’exploration aurifère dans un nouveau camp aurifère émergent au Nouveau-Brunswick.

Executive Chairman at Puma Exploration

Réjean Gosselin

Investor Relations and Corporate Communications Specialist

Mia Boiridy

Chef d'entreprise, Puma Exploration

Marcel Robillard

Puma Welcomes Kinross Gold as Strategic Investor to Explore and Develop the Williams Brook Project ⛏️ 🇨🇦 Puma Exploration is pleased to announce the execution on October 23, 2024 of a definitive option agreement with KG Exploration (Canada) Inc, a wholly-owned subsidiary of Kinross Gold Corporation (TSX: K, NYSE: KGC) with respect to the Williams Brook, Portage and Jonpol properties located in Northern New Brunswick, Canada. Under the terms of the Option Agreement, Kinross will have, subject to certain conditions, the option to earn a 65% interest in the Project by funding a minimum of $16,750,000 in exploration expenditures during a period of five years (including a firm commitment of $2,000,000 with at least 5,000 metres of drilling during the first 18 months). In connection with the Option Agreement, Kinross has also agreed to subscribe under a concurrent private placement for treasury common shares of the Company, representing approximately 9.9% of its issued and outstanding shares. Puma’s President and CEO Marcel Robillard stated, “We believe in the region’s potential to host Canada’s next major gold camp. I am delighted to welcome Kinross, the first major gold producer to establish a presence in New Brunswick. I look forward to working with its first-in-class exploration and development team to grow the region’s potential”. Most of the first $2M will be directed towards drilling (5,000 metres) and other identified targets on the Williams Brook property. The drilling program will continue to test and define the Lynx Gold Zone previously intersected by Puma (5.55 g/t Au over 50.15 m, 2.49 g/t Au over 63.05 m, 5.15 g/t Au over 23.15 m, 2.77 g/t Au over 42.80 m, 1.24 g/t Au over 98.05 m, 3.97 g/t Au over 22.10 m, 3.12 g/t Au over 35.35 m)”. He also emphasized the financial benefits of the agreement, “Within four years and with only $12.75 M of expenditures (as of May 31, 2024), Puma successfully defined a high-grade gold zone at the Williams Brook property, the Lynx Gold Zone that attracted a Tier One gold producer. With juniors still struggling despite gold’s all-time high price, this significant injection of cash over the next five years, especially Kinross’s firm commitment over the next 18 months, will significantly accelerate exploration and unlock the Project’s value. Kinross’ commitment represents a stamp of approval on Williams Brook’s potential, and having Puma as the operator speaks to Kinross’ confidence in the strength of our exploration team.” 📈TSXV: PUMA | OTCQB: PUMXF 📈 Kinross Gold Corporation #Mining #Newbrunswick #Gold #Exploration #goldmining See the full news release ➡️ https://lnkd.in/gv2sVyRU

Puma Closes the Option Agreement and $1M Private Placement with Kinross Gold ⛏️🇨🇦 We are pleased to announce that we have closed our Option Agreement for the Williams Brook, Portage and Jonpol properties announced on October 24, 2024 including a non-brokered private placement for $1,011,473.47 with Kinross Gold Corporation (TSX: K, NYSE: KGC). In connection with the Option Agreement, Kinross subscribed to 16,857,891 common shares of the Company at a price of $0.06. Kinross now holds approximately 9.9% of Puma's issued and outstanding shares. Puma and Kinross have also executed an investor rights agreement, pursuant to which, among other things, Kinross will be granted the right to participate in future equity financings in order to maintain its ownership percentage in the Company or acquire up to 19.9% of the total of common shares of the Company issued and outstanding after issuance of new securities. The Private Placement was negotiated at arms’ length with no associated finder’s fees. All securities issued under the Offering will have a statutory hold period of four months and one day. The net proceeds of the Offering will be used by the Company to explore its other projects and for general corporate and working capital purposes. The Company expects to release news regarding its short to medium-term strategy for its other 100% held properties in the coming weeks. 📈TSXV: PUMA | OTCQB: PUMXF 📈 Kinross Gold Corporation #Mining #Newbrunswick #Gold #Exploration #goldmining See the full news release ➡️ https://lnkd.in/gvT5stqj

Puma has accumulated an impressive portfolio of prospective gold landholdings in Northern New Brunswick – the Williams Brook, JonPol, Portage, TIMM and Jacquet River properties. They are all located near the Rocky Brook Millstream Fault, a major regional structure formed during the Appalachian Orogeny and a significant control for gold deposition in the region. Puma’s work to date has focused on the Williams Brook property, but prospecting and surface exploration work on the other properties have confirmed their potential for significant gold mineralization. Puma retains its 100% interest in the TIMM and Jacquet River properties and will continue to advance their development. 📈TSXV: PUMA | OTCQB: PUMXF 📈 #Mining #Newbrunswick #Gold #Exploration #goldmining Learn more ➡️ https://lnkd.in/g8m5KCyn

Puma Exploration Accelerates Acquisition of Claims at Williams Brook 🇨🇦⛏️ We are please to report that we have satisfied, ahead of schedule, the requirements for our purchase of 100% interest in 341 claims announced on March 1, 2022. The Claims cover the Panthera Gold Zone and the newly discovered Lion Gold Zone. To complete our acquisition of 100% interest in the Claims, Puma had an obligation to issue the Vendor 250,000 common shares of the Company and a C$50,000 cash payment on or before February 2025. This agreement, amongst others, negotiated by Puma to extend its property, was the last to be fully executed. The 100%-owned Williams Brook Gold Project includes the Williams Brook, Portage and Jonpol properties. Corporate Update Following the nomination of Martin Nicoletti as CFO of Puma Exploration, the Company is pleased to announce that Ms. Kayla Nicoletti has been appointed Corporate Secretary. Ms. Nicoletti has over 12 years of experience working with public companies in the mining sector, ensuring their efficient administration and their adherence to compliance requirements. Kayla succeeds Ms. Karolyn Bouchard-Gagné, who left Puma to pursue other opportunities. We want to thank Ms. Bouchard-Gagné her contributions over the last 5 years and wish her good luck in her new endeavours. 🔹TSXV: PUMA | OTCQB: PUMXF 🔹 #gold #mining #exploration #newbrunswick #investing #goldmining See the full news release ➡️ https://lnkd.in/gFcv6PhQ

Learn about our newly discovered Lion Gold Zone ⛏️ The ongoing surface exploration program in 2024 uncovered several large quartz outcrops and subcrops in an area that was never explored before, 4 km along strike away from the Jaguar Gold Zone. This gold trend-oriented NE parallels the Lynx Gold Trend, which extends more than 10 km between the Lynx and Panthera gold zones. The new gold zone, the Lion Gold Zone, is closely associated with a major fault, the McCormack Brook Fault. Prospection uncovered altered sediment and rhyolite with mineralized quartz veins similar to the mineralization found at the LGZ. An initial ten (10) samples were collected with assay highlights of 72 g/t Au, 2.61 g/t Au, 0.13 g/t Au and 0.07 g/t Au. The 72 g/t gold sample is composed of quartz, oxidized sulphides and fragments of altered rhyolite. 🔹TSXV: PUMA | OTCQB: PUMXF 🔹 #gold #mining #exploration #newbrunswick #investing #goldmining Learn more ➡️ https://lnkd.in/g3JdhSZg

Puma is currently focused on developing the Lynx Gold Zone, but another 3 gold zones were identified in 2022, kilometres away from the LGZ – the Jaguar, Cougar and Panthera Gold Zones. These areas have only been surface sampled, but preliminary high-grade gold results warrant further exploration. 🔹TSXV: PUMA | OTCQB: PUMXF 🔹 #gold #mining #exploration #newbrunswick #investing #goldmining Learn more ➡️ https://lnkd.in/gnbZWMQa

Puma Exploration Announces Appointment of New Chief Financial Officer ⛏️ Puma Exploration announces that it has hired SKTM Financial Corporation Ltd. to provide corporate finance, accounting, and administrative support, and is pleased to announce the appointment of Mr. Martin Nicoletti, CPA as Chief Financial Officer effective immediately. Mr. Nicoletti is a certified public accountant with 35 years of experience managing public companies, advising on capital market transactions, and providing financial stewardship. As President of Montreal-based SKTM Financial Corporation Ltd., he brings a proven track record of strategic financial consulting, accounting, auditing and financial compliance services to his clients. He is currently the CFO of several publicly listed mining and mineral exploration companies. Mr. Nicoletti graduated with a Bachelor of Business Administration (Option Accounting) from the Université du Quebec in Trois-Rivières. Marcel Robillard, Puma’s President and CEO, stated, “I am very pleased to welcome Martin to Puma. He brings a wealth of experience in all aspects of a junior resource company operations that will be instrumental as we continue to develop our Williams Brook Gold Project and our assets in northern New Brunswick. We'll miss Ginette, who has been with the Company since 2003. I wish her well in her retirement. Martin’s firm, SKTM, is taking over all accounting responsibilities and the transition is expected to go smoothly.” 🔹TSXV: PUMA | OTCQB: PUMXF 🔹 #gold #mining #exploration #newbrunswick #investing #goldmining See the full news release ➡️ https://lnkd.in/gxYamMdP

Puma Exploration Closes the Sale of the Chester Project ⛏️ Puma Exploration announces the closing of the sale of the Chester Project to Raptor Resources Ltd. and certain amendments to the terms of the previously announced transactions. The cash and share components for the sale of the Chester Project remained unchanged, and Puma is pleased to report that Raptor has satisfied the conditions of the sale with its payment of AUD $500,000 and 4,000,000 Raptor shares. Marcel Robillard, President and CEO of Puma, commented. “We appreciate Raptor’s continued efforts to close its acquisition of the Chester Project. The AUD $500,000 payment to Puma represents a substantial non-dilutive injection of cash that allows us to continue to develop our Williams Brook Gold Project and increase shareholder value. This transaction showcases Puma’s innovative D.E.A.R. corporate strategy that has been successful time and again with property acquisitions, sales, and out-of-the-box thinking to generate added value for shareholders. This is especially critical now, at a time when markets, despite record-high commodity processes, are not supporting junior explorers.” 🔹TSXV: PUMA | OTCQB: PUMXF 🔹 #gold #mining #exploration #newbrunswick #investing #goldmining See the full news release ➡️ https://lnkd.in/gNsKsrgV

Williams Brook Gold Project ⛏️ Puma’s flagship Williams Brook Gold Project covers more than 49,000 ha of prospective gold landholdings in Northern New Brunswick, an established and mining-friendly jurisdiction near paved roads and with excellent infrastructure nearby. The nearby towns of St-Quentin and Bathurst have a history of forestry and mining. The local communities support the industry and host a skilled labour force. The land package is located near the Rocky Brook Millstream Fault (“RBMF”), a major regional structure formed during the Appalachian Orogeny and a significant control for gold deposition in the region. Since 2021, and with less than C$12.5M of exploration investment, Puma made several significant gold discoveries at the Williams Brook property – the Lynx, Tiger, Cheetah, Cougar, Jaguar, and Panthera Gold Zones, with gold mineralization hosted in quartz veins at surface. The Lynx Gold Zone and its 4 km extension to the Cheetah Gold Zone remains the company’s focus. A large orogenic system is likely at Williams Brook. Puma is engaged in a multiyear focused exploration program to unlock value and develop Atlantic Canada’s newest gold camp. 🔹TSXV: PUMA | OTCQB: PUMXF 🔹 #gold #mining #exploration #newbrunswick #investing #goldmining Learn more ➡️ https://lnkd.in/gnbZWMQa

About Puma Exploration ⛏️ Puma Exploration is a Canadian-based mineral exploration company with precious metals projects in New Brunswick, near Canada's Famous Bathurst Mining Camp. Puma has a long history in Northern New Brunswick, having worked on regional projects for over 15 years. As a first mover, the Company quickly and strategically accumulated an impressive portfolio of prospective gold landholdings in the area. Puma’s successful exploration methodology combines old prospecting methods with detailed trenching and up-to-date technology such as Artificial Intelligence to facilitate an understanding of the geology and associated mineralized systems. Armed with geophysical surveys, geochemical data and consultants’ expertise, Puma has developed a perfect low-cost exploration tool to discover gold at shallow depths and maximize drilling results. 🔹TSXV: PUMA | OTCQB: PUMXF 🔹 #gold #mining #exploration #newbrunswick #investing #goldmining Learn more about us ➡️ https://lnkd.in/g8m5KCyn

Puma Exploration Inc., a junior mining exploration company, acquires, explores for, and develops mining properties in Canada. The company explores for gold, silver, and copper deposits. Its flagship project is the Williams Brook Gold project covering an area of approximately 20,662 hectares located in New Brunswick. The company is headquartered in Rimouski, Canada.

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COM:EXPLORATIONPUMA

Puma Exploration

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9.93M

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