Puma Exploration is pleased to announce that it completed its transactions with NB Gold and Comet Lithium on Jan 16, 2025 for the McKenzie Gold Project as described in the Nov 18, 2024 and Dec 23, 2024 news releases. The McKenzie Gold Project, strategically located only 7 km west of Puma's flagship Williams Brook Gold Project, shares many of its characteristics and hosts several high-grade gold occurrences on the [...]
Puma Exploration is pleased to announce the results from its inaugural surface exploration and trenching program at the McKenzie Gold Project. The program uncovered a quartz vein, the RIM gold vein that yielded very high-grade gold samples with standout results of 601.33 g/t, 251.61 g/t, 110.62 g/t, 103.23 g/t, 103.44 g/t, 62.44 g/t, and 56.68 g/t gold* along 25 m. *The reader is cautioned that grab samples are selective [...]
Puma Exploration is pleased to review its corporate and exploration achievements for 2024 and provide an overview of its plans for 2025. "2024 was a transformational year for Puma Exploration. Our DEAR strategy proved to be our differentiator in the challenging market conditions where junior exploration companies struggle to access capital. Our unique strategy is positioning us for success in 2025 and beyond. Our [...]
Puma Exploration announces that it has closed a non-brokered placement consisting of 6,685,000 flow-through units at $0.10 per FT Unit for gross proceeds of C$668,500. Each FT Unit comprises one flow-through share and one common share purchase warrant. Each Warrant is exercisable to purchase one common share of the Company at $0.15 per share valid for 24 months. The Warrants are subject to an acceleration clause that [...]
Puma Exploration is pleased to announce the execution of definitive agreements with NB Gold Inc. and Comet Lithium on Dec 23, 2024 to acquire the McKenzie Gold Project as described previously on Nov 18, 2024. On the heels of its Williams Brook Project Option agreement with Kinross Gold, Puma aimed to secure and gain control over a second large and highly prospective mining exploration project. The Mackenzie Gold Project [...]
Puma Exploration is pleased to announce that its summer exploration program at the Williams Brook Project has successfully confirmed and extended the Lion Gold Zone to a 550-metres strike length with the sampling of 35.40 g/t gold, 26.00 g/t gold, 12.85 g/t gold, 8.97 g/t gold, 8.91 g/t gold, 6.35 g/t gold and 5.18 g/t gold* in newly trenched quartz veins. Figure 1. Williams Brook Project main gold zones *The reader is [...]
Puma Exploration is pleased to announce the execution, on Oct 24, 2024 of non-binding letters of intent with NB Gold Inc. and Comet Lithium to secure and gain control over a new large and highly prospective mining exploration project where several high-grade gold occurrences grading as high as 1,315 g/t Au were identified. The new McKenzie Gold Project straddles the McKenzie Fault, a major structural feature associated [...]
Puma Exploration is pleased to announce that it has closed its Option Agreement for the Williams Brook, Portage and Jonpol properties announced on Oct 24, 2024 including a non-brokered private placement for $1,011,473.47 with Kinross Gold. 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 [...]
Puma Exploration is pleased to announce the execution on October 23, 2024 of a definitive option agreement with KG Exploration Inc., a wholly-owned subsidiary of Kinross Gold Corp. with respect to the Williams Brook, Portage and Jonpol properties. Puma's land holdings in Northern New Brunswick Under the terms of the Option Agreement, Kinross will have, subject to certain conditions, the option to earn a 65% interest in [...]
Puma Exploration reports that it has satisfied, ahead of schedule, the requirements for its 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 its 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 [...]
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 [...]
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. Considering the [...]