Click here to close now.

Welcome!

News Feed Item

Puma Discovers a New VMS System at Turgeon Copper-Zinc Project in New Brunswick

RIMOUSKI, QUEBEC -- (Marketwired) -- 04/29/14 -- Puma Exploration (TSX VENTURE: PUM) has discovered a new near-surface (100m deep) VMS system at its 100% Turgeon Copper-Zinc project in New Brunswick. These finds were recently generated by a 15 hole, 2017 meter drill program designed to target IP, EM and magnetic geophysical anomalies within 500 meters of the main deposits.

The new system discovered, named the Dragon Zone, is located only 200 meters south-west of the main Powerline and Zinc Zone deposits and occurs in an area that has received very limited drilling. Hole FT13-13 intersected four meters of massive sulphide grading 1.01% Cu and 0.78% Zn which is similar in grade to the massive sulphide zones intersected throughout the adjacent main deposits at Turgeon. This zone is interpreted to be the edge of an pervasive VMS system that occurs in the same volcanic unit that shows a significant zinc mineralization halo over a plus 100 meter intersection in drillhole FT13-12 with 0.16% Zn over 161 meters and drillhole FT13-15 with 0.11% Zinc over 114.9 meters.

Another area of interest is located 100 meters west of the new Dragon Zone and is currently defined by holes FT13-01, FT13-08 and FT13-10. It also displays significant zinc mineralization with 0.23% Zinc over 139.8 meters (FT13-01) and 0.20% Zinc over 52.1 meters (FT13-10). While extremely encouraging, the results are preliminary and this new zone will require additional drilling to fully test its potential and its location in the Turgeon volcanic pile.

Significant drill results from the recent Turgeon program are presented below in Table 1. A drillhole location map showing the various mineralized zones and the entire results of the program are available at www.pumaexploration.com

Table 1 : Significant drill results at Turgeon.


---------------------------------------------------------------------------
Hole                    From        To    Length       Ag       Cu       Zn
#                        (m)       (m)       (m)      ppm        %        %
---------------------------------------------------------------------------
---------------------------------------------------------------------------
FT13-01                 4.30    144.10    139.80      0.4     0.03     0.23
including               4.30      8.20      3.90      1.6     0.08     1.56
including              89.15     92.80      3.65      3.1     0.25     0.57
---------------------------------------------------------------------------
FT13-08                67.80    120.90     53.10      0.3     0.04     0.13
---------------------------------------------------------------------------
FT13-10                 8.30     60.40     52.10      0.2     0.02     0.20
---------------------------------------------------------------------------
FT13-12                 4.00    165.00    161.00      0.2     0.03     0.13
including              61.35     65.35      4.00      0.5     0.21     0.56
including             141.20    144.60      3.40      0.2     0.08     1.40
---------------------------------------------------------------------------
FT13-13                 3.00    172.50    169.50      0.3     0.05     0.12
including              37.40     41.80      4.40      4.0     0.52     0.66
including             151.00    155.00      4.00      0.6     1.01     0.79
---------------------------------------------------------------------------
FT13-15                 9.50    124.40    114.90      0.2     0.04     0.10
---------------------------------------------------------------------------

Marcel Robillard, President of Puma Exploration, commented : "The discovery of the new VMS system within several hundred meters of the main known deposits at Turgeon is considered to strongly validate our strategy at Turgeon and suggests there is potential for the discovery of additional zones within the 3 km long favourable geological corridor defined by the current program.

Commenting further on Puma's exploration in New Brunswick, Mr. Robillard added : "We are truly fortunate to have developed two outstanding properties in the Bathurst area. Puma's technical team is currently planning a 2014 work program for Turgeon to follow up and develop additional near-surface VMS style mineralization. The Turgeon property is located within a few kilometers of a deep water port and an Xstrata smelter which provide an unparalleled infrastructure advantage compared to similar projects around the world. Additionally, our large Nicholas-Denys copper-moly-silver porphyry and skarn project located nearby is also generating positive results. We currently await assay results from our recent drill program conducted in March and early April 2014 and which targeted specific geophysical anomalies within the main porphyry intrusion. The drill program on the porphyry was temporarily suspended due to spring melting conditions and will resume as soon as ground conditions are suitable."

About Puma Exploration

Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The Company's major assets are the Nicholas-Denys Project and Turgeon Copper Project in New Brunswick and the Little Stull Lake Gold Project in Manitoba. Puma is focusing now its exploration efforts in New Brunswick, Canada.

Learn more by clicking here: www.pumaexploration.com

The contents of this press release were prepared by Dominique Gagne a Qualified Person as defined in NI 43-101. The samples were analyzed at the ALS Chemex laboratory in Val d'Or using the atomic absorption and ICP methods. There is not enough drilling data presently available to determine the shape and true width of the mineralized zone. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Puma Exploration Inc. to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date the statements were made, except as required by law. Puma Exploration undertakes no obligation to publicly update or revise any forward-looking statements. These risks and uncertainties are described in the quarterly and annual reports and in the documents submitted to the securities administration.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Containers are revolutionizing the way we deploy and maintain our infrastructures, but monitoring and troubleshooting in a containerized environment can still be painful and impractical. Understanding even basic resource usage is difficult – let alone tracking network connections or malicious activity. In his session at DevOps Summit, Gianluca Borello, Sr. Software Engineer at Sysdig, will cover the current state of the art for container monitoring and visibility, including pros / cons and liv...
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, will explore the IoT cloud-based platform technologies drivi...
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
"The idea of polyglot persistence is you have to apply the right database for the job - you always have to have many different databases in play. We offer that whole system as a service," explained Raj Singh, Developer Advocate for IBM Cloud Data Services, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises ar...
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
SYS-CON Events announced today that Harbinger Systems will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Harbinger Systems is a global company providing software technology services. Since 1990, Harbinger has developed a strong customer base worldwide. Its customers include software product companies ranging from hi-tech start-ups in Silicon Valley to leading product companies in the US a...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations migh...
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of...
The enterprise market will drive IoT device adoption over the next five years. In his session at @ThingsExpo, John Greenough, an analyst at BI Intelligence, division of Business Insider, analyzed how companies will adopt IoT products and the associated cost of adopting those products. John Greenough is the lead analyst covering the Internet of Things for BI Intelligence- Business Insider’s paid research service. Numerous IoT companies have cited his analysis of the IoT. Prior to joining BI In...
"ciqada is a combined platform of hardware modules and server products that lets people take their existing devices or new devices and lets them be accessible over the Internet for their users," noted Geoff Engelstein of ciqada, a division of Mars International, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and hig...
Live Webinar with 451 Research Analyst Peter Christy. Join us on Wednesday July 22, 2015, at 10 am PT / 1 pm ET In a world where users are on the Internet and the applications are in the cloud, how do you maintain your historic SLA with your users? Peter Christy, Research Director, Networks at 451 Research, will discuss this new network paradigm, one in which there is no LAN and no WAN, and discuss what users and network administrators gain and give up when migrating to the agile world of clo...
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, it is now feasible to create a rich desktop and tuned mobile experience with a single codebase, without compromising performance or usability.
SYS-CON Media announced today that CloudBees, the Jenkins Enterprise company, has launched ad campaigns on SYS-CON's DevOps Journal. CloudBees' campaigns focus on the business value of Continuous Delivery and how it has been recognized as a game changer for IT and is now a top priority for organizations, and the best ways to optimize Jenkins to ensure your continuous integration environment is optimally configured.