Canadian Business reported that 2 holes drilled by Puma Exploration have intersected persistent copper zinc mineralization over a thickness of more than 30 meters on the Turgeon deposit in New Brunswick. The first drillhole intersected 2.4% Cu over an apparent thickness of 31 meters, starting at a depth of about 30 meters. The second hole in the mineralization intersected a zone of massive sulphides 40 meters thick, grading 1.0% Cu and 2.9% Zn.
The 4 drillholes were located on the main lens, with the aim of characterizing the mineralization present as well as the host rocks in order to define a metallogenic model for further exploration. The mineralization intersected in drillhole F08-01 consists primarily of veins and veinlets of massive chalcopyrite located in chloritized basalt, while drillhole F08-03 intersected 40 meters of massive sulphide, mainly composed of pyrite, sphalerite, chalcopyrite and magnetite. Moreover, the host rocks observed in drillholes F08-02 and F08-04 consist mainly of basalt and andesite confirming that this is indeed a volcanogenic massive sulphide deposit.
Following a compilation and interpretation of previous work and in light of the new drilling results; Puma has staked 30 new claims covering an additional area of 650 ha in the southern extension of the property. These new claims were positioned to cover several untested geophysical anomalies located in the same geologic unit, and having the same geophysical signature as the known deposits.
The samples were analyzed at the ALS Chemex laboratory in Val d'Or using the atomic absorption and ICP methods. The contents of this press release were prepared by Geologist Mr Marcel Robillard a Qualified Person as defined in NI 43-101. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
