- Puma Exploration (PUMA) has uncovered a new 100 metre-long high-density quartz veining zone with visible gold at its Williams Brook Gold Project
- The discovery is the result of surface trenching and stripping programs at the project
- The project is located in an emerging new gold district in New Brunswick
- Trenching and stripping will continue moving with two excavators, two trucks and one bulldozer as long as the weather permits
- Puma Exploration is up 3.85 per cent, trading at $0.54 at 12:45 pm ET
Puma Exploration (PUMA) has uncovered a new 100 metre-long high-density quartz veining zone with visible gold at its Williams Brook Gold Project.
The discovery is the result of surface trenching and stripping programs at the project, which is located in an emerging new gold district in New Brunswick.
A large zone of quartz veins and veinlets has been found by the continuous program of trenching and stripping.
This new occurrence of numerous gold-bearing quartz veins coincides with a sudden change in the direction of the rhyolite/sediment contact as predicted by the company’s structural model.
As other similar flexures of the lithological contact are expected, trenching and stripping will continue moving NE along the OGT with two excavators, two trucks and one bulldozer as long as the weather permits.
“The discovery of this new significant high density quartz veining zone containing visible gold confirms that the exploration model of our technical team works perfectly. Actual stripping is widening this new gold-bearing quartz zone in preparation for intense sampling. The size, the abundance of quartz, the alteration and the visible gold makes this new occurence a premium drill target,” said President and CEO Marcel Robillard.
Vancouver-based Puma Exploration remains focused on precious and base metals projects in early to advanced stages located in the Famous Bathurst Mining Camp (BMC) in New Brunswick, Canada.
Puma Exploration is up 3.85 per cent, trading at $0.54 at 12:45 pm ET.
