Puma Exploration Discovers a New Copper Zone at Murray Brook

DISCOVERS A NEW COPPER ZONE AT MURRAY BROOK
Hole MB19-01 intersected 1.35% Cu over 26.4 meters

STRATEGIC LAND HOLDING ALONG THE CARIBOU HORIZON

Press Release PDF

Presentation April 2019

 

Puma Exploration controls 8800 ha in the Murray Brook Project included the Murray Brook Deposit, which is located 10 kilometers west of Caribou Mine and 10 kilometers east of Restigouche Deposit along the favorable Caribou Horizon

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This new Copper Stringers Zone has been followed over a distance of 180 meters at surface by four (4) holes of the January 2019 drilling program and by previous drillhole MB17-03.

Hole MB19-01 returned 26.4 meters grading 1.35% Cu, 19 g/t Ag and 0.18 g/t Au, including a 4.0 meters section of 2.24% Cu and 0.25 g/t Au. In addition, a number of other significant sulphide intercepts have been recorded along the western boundary with grades greater than 1% Cu over more than 20 meters

NEW DISCOVERY ZONE

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The geologists are currently working on the review of the available core from the 2011-2013 drill results and lithologies. The interpretation of this previous drilling program suggests that this Copper Stringers Zone extends from surface to at least a depth of 170 meters with an apparent thickness varying from 1.6 meters to 26.6 meters. These types of Copper Stringers adjacent to a massive sulphide deposit are common and to be expected. This leads to confidence in our understanding and potential for the Murray Brook Deposit and setting of drill targets

UNTESTED SIGNIFICANT MEGATEM TARGET
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About the Murray Brook Deposit

The Murray Brook Deposit (Mining Lease #252) covers an area of 484 hectares with a currently defined measured and indicated mineral resources of 5.28 million tonnes averaging 5.24% zinc, 1.80% lead, 0.46% copper, 68.9 g/t silver and 0.65 g/t gold. The core of this mineral resource occurs in the West Zone which is 200 meters wide, extending from surface to 300 meters vertical and the true thickness of the massive sulphide body varies from 75 meters to 100 meters. The East Zone (Copper-Gold) is 100 meters wide, also extending from surface to 300 vertical meters and is mainly mineralized with gold and copper. On February 20th 2017, a NI 43-101 report was accepted and filed on SEDAR.

.About the Murray Brook Project


The Murray Brook Project consists of three (3) distinct contiguous areas that covers 8,800 hectares and more than 18 kilometers of the favorable rocks that host the operating Caribou Mine (Trevali Mining Corp.), the Murray Brook Deposit and the past operating Restigouche Mine (Trevali Mining Corp.). From east to west, the Murray Brook Project comprises the Murray Brook East Property (4925), the Murray Brook Mining Lease (# 252) and the Murray Brook West Property (7846)

 

 

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