RIMOUSKI, QUEBEC -- (Marketwire) -- 02/21/13 -- Puma Exploration (TSX VENTURE: PUM) is pleased to announce the results of a major core sampling program conducted at Turgeon Cu-Zn deposit, New Brunswick. Puma collected more than 2,200 samples from earlier exploration periods, a previous operators drilling from 1977 to 2000 and Puma's drilling initiatives from 2008 to 2011. The drill core was stored and available at the Madran Core shack in New Brunswick.
Using the new interpretation of the Turgeon Cu-Zn Deposit, the program was aimed to sample un-split core intervals showing disseminated copper and zinc mineralisation between high grade copper and zinc zones to confirm the continuity of the mineralisation from surface to approximately 300 meters deep. Table 1 shows the new composite intervals for Puma's drill holes. Then, the data was used to define the alteration pattern, the mineralization geometry and to generate drill targets at Turgeon Cu-Zn Deposit.
Highlights include:
-- Sampling of 0.54% Cu and 0.31% Zn over 300.9 meters in hole FT11-04;-- Increase of 12.5% in Copper grade in hole FT09-01 from 1.04% Cu to 1.17% Cu over 93.2 meters;-- New interval sampled in hole FT09-01 grading 1.12% Cu over 7.0 meters;-- New interval sampled in hole FT09-02 grading 0.87% Cu and 0.38% Zn over 4.1 meters;-- 220 samples with more than 0.1% Cu and 375 samples with more than 0.1% Zn;-- 15 new drill ready targets to increase potential copper and zinc mineralization at the deposit;-- 20 new drill ready targets to explore regional geophysical anomalies.
Table 1. Puma's holes drilled at Turgeon Cu-Zn Deposit from 2008-2011
---------------------------------------------------------------------------- CuHoles From To Long Cu Cu Prior Ag Zn Equ.(i) m m m % % g/t % %--------------------------------------------------------------------------------------------------------------------------------------------------------FT08-01 25.0 82.0 57.0 1.32 1.32 0.70 0.09 1.35FT08-01 31.0 62.0 31.0 2.37 2.37 1.11 0.07 2.40----------------------------------------------------------------------------FT08-02 91.0 108.0 17.0 0.09 0.09 18.74 0.03 0.33----------------------------------------------------------------------------FT08-03 1.0 95.0 94.0 0.49 0.49 1.26 1.36 0.87FT08-03 50.0 90.0 40.0 1.02 1.02 2.50 2.87 1.81----------------------------------------------------------------------------FT09-01 36.0 129.2 93.2 1.17 1.04 0.60 0.06 1.19FT09-01 46.3 108.5 62.2 1.64 1.51 0.79 0.05 1.66----------------------------------------------------------------------------FT09-02 3.0 105.3 102.3 0.51 0.46 1.48 0.33 0.61----------------------------------------------------------------------------FT09-03 6.0 28.6 22.6 0.55 0.51 1.44 0.52 0.70----------------------------------------------------------------------------FT10-01 6.0 307.5 301.5 0.38 0.38 1.32 0.25 0.47FT10-01 38.0 189.0 151.0 0.64 0.64 2.29 0.43 0.78FT10-01 38.0 64.0 26.0 2.45 2.45 1.28 0.07 2.48FT10-01 152.4 189.0 36.7 0.77 0.77 8.22 1.56 1.28----------------------------------------------------------------------------FT10-02 3.0 324.0 321.0 0.39 0.39 1.80 0.25 0.48FT10-02 102.0 324.0 222.0 0.56 0.56 2.60 0.36 0.69FT10-02 122.0 230.5 108.5 1.13 1.13 4.50 0.71 1.37----------------------------------------------------------------------------FT10-03 39.4 49.9 10.5 0.02 0.02 1.10 0.71 0.22----------------------------------------------------------------------------FT11-04 33.9 334.7 300.9 0.54 0.54 0.70 0.31 0.64FT11-04 33.0 114.0 81.0 1.16 1.16 0.90 0.77 1.37FT11-04 289.2 334.7 45.5 1.11 1.11 1.10 0.14 1.16----------------------------------------------------------------------------FT11-05 130.3 149.0 18.7 0.02 0.02 1.10 0.45 0.16----------------------------------------------------------------------------(i) Intervals reported are drilled thickness and may not represent true width.
