Puma Exploration Reports High-Grade Results from Sampling at the Lion Gold Zone
News Release
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Puma Exploration Reports High-Grade
Results from Sampling at the Lion Gold Zone
Rimouski, Québec - August 7, 2025 – Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the
“Company” or “Puma”) is pleased to announce additional high-grade grab samples at the Lion Gold
Zone (“LiGZ”) including 55.70 g/t Au, 54.50 g/t Au, 15.30 g/t Au and 12.70 g/t Au* from the
ongoing 2025 exploration program at the Williams Brook Project in Northern New Brunswick. (*The
reader is cautioned that grab samples are selective by nature and may not represent the true metal
content of the mineralized zone.)
These latest results highlight the potential of the LiGZ that was discovered through prospecting and
trenching in 2024. An area that spans 400 m along strike and 10 to 25 m in width has now been stripped
(Figure 1). The 2025 exploration program uncovered several altered and brecciated gold -mineralized
quartz veins, up to 2 metres in width, and numerous veinlets. A total of 390 samples were collected in
2024 (250) and 2025 (140), with 35% returning grades above 0.1 g/t Au. Samples collected in 2025 with
results above 5 g/t Au are highlighted on Figures 1 and 2. The zone remains open in all directions.
Figure 1. 2025 stripping and previous results at the Lion Gold Zone
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Marcel Robillard, president and CEO, noted: ‘ ’These exploration results at Lion are reminiscent of the
2020 preliminary sampling at Lynx, where subsequently impressive gold mineralization was intercepted
by drilling at depth. Our sampling to date has confirmed a 400 m strike extension. These early exploration
results at Lion continue to highlight the scale and continuity of mineralization at Williams Brook. There is
significant potential for more discoveries on the property, and we continue to work diligently to unlock its
full potential.”
The recently stripped area will be cleaned to allow for detailed mapping and channel sampling in
preparation for further detailed surveys and eventual drilling. A drone magnetic survey was also flown
over the stripped area and extended to 8 kilometres along strike to map the potential extension of the
zone to the east.
Figure 2. Sampling at the newly stripped area of the Lion Gold Zone
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LION GOLD ZONE
The Lion Gold Zone (‘’LIGZ’’), discovered in 2024, is closely associated with a major regional structure,
the McCormack Brook Fault and a mafic intrusive unit. The LiGZ is part of a mineralized structure located
about 10km north of the Lynx Gold Zone and shares the same geological characteristics. Gold
mineralization is found in brecciated quartz veins heavily altered by sericite and limonite and closely
associated with an altered mafic intrusive/dike that separates the altered sediments from the fault (Image
1). The area remains wide open as the McCormack Brook Fault is mapped for at least 30 kilometres.
Image 1. Photos of typical high-grade gold quartz veins
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WILLIAMS BROOK 2025 EXPLORATION PROGRAM UPDATE
• 3,500 metres of drilling are underway at the Lynx Gold Zone;
• 2,135 km of drone magnetic geophysical surveys were completed;
• Five (5) trenches for 299 m were completed at the Cheetah Gold Zone (“CHGZ”). The CHGZ was
discovered in 2023, 3 km along strike of the Tiger Gold Zone, where initial trenching returned 6.69
g/t Au*. Highlights of the 2025 sampling include 4.60 g/t Au* in a newly discovered area. (*The
reader is cautioned that grab samples are selective by nature and may not represent the true metal
content of the mineralized zone.);
• Eleven (11) trenches for 796 metres were completed at Target 2;
• Channel sampling was completed at the Lynx Gold Zone with over 400 samples collected.
Figure 3. Location of the main 2025 exploration activities at WB
Qualified Person
The scientific and technical content of this press release has been prepared, reviewed, and approved by
Mr. Dominique Gagné, P. G e o., Vice President of Exploration, who is a “Qualified Person” as defined by
National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
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On-site quality assurance/quality control (QA/QC) measures
Grab samples are bagged, sealed and sent to ALS CHEMEX in Moncton, New Brunswick, where each
sample is crushed and pulped before being fire-assayed (Au-ICP21). The remaining coarse reject
portions of the samples remain in storage for further work or verification as needed. As part of its QA/QC
program, the Company inserts external gold standards (low to high grade) and blanks every 20 samples
in addition to standards, blanks, and duplicates. All samples over 10 g/t gold are analyzed with a gravity
finish (Au-GRA22). Check assays are routinely performed for samples with visible gold to ascertain the
gold content of the mineralization zone.
About the Williams Brook Project
The Williams Brook Project (40,225 ha), optioned to Kinross Gold Corp ( see October 24, 2024 News
Release), comprises the Williams Brook Property, the Jonpol Property and the Portage Property. To earn a
65% interest in the project, Kinross can finance a minimum of $16.75 million in exploration expenditures
over the next five years (including a firm commitment of $2 million with at least 5,000 metres of drilling in
the first 18 months).
About Puma’s Assets in New Brunswick
Puma has accumulated an impressive portfolio of prospective gold landholdings strategically located
close to roads and infrastructure in Northern New Brunswick , including the Williams Brook Project and
the new McKenzie Gold Project. Both are located near the Rocky Brook Millstream Fault (“RBMF”), a
major regional structure formed during the Appalachian Orogeny and a significant control for gold
deposition in the region. Puma’s work to date has focused on the Williams Brook property, but
prospecting and surface exploration work on its other properties have confirmed their potential for
significant gold mineralization.
About Puma Exploration
Puma Exploration is a Canadian mineral exploration company focused on identifying and developing a
pipeline of precious metals projects in New Brunswick, near Canada's Renowned Bathurst Mining Camp.
Puma has a long history in Northern New Brunswick, having worked on regional projects for over 15
years. Puma’s successful exploration methodology, which combines traditional prospecting methods with
detailed trenching and cutting-edge technologies such as Artificial Intelligence, has been instrumental in
facilitating an understanding of the region's geology and associated mineralized systems . Armed with
geophysical surveys, geochemical data, and consultants’ expertise, Puma has developed a cost-effective
exploration tool to discover gold at shallow depths and maximize drilling results.
Connect with us on Facebook, X, or LinkedIn.
Visit www.explorationpuma.com for more information or contact:
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Marcel Robillard, President and CEO.
(418) 750-8510; [email protected]
Mia Boiridy, Head of Investor Relations and Corporate Development.
(250) 575-3305; [email protected]
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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 several known and unknown risks, uncertainties, and other factors that may cause the actual results,
performance, or achievements of Puma to differ materially from those 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 undertakes no obligation to publicly update or
revise any forward-looking statements. The quarterly and annual reports and the documents submitted to the securities
administration describe these risks and uncertainties.