Puma Exploration starts drilling program at Murray Brook Deposit
PRESS RELEASE For imm ediate dissemination
Puma Exploration starts drilling program at Murray Brook Deposit
Rimouski, August 23 rd , 2017 – Puma Exploration Inc. (the “Company” or “Puma”) has begun its first
drilling program at the Murray Brook Deposit. The first hole is underway and is collared to test the depth
extension of the massive sulphide deposit located a t surface and extending, continuously to 300 meters
vertical.
Two (2) other holes are planned to verify the shall ower copper mineralization intersected in the south western
part of the deposit. The copper zone is open along strike and lies within the first 100 meters from su rface. The
targets consist of a combined airborne MEGATEM anom aly and a surface chargeability IP anomaly which
have never been drilled.
“We are most excited to launch our own drilling program at the Murray Brook Deposit as it is the first drilling
program conducted on this mining lease property sin ce 2013” notes Marcel Robillard, President and CEO of
Puma Exploration. The current drilling program begu n, as planned, following the completion of phase I of the
trenching operation completed on the Murray Brook East property.
Murray Brook East (4925)
The Murray Brook East property (4925) consists of 2 45 claims (5326 hectares) located between the Murra y
Brook Mining Lease (#255) and the Caribou Mining Le ase (# 246). Its eastern boundary is located only f our
kilometers west of the producing Caribou Mine owned and operated by Trevali Mining Corp.
An extensive trenching program began on the Murray Brook East property at the beginning of June to ver ify
the targets defined by Puma’s geologists from the d ata collected by the previous operators which inclu ded
geophysical surveys (HeliTEM, Magnetic, Gravity) and geochemical surveys (1,853 soil samples). A previ ous
10 short holes drilling program along the 7 km favorable was conducted in 1956.
Trenching (Phase I)
Puma has completed a trenching program (Phase I) at Murray Brook East property, which consisted of a t otal
of 38 trenches on a 3.8 km length. Some 127 samples were collected and will be analyzed for metals and
whole rock geochemistry. The main objective of this preliminary program was to delineate and describe the
contact between felsic volcanic and the sediments s imilar to the favorable horizon hosting the Murray Brook
Deposit before proceeding with a drilling program.
Disseminated sulphides to massive sulphide veins we re observed over a large gravity anomaly located at the
contact between the sediments and the felsic volcan ic in the northern boundary of the property. Other
mineralized rock was observed mostly around two oth er gravity anomalies. In many locations, the black shale
(sediments) observed were faulted and/or folded loc ally. This observation is important for the next dr illing
campaign planned to start in October and these areas will be the first priority targets.
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Murray Brook Deposit
The underground sulphide mineral resource estimate of the Murray Brook Deposit comprises measured and
indicated mineral resources totalling 5.28 million tonnes averaging 5.24 per cent zinc, 1 .80 per cent lead,
0.46 per cent copper, 68.9 grams per tonne silver a nd 0.65 g/t gold. It contains 610 million pounds of
zinc, 209 million pounds of lead, 54 million pounds of copper, 11.7 million ounces of silver and 111,0 00
ounces of gold at a $85 per-tonne NSR (net-smelter- return) cut-off in the sulphide measured and
indicated categories . On February 20 th 2017, the NI 43-101 report was accepted and filed on SEDAR.
Puma is actually updating the PEA on the Murray Bro ok Deposit. Various economic and development
scenarios is currently studied from a large open pit to a high grade zinc underground operation.
About the Murray Brook Project
The Murray Brook Project consists of three (3) distinct contiguous areas that cover more than 18 kilometers of
the favorable rock hosting the operating Caribou Mi ne (Trevali Mining Corp.), the Murray Brook Deposit and
the past operating Restigouche Mine (Trevali Mining Corp.). From east to west, they are the Murray Bro ok
East Property (4925), the Murray Brook Mining Lease (# 252) and the Murray Brook West Property (7846).
The Murray Brook East and Murray Brook West Propert ies have been subject to various degrees of
exploration and share the same potential of increas ing the mineral resources defined at the Murray Bro ok
Deposit.
About Puma Exploration Inc.
Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals
projects in Canada. The Company's major assets are an option to acquire 100% per-cent beneficial inter est in
the Murray Brook Property, the Turgeon Zinc-Copper Project and the Nicholas-Denys Project located in N ew
Brunswick as well as an equity interest in BWR Reso urces. Puma’s objective for the coming year is to f ocus
its exploration efforts in New Brunswick.
You can visit us on Facebook and Twitter.
Learn more by consulting www.pumaexploration.com for further information on Puma Exploration Inc.
Marcel Robillard, President
(418) 724-0901
The contents of this press release were prepared by Marcel Robillard, P.Geo., a Qualified Person as de fined in
NI 43-101. Neither TSX Venture Exchange nor its Reg ulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-
looking statements involve a number of known and un known risks, uncertainties and other factors which may
cause the actual results, performance or achievements of Puma Exploration Inc. to be materially different from
actual future results and achievements expressed or implied by such forward-looking statements. Reader s are
cautioned not to place undue reliance on these forw ard-looking statements which speak only as of the d ate the
statements were made, except as required by law. Pu ma Exploration undertakes no obligation to publicly
update or revise any forward-looking statements. Th ese risks and uncertainties are described in the qu arterly
and annual reports and in the documents submitted to the securities administration.