Puma Exploration to begin Summer Exploration Program at Murray Brook Project
PRESS RELEASE For imm ediate dissemination
Puma Exploration to begin Summer Exploration Program at Murray Brook Project
Rimouski, May 10 th , 2017 – Puma Exploration Inc. (the “Company” or “P uma”) is to begin its initial
Exploration Program on the Murray Brook Project loc ated in the famous Bathurst mining camp of northern
New Brunswick, Canada. Puma has received all necessary permits to proceed with the projected work program
which includes a first phase reconnaissance operation followed by trenching, stripping and drilling operations.
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 Corporation), the Murray Brook
Deposit and the past operating Restigouche Mine. Fr om east to west, they are the Murray Brook East Pro perty
(4925), The Murray Brook Mining Lease (# 252) and the newly acquired Murray Brook West Property (7846).
These areas have been subject to various degrees of exploration work but share the same potential to i ncrease
the mineral resources defined at the Murray Brook Deposit.
Murray Brook East (4925)
The Murray Brook East Property (4925) consists of 2 45 claims (5326 Hectares). Its eastern boundary is
contiguous to the Caribou Mining Lease (# 246) and is located only four kilometres west of the produci ng
Caribou mine owned and operated by Trevali Mining C orp. The previous operators of the Murray Brook
Property conducted extensive preliminary exploratio n work from 2012 to 2015 which included geophysical
surveys (Magnetic-Electromagnetic-Gravity) and geoc hemical surveys (soils) to bring the property to dr ill-
ready targets. The surveys identified 5 first prior ity targets to be explored. The previous drilling o peration
along the 7 km long favorable horizon was conducted in 1956 and included only 10 short holes.
Murray Brook Mining Lease (# 252)
The Murray Brook Mining Lease is located in the cen ter of the area of interest and hosts the Murray Br ook
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 and 0.65 g/t gold. It contains 610 mi llion
pounds of zinc, 209 million pounds of lead, 54 million pounds of copper, 11.7 million ounces of silver and
111,000 ounces of gold at an $85 per-tonne net-smel ter-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.
After reviewing the current drill hole database, Pu ma’s geologists have defined first priority targets to verify
the extension of the deposit along strike and also at depth. An EM survey defined 2 geophysical anomal ies to
be tested as well. On the south-west side of the de posit, a previous hole drilled in 2012 intersected 5.26% cu
over 9.75 meters at the outer edge of the deposit and is open to the south.
Murray Brook West (7846)
The Murray Brook West Property recently acquired by map staking contains 86 claims (1,870 Hectares). I t is
located west and contiguous to the Murray Brook Dep osit Mining lease toward the past operating Restigouche
Mine over a strike length of six (6) kilometers. It covers drill-ready targets contained within a simi lar
geological setting as the one of the Murray Brook D eposit. Puma’s geologists are currently compiling the data
to prioritize those surface targets.
PUM TSXV
explorationpuma.com
Preliminary Economic Assessment (PEA)
Concurrent with the field work program, Puma is wor king on an updated preliminary economic assessment
(PEA) on its Murray Brook Deposit. The updated PEA will assess the best means of extracting mineraliza tion
and will place a capital expenditure figure on the project. Different mining scenarios are possible at Murray
Brook, as the deposit starts at surface and goes at depth to 300 meters, and the higher grade sulphide zone is
located between 200-300 meters deep.
Puma’s engineer is proceeding with the review and t he evaluation of different metallurgy reports previ ously
done on the Murray Brook Deposit to define the best flowsheet to be applied at the Murray Brook Deposi t in
order to enhance the recovery of polymetallic sulph ide mineralization but also to evaluate the potenti al Cu-
Rich oxide zone located at the top of the deposit w hich should improve the economics of the entire in situ
mineralization.
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 the 100% per-cent beneficial interest in the Murray Brook
Property, the Turgeon Zinc-Copper Project, the Nich olas-Denys Project in New Brunswick and an equity
interest in Black Widow Resources related to the Little Stull Lake Gold Project in Manitoba. Puma’s objective
for the coming year is to focus its exploration efforts in New Brunswick.
You can visit us on Facebook and Twitter.
Learn more by consulting www.explorationpuma.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.