Puma Exploration samples 6.5% Copper at Turgeon Cu-Zn Project in New Brunswick
18 12월 2013 - 4:12AM
Marketwired
Puma Exploration samples 6.5% Copper at Turgeon Cu-Zn Project in
New Brunswick
RIMOUSKI, QUEBEC--(Marketwired - Dec 17, 2013) - Puma
Exploration (TSX-VENTURE:PUM) is pleased to announce trench
sampling results from the Turgeon Cu-Zn Project in New Brunswick,
Canada including a grab sample grading 6.5% Copper and 9.2 g/t Ag.
The Turgeon East zone was identified in 2012, by prospecting a
CARDS target defined by Diagnos, with the discovery of grab samples
grading up to 6.92% approximately 4.0 kilometers south of the
Powerline Cu-Zn Deposit (See Press Release 2013-02-26). A follow-up
trenching and stripping program was recently undertaken to define
the size and shape of last year's Turgeon East discovery.
The recent stripping program uncovered a quartz vein ranging
from 2 to 6 meters wide over a 60-meter strike length containing
chalcopyrite and pyrite in a silicified gabbro. Seventeen (17)
selected samples were collected along the vein at a regular
interval of 5 meters and displayed good high grade copper
continuity over 60 meters with 11 of the collected samples grading
more than 1% Copper. The zone is open at both directions along
strike and additional work is scheduled for the summer of 2014 in
order to expand and explore the Turgeon East discovery.
Table 1: Selected grab samples collected in the Turgeon East
Trench
Sample No |
Cu (%) |
Ag (g/t) |
M045918 |
6.5 |
4.4 |
M045908 |
5.8 |
9.2 |
M045917 |
3.8 |
2.7 |
M045924 |
3.5 |
7.2 |
M045914 |
3.3 |
2.8 |
M045913 |
2.5 |
1.6 |
M045922 |
2.0 |
4.4 |
M045920 |
1.9 |
5.1 |
M045909 |
1.5 |
1.7 |
M045919 |
1.4 |
2.1 |
M045916 |
1.1 |
2.1 |
M045912 |
0.8 |
1.1 |
M045915 |
0.5 |
1.2 |
M045910 |
0.5 |
1.1 |
Samples sorted by Copper Grade
The new Turgeon East copper showing is located within the
Fournier Group which also hosts the Powerline Cu-Zn Deposit. The
Powerline Cu-Zn Deposit showed significant copper and zinc
mineralization in drillhole FT09-01 grading 1.17% Cu and 0.06% Zn
over 93.2 meters and in drillhole FT10-02 grading 1.13% Cu and
0.71% Zn over 108.5 meters (see Press Release 21-02-2013).
''The discovery of a new Copper showing at Turgeon East in the
same geological setting and only 4 kilometers away from the
Powerline Cu-Zn Deposit is very encouraging for finding more Cu-Zn
satellite deposits related to the same VMS system and we are very
excited to launch a new drilling program at Turgeon", notes Marcel
Robillard, President of Puma Exploration.
Puma also announces that it has just started a 12-hole, 1,500 m
drill program within 1 km of the Powerline Cu-Zn Deposit. The drill
targets were defined by IP, EM and Mag geophysical surveys and are
based on a new geological model. The objective of the current
drilling program is to discover new deposits near surface similar
to already defined at Turgeon.
About Puma Exploration
Puma Exploration is a Canadian mineral exploration company with
advanced precious and base metals projects in Canada. The Company's
major assets are the Nicholas-Denys and Turgeon Projects in New
Brunswick and the Little Stull Lake Gold Project in Manitoba. Puma
is focusing its exploration efforts in New Brunswick, Canada, which
has been ranked fourth in the world to conduct mining exploration
by the 2013 Fraser Institute Survey.
Learn more by clicking here: www.pumaexploration.com
The contents of this press release were prepared by Dominique
Gagné. a Qualified Person as defined in NI 43-101. The samples were
analyzed at the ALS Chemex laboratory in Val d'Or using the atomic
absorption and ICP methods. There is not enough drilling data
presently available to determine the shape and true width of the
mineralized zone. Neither TSX Venture Exchange nor its Regulation
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.
Forward-Looking Statements: This press release may contain
forward-looking statements. Such forward-looking statements involve
a number of known and unknown 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. 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 Exploration undertakes no obligation to publicly update or
revise any forward-looking statements. These risks and
uncertainties are described in the quarterly and annual reports and
in the documents submitted to the securities
administration.
Marcel Robillard. PresidentPuma Exploration(418) 724-0901Toll
free: (800) 321-8564president@explorationpuma.com
Puma Exploration Inc. (TSXV:PUM)
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