drilling
posted on
Sep 13, 2009 10:57AM
Discovery and development of precious metals - New Brunswick & Manitoba
212, AVENUE DE LA CATHÉDRALE, RIMOUSKI (QUÉBEC) CANADA G5L 5J2 TEL.: 418.
724.0901
FAX: 418.722.0310
info@explorationpuma.com
PUM TSXV
explorationpuma.com
PRESS RELEASE
Drilling starts at Turgeon in New Brunswick
Rimouski, September 2, 2009 – Puma Exploration (PUM-TSXV) has started drilling on the Turgeon
property in New Brunswick with the goal of performing a resource calculation compliant with
Standard 43-101.
The objective of the first of five holes is to characterize metal zoning and better define the
metallogenic model. The hole, about 200 metres long, will be oriented so that it passes through two
consecutive mineralized zones and verifies the extent of mineralization in this direction.
Compilation and sampling of earlier drill holes will also be performed in order to identify all
mineralized zones and prepare a resource calculation that complies with Standard 43-101.
About Turgeon
The Turgeon deposit is located only 20 kilometres north of the Nicholas-Denys property, and 5 km
south of the deepwater port of Belledune. The property is accessible by road all year round, and is
crossed by a power line.
Since work started in 1958, 132 holes have been drilled on the deposit for a total drill advance of
more than 26,630 metres. In 1983, Esso Minerals used the drilling results to estimate an historic
resource of 1.5 to 2.0 million tonnes grading 1.5% Cu and 4% Zn. These mineral resource estimates
were carried out before Standard NI 43-101 was put in place, and it is not certain that Puma's work
will confirm the historic resources. They are presented for information purposes, to illustrate the
scope of the mineralization.
The deposit consists of four lenses of rich zinc-copper mineralization, two of which are exposed on
surface. By way of example, drill intersections with 12.4% Zn and 1.8% Cu over 8.7 metres, and
10.7% Zn and 0.7% Cu over 10.1 metres have been encountered in one of the zinc-rich lenses.
Spectacular copper intersections are also found,
e.g.
, boreholes E82-77 with 2.5% Cu over 34.1
metres, E82-54 with 2.7% Cu over 36.2 metres, and E82-46 with 7.9% Cu over 7.5 metres.
The contents of this press release were prepared by Alain Hupé eng., a Qualified Person as defined in NI 43-101. 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."
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For additional information:
André Proulx Christian Guilbaud
President Investor Relations
(418) 724-0901 (514) 813-7862
president@explorationpuma.com cguilbaud@explorationpuma.com