Major gold discovery in New Brunswick, Atlantic Canada

PUMA EXPLORATION INC. (TSXV: PUMA/ OTCQB: PUMXF) is a Canadian mineral exploration company focused on discovering gold orebodies in an area that is emerging as a new gold camp near the famous Bathurst Mining Camp of New Brunswick, Canada.

Puma has become a major player in this prolific underexplored gold terrane. The New Brunswick Prospectors and Developers Association voted Puma "2014 Prospector of the Year".

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Puma controls thousands of hectares of easily accessible prime land in the most prolific precious metal horizons of the region, including the Williams Brook property, where prospecting and sampling resulted in a major gold discovery in 2020. The exciting discovery was confirmed by an intersection of 5.55 g/t Au over 50.15 metres during the Company's inaugural drilling campaign on the property in the summer of 2021.

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Backed by significant strategic investments and managed by experienced professionals, Puma is focused on generating maximum shareholder value through its development, exploration, acquisition and royalties ("DEAR") strategy.

From left to right:
Michel Fontaine, Laura Araneda, Réjean Gosselin, Richard Thibault, Marcel Robillard

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Puma decided, in late 2020, to spin off its copper and base metals assets into a new, standalone copper-focused company to properly develop these prospective assets. Canadian Copper (CSE:CCI) began trading on the Canadian Stock Exchange on July 26, 2022. Canadian Copper is focused on increasing the known copper resources on its properties and expand exploration activities across its project portfolio in New Brunswick, Canada.

Click here for more information on Canadian Copper.

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Puma's exploration and development activities are governed by its ESG principles of sustainable development, social responsibility and acceptability, transparency and good governance. Minimizing the environmental impacts of exploration has been a top priority for the Company since its inception.

At the core of its values, Puma is committed to establishing mutually-beneficial alliances with the communities that surround its projects. The Company has signed an MOU with the Pabineau First Nation and proactively seeks input as it advances development on its projects.

The Company is sufficiently funded to execute the next phase of its exploration program on its large land package in 2022, including a second drilling campaign of 10,000 metres at its Williams Brook Gold Project.

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175, rue Légaré
Rimouski, Qc
Canada G5L 3B9
Phone: (418) 724-0901
Fax: (418) 722-0310