The Williams Brook Gold Project is located on the western edge of the Bathurst Mining Camp. It covers more than 40,000 ha of prime exploration land and benefits from excellent access, water, electricity and the availability of an experienced workforce.

Exploration work to date has identified at least four (4) different gold trends on the property package. Puma’s 2021/2022 work focused on the newly discovered O’Neil Gold Trend, a pervasive altered and brecciated rhyolite unit. The rhyolite is in contact with sediments and is characterized by quartz veins and veinlets, stockworks and breccias. Drilling at the OGT has returned exceptional results (see Table 1). Gold mineralization is associated with pervasive sericite and iron alteration over large sections. The presence of abundant quartz veins and veinlets with disseminated sulphides and oxides is also observed. Often, visible gold (“VG”) is present.

Table 1. Highlights of high-grade gold intersections at the OGT since 2021*

*Stated lengths in metres are downhole core lengths and not true widths. True widths will be calculated once more drilling confirms the geometry of the quartz-sulphide system.

Puma’s ongoing exploration work is guided by Mira Geoscience’s Mineral Potential Index (“MPI”) map that was generated by compiling and analyzing all the data gathered by Puma since 2019 (see Figure 1). The data set includes results from more than 5,000 metres of trenching, 5,000 grab samples, 7,500 metres of drilling, property-wide heliborne VTEM and radiometric surveys, structural data analysis from Terrane Geoscience and previous geochemical soil and till surveys. The MPI map shows that the OGT may extend more than 15 km and that other similar, highly prospective areas are present on Puma’s large land package.

Figure 1. Map of prospective targets (credit: Mira Geoscience)

A large epithermal/orogenic system is possible at Williams Brook. The gold mineralization at the O’Neil Gold Trend is characterized by significant high-grade gold intercepts within a lower-grade envelope which may represent the surface expression of a large and pervasive supergene gold enrichment in a low to mid sulphidation epithermal quartz sulphide system (Figure 2).

Figure 2. Potential large gold system at Williams Brook

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