NEW BRUNSWICK – PUMA EXPLORATION says it has cut 3 metres of excellent sulphide grades at its Nickolas-Denys prospect only 25 km north of FALCONBRIDGE’s Brunswick No.12 mine. The Rimouski, Que.-based company said drilling on the Pine Tree deposit cut 5.2% Zn, 4.6% Pb and 116.55 g/t Ag in hole F05-08 within 50 metres of surface.
Five of Puma’s first nine drill holes intersected massive sulphides lenses up to 8 metres thick. Preliminary observations of the drill results suggest the Pine Tree deposit is comprised of three polymetallic massive sulphide lenses. The main lens appears to average 3 metres thick. It was traced along a length of 200 metres and extends, so far, to a vertical depth of 35 metres, open in all directions. One significant result of the first drilling program is the presence of gold in the massive sulphides, with an average of 0.65 g/t Au.
Further information can be obtained from project geologist Marcel Robillard at 418-721-5175 or mrobillard@ExplorationPuma.com.