VanEck Vectors Global Alternative Energy ETF

Published : September 18th, 2014

Puma Exploration: Cullinan Silver/Gold/Zinc Zone at Nicholas-Denys Now Extended to 600 Meters Strike Length

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Keywords :   Antimony | Canada | Copper | Gold | Iron | Lead | Silver | Water | Zinc |

Puma Exploration: Cullinan Silver/Gold/Zinc Zone at Nicholas-Denys Now Extended to 600 Meters Strike Length

RIMOUSKI, QUEBEC--(Marketwired - Sep 18, 2014) - Puma Exploration (TSX VENTURE:PUM) reports that stripping and trench sampling operations on geophysical targets have resulted in the discovery of new silver-gold showings that indicate a northerly extension of the NW-SE trending Cullinan zone located between the Main Fault and the Rocky Brook Millstream fault where known important mineralised zones have been identified (see news release of Sept 20, 2011).

Initial results from the current sampling program have returned values up to 263 g/t silver, 1.8 g/t gold, 0.9% zinc and 1.0 % antimony. The new areas are currently defined as being 25 meters wide and consist of deformed and parallel vein systems that vary from 10 cm to 50 cm in thickness. The Cullinan silver/gold/zinc zone has now been confirmed to be at least 600 meters long. The enclosing calcareous siltsone host rocks have been mineralized and display prominent alteration. The mineralization style in the new areas is consistent with the nearby Henry, Shaft and Pinetree mineralized zones of the Rocky Brook corridor.

The current stripping and trenching program (Phase III) was initiated in June and so far includes 33 trenches with 129 t samples analyzed. The trenching program was done over an area of 2km by 1km at the western end of the 15 km long Rocky Brook Corridor near the Henry zone. The targets were identified through geological interpretation with the support of geophysical anomalies.

Table 1. Best trench sample results from Phase III - 2014

Trench Sample Au Ag Pb Sb Zn
# # g / t g / t ppm ppm ppm
Tr14-03 351414 1.22 124 0.34 0.04 0.71
Tr14-03 351415 0.24 17 0.03 0.01 0.55
Tr14-03 351416 1.77 177 0.43 0.06 0.44
Tr14-03 351417 0.15 22 0.05 0.02 0.05
Tr14-03 351418 0.06 90 0.68 0.01 0.13
Tr14-07 351442 0.23 0 0.01 0.01 0.01
Tr14-13 351714 0.19 0 0.01 0.01 0.01
Tr14-18 351727 0.60 263 0.49 0.03 0.01
Tr14-18 351729 0.08 56 0.05 1.00 0.90
Tr14-18 351730 0.86 215 0.21 0.23 0.66
Tr14-18 351731 0.05 22 0.03 0.02 0.01

Prior drilling (North American Rare Metal in 1968) into the Cullinan zone returned significant precious metal results. Drill hole 668-16 intercepted 214 g/t Ag and 7.3% Pb+Zn over 11 metres and drill hole 688-18 142 g/t Ag and 4.4% Pb+Zn over 3.3 m. Additionally, one of the Cullinan surface veins returned a grab sample value of 3,470 g/t Ag and 30.0% Pb. (Press Release Sept 20, 2011).

Marcel Robillard, President of Puma Exploration, stated: "The recent results from the Cullinan program completes the surface sample database that will allow us to more effectively explore a particularly well mineralized 4km by 2km segment of the Rocky Brook Corridor located in the western portion of the structure. The 15km long by 2km wide Rocky Brook Corridor is a major mineralized structure which contains the 1km long Shaft lead-zinc-silver zone, the 1km long Henry lead-zinc-silver zone, the 1km long Beresford copper-iron zone, the 1km long Dante lead-zinc-silver zone and the 0.5 km long Millstream copper-iron zone. The Cullinan zone has to date been defined over a strike length of 600 metres and is located in the Henry zone between the 2 majors Rocky-Brook-Millstream and Main faults.

Following the recent completion of trenching and stripping operations at Nicholas-Denys, the exploration team has started a trenching and stripping program on the nearby Turgeon VMS Project to follow up on new targets in preparation for a scheduled drilling program in the fall.

About Nicholas-Denys

Nicholas-Denys is located in mining friendly New Brunswick, near sea level in the established Bathurst mining camp which welcomes employment opportunities. The property is located 15 kms from the city of Bathurst and 20 kms from a deep-water Atlantic port and the nearby Glencore Xstrata smelter at Belledune. Access is excellent with a commercial airport near Bathurst, a nearby railroad and with paved roads running through the property. The project consists of two genetically and spatially related plays: the large 4 km diameter Nicholas Denys porphyry intrusion, and the adjacent 15 km long by 1.5 km wide Rocky Brook mineralized corridor.

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 Project and Turgeon Copper Project in New Brunswick and the Little Stull Lake Gold Project in Manitoba. Puma is focusing now its exploration efforts in New Brunswick, Canada.

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.

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VanEck Vectors Global Alternative Energy ETF

EXPLORATION STAGE
CODE : PUM.V
ISIN : CA74588S1039
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Puma Exploration is a zinc and lead exploration company based in Canada.

Puma Exploration holds various exploration projects in Canada.

Its main exploration properties are LITTLE STULL LAKE, TURGEON and NICHOLAS-DENYS in Canada.

Puma Exploration is listed in Canada. Its market capitalisation is 4.0 millions as of today (US$ 3.2 millions, € 2.6 millions).

Its stock quote reached its highest recent level on December 07, 2007 at 0.59, and its lowest recent point on January 22, 2016 at 0.03.

Puma Exploration has 47 442 200 shares outstanding.

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Financings of VanEck Vectors Global Alternative Energy ETF
1/15/2015Closes Private Placement for $100,000
12/2/2013and $1,000,000 private placement offering
7/23/2013Closes Private Placement for $501,200
3/28/2013Closes Private Placement for $400,000
7/16/2012closes private placement for $750,000
6/7/2012Announce $1,150,000 Financing
12/20/2007COMPLETES A PRIVATE PLACEMENT OF $4.5 M
Option Grants of VanEck Vectors Global Alternative Energy ETF
6/23/2009Allocation of stock options
Project news of VanEck Vectors Global Alternative Energy ETF
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1/28/2014(Turgeon)resumes drilling at Turgeon Copper-Zinc Project
12/17/2013(Turgeon)samples 6.5% Copper at Turgeon Cu-Zn Project in New Brunswic...
10/22/2013(Nicholas-denys)Confirms Significant Copper-Molybdenum System at Nicholas-De...
9/9/2013Names Dominique Gagne as VP of Exploration
9/9/2013names Dominique Gagn=E9 as VP of exploration
8/15/2013(Little Stull Lake)purchases 100% interest of Little Stull Lake Gold Project, M...
8/12/2013(Nicholas-denys)reached a depth of 1,290 meters with its hole FND13-02 and b...
3/13/2013(Nicholas-denys)Drills 0.41% Copper (CuEq(i)) over 60.5 meters at Nicholas-D...
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12/12/2012Henry East Lens confirmed at depth with 376 g/t Ag, 1.4 g/t ...
10/18/2012(Nicholas-denys)Starts Drilling Program at Nicholas-Denys Project, New Bruns...
10/17/2012(Nicholas-denys)Extends the Skarn Horizon Over More Than 10 km at Nicholas-D...
8/29/2012(Nicholas-denys)samples 2,590 g/t Ag, 16 g/t Au at New Discovery Lens at Nic...
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4/10/2012(Nicholas-denys)begins drilling at Nicholas-Denys
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1/18/2012Drills 24.6 Meters of 100 g/t Silver, 1.4% Lead and 1.3% Zin...
1/12/2012239 G/T SILVER AND 1.9% LEAD OVER 6.3 METERS AT SURFACE AT D...
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12/8/2011(Nicholas-denys)Dante Lens, a new discovery on a second E-W Main Fault Zone ...
11/30/2011(Nicholas-denys)discovers three additional NW-SE high grade structures with ...
11/30/2011PUM.V - Discovery of Three Additional NW-SE High Grade Struc...
9/20/2011(Nicholas-denys)21.1 g/t Au over the extension of the Cullinan veins at Nich...
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6/27/2011(Nicholas-denys)purchases more land at Nicholas-Denys Silver Project, New Br...
5/19/2011(Nicholas-denys)3.1 KM LONG FIRST PRIORITY TARGET TO BE TESTED AT NICHOLAS-D...
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2/9/2011(Turgeon)10.1% Cu and 54 g/t Ag over 7.5 meters at Turgeon Copper Pro...
6/15/2010(Turgeon)Increases its strategic holdings
6/8/2010(Turgeon)Target of 7-10 million tonnes of 1.0%-1.5% Cuat Turgeon
4/21/2010(Turgeon)Copper recovery of 95%
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12/17/2009(Turgeon)Metallurgical testing for Turgeon and drilling at Nicholas-D...
12/3/2009(Nicholas-denys)Resumes Drilling at Nicolas-Denys
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9/2/2009(Turgeon)Drilling starts at Turgeon in New Brunswick
7/7/2009(Little Stull Lake)Holds 71.6% of the Little Stull Lake Gold Project, Manitoba
2/10/2009(Nicholas-denys)Purchase of three lots over the former Shaft Mine at the Nic...
11/26/2008(Nicholas-denys)108 g/t Ag, 7.0% Zn, and 7.4% Pb over 3.4 metres on the Shaf...
8/20/2008(Nicholas-denys)Surface drilling intersects high grades at Shaft lens with 1...
7/10/2008(Nicholas-denys)New mineralized lens discovered at Nicholas-Denys
5/13/2008(Turgeon)Puma options its Ste-Marguerite Gold Property
4/14/2008(Nicholas-denys)Strategic acquisition of the Turgeon Deposit for the Nichola...
4/8/2008(Nicholas-denys)113 g/t Ag, 3.3% Zn, 3.8% Pb, and 0.27 g/t Au over 11 metres...
3/27/2008(Nicholas-denys)17,000 metres of drilling under way at Nicholas-Denys
2/27/20081 million ounces of silver in the Haché Lens (NI 43-101 comp...
1/29/2008(Nicholas-denys)540 g/t Ag, 1.0 g/t Au, 3.3% Zn, and 2.7% Pb over 5.1 metres...
1/17/2008(Nicholas-denys)Three drills on Nicholas-Denys, New Brunswick
10/30/2007(Nicholas-denys)596 g/t Ag, 4.3% Zn, 3.3% Pb, and 1.6 g/t Au over 7.6 metres...
10/22/2007(Nicholas-denys)Surface sample on Nicholas-Denys property shows 1.7 kg/t Ag,...
9/26/2007(Little Stull Lake)6.1 g/t Au over 4 metres on the Little Stull Lake gold depos...
7/25/2007(Nicholas-denys)Prefeasibility study for Nicholas-Denys, New Brunswick
7/18/2007(Nicholas-denys)1.5 kg Ag, 7.4 g/t Au, 10.1% Zn, and 7.3% Pb over 3.4 metres...
7/10/2007(Nicholas-denys)First metallurgical test for Nicholas-Denys
6/19/2007(Little Stull Lake)Drilling begins on the Little Stull Lake gold deposit, Manit...
5/2/2007(Nicholas-denys)Update on drill results from Nicholas-Denys
Corporate news of VanEck Vectors Global Alternative Energy ETF
1/19/2016Puma Acquires the Red Brook Project in Northern New Brunswic...
12/29/2015Puma Exploration Announces the Closing of Private Placement ...
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9/23/2015Puma Exploration Welcomes Dale Ginn as a Director
4/6/2015Puma Completes Successful Drilling Program at Turgeon Cu-Zn ...
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2/19/2015Begins Trading on the Santiago Stock Exchange in Chile
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10/21/2014Puma Expands Brunswick North Project and Appoints Technical ...
10/16/2014Puma Acquires the Brunswick North VMS Project 6 km North of ...
9/30/2014Puma Samples 3% Cu at Turgeon Cu-Zn Project in New Brunswick
9/18/2014Puma Exploration: Cullinan Silver/Gold/Zinc Zone at Nicholas...
9/2/2014Results From the Annual Meeting of Shareholders
8/27/2014Puma Exploration Closes Private Placement for $562,250
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6/26/2014Puma Reports Progress on 2014 Summer Exploration Programs in...
5/21/2014IIROC Trading Resumption - PUM
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5/21/2014IIROC Trading Halt - PUM
4/29/2014Puma Discovers a New VMS System at Turgeon Copper-Zinc Proje...
12/23/2013closes private placements for $1,462,860
10/30/2013Discovers High Grade on the Rocky Brook Corridor with Sample...
8/12/2013Reached a Depth of 1,290 Meters With its Hole FND13-02 and B...
7/8/2013Reached a Depth of 1,215 Meters With its Hole FND13-01 and B...
5/29/2013(Nicholas-denys)Targets World Class Porphyry System at Nicholas-Denys Projec...
2/21/2013Samples 0.64% Copper Equivalent(ii) (CuEq) Over 300.9 Meters
10/31/2012More Gold Found Along the Main Fault
10/23/2012Allocation of Stock Options
8/29/2012(Nicholas-denys)discovers a new high grade lens at Nicholas-Denys Silver Pro...
7/13/2012Closes Private Placements for $1,988,830
7/5/2012(Nicholas-denys)Drills 6.4 Meters of 446 g/t Ag, 1.5 g/t Au, and 5.8% Zn at ...
6/29/2012Closes $1,238,830 Financings
6/29/2012closes private placements for $988,830
6/5/2012Announces Non-Brokered Private Placements
3/2/2012(Little Stull Lake)Recalculates Drill Results for New Open Pit Model at Little ...
12/21/2011(Nicholas-denys)Two additional mineralized lenses discovered at Nicholas-Den...
5/19/2011(Nicholas-denys)3.1 km Long First Priority Target to Be Tested at Nicholas-D...
5/12/2011to Optimize Market Exposure and Deepen its Financial Network
4/7/2011(Nicholas-denys)Silver and Gold intersected in the first six holes drilled i...
3/11/2011Welcomes Richard Thibault as a Board Member
8/4/20091.72% Copper over a 56.5-metre thickness at Turgeon, New Bru...
7/27/20092.4% Copper over a 31-metre thickness at Turgeon, New Brunsw...
6/23/2009Modification to stock option plan
8/13/2008More holes intersect the new lens between the Shaft and Hach...
6/12/2008Mineralization between Shaft and Hach=E9 lenses continuous a...
5/14/2008Haché lens 50 metres longer, with 339 g/t Ag, 2.2% Zn, 3.8% ...
11/27/2007 ANNOUNCES A $6 MILLION FINANCING
11/15/2007Conclusive metallurgical test on the Haché lens, New Brunswi...
11/7/2007TR: 1.5 kg/t Ag, 3.5% Zn, 9.8% Pb, and 3.6 g/t Au over 3.5 m...
10/16/2007EXPLORATION PUMA COMPLETES $350,000 INVESTMENT
9/19/200793 metres of molybdenum for NB Moly in New Brunswick
9/4/2007230 g/t Ag, 1.3 g/t Au, 3.6% Zn, and 2.8% Pb over 10.0 metre...
6/26/200730-metre mineralized zone at Shaft
5/24/2007 begins drilling on molybdenum property in New Brunswick
3/14/2007TR: 331 g/t, 244 g/t, and 461 g/t of silver up to six metres...
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TSX-V (PUM.V)
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