VanEck Vectors Global Alternative Energy ETF

Published : September 30th, 2014

Puma Samples 3% Cu at Turgeon Cu-Zn Project in New Brunswick

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Puma Samples 3% Cu at Turgeon Cu-Zn Project in New Brunswick

RIMOUSKI, QUEBEC--(Marketwired - Sep 30, 2014) - Puma Exploration (TSX VENTURE:PUM) reports that its 2014 stripping and trenching program at the Turgeon Cu-Zn VMS project in New Brunswick has resulted in the discovery of two new distinct VMS showings in the vicinity of the recently discovered Dragon Zone (Press release April 29, 2014) and the Zinc Zone. A map showing the location of the new surface discoveries are attached to the version of this press release at www.explorationpuma.com.

The first new discovery is located at surface over the southern part of the Zinc Zone which was intersected at a depth of about 150 vertical meters by drilling. The Zinc Zone has so far only been defined by drilling with no drill intercepts between surface and 150 meters vertically. It is possible that this new surface discovery is part of the Zinc Zone which allow for a considerable volumetric increase if confirmed by future drilling. Grab samples collected from trench TR14-44 returned grades up to 3.04% Cu and 2.05% Cu. The mineralization consists of semi-massive to disseminated sulphides hosted in silicified basalt and is open in all directions.

The second surface discovery is located 60 meters north of the Dragon massive sulphide Zone that was intersected in drillhole FT13-13 at a vertical depth of 100 meters. The direct geologic relationship between this new discovery and the Dragon Zone is not yet known except that both are elements of a significant VMS system. The mineralization is composed of massive to semi-massive sulphides hosted in a chloritized basalt near the major Jaspe syn-volcanic fault. Grab samples collected from trench TR14-38 returned grades up to 0.97% Cu, 1.63% Zn and 29.5 g/t Ag.

Table 1. Selected grab samples from Turgeon Trenching Program

Trench (#) Rock sample (#) Ag
(g/t)
Cu
(%)
Zn
(%)
TR14-37 Amygdaloidal basalt P160858 1.1 0.01 0.34
TR14-38 MS/SMS* P160884 6.1 0.97 0.16
TR14-38 MS P160885 29.5 0.07 0.10
TR14-38 MS P160886 21.4 0.07 0.08
TR14-38 MS/SMS P160887 5.3 0.71 0.33
TR14-38 MS P160888 1.8 0.16 0.18
TR14-38 MS P160890 8.4 0.87 1.63
TR14-38 MS P160891 1.1 0.06 0.23
TR14-38 Brecciated basalt P160892 9.2 0.35 0.10
TR14-38 Basalt P160863 4.0 0.04 0.18
TR14-39 Brecciated basalt P160866 3.8 0.12 0.34
TR14-41 Basalt/Sheeted dyke P160870 0.6 0.03 0.16
TR14-44 Brecciated basalt P160873 0.2 0.01 0.24
TR14-44 Brecciated basalt P160874 0.4 0.20 0.07
TR14-44 Basalt P160875 3.1 3.04 0.08
TR14-44 Basalt P160876 2.3 2.05 0.04
* MS=Massive Sulphide SMS=Semi Massive Sulphide

The stripping and trenching program was initiated in August 2014 and included 17 trenches over 806 meters where 49 grab samples were collected. The main objective of the program was to locate the favorable rock units with the chlorite alteration required to generate prospective drill targets in the Dragon Zone. This program has provided sufficient information to plan our next drill program and the bonus discovery of two new important surface zones only 150 meters apart significantly increases the combined footprint of the Powerline, Zinc and Dragon VMS Zones at Turgeon. The total known mineralized VMS surface footprint at Turgeon now covers an area 600 meters long by 300 meters wide.

Puma's exploration team is currently preparing drill sites for the arrival of a tracked mounted Diamond drill in early October, 2014.

About Turgeon VMS Property

The Turgeon volcanogenic massive sulphide property (100% owned), acquired by Puma in 2008, is located in northeastern New Brunswick approximately 20 km north of Puma's Nicholas-Denys property and the town of Bathurst. It is also located 5 km south of Glencore Xstrata's lead-silver-gold smelter and the Belledune deep-water concentrate handling facility.

At Turgeon, historic drill intercepts, by Esso Minerals in 1983 and by Puma since 2008, of copper and zinc are impressive with up to 36.2 m of 2.3% Cu in the Powerline copper Zone and up to 72.2 m of 2.7% Zn + 1.0% Cu in the Zinc Zone.1 Following ground mapping and prospecting, Puma drilled four holes in early 2009 and reported near surface massive sulphide intercepts of 40 m of 1.0% Cu + 2.9% Zn and 31 m of 2.4% Cu. Also, very high grade copper results of 10.0% Cu + 54 g/t Ag were intersected in Puma's drilling.2

In April 2014, Puma discovered the Dragon Zone, a new near surface VMS target zone located within 500 m of the main Powerline and the Zinc zones. The Dragon Zone is a pervasive VMS system that occurs in the same volcanic unit that hosts the Powerline and Zinc Zones. Higher grade intercepts of up to 4 m of 1.01% Cu and 0.78% Zn occur within much larger mineralized halo intercepts of 161 m of 0.16% Zn and 115 m of 0.11% Zn at the Dragon Zone.3

1 Press Release April 11, 2008,
2 Press Release August 4, 2009,
3 Press Release April 29, 2014

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 work 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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2/21/2013(Turgeon)samples 0.64% Copper Equivalent** (CuEq) over 300.9 meters i...
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...
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4/10/2012(Nicholas-denys)begins drilling at Nicholas-Denys
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11/30/2011(Nicholas-denys)discovers three additional NW-SE high grade structures with ...
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9/20/2011(Nicholas-denys)21.1 g/t Au over the extension of the Cullinan veins at Nich...
8/23/2011(Nicholas-denys)1=2C330 g/t Ag=2C 17.4 g/t Au=2C 6.3% Pb and 2.3% Zn at Nich...
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...
3/17/2011(Turgeon)Drilled 1.2% Cu Over 75.5 Meters at Turgeon Copper Project i...
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%
2/16/2010(Nicholas-denys)Drilling confirms a silver-rich section at Nicolas-Denys
1/28/2010(Nicholas-denys)508 g/t Ag and 3 g/t Au at Nicholas-Denys
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 ...
10/14/2015Puma Begins Fall Exploration Program at Turgeon Cu-Zn VMS pr...
9/23/2015Puma Exploration Welcomes Dale Ginn as a Director
4/6/2015Puma Completes Successful Drilling Program at Turgeon Cu-Zn ...
3/11/2015Puma Resumes Drilling at Turgeon Copper-Zinc Project in New ...
2/25/2015Puma Intersects 10.1% Zn Over 2.7m Within a New VMS System
2/19/2015Begins Trading on the Santiago Stock Exchange in Chile
12/23/2014Puma Exploration Closes Private Placement for $867,200
12/17/2014Puma Has Hired Rihanna As Its Creative Director
12/8/2014Puma Intersects Multiple Zones of Massive Sulphide Mineraliz...
11/20/2014Puma Exploration Samples 2.0% Cu Over 6 Meters at Turgeon So...
11/12/2014Puma Receives Junior Mining Award in New Brunswick
11/5/2014Puma Starts Drilling at Turgeon Copper-Zinc Project in New B...
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
8/12/2014Puma Acquires Three New Porphyry Systems in Northern New Bru...
7/29/2014Puma Increases its Strategic Land Holding at Little Stull La...
6/26/2014Puma Reports Progress on 2014 Summer Exploration Programs in...
5/21/2014IIROC Trading Resumption - PUM
5/21/2014Puma Discovers 0.41% CuEq(i) Over 200 Meters Within 486 Mete...
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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