Core Insights - Puma Exploration Inc. has reported successful drilling results from the Lynx Gold Zone, confirming the continuity of mineralization and expanding the zone's footprint [1][2][5] Drilling Results - The 2025 drilling program included 15 holes totaling 3,662 meters, successfully intersecting the favorable rhyolite/sediment contact and confirming mineralization at depth [1][2][5] - Visible gold was observed in 6 of the 15 drill holes, with significant findings including 66.10 g/t Au over 0.50 m in hole WB25-181 and 4.09 g/t Au over 1.0 m in hole WB25-190 [6][8] - The Lynx Gold Zone has been expanded to approximately 800 meters along strike, 50 meters wide, and extends to a vertical depth of ~250 meters, remaining open in all directions [7][8] Financial Commitments - Kinross Gold Corp. has committed at least $3 million to exploration at Williams Brook for Year 2 of the Option Agreement and increased its ownership stake in Puma to 14.8% through a $2 million equity investment [4][19] Exploration Activities - Extensive surface exploration work was completed across the Williams Brook Project, including trenching, mapping, and drone magnetic geophysical surveys [16] - A systematic channel sampling program at the Lynx Gold Zone returned high-grade gold intervals, including 68.90 g/t Au over 0.50 m, aiding in the refinement of the geological model [17] Future Plans - Plans for the 2026 exploration program at Williams Brook are currently underway and will be announced shortly [4]
Puma Exploration Intersects 5.11 g/t Au over 6.60 m, Including 66.10 g/t Au over 0.50 m at Lynx Gold Zone
TMX Newsfile·2026-02-04 15:39