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Puma Exploration Inc. (PUMXF) delivers focused mineral exploration through advanced geological analysis and strategic partnerships. This page serves as the definitive source for verified corporate updates, offering investors and industry observers direct access to essential developments.
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Puma Exploration (OTCQB: PUMXF) mobilized a second drill at its McKenzie Gold project in northern New Brunswick on November 27, 2025, expanding an inaugural 2,500-metre program that began November 17, 2025.
Surface grab samples at the RIM Gold Zone in 2024–2025 returned highs up to 601.33 g/t Au (grab samples are selective). Eight short holes (<300 m cumulative) targeted the southwest shear; hole MK25-03 contained visible gold in a quartz vein. Core has had preliminary logging only and will be logged in Saint-Quentin then assayed. The second drill will test northern extension veins with initial short holes (25–50 m) to define geometry before deeper targeting.
Puma Exploration (OTCQB: PUMXF) reported high-grade surface sampling and the start of an inaugural 2,500 m drill program at its McKenzie Gold Project in northern New Brunswick on November 11, 2025. Summer trenching extended the RIM Gold Zone by ~100 m, with the vein system reaching 35 m width in the north and remaining open in all directions. Grab samples include 126.96, 125.66, 84.41 and 79.69 g/t Au; 121 samples were taken and 36% exceeded 1.0 g/t Au. Puma mobilized an additional excavator to accelerate trenching ahead of drilling.
The release includes a QA/QC note and cautions that grab samples are selective.
Puma Exploration (OTCQB: PUMXF) reported 2025 surface sampling at the Jonpol Property (Williams Brook Project) with high-grade results up to 19.55 g/t Au and 3.32% Cu. Ten trenches totaling 809 metres produced 169 samples, of which 12 exceeded 0.50 g/t Au. Trench T25-10 returned multiple high-grade values including 19.55 g/t Au and 5.64 g/t Au with significant copper. Sampling along the Ramsay Brook Fault suggests a potential >2 km gold-bearing trend. The company cautioned that grab samples are selective and further fieldwork will prioritize delineation and continuity along the RBF.
Puma Exploration (OTCQB: PUMXF) announced that Kinross Gold Corporation has committed to Year 2 of its Option Agreement on the Williams Brook Project in northern New Brunswick.
Year 2 includes a minimum $3.0M work commitment (pending Kinross board approval). Under the Option Agreement, Kinross may earn a 65% interest by funding at least $16,750,000 in exploration over five years. The Williams Brook package totals 40,225 ha. Kinross will act as operator for the second-year program and Puma said final budget and program details will be announced after technical committee confirmation.
Puma Exploration (OTCQB: PUMXF) reported results from its 2025 channel sampling at the Lynx Gold Zone, Williams Brook project, Northern New Brunswick.
Highlights: 146 channels cut across a 750m by 50m area, 411 samples submitted, with 55 samples >1 g/t Au, 121 samples >0.1 g/t Au. Top channel intercepts include 68.90 g/t over 0.50 m, 54.40 g/t over 0.90 m, 53.00 g/t over 0.60 m, 48.00 g/t over 0.50 m and 34.50 g/t over 0.50 m.
Company says results correlate with prior grab sampling and drilling and will guide targeted follow-up drilling; QA/QC used ALS Moncton with fire-assay and gravity finish for samples >3 g/t Au.
Puma Exploration (OTCQB: PUMXF) completed a 3,662 m 2025 drilling program at the Lynx Gold Zone (Williams Brook), with visible gold (VG) observed in 6 of 15 holes.
Drilling extends the known mineralized footprint to 800 m strike, 50 m width and 250 m depth and remains open in all directions. Deepest VG occurred at 355.33 m (WB25-181). The campaign was fully funded by optionee Kinross as part of a C$2 million 2025 commitment; assays are pending. Puma also granted 4.5M stock options at $0.18 exercisable to Oct 15, 2029.
Puma Exploration (OTCQB:PUMXF) provided an update on its 2025 drilling program at the Williams Brook Project in New Brunswick. The company reported that hole WB25-181 intersected visible gold at 355 metres downhole depth at the Lynx Gold Zone, representing the deepest gold occurrence to date at the project. The program has completed six holes totaling 1,343 metres and is part of a fully funded $2M exploration program in collaboration with Kinross Gold.
The company plans to drill 3,500 metres at the Lynx Gold Zone and an additional 1,500 metres at the Jaguar Gold Zone. Surface exploration work included collecting 410 samples at Lynx and 570 samples across the entire project. Historical drilling at Jaguar reported intervals including 0.52 g/t Au over 55m, while recent grab samples yielded up to 34.70 g/t Au.
Puma Exploration (OTCQB: PUMXF) has announced the resumption of exploration operations at its properties in Northern New Brunswick following the lifting of the province's ban on mineral activities on Crown land. The ban was lifted on August 26, 2025, at 12:01 am, despite ongoing wildfire hazards in the region.
Additionally, the company held its 2025 Annual and Special Meeting where shareholders voted on key matters. The meeting saw participation from 33.9% of outstanding shares (60,924,037 common shares), with shareholders approving all items including director elections, auditor appointment, and a new stock option plan with approval rates ranging from 93.6% to 100%.
Puma Exploration (OTCQB:PUMXF) has announced a temporary suspension of its exploration operations involving heavy equipment at its properties in Northern New Brunswick. The stoppage comes in response to the province's ban on Crown land activities due to extreme wildfire hazards.
Company CEO Marcel Robillard acknowledged the unprecedented nature of the situation and expressed gratitude to firefighters battling the ongoing blazes. The suspension affects activities such as excavation, trenching, and drilling, and will remain in effect until further notice.
Puma Exploration (OTCQB: PUMXF) reported exceptional high-grade gold samples from its Lion Gold Zone (LiGZ) at the Williams Brook Project in Northern New Brunswick. The sampling program revealed significant grades including 55.70 g/t Au, 54.50 g/t Au, 15.30 g/t Au, and 12.70 g/t Au.
The LiGZ, discovered in 2024, now spans 400 meters along strike and 10-25 meters in width. Of the 390 total samples collected in 2024-2025, 35% returned grades above 0.1 g/t Au. The zone features altered and brecciated gold-mineralized quartz veins up to 2 metres wide and remains open in all directions.
The company's 2025 exploration program includes 3,500 metres of drilling at the Lynx Gold Zone, completion of 2,135 km of drone magnetic surveys, and extensive trenching at multiple zones including the Cheetah Gold Zone.