Puma Exploration Inc. reports exploration and project-development news from mineral properties in northern New Brunswick, Canada, near the Bathurst Mining Camp. The company focuses on precious metals projects, including the Williams Brook Gold Project and the expanded McKenzie Gold Project, and reports drilling, sampling, staking, geological targeting and technical work across gold zones such as Lynx, Jaguar and Lion.
News also covers Puma's interest in Murray Brook Minerals Inc. and the Legacy Project, a copper-silver project with gold potential in Restigouche County. Recurring updates include field exploration results, NI 43-101 technical reports, option-agreement activity, capital-structure matters, shareholder voting and governance disclosures.
Puma Exploration (PUMXF) has started fully funded mechanical trenching at its McKenzie Gold Project in northern New Brunswick to refine and prioritize drill targets for the upcoming 2026 fall/winter program.
The work focuses on the RIM and Grog Gold Zones, following prospecting, mapping and high-resolution drone magnetic surveying. At RIM, trenching extends the mineralized corridor by about 200 metres on both sides of the current zone, building on 2026 drill results that included 1.64 g/t Au over 7.75 m and 1.01 g/t Au over 10.40 m. At Grog, trenching will expand existing pits along NW-oriented faults and quartz veins, guided by new magnetic data, LiDAR and field observations. McKenzie covers 42,053 ha, hosts over 75 surface targets, and is accessible by road.
Puma Exploration (OTCQB:PUMXF) reported the results of its Annual General Meeting held on August 27, 2026 via webcast, where 78,584,906 shares, representing 38.8% of outstanding shares, were voted. Shareholders approved all items, including the election of five directors, the appointment of the auditor, and a new stock option plan.
Director nominees Marcel Robillard, Richard Thibault, Michel Fontaine, Réjean Gosselin and Mia Boiridy each received between 99.6% and 99.8% support. The stock option plan was approved with 74,133,259 votes for (94.3%). Following the meeting, the board appointed Réjean Gosselin as Chairperson, Marcel Robillard as CEO and President, Martin Nicoletti as CFO, and Kayla Nicoletti as Corporate Secretary, and confirmed memberships of the audit and compensation committees. Puma also highlighted its precious metals exploration focus in New Brunswick and its partner-funded, equity-leveraged portfolio.
Puma Exploration (OTCQB: PUMXF, TSXV: PUMA) reported completion of six high-resolution drone magnetic survey grids totalling approximately 2,800 line‑kilometres across its McKenzie Gold, Jacquet River and Caribou East projects in northern New Brunswick. Pioneer Exploration Consultants conducted the work between June 23 and July 15, 2026, using consistent parameters for regional comparison.
The surveys cover 1,228.190 line‑kilometres at McKenzie Gold, 986.460 at Jacquet River and 585.238 at Caribou East. According to Puma Exploration, the high-quality, low-noise magnetic datasets will be integrated with mapping, geochemistry, trenching and drilling data to refine gold target generation and prioritize future exploration, including potential drilling.
Puma Exploration (OTCQB:PUMXF) reports that partner Kinross Gold has started a new 2,000-metre drilling program at the Jaguar Gold Zone of the Williams Brook Project, following a Winter 2026 campaign that included hole WB26-195 with 0.45 g/t Au over 56.50 m and 1.03 g/t Au over 16.0 m. The current seven-hole program, begun on July 26, 2026, targets lateral and down-plunge extensions of this mineralization and tests additional IP anomalies 300–500 m away. It follows extensive May–July 2026 fieldwork (regional prospecting, soil surveys, 32 test pits and a 2,920.9 ha drone magnetic survey). Under the 2024 option agreement, Kinross can earn a 65% interest by funding $16.75 million in exploration over 2025–2030.
Puma Exploration (OTCQB:PUMXF) announced that its 70.48%-owned subsidiary Murray Brook Minerals (MBM) signed an agreement on June 8, 2026, to acquire a 100% interest in the Mount McInnes polymetallic critical minerals project in northern New Brunswick. The property covers 11,837 hectares in 19 claim blocks (539 claim units) and is prospective for silver, gold, zinc, lead, copper, indium, bismuth, tungsten, molybdenum, and tin.
According to Puma, consideration to the arm's-length vendor includes 500,000 MBM shares, a C$15,000 cash payment already made at signing, and a further C$20,000 due on or before the first anniversary. Additional success-based cash payments total up to C$185,000 tied to a NI 43-101 resource estimate, positive PEA, positive feasibility study, and commercial production. The vendor retains a 2% NSR royalty, of which 1% can be repurchased by MBM for $1 million; MBM also has a right of first refusal on the remaining 1%. The deal is subject to TSX Venture Exchange approval.
MBM's portfolio now includes the 100%-owned Legacy Cu-Ag Project, with an inferred resource of 930,000 tonnes containing 13.4 million lbs Cu at 0.66% and 110,000 oz Ag at 3.65 g/t. Puma states that work continues toward a possible separate TSXV listing of MBM, potentially including a distribution of MBM shares to Puma shareholders, while emphasizing this transaction is still conceptual and not guaranteed.
Puma Exploration (OTCQB:PUMXF) reported assay results from its inaugural 2,721 m, 43‑hole diamond drilling program at the RIM Gold Zone on the McKenzie Gold Project in Northern New Brunswick. Drilling intersected multiple high‑grade quartz shear veins with visible gold, including intercepts of 42.60 g/t Au over 0.25 m, 21.86 g/t Au over 0.30 m, 15.55 g/t Au over 0.30 m and 13.41 g/t Au over 0.25 m within broader mineralized envelopes.
According to the company, gold‑bearing veins discovered at surface have now been confirmed down to 106 m downhole and traced over 200 m laterally, with thicker zones such as 0.64 g/t Au over 20.10 m and 0.38 g/t Au over 27.85 m. The results validate Puma's structural model for RIM and will guide deeper follow‑up drilling and target refinement across McKenzie, supported by a fully funded 2026 surface exploration program currently testing more than 75 surface targets.
Puma Exploration (OTCQB:PUMXF)/b) reported Kinross' 1,870 m Winter 2026 drilling at the Williams Brook Gold Project in New Brunswick.Key results include 0.45 g/t Au over 56.50 m at Jaguar and up to 16.01 g/t Au over 0.50 m at Lion, plus a Kinross-funded 2026 summer program and Puma's equity and NSR royalty portfolio.
Puma Exploration (OTC: PUMXF) more than doubled its Jacquet River Project to 12,112 hectares after staking an additional 8,474 ha, securing ~17 km of major structures including the Rocky Brook Millstream Fault and Jacquet River Fault. Puma plans a drone magnetic survey this summer to refine targets and support mapping and prospecting.
Puma Exploration (PUMXF) reported 2025 field results from Murray Brook Minerals' 100%-owned Legacy Project, northern New Brunswick. Surface grab samples returned up to 12.00% Cu, 152 g/t Ag and 1.15 g/t Au. A 2025 program of drone magnetics, trenching (17 trenches, 943 m) and 321 samples supports a broader multi-zone skarn system across ~630 ha.
The Legacy Deposit hosts a 930,000-tonne inferred resource at 0.66% Cu and 3.65 g/t Ag (US$10/t cut-off) per an independent technical report (effective Nov 28, 2025). Next steps: geophysics-guided drilling, 3D modelling, mapping, and additional trenching.
Puma Exploration (PUMXF) subsidiary Murray Brook Minerals received an updated NI 43-101 reporting an inferred resource of 930,000 tonnes grading 0.66% Cu (13.4M lbs Cu) and 3.65 g/t Ag (110,000 oz Ag) at the Legacy Project, effective Nov 28, 2025.
The deposit starts at surface, is contained within a Whittle pit shell at a US$10/t cutoff, and shows expansion potential below the pit. MBM closed a $250,000 FT private placement; Puma holds ~71.6% of MBM.