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Puma Exploration Reports High-Grade Results from Sampling at the Lion Gold Zone

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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.

Puma Exploration (OTCQB: PUMXF) ha riportato campioni eccezionalmente ricchi di oro ad alta qualità dalla sua Lion Gold Zone (LiGZ) nel progetto Williams Brook, nel Nord del New Brunswick. Il programma di campionamento ha evidenziato valori significativi, tra cui 55,70 g/t Au, 54,50 g/t Au, 15,30 g/t Au e 12,70 g/t Au.

La LiGZ, scoperta nel 2024, si estende ora per 400 metri in lunghezza e 10-25 metri in larghezza. Dei 390 campioni totali raccolti tra il 2024 e il 2025, il 35% ha mostrato valori superiori a 0,1 g/t Au. La zona presenta vene di quarzo mineralizzate d'oro, alterate e brecciate, larghe fino a 2 metri, ed è aperta in tutte le direzioni.

Il programma di esplorazione 2025 dell'azienda prevede 3.500 metri di perforazioni nella Lynx Gold Zone, il completamento di 2.135 km di rilevamenti magnetici con droni e un ampio scavo di trincee in più zone, inclusa la Cheetah Gold Zone.

Puma Exploration (OTCQB: PUMXF) informó muestras excepcionales de oro de alta ley en su Lion Gold Zone (LiGZ) en el Proyecto Williams Brook en el norte de New Brunswick. El programa de muestreo reveló grados significativos que incluyen 55,70 g/t Au, 54,50 g/t Au, 15,30 g/t Au y 12,70 g/t Au.

La LiGZ, descubierta en 2024, ahora se extiende 400 metros en dirección y 10-25 metros de ancho. De las 390 muestras totales recolectadas entre 2024 y 2025, el 35% presentó grados superiores a 0,1 g/t Au. La zona presenta vetas de cuarzo mineralizadas con oro, alteradas y brechadas, de hasta 2 metros de ancho, y permanece abierta en todas las direcciones.

El programa de exploración 2025 de la compañía incluye 3,500 metros de perforación en la Lynx Gold Zone, la finalización de 2,135 km de levantamientos magnéticos con drones y un extenso trabajo de trincheras en múltiples zonas, incluida la Cheetah Gold Zone.

Puma Exploration (OTCQB: PUMXF)은 뉴브런즈윅 북부 윌리엄스 브룩 프로젝트의 Lion Gold Zone(LiGZ)에서 뛰어난 고품위 금 시료를 보고했습니다. 샘플링 프로그램에서 55.70 g/t Au, 54.50 g/t Au, 15.30 g/t Au, 12.70 g/t Au를 포함한 상당한 금 함량이 확인되었습니다.

2024년에 발견된 LiGZ는 현재 400미터 길이와 10-25미터 너비를 자랑합니다. 2024년부터 2025년까지 수집된 총 390개 샘플 중 35%가 0.1 g/t Au 이상의 함량을 보였습니다. 이 구역은 최대 2미터 너비의 변형되고 파쇄된 금 광물화 석영맥으로 구성되어 있으며, 모든 방향으로 확장 가능성이 열려 있습니다.

회사의 2025년 탐사 프로그램에는 Lynx Gold Zone에서 3,500미터 시추, 2,135km의 드론 자기 탐사 완료, 그리고 Cheetah Gold Zone을 포함한 여러 구역에서 광범위한 트렌치 작업이 포함됩니다.

Puma Exploration (OTCQB : PUMXF) a annoncé des échantillons d'or à haute teneur exceptionnels provenant de sa Lion Gold Zone (LiGZ) sur le projet Williams Brook dans le nord du Nouveau-Brunswick. Le programme d'échantillonnage a révélé des teneurs significatives, notamment 55,70 g/t Au, 54,50 g/t Au, 15,30 g/t Au et 12,70 g/t Au.

La LiGZ, découverte en 2024, s'étend désormais sur 400 mètres de longueur et 10 à 25 mètres de largeur. Sur les 390 échantillons collectés entre 2024 et 2025, 35 % ont montré des teneurs supérieures à 0,1 g/t Au. La zone présente des veines de quartz minéralisées en or, altérées et bréchifiées, jusqu'à 2 mètres de large, et reste ouverte dans toutes les directions.

Le programme d'exploration 2025 de la société comprend 3 500 mètres de forage dans la Lynx Gold Zone, l'achèvement de 2 135 km d'enquêtes magnétiques par drone, ainsi que des tranchées étendues dans plusieurs zones, y compris la Cheetah Gold Zone.

Puma Exploration (OTCQB: PUMXF) meldete außergewöhnlich hochgradige Goldproben aus der Lion Gold Zone (LiGZ) des Williams Brook Projekts im Norden von New Brunswick. Das Probenahmeprogramm ergab bedeutende Gehalte, darunter 55,70 g/t Au, 54,50 g/t Au, 15,30 g/t Au und 12,70 g/t Au.

Die LiGZ, die 2024 entdeckt wurde, erstreckt sich nun über 400 Meter entlang der Streichrichtung und 10-25 Meter in der Breite. Von den insgesamt 390 im Zeitraum 2024-2025 gesammelten Proben wiesen 35 % Gehalte über 0,1 g/t Au auf. Die Zone weist veränderte und brekziierte, goldmineralisierte Quarzadern von bis zu 2 Metern Breite auf und ist in alle Richtungen offen.

Das Erkundungsprogramm des Unternehmens für 2025 umfasst 3.500 Meter Bohrungen in der Lynx Gold Zone, die Fertigstellung von 2.135 km Drohnen-Magnetikvermessungen und umfangreiche Grabenarbeiten in mehreren Zonen, darunter die Cheetah Gold Zone.

Positive
  • High-grade gold samples with exceptional results up to 55.70 g/t Au
  • 35% of 390 collected samples returned grades above 0.1 g/t Au
  • Significant mineralized zone spanning 400m strike length
  • Zone remains open in all directions for potential expansion
  • Multiple gold zones identified across the property suggesting district-scale potential
Negative
  • Grab samples are selective and may not represent true metal content
  • Early-stage exploration project without defined resource estimates

Rimouski, Québec--(Newsfile Corp. - August 7, 2025) - Puma Exploration Inc. (TSXV: PUMA) (OTCQB: PUMXF) (the "Company" or "Puma") is pleased to announce additional high-grade grab samples at the Lion Gold Zone ("LiGZ") including 55.70 g/t Au, 54.50 g/t Au, 15.30 g/t Au and 12.70 g/t Au* from the ongoing 2025 exploration program at the Williams Brook Project in Northern New Brunswick. (*The reader is cautioned that grab samples are selective by nature and may not represent the true metal content of the mineralized zone.)

These latest results highlight the potential of the LiGZ that was discovered through prospecting and trenching in 2024. An area that spans 400 m along strike and 10 to 25 m in width has now been stripped (Figure 1). The 2025 exploration program uncovered several altered and brecciated gold-mineralized quartz veins, up to 2 metres in width, and numerous veinlets. A total of 390 samples were collected in 2024 (250) and 2025 (140), with 35% returning grades above 0.1 g/t Au. Samples collected in 2025 with results above 5 g/t Au are highlighted on Figures 1 and 2. The zone remains open in all directions.

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Figure 1. 2025 stripping and previous results at the Lion Gold Zone

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Marcel Robillard, president and CEO, noted: ''These exploration results at Lion are reminiscent of the 2020 preliminary sampling at Lynx, where subsequently impressive gold mineralization was intercepted by drilling at depth. Our sampling to date has confirmed a 400 m strike extension. These early exploration results at Lion continue to highlight the scale and continuity of mineralization at Williams Brook. There is significant potential for more discoveries on the property, and we continue to work diligently to unlock its full potential."

The recently stripped area will be cleaned to allow for detailed mapping and channel sampling in preparation for further detailed surveys and eventual drilling. A drone magnetic survey was also flown over the stripped area and extended to 8 kilometres along strike to map the potential extension of the zone to the east.

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Figure 2. Sampling at the newly stripped area of the Lion Gold Zone

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LION GOLD ZONE

The Lion Gold Zone (''LIGZ''), discovered in 2024, is closely associated with a major regional structure, the McCormack Brook Fault and a mafic intrusive unit. The LiGZ is part of a mineralized structure located about 10km north of the Lynx Gold Zone and shares the same geological characteristics. Gold mineralization is found in brecciated quartz veins heavily altered by sericite and limonite and closely associated with an altered mafic intrusive/dike that separates the altered sediments from the fault (Image 1). The area remains wide open as the McCormack Brook Fault is mapped for at least 30 kilometres.

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Image 1. Photos of typical high-grade gold quartz veins

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WILLIAMS BROOK 2025 EXPLORATION PROGRAM UPDATE

  • 3,500 metres of drilling are underway at the Lynx Gold Zone;
  • 2,135 km of drone magnetic geophysical surveys were completed;
  • Five (5) trenches for 299 m were completed at the Cheetah Gold Zone ("CHGZ"). The CHGZ was discovered in 2023, 3 km along strike of the Tiger Gold Zone, where initial trenching returned 6.69 g/t Au*. Highlights of the 2025 sampling include 4.60 g/t Au* in a newly discovered area. (*The reader is cautioned that grab samples are selective by nature and may not represent the true metal content of the mineralized zone.);
  • Eleven (11) trenches for 796 metres were completed at Target 2;
  • Channel sampling was completed at the Lynx Gold Zone with over 400 samples collected.

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Figure 3. Location of the main 2025 exploration activities at WB

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Qualified Person

The scientific and technical content of this press release has been prepared, reviewed, and approved by Mr. Dominique Gagné, P.Geo., Vice President of Exploration, who is a "Qualified Person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

On-site quality assurance/quality control (QA/QC) measures

Grab samples are bagged, sealed and sent to ALS CHEMEX in Moncton, New Brunswick, where each sample is crushed and pulped before being fire-assayed (Au-ICP21). The remaining coarse reject portions of the samples remain in storage for further work or verification as needed. As part of its QA/QC program, the Company inserts external gold standards (low to high grade) and blanks every 20 samples in addition to standards, blanks, and duplicates. All samples over 10 g/t gold are analyzed with a gravity finish (Au-GRA22). Check assays are routinely performed for samples with visible gold to ascertain the gold content of the mineralization zone.

About the Williams Brook Project

The Williams Brook Project (40,225 ha), optioned to Kinross Gold Corp (see October 24, 2024 News Release), comprises the Williams Brook Property, the Jonpol Property and the Portage Property. To earn a 65% interest in the project, Kinross can finance a minimum of $16.75 million in exploration expenditures over the next five years (including a firm commitment of $2 million with at least 5,000 metres of drilling in the first 18 months).

About Puma's Assets in New Brunswick

Puma has accumulated an impressive portfolio of prospective gold landholdings strategically located close to roads and infrastructure in Northern New Brunswick, including the Williams Brook Project and the new McKenzie Gold Project. Both are located near the Rocky Brook Millstream Fault ("RBMF"), a major regional structure formed during the Appalachian Orogeny and a significant control for gold deposition in the region. Puma's work to date has focused on the Williams Brook property, but prospecting and surface exploration work on its other properties have confirmed their potential for significant gold mineralization.

About Puma Exploration

Puma Exploration is a Canadian mineral exploration company focused on identifying and developing a pipeline of precious metals projects in New Brunswick, near Canada's Renowned Bathurst Mining Camp. Puma has a long history in Northern New Brunswick, having worked on regional projects for over 15 years. Puma's successful exploration methodology, which combines traditional prospecting methods with detailed trenching and cutting-edge technologies such as Artificial Intelligence, has been instrumental in facilitating an understanding of the region's geology and associated mineralized systems. Armed with geophysical surveys, geochemical data, and consultants' expertise, Puma has developed a cost-effective exploration tool to discover gold at shallow depths and maximize drilling results.

Connect with us on Facebook, X, or LinkedIn.
Visit www.explorationpuma.com for more information or contact:

Marcel Robillard, President and CEO.
(418) 750-8510; president@explorationpuma.com

Mia Boiridy, Head of Investor Relations and Corporate Development.
(250) 575-3305; mboiridy@explorationpuma.com

Neither the 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 several known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of Puma to differ materially from those 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 undertakes no obligation to publicly update or revise any forward-looking statements. The quarterly and annual reports and the documents submitted to the securities administration describe these risks and uncertainties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261549

FAQ

What were the highest gold grades reported by PUMXF at the Lion Gold Zone?

The highest gold grades reported from grab samples at the Lion Gold Zone were 55.70 g/t Au and 54.50 g/t Au, along with other significant results of 15.30 g/t Au and 12.70 g/t Au.

What is the size of the Lion Gold Zone at Williams Brook Project?

The Lion Gold Zone spans 400 meters along strike and measures 10 to 25 meters in width, with the zone remaining open in all directions.

What exploration activities is PUMXF conducting at Williams Brook in 2025?

PUMXF is conducting 3,500 metres of drilling at Lynx Gold Zone, completed 2,135 km of drone magnetic surveys, and performed trenching at multiple zones including the Cheetah Gold Zone.

How many samples were collected at the Lion Gold Zone and what percentage showed significant gold?

A total of 390 samples were collected (250 in 2024 and 140 in 2025), with 35% returning grades above 0.1 g/t Au.

Where is the Williams Brook Project located?

The Williams Brook Project is located in Northern New Brunswick, Canada.
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