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Puma Exploration Reports up to 68.90 g/t Gold over 0.50 m in Channels at the Lynx Gold Zone

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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) ha riportato i risultati della campionatura a canale 2025 presso la Lynx Gold Zone, progetto Williams Brook, Northern New Brunswick.

Highlights: 146 canali attraversano un’area di 750 m per 50 m, 411 campioni inviati, con 55 campioni >1 g/t Au, 121 campioni >0.1 g/t Au. I migliori tratti di canale includono 68.90 g/t su 0.50 m, 54.40 g/t su 0.90 m, 53.00 g/t su 0.60 m, 48.00 g/t su 0.50 m e 34.50 g/t su 0.50 m.

L’azienda afferma che i risultati si correlano con i prelievi e con le perforazioni precedenti e costituiranno una guida per i sondaggi mirati di follow-up; QA/QC utilizzato ALS Moncton con fire-assay e finish gravimetrico per i campioni >3 g/t Au.

Puma Exploration (OTCQB: PUMXF) informó resultados de su muestreo de canal 2025 en Lynx Gold Zone, proyecto Williams Brook, Northern New Brunswick.

Highlights: 146 canales cortan un área de 750 m por 50 m, 411 muestras enviadas, con 55 muestras >1 g/t Au, 121 muestras >0.1 g/t Au. Los interceptos de canal principales incluyen 68.90 g/t sobre 0.50 m, 54.40 g/t sobre 0.90 m, 53.00 g/t sobre 0.60 m, 48.00 g/t sobre 0.50 m y 34.50 g/t sobre 0.50 m.

La compañía dice que los resultados se correlacionan con muestreo de grab y perforación previos y guiarán la perforación de seguimiento dirigida; QA/QC utilizado ALS Moncton con ensayo por fuego y acabado gravimétrico para muestras >3 g/t Au.

Puma Exploration (OTCQB: PUMXF)는 Lynx Gold Zone, Williams Brook 프로젝트, Northern New Brunswick에서 2025년 채널 샘플링 결과를 발표했습니다.

하이라이트: 146개의 채널이 750m x 50m 면적을 가로지르고 411개 샘플이 제출되었으며, 55개 샘플 >1 g/t Au, 121개 샘플 >0.1 g/t Au를 기록했습니다. 주요 채널Intercept에는 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, 34.50 g/t over 0.50 m가 포함됩니다.

회사는 결과가 이전의 그랩 샘플링과 드릴링과 상관관계가 있으며 목표 지향적 후속 드릴링에 가이드를 제공할 것이라고 말합니다; QA/QC는 샘플 >3 g/t Au에 대해 ALS Moncton을 사용한 fire-assay 및 중력 마감으로 수행되었습니다.

Puma Exploration (OTCQB: PUMXF) a reporté les résultats du prélèvement en canal 2025 sur la Lynx Gold Zone, projet Williams Brook, Nouveau-Brunswick nordique.

Points forts : 146 canaux coupent une zone de 750 m sur 50 m, 411 échantillons prélevés, dont 55 échantillons >1 g/t Au, 121 échantillons >0,1 g/t Au. Les intercepts de canal principaux incluent 68,90 g/t sur 0,50 m, 54,40 g/t sur 0,90 m, 53,00 g/t sur 0,60 m, 48,00 g/t sur 0,50 m et 34,50 g/t sur 0,50 m.

La société indique que les résultats se corrèlent avec des échantillonnages et forages antérieurs et guideront les forages de suivi ciblés; le QA/QC a utilisé ALS Moncton avec fire-assay et finition gravimétrique pour les échantillons >3 g/t Au.

Puma Exploration (OTCQB: PUMXF) berichtete Ergebnisse aus dem Channel-Sampling 2025 im Lynx Gold Zone, Williams Brook Projekt, Northern New Brunswick.

Highlights: 146 Kanäle durchschnitten eine Fläche von 750 m x 50 m, 411 Proben eingereicht, mit 55 Proben >1 g/t Au, 121 Proben >0,1 g/t Au. Die Top-Kanal-Intercepts umfassen 68,90 g/t über 0,50 m, 54,40 g/t über 0,90 m, 53,00 g/t über 0,60 m, 48,00 g/t über 0,50 m und 34,50 g/t über 0,50 m.

Das Unternehmen sagt, dass die Ergebnisse mit früherem Grab-Probennahme und Bohrungen korrelieren und die gezielten Folgebohrungen leiten werden; QA/QC verwendet ALS Moncton mit Fire-Assay und Gravimetrie-Finish für Proben >3 g/t Au.

Puma Exploration (OTCQB: PUMXF) ذكرت نتائج أخذ العينات بالقنوات لعام 2025 في Lynx Gold Zone، مشروع Williams Brook، نيوبرونزويك الشمالي.

النِّقاط البارزة: 146 قناة تقطع منطقة بمساحة 750 م × 50 م، و411 عينة أُرسلت، مع 55 عينة >1 g/t Au، و121 عينة >0.1 g/t Au. تشمل أعلى عيّنات القناة 68.90 g/t على 0.50 م، 54.40 g/t على 0.90 م، 53.00 g/t على 0.60 م، 48.00 g/t على 0.50 م و34.50 g/t على 0.50 م.

وتقول الشركة إن النتائج تتوافق مع أخذ العينات الملتَقطة (Grab) والحفر السابقة، وستوجّه حفر المتابعة المستهدفة؛ تم استخدام QA/QC بواسطة ALS Moncton مع اختبار الحرق (fire-assay) وتصفية gravimetric للعينات >3 g/t Au.

Puma Exploration (OTCQB: PUMXF) 报告了 Lynx Gold Zone、Williams Brook 项目、纽布伦瑞克北部的 2025 年通道采样结果。

要点:146 条通道穿过 750 m x 50 m 区域,提交 411 份样品,其中 55 份样品 >1 g/t Au121 份样品 >0.1 g/t Au。主要通道截获包括 68.90 g/t 于 0.50 m54.40 g/t 于 0.90 m53.00 g/t 于 0.60 m48.00 g/t 于 0.50 m、和 34.50 g/t 于 0.50 m

公司表示结果与先前的 Grab 取样和钻探一致,将为定向后续钻探提供指引; QA/QC 使用 ALS Moncton,样品 >3 g/t Au 采用火法分析并以重力法完成。

Positive
  • 146 channels cut across a 750 m by 50 m area
  • 411 samples collected and submitted to ALS Moncton
  • 55 samples above 1 g/t Au
  • 121 samples above 0.1 g/t Au
  • Top intercept of 68.90 g/t Au over 0.50 m
Negative
  • High-grade intercepts are narrow, typically 1.0 m
  • Gold distribution shows strong local variability across strips
  • Prior drilling described as limited (2021–2024), requiring follow-up

Rimouski, Québec--(Newsfile Corp. - October 23, 2025) - Puma Exploration Inc. (TSXV: PUMA) (OTCQB: PUMXF) (the "Company" or "Puma") is pleased to announce results from its 2025 channel sampling program at the Lynx Gold Zone ("LGZ") at its Williams Brook Gold Project in Northern New Brunswick. The program revealed multiple high-grade gold intervals, including 68.90 g/t Au over 0.50 m, 54.40 g/t Au over 0.90 m, 53.00 g/t Au over 0.60 m, 48.00 g/t Au over 0.50 m and 34.50 g/t Au over 0.50 m (Figure 1).

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Figure 1. Highlights of 2025 channel sampling at the Lynx Gold Zone

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Marcel Robillard, President and CEO, commented, "We are pleased with the results of this first channelling program at Lynx Gold Zone. It correlates well with our previous grab sampling and drilling programs. It gives us increased confidence that we can continue to refine our geological model at the LGZ and follow up with targeted drilling operations."

LGZ Channel Sampling Program

Channel sampling, more akin to core drilling, involves cutting continuous, chip-based samples across geological features on exposed rock surfaces, providing a more representative analysis than grab sampling. The 2025 program was designed to systematically sample the high-grade quartz veins visible at surface at the LGZ along a 750 m by 50 m area. One hundred forty-six (146) channels (5 cm wide by 6 to 8 cm deep) were cut to transect gold-bearing quartz veins (see Image 1). Samples ranging from 0.5 m to 1.0 m in length were then collected to respect the lithological and/or mineralogical contacts and isolate narrow (<1.0m) veins or other structures that may yield higher grades.

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Image 1. 2025 channelling at the LGZ

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From the 411 samples, 55 samples grade above 1 g/t Au, with the best sample returning 68.9 g/t Au. 121 samples grade above 0.1 g/t Au, indicating that the Williams Brook Project hosts significant anomalous gold (Table 1).

The program successfully provided a detailed analysis of gold grade variability across the stripping area at Lynx. Results of the channel sampling and mapping correlate well with the established geological model, Puma's preliminary grab sampling, and the company's limited 2021-2024 drilling programs. The local variability of gold grade is characteristic of a free gold quartz vein system, and this channelling program has provided some valuable insights that will help direct future drilling programs.

Table 1. Summary of composite 2025 LGZ channel results*

CHANNELFROM (m)TO (m)LENGTH (m)GOLD (g/t)
C50.002.502.502.01
Incl.1.502.501.004.96
C140.000.500.5010.60
C150.001.351.357.05
Incl.0.651.350.7011.45
C160.006.566.561.41
Incl.1.742.340.604.11
and3.644.390.756.82
C180.001.951.953.18
Incl.1.001.950.956.51
C190.004.854.851.13
Incl.0.551.951.403.72
Incl.0.551.250.706.27
C240.004.254.252.91
Incl.0.000.950.954.49
and1.452.250.807.30
C330.000.500.502.46
C340.000.600.609.24
C360.002.702.700.23
Incl.1.552.050.501.17
C380.002.522.521.71
Incl.0.000.650.653.92
C390.000.530.531.13
C540.001.351.352.32
C54B0.000.800.802.42
C620.009.009.000.09
Incl.5.155.750.601.28
C710.000.700.701.26
C770.001.851.850.69
Incl.1.101.850.751.44
C780.000.500.504.58
C790.001.401.400.75
C810.000.500.503.08
C920.002.752.750.56
Incl.0.901.500.602.52
C930.000.500.501.71
C970.001.651.650.76
Incl.0.000.500.502.22
C1050.001.351.352.46
C1060.001.101.106.68
Incl.0.601.100.5014.40
C1070.001.661.661.23
Incl.0.801.660.862.34
C1080.007.207.205.72
Incl.3.206.203.0013.44
Incl.3.205.702.5015.61
Incl.3.203.700.5068.90
C1090.003.353.350.27
Incl.0.000.500.501.57
C1100.000.500.5048.00
C1110.003.603.600.88
Incl.0.803.602.801.05
C1120.006.406.407.87
Incl.0.000.900.9054.40
C1130.002.652.651.47
Incl.1.502.150.655.34
C1150.001.701.7020.59
Incl.0.501.100.6053.00
C1160.001.001.0018.70
Incl.0.000.500.5034.50
C1170.001.201.2012.28
Incl.0.601.200.6024.00
C1250.002.302.300.32
Incl.0.801.300.501.08
C1350.005.505.500.34
Incl.2.904.001.101.26
C1360.003.103.104.98
Incl.0.602.001.4010.77
Incl.0.601.300.7017.00

 

*The table lists the weighted gold grade of a channel over a set length if at least 1 sample from that channel graded above 1 g/t gold. Samples are between 0.50 m and 1m in length, allowing them to adequately represent the grade of each vein and correlate the results with geological information useful for characterizing the vein system.

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

Channel samples are bagged, sealed and sent to ALS Chemex in Moncton, NB, where each sample is crushed and pulped before being fire-assayed (Au-AA24 and ME-MS61). The remaining coarse reject portions of the samples are stored for further work or verification as needed. As part of its QA/QC program, the Company aims for a minimum rate of 7-8% of external certified gold standards (ranging from low to high grade) and blanks in each batch of samples submitted to the lab. Any sample returning 3g/t Au is analyzed using a gravity finish (Au-GRA22). Check assays are also routinely performed.

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, Jonpol and the Portage Properties. To earn a 65% interest in the project, Kinross will finance a minimum of $16.75 M in exploration expenditures over the next five years (including a firm commitment of $2 M with at least 5,000 metres of drilling in the first 18 months (2025-2026).

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 Director.
(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/271508

FAQ

What were the top channel sampling results for Puma (PUMXF) at Lynx on October 23, 2025?

Top channel results include 68.90 g/t Au over 0.50 m, 54.40 g/t over 0.90 m, and 53.00 g/t over 0.60 m.

How many channel samples did Puma (PUMXF) collect at the Lynx Gold Zone in 2025?

Puma cut 146 channels and collected 411 samples across the sampled area.

How many Lynx channel samples for Puma (PUMXF) graded above 1 g/t gold?

55 samples returned grades above 1 g/t Au.

What sampling QA/QC did Puma (PUMXF) use for the Lynx 2025 program?

Samples were sent to ALS Moncton for crushing, pulping and fire-assay; samples >3 g/t used gravity finish; standards and blanks were included.

Do Puma's (PUMXF) Lynx assay results indicate continuity for bulk mining?

Results show high local variability and mostly narrow veins <1 m, indicating limited demonstrated bulk continuity.
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