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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: UPTICK10/20/2009 11:52:23 AM
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PUM news

Puma Intersects 1% Cu Over 97 Metres on Its Turgeon, New Brunswick DepositPUMA EXPLORATION INC PUM 10/20/2009 11:35:06 AMRIMOUSKI, QUEBEC, Oct 20, 2009 (MARKETWIRE via COMTEX News Network) --
In its drillhole F09-01, Exploration Puma (TSX VENTURE: PUM) has encountered a major intersection more than 60 metres in length, including 1.5 % Cu over 63 metres and 1 % Cu over 97 metres.

This drillhole has identified two zones (A and B) a few metres apart, consisting of copper-rich stockworks with attractive intersections and grades. One sample of 13 % Cu over 0.60 metres, 14 samples with more than 4 % Cu, and 37 samples with more than 1 % Cu were found in a total of 102 samples.

Mineralized intersections in Drillhole F09-01 (azimuth N 075 degrees, angle 50 degrees)

From (m) To (m) Length (m) Cu (%) Zones37.3 160 122 0.8 A and B37.3 134.5 97 1 A and B46.3 109 63 1.5 A and BZone A Zone BFrom (m) To (m) Length (m) Cu (%) From (m) To (m) Length (m) Cu (%)46.3 76.3 30 1.87 85 103 18 1.8246.3 52.7 6.4 2.68 85 87 2 2.753 61 8 2.04 92.3 103 10.7 2.3567 69 2 2.17 107 109 2 1.8671 76 5 2.3The main goals of this drill campaign were to confirm the geologic model of the deposit, i.e., to characterize the metal zoning of the VMS (volcanogenic massive sulphide type) model, to define the nature of the VMS deposit in terms of various geologic parameters (structure, alteration, and lithology), and to confirm the continuity of the mineralization present.

Objectives of the three drillholes:

- F09-01: to intersect a Cu-rich network of veins and veinlets (stockwork)

- F09-02: to intersect the Zn- and Cu-rich massive sulphide zone;

- F09-03: to investigate the continuity of the lens on surface.

Puma has now completed the three-drillhole, 435-metre program on its Turgeon, New Brunswick deposit. Analytical results from the first drillhole are complete and the other data will be presented shortly, in an upcoming press release.
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