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Puma intersects 68 meters of 1pct copper at Turgeon
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Monday, 29 Nov 2010
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Puma Exploration announced the results from the first hole drilled in 2010 at the Turgeon Copper Project, New Brunswick. The hole T10- 01 intersected three mineralized copper zones from which the first two grade more than 1% Cu over 68.0 meters and 20.3 meters respectively. The third zone is characterized by disseminated copper mineralization grading 0.24% Cu over 23.6 meters.

1. Zone A;
The zone A corresponds to the Power line showing which outcropping at surface. The mineralization comes in form of thick chalcopyrite stockwerk. The core of the mineralized zone is characterized by a significant copper enrichment grading 2.44% Cu over 26 meters.

2. Zone B;
The zone B corresponds to the 100 meters Zinc Zone defined by Esso Minerals exploration works. It's consisted of several massive sulfides intervals varying from 2 meters to 5 meters spaced out by disseminated copper mineralization. Include in the copper mineralization of more than 1% Cu over 20.3 meters this zone contains a zinc enrichment grading 2.4% Zn over 20.3 meters as well as precious metals enrichment.

3. Zone C;
This zone corresponds to the 48 to 49 Zone defined by Esso Minerals. The previous holes E82-48 and E82-49 by Esso had intersected this zone that at about 75 meters east of hole T10-01 with 2.1% Cu over 24.2 meters and 2.1% Cu over 19.1 meters. In hole T10-01, the mineralization comes in form of disseminated copper grading 0.24% copper Cu over 23.6 meters. The interpretation of the borehole geophysical survey done in hole T10-01 should allow to specify relation between the zone cut and the ones in the previous drilling.

Besides intercepting copper and zinc mineralization, hole T10 confirms silver enrichment of some massives sulfides veins. Silver intersections grading more than one ounce such as 41.4 gram per tonne Ag over 2.6 meters and 31.1 gram per tonne Ag over 2.2 meters have been cut for the first time in drilling. It is to note that the majority of the previous holes were not analyzed for precious metals.

The hole reached the depth planned of 594 meters and at 303.8 meters the hole cut a mineralized fault zone grading 1% Cu over 3.7 meters. Further to this fault zone, the hole got into an important sequence of mafic dykes cross cutting almost entirely the host rock of the mineralization. In the light of the results of hole T10-01, the drilling program will resume immediately after the final interpretation of the geophysical survey. Exploration works should start at the beginning of December 2010.

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