Puma Exploration samples 10.9 g/t Au, 246 g/t Ag, 3.7% Pb and 2.7% Zn over 4.4 meters
on Henry East Lens, Nicholas-Denys Property, New Brunswick
Rimouski, November 15, 2012 – Puma Exploration (PUM-TSXV) announces the results of systematic channel
sampling on Henry East Lens leading to the discovery of a gold and silver rich zone grading 10.9 g/t Au and 246
g/t Ag over 4.4 meters including two (2) higher grade zones of 13.0 g/t Au and 606 g/t Ag over 1.2 meters and
21.7 g/t Au and 485 g/t Ag over 1.5 meters in channel RH12-41.
Puma focused its stripping and channel sampling program on the Henry East lens of the Nicholas-Denys property,
which graded up to 5.0 g/t Au and 267 g/t Ag over 2 meters in trench TH11-29 (press release 03/02/2012). Work
included mechanical stripping and detailed mapping of two areas of 125 meters by 10 meters and proved that the
mineralization displays a good continuity and an important lateral extension at surface. The recently stripped
areas of the Henry East lens were systematically sampled along regularly 5 meters spaced channels (45) whose
location was not biased by the presence of visible mineralization (refer to figure 1).
The best result was 10.9 g/t Au and 246 g/t Ag over 4.4 metres in channel RH12-41. Several other channels also
yielded high grade gold and silver results with 5.5 g/t Au and 352 g/t Ag over 3.1 metres (RH12-40), 5.0 g/t Au
and 303 g/t Ag over 3.1 metres (RH12-35), 4.7 g/t Au and 271 g/t Ag over 4.6 metres (RH12-33), 4.5 g/t Au and
515 g/t Ag over 3.4 metres (RH12-28) and 1.5 g/t Au and 187 g/t Ag over 4.2 metres (RH12-16).
Table 1. Selected channel samples from the Henry East Lens
Channel From (m) To (m) Length (m) Au (g/t) Ag (g/t) Pb (%) Zn (%)
RH12-02 2.6 6.2 3.6 1.03 pending
RH12-03 6.4 7.7 1.3 1.78 pending
RH12-04 5.2 7.8 2.6 4.45 pending
RH12-05 4.0 6.0 2.0 0.38 210 4.5 1.2
RH12-14 2.0 6.5 4.5 0.85 41 0.6 0.3
RH12-15
2.3 5.5 3.2 2.45 130 2.3 0.3
1.2 5.4 4.2 1.53 187 3.0 0.7
0.0 4.6 4.6 1.53 156 0.4 1.2
RH12-18 4.2 8.3 4.1 0.93 63 1.2 0.1
RH12-28
0.0 3.4 3.4 4.48 515 4.8 1.8
RH12-29 5.2 8.2 3.0 2.88 136 2.2 1.3
RH12-30 5.6 8.7 3.1 0.91 66 0.7 1.0
RH12-31 2.4 5.6 3.2 1.35 87 1.2 0.4
RH12-32
3.4 6.8 3.4 4.01 361 6.0 0.6
3.2 7.8 4.6 4.65 271 4.6 2.4
0.0 3.4 3.4 2.47 220 3.7 2.6
3.9 7.0 3.1 5.04 303 5.5 3.5
RH12-36 3.3 5.8 2.5 0.81 42 0.6 0.1
RH12-37 2.6 7.2 4.6 0.22 30 0.2 0.1
RH12-38 5.0 8.0 3.0 0.81 93 0.9 0.3
RH12-39 4.0 7.0 3.0 0.56 90 1.2 0.2
RH12-40
7.2 10.3 3.1 5.53 352 4.1 2.0
4.7 9.1 4.4 10.93 246 3.7 2.7
RH12-42 2.8 4.2 1.4 0.39 12.5 0.2 0.1
RH12-43 2.6 4.0 1.4 4.43 284 3. 7 1.4
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Lateral extension of mineralization at surface over 1.2 km
Trenching carried out in the summer of 2011, located 250 meters east of the actual stripped area also led to the
discovery of another high grade gold and silver lens zone in TR11-24. The mineralization consists of centimetric
to metric massive sulphide horizon similar to the one stripped in the current program and located within the same
geological unit extending the continuity of the sulphide horizon over 1.2 kilometers from Henry Lens to TR11-24
(refer to figure 2). Grab samples collected to characterize the new showing returned values up to 23.3 g/t Au and
769 g/t Ag.
Table 2. Selected grab samples collected in TR11-24
Sample Au (g/t) Ag (g/t) Pb (%) Zn (%)
349383 18.2 312 4.9 1.0
349384 2.0 70 0.8 0.1
349386 5.7 98 1.5 0.7
349389 7.9 125 2.3 2.7
349390 14.1 320 4.2 0.5
349391 9.6 213 2.8 0.1
349392 23.3 769 6.0 0.2
349394 4.6 822 0.6 0.1
349395 3.0 95 0.2 0.3
349396 1.8 232 0.7 0.1
The Henry East Lens outcrops on surface as a semi-massive to massive sulphide zone varying in thickness from
0.5 meter to 5 meters. The continuity of the mineralization at Henry East has been proven by nine (9) different
trenches, with a spacing of 25 to 75 meters over a strike length of 500 meters (press release 10/11/2011). The
mineralization zone is interpreted to be the surface expression of the EM-1 geophysical anomaly detected during
the 2011 winter survey (see press release 19/05/2011). The EM-1 geophysical anomaly shows a long trend
extending more than 1.2 km, from Henry Lens to TR11-24, open-ended to the west and located along the Rocky-
Brook-Millstream fault.
The Rocky-Brook-Millstream fault also controls the mineralisation for the Haché, Shaft and Pinetree lenses. All
these mineralised lenses carry significant gold and silver enrichment and the current channel sample results are
similar with those collected previously on the Haché lens as 1.3 g/t Au and 265 g/t Ag over 4.9 meter (R07-19)
and 1.4 g/t Au and 401 g/t Ag over 6.4 meters (R07-20).
At the Haché lens, the channel sample results were consistent with the subsequent drilling results. More than 100
holes were drilled at Haché lens since 2006 and defined a continuous mineralization zone over a strike length of
700 meters and to a depth of 350 meters so far. The gold and silver enrichment related with the Rocky-Brook-
Millstream Main fault has been confirmed by most of the drilling completed by Puma from 2006 to 2008.
Drilling program in progress on Henry East Lens
Puma has started a two phase drilling program at Nicholas-Denys property. The first phase of approximately
1,500 meters focuses on the Henry East Lens, located along the western end of the Rocky-Brook-Millstream fault.
It consists of 11 holes over the two main stripped areas and two deeper 300-350 meters long holes testing the EM-
1 electromagnetic geophysical anomaly at depth. The second phase, of an additional 1,000 meters, will test the
skarn horizon and the Nicholas-Denys porphyry.
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Nicholas-Denys 2012 Exploration Program
Puma Exploration has conducted extensive exploration program at Nicholas-Denys in 2012. So far, 29 holes for a
total of 2,549 meters were drilled and 25 trenches for 3,100 meters of trenching and stripping of about 9,600 m
2
were directed on the two main structures which are the Rocky-Brook-Millstream and Main Fault Zones. Currently
more stripping are in progress along the Henry East lens to increase the size of the four (4) gold and silver richer
zones defined by the actual sampling program.
The 2012 exploration results indicated that the Nicholas-Denys property contains a significant silver-gold
mineralization system that is open for extension. The area explored to date represents only 20% of the total length
of the favourable corridor which extends over more than 10 km. The discovery of new silver-gold structures and
lenses along the Rocky-Brook-Millstream Fault and the northern second main fault represent a key step toward
the definition of an economic deposit.
About Puma Exploration
Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in
Canada. The Company's major assets are the Nicholas-Denys Silver Project and Turgeon Copper Project in New
Brunswick and the Little Stull Lake Gold Project in Manitoba. Puma is focusing its exploration efforts in New
Brunswick, Canada, which has been ranked the best place in the world to conduct mining exploration by the 2012
Fraser Institute Survey.
Learn more by clicking here: www.pumaexploration.com
T
he contents of this press release were prepared by Dominique Gagné. a Qualified Person as defined in NI 43-101. The samples were
analyzed at the ALS Chemex laboratory in Val d’Or using the atomic absorption and ICP methods. There is not enough drilling data
presently available to determine the shape and true width of the mineralized zone. Neither 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.
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For further information on Puma Exploration, contact:
Marcel Robillard. President
Puma Exploration More information
(418) 724-0901 Toll free: (800) 321-8564
president@explorationpuma.com
Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking
statements involve a number of known and unknown risks, uncertainties and other factors which may cause the
actual results. performance or achievements of Puma Exploration Inc. to be materially different from actual
future results and achievements 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 Exploration undertakes no obligation to publicly update or revise
any forward-looking statements. These risks and uncertainties are described in the quarterly and annual reports
and in the documents submitted to the securities administration.
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TEL.: 418.
724.0901 FAX: 418.722.0310
info@explorationpuma.com
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212, AVENUE DE LA CATHÉDRALE, RIMOUSKI (QUÉBEC) CANADA G5L 5J2
TEL.: 418.
724.0901 FAX: 418.722.0310
info@explorationpuma.com
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