Puma Exploration

$PUMA.V is a Canadian based mineral exploration company, located in Quebec. The companies main project Triple Fault Gold is located in New Brunswick.

[Puma Exploration @ExplorationPuma]

Puma Exploration Confirms Broad Gold System at Jaguar; Kinross Launches 2026 Summer Program at Williams Brook ⛏️

Puma Exploration is pleased to announce results from Kinross Gold Corp's 1,870-metre Winter 2026 diamond drilling campaign at the Williams Brook Gold Project in Northern New Brunswick, which was completed and funded under its option agreement with Puma Exploration.

At the Jaguar Gold Zone, hole WB26-195 intersected a wide mineralized envelope grading 0.45 g/t Au over 56.50 m, including a higher-grade interval of 1.03 g/t Au over 16.0 m. Although only 5 shallow holes were drilled in the area, the consistent downhole mineralization, along with drilling by a previous operator in 2008, highlights the area's potential. Kinross is targeting Jaguar for follow-up drilling this summer. At the Lion Gold Zone, the presence of high-grade gold mineralization (16 g/t Au over 0.50 m) in the first drilling ever conducted in the area confirms that the zone merits further investigation.

Marcel Robillard, Puma's President and CEO, stated, "The broad mineralized interval in hole WB26-195 shows that what was sampled at Jaguar and what previous operators drilled is not a narrow, high-grade occurrence, but a wider gold-bearing system with strong potassic alteration and pyrite mineralization. Jaguar has been added as a high-priority target within the Williams Brook Gold System. Kinross' Option agreement commitments have been instrumental in advancing the Project, and with another $13M+ in potential work expected over the next 4 years, we are confident we'll unlock Williams Brook's full potential."

📈TSXV: PUMA | OTCQB: PUMXF 📈

#mining #exploration #gold #newbrunswick #investing #resourceinvesting #goldmining $PUMA.V @kinrossgold

Visit today's news release to learn more: https://t.co/rVMVyoRRP0

[Puma Exploration @ExplorationPuma]

Puma's DEAR strategy – Discovery, Exploration, Acquisition and Royalties - is designed to create value through both direct exploration success and strategic monetization of non-core assets.

Following its gold discovery at Williams Brook in 2021, Puma spun out its base-metal and non-core assets to unlock their potential and maximize shareholder value through Puma's equity interests in other explorers and carried royalties on their projects. This approach provides Puma shareholders with diversified commodity exposure and significant upside potential from the spinoffs' success, while allowing Puma to maintain its primary focus on advancing its gold assets in New Brunswick.

📈TSXV: PUMA | OTCQB: PUMXF📈

#mining #gold #newbrunswick #exploration #resourceinvesting $PUMA.V

Learn more: https://t.co/HyXELvz3sv

[Puma Exploration @ExplorationPuma]

The McKenzie Gold Project

Puma's 42,053 ha McKenzie Gold Project is easily accessible by paved highway and gravel roads. Puma has confirmed 2 significant gold systems at McKenzie: the RIM Gold Vein and the Grog Area, located 30 km apart, demonstrating the district-scale potential of the project.

New Brunswick hosts considerable yet underexplored mineral potential. The recent surge in the acquisition of prospective ground, as reflected in ongoing staking activity by various explorers, underscores the importance of Puma maximizing its land position in Northern New Brunswick.

Extending Exposure to the McKenzie Fault

The southern block, comprising 129 units and 2,812 hectares, secures approximately five additional kilometres of the McKenzie Fault-a major regional structure associated with high-grade gold veins, including the RIM Gold Vein. Puma recently completed its initial shallow diamond drilling at RIM, totalling 43 NQ drill holes for 2,721.5 metres. This program provided first-pass drill coverage of the RIM vein corridor and delivered critical geological and structural data to refine future targets along this highly prospective fault system. Assays for all 43 drill holes are pending, with results to be released upon completion of analysis.

Other high-grade quartz-vein targets at McKenzie include the Bonanza and Dome showings that returned up to 362 g/t Au in Puma's 2023 trenching and sampling program, three kilometres south of the RIM Gold Vein (see October 25, 2023 News Release). Also, a preliminary structural study at the Dome showing found that the quartz vein is tightly folded and discordant to bedding, consistent with a strongly deformed vein environment. These new showings add further high-grade vein targets to Puma's expanded McKenzie land package along the Grog and RIM Gold Zones.

📈TSXV: PUMA | OTCQB: PUMXF📈

#mining #gold #newbrunswick #exploration #resourceinvesting $PUMA.V

Learn more: https://t.co/B3442PQnuQ

[Puma Exploration @ExplorationPuma]

We’re in Bathurst at New Brunswick’s CIM annual conference #resourceinvesting #NewBrunswick #goldexploration

[Puma Exploration @ExplorationPuma]

The Lion Gold Zone ⛏️

The 2026 Lion campaign consisted of only three diamond drill holes (WB26-196-198) totalling 510 metres. The program was designed to get fresh rock under the alteration zone stripped at surface and to better define the structural, lithological and alteration controls associated with gold mineralization.

Gold mineralization at Lion differs from that at the Lynx and Jaguar Gold Zones. Here, gold appears to be associated with mafic volcanic rock intruded by multiple little quartz veins and veinlets.

Despite the limited Winter 2026 drilling program at Lion, the results confirm high-grade gold mineralization along the McCormack Brook Fault, warranting follow-up. The McCormack Fault has been traced for more than 10 km and will be further investigated by the Kinross team this summer

📈 TSXV: PUMA | OTCQB: PUMXF 📈

#mining #exploration #gold #newbrunswick #investing #resourceinvesting #goldmining $PUMA.V @kinrossgold

Learn more: https://t.co/rVMVyoRRP0

[Puma Exploration @ExplorationPuma]

The McKenzie Gold Project appears to exhibit the same geological attributes as the Williams Brook Project, namely:

➡️The presence of very high-grade gold mineralization;
The mineralization appears to be associated with orogenic gold deposits
➡️The project is near a major Appalachian structure – the McKenzie Fault;
➡️The presence and proximity of mineralized felsic intrusions; and
➡️The potential for a large mineralized system (Au, Ag, Cu).

📈TSXV: PUMA | OTCQB: PUMXF 📈

Learn more: https://t.co/CceXt3mwQU

[Puma Exploration @ExplorationPuma]

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 and has developed a strong understanding of the region's geology and mineralized systems through a combination of traditional prospecting, trenching, geophysics, geochemistry and advanced exploration techniques.

📈TSXV: PUMA | OTCQB: PUMXF 📈

Learn more: https://t.co/HyXELvz3sv

[Puma Exploration @ExplorationPuma]

PUMA EXPLORATION'S DEAR STRATEGY

Jacquet River fits within Puma's DEAR strategy - Discovery, Exploration, Acquisition and Royalties - which is designed to create value through both direct exploration success and strategic monetization of non-core assets.

Following its gold discovery at Williams Brook in 2021, Puma spun out its base-metal and non-core assets to unlock their potential and maximize shareholder value through Puma's equity interests in other explorers and carried royalties on their projects. This approach provides Puma shareholders with diversified commodity exposure and significant upside potential from the spinoffs' success, while allowing Puma to maintain its primary focus on advancing its gold assets in New Brunswick.

As part of this strategy, Puma currently holds equity interests in several companies and maintains a portfolio of NSR royalties on selected assets. Puma currently holds (share prices at market close on May 1, 2026):

11,181,058 shares of Canadian Copper (CSE: CCI), trading at $0.68 CAD (~$7.6M)
23,951,040 shares of Raptor Metals Ltd (AUX: RAP), trading at $0.05 AUD (~$1.2M AUD)
2,700,000 shares of BWR Exploration Inc. (TSXV: BWR), trading at $0.015 CAD (~$40K)
23,644,165 shares of Murray Brook Minerals (not publicly listed)

📈TSXV: PUMA | OTCQB: PUMXF 📈

#mining #exploration #gold #newbrunswick #investing #resourceinvesting #goldmining $PUMA.V

Learn more: https://t.co/HyXELvz3sv

[Puma Exploration @ExplorationPuma]

Puma Exploration Doubles Its Jacquet River Project and Launches Drone Magnetic Survey ⛏️

Puma Exploration is pleased to announce that it staked 8,474 ha, more than doubled its land position at the prospective Jacquet River Project in Northern New Brunswick, and secured approximately 17 km of major regional structures, including the Rocky Brook Millstream Fault and the Jacquet River Fault

Marcel Robillard, Puma's President and CEO, commented: "With our understanding that major regional structures control mineralization in the region, as confirmed at our Williams Brook and McKenzie Gold Project, our proven discovery model, and with the recent increase in staking activity by other explorers, we moved quickly when the opportunity presented itself to secure additional prospective ground surrounding our Jacquet River property. This expanded land package significantly enhances the Project's exploration potential at the district scale."

📈TSXV: PUMA | OTCQB: PUMXF 📈

#mining #exploration #gold #newbrunswick #investing #resourceinvesting #goldmining $PUMA.V

Visit today's news release for more information: https://t.co/SeFhY8CLyc

[Puma Exploration @ExplorationPuma]

Legacy Project Overview

The Legacy Project is a 100%-owned copper-silver project with gold potential, located in Restigouche County, Northern New Brunswick, near the historic Bathurst Mining Camp and contiguous with Puma's McKenzie Gold Project. It is in an established mining jurisdiction with access to regional infrastructure, including roads, power, rail, and the deep-water port of Belledune. The project comprises four claim blocks totalling approximately 10,880 hectares and includes the Legacy Deposit, the 105N Cu-Ag-Au mineralized Zone, and the JJ Gold Zone.

The Legacy Deposit is a copper- and silver-dominant skarn system in which mineralization is preferentially associated with silicified calcareous argillite units. Mineralization includes chalcopyrite, pyrite, and pyrrhotite, with minor sphalerite and galena. It hosts a 930,000-tonne inferred resource containing 13,400,000 lbs Cu @ 0.66% Cu and 110,000 oz Ag @ 3.65 g/t Ag at a US$10/t cut-off value within a Whittle pit shell.

📈TSXV: PUMA | OTCQB: PUMXF 📈

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[Puma Exploration @ExplorationPuma]

Murray Brook Minerals Samples up to 12.00% Cu and 152 g/t Ag at its Legacy Project ⛏️

Puma Exploration is pleased to announce the results from the 2025 field exploration program completed by its subsidiary, Murray Brook Minerals Inc. on its 100%-owned Legacy Project, in northern New Brunswick, Canada

The exploration program performed last fall confirms multiple high-grade copper-silver-gold occurrences outside and adjacent to the historical Legacy Deposit area. Surface sampling* returned values up to 12.00% Cu, 1.15 g/t Au and 152 g/t Ag, supporting the interpretation of a broader, multi-zone mineralized system.

📈TSXV: PUMA | OTCQB: PUMXF 📈

#mining #exploration #gold #newbrunswick #investing #resourceinvesting #copper #silver #gold $PUMA.V

Visit our news release for more information: https://t.co/hxIw42X7oE

[Puma Exploration @ExplorationPuma]

Murray Brook Minerals Releases Updated Resource Estimate for Its Legacy Cu-Ag Deposit ⛏️

Puma Exploration Inc. announces that its subsidiary, Murray Brook Minerals Inc., has received an updated NI 43-101 Technical Report for its 100%-owned Legacy Project (Cu-Ag) in Northern New Brunswick, Canada. The technical report, effective November 28, 2025, with a report date of February 20, 2026, was compiled to satisfy the listing requirements for a Tier 2 application to the TSX Venture Exchange.

The updated resource estimate, based solely on historical drilling results, outlines a 930,000 tonnes inferred resource at the Legacy Deposit, containing 13,400,000 lbs Cu @ 0.66% Cu and 110,000 oz Ag @ 3.65 g/t Ag. The deposit starts at surface and shows significant expansion potential (Independent Technical Report for the Legacy Project, Restigouche County, New Brunswick, Canada, by Dr. Gilles Arseneau, P.Geo, effective November 28, 2025).

📈TSXV: PUMA | OTCQB: PUMXF 📈

#mining #exploration #gold #newbrunswick #investing #resourceinvesting #copper $PUMA.V

Visit today's news release for more information: https://t.co/B4yIL5haGE

[Puma Exploration @ExplorationPuma]

The Williams Brook Gold Project

Puma’s flagship Williams Brook Gold Project, recently optioned to Kinross Gold Corp., covers more than 40,000 ha of prospective gold landholdings and likely hosts a large orogenic system.

Since 2021, and with less than C$12.5M of exploration investment, Puma made several significant gold discoveries at the Williams Brook property – the Lynx, Tiger, Cheetah, Cougar, Jaguar, and Panthera Gold Zones, with gold mineralization hosted in quartz veins at surface. The Lynx Gold Zone and its 4 km extension to the Cheetah Gold Zone remains the company’s focus.

The 5-year $16.75M option to Kinross for a 65% interest in the project will enable Puma to significantly develop WB and increase its value with an influx of non-dilutive cash to advance exploration.

In December 2025, Kinross increased its stake in Puma to 14.8% (undiluted) from 9.8%. The continued participation of a major producer underscores the strategic importance of Puma's regional position. Kinross has committed $3M in the second year of its Option Agreement for the Williams Brook Gold Project. Kinross' Winter 2026 drilling at Williams Brook, targeting the Jaguar and Lion Gold Zones, is ongoing.

📈TSXV: PUMA | OTCQB: PUMXF 📈

#mining #exploration #gold #newbrunswick #investing #resourceinvesting #goldmining $PUMA.V @kinrossgold

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[Puma Exploration @ExplorationPuma]

Puma has an impressive portfolio of prospective gold landholdings strategically located near roads and infrastructure in Northern New Brunswick, including the Williams Brook Project and the McKenzie Gold Project. Both are located near the Rocky Brook Millstream Fault, 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.

📈TSXV: PUMA | OTCQB: PUMXF 📈

#mining #exploration #gold #newbrunswick #investing #resourceinvesting #goldmining $PUMA.V

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[Puma Exploration @ExplorationPuma]

The McKenzie Gold Project

Puma's 33,800 ha McKenzie Gold Project is easily accessible by paved highway and gravel roads and is located only 7 km west of the Company's Williams Brook Project (optioned to Kinross). It straddles the McKenzie Fault, a prominent structural feature associated with numerous occurrences of high-grade gold quartz veins, stockworks and breccias. Puma has confirmed 2 significant gold systems at McKenzie, the RIM Gold Vein and the Grog Area, located 30 km apart, that demonstrate the district-scale potential of the project.

📈TSXV: PUMA | OTCQB: PUMXF 📈

#mining #exploration #gold #newbrunswick #investing #resourceinvesting #goldmining $PUMA.V

Learn more: https://t.co/CceXt3mwQU

[Puma Exploration @ExplorationPuma]

The McKenzie Fault: The southern block, comprising 129 units and 2,812 hectares, secures approximately five additional kilometres of the McKenzie Fault-a major regional structure associated with high-grade gold veins, including the RIM Gold Vein $PUMA.V

https://t.co/DtkLkOXSB3

[Puma Exploration @ExplorationPuma]

Puma's 42,053 ha McKenzie Gold Project is easily accessible by paved highway and gravel roads and is located only 7 km west of the Company's Williams Brook Project (optioned to Kinross)

TSXV: PUMA | OTCQB: PUMXF

#mining #gold $PUMA.V

Learn more: https://t.co/QRU2x4L0v5

[Puma Exploration @ExplorationPuma]

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

📈TSXV: PUMA | OTCQB: PUMXF 📈

Learn more: https://t.co/QRU2x4L0v5

[Puma Exploration @ExplorationPuma]

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 ⛏️

📈TSXV: PUMA | OTCQB: PUMXF 📈

Learn more about us: https://t.co/QRU2x4L0v5