Puma Exploration has discovered further two mineralized lenses at Nicholas-Denys in New Brunswick. It has received up to 28.4 g/t gold, 697 g/t silver and 10% lead as grab samples during the present trenching campaign.
The available geological data has revealed the mineralization of gold, lead, silver and zinc along the Brook-Millstream-Rocky fault that has expanded over 750 m of strike length from Henry Lens.
The location of the first lens is 10 m towards the western part of the third NW-SE high-grade formation identified formerly this summer, which encountered up to 23.3 g/t gold and 2,090 g/t silver, and 200 m towards the eastern part of the Henry East Lens. The mineralization seems to be a huge sulphide zone of approximately 1 m thickness and 15 m length.
The second lens is situated 350 m towards Henry East Lens’ eastern part and is the near the prominent lens to the Haché Lens present along the similar favourable corridor. This lens is related to the EM-5 geophysical anomaly that is around 3.5 km long and connected with the Shaft and Haché lenses. The mineralization seems as huge sulphide fragments present in a wide zone of 50 cm continuing over 200 m.
The company conducted an exploration during 2011 summer that included trenching. It completed 5,000 m of long trenches between the Henry and Haché lenses. The identification of the structures that is rich in gold and silver has shown a main milestone to the fresh lenses discovery exhibiting same features to the Haché and Shaft lenses. The company has performed two drill campaigns, totaling 12 holes, wherein seven holes are situated on the Dante Lens. Five reconnaissance holes are situated on the similar E-W main fault zone. Puma is waiting for the results from the drill and channel samples.