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

Original announcement by tmx on

Company
Puma Exploration Inc.
Ticker
PUMA
Exchange
TSX
Region
Northern New Brunswick
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Other
Extracted
2026-09-14 18:47:04 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Puma Exploration announced new drill results from Kinross Gold Corp's Winter 2026 campaign at the Williams Brook Gold Project in New Brunswick. Drilling at the Jaguar Gold Zone confirmed a broad gold system, with hole WB26-195 intersecting 0.45 g/t Au over 56.50 m, including 1.03 g/t Au over 16.0 m. At the Lion Gold Zone, initial drilling returned high-grade gold of 16.01 g/t Au over 0.50 m, confirming a new target. Kinross has launched a 2026 Summer Exploration Program to follow up on these results.

Reasoning: New drill results confirm a broad gold system at Jaguar with significant widths and moderate grades, and a new high-grade gold discovery at the Lion Gold Zone, leading to immediate follow-up exploration by Kinross. The results demonstrate significant potential for the Williams Brook Gold Project.

Positive factors

  • Broad gold system confirmed at Jaguar
  • High-grade gold mineralization discovered at new Lion Gold Zone
  • Kinross funding and launching follow-up exploration programs
  • QA/QC procedures disclosed
  • Compositing methodology transparent

Negative factors

  • True width of mineralization is unknown

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 34

Classification and evidence

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states: 'The true width of the mineralization is unknown and will require more drilling to estimate.'

Evidence · text

“The true width of the mineralization is unknown and will require more drilling to estimate.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a dedicated section titled 'ON-SITE QUALITY ASSURANCE/QUALITY CONTROL (QA/QC) MEASURES' detailing laboratory, certified reference materials, blanks, and various assay methods.

Evidence · text

“ON-SITE QUALITY ASSURANCE/QUALITY CONTROL (QA/QC) MEASURES”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Hole WB26-196 intersected 0.50 m at 16.01 g/t Au, which is above the 15 g/t exceptional threshold for orogenic gold in an underground mining context.

Evidence · table

“16.01”

Context: 71.16

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drilling campaign at Jaguar was designed to 'target extensions of known mineralization' and identify new structural and geophysical indicators.

Evidence · text

“The program tested the Jaguar system from different drilling orientations and targeted extensions of known mineralization, as well as identifying new structural and geophysical indicators.”

First-Pass Drillingpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The Lion Gold Zone results are from 'the first drilling ever conducted in the area', indicating a new discovery.

Evidence · text

“the first drilling ever conducted in the area”

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document explains that 'The length-weighted average was calculated using 0.0 g/t Au for this 2 m interval' for core loss and that 'When available, the gravity finish result is used in the composite calculation'.

Evidence · text

“The length-weighted average was calculated using 0.0 g/t Au for this 2 m interval. When samples return >3.0 g/t Au, they are also analyzed using a gravity-finish method (Au-GRA22). When available, the gravity finish result is used in the composite calculation.”

Extracted facts

Stored fact records: 34. Some facts used in scoring do not have a stored record.

Drill Results (34)

WB26-191Williams Brook · goldGrade: 0.03Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
WB26-191
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.03
Grade Unit
g/t
Intercept
0.6 m
From
106.96 m
To
107.56 m
Hole Depth
326 m
Intercept Depth
106.96 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-191:106.96-107.56
Mining Method
open_pit

Location

Location
Jaguar
Easting
661273
Northing
5264309
Elevation
489 m
Azimuth
61 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval, indicating limited mineralization.

Negative factors

  • Very low gold grade

Evidence · table

“0.03”

Context: WB26-191

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-192Williams Brook · goldGrade: 0.11Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-192
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.11
Grade Unit
g/t
Intercept
1 m
From
72 m
To
73 m
Hole Depth
323 m
Intercept Depth
72 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-192:72-73
Mining Method
open_pit

Location

Location
Jaguar
Easting
661536
Northing
5264558
Elevation
500 m
Azimuth
207 °
Dip
-46 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.11”

Context: WB26-192

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-192Williams Brook · goldGrade: 0.1Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-192
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
1 m
From
85 m
To
86 m
Hole Depth
323 m
Intercept Depth
72 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-192:85-86
Mining Method
open_pit

Location

Location
Jaguar
Easting
661536
Northing
5264558
Elevation
500 m
Azimuth
207 °
Dip
-46 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.10”

Context: 85.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-192Williams Brook · goldGrade: 0.23Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-192
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
1 m
From
100 m
To
101 m
Hole Depth
323 m
Intercept Depth
72 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-192:100-101
Mining Method
open_pit

Location

Location
Jaguar
Easting
661536
Northing
5264558
Elevation
500 m
Azimuth
207 °
Dip
-46 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.23”

Context: 100.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-192Williams Brook · goldGrade: 0.2Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-192
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.2
Grade Unit
g/t
Intercept
1 m
From
106 m
To
107 m
Hole Depth
323 m
Intercept Depth
72 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-192:106-107
Mining Method
open_pit

Location

Location
Jaguar
Easting
661536
Northing
5264558
Elevation
500 m
Azimuth
207 °
Dip
-46 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.20”

Context: 106.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-192Williams Brook · goldGrade: 0.41Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
WB26-192
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.41
Grade Unit
g/t
Intercept
5 m
From
129 m
To
134 m
Hole Depth
323 m
Intercept Depth
72 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-192:129-134
Mining Method
open_pit

Location

Location
Jaguar
Easting
661536
Northing
5264558
Elevation
500 m
Azimuth
207 °
Dip
-46 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a moderate width.

Positive factors

  • Weak gold grade

Evidence · table

“0.41”

Context: 129.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-192Williams Brook · goldGrade: 1.31Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-192
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.31
Grade Unit
g/t
Intercept
1 m
From
133 m
To
134 m
Hole Depth
323 m
Intercept Depth
72 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-192:133-134
Mining Method
open_pit

Location

Location
Jaguar
Easting
661536
Northing
5264558
Elevation
500 m
Azimuth
207 °
Dip
-46 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This sub-interval shows moderate gold grade over a narrow width.

Positive factors

  • Moderate gold grade

Negative factors

  • Narrow intercept width

Evidence · table

“1.31”

Context: 133.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-192Williams Brook · goldGrade: 0.13Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-192
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.13
Grade Unit
g/t
Intercept
1 m
From
144 m
To
145 m
Hole Depth
323 m
Intercept Depth
72 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-192:144-145
Mining Method
open_pit

Location

Location
Jaguar
Easting
661536
Northing
5264558
Elevation
500 m
Azimuth
207 °
Dip
-46 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.13”

Context: 144.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-192Williams Brook · goldGrade: 0.68Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-192
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.68
Grade Unit
g/t
Intercept
1 m
From
149 m
To
150 m
Hole Depth
323 m
Intercept Depth
72 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-192:149-150
Mining Method
open_pit

Location

Location
Jaguar
Easting
661536
Northing
5264558
Elevation
500 m
Azimuth
207 °
Dip
-46 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a narrow interval.

Positive factors

  • Weak gold grade

Negative factors

  • Narrow intercept width

Evidence · table

“0.68”

Context: 149.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-192Williams Brook · goldGrade: 0.57Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-192
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
1 m
From
155 m
To
156 m
Hole Depth
323 m
Intercept Depth
72 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-192:155-156
Mining Method
open_pit

Location

Location
Jaguar
Easting
661536
Northing
5264558
Elevation
500 m
Azimuth
207 °
Dip
-46 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a narrow interval.

Positive factors

  • Weak gold grade

Negative factors

  • Narrow intercept width

Evidence · table

“0.57”

Context: 155.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-192Williams Brook · goldGrade: 0.14Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
WB26-192
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.14
Grade Unit
g/t
Intercept
4 m
From
185 m
To
189 m
Hole Depth
323 m
Intercept Depth
72 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-192:185-189
Mining Method
open_pit

Location

Location
Jaguar
Easting
661536
Northing
5264558
Elevation
500 m
Azimuth
207 °
Dip
-46 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.14”

Context: 185.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-193Williams Brook · goldGrade: 0.09Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-193
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.09
Grade Unit
g/t
Intercept
1 m
From
213 m
To
214 m
Hole Depth
326 m
Intercept Depth
213 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-193:213-214
Mining Method
open_pit

Location

Location
Jaguar
Easting
661300
Northing
5264496
Elevation
507 m
Azimuth
119 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.09”

Context: WB26-193

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-194Williams Brook · goldGrade: 0.13Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-194
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.13
Grade Unit
g/t
Intercept
1 m
From
10 m
To
11 m
Hole Depth
167 m
Intercept Depth
10 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-194:10-11
Mining Method
open_pit

Location

Location
Jaguar
Easting
661458
Northing
5264422
Elevation
491.5 m
Azimuth
205 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.13”

Context: WB26-194

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-194Williams Brook · goldGrade: 0.2Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-194
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.2
Grade Unit
g/t
Intercept
1 m
From
15 m
To
16 m
Hole Depth
167 m
Intercept Depth
10 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-194:15-16
Mining Method
open_pit

Location

Location
Jaguar
Easting
661458
Northing
5264422
Elevation
491.5 m
Azimuth
205 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.20”

Context: 15.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-194Williams Brook · goldGrade: 0.6Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
WB26-194
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
2 m
From
21 m
To
23 m
Hole Depth
167 m
Intercept Depth
10 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-194:21-23
Mining Method
open_pit

Location

Location
Jaguar
Easting
661458
Northing
5264422
Elevation
491.5 m
Azimuth
205 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a narrow interval.

Positive factors

  • Weak gold grade

Negative factors

  • Narrow intercept width

Evidence · table

“0.60”

Context: 21.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-194Williams Brook · goldGrade: 0.29Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
WB26-194
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.29
Grade Unit
g/t
Intercept
2 m
From
37 m
To
39 m
Hole Depth
167 m
Intercept Depth
10 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-194:37-39
Mining Method
open_pit

Location

Location
Jaguar
Easting
661458
Northing
5264422
Elevation
491.5 m
Azimuth
205 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.29”

Context: 37.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-195Williams Brook · goldGrade: 0.3Grade Unit: g/tIntercept: 91.5 mView all details
Link to this fact

Identity

Hole ID
WB26-195
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
91.5 m
From
45 m
To
136.5 m
Hole Depth
218 m
Intercept Depth
45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-195:45-136.5
Mining Method
open_pit

Location

Location
Jaguar
Easting
661384
Northing
5264453
Elevation
492.1 m
Azimuth
120 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This broad interval of weak gold mineralization confirms a wider gold system at Jaguar, indicating significant scale potential.

Positive factors

  • Broad intercept width
  • Confirms wider gold system

Negative factors

  • Low gold grade

Evidence · table

“0.30”

Context: WB26-195

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-195Williams Brook · goldGrade: 0.45Grade Unit: g/tIntercept: 56.5 mView all details
Link to this fact

Identity

Hole ID
WB26-195
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
56.5 m
From
80 m
To
136.5 m
Hole Depth
218 m
Intercept Depth
45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-195:80-136.5
Mining Method
open_pit

Location

Location
Jaguar
Easting
661384
Northing
5264453
Elevation
492.1 m
Azimuth
120 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This continuous interval of weak gold mineralization within a broader system further supports the potential for a large-scale deposit at Jaguar.

Positive factors

  • Continuous intercept width
  • Confirms wider gold system

Negative factors

  • Low gold grade

Evidence · table

“0.45”

Context: 80.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-195Williams Brook · goldGrade: 0.62Grade Unit: g/tIntercept: 38 mView all details
Link to this fact

Identity

Hole ID
WB26-195
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.62
Grade Unit
g/t
Intercept
38 m
From
80 m
To
118 m
Hole Depth
218 m
Intercept Depth
45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-195:80-118
Mining Method
open_pit

Location

Location
Jaguar
Easting
661384
Northing
5264453
Elevation
492.1 m
Azimuth
120 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This strong continuity of weak gold mineralization over a significant width contributes to the understanding of the broad gold system.

Positive factors

  • Strong continuity of mineralization
  • Weak gold grade

Evidence · table

“0.62”

Context: 80.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-195Williams Brook · goldGrade: 1.03Grade Unit: g/tIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
WB26-195
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
16 m
From
87 m
To
103 m
Hole Depth
218 m
Intercept Depth
45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-195:87-103
Mining Method
open_pit

Location

Location
Jaguar
Easting
661384
Northing
5264453
Elevation
492.1 m
Azimuth
120 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This moderate grade gold mineralization over a moderate width is a positive indicator within the broader system.

Positive factors

  • Moderate gold grade
  • Moderate intercept width

Evidence · table

“1.03”

Context: 87.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-195Williams Brook · goldGrade: 1.43Grade Unit: g/tIntercept: 10 mView all details
Link to this fact

Identity

Hole ID
WB26-195
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.43
Grade Unit
g/t
Intercept
10 m
From
92 m
To
102 m
Hole Depth
218 m
Intercept Depth
45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-195:92-102
Mining Method
open_pit

Location

Location
Jaguar
Easting
661384
Northing
5264453
Elevation
492.1 m
Azimuth
120 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This moderate grade gold mineralization over a moderate width is a strong positive indicator for the Jaguar zone.

Positive factors

  • Moderate gold grade
  • Moderate intercept width

Evidence · table

“1.43”

Context: 92.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-195Williams Brook · goldGrade: 3.42Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-195
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
3.42
Grade Unit
g/t
Intercept
1 m
From
80 m
To
81 m
Hole Depth
218 m
Intercept Depth
45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-195:80-81
Mining Method
open_pit

Location

Location
Jaguar
Easting
661384
Northing
5264453
Elevation
492.1 m
Azimuth
120 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This exceptional high-grade gold intercept over a narrow interval highlights the presence of high-grade zones within the broader mineralization.

Positive factors

  • Exceptional gold grade

Negative factors

  • Narrow intercept width

Evidence · table

“3.42”

Context: 80.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-195Williams Brook · goldGrade: 2.44Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-195
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
2.44
Grade Unit
g/t
Intercept
1 m
From
87 m
To
88 m
Hole Depth
218 m
Intercept Depth
45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-195:87-88
Mining Method
open_pit

Location

Location
Jaguar
Easting
661384
Northing
5264453
Elevation
492.1 m
Azimuth
120 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This strong gold grade over a narrow interval indicates localized higher-grade mineralization.

Positive factors

  • Strong gold grade

Negative factors

  • Narrow intercept width

Evidence · table

“2.44”

Context: 87.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-195Williams Brook · goldGrade: 5.71Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-195
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
5.71
Grade Unit
g/t
Intercept
1 m
From
92 m
To
93 m
Hole Depth
218 m
Intercept Depth
45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-195:92-93
Mining Method
open_pit

Location

Location
Jaguar
Easting
661384
Northing
5264453
Elevation
492.1 m
Azimuth
120 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This exceptional high-grade gold intercept over a narrow interval is a significant positive within the broader mineralization.

Positive factors

  • Exceptional gold grade

Negative factors

  • Narrow intercept width

Evidence · table

“5.71”

Context: 92.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-195Williams Brook · goldGrade: 2.89Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-195
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
2.89
Grade Unit
g/t
Intercept
1 m
From
96 m
To
97 m
Hole Depth
218 m
Intercept Depth
45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-195:96-97
Mining Method
open_pit

Location

Location
Jaguar
Easting
661384
Northing
5264453
Elevation
492.1 m
Azimuth
120 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This strong gold grade over a narrow interval indicates localized higher-grade mineralization.

Positive factors

  • Strong gold grade

Negative factors

  • Narrow intercept width

Evidence · table

“2.89”

Context: 96.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-195Williams Brook · goldGrade: 2.13Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-195
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
2.13
Grade Unit
g/t
Intercept
1 m
From
100 m
To
101 m
Hole Depth
218 m
Intercept Depth
45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-195:100-101
Mining Method
open_pit

Location

Location
Jaguar
Easting
661384
Northing
5264453
Elevation
492.1 m
Azimuth
120 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This strong gold grade over a narrow interval indicates localized higher-grade mineralization.

Positive factors

  • Strong gold grade

Negative factors

  • Narrow intercept width

Evidence · table

“2.13”

Context: 100.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-195Williams Brook · goldGrade: 3.14Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB26-195
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
3.14
Grade Unit
g/t
Intercept
1 m
From
101 m
To
102 m
Hole Depth
218 m
Intercept Depth
45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-195:101-102
Mining Method
open_pit

Location

Location
Jaguar
Easting
661384
Northing
5264453
Elevation
492.1 m
Azimuth
120 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This exceptional high-grade gold intercept over a narrow interval is a significant positive within the broader mineralization.

Positive factors

  • Exceptional gold grade

Negative factors

  • Narrow intercept width

Evidence · table

“3.14”

Context: 101.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-196Williams Brook · goldGrade: 3.76Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
WB26-196
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
3.76
Grade Unit
g/t
Intercept
2 m
From
69.66 m
To
71.66 m
Hole Depth
149 m
Intercept Depth
69.66 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-196:69.66-71.66
Mining Method
unknown

Location

Location
Lion
Easting
663755
Northing
5268350
Elevation
425 m
Azimuth
324 °
Dip
-52 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This strong gold grade over a narrow interval is a significant positive for the newly drilled Lion Gold Zone.

Positive factors

  • Exceptional gold grade
  • Confirms new gold zone

Negative factors

  • Narrow intercept width

Evidence · table

“3.76”

Context: WB26-196

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-196Williams Brook · goldGrade: 16.01Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB26-196
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
16.01
Grade Unit
g/t
Intercept
0.5 m
From
71.16 m
To
71.66 m
Hole Depth
149 m
Intercept Depth
69.66 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-196:71.16-71.66
Mining Method
unknown

Location

Location
Lion
Easting
663755
Northing
5268350
Elevation
425 m
Azimuth
324 °
Dip
-52 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This bonanza high-grade gold intercept over a very narrow interval is a significant discovery for the new Lion Gold Zone, warranting further investigation.

Positive factors

  • Bonanza Intercept
  • Exceptional gold grade
  • Confirms new gold zone

Negative factors

  • Very narrow intercept width

Evidence · table

“16.01”

Context: 71.16

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-197Williams Brook · goldGrade: 0.13Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB26-197
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.13
Grade Unit
g/t
Intercept
0.5 m
From
97.5 m
To
98 m
Hole Depth
143 m
Intercept Depth
97.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-197:97.5-98
Mining Method
unknown

Location

Location
Lion
Easting
663648
Northing
5268281
Elevation
425 m
Azimuth
283.5 °
Dip
-53 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.13”

Context: WB26-197

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-197Williams Brook · goldGrade: 0.25Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB26-197
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.25
Grade Unit
g/t
Intercept
0.5 m
From
111.25 m
To
111.75 m
Hole Depth
143 m
Intercept Depth
97.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-197:111.25-111.75
Mining Method
unknown

Location

Location
Lion
Easting
663648
Northing
5268281
Elevation
425 m
Azimuth
283.5 °
Dip
-53 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.25”

Context: 111.25

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-198Williams Brook · goldGrade: 0.18Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
WB26-198
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.18
Grade Unit
g/t
Intercept
0.55 m
From
79 m
To
79.55 m
Hole Depth
218 m
Intercept Depth
79 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-198:79-79.55
Mining Method
unknown

Location

Location
Lion
Easting
663557
Northing
5268232
Elevation
425 m
Azimuth
286 °
Dip
-52 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a narrow interval.

Negative factors

  • Very low gold grade

Evidence · table

“0.18”

Context: WB26-198

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-198Williams Brook · goldGrade: 0.16Grade Unit: g/tIntercept: 17.8 mView all details
Link to this fact

Identity

Hole ID
WB26-198
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.16
Grade Unit
g/t
Intercept
17.8 m
From
130 m
To
147.8 m
Hole Depth
218 m
Intercept Depth
79 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-198:130-147.8
Mining Method
unknown

Location

Location
Lion
Easting
663557
Northing
5268232
Elevation
425 m
Azimuth
286 °
Dip
-52 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows very low gold grade over a moderate width.

Negative factors

  • Very low gold grade

Evidence · table

“0.16”

Context: 130.00

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WB26-198Williams Brook · goldGrade: 0.3Grade Unit: g/tIntercept: 4.3 mView all details
Link to this fact

Identity

Hole ID
WB26-198
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
4.3 m
From
135.7 m
To
140 m
Hole Depth
218 m
Intercept Depth
79 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
WB26-198:135.7-140
Mining Method
unknown

Location

Location
Lion
Easting
663557
Northing
5268232
Elevation
425 m
Azimuth
286 °
Dip
-52 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Canada Ltd
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-05-21T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a narrow interval.

Positive factors

  • Weak gold grade

Negative factors

  • Narrow intercept width

Evidence · table

“0.30”

Context: 135.70

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.