Puma Exploration Intersects 5.11 g/t Au over 6.60 m, Including 66.10 g/t Au over 0.50 m at Lynx Gold Zone

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
Extracted
2026-09-14 18:53:55 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Puma Exploration announced high-grade gold drill results from its Lynx Gold Zone at the Williams Brook Gold Project, including 5.11 g/t Au over 6.60 m, which contained a bonanza intercept of 66.10 g/t Au over 0.50 m. The 2025 drilling program successfully extended the Lynx Gold Zone to 800 m along strike and 250 m vertical depth, confirming mineralization continuity at depth and into fresh rock. The company also reported that Kinross Gold Corp. increased its ownership stake in Puma to 14.8% through a $2 million equity investment.

Reasoning: Puma Exploration reported high-grade gold intercepts, including a bonanza grade of 66.10 g/t Au, which significantly extends the known mineralization at the Lynx Gold Zone. The drilling successfully confirmed continuity at depth and expanded the zone's footprint, indicating strong exploration success. QA/QC is well-disclosed, adding confidence to the results, though true widths are not provided.

Positive factors

  • High-grade gold intercept (66.10 g/t Au over 0.50 m) within a broader significant intercept (5.11 g/t Au over 6.60 m)
  • Extension of the Lynx Gold Zone footprint to 800 m along strike and 250 m vertical depth
  • Confirmation of mineralization continuity at depth and into fresh rock
  • Systematic step-out and confirmation program met all objectives
  • QA/QC procedures are disclosed, including certified lab and QP sign-off

Negative factors

  • Intervals are reported as downhole lengths, not true widths

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

Facts used in scoring: 45

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The intercept of 66.10 g/t Au over 0.50 m is exceptionally high-grade, well above the deposit-type norm for orogenic gold.

Evidence · table

“66.10”

Context: 0.50

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 that 'Intervals are downhole core lengths and not true widths' in the footnotes of both assay tables.

Evidence · text

“Intervals are downhole core lengths and not true widths”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The program is described as a 'systematic step-out' and successfully extended the Lynx Gold Zone footprint to the southwest and at greater depths.

Evidence · text

“The extension of the Lynx Gold Zone ("LGZ") footprint to the southwest and at greater depths constitutes a noteworthy development”

QA/QC Disclosedpositive

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

Why it applies: The release details QA/QC procedures, including the use of ALS Chemex, certified gold standards, blanks, and follow-up analyses like gravity finish, Photon, and metallic screen, with a Qualified Person sign-off.

Evidence · text

“On-site Quality Assurance/Quality Control (QA/QC) Measures Drill cores are bagged, sealed, and sent to ALS Chemex in Moncton, N.B., where each sample is crushed and pulped before being fire-assayed Au-AA26 and ME-MS61. The remaining coarse reject portions of the samples are stored for further work or verification as needed. As part of its QA/QC program, the Company aims for a minimum rate of 7-8% of external certified gold standards (ranging from low to high grade) and blanks in each batch of samples submitted to the lab. Any sample returning 3g/t Au is analyzed using a gravity finish (Au-GRA22). Photon and metallic screen analyses were performed on selected samples. Qualified Person The scientific and technical content of this press release has been prepared, reviewed, and approved by Mr. Dominique Gagné, P.Geo., Vice President of Exploration, who is a "Qualified Person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program is described as a 'confirmation program' which aims to confirm the continuity of mineralization at depth.

Evidence · text

“The systematic step-out and confirmation program met all of its objectives: 1. successfully intersecting the favourable rhyolite/sediment contact; 2. confirming the continuity of mineralization at depth”

Cut-off Undisclosednegative

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

Why it applies: The document mentions 'Composites are calculated as length-weighted averages over contiguous samples' but does not state the cut-off grade used for reporting intervals.

Evidence · text

“Composites are calculated as length-weighted averages over contiguous samples.”

Extracted facts

Stored fact records: 45. Some facts used in scoring do not have a stored record.

Drill Results (45)

WB25-176Williams Brook · goldGrade: 0.19Grade Unit: g/tIntercept: 21.81 mView all details
Link to this fact

Identity

Hole ID
WB25-176
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.19
Grade Unit
g/t
Intercept
21.81 m
From
122.19 m
To
144 m
Intercept Depth
122.19 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-176:122.19-144
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a low grade for an orogenic gold deposit, indicating limited economic significance for this specific interval, though it contributes to the overall understanding of the mineralized zone.

Negative factors

  • Low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.19”

Context: 21.81

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-176Williams Brook · goldGrade: 0.69Grade Unit: g/tIntercept: 2.06 mView all details
Link to this fact

Identity

Hole ID
WB25-176
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.69
Grade Unit
g/t
Intercept
2.06 m
From
122.19 m
To
124.25 m
Intercept Depth
122.19 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-176:122.19-124.25
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This sub-interval shows a low grade, which is not particularly material for an orogenic gold deposit, but provides detail within the broader mineralized zone.

Negative factors

  • Low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.69”

Context: 2.06

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-176Williams Brook · goldGrade: 1.34Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-176
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.34
Grade Unit
g/t
Intercept
0.5 m
From
123.75 m
To
124.25 m
Intercept Depth
122.19 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-176:123.75-124.25
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.34”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-176Williams Brook · goldGrade: 0.42Grade Unit: g/tIntercept: 6 mView all details
Link to this fact

Identity

Hole ID
WB25-176
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.42
Grade Unit
g/t
Intercept
6 m
From
138 m
To
144 m
Intercept Depth
122.19 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-176:138-144
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a low grade for an orogenic gold deposit, indicating limited economic significance for this specific interval.

Negative factors

  • Low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.42”

Context: 6.00

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-176Williams Brook · goldGrade: 1.13Grade Unit: g/tIntercept: 0.67 mView all details
Link to this fact

Identity

Hole ID
WB25-176
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.13
Grade Unit
g/t
Intercept
0.67 m
From
139.33 m
To
140 m
Intercept Depth
122.19 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-176:139.33-140
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.13”

Context: 0.67

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-176Williams Brook · goldGrade: 1.42Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
WB25-176
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.42
Grade Unit
g/t
Intercept
1.1 m
From
142.9 m
To
144 m
Intercept Depth
122.19 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-176:142.9-144
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.42”

Context: 1.10

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-177Williams Brook · goldGrade: 0.21Grade Unit: g/tIntercept: 0.85 mView all details
Link to this fact

Identity

Hole ID
WB25-177
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.21
Grade Unit
g/t
Intercept
0.85 m
From
54.95 m
To
55.8 m
Intercept Depth
54.95 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-177:54.95-55.8
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a very low grade over a narrow width, indicating minimal economic significance.

Negative factors

  • Very low grade for orogenic gold deposit type
  • Narrow width
  • Interval reported as downhole length, not true width

Evidence · table

“0.21”

Context: 0.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-178Williams Brook · goldGrade: 0.49Grade Unit: g/tIntercept: 13.1 mView all details
Link to this fact

Identity

Hole ID
WB25-178
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.49
Grade Unit
g/t
Intercept
13.1 m
From
55.95 m
To
69.05 m
Intercept Depth
55.95 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-178:55.95-69.05
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a low grade for an orogenic gold deposit, indicating limited economic significance for this specific interval.

Negative factors

  • Low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.49”

Context: 13.10

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-178Williams Brook · goldGrade: 2.16Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-178
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
2.16
Grade Unit
g/t
Intercept
0.5 m
From
55.95 m
To
56.45 m
Intercept Depth
55.95 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-178:55.95-56.45
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is below the moderate threshold for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“2.16”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-178Williams Brook · goldGrade: 4.59Grade Unit: g/tIntercept: 1.15 mView all details
Link to this fact

Identity

Hole ID
WB25-178
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
4.59
Grade Unit
g/t
Intercept
1.15 m
From
67.9 m
To
69.05 m
Intercept Depth
55.95 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-178:67.9-69.05
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow intercept shows a moderate grade for an orogenic gold deposit, contributing positively to the overall understanding of the zone.

Positive factors

  • Moderate grade for orogenic gold deposit type

Negative factors

  • Narrow width
  • Interval reported as downhole length, not true width

Evidence · table

“4.59”

Context: 1.15

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-178Williams Brook · goldGrade: 6.97Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
WB25-178
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
6.97
Grade Unit
g/t
Intercept
0.6 m
From
68.45 m
To
69.05 m
Intercept Depth
55.95 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-178:68.45-69.05
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a strong grade for an orogenic gold deposit, indicating a high-grade component within the broader zone.

Positive factors

  • Strong grade for orogenic gold deposit type

Negative factors

  • Narrow width
  • Interval reported as downhole length, not true width

Evidence · table

“6.97”

Context: 0.60

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-181Williams Brook · goldGrade: 5.11Grade Unit: g/tIntercept: 6.6 mView all details
Link to this fact

Identity

Hole ID
WB25-181
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
5.11
Grade Unit
g/t
Intercept
6.6 m
From
352.4 m
To
359 m
Intercept Depth
352.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-181:352.4-359
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept represents a strong grade over a significant width, with an exceptional grade-thickness product, and confirms deep mineralization, making it highly material and novel.

Positive factors

  • Strong grade for orogenic gold deposit type
  • Significant width
  • Exceptional grade-thickness product (33.73 g/t·m)
  • Deepest visible gold occurrence drilled to date, confirming mineralization at depth

Negative factors

  • Interval reported as downhole length, not true width

Evidence · table

“5.11”

Context: 6.60

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-181Williams Brook · goldGrade: 18.7Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
WB25-181
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
18.7
Grade Unit
g/t
Intercept
1.8 m
From
355.2 m
To
357 m
Intercept Depth
352.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-181:355.2-357
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional grade over a moderate width, contributing significantly to the overall high-grade nature of the main intercept and confirming deep mineralization.

Positive factors

  • Exceptional grade for orogenic gold deposit type
  • Strong grade-thickness product (33.66 g/t·m)

Negative factors

  • Interval reported as downhole length, not true width

Evidence · table

“18.70”

Context: 1.80

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-181Williams Brook · goldGrade: 66.1Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-181
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
66.1
Grade Unit
g/t
Intercept
0.5 m
From
355.2 m
To
355.7 m
Intercept Depth
352.4 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-181:355.2-355.7
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This bonanza-grade intercept, despite its narrow width, is highly material and novel, representing the deepest visible gold occurrence and a significant high-grade component within the broader zone.

Positive factors

  • Bonanza grade for orogenic gold deposit type
  • Exceptional grade-thickness product (33.05 g/t·m)
  • Deepest visible gold occurrence drilled to date

Negative factors

  • Narrow width
  • Interval reported as downhole length, not true width

Evidence · table

“66.10”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-182Williams Brook · goldGrade: 0.22Grade Unit: g/tIntercept: 5.1 mView all details
Link to this fact

Identity

Hole ID
WB25-182
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.22
Grade Unit
g/t
Intercept
5.1 m
From
183.01 m
To
188.11 m
Intercept Depth
183.01 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-182:183.01-188.11
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a very low grade, indicating minimal economic significance for this specific interval.

Negative factors

  • Very low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.22”

Context: 5.10

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-182Williams Brook · goldGrade: 1.22Grade Unit: g/tIntercept: 0.84 mView all details
Link to this fact

Identity

Hole ID
WB25-182
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.22
Grade Unit
g/t
Intercept
0.84 m
From
184.9 m
To
185.74 m
Intercept Depth
183.01 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-182:184.9-185.74
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.22”

Context: 0.84

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-183Williams Brook · goldGrade: 1.88Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
WB25-183
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.88
Grade Unit
g/t
Intercept
1 m
From
193 m
To
194 m
Intercept Depth
193 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-183:193-194
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow intercept shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.88”

Context: 1.00

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-184Williams Brook · goldGrade: 0.18Grade Unit: g/tIntercept: 9.29 mView all details
Link to this fact

Identity

Hole ID
WB25-184
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.18
Grade Unit
g/t
Intercept
9.29 m
From
183.69 m
To
192.98 m
Intercept Depth
183.69 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-184:183.69-192.98
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a very low grade, indicating minimal economic significance for this specific interval.

Negative factors

  • Very low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.18”

Context: 9.29

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-184Williams Brook · goldGrade: 0.33Grade Unit: g/tIntercept: 3.2 mView all details
Link to this fact

Identity

Hole ID
WB25-184
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.33
Grade Unit
g/t
Intercept
3.2 m
From
189.78 m
To
192.98 m
Intercept Depth
183.69 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-184:189.78-192.98
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This sub-interval shows a very low grade, indicating minimal economic significance.

Negative factors

  • Very low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.33”

Context: 3.20

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-184Williams Brook · goldGrade: 1.23Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-184
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.23
Grade Unit
g/t
Intercept
0.5 m
From
192.48 m
To
192.98 m
Intercept Depth
183.69 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-184:192.48-192.98
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.23”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-185Williams Brook · goldGrade: 0.66Grade Unit: g/tIntercept: 2.21 mView all details
Link to this fact

Identity

Hole ID
WB25-185
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.66
Grade Unit
g/t
Intercept
2.21 m
From
151.79 m
To
154 m
Intercept Depth
151.79 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-185:151.79-154
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a low grade, indicating limited economic significance for this specific interval.

Negative factors

  • Low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.66”

Context: 2.21

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-185Williams Brook · goldGrade: 2.31Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-185
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
2.31
Grade Unit
g/t
Intercept
0.5 m
From
151.79 m
To
152.29 m
Intercept Depth
151.79 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-185:151.79-152.29
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is below the moderate threshold for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“2.31”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-185Williams Brook · goldGrade: 1.48Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-185
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.48
Grade Unit
g/t
Intercept
0.5 m
From
185.55 m
To
186.05 m
Intercept Depth
151.79 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-185:185.55-186.05
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.48”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-185Williams Brook · goldGrade: 0.88Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-185
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.88
Grade Unit
g/t
Intercept
0.5 m
From
204.35 m
To
204.85 m
Intercept Depth
151.79 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-185:204.35-204.85
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a low grade, indicating minimal economic significance.

Negative factors

  • Narrow width
  • Low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.88”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-186Williams Brook · goldGrade: 0.3Grade Unit: g/tIntercept: 0.74 mView all details
Link to this fact

Identity

Hole ID
WB25-186
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
0.74 m
From
210.21 m
To
210.95 m
Intercept Depth
210.21 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-186:210.21-210.95
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a very low grade over a narrow width, indicating minimal economic significance.

Negative factors

  • Very low grade for orogenic gold deposit type
  • Narrow width
  • Interval reported as downhole length, not true width

Evidence · table

“0.30”

Context: 0.74

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-187Williams Brook · goldGrade: 0.76Grade Unit: g/tIntercept: 11.35 mView all details
Link to this fact

Identity

Hole ID
WB25-187
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.76
Grade Unit
g/t
Intercept
11.35 m
From
200.65 m
To
212 m
Intercept Depth
200.65 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-187:200.65-212
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a low grade for an orogenic gold deposit, indicating limited economic significance for this specific interval.

Negative factors

  • Low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.76”

Context: 11.35

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-187Williams Brook · goldGrade: 1.71Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
WB25-187
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.71
Grade Unit
g/t
Intercept
4.5 m
From
201.84 m
To
206.34 m
Intercept Depth
200.65 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-187:201.84-206.34
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This sub-interval shows a grade that is below the moderate threshold for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.71”

Context: 4.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-187Williams Brook · goldGrade: 3.47Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-187
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
3.47
Grade Unit
g/t
Intercept
0.5 m
From
201.84 m
To
202.34 m
Intercept Depth
200.65 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-187:201.84-202.34
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a moderate grade for an orogenic gold deposit, contributing positively to the overall understanding of the zone.

Positive factors

  • Moderate grade for orogenic gold deposit type

Negative factors

  • Narrow width
  • Interval reported as downhole length, not true width

Evidence · table

“3.47”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-187Williams Brook · goldGrade: 1.8Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-187
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.8
Grade Unit
g/t
Intercept
0.5 m
From
202.84 m
To
203.34 m
Intercept Depth
200.65 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-187:202.84-203.34
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.80”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-187Williams Brook · goldGrade: 7.46Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-187
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
7.46
Grade Unit
g/t
Intercept
0.5 m
From
204.84 m
To
205.34 m
Intercept Depth
200.65 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-187:204.84-205.34
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a strong grade for an orogenic gold deposit, indicating a high-grade component within the broader zone.

Positive factors

  • Strong grade for orogenic gold deposit type

Negative factors

  • Narrow width
  • Interval reported as downhole length, not true width

Evidence · table

“7.46”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-187Williams Brook · goldGrade: 1.9Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-187
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.9
Grade Unit
g/t
Intercept
0.5 m
From
205.84 m
To
206.34 m
Intercept Depth
200.65 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-187:205.84-206.34
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.90”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-188Williams Brook · goldGrade: 1.82Grade Unit: g/tIntercept: 7.85 mView all details
Link to this fact

Identity

Hole ID
WB25-188
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.82
Grade Unit
g/t
Intercept
7.85 m
From
136.25 m
To
144.1 m
Intercept Depth
136.25 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-188:136.25-144.1
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a grade that is below the moderate threshold for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.82”

Context: 7.85

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-188Williams Brook · goldGrade: 27.3Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-188
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
27.3
Grade Unit
g/t
Intercept
0.5 m
From
136.25 m
To
136.75 m
Intercept Depth
136.25 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-188:136.25-136.75
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows an exceptional grade, indicating a significant high-grade component within the broader zone.

Positive factors

  • Exceptional grade for orogenic gold deposit type
  • Strong grade-thickness product (13.65 g/t·m)

Negative factors

  • Narrow width
  • Interval reported as downhole length, not true width

Evidence · table

“27.30”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-188Williams Brook · goldGrade: 0.43Grade Unit: g/tIntercept: 9.15 mView all details
Link to this fact

Identity

Hole ID
WB25-188
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.43
Grade Unit
g/t
Intercept
9.15 m
From
165.75 m
To
174.9 m
Intercept Depth
136.25 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-188:165.75-174.9
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a low grade, indicating limited economic significance for this specific interval.

Negative factors

  • Low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.43”

Context: 9.15

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-188Williams Brook · goldGrade: 0.45Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
WB25-188
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.45
Grade Unit
g/t
Intercept
2 m
From
165.75 m
To
167.75 m
Intercept Depth
136.25 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-188:165.75-167.75
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This sub-interval shows a low grade, indicating minimal economic significance.

Negative factors

  • Low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.45”

Context: 2.00

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-188Williams Brook · goldGrade: 0.79Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-188
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.79
Grade Unit
g/t
Intercept
0.5 m
From
167.25 m
To
167.75 m
Intercept Depth
136.25 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-188:167.25-167.75
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a low grade, indicating minimal economic significance.

Negative factors

  • Narrow width
  • Low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.79”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-188Williams Brook · goldGrade: 1.03Grade Unit: g/tIntercept: 2.9 mView all details
Link to this fact

Identity

Hole ID
WB25-188
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
2.9 m
From
172 m
To
174.9 m
Intercept Depth
136.25 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-188:172-174.9
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.03”

Context: 2.90

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-188Williams Brook · goldGrade: 3.23Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-188
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
3.23
Grade Unit
g/t
Intercept
0.5 m
From
172.9 m
To
173.4 m
Intercept Depth
136.25 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-188:172.9-173.4
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a moderate grade for an orogenic gold deposit, contributing positively to the overall understanding of the zone.

Positive factors

  • Moderate grade for orogenic gold deposit type

Negative factors

  • Narrow width
  • Interval reported as downhole length, not true width

Evidence · table

“3.23”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-189Williams Brook · goldGrade: 0.32Grade Unit: g/tIntercept: 6.2 mView all details
Link to this fact

Identity

Hole ID
WB25-189
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.32
Grade Unit
g/t
Intercept
6.2 m
From
236.2 m
To
242.4 m
Intercept Depth
236.2 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-189:236.2-242.4
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a very low grade, indicating minimal economic significance for this specific interval.

Negative factors

  • Very low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.32”

Context: 6.20

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-189Williams Brook · goldGrade: 1.33Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-189
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.33
Grade Unit
g/t
Intercept
0.5 m
From
236.7 m
To
237.2 m
Intercept Depth
236.2 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-189:236.7-237.2
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.33”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-189Williams Brook · goldGrade: 1.98Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
WB25-189
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.98
Grade Unit
g/t
Intercept
0.6 m
From
240 m
To
240.6 m
Intercept Depth
236.2 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-189:240-240.6
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.98”

Context: 0.60

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-190Williams Brook · goldGrade: 0.62Grade Unit: g/tIntercept: 11.6 mView all details
Link to this fact

Identity

Hole ID
WB25-190
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
0.62
Grade Unit
g/t
Intercept
11.6 m
From
43.6 m
To
55.2 m
Intercept Depth
43.6 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-190:43.6-55.2
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This intercept shows a low grade, indicating limited economic significance for this specific interval.

Negative factors

  • Low grade for orogenic gold deposit type
  • Interval reported as downhole length, not true width

Evidence · table

“0.62”

Context: 11.60

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-190Williams Brook · goldGrade: 1.05Grade Unit: g/tIntercept: 6.4 mView all details
Link to this fact

Identity

Hole ID
WB25-190
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.05
Grade Unit
g/t
Intercept
6.4 m
From
43.6 m
To
50 m
Intercept Depth
43.6 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-190:43.6-50
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This sub-interval shows a grade that is below the moderate threshold for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.05”

Context: 6.40

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-190Williams Brook · goldGrade: 1.49Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
WB25-190
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
1.49
Grade Unit
g/t
Intercept
0.5 m
From
43.6 m
To
44.1 m
Intercept Depth
43.6 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-190:43.6-44.1
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow sub-interval shows a grade that is not particularly high for an orogenic gold deposit, limiting its individual materiality.

Negative factors

  • Narrow width
  • Grade is below moderate for orogenic gold
  • Interval reported as downhole length, not true width

Evidence · table

“1.49”

Context: 0.50

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

WB25-190Williams Brook · goldGrade: 4.09Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
WB25-190
Project
Williams Brook
Commodity
gold
Region
canada_nb
Reported Region
canada_nb
Ticker
PUMA

Geometry

Grade
4.09
Grade Unit
g/t
Intercept
1 m
From
48.1 m
To
49.1 m
Intercept Depth
43.6 m

Classification

Deposit Type
orogenic
Program
mixed
Sample Type
drill
Group ID
WB25-190:48.1-49.1
Mining Method
unknown

Location

Location
Lynx Gold Zone
Loc. Source
document

QA/QC

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

Metal Equivalent

Assumptions Disclosed
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-02-04T00:00:00.000Z

Reasoning: This narrow intercept shows a moderate grade for an orogenic gold deposit and contributes to expanding the mineralized envelope, adding positive materiality.

Positive factors

  • Moderate grade for orogenic gold deposit type
  • Expanded the known mineralized envelope 50 m to the SW

Negative factors

  • Narrow width
  • Interval reported as downhole length, not true width

Evidence · table

“4.09”

Context: 1.00

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

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "This optimized drill orientation identified high-grade gold shoots within a broader mineralized envelope, including the "

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.