# Puma Exploration's Inaugural Drilling Confirms High-Grade Gold System at McKenzie

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e

Original source: https://money.tmx.com/en/quote/PUMA/news/5154352228441871/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi

Publisher: tmx

Original announcement: 2026-07-21T12:05:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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 18:38:56 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Puma Exploration announced high-grade gold assay results from its inaugural 2,721-metre diamond drilling program at the RIM Gold Zone of its McKenzie Gold Project in Northern New Brunswick. The program intersected bonanza grades up to 42.60 g/t Au over 0.25 m, confirming the extension of surface discoveries at depth and laterally. The company noted significant delays in receiving assay results from MSALABS, leading to a decision to work with another service provider moving forward.

Reasoning: Puma Exploration's inaugural drilling program at the McKenzie Gold Project successfully confirmed high-grade gold mineralization in multiple shear and extension vein structures, extending the known system at depth and laterally. The presence of bonanza grades and visible gold is highly positive for this early-stage exploration, validating the geological model and setting the stage for deeper drilling. However, assay delays from one lab are a notable negative.

- Positive factor: Multiple high-grade gold intercepts confirm the presence of a significant gold system at depth.

- Positive factor: The drilling validated the geological model and provides a stronger technical foundation for deeper drilling.

- Positive factor: The program successfully extended the known gold mineralization at depth and laterally.

- Positive factor: Visible gold was observed in several high-grade intercepts, indicating robust mineralization.

- Negative factor: The true width of the mineralization is unknown, which may overstate apparent lengths.

- Negative factor: Significant delays were experienced in receiving assay results from one of the laboratories, raising concerns about lab performance and communication.

Facts used in scoring: 100

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

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

Why it applies: The intercept of 42.60 g/t Au over 0.25 m in MK25-20 significantly exceeds the exceptional threshold for orogenic gold deposits \(5 g/t Au\).

Evidence · table

> 42.60

Context: 0.25

**Bonanza Intercept**

Polarity: positive

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

Why it applies: The intercept of 21.86 g/t Au over 0.30 m in MK25-26 significantly exceeds the exceptional threshold for orogenic gold deposits \(5 g/t Au\).

Evidence · table

> 21.86

Context: 0.30

**Bonanza Intercept**

Polarity: positive

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

Why it applies: The intercept of 15.55 g/t Au over 0.30 m in MK25-41 significantly exceeds the exceptional threshold for orogenic gold deposits \(5 g/t Au\).

Evidence · table

> 15.55

Context: 0.30

**Bonanza Intercept**

Polarity: positive

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

Why it applies: The intercept of 13.41 g/t Au over 0.25 m in MK25-26 significantly exceeds the exceptional threshold for orogenic gold deposits \(5 g/t Au\).

Evidence · table

> 13.41

Context: 0.25

**Bonanza Intercept**

Polarity: positive

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

Why it applies: The intercept of 12.65 g/t Au over 0.25 m in MK25-09 significantly exceeds the exceptional threshold for orogenic gold deposits \(5 g/t Au\).

Evidence · table

> 12.65

Context: 0.25

**Bonanza Intercept**

Polarity: positive

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

Why it applies: The intercept of 12.60 g/t Au over 0.30 m in MK25-05 significantly exceeds the exceptional threshold for orogenic gold deposits \(5 g/t Au\).

Evidence · table

> 12.60

Context: 0.30

**Apparent Width Only**

Polarity: negative

Definition: 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 'Reported intervals are downhole core lengths. The true width of the mineralization is unknown.'

Evidence · text

> Reported intervals are downhole core lengths. The true width of the mineralization is unknown.

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: The release includes detailed QA/QC measures, mentioning certified labs \(ALS Canada Ltd, MSALABS\), QP sign-off, and methods like blanks, standards, and check assays.

Evidence · text

> ON-SITE QUALITY ASSURANCE/QUALITY CONTROL \(QA/QC\) MEASURES The NQ-sized core is cut in half lengthwise, with one half bagged, sealed and submitted for analysis. Samples for the ten \(10\) first drill holes \(MK25-01-MK25-10\) were submitted to ALS Canada Ltd in Moncton, New Brunswick, where each sample is crushed and pulverized before fire assay analysis for gold using method Au-AA24. Samples returning greater than 10.0 g/t Au were re-analyzed using a gravity finish method \(Au-GRA22\). Samples from the remaining thirty-three \(33\) drill holes were submitted to MSALABS in Val-d'Or, Québec, where each sample was prepared and analyzed for gold using PhotonAssay™ method Au-PA01. For all samples, the remaining half-core and coarse-reject material are securely stored for future reference, additional analysis, or verification, as required. As part of the Company's QA/QC program, certified reference materials and blanks are inserted into each sample batch at a target insertion rate of approximately 7-8%. Where warranted, including in samples containing visible gold, PhotonAssay™ analysis may be requested. Metallic screen analysis using the Au-SCR26 method is also conducted on selected high-grade samples to better assess the effects of coarse gold. Detailed descriptions of the analytical procedures are available on the respective laboratories' websites.

**Deleterious Elements Present**

Polarity: negative

Definition: A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: Visible gold is mentioned in several high-grade intercepts, which can lead to 'nugget effect' and require specific analytical methods like metallic screen analysis to ensure accurate assay results.

Evidence · text

> Where warranted, including in samples containing visible gold, PhotonAssay™ analysis may be requested. Metallic screen analysis using the Au-SCR26 method is also conducted on selected high-grade samples to better assess the effects of coarse gold.

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: The company expressed extreme disappointment with MSALAB's lack of responsiveness and performance regarding assay result delays, indicating a breakdown in QA/QC communication and reliability for a portion of the samples.

Evidence · text

> We are extremely disappointed with MSALAB's lack of responsiveness and performance. We will be working with another service provider moving forward .

## Extracted facts

Stored fact records: 100. Some facts used in scoring do not have a stored record.

## Drill Results (100)

### MK25-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-0)

McKenzie · gold

#### Identity

- Hole ID: MK25-20
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 42.6
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 33.25 m
- To: 33.5 m
- Hole Depth: 68 m
- Intercept Depth: 33.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-20:33.25-33.5
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634634
- Northing: 5267518
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 150 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows an exceptionally high gold grade, well above bonanza thresholds for orogenic deposits, and includes visible gold, confirming significant mineralization at depth. However, the narrow width and unknown true width temper its overall materiality.

- Positive factor: Exceptional gold grade \(42.60 g/t\) significantly exceeds the bonanza threshold for orogenic gold deposits.

- Positive factor: Visible gold was noted in the sample, indicating high-grade mineralization.

- Positive factor: This intercept confirms the presence of high-grade gold in shear vein structures at depth.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the high grade.

Evidence · table

> 42.60

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-26

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-1)

McKenzie · gold

#### Identity

- Hole ID: MK25-26
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 21.86
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 33.35 m
- To: 33.65 m
- Hole Depth: 86 m
- Intercept Depth: 33.35 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-26:33.35-33.65
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634626
- Northing: 5267497
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very high gold grade, well above bonanza thresholds, and includes visible gold, confirming significant mineralization. However, the narrow width and unknown true width temper its overall materiality.

- Positive factor: Very high gold grade \(21.86 g/t\) exceeds the bonanza threshold for orogenic gold deposits.

- Positive factor: Visible gold was noted in the sample, indicating strong mineralization.

- Positive factor: This intercept confirms high-grade gold in shear vein structures.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.30 m\) limits its overall impact despite the high grade.

Evidence · table

> 21.86

Context: 0.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-41

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-2)

McKenzie · gold

#### Identity

- Hole ID: MK25-41
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 15.55
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 106.4 m
- To: 106.7 m
- Hole Depth: 152 m
- Intercept Depth: 106.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-41:106.4-106.7
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634559
- Northing: 5267560
- CRS: NAD83 UTM zone 19
- Elevation: 306 m
- Azimuth: 110 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a high gold grade, confirming significant mineralization at depth. The narrow width and unknown true width are limiting factors for overall materiality.

- Positive factor: High gold grade \(15.55 g/t\) exceeds the bonanza threshold for orogenic gold deposits.

- Positive factor: This intercept confirms high-grade gold in shear vein structures at a deeper level \(106.4 m downhole\).

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.30 m\) limits its overall impact despite the high grade.

Evidence · table

> 15.55

Context: 0.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-26

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-3)

McKenzie · gold

#### Identity

- Hole ID: MK25-26
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 13.41
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 43.5 m
- To: 43.75 m
- Hole Depth: 86 m
- Intercept Depth: 33.35 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-26:43.5-43.75
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634626
- Northing: 5267497
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a high gold grade, confirming significant mineralization. The narrow width and unknown true width are limiting factors for overall materiality.

- Positive factor: High gold grade \(13.41 g/t\) is strong for an orogenic gold deposit.

- Positive factor: Visible gold was noted in the sample, indicating strong mineralization.

- Positive factor: This intercept confirms high-grade gold in shear vein structures.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the high grade.

Evidence · table

> 13.41

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-09

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-4)

McKenzie · gold

#### Identity

- Hole ID: MK25-09
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 12.65
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 17.6 m
- To: 17.85 m
- Hole Depth: 35 m
- Intercept Depth: 11.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-09:17.6-17.85
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634663
- Northing: 5267527
- CRS: NAD83 UTM zone 19
- Elevation: 299 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a high gold grade, confirming significant mineralization. The narrow width and unknown true width are limiting factors for overall materiality.

- Positive factor: High gold grade \(12.65 g/t\) is strong for an orogenic gold deposit.

- Positive factor: This intercept confirms high-grade gold in shear vein structures.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the high grade.

Evidence · table

> 12.65

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-5)

McKenzie · gold

#### Identity

- Hole ID: MK25-05
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 12.6
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 11.5 m
- To: 11.8 m
- Hole Depth: 38 m
- Intercept Depth: 11.5 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-05:11.5-11.8
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634653
- Northing: 5267508
- CRS: NAD83 UTM zone 19
- Elevation: 298 m
- Azimuth: 150 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a high gold grade, confirming significant mineralization. The narrow width and unknown true width are limiting factors for overall materiality.

- Positive factor: High gold grade \(12.60 g/t\) is strong for an orogenic gold deposit.

- Positive factor: This intercept confirms high-grade gold in shear vein structures.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.30 m\) limits its overall impact despite the high grade.

Evidence · table

> 12.60

Context: 0.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-35

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-6)

McKenzie · gold

#### Identity

- Hole ID: MK25-35
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 5.35
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 83.3 m
- To: 83.55 m
- Hole Depth: 104 m
- Intercept Depth: 74.3 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-35:83.3-83.55
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634586
- Northing: 5267550
- CRS: NAD83 UTM zone 19
- Elevation: 306 m
- Azimuth: 110 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade with visible gold, confirming mineralization. The narrow width and unknown true width are limiting factors for overall materiality.

- Positive factor: Strong gold grade \(5.35 g/t\) for an orogenic gold deposit.

- Positive factor: Visible gold was noted in the sample, indicating strong mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the high grade.

Evidence · table

> 5.35

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-01

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-7)

McKenzie · gold

#### Identity

- Hole ID: MK25-01
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 4.11
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 23 m
- To: 23.25 m
- Hole Depth: 29 m
- Intercept Depth: 17 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-01:23-23.25
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634654
- Northing: 5267508
- CRS: NAD83 UTM zone 19
- Elevation: 298 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade, confirming mineralization. The narrow width and unknown true width are limiting factors for overall materiality.

- Positive factor: Moderate gold grade \(4.11 g/t\) for an orogenic gold deposit.

- Positive factor: This intercept confirms gold mineralization in an extension vein.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the high grade.

Evidence · table

> 4.11

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-34

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-8)

McKenzie · gold

#### Identity

- Hole ID: MK25-34
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 3.6
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 22.25 m
- To: 22.5 m
- Hole Depth: 42 m
- Intercept Depth: 20.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-34:22.25-22.5
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634678
- Northing: 5267564
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade with visible gold, confirming mineralization. The narrow width and unknown true width are limiting factors for overall materiality.

- Positive factor: Moderate gold grade \(3.60 g/t\) for an orogenic gold deposit.

- Positive factor: Visible gold was noted in the sample, indicating strong mineralization.

- Positive factor: This intercept confirms gold mineralization in an extension vein.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the high grade.

Evidence · table

> 3.60

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-9)

McKenzie · gold

#### Identity

- Hole ID: MK25-15
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 3.27
- Grade Unit: g/t
- Intercept: 0.35 m
- From: 32.45 m
- To: 32.8 m
- Hole Depth: 84 m
- Intercept Depth: 31.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-15:32.45-32.8
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634689
- Northing: 5267640
- CRS: NAD83 UTM zone 19
- Elevation: 309 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade, confirming mineralization. The narrow width and unknown true width are limiting factors for overall materiality.

- Positive factor: Moderate gold grade \(3.27 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.35 m\) limits its overall impact despite the high grade.

Evidence · table

> 3.27

Context: 0.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-40

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-10)

McKenzie · gold

#### Identity

- Hole ID: MK25-40
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 3.25
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 19.95 m
- To: 20.2 m
- Hole Depth: 42 m
- Intercept Depth: 11.85 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-40:19.95-20.2
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634671
- Northing: 5267545
- CRS: NAD83 UTM zone 19
- Elevation: 300 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade, confirming mineralization. The narrow width and unknown true width are limiting factors for overall materiality.

- Positive factor: Moderate gold grade \(3.25 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the high grade.

Evidence · table

> 3.25

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-16

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-11)

McKenzie · gold

#### Identity

- Hole ID: MK25-16
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 3.16
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 21.4 m
- To: 21.65 m
- Hole Depth: 62 m
- Intercept Depth: 21.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-16:21.4-21.65
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634689
- Northing: 5267604
- CRS: NAD83 UTM zone 19
- Elevation: 307 m
- Azimuth: 150 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade, confirming mineralization. The narrow width and unknown true width are limiting factors for overall materiality.

- Positive factor: Moderate gold grade \(3.16 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the high grade.

Evidence · table

> 3.16

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-01

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-12)

McKenzie · gold

#### Identity

- Hole ID: MK25-01
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 6.25 m
- From: 17 m
- To: 23.25 m
- Hole Depth: 29 m
- Intercept Depth: 17 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-01:17-23.25
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634654
- Northing: 5267508
- CRS: NAD83 UTM zone 19
- Elevation: 298 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a moderate width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(6.25 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.20 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.20

Context: 6.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-13)

McKenzie · gold

#### Identity

- Hole ID: MK25-02
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.26
- Grade Unit: g/t
- Intercept: 4.9 m
- From: 19.9 m
- To: 24.8 m
- Hole Depth: 38 m
- Intercept Depth: 19.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-02:19.9-24.8
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634653
- Northing: 5267508
- CRS: NAD83 UTM zone 19
- Elevation: 298 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a moderate width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(4.90 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.26 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.26

Context: 4.90

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-02

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-14)

McKenzie · gold

#### Identity

- Hole ID: MK25-02
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.24
- Grade Unit: g/t
- Intercept: 0.35 m
- From: 20.85 m
- To: 21.2 m
- Hole Depth: 38 m
- Intercept Depth: 19.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-02:20.85-21.2
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634653
- Northing: 5267508
- CRS: NAD83 UTM zone 19
- Elevation: 298 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.24 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.35 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.24

Context: 0.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-03

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-15)

McKenzie · gold

#### Identity

- Hole ID: MK25-03
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 8.75 m
- From: 14.65 m
- To: 23.4 m
- Hole Depth: 28.5 m
- Intercept Depth: 14.65 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-03:14.65-23.4
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634649
- Northing: 5267506
- CRS: NAD83 UTM zone 19
- Elevation: 298 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a moderate width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(8.75 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.20 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.20

Context: 8.75

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-03

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-16)

McKenzie · gold

#### Identity

- Hole ID: MK25-03
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 2.98
- Grade Unit: g/t
- Intercept: 0.45 m
- From: 14.65 m
- To: 15.1 m
- Hole Depth: 28.5 m
- Intercept Depth: 14.65 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-03:14.65-15.1
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634649
- Northing: 5267506
- CRS: NAD83 UTM zone 19
- Elevation: 298 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade with visible gold over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(2.98 g/t\) for an orogenic gold deposit.

- Positive factor: Visible gold was noted in the sample, indicating strong mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.45 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 2.98

Context: 0.45

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-05

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-17)

McKenzie · gold

#### Identity

- Hole ID: MK25-05
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.44
- Grade Unit: g/t
- Intercept: 10.9 m
- From: 11.5 m
- To: 22.4 m
- Hole Depth: 38 m
- Intercept Depth: 11.5 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-05:11.5-22.4
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634653
- Northing: 5267508
- CRS: NAD83 UTM zone 19
- Elevation: 298 m
- Azimuth: 150 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a good width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(10.90 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.44 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.44

Context: 10.90

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-06

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-18)

McKenzie · gold

#### Identity

- Hole ID: MK25-06
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 1.9 m
- From: 12.1 m
- To: 14 m
- Hole Depth: 35 m
- Intercept Depth: 12.1 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-06:12.1-14
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634646
- Northing: 5267493
- CRS: NAD83 UTM zone 19
- Elevation: 298 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a narrow width, confirming mineralization but with no economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.11 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.11

Context: 1.90

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-07

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-19)

McKenzie · gold

#### Identity

- Hole ID: MK25-07
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.35
- Grade Unit: g/t
- Intercept: 0.35 m
- From: 9.85 m
- To: 10.2 m
- Hole Depth: 31 m
- Intercept Depth: 9.85 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-07:9.85-10.2
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634647
- Northing: 5267493
- CRS: NAD83 UTM zone 19
- Elevation: 298 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.35 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.35 m\) limits its overall impact.

Evidence · table

> 0.35

Context: 0.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-08

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-20)

McKenzie · gold

#### Identity

- Hole ID: MK25-08
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.18
- Grade Unit: g/t
- Intercept: 5.8 m
- From: 11 m
- To: 16.8 m
- Hole Depth: 28.5 m
- Intercept Depth: 11 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-08:11-16.8
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634664
- Northing: 5267528
- CRS: NAD83 UTM zone 19
- Elevation: 299 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a moderate width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(5.80 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.18 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.18

Context: 5.80

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-08

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-21)

McKenzie · gold

#### Identity

- Hole ID: MK25-08
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 0.65 m
- From: 16.15 m
- To: 16.8 m
- Hole Depth: 28.5 m
- Intercept Depth: 11 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-08:16.15-16.8
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634664
- Northing: 5267528
- CRS: NAD83 UTM zone 19
- Elevation: 299 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.00 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.65 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.00

Context: 0.65

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-09

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-22)

McKenzie · gold

#### Identity

- Hole ID: MK25-09
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.65
- Grade Unit: g/t
- Intercept: 9.35 m
- From: 11.25 m
- To: 20.6 m
- Hole Depth: 35 m
- Intercept Depth: 11.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-09:11.25-20.6
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634663
- Northing: 5267527
- CRS: NAD83 UTM zone 19
- Elevation: 299 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a good width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(9.35 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.65 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.65

Context: 9.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-09

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-23)

McKenzie · gold

#### Identity

- Hole ID: MK25-09
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.65
- Grade Unit: g/t
- Intercept: 3.3 m
- From: 14.55 m
- To: 17.85 m
- Hole Depth: 35 m
- Intercept Depth: 11.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-09:14.55-17.85
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634663
- Northing: 5267527
- CRS: NAD83 UTM zone 19
- Elevation: 299 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a moderate width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.65 g/t\) for an orogenic gold deposit.

- Positive factor: The intercept length \(3.30 m\) indicates some continuity of mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 1.65

Context: 3.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-09

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-24)

McKenzie · gold

#### Identity

- Hole ID: MK25-09
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 2.51
- Grade Unit: g/t
- Intercept: 0.65 m
- From: 14.55 m
- To: 15.2 m
- Hole Depth: 35 m
- Intercept Depth: 11.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-09:14.55-15.2
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634663
- Northing: 5267527
- CRS: NAD83 UTM zone 19
- Elevation: 299 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(2.51 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.65 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 2.51

Context: 0.65

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-10

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-25)

McKenzie · gold

#### Identity

- Hole ID: MK25-10
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.35
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 15.2 m
- To: 16 m
- Hole Depth: 71 m
- Intercept Depth: 15.2 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-10:15.2-16
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634700
- Northing: 5267622
- CRS: NAD83 UTM zone 19
- Elevation: 309 m
- Azimuth: 150 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.35 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.80 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.35

Context: 0.80

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-26)

McKenzie · gold

#### Identity

- Hole ID: MK25-11
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.18
- Grade Unit: g/t
- Intercept: 15.8 m
- From: 36.9 m
- To: 52.7 m
- Hole Depth: 80 m
- Intercept Depth: 36.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-11:36.9-52.7
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634643
- Northing: 5267535
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 150 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a good width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(15.80 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.18 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.18

Context: 15.80

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-27)

McKenzie · gold

#### Identity

- Hole ID: MK25-11
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.56
- Grade Unit: g/t
- Intercept: 3.4 m
- From: 36.9 m
- To: 40.3 m
- Hole Depth: 80 m
- Intercept Depth: 36.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-11:36.9-40.3
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634643
- Northing: 5267535
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 150 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a moderate width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Weak gold grade \(0.56 g/t\) for an orogenic gold deposit.

- Positive factor: The intercept length \(3.40 m\) indicates some continuity of mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.56

Context: 3.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-28)

McKenzie · gold

#### Identity

- Hole ID: MK25-11
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.48
- Grade Unit: g/t
- Intercept: 0.95 m
- From: 36.9 m
- To: 37.85 m
- Hole Depth: 80 m
- Intercept Depth: 36.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-11:36.9-37.85
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634643
- Northing: 5267535
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 150 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.48 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.95 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.48

Context: 0.95

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-11

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-29)

McKenzie · gold

#### Identity

- Hole ID: MK25-11
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.23
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 40.05 m
- To: 40.3 m
- Hole Depth: 80 m
- Intercept Depth: 36.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-11:40.05-40.3
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634643
- Northing: 5267535
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 150 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.23 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.23

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-30)

McKenzie · gold

#### Identity

- Hole ID: MK25-12
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 20.15 m
- From: 15.45 m
- To: 35.6 m
- Hole Depth: 90 m
- Intercept Depth: 15.45 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-12:15.45-35.6
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634698
- Northing: 5267622
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a good width, confirming mineralization but with no economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(20.15 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.11 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.11

Context: 20.15

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-31)

McKenzie · gold

#### Identity

- Hole ID: MK25-12
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.34
- Grade Unit: g/t
- Intercept: 3.9 m
- From: 15.45 m
- To: 19.35 m
- Hole Depth: 90 m
- Intercept Depth: 15.45 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-12:15.45-19.35
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634698
- Northing: 5267622
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a moderate width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Weak gold grade \(0.34 g/t\) for an orogenic gold deposit.

- Positive factor: The intercept length \(3.90 m\) indicates some continuity of mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.34

Context: 3.90

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-32)

McKenzie · gold

#### Identity

- Hole ID: MK25-12
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 2.02
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 17.4 m
- To: 17.65 m
- Hole Depth: 90 m
- Intercept Depth: 15.45 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-12:17.4-17.65
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634698
- Northing: 5267622
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(2.02 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 2.02

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-12

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-33)

McKenzie · gold

#### Identity

- Hole ID: MK25-12
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.58
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 19.1 m
- To: 19.35 m
- Hole Depth: 90 m
- Intercept Depth: 15.45 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-12:19.1-19.35
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634698
- Northing: 5267622
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.58 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.58

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-13

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-34)

McKenzie · gold

#### Identity

- Hole ID: MK25-13
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 1.45 m
- From: 32.4 m
- To: 33.85 m
- Hole Depth: 35.5 m
- Intercept Depth: 32.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-13:32.4-33.85
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634636
- Northing: 5267517
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.30 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(1.45 m\) limits its overall impact.

Evidence · table

> 0.30

Context: 1.45

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-13

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-35)

McKenzie · gold

#### Identity

- Hole ID: MK25-13
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.25
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 32.4 m
- To: 32.65 m
- Hole Depth: 35.5 m
- Intercept Depth: 32.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-13:32.4-32.65
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634636
- Northing: 5267517
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.25 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.25

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-14

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-36)

McKenzie · gold

#### Identity

- Hole ID: MK25-14
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.19
- Grade Unit: g/t
- Intercept: 6.65 m
- From: 33.35 m
- To: 40 m
- Hole Depth: 68 m
- Intercept Depth: 33.35 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-14:33.35-40
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634635
- Northing: 5267517
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a moderate width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(6.65 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.19 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.19

Context: 6.65

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-37)

McKenzie · gold

#### Identity

- Hole ID: MK25-15
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 32.85 m
- From: 31.4 m
- To: 64.25 m
- Hole Depth: 84 m
- Intercept Depth: 31.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-15:31.4-64.25
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634689
- Northing: 5267640
- CRS: NAD83 UTM zone 19
- Elevation: 309 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a good width, confirming mineralization but with no economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(32.85 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.10 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.10

Context: 32.85

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-38)

McKenzie · gold

#### Identity

- Hole ID: MK25-15
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.02
- Grade Unit: g/t
- Intercept: 1.4 m
- From: 31.4 m
- To: 32.8 m
- Hole Depth: 84 m
- Intercept Depth: 31.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-15:31.4-32.8
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634689
- Northing: 5267640
- CRS: NAD83 UTM zone 19
- Elevation: 309 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.02 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(1.40 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.02

Context: 1.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-39)

McKenzie · gold

#### Identity

- Hole ID: MK25-15
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 7 m
- From: 45.1 m
- To: 52.1 m
- Hole Depth: 84 m
- Intercept Depth: 31.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-15:45.1-52.1
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634689
- Northing: 5267640
- CRS: NAD83 UTM zone 19
- Elevation: 309 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a moderate width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(7.00 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.20 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.20

Context: 7.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-15

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-40)

McKenzie · gold

#### Identity

- Hole ID: MK25-15
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.93
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 49.75 m
- To: 50 m
- Hole Depth: 84 m
- Intercept Depth: 31.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-15:49.75-50
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634689
- Northing: 5267640
- CRS: NAD83 UTM zone 19
- Elevation: 309 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.93 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.93

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-16

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-41)

McKenzie · gold

#### Identity

- Hole ID: MK25-16
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.24
- Grade Unit: g/t
- Intercept: 9.8 m
- From: 21.4 m
- To: 31.2 m
- Hole Depth: 62 m
- Intercept Depth: 21.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-16:21.4-31.2
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634689
- Northing: 5267604
- CRS: NAD83 UTM zone 19
- Elevation: 307 m
- Azimuth: 150 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a good width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(9.80 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.24 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.24

Context: 9.80

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-17

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-42)

McKenzie · gold

#### Identity

- Hole ID: MK25-17
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 12.9 m
- From: 41 m
- To: 53.9 m
- Hole Depth: 83 m
- Intercept Depth: 41 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-17:41-53.9
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634633
- Northing: 5267517
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a good width, confirming mineralization but with no economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(12.90 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.11 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.11

Context: 12.90

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-17

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-43)

McKenzie · gold

#### Identity

- Hole ID: MK25-17
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.16
- Grade Unit: g/t
- Intercept: 5.75 m
- From: 41 m
- To: 46.75 m
- Hole Depth: 83 m
- Intercept Depth: 41 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-17:41-46.75
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634633
- Northing: 5267517
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a moderate width, confirming mineralization but with no economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(5.75 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.16 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.16

Context: 5.75

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-18

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-44)

McKenzie · gold

#### Identity

- Hole ID: MK25-18
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.1
- Grade Unit: g/t
- Intercept: 15.35 m
- From: 14.65 m
- To: 30 m
- Hole Depth: 78 m
- Intercept Depth: 14.65 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-18:14.65-30
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634689
- Northing: 5267605
- CRS: NAD83 UTM zone 19
- Elevation: 307 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a good width, confirming mineralization but with no economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(15.35 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.10 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.10

Context: 15.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-18

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-45)

McKenzie · gold

#### Identity

- Hole ID: MK25-18
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 2.3 m
- From: 25.8 m
- To: 28.1 m
- Hole Depth: 78 m
- Intercept Depth: 14.65 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-18:25.8-28.1
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634689
- Northing: 5267605
- CRS: NAD83 UTM zone 19
- Elevation: 307 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a narrow width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(2.30 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.20 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.20

Context: 2.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-46)

McKenzie · gold

#### Identity

- Hole ID: MK25-19
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.14
- Grade Unit: g/t
- Intercept: 25.75 m
- From: 29.95 m
- To: 55.7 m
- Hole Depth: 69 m
- Intercept Depth: 29.95 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-19:29.95-55.7
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634679
- Northing: 5267623
- CRS: NAD83 UTM zone 19
- Elevation: 308 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a good width, confirming mineralization but with no economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(25.75 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.14 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.14

Context: 25.75

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-47)

McKenzie · gold

#### Identity

- Hole ID: MK25-19
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 2.22
- Grade Unit: g/t
- Intercept: 0.35 m
- From: 29.95 m
- To: 30.3 m
- Hole Depth: 69 m
- Intercept Depth: 29.95 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-19:29.95-30.3
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634679
- Northing: 5267623
- CRS: NAD83 UTM zone 19
- Elevation: 308 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(2.22 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.35 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 2.22

Context: 0.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-19

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-48)

McKenzie · gold

#### Identity

- Hole ID: MK25-19
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.19
- Grade Unit: g/t
- Intercept: 4.2 m
- From: 51.5 m
- To: 55.7 m
- Hole Depth: 69 m
- Intercept Depth: 29.95 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-19:51.5-55.7
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634679
- Northing: 5267623
- CRS: NAD83 UTM zone 19
- Elevation: 308 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a narrow width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(4.20 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.19 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.19

Context: 4.20

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-49)

McKenzie · gold

#### Identity

- Hole ID: MK25-20
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.64
- Grade Unit: g/t
- Intercept: 20.1 m
- From: 20.9 m
- To: 41 m
- Hole Depth: 68 m
- Intercept Depth: 20.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-20:20.9-41
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634634
- Northing: 5267518
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 150 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a good width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(20.10 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.64 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.64

Context: 20.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-50)

McKenzie · gold

#### Identity

- Hole ID: MK25-20
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.64
- Grade Unit: g/t
- Intercept: 7.75 m
- From: 33.25 m
- To: 41 m
- Hole Depth: 68 m
- Intercept Depth: 20.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-20:33.25-41
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634634
- Northing: 5267518
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 150 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.64 g/t\) for an orogenic gold deposit.

- Positive factor: The intercept length \(7.75 m\) indicates good continuity of mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 1.64

Context: 7.75

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-51)

McKenzie · gold

#### Identity

- Hole ID: MK25-20
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 3.65
- Grade Unit: g/t
- Intercept: 3.3 m
- From: 33.25 m
- To: 36.55 m
- Hole Depth: 68 m
- Intercept Depth: 20.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-20:33.25-36.55
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634634
- Northing: 5267518
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 150 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a moderate width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(3.65 g/t\) for an orogenic gold deposit.

- Positive factor: The intercept length \(3.30 m\) indicates some continuity of mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 3.65

Context: 3.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-52)

McKenzie · gold

#### Identity

- Hole ID: MK25-20
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.94
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 33.5 m
- To: 33.9 m
- Hole Depth: 68 m
- Intercept Depth: 20.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-20:33.5-33.9
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634634
- Northing: 5267518
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 150 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.94 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.40 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.94

Context: 0.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-53)

McKenzie · gold

#### Identity

- Hole ID: MK25-20
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.61
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 36.3 m
- To: 36.55 m
- Hole Depth: 68 m
- Intercept Depth: 20.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-20:36.3-36.55
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634634
- Northing: 5267518
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 150 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.61 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.61

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-21

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-54)

McKenzie · gold

#### Identity

- Hole ID: MK25-21
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.17
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 22.95 m
- To: 23.45 m
- Hole Depth: 47 m
- Intercept Depth: 22.95 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-21:22.95-23.45
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634711
- Northing: 5267628
- CRS: NAD83 UTM zone 19
- Elevation: 308 m
- Azimuth: 150 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a narrow width, confirming mineralization but with no economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.17 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.50 m\) limits its overall impact.

Evidence · table

> 0.17

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-55)

McKenzie · gold

#### Identity

- Hole ID: MK25-22
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 9.6 m
- From: 44.55 m
- To: 54.15 m
- Hole Depth: 84 m
- Intercept Depth: 44.55 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-22:44.55-54.15
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634634
- Northing: 5267519
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 150 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a good width, confirming mineralization but with no economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(9.60 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.12 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.12

Context: 9.60

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-56)

McKenzie · gold

#### Identity

- Hole ID: MK25-22
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.99
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 44.55 m
- To: 44.85 m
- Hole Depth: 84 m
- Intercept Depth: 44.55 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-22:44.55-44.85
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634634
- Northing: 5267519
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 150 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.99 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.30 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.99

Context: 0.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-57)

McKenzie · gold

#### Identity

- Hole ID: MK25-22
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.26
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 51 m
- To: 51.5 m
- Hole Depth: 84 m
- Intercept Depth: 44.55 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-22:51-51.5
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634634
- Northing: 5267519
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 150 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.26 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.50 m\) limits its overall impact.

Evidence · table

> 0.26

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-22

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-58)

McKenzie · gold

#### Identity

- Hole ID: MK25-22
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 1 m
- From: 53.15 m
- To: 54.15 m
- Hole Depth: 84 m
- Intercept Depth: 44.55 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-22:53.15-54.15
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634634
- Northing: 5267519
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 150 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a narrow width, confirming mineralization but with no economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.12 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(1.00 m\) limits its overall impact.

Evidence · table

> 0.12

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-23

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-59)

McKenzie · gold

#### Identity

- Hole ID: MK25-23
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.24
- Grade Unit: g/t
- Intercept: 2.7 m
- From: 10.6 m
- To: 13.3 m
- Hole Depth: 45 m
- Intercept Depth: 10.6 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-23:10.6-13.3
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634710
- Northing: 5267629
- CRS: NAD83 UTM zone 19
- Elevation: 308 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a narrow width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(2.70 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.24 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.24

Context: 2.70

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-23

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-60)

McKenzie · gold

#### Identity

- Hole ID: MK25-23
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.78
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 10.6 m
- To: 11 m
- Hole Depth: 45 m
- Intercept Depth: 10.6 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-23:10.6-11
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634710
- Northing: 5267629
- CRS: NAD83 UTM zone 19
- Elevation: 308 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Weak gold grade \(0.78 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.40 m\) limits its overall impact despite the weak grade.

Evidence · table

> 0.78

Context: 0.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-23

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-61)

McKenzie · gold

#### Identity

- Hole ID: MK25-23
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.21
- Grade Unit: g/t
- Intercept: 1.05 m
- From: 12 m
- To: 13.05 m
- Hole Depth: 45 m
- Intercept Depth: 10.6 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-23:12-13.05
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634710
- Northing: 5267629
- CRS: NAD83 UTM zone 19
- Elevation: 308 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.21 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(1.05 m\) limits its overall impact.

Evidence · table

> 0.21

Context: 1.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-24

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-62)

McKenzie · gold

#### Identity

- Hole ID: MK25-24
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.88
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 60 m
- To: 60.3 m
- Hole Depth: 107 m
- Intercept Depth: 60 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-24:60-60.3
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634614
- Northing: 5267540
- CRS: NAD83 UTM zone 19
- Elevation: 306 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Weak gold grade \(0.88 g/t\) for an orogenic gold deposit.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.30 m\) limits its overall impact despite the weak grade.

Evidence · table

> 0.88

Context: 0.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-25

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-63)

McKenzie · gold

#### Identity

- Hole ID: MK25-25
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.24
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 15.2 m
- To: 15.6 m
- Hole Depth: 69 m
- Intercept Depth: 15.2 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-25:15.2-15.6
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634702
- Northing: 5267647
- CRS: NAD83 UTM zone 19
- Elevation: 309 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.24 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.40 m\) limits its overall impact.

Evidence · table

> 0.24

Context: 0.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-25

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-64)

McKenzie · gold

#### Identity

- Hole ID: MK25-25
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.45
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 23.2 m
- To: 23.45 m
- Hole Depth: 69 m
- Intercept Depth: 15.2 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-25:23.2-23.45
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634702
- Northing: 5267647
- CRS: NAD83 UTM zone 19
- Elevation: 309 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.45 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact.

Evidence · table

> 0.45

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-26

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-65)

McKenzie · gold

#### Identity

- Hole ID: MK25-26
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.38
- Grade Unit: g/t
- Intercept: 27.85 m
- From: 15.9 m
- To: 43.75 m
- Hole Depth: 86 m
- Intercept Depth: 15.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-26:15.9-43.75
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634626
- Northing: 5267497
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a good width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(27.85 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.38 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.38

Context: 27.85

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-26

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-66)

McKenzie · gold

#### Identity

- Hole ID: MK25-26
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.01
- Grade Unit: g/t
- Intercept: 10.4 m
- From: 33.35 m
- To: 43.75 m
- Hole Depth: 86 m
- Intercept Depth: 15.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-26:33.35-43.75
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634626
- Northing: 5267497
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a good width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.01 g/t\) for an orogenic gold deposit.

- Positive factor: The intercept length \(10.40 m\) indicates good continuity of mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 1.01

Context: 10.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-26

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-67)

McKenzie · gold

#### Identity

- Hole ID: MK25-26
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.51
- Grade Unit: g/t
- Intercept: 2.4 m
- From: 41.35 m
- To: 43.75 m
- Hole Depth: 86 m
- Intercept Depth: 15.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-26:41.35-43.75
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634626
- Northing: 5267497
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a moderate width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.51 g/t\) for an orogenic gold deposit.

- Positive factor: The intercept length \(2.40 m\) indicates some continuity of mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 1.51

Context: 2.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-27

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-68)

McKenzie · gold

#### Identity

- Hole ID: MK25-27
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.62
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 37.05 m
- To: 37.3 m
- Hole Depth: 84 m
- Intercept Depth: 37.05 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-27:37.05-37.3
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634667
- Northing: 5267614
- CRS: NAD83 UTM zone 19
- Elevation: 307 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade with visible gold over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Weak gold grade \(0.62 g/t\) for an orogenic gold deposit.

- Positive factor: Visible gold was noted in the sample, indicating strong mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the weak grade.

Evidence · table

> 0.62

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-27

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-69)

McKenzie · gold

#### Identity

- Hole ID: MK25-27
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.31
- Grade Unit: g/t
- Intercept: 1 m
- From: 59 m
- To: 60 m
- Hole Depth: 84 m
- Intercept Depth: 37.05 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-27:59-60
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634667
- Northing: 5267614
- CRS: NAD83 UTM zone 19
- Elevation: 307 m
- Azimuth: 150 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.31 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(1.00 m\) limits its overall impact.

Evidence · table

> 0.31

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-28

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-70)

McKenzie · gold

#### Identity

- Hole ID: MK25-28
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.75
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 41.6 m
- To: 41.9 m
- Hole Depth: 77 m
- Intercept Depth: 41.6 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-28:41.6-41.9
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634619
- Northing: 5267483
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.75 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.30 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.75

Context: 0.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-29

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-71)

McKenzie · gold

#### Identity

- Hole ID: MK25-29
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.32
- Grade Unit: g/t
- Intercept: 12 m
- From: 5 m
- To: 17 m
- Hole Depth: 47 m
- Intercept Depth: 5 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-29:5-17
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634685
- Northing: 5267579
- CRS: NAD83 UTM zone 19
- Elevation: 304 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a good width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(12.00 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at very shallow depth.

- Negative factor: The gold grade \(0.32 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.32

Context: 12.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-29

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-72)

McKenzie · gold

#### Identity

- Hole ID: MK25-29
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 3.15
- Grade Unit: g/t
- Intercept: 0.8 m
- From: 5 m
- To: 5.8 m
- Hole Depth: 47 m
- Intercept Depth: 5 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-29:5-5.8
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634685
- Northing: 5267579
- CRS: NAD83 UTM zone 19
- Elevation: 304 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(3.15 g/t\) for an orogenic gold deposit.

- Positive factor: Confirms gold mineralization at very shallow depth.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.80 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 3.15

Context: 0.80

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-30

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-73)

McKenzie · gold

#### Identity

- Hole ID: MK25-30
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.05
- Grade Unit: g/t
- Intercept: 0.25 m
- From: 33.65 m
- To: 33.9 m
- Hole Depth: 62 m
- Intercept Depth: 33.65 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-30:33.65-33.9
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634611
- Northing: 5267465
- CRS: NAD83 UTM zone 19
- Elevation: 301 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.05 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.25 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.05

Context: 0.25

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-31

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-74)

McKenzie · gold

#### Identity

- Hole ID: MK25-31
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 17.05 m
- From: 12.25 m
- To: 29.3 m
- Hole Depth: 39 m
- Intercept Depth: 12.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-31:12.25-29.3
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634684
- Northing: 5267579
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a good width, confirming mineralization but with no economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(17.05 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.11 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.11

Context: 17.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-31

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-75)

McKenzie · gold

#### Identity

- Hole ID: MK25-31
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.61
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 12.25 m
- To: 12.65 m
- Hole Depth: 39 m
- Intercept Depth: 12.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-31:12.25-12.65
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634684
- Northing: 5267579
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Weak gold grade \(0.61 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.40 m\) limits its overall impact despite the weak grade.

Evidence · table

> 0.61

Context: 0.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-31

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-76)

McKenzie · gold

#### Identity

- Hole ID: MK25-31
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.33
- Grade Unit: g/t
- Intercept: 0.45 m
- From: 13.85 m
- To: 14.3 m
- Hole Depth: 39 m
- Intercept Depth: 12.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-31:13.85-14.3
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634684
- Northing: 5267579
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.33 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.45 m\) limits its overall impact.

Evidence · table

> 0.33

Context: 0.45

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-31

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-77)

McKenzie · gold

#### Identity

- Hole ID: MK25-31
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.26
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 15.3 m
- To: 16 m
- Hole Depth: 39 m
- Intercept Depth: 12.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-31:15.3-16
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634684
- Northing: 5267579
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.26 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.70 m\) limits its overall impact.

Evidence · table

> 0.26

Context: 0.70

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-31

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-78)

McKenzie · gold

#### Identity

- Hole ID: MK25-31
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.34
- Grade Unit: g/t
- Intercept: 0.9 m
- From: 28.4 m
- To: 29.3 m
- Hole Depth: 39 m
- Intercept Depth: 12.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-31:28.4-29.3
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634684
- Northing: 5267579
- CRS: NAD83 UTM zone 19
- Elevation: 303 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.34 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.90 m\) limits its overall impact.

Evidence · table

> 0.34

Context: 0.90

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-32

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-79)

McKenzie · gold

#### Identity

- Hole ID: MK25-32
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.11
- Grade Unit: g/t
- Intercept: 12.65 m
- From: 28.25 m
- To: 40.9 m
- Hole Depth: 62 m
- Intercept Depth: 28.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-32:28.25-40.9
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634661
- Northing: 5267571
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a good width, confirming mineralization but with no economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(12.65 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.11 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.11

Context: 12.65

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-32

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-80)

McKenzie · gold

#### Identity

- Hole ID: MK25-32
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.27
- Grade Unit: g/t
- Intercept: 0.55 m
- From: 28.25 m
- To: 28.8 m
- Hole Depth: 62 m
- Intercept Depth: 28.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-32:28.25-28.8
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634661
- Northing: 5267571
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.27 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.55 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.27

Context: 0.55

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-32

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-81)

McKenzie · gold

#### Identity

- Hole ID: MK25-32
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.62
- Grade Unit: g/t
- Intercept: 0.4 m
- From: 40.5 m
- To: 40.9 m
- Hole Depth: 62 m
- Intercept Depth: 28.25 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-32:40.5-40.9
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634661
- Northing: 5267571
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Weak gold grade \(0.62 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.40 m\) limits its overall impact despite the weak grade.

Evidence · table

> 0.62

Context: 0.40

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-33

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-82)

McKenzie · gold

#### Identity

- Hole ID: MK25-33
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.17
- Grade Unit: g/t
- Intercept: 1.45 m
- From: 15.8 m
- To: 17.25 m
- Hole Depth: 38 m
- Intercept Depth: 15.8 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-33:15.8-17.25
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634679
- Northing: 5267564
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a narrow width, confirming mineralization but with no economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.17 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(1.45 m\) limits its overall impact.

Evidence · table

> 0.17

Context: 1.45

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-33

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-83)

McKenzie · gold

#### Identity

- Hole ID: MK25-33
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.38
- Grade Unit: g/t
- Intercept: 0.35 m
- From: 16.9 m
- To: 17.25 m
- Hole Depth: 38 m
- Intercept Depth: 15.8 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-33:16.9-17.25
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634679
- Northing: 5267564
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -45 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.38 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.35 m\) limits its overall impact.

Evidence · table

> 0.38

Context: 0.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-34

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-84)

McKenzie · gold

#### Identity

- Hole ID: MK25-34
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.62
- Grade Unit: g/t
- Intercept: 2.1 m
- From: 20.4 m
- To: 22.5 m
- Hole Depth: 42 m
- Intercept Depth: 20.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-34:20.4-22.5
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634678
- Northing: 5267564
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Weak gold grade \(0.62 g/t\) for an orogenic gold deposit.

- Positive factor: The intercept length \(2.10 m\) indicates some continuity of mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.62

Context: 2.10

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-35

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-85)

McKenzie · gold

#### Identity

- Hole ID: MK25-35
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.23
- Grade Unit: g/t
- Intercept: 15.05 m
- From: 74.3 m
- To: 89.35 m
- Hole Depth: 104 m
- Intercept Depth: 74.3 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-35:74.3-89.35
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634586
- Northing: 5267550
- CRS: NAD83 UTM zone 19
- Elevation: 306 m
- Azimuth: 110 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a good width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(15.05 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.23 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.23

Context: 15.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-35

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-86)

McKenzie · gold

#### Identity

- Hole ID: MK25-35
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.57
- Grade Unit: g/t
- Intercept: 5 m
- From: 80.15 m
- To: 85.15 m
- Hole Depth: 104 m
- Intercept Depth: 74.3 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-35:80.15-85.15
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634586
- Northing: 5267550
- CRS: NAD83 UTM zone 19
- Elevation: 306 m
- Azimuth: 110 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a moderate width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Weak gold grade \(0.57 g/t\) for an orogenic gold deposit.

- Positive factor: The intercept length \(5.00 m\) indicates some continuity of mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.57

Context: 5.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-35

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-87)

McKenzie · gold

#### Identity

- Hole ID: MK25-35
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.38
- Grade Unit: g/t
- Intercept: 1.85 m
- From: 83.3 m
- To: 85.15 m
- Hole Depth: 104 m
- Intercept Depth: 74.3 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-35:83.3-85.15
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634586
- Northing: 5267550
- CRS: NAD83 UTM zone 19
- Elevation: 306 m
- Azimuth: 110 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.38 g/t\) for an orogenic gold deposit.

- Positive factor: The intercept length \(1.85 m\) indicates some continuity of mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 1.38

Context: 1.85

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-35

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-88)

McKenzie · gold

#### Identity

- Hole ID: MK25-35
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 3.43
- Grade Unit: g/t
- Intercept: 0.55 m
- From: 83.3 m
- To: 83.85 m
- Hole Depth: 104 m
- Intercept Depth: 74.3 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-35:83.3-83.85
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634586
- Northing: 5267550
- CRS: NAD83 UTM zone 19
- Elevation: 306 m
- Azimuth: 110 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade with visible gold over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(3.43 g/t\) for an orogenic gold deposit.

- Positive factor: Visible gold was noted in the sample, indicating strong mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.55 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 3.43

Context: 0.55

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-36

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-89)

McKenzie · gold

#### Identity

- Hole ID: MK25-36
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 1 m
- From: 43 m
- To: 44 m
- Hole Depth: 65 m
- Intercept Depth: 43 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-36:43-44
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634651
- Northing: 5267555
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -55 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a narrow width, confirming mineralization but with no economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.12 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(1.00 m\) limits its overall impact.

Evidence · table

> 0.12

Context: 1.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-37

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-90)

McKenzie · gold

#### Identity

- Hole ID: MK25-37
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.17
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 50.5 m
- To: 51 m
- Hole Depth: 90 m
- Intercept Depth: 50.5 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-37:50.5-51
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634650
- Northing: 5267555
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a narrow width, confirming mineralization but with no economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.17 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.50 m\) limits its overall impact.

Evidence · table

> 0.17

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-38

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-91)

McKenzie · gold

#### Identity

- Hole ID: MK25-38
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 43.1 m
- To: 43.4 m
- Hole Depth: 92 m
- Intercept Depth: 43.1 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-38:43.1-43.4
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634610
- Northing: 5267464
- CRS: NAD83 UTM zone 19
- Elevation: 301 m
- Azimuth: 70 °
- Dip: -75 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a narrow width, confirming mineralization but with limited economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.20 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.30 m\) limits its overall impact.

Evidence · table

> 0.20

Context: 0.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-40

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-92)

McKenzie · gold

#### Identity

- Hole ID: MK25-40
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.22
- Grade Unit: g/t
- Intercept: 8.35 m
- From: 11.85 m
- To: 20.2 m
- Hole Depth: 42 m
- Intercept Depth: 11.85 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-40:11.85-20.2
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634671
- Northing: 5267545
- CRS: NAD83 UTM zone 19
- Elevation: 300 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a low gold grade over a good width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(8.35 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at shallow depth.

- Negative factor: The gold grade \(0.22 g/t\) is below the weak threshold for orogenic gold deposits, suggesting low economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.22

Context: 8.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-40

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-93)

McKenzie · gold

#### Identity

- Hole ID: MK25-40
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 1.54
- Grade Unit: g/t
- Intercept: 0.3 m
- From: 11.85 m
- To: 12.15 m
- Hole Depth: 42 m
- Intercept Depth: 11.85 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-40:11.85-12.15
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634671
- Northing: 5267545
- CRS: NAD83 UTM zone 19
- Elevation: 300 m
- Azimuth: 70 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(1.54 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.30 m\) limits its overall impact despite the moderate grade.

Evidence · table

> 1.54

Context: 0.30

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-41

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-94)

McKenzie · gold

#### Identity

- Hole ID: MK25-41
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.35
- Grade Unit: g/t
- Intercept: 17.2 m
- From: 93.7 m
- To: 110.9 m
- Hole Depth: 152 m
- Intercept Depth: 93.7 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-41:93.7-110.9
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634559
- Northing: 5267560
- CRS: NAD83 UTM zone 19
- Elevation: 306 m
- Azimuth: 110 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a good width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(17.20 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.35 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.35

Context: 17.20

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-41

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-95)

McKenzie · gold

#### Identity

- Hole ID: MK25-41
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.42
- Grade Unit: g/t
- Intercept: 13.35 m
- From: 93.7 m
- To: 107.05 m
- Hole Depth: 152 m
- Intercept Depth: 93.7 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-41:93.7-107.05
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634559
- Northing: 5267560
- CRS: NAD83 UTM zone 19
- Elevation: 306 m
- Azimuth: 110 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a good width, confirming mineralization but with limited economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(13.35 m\) indicates good continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.42 g/t\) is weak for an orogenic gold deposit, suggesting limited economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.42

Context: 13.35

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-41

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-96)

McKenzie · gold

#### Identity

- Hole ID: MK25-41
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 2.33
- Grade Unit: g/t
- Intercept: 2.15 m
- From: 104.9 m
- To: 107.05 m
- Hole Depth: 152 m
- Intercept Depth: 93.7 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-41:104.9-107.05
- Mining Method: underground

#### Location

- Location: RIM Gold Zone
- Easting: 634559
- Northing: 5267560
- CRS: NAD83 UTM zone 19
- Elevation: 306 m
- Azimuth: 110 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Moderate gold grade \(2.33 g/t\) for an orogenic gold deposit.

- Positive factor: The intercept length \(2.15 m\) indicates some continuity of mineralization.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 2.33

Context: 2.15

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-42

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-97)

McKenzie · gold

#### Identity

- Hole ID: MK25-42
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.15
- Grade Unit: g/t
- Intercept: 7 m
- From: 36.55 m
- To: 43.55 m
- Hole Depth: 61.5 m
- Intercept Depth: 36.55 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-42:36.55-43.55
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634644
- Northing: 5267535
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a moderate width, confirming mineralization but with no economic significance for an orogenic deposit. The unknown true width is a negative factor.

- Positive factor: The intercept length \(7.00 m\) indicates some continuity of mineralization.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.15 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

Evidence · table

> 0.15

Context: 7.00

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-42

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-98)

McKenzie · gold

#### Identity

- Hole ID: MK25-42
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.6
- Grade Unit: g/t
- Intercept: 0.5 m
- From: 36.55 m
- To: 37.05 m
- Hole Depth: 61.5 m
- Intercept Depth: 36.55 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-42:36.55-37.05
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634644
- Northing: 5267535
- CRS: NAD83 UTM zone 19
- Elevation: 302 m
- Azimuth: 70 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width, confirming mineralization. The unknown true width is a negative factor.

- Positive factor: Weak gold grade \(0.60 g/t\) for an orogenic gold deposit.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(0.50 m\) limits its overall impact despite the weak grade.

Evidence · table

> 0.60

Context: 0.50

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

### MK25-43

[Link to this fact](https://atlas-extractions.minestarters.com/news/puma-exploration-s-inaugural-drilling-confirms-high-grade-gold-system-at-mckenzi--e70fee9b-5513-43f1-a6c1-31f94eb8153e#fact-drill-facts-99)

McKenzie · gold

#### Identity

- Hole ID: MK25-43
- Project: McKenzie
- Commodity: gold
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: PUMA

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 1.05 m
- From: 93.05 m
- To: 94.1 m
- Hole Depth: 111 m
- Intercept Depth: 93.05 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Group ID: MK25-43:93.05-94.1
- Mining Method: open\_pit

#### Location

- Location: RIM Gold Zone
- Easting: 634612
- Northing: 5267628
- CRS: NAD83 UTM zone 19
- Elevation: 306 m
- Azimuth: 110 °
- Dip: -50 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Canada Ltd and MSALABS
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-21T00:00:00.000Z

Reasoning: This intercept shows a very low gold grade over a narrow width, confirming mineralization but with no economic significance. The unknown true width is a negative factor.

- Positive factor: Confirms gold mineralization at moderate depth.

- Negative factor: The gold grade \(0.12 g/t\) is very low, well below the weak threshold for orogenic gold deposits, suggesting no economic potential.

- Negative factor: The true width of the mineralization is unknown, potentially overstating the apparent length.

- Negative factor: The narrow intercept length \(1.05 m\) limits its overall impact.

Evidence · table

> 0.12

Context: 1.05

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: 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.