Puma Exploration has mobilised a second drill at its McKenzie Gold Project in northern New Brunswick, Canada.
This move follows the commencement of the company’s initial 2,500m drill programme at the high-grade RIM Gold Zone (RIM) on 17 November 2025.
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Grab sampling conducted at the RIM in 2024 and 2025 returned notable gold grades, reaching up to 601.33 grams per tonne (g/t) gold.
The quartz vein system at RIM is defined by a shear vein to the south, which is mineralised along nearly its entire strike length, and an array of northern extension veins spanning roughly 35m in width.
This RIM zone remains open in all directions.
The McKenzie Gold Project covers more than 33,660 hectares and straddles the McKenzie Fault, a structural feature linked to numerous gold-bearing quartz veins, stockworks and breccias.
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By GlobalDataThe first drill is targeting the continuous south-west segment of the shear vein, where 2024 surface sampling returned the highest gold grades to date.
Eight short holes have been drilled so far, with a combined total of less than 300m.
These initial holes have intersected mineralised quartz veins with disseminated sulphides within mudstone units.
Hole MK25-03 intersected a quartz vein containing several (four to five) small grains of visible gold.
So far, only preliminary quick logging of the drill core has been performed on-site.
Puma stated that the core is scheduled for transport to its regional coreshack in Saint-Quentin for detailed logging and sampling, prior to being dispatched to the laboratory for assaying.
A second drill has been mobilised to a newly stripped area in the northern section of the RIM Gold Zone.
This phase aims to evaluate the extent and continuity of the extension veins beneath the surface.
The initial drilling programme with the second rig will focus on short holes, approximately 25–50m deep.
In October 2024, Kinross Gold signed an option agreement with Puma Exploration to expand its exploration efforts in Canada.
