Puma Exploration Inc. Samples 6.5% Copper on DIAGNOS-CARDS Generated Targets on the Southern Part of the Turgeon Project in New Brunswick
Trench sampling results from the new copper discovery located 4km south of the Turgeon Cu-Zn Project in New Brunswick, Canada announced by Puma Exploration show a high grab sample grading of 6.5% Copper and 9.2 g/t Ag. The Turgeon East zone was identified in 2013 by doing prospective work on a CARDS-identified target which led to the discovery of grab samples grading up to 6.92% Cu approximately 4.0 kilometers south of the Powerline Cu-Zn Deposit (See Press Release dated February 26, 2013 for more detail). A follow-up trenching and stripping program was recently undertaken to define the size and shape of last year's Turgeon East discovery.
The recent stripping program uncovered a quartz vein ranging from 2 to 6 meters wide over a 60-meter strike length containing chalcopyrite and pyrite in a silicified gabbro. Seventeen (17) selected samples were collected along the vein at a regular interval of 5 meters and displayed good high grade copper continuity over 60 meters with 11 of the collected samples grading more than 1% Copper. The zone is open in both directions along strike and additional work is scheduled for the summer of 2014 in order to expand and explore the Turgeon East discovery.
Selected grab samples collected in the Turgeon East Trench:
Sample # Cu (%) Ag (ppm)
M045918 6.5 4.4
M045908 5.8 9.2
M045917 3.8 2.7
M045924 3.5 7.2
M045914 3.3 2.8
M045913 2.5 1.6
M045922 2.0 4.4
M045920 1.9 5.1
M045909 1.5 1.7
M045919 1.4 2.1
"Explore the past to predict the future. CARDS uses artificial intelligence and proprietary algorithms to learn the "signatures" or "fingerprints" of resource-rich areas to detect similar sites in unexploited regions. Our powerful technology, CARDS, enabled Puma to concentrate their efforts and budgets on areas with high copper and zinc potential", noted Michel Fontaine, DIAGNOS Vice-President Mining.
"The discovery of a new copper showing at Turgeon East in the same geological setting and only 4 kilometers away from the Powerline Cu-Zn Deposit is very encouraging for finding more Cu-Zn satellite deposits related to the same VMS system and we are very excited to launch a new drilling program at Turgeon. The discovery at Turgeon East was effected on a Diagnos CARDS generated target", noted Marcel Robillard, President of Puma Exploration.
About Puma Exploration
Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The Company's major assets are the Nicholas-Denys and Turgeon Projects in New Brunswick and the Little Stull Lake Gold Project in Manitoba. Puma is focusing its exploration efforts in New Brunswick, Canada, which has been ranked fourth in the world in mining exploration by the 2013 Fraser Institute Survey.
About DIAGNOS
Founded in 1998, DIAGNOS is a publicly traded Canadian corporation (TSX-v: ADK), with a mission to commercialize technologies combining contextual imaging and traditional data mining thereby improving decision making processes. DIAGNOS offers products, services, and solutions to clients in a variety of fields including healthcare and natural resources.
DIAGNOS has assembled a high level team of scientists with master degrees and PhDs in artificial intelligence, mathematics, imaging, geology and geophysics and a management team to support its customers in mining exploration.
Forward-looking information
This document contains forward-looking information. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in these statements.
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For further information on DIAGNOS, please visit our website at www.diagnos.com or the SEDAR website at www.sedar.com.
CONTACT INFORMATION
Michel Fontaine
Vice-President, DIAGNOS
(450) 678-8882 ext. 224
Louis Morin
Bid Capital Markets
(514) 845-1101