Puma Exploration Inc. provided an update on the ongoing 2,000 metres drilling program at the Tiger Gold Zone (?TGZ?) at its 100% owned Williams Brook Gold Project in Northern New Brunswick. The Tiger Gold Zone is a new gold area discovered last year by applying the Company?s successful discovery model. Positive initial drill core observations prompted the expansion of the program.

Drilling Highlights: Fifteen (15) holes with depths from 25 to 150 m have been completed for a total of 875 metres. The holes were drilled 425 metres from the Lynx Gold Zone. All holes intersected the targeted favourable gold-bearing horizon of quartz veins /stockwork in altered sediment and gabbro units.

Visible gold was observed in hole WB24-151 in a quartz vein in altered gabbro. The same pervasive alteration corridor characteristic of the LGZ is observed at Tiger. 2024 Expanded drilling program at the Tiger Gold Zone: The inaugural drilling program at TGZ aims to prove the 1.5 km northeast extension of the pervasive gold mineralized corridor of the Lynx Gold Zone ("LGZ") and demonstrate a potential width increase.

The shallow fan-patterned drilling is testing the mineralization below the gold veins, identified by trenching and mapping last year. Drilling also aims to understand what controls gold mineralization at the TGZ and how this zone fits in current structural and lithological model. The reader is cautioned that grab samples are selective by nature and may not represent the true metal content of the mineralized zone.

Geophysical and geochemical surveys previously identified a series of targets along the Lynx Gold Trend, which were followed up by limited trenching by previous operators. Last year, Puma discovered a new prospective area, the Cheetah Gold Zone ("CHGZ"), which returned 6.69 g/t Au in the Company?s initial trenching and sampling exploration program.