Puma Exploration Inc. announced the results of the last six (6) holes of its 2023 first phase drilling program at its 100%-owned Williams Brook Gold Project. All holes reported successfully intersected the targeted favourable contact and a series of quartz veins and stockwork with gold mineralization. Drilling also extended the width and length of the high-grade gold shoots identified previously at Lynx and demonstrated the continuity of mineralization over long intervals.

Additional high-grade gold shoots were intercepted underneath the high-grade gold veins sampled at surface, confirming model of multiple stacked veins extending at depth. The gold shoots have now been confirmed to extend downhole to at least 250 m and over a strike length of at least 400 m. Of particular interest, a group of high-grade gold veins assayed 20.67 g/t gold over 5.50 m within a large section of 32.15 m grading 3.80 g/t gold in WB23-142, and also in WB23-145 where a section of 5.65 m returned 10.81 g/t gold and another graded 9.91 g/t gold over5.10 m, within a broad intersection of 98.05 m at 1.24 g/t gold. Hole WB23-144 returned 6.60 g/t gold over 3.25 m from 158 m, and WB23-145 returned 1.01 g/t gold over 3.,00 m from 246 m. Gold mineralization was still present at 249 m downhole depth, indicating that the system remains open.

Today's results expand the already wide distribution of the high- grade gold shoots, with mineralized intervals beginning at or near surface.