Puma Exploration Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Marcel Robillard
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 175, Legaré Street Rimouski QC Canada G5L 3B9
- IPO Date
- Mar 7, 2008
- Website
- explorationpuma.com
- Similar Companies
- Business
- Puma Exploration Inc is a Canadian mineral exploration company focused on discovering and developing precious metals projects in New Brunswick, Canada, primarily near the Bathurst Mining Camp. The company’s core activities include the exploration of gold deposits through advanced prospecting, trenching, drilling, and geophysical surveys, with flagship projects including the Williams Brook Gold Project, JonPol, Portage, and the newly acquired McKenzie Gold Project. Puma’s product offerings comprise mineral exploration and development services targeting gold mineralization hosted mainly in quartz veins near infrastructure-accessible areas, emphasizing strategic land packages and district-scale exploration. Founded in 2007 and headquartered in Rimouski, Quebec, Puma leverages a prospect generator model to manage exploration risk and capital efficiency, often partnering with major mining firms, most notably Kinross Gold. A significant recent development is the option agreement with Kinross Gold, allowing Kinross to earn up to a 65% interest in the Williams Brook Project by investing C$16.5 million over five years, enabling accelerated exploration drilling programs funded by Kinross while Puma retains operatorship and receives management fees. In 2024 and 2025, Puma expanded its exploration activities with an extensive 3,662-meter drilling campaign at the Lynx Gold Zone, initiated its inaugural drilling program at McKenzie Gold Project, and strategically expanded its land holdings with new claim staking and property acquisitions. Recent operational updates include a temporary suspension and subsequent resumption of exploration activities employing heavy equipment at Northern New Brunswick properties due to wildfire-related provincial bans, along with the completion of extensive surface sampling and drone magnetic surveys targeting multiple gold zones such as Lynx, Jaguar, and Cheetah. Puma also announced modifications to sale agreements related to its Turgeon Project with partners Raptor Resources Limited and Canadian Copper Inc. Furthermore, leadership enhancements in late 2024 and early 2025, including appointments of a new CFO, corporate secretary, and Vice-President of Exploration, fortify company governance and operational execution. Puma Exploration’s exploration strategy emphasizes the integration of traditional and modern technologies, such as artificial intelligence and geochemical modeling, to maximize discovery potential in an underexplored but infrastructure-supported region. The company’s asset portfolio in New Brunswick features district-scale projects with multi-zone gold mineralization targeting, supporting a long-term growth outlook backed by strong financial partnerships and sustained drilling programs. In summary, Puma Exploration Inc operates as a mineral exploration firm specializing in precious metals, predominantly gold, in Northern New Brunswick, focusing on district-scale projects with strategic partnerships like the Kinross Gold option agreement and recent expansions in drilling programs, land holdings, and organizational leadership to advance its pipeline of prospects with robust technical and financial support.
Puma Exploration Confirms Broad Gold System at Jaguar; Kinross Launches 2026 Summer Program at Williams Brook
Puma Exploration Doubles Its Jacquet River Project and Launches Drone Magnetic Survey
Puma Exploration Expands McKenzie Gold Project and Strengthens Regional Presence
Puma Exploration Outlines Its 2026 Exploration Plans and Corporate Objectives
Puma Exploration and Kinross Gold Corp. Launch Winter 2026 Drilling Program at Williams Brook
Puma Exploration Closes the Sale of the Murray Brook West Project
Puma Exploration Intersects 5.11 g/t Au over 6.60 m, Including 66.10 g/t Au over 0.50 m at Lynx Gold Zone
Puma Exploration Closes Sale of Turgeon Project
Puma Exploration Closes Kinross $2M Private Placement
Puma Exploration Announces Increase in Kinross' Equity Stake
Puma Exploration Closes $1,200,000 Non-Brokered Financing
Presenting on Emerging Growth Conference 88 Day 1 on December 10; Register to live stream
Puma Exploration Adds Second Drill at McKenzie Gold Project
Puma Exploration Samples up to 126 g/t Gold at McKenzie and Launches Inaugural Drilling Program
Puma Exploration Samples 19.55 g/t Gold and 3.32% Copper at its Jonpol Property
Puma Exploration Announces Ongoing Commitment from Kinross Gold Corporation
Puma Exploration Reports up to 68.90 g/t Gold over 0.50 m in Channels at the Lynx Gold Zone
Puma Exploration Concludes 2025 Drilling at Lynx, VG Observed in Several Holes
Puma Exploration Provides Update on Its 2025 Exploration Program at Williams Brook
Puma Exploration Announces Resumption of Field Activities