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Puma Exploration Resumes Drilling, Discovers Deepest Gold at Williams Brook

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Puma Exploration Resumes Drilling, Discovers Deepest Gold at Williams Brook

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Puma Exploration ( (TSE:PUMA) ) just unveiled an update.

Puma Exploration Inc. has resumed its 2025 drilling program at the Williams Brook Project, discovering the deepest visible gold occurrence to date at the Lynx Gold Zone. The ongoing $2M exploration program, fully funded and in collaboration with Kinross Gold, aims to extend known mineralization and provide further insights into the geological structure. The company also plans a 1,500-metre drilling program at the Jaguar Gold Zone, where previous trenching returned higher gold grades than historical results.

Spark’s Take on TSE:PUMA Stock

According to Spark, TipRanks’ AI Analyst, TSE:PUMA is a Neutral.

Puma Exploration’s overall stock score is driven primarily by its concerning financial performance, with a lack of revenue and ongoing losses presenting significant risks. The technical analysis shows a neutral stance with no strong momentum in either direction. Valuation metrics are unattractive due to negative earnings and the absence of dividends. The stability provided by a debt-free balance sheet is a positive aspect, but the lack of operational success remains a critical challenge.

To see Spark’s full report on TSE:PUMA stock, click here.

More about Puma Exploration

Puma Exploration Inc. is a mining company focused on the exploration and development of gold resources. The company operates primarily in Northern New Brunswick, Canada, and collaborates with Kinross Gold to advance its projects.

Average Trading Volume: 184,534

Technical Sentiment Signal: Hold

Current Market Cap: C$20.66M

For detailed information about PUMA stock, go to TipRanks’ Stock Analysis page.

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