Puma Begins Drilling Operations at Turgeon Cu-Zn VMS Project in New Brunswick, Canada

RIMOUSKI, QUEBEC--(Marketwired - May 25, 2016) - Puma Exploration (TSX VENTURE:PUM)(SSE:PUMA) is pleased to announce the beginning of the drilling program (2,000 meters) design to test the first priority targets defined from the recent ground geophysical survey (IP) carried out on the Turgeon Cu-Zn VMS project in northern New Brunswick.

The survey revealed five (5) first priority untested target anomalies along the favourable horizon and also on new zones never tested. One of those represents a potential major VMS anomaly of a size of 350 meters by 350 meters, open at depth and along strike, located on the extension of the main Dragon hydrothermal alteration zone.

The Dragon Zone was discovered in late-2013, approximately 200 meters south of the main Powerline and Zinc Zones. Drillhole FT13-13 intersected 4 meters of massive sulphides grading 1.01% Cu and 0.78% Zn (press release 29\04\2014). The autumn 2014 drill program included a massive sulphide intercept grading 5.66% Zn, 0.38% Cu and 2.3 g/t Ag over 6.8 metres starting downhole at 219.1 meters and including 10.05% Zn and 0.23% Cu over 2.7 metres in Drillhole FT14-05 (press release 25/02/2015). The surface expression of the Dragon zone is 300 meters long by 75 meters wide within the favorable corridor that extends for at least 2km along strike in each direction from the Dragon zone.

"We are very excited to launch our drilling program at Turgeon. With the targets defined by the OreVision IP survey which identified major untested targets in the favorable horizon, added to the other anomalies defined by the Magnetic, EM and Geochemistry surveys pointing out in the same area." Notes Marcel Robillard, President of Puma Exploration.

2016 Summer Exploration Program and Corporate Strategy

Puma will maintain his focus in the prolific Bathurst Mining Camp of New Brunswick, Canada. The Bathurst Mining Camp, famous for its Giant Brunswick 12# Mine, host significant resources that are near surface and within close proximity to all infrastructure's needed for mines development within established Canadian mining jurisdictions. With the recent acquisition of the Red Brook, high grade zinc property, Puma is strengthening his high quality base metal projects in his portfolio. Both, Turgeon (Zn-Cu) and Red Brook (Zn) properties will get the most field exploration effort during the summer program. In this manner, Puma drops the option agreement on the Pabineau and Benjamin Projects to concentrate effort core business properties.