Puma Exploration Inc.
TSX VENTURE : PUM

Puma Exploration Inc.

December 17, 2009 11:15 ET

Puma Exploration Inc.: Metallurgical Testing for Turgeon and Drilling at Nicholas-Denys

RIMOUSKI, QUEBEC--(Marketwire - Dec. 17, 2009) - Exploration Puma (TSX VENTURE:PUM) is currently conducting a mill test on the first surface lens at its Turgeon property. The metallurgical testing is designed to estimate the percentage recovery of metals, in order to assess the economic viability of a mining project.

The Turgeon mill test is being performed on the mineralization intersected during the 2009 drill program on the surface lens. The samples were subdivided into two groups: the first group will consist of samples located in the copper-rich stockwork zone; the second group will comprise samples from the zinc-rich massive sulphide zone.

Two 15-kg samples were collected from each of these two zones. The samples selected follow the deposit's metallogenic zonation and also have representative grades, in order to estimate recoveries during possible production.

Puma also anticipates additional drilling to increase the size of the deposit.

News on Nicholas-Denys:

Exploration Puma has just completed Phase 1 of its program of drilling directed towards the surface definition of the Pine Tree lens. Three holes have been drilled for a total advance of 291 metres: the results will be released as soon as they are received. These drillholes will outline the lateral and vertical extensions of the deposit.

Interpretation of the results of the drilling on the Hache lens, combined with downhole geophysics, has identified richer sections along faults perpendicular to the Hache lens. One of the objectives at Pine Tree was to intersect a similar structure.

In addition, selected samples were systematically collected over a distance of 150 metres to assess the potential of the surface lens for a possible stripping operation like that at Hache.

These drillholes follow a major definition phase on the Nicholas-Denys property designed to confirm the presence of high-grade polymetallic zones on surface: Henry, Half Mile, Hache, Shaft, Pine Tree, and Great Northern. Puma will now carry out a resource calculation for these lenses.

The contents of this press release were prepared by Alain Hupe, Eng., a Qualified Person as defined in NI 43-101. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts any responsibility for the adequacy or accuracy of this release.

This press release may contain certain forward-looking statements that include elements of risk and uncertainty. Consequently, actual results may differ substantially from those anticipated in such statements. These risks and uncertainties are described in the quarterly and annual reports, and in the documents submitted to the securities administration.

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