Puma Exploration Inc.

Puma Exploration Inc.

September 19, 2007 10:00 ET

Puma Exploration: 93 Metres of Molybdenum for NB Moly in New Brunswick

RIMOUSKI, QUEBEC--(Marketwire - Sept. 19, 2007) - Exploration Puma (TSX VENTURE:PUM) has intersected 93 metres of persistent molybdenum (Mo) mineralization, grading 0.030% Mo, during recent drilling at its NB Moly Project in New Brunswick. In fact, the last 93 metres of drilling in Borehole F07-09 show disseminated molybdenum mineralization cut by occasional higher-grade quartz-molybdenite veinlets. This borehole bottomed in mineralized granite grading 0.128% Mo over 1.5 metres.

The two other boreholes also intersected the same mineralized granite over significant thicknesses, e.g., Borehole F07-07 with 0.037% Mo over 24.1 metres, and Borehole F07-08 with 0.033% Mo over 11.1 metres.

Mineralized borehole intersections

Borehole Azimuth Angle Length From To Mo
m m m %
F07-07 N 135 degrees 45 degrees 24.1 36.8 60.8 0.037
including 2.8 58.0 60.8 0.163
F07-08 N 135 degrees 45 degrees 6.6 85.1 91.9 0.029
11.1 98.3 109.4 0.033
including 3.9 105.6 109.4 0.060
1.0 121.3 122.3 0.206
F07-09 N 135 degrees 45 degrees 11.3 27.2 38.5 0.034
93.0 57.0 150.0 0.030
including 43.4 106.6 150.0 0.051
including 10.1 130.5 140.6 0.129
including 4.0 135.0 139.0 0.216

The NB Moly property contains seven molybdenum showings located within a circular granite stock about 12 km2 in area. Sixteen (16) shallow holes were drilled on the granite between 1965 and 1968 by NB Molybdenum Mines Ltd. Twelve (12) of the 16 boreholes intersected significant molybdenum mineralization resembling that found in the current drilling (Press Release of May 24, 2007). There has so far been no deep drilling on the granite body.

"The presence of mineralized showings throughout the intrusion, which covers 12 km2, as well as the thicknesses and grades found by drilling, suggest that the NB Moly Project could contain a world-class deposit," notes Andre Proulx, the President of Exploration Puma.

The Company is currently engaged in an exhaustive compilation of data concerning the NB Moly Project, to identify the next targets for drilling.

Visit our website at www.explorationpuma.com for more detailed information on this project.

The samples were analyzed in the ALS Chemex laboratory at Val d'Or, using the atomic absorption and ICP methods. The contents of this press release were prepared by Geologist Marcel Robillard, a Qualified Person as defined in NI 43-101.

The TSX Venture Stock Exchange disclaims any responsibility for the veracity and accuracy of this release.

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