PUM Puma Exploration (delisted)

Puma Exploration (TSX VENTURE:PUM) is pleased to report surface sample results
from the stripping and trenching program underway on its Nicholas-Denys ("ND")
project near Bathurst, New Brunswick. The current surface exploration program is
being conducted to extend the contiguous Haché and Shaft Zones which form part
of the 10 km long Rocky Brook Corridor along the southern margin of the large
Nicholas-Denys Porphyry system. Very high grade massive to semi-massive samples
grading up-to 7.42 g/t Au, 3,030 g/t Ag, 0.27% Cu, 60.0% Pb and 14.4% Zn were
collected at surface at the west end of the Haché zone and at the both ends of
Shaft zone.


Highlights include:

- Very high grade massive to semi-massive samples grading up-to 7.42 g/t Au,
3,030 g/t Ag, 0.27% Cu, 60.0% Pb and 14.4% Zn were collected at surface;


- 100 meters westward extension at Haché, doubling the size of the zone at surface;

- 200 meters surface strike length extension of the Shaft zone at both ends
establishing the presence of continuous silver-lead-zinc mineralization over
1km;


- Sample results along the Rocky Brook Corridor reveal strong correlation
between copper, molybdenum and silver but also with speciality metals like
Bismuth (Bi) and Tungsten (W) proving that at least one mineralized event
correlates with the porphyry system.


A total of 20 grab samples were collected at surface at both extensions of the
Haché and Shaft zones which is now established as a continuous 1 kilometer long
mineralized zone. The main objective of the stripping program is to increase the
surface expression of the zones and to point out the main structural and
geological features of the Rocky Brook silver-gold-lead-zinc corridor in
relation to the large ND porphyry system.


Table 1. Selected surface samples collected at the Haché and Shaft zones.



Zone            Sample #    Au (g/t)    Ag (g/t)      Pb (%)      Zn (%)
------------------------------------------------------------------------
Haché            J344869        2.37        3030        60.0         1.1
Haché            J344853        2.29         483         4.2         3.8
Haché            J344856        3.25         398         5.0         1.7
Haché            J344857        3.21         360         3.9         1.4
Haché            J344852        0.64         315         9.1         4.1
Haché            J344855        0.46         245         5.5         0.0
Haché            J344854        2.54          19         0.1         7.9
Haché            J344850        0.54          12         0.1         2.6
Haché            J344851        0.33           7         0.1         1.1
                                                                        
                                                                        
Zone            Sample #    Au (g/t)    Ag (g/t)      Pb (%)      Zn (%)
------------------------------------------------------------------------
Shaft            J344858        1.49         981        12.3         6.9
Shaft            J344859        0.34         492         3.3         2.4
Shaft            J344867        0.51         189         2.4         2.9
Shaft            J344860        0.17         107         3.0         6.1
Shaft            J344864        0.31          97         3.1         6.3
Shaft            J344861        1.05          95         1.3        14.4
Shaft            J344868        0.01          94         0.0         2.3
Shaft            J344862        0.08          54         1.9         0.4
Shaft            J344865        0.07          33         0.8         1.7
Shaft            J344863        7.42          25         0.1         6.6
Shaft            J344866        0.04           9         0.0         0.1
------------------------------------------------------------------------
Sorted by Zone and then by Silver content                                   



The RockyBrook-Millstream fault system, located 600 meters south of
Nicholas-Denys granodiorite, controls the mineralization for the Rocky Brook
Corridor over a strike length of 10km. This fault system is interpreted to be
part of the main plumbing conduit by which metal-bearing fluids from the massive
ND porphyry were injected into the host sedimentary rocks. Numerous steeply
dipping mineralized zones from one to 20 meters wide have been identified and
consist of semi-massive to massive sulphide pods, veins and stringers hosted in
a broad disseminated sulphide zone. All mineralized zones carry significant gold
and silver enrichment.


The highest grade zones occur at the intersections of the NW-SE transverse
faults and the Rocky Brook-Millstream Faults. Some of these intersections have
been drilled (25,000 meters in 91 holes) and previously reported as with
silver-gold-lead-zinc mineralization occurring from surface to a vertical depth
of 450 meters. Prior drilling and the results of the recent surface stripping
and sampling program continue to define a large high grade precious and base
metal zones at surface to almost half a kilometer deep and open in all
directions.


Nicholas-Denys Exploration Strategy

Three parallel exploration programs are underway at our Nicholas-Denys property.
These are:


1. ND Porphyry System

The exploration continues on the large sixteen square kilometer ND granodiorite
porphyry in order to define a classic copper +/- moly +/- gold porphyry system
such as the Pebble system in Alaska, Antamina in Peru or Climax in Denver. At
ND, prior work defined large drill intersections in the 0.01% Cu anomalous
range. The 2013 exploration program was designed to discover very large drill
intercepts with an order-of-magnitude higher copper content: that while still in
the sub-economic 0.1% Cu range confirmed the porphyry as a legitimate host
target with also high grade copper samples with up-to 2.5% Cu.


This objective has been achieved as reported in the press release of October 22,
2013. This drill information together with an ongoing surface (31km line) and
down hole IP surveys (4 holes) and the re-interpretation of magnetic data is
being used to target the next phase of the program. The next drill program will
be designed to encounter +500m intercepts at an additional order-of-magnitude
increase. That is, to encounter grades at 1.0% Cu or higher. We expect to launch
our next drill program before the end of 2013 as the field crew is on site to
cut and prepare the drill sites and access for the first five priority drilling
targets.


2. Rocky-Brook-Millstream Fault Corridor

The Rocky Brook Corridor, the subject of this press release, is a stunning
mineralization phenomenon. It is 10 kms long and contains 16 high grade precious
and base metal deposits that still remain to be drilled and defined. It is
interpreted to be a cogenetic product of the Devonian-age intrusion of the ND
granodiorite pluton into the host sedimentary and volcanic rocks that were
deposited in during the Cambrian and Ordovician geological periods. Our current
efforts concentrate on the contiguous Haché and Shaft zones that comprise 1km
of the 10km corridor. The recent stripping program together has exposed the
Haché zone 100 meters to the west and the Shaft zone 200 meters to the east.
This information is sufficient to allow us to design an appropriate drill
program to further outline this segment of the Rocky Brook Corridor.


3. Skarn Reconnaissance Program

Skarns deposits are formed when hot magmatic fluids from a porphyry intrusion
react with nearby rocks that contain high calcium carbonate concentrations, such
as limestones. The Devonian-age ND granodiorite was intruded into older
Silurian-age rocks of the LaPlante Formation. The LaPlante Formation rocks,
consisting of preserved oceanic reefs, are perfect hosts for skarn
mineralization. These rocks do not outcrop in the vicinity of the ND porphyry
but they are in direct contact with the porphyry at shallow depths. Recent
geophysical surveys indicate multi-kilometer targets adjacent to the porphyry
and along the regional strike of the LaPlante Formation. Puma is currently
prospecting, mapping and trenching the geophysical targets prior to launch a new
drill program.


About Puma Exploration

Puma Exploration is a Canadian mineral exploration company with advanced
precious and base metals projects in Canada. The Company's major assets are the
Nicholas-Denys Project and Turgeon Copper Project in New Brunswick and the
Little Stull Lake Gold Project in Manitoba. Puma is focusing its exploration
efforts in New Brunswick, Canada, which has been ranked fourth in the world to
conduct mining exploration by the 2013 Fraser Institute Survey.


The contents of this press release were prepared by Dominique Gagné. a
Qualified Person as defined in NI 43-101. The samples were analyzed at the ALS
Chemex laboratory in Val d'Or using the atomic absorption and ICP methods. There
is not enough drilling data presently available to determine the shape and true
width of the mineralized zone. Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release. 


Forward-Looking Statements: This press release may contain forward-looking
statements. Such forward-looking statements involve a number of known and
unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of Puma Exploration Inc. to be materially
different from actual future results and achievements expressed or implied by
such forward-looking statements. Readers are cautioned not to place undue
reliance on these forward-looking statements which speak only as of the date the
statements were made, except as required by law. Puma Exploration undertakes no
obligation to publicly update or revise any forward-looking statements. These
risks and uncertainties are described in the quarterly and annual reports and in
the documents submitted to the securities administration.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Marcel Robillard. President
Puma Exploration
(418) 724-0901
Toll free: (800) 321-8564
president@explorationpuma.com
www.pumaexploration.com

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