PUM Puma Exploration (delisted)

Puma Exploration (TSX VENTURE:PUM) announces the results of the two (2) deep
holes drilled at Henry East Lens confirming the high grade silver and gold
content of the mineralized lens at depth with the intercept of 376 g/t Ag, 1.4
g/t Au, 1.8% Pb and 3.1% Zn over 3.0 meters within a thicker zone of 280 g/t Ag,
1.03 g/t Au, 1.4 % Pb and 2.3% Zn over 4.0 meters in hole FH12-12. 


The holes, for a total of 710 meters drilled, targeted the Henry East lens at
about 200 meters vertical and were designed to conduct borehole geophysical
surveys aiming to identify thicker and/or more conductive zones of the lens.
Both holes succeeded to confirm the continuity of the mineralization at depth
and the sulphide content of the EM-1 geophysical anomaly.


Highlights include:

- Drill intersection of 376 g/t Ag, 1.4 g/t Au, 1.8% Pb and 3.1% Zn over 3.0
meters within a thicker zone of 280 g/t Ag, 1.03 g/t Au, 1.4 % Pb and 2.3% Zn
over 4.0 meters in hole FH12-12. 


- Drill intersection of 405 g/t Ag and 0.32 g/t Au over 2.1 meters in hole FH12-13;

- Persistant mineralization at depth with the intercept of semi-massive to
massive sulphide lens varying from 3-9 meters at about 200 meters deep in both
holes;


- Confirmation that the 1.2 kilometers long EM-1 geophysical anomaly is caused
by sulphide mineralization;


"We are very pleased with the results of the deep holes at Henry East Lens. Both
holes confirmed the continuity of the mineralization at depth. It also proves
that the 1.2 kilometers long EM-1 geophysical anomaly is caused by sulphide
mineralization. With the borehole geophysical survey underway, we will be able
to drill test thicker and/or more conductive zones of the Henry East lens" Note
Marcel Robillard, President of Puma Exploration. 


Table 1. Puma's holes drilled at the Henry East Lens



----------------------------------------------------------------------------
----------------------------------------------------------------------------
                    Azimuth       Dip  From    To Length   Ag   Au   Pb   Zn
Section      Hole (degrees) (degrees)   (m)   (m)    (m)(g/t)(g/t)  (%)  (%)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
SL26      FH12-12      N160        45  47.6  47.9    0.3  151 0.48  5.5  4.1
                                      193.3 193.7    0.4  197 2.07  6.5  5.5
                                      227.5 228.7    1.2  111 0.66  2.7  1.8
                                      254.5 258.5    4.0  280 1.03  1.4  2.3
                                incl. 254.5 257.5    3.0  376 1.40  1.8  3.1
                                      285.1 286.2    1.1   39 0.54  0.9  0.4
                                      317.9 318.3    0.4  193 0.30  7.2  4.5
----------------------------------------------------------------------------
SL26   FH12-04(i)      N162        45  11.5  20.6    9.1   92 1.06  0.8  0.7
                                incl.  11.5  13.5    2.0  189 0.62  1.1  0.6
----------------------------------------------------------------------------
SL26   FH12-10(i)      N160        55  27.9  34.2    6.3  121 1.17  0.8  1.0
                                incl.  31.2  34.2    3.0  187 2.30  1.5  1.5
----------------------------------------------------------------------------
----------------------------------------------------------------------------
SL28      FH12-13      N160        45 113.4 115.5    2.1  405 0.32  0.6  0.7
                                      253.9 256.3    2.4   44 0.36  0.4  0.4
                                      283.9 284.4    0.5   34 0.27  0.7  0.5
                                      376.6 376.9    0.3   34 0.01  1.5  0.9
----------------------------------------------------------------------------
SL28   FH12-02(i)      N160        45  56.5  58.3    1.8   42 0.73  1.9  0.1
                                incl.  58.0  58.3    0.3  147 3.07  2.1  2.5
----------------------------------------------------------------------------
SL28   FH12-06(i)      N160        45  12.2  19.2    7.0   55 0.53  1.0  0.8
                                incl.  12.2  13.3    1.1  194 1.62  4.1  3.0
----------------------------------------------------------------------------
----------------------------------------------------------------------------



(i) Holes released 05/12/2012

Hole FH12-12 was collared in the same section (SL26) of holes FH12-04 and
FH12-10 which intersected respectively 9.1 meters of 92 g/t Ag, 1.06 g/t Au and
6.3 meters of 121 g/t Ag and 1.17 g/t Au. These three holes together confirm the
depth extent and the continuity of the high grade silver and gold mineralized
lens at depth.


Hole FH12-13 was collared to test the depth extend of hole FH15-05 which
intersected 4.4 meters of 454 g/t Ag and 2.3 g/t Au but deviated from original
direction and intersected the Henry East lens below lower grade holes FH12-02
and FH12-06. These holes intersected respectively 1.8 meters of 42 g/t Ag and
0.73 g/t Au and 7.0 meters of 55 g/t Ag and 0.53 g/t Au. Once again the
continuity of the mineralization has been proven and similar grade were
intersected from surface to 200 meters deep.


The Henry East Lens outcrops on surface as a semi-massive to massive sulphide
zone varying in thickness from 0.5 meters to 5 meters. The mineralization zone
is interpreted to be the surface expression of the EM-1 geophysical anomaly
detected during the 2011 winter survey (see press release 19/05/2011). The EM-1
geophysical anomaly shows a long trend extending more than 1.2 km, from Henry
Lens to TR11-24, open-ended to the west and located along the
Rocky-Brook-Millstream fault.


The Rocky-Brook-Millstream fault controls the mineralisation for the Hache,
Shaft and Pinetree lenses. All these mineralised lenses carry significant gold
and silver enrichment. More than 100 holes were drilled at Hache lens since 2006
and defined a continuous mineralization zone over a strike length of 700 meters
and to a depth of 350 meters so far.


Nicholas-Denys 2012 Exploration Program

Puma Exploration has conducted extensive exploration program at Nicholas-Denys
in 2012. So far, 22 holes for 3,970 meters of drilling. 25 trenches for 3,100
meters of trenching and stripping of about 9,600 m2 were directed on the two
main structures which are the Rocky-Brook-Millstream and Main Fault Zones.
Currently borehole geophysical survey is underway into the deep holes to detect
thicker and/or more conductive zones of the lens.


The 2012 exploration results indicated that the Nicholas-Denys property contains
a significant silver-gold mineralization system that is open for extension. The
area explored to date represents only 20% of the total length of the favourable
corridor which extends over more than 10 km. The discovery of new silver-gold
structures and lenses along the Rocky-Brook-Millstream Fault and the northern
second main fault represent a key step toward the definition of an economic
deposit.


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 Silver 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 the best place in the
world to conduct mining exploration by the 2012 Fraser Institute Survey.


Learn more by clicking here: www.pumaexploration.com

The contents of this press release were prepared by Dominique Gagne. 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: 
Puma Exploration
Marcel Robillard
President
(418) 724-0901
Toll free: (800) 321-8564
president@explorationpuma.com

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