PUM Puma Exploration (delisted)

Puma Exploration (TSX VENTURE:PUM) is pleased to confirm that additional
drilling at its Nicholas-Denys ("ND") property near Bathurst, New Brunswick,
confirms the existence of a large, near-surface copper-molybdenum system.
Continuous copper and molybdenum mineralization was intersected from surface in
hole FND13-04 and graded 0.10% copper equivalent (Cu Eq(i)) over 591 meters to
outline a 180 hectares (1.2km x 1.2km) highly prospective area in the core of
the porphyry.


Drill holes FND13-02, FND13-03 and FND13-04 were located to pierce low mag-high
mag boundaries in a central part of the porphyry and to provide down-hole IP
survey access. All three holes intersected highly altered, strongly veined and
pervasively mineralized granodiorite. Drill hole FND13-01 was drilled to confirm
the continuity of the Copper skarn horizon between the two main copper-iron
skarn deposits located only 200 meters south of the intrusive boundary.


Marcel Robillard, CEO of Puma Exploration, stated: "This is a very large copper
and molybdenum porphyry system that is in the very early stage of definition. We
are very pleased with the initial size indications of this system which so far
measures approximately 16 km2 in surface area with current vertical drill-hole
depths of approximately 450 meters. Recent magnetic data re-interpretations
together with the preliminary results of an ongoing surface and down hole IP
survey have outlined a prominent, large scale arterial target structures within
the porphyry that will be used to target the next round of drilling, scheduled
to be completed before the end of 2013."


Highlights include:



--  Continuous copper and molybdenum mineralization intersected from surface
    in hole FND13-04 and grading 0.10% Cu Eq(i) over 591 meters;
--  Discovery of first high grade copper samples in the porphyry grading
    2.54% Cu, 1.88% Cu and 0.89% Cu in hole FND13-04 (see table 2);
--  The high grade samples with more than 0.5% Cu are located along one of
    the many newly interpreted arterial magnetic lineaments which is
    continuous for 5 km and generative of high grade copper drilling
    targets;
--  The high grade assay results reveal strong correlation between copper,
    molybdenum and silver but also with speciality metals like Bismuth (Bi)
    and Tungsten (W).
--  The drilling outlined a 180 hectares of very prospective low mag area in
    the center of the porphyry;
--  Persistent visual alteration indicates the presence of a major
    hydrothermal system;



Table 1: Selected drill hole intercepts with greater than 0.10% Cu Eq(i) in the
porphyry




----------------------------------------------------------------------------
                           From      To   Long     Ag     Cu     Mo Cu Eq(i)
Hole    Direction  Angle    (m)     (m)    (m)  (g/t)  (ppm)  (ppm)      (%)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
FND13-02     N055    -60   30.4   103.7   73.3    1.2    399     81     0.10
FND13-02                  450.4   467.8   17.4    1.4    552     65     0.11
FND13-02                  748.3   757.8    9.5    3.6    312     97     0.13
FND13-02                  783.3   787.5    4.2    2.1    577    515     0.36
----------------------------------------------------------------------------
FND13-03     N305    -45    7.1    18.0   10.9    1.2    274    199     0.15
FND13-03                  145.6   151.2    5.6    4.1    824     34     0.13
FND13-03                  276.4   278.5    2.1    5.2    225    185     0.18
----------------------------------------------------------------------------
FND13-04     N040    -45    9.6   600.6  591.0    0.7    281    109     0.10
FND13-04           incl.  158.2   252.9   94.7    0.6    395    173     0.14
FND13-04           incl.  234.9   249.0   14.1    1.2    743    245     0.22
----------------------------------------------------------------------------



(i)CuEq (copper-equivalent) has been used to express the combined value of
copper, molybdenum and silver as a percentage of copper, and is provided for
illustrative purposes only. No allowances have been made for recovery losses
that may occur should mining eventually result. Calculations use metal prices of
$2.75/lbs copper, $22/oz silver and $15/lbs molybdenum using the formula CuEq% =
Cu% + (Ag g/t X 0.0116) + (Mo% X 5.45).


The rocks are intensely fractured and broken on centimeter to millimeter scales.
Alteration and mineralization are facilitated and in part localized by the
fractures. A range of alteration types and vein styles is seen. Alteration
includes silicification, potassic Kspar, biotite, magnetite and sericite.
Alteration and veining are pervasive and intensity ranges from mild to strong;
fresh rocks are rare. Disseminated and fracture controlled chalcopyrite and
molybdenite are the primary minerals of interest. The high grade assay results
reveal strong correlation between copper, molybdenum and silver but also with
speciality metals like Bismuth (Bi) and Tungsten (W).


Table 2: High grade assay results correlation



----------------------------------------------------------------------------
              From      To    Length      Cu      Ag      Mo      Bi       W
Hole           (m)     (m)       (m)     (%)   (g/t)   (ppm)   (ppm)   (ppm)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
FND13-04     508.2   508.5       0.3    2.54      70     382    1990      19
FND13-04     577.9   578.2       0.3    1.88      68      64    1195      11
FND13-04     406.6   407.0       0.4    0.89      25     767    5330      29
FND13-04     507.6   507.9       0.3    0.69      21     462     609      23
FND13-04     386.0   386.3       0.3    0.47      54      58     262      18
FND13-02     559.3   559.6       0.3    0.37      19      99       2    2410
FND13-02     103.3   103.7       0.4    0.26       3    1510       3      16
FND13-02     461.9   462.5       0.6    0.26       5      67       9     700
FND13-02     756.9   757.2       0.3    0.23      86      18     739      24
FND13-02     787.2   787.5       0.3    0.18       7    6440      39     115
----------------------------------------------------------------------------



This correlation was also observed with the 10km long skarn horizon and the
silver-lead-zinc deposits located along the Millstream-Rocky Brook fault proving
that at least one mineralized event correlates the porphyry system with the
other main minerals deposits on the ND property. Drill hole FND13-01 was drilled
on the southern periphery of the porphyry to investigate a known copper-iron
skarn horizon located 200 meters south of the intrusive boundary. The hole
successfully intercepted two skarn horizons proving the continuity from
Millstream Iron to the Beresford Copper deposits a linear distance of 3 km.


Recent exploration at the ND property included a 3,500 meter drill program (4
holes), re-interpretation of magnetic data and an extensive IP (Induced
Polarization) survey over the entire 4km by 4km granodiorite. Outside of the
central porphyry system, surface stripping and sampling was recently completed
on high grade silver-zinc-gold lenses that occur along an adjacent 10km
structural corridor.


Marcel Robillard added: "The three drill holes located in the central part of
the porphyry achieved all of their objectives, namely: to confirm the presence
of alteration and pervasive mineralization, to provide pilot holes for down-hope
IP surveys, to confirm the integrity of the new targeting database and, most
importantly, to increase the anticipated grades by an order of magnitude higher
than those encountered in the initial porphyry drilling. The next drill program
will target specific circulation arteries within the porphyry in order to
encounter intercepts bearing economic grades."


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.


Learn more by clicking here: www.pumaexploration.com

Illustrated Press Release and complete presentation of current program are
available on our web site.


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: 
Marcel Robillard, President
Puma Exploration
(418) 724-0901
Toll free: (800) 321-8564
president@explorationpuma.com

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