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Property NewsJune 15, 2009 Consolidated Puma Minerals Corp. has agreed to sell its indirect 72% interest in its Russian subsidiary, Kolskaya Mining and Geological Company to a Russian company, Arkticheskiye Geologorazvedochnye Raboty. Kola holds the exploration license on the East Pansky platinum-palladium property located in the Kola Peninsula of northwestern Russia. September 30, 2007 Reported nine holes for a total of 3,269 metres have been drilled including four deep drill holes up to 671 metres in length. To date, completed thirty-one drill holes and deepened one 2006 drill hole for a total of 6,940 metres on the Kola properties. June 30, 2007 Reported that since the commencement of drilling on April 4, fourteen drill holes have been completed, totalling 1,696 metres. The main target was the PGE bearing FWC in the East Churozersky, Churozersky and Bezimyanyi areas. While final assay results are pending, a number of sulphide bearing intervals at the FWC were intersected in most of these drill holes. |
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