A bigger picture is now emerging for the Nicholas-Denys Silver Project. What were originally thought to

be smaller individual deposits, now appear to be connected links within two very large mineralized

corridors approximately 10 kilometers in length. These continuous corridors not only offer the potential

for expanded resources but also important economies of scale when they are exploited. The more we drill,

the better we understand our geological model at Nicholas-Denys. We anticipate an exciting year of

progress in 2012." Notes Marcel Robillard, President of Puma Exploration

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