Puddle Pond Resources Inc. has completed an additional (11th) drillhole from its inaugural drilling programme at the 100%-owned Handcamp Project in Central Newfoundland.
This last drillhole from the “scout” drilling programmr cut three separate intervals of gold mineralisation and is a further demonstration of the continuity and predictability of the newly discovered zone of near-surface mineralisation. Drilled at a dip of 50° all three of the gold-mineralized intervals occur within 50 metres of the surface.
Drillhole H-22-11
¨ Upper interval: 2.33 g/t Au over 6.30 metres (21 feet) from 36.95-43.25 metres.
¨ Middle interval: 0.42 g/t Au over 3.30 metres (11 feet) from 47.60-50.90 metres.
¨ Lower interval: 1.95 g/t Au over 0.85 metres (3 feet) from 54.35-55.20 metres.
Located close to the Trans-Canada Highway and the town of Springdale, the Handcamp Gold Project benefits from the excellent local exploration/mining infrastructure and accordingly Puddle Pond’s operating costs at Handcamp are amongst the lowest of any exploration project on the Island of Newfoundland.
“This 11th and final drillhole of the inaugural program at the Handcamp Gold Project demonstrates once again the continuity and predictability of the near-surface zone of gold mineralisation discovered in last year’s programme of prospecting and trenching,” President and COO, Victor French, said.
“Also, as we acquire more drill data it is evident that there are other structurally controlled, gold-mineralised intervals in addition to that of the main mineralised zone.”
For further information please visit: https://www.puddlepondresources.com/
