Newfoundland based private mineral resource company Puddle Pond Resources Inc. is pleased to announce it has resumed fieldwork on its strategic Heritage Gold – Silver project located at tidewater on the Burin Peninsula, southern Newfoundland and where bonanza grades of gold & silver were first detected last year (ref. May 30, 2012 release).
The 2012 program of surface mapping, prospecting, geophysical surveying, trenching and rock sampling detailed an extensive gold and silver, silica-quartz vein mineralized alteration system over an area at least 4.5 kms x 2 kms and the first 5 drill holes completed in March 2013 all intersected the mineralized system (ref. March 1, 2013 release). These highly positive results reviewed by geologists from the Newfoundland Department of Natural Resources and the Department of Earth Sciences at Memorial University, St. John’s, NL are providing valuable information in directing the current work program.
To ensure continued exploration success at Heritage, the company is also very pleased to report it has increased the operational and technical capabilities of its management team. Dr. David F. Strong of Victoria, B.C., a highly respected and distinguished Canadian Geoscientist who joined Puddle Pond’s board in 2012 (ref. June 11, 2012 release) has accepted the role of Chairman and CEO of the Board. Joining him on the Board of Directors are the 1998 Canadian Prospector of the Year, Michael Thicke, M.Sc, P.Geo, President of Cobriza Metals (TSX.V:CZA) and William Butler, a highly experienced mine operator and resource developer. Additionally Mr. James Gray, CA of Vancouver has been appointed as the independent Chief Financial Officer (CFO) of the company.
Mr. Thicke formerly a senior member of BHP Billiton’s Global Exploration group has 30 years of global experience for a variety of commodities. He was a member of the team that discovered the large scale Spence porphyry copper deposit for which he and his team were awarded the prestigious Prospector of the Year Award by the Prospectors and Developers Association of Canada in 1998.
Mr. Butler principal owner and operator of Hi-Point Industries of Bishop’s Falls, NL a highly successful peat manufacturer and global distributor of peat products, has extensive experience in the operations of large scale open pit mines and is an expert in the field of peat manufacturing, environmental controls and remediation of disasters. He is also the recipient of several business awards such as the provincial Exporter of the Year Award in 2006.
Mr. Gray, since 2001, has been a partner of Vancouver-based De Visser Gray LLP, a firm specialized in providing audit and related compliance services to public junior mining companies. Since 2004 Jim has also served as Treasurer of the Association for Mineral Exploration BC.
The company is extremely pleased that these highly respected and successful mining industry individuals have joined the Puddle Pond team and are committed to directing the ongoing exploration and advancement of the new emerging, Heritage gold – silver discovery.
Puddle Pond acknowledges the ongoing support of its shareholders in providing the company with the opportunity to continue advancing the Heritage Project with the objective of identifying a measurable resource. Highlights of the project are posted on the Puddle Pond Resources Inc. website at www.puddlepondresources.com.