We thank Puddle Pond shareholders for their continued support which made it possible to continue our drilling program focused on building a NI 43-101 compliant gold and silver resource on our 100% owned Heritage Gold-Silver Project.
Delays in getting the drill onsite resulted in a late start on November 10th. Eight Hundred Sixty-Seven (867) metres of the planned 4,000 metre program was completed prior to being suspended on December 7th with drilling to recommence in May – June 2019.
Drilling intersected the favorable silica alteration and quartz-veined hydrothermal breccia host to the gold – silver mineralization. Two Hundred and Ninety-Nine (299) core samples were shipped for analyses to the Eastern Analytical Laboratory at Springdale, NL. The laboratory advises that assay results should be completed within the next couple of weeks and upon receipt will be released in early January.
The company also advises the Annual General Meeting was held on Monday, December 17, 2018. We welcomed new director Mr. Rex Simmonds to the Puddle Pond Board of Directors and look forward to his involvement. Mr. Simmonds is a highly successful entrepreneur in the NL fishing industry being recognized both provincially and nationally for his achievements.
We are looking forward to further drill advancing the Heritage Project in 2019 with the objective of reaching NI 43-101 compliant resource status.
On behalf of the Board and Management we extend best wishes for a Joyous Holiday Season and a Happy New Year.