(Epithermal Gold and Silver)
The 20,000 hectare project is underlain by the Neoproterozoic subaerial volcanic rocks of the Avalonian Epithermal Belt, which contain the past-producing Hope Brook Gold Mine (752,163 ounces of gold from 1993 to 1997).
Host to the 4.5 x 5.2 km Point May Epithermal System identified by the Puddle Pond exploration team; numerous gold-silver prospects with up to 46.5 g/t Au & 10,516 g/t Ag.
Developed from a prospecting discovery to an advanced-stage exploration play (2012-19) with a preliminary resource of 76,086 ounces AuEq.
Currently the subject of a Joint Venture Agreement (2020) with Golden Ridge Resources (GLDN) of Kelowna, B.C., wherein GLDN is earning a 75% interest. Upon completion of the Earn-In Agreement, Puddle Pond will retain a 25% interest and a 1.5% NSR.
Excellent road access and mining infrastructure on the southern Burin Peninsula.