Silver Concentrations Add Significant Value To The Recently Discovered Zone

BAY ROBERTS - Puddle Pond Resources reported on the silver assays from the recently completed, inaugural (scout) drilling program at its 100%-owned Handcamp Project in Central Newfoundland. The ten angled diamond drill holes were designed to evaluate the nature and extent of a part of a newly discovered shear zone that is host to a wide zone of near-surface gold mineralization.

Analysis of the silver assay data for all ten drill holes demonstrates: 1) that the distribution of silver is strongly, positively correlated with that of gold; and 2) the presence of a significant concentration of silver in each of the wide gold-mineralized intersections, which adds significant by-product value potential (Note. In some ore, like that of the Handcamp gold mineralization, several metals are present and the sale of one may help finance the mining of another. In this case the by-product silver may help offset the costs of mining the gold). Known traditionally for its use in jewelry and coinage, silver’s combination of ductility and superior electrical conductivity make it perfect for use in modern micro-electronic devices such as smartphones and laptops/tablets; and also mean that silver will play a significant role in future “green infrastructure” such as solar energy generation.