Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s): ATBHF

Metals & Mining Industrial Metals & Minerals

Aston Bay Holdings Ltd. is a Canada-based mineral exploration company exploring high-grade copper and gold deposits in Virginia, United States, and Nunavut, Canada. The Company is exploring the high-grade Buckingham Gold Vein in central Virginia and is in advanced stages of negotiations on other lands with high-grade copper potential in the area. The Company is focused on its Blue Ridge Project in Virginia. The Nunavut Property is 100% owned by the Company and located 112 kilometers (km) south of the community of Resolute Bay, Nunavut on western Somerset Island. The Storm Copper Project is located on Somerset Island, Nunavut, approximately 20 km from tidewater at the Company. Its Seal Zinc deposit is located at the base of a small peninsula approximately 350 meters from tidewater at its on Somerset Island, Nunavut. Its Mountain Base Metals Project is located on 2,072 acres of private land with direct access to both highway and rail transportation.

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Aston Bay Holdings Ltd

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Post by traps7on Aug 02, 2023 10:50am

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Post# 35568910

two diamond drill holes are located 680m apart

The two diamond drill holes are located 680m apart – the continuity of the mineralized horizon and the size of the gravity anomaly (>5km long and up to 1km wide) suggests that drilling has potentially identified a large copper deposit

Mineralization was intersected in both holes at the top of a modeled gravity anomaly, highlighting the potential effectiveness of the technique for exploration targeting
Gravity targets similar to that intersected by these initial diamond drill holes cover an extensive area at Storm and remain untested by drilling, supporting the potential for a major, regional-scale copper system
Diamond drilling continues on high-priority copper targets with first assays expected in the next 4 weeks
Reverse circulation resource definition drilling is also underway on near-surface copper targets with results from the 2750N and 2200N Zones expected shortly