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Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s):  ATBHF

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.


TSXV:BAY - Post by User

Post by Fishercat1on Mar 01, 2024 7:32am
75 Views
Post# 35908534

Holy Cow Tom . 61% Cu. Gold, Zinc. More , Awesome.

Holy Cow Tom . 61% Cu. Gold, Zinc. More , Awesome.

Highlights

  • $3 million total expenditure over four years to acquire an 80% interest with no yearly minimums
  • Over 74-kilometre ("km") long trend of sediment hosted style stratiform copper ("Cu"), silver ("Ag"), zinc ("Zn") and cobalt ("Co") mineralization
    • Chalcocite boulders at surface yield up to 61.2% Cu with 5600 grams per tonne ("g/t") Ag in select grab samples
    • Several polymetallic trends already identified in rock and soil sampling
    • Recent prospecting rock grab samples yielded up to 37.8% Cu, 27.4% Zn, 1100 g/t Ag, 3 g/t gold ("Au") and 1700 ppm Co
  • Mineralization is similar in style to the mineralization in deposits of the Central African Copper Belt and the Storm Copper Project
  • Airborne electromagnetic ("EM") geophysics and prospecting planned for 2024 season
  • Permitting for drilling is well advanced
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