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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 critical and precious metal deposits. It is engaged in exploring the Storm Copper Property and Cu-Ag-Zn-Co Epworth Property in Nunavut, and the high-grade Buckingham Gold Vein in central Virginia. It is also in advanced stages of negotiation on other lands with high-grade critical metals potential in North America. The Nunavut property is located 112 km south of the community of Resolute Bay, Nunavut on western Somerset Island. The property is adjacent to tidewater on Aston Bay and comprises 12 prospecting permits and 118 contiguous mineral claims, which comprises of Storm Copper and Seal Zinc, covering an area of approximately 541,796 acres. Under Virginia property, it focuses on exploring two targets in Virginia: high-grade mesothermal gold vein mineralization along strike of the Buckingham Gold Vein and zinc-copper SEDEX-style mineralization in a newly identified base metals/polymetallic belt.


TSXV:BAY - Post by User

Comment by traps7on Jul 20, 2022 8:26pm
124 Views
Post# 34838907

RE:RE:43-101 Big Surprize

RE:RE:43-101 Big Surprize

..yay, they don"t need any fancy metal detector , anything that looks Green is in the money,.The news release here explains the in-fill drilling..

..On slide , the yellow dots are new drill targets which are infilling around old black dots. The spacing between old black dots of a 100m lays out a nice open-pit in the makings' With confirmation of new in-fill holes showing similar copper grades then we could see a healthy 43-101  
.The bulk sampling through the seperator will confirm process of sorting and Lab testing could reach higher grading..

..PS notice on slide at 2200n old black  hole 97,02 which 6.84 meters of 8.98% copper..This hole if extended will raise the Bar scale..In terms of size,.....The average chair your sitting on below your seat is roughly 2x 2.5 x2.5 feet which equals 12.5 cubic feet..Back of cuff here,  12.5 cubic feet of ore, depending on density,  equals One Ton of weight   The news of 8.89 % copper would then equal 180 pounds of copper per ton..

..In other words, under your chair is 180 lbs x $ 4.   or $ 720.    Due you feel it  !!!                                                                                                                      Definition Drilling

The resource definition program is initially focusing on defining potential shallow resources within the 2750N Zone (Figure 1). The first drill hole (ST22-01) is now underway.

Historical drilling within the 2750N Zone has encountered thick intervals of high-grade copper mineralization, including 110m core length at 2.45% Cu from surface (drill hole ST97-08), and 56.3m core length @ 3.07% Cu from 12.2m (drill hole ST99-19). Given the significant width of these intervals and the distance between drill holes (>100m), extension and infill drilling in the 2750N Zone provides an opportunity to quickly define large volumes of additional copper mineralization.

Figure 1: Plan view of the 2750N and 2200N zones and surrounding areas. Copper gossans, shallow FLEM anomalies, and previous and planned drilling are shown overlaying aerial photography.

Drilling is also planned at the 4100N and 2200N zones. Over 1,700m of drilling is planned in this program, with hole depths between 100m and150m due to the shallow nature of mineralization. Table 1 shows drill hole details for ST22-01. The order for drilling of further holes will be selected based on drill results and logistics.

 
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