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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

Post by traps7on Mar 17, 2023 11:55am
222 Views
Post# 35345142

Copper and Gold in Virginia

Copper and Gold in Virginia

in the latest pod cast with the Northern Miner, Thomas highlited a copper project in Virginia. 

PS,. just thinking out loud here,. i recall years back when Mr. Don Taylor was VP for BHP . BHP drilled 11 holes down by LynchBurg..There was no follow up by BHP thinking that they had no mineral writes so they left. 

PS,.OLD NEWS, Modern exploration occurred only in the middle to late 1990’s when BHP and later joint venture partner CAI, identified the south-central section of the Blue Ridge terrane as permissive to host significant massive sulfide deposits of these types.

BHP and CAI drilled 11 core holes on area properties; nine of the 11 historic holes intersected notable amounts of disseminated, vein-type, and massive base metal mineralization within marbles and schists over short sections. Significant highlights from that drilling include;

  • 2.77% Cu, 0.94% Zn, 0.54% Pb, and 8.2 ppm Ag over 16.4 feet, and
  • 1.17% Cu, 5.23% Zn, 0.90% Pb, and 21.3 ppm Ag over 7.4 feet in separate holes.

The historic drilling results indicate that the stratigraphy in the project area contains mineralization consistent with the SEDEX/BHT type and the potential to host significant and economic Cu-Zn-Pb-Ag deposits of this type.

BuckingHam Gold.

No arsenic, clean nugget effect in quartz. Simple crush and grind ..

NEAR-TERM CATALYST:

Buckingham Gold Discovery

  • High grade gold discovery
    • Gold at surface (701 g/t or 20.4 ounces Au per short ton) and in drill holes
      (e.g., 2.03m @ 35.61 g/t and 24.73 g/t over 3.57m incl. 62.51 g/t over 1.39m)**
  • Open along strike and at depth
    • Potential for size 
  • Ability to act quickly
    • Drill-ready targets
    • No seasonality: drill year-round
    • Explore quickly, ramp up quickly, with no permitting lag
  • Agreements on adjacent lands forthcoming

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