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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 martindaleon Mar 30, 2023 12:18pm
50 Views
Post# 35369432

RE:Exciting times ahead..

RE:Exciting times ahead..
martindale wrote:

The RC rig is expected to drill until September and has the potential to complete OVER 10,000m of drilling during the 2023 program.

 

Drill hole ST22-10 intersected a thick sequence of sulfide mineralization hosted within carbonate sediments. The drill hole was targeting a large electromagnetic (EM) anomaly to the west, and deeper than the near-surface high-grade 4100N Zone.

Approximately 68.8 metres (m) of chalcopyrite, pyrite and sphalerite mineralization were intersected from 277m downhole in drill hole ST22-10 (approx. 230m vertical depth). The mineralization is interpreted to be stratabound and is hosted within a vuggy, bituminous and fossiliferous carbonate unit.

 

Of the sulfide mineralized zones, only portions containing clear and abundant chalcopyrite and sphalerite were sampled with the aim of confirming sediment hosted copper and zinc mineralization. Most of the pyrite-dominant zones were excluded from samples submitted for assay - see Table 1 for assay results and Figure 3 for a geological cross section of the drill hole. These results confirm the presence of sediment hosted copper and zinc sulfide mineralization and have verified the discovery of this new style of mineralization at Storm.

Let’s see what we get when we actually get a drill into the heart of this 800m x 300m plate.. it should give us a better idea of what the other 7 plates hold...recap.. the 7 plates added together cover approx 6750m x 4150 m... how thick? %? We will see.... GLTA That Deserve It... exciting days ahead! 

.. my bad I said other 7 plates I should have said other 6.. mind you there is that over 5 km lower area that has yet to be tested.... GL

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