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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 Betteryear2on May 23, 2023 7:13am
85 Views
Post# 35459768

Aston Bay Announces Initial Assays

Aston Bay Announces Initial Assays
  • Assays have been received for drill hole SR23-01, confirming a total of 28.9m of high-grade copper mineralization, comprising:
    • 15.2m* @ 1.2% Cu, including 4.6m @ 2.8% Cu from 54.9m, and;
    • 7.6m* @ 1.2% Cu, including 3.1m @ 2.4% Cu from 79.3m, and;
    • 6.1m* @ 1.1% Cu, including 3.1m @ 1.4% Cu from 120.4m (*downhole length)
  • Another eight Reverse Circulation (RC) drill holes have been completed at the 4100N Zone with all drill holes intersecting thick intervals of strong visual copper sulfide mineralization
  • The recent drilling at the 4100N Zone has defined strong near-surface copper mineralization over 850m x 300m and remains open along strike
  • RC drilling continues at Storm with further drill holes added to the resource definition program at the 4100N Zone
  • All current drill samples have been sent to the laboratory for analysis

TORONTO, ON / ACCESSWIRE / May 23, 2023 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") reports initial assay results confirm thick intervals of copper mineralization from its ongoing delineation drilling program at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut, Canada. This is the second drilling program for American West Metals Limited ("American West"), who are the project operator, since entering an option agreement with Aston Bay in March 2021.

Aston Bay Announces Initial Assays Confirming Thick Intervals of Copper Mineralization at the Storm Copper Project, Nunavut (accesswire.com)

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