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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 Aug 02, 2023 1:48pm
92 Views
Post# 35569433

Just Thinking Out Loud

Just Thinking Out Loud

in a mining context,....Thomas"s theory on the mineral zonation has been proven up here,..

Holes # 1 & 2 hitting at same depth and being 680 meters apart is alot of copper continuity.The hole borders 500 meters from the old hole 22 # 10 which hit the border of the anomaly. The flat bed here sits under the surface 4100 zone and measures 5k x 1k x 34m.

Mining /DSO, from surface can just continue down to open-pit mining..

The new # 3 hole,.The third exploration drill hole is underway and is collared approximately 1.7km south of ST23-02, and 1km west of the high-grade 2750N Zone. The hole is testing a large gravity anomaly and EM conductor in an area with limited previous drilling. 

PS,..Notice here on slide, marked discovery zone, and notice there are 3 sections of red sulphides,.Holes 1/2 only hit the ffirst section seen here on right of red section on slide. There are still 3 large flat beds to the left seen here on slide.

PS ,.go long..

Aston Bay Holdings Ltd, Wednesday, August 2, 2023, Press release picture
Figure 9: Conceptual geological and exploration targeting model for the Storm Project, showing depth of current drilling and conceptual copper system at depth.
 
 
 

 

PLANNED PROGRAM

  • The diamond drilling continues to test key geophysical and geological copper targets in the Storm area. The third exploration drill hole is underway and is collared approximately 1.7km south of ST23-02, and 1km west of the high-grade 2750N Zone. The hole is testing a large gravity anomaly and EM conductor in an area with limited previous drilling. Initial assays for the diamond drilling are expected in the next 4 weeks.
  • The Reserve Circulation (RC) drilling is continuing in the Storm area with the results from the 2750N and 2200N Zones expected shortly. Drilling will also focus on expansion of the 4100N Zone and testing several new, near-surface copper targets. Initial assays are expected in the next 2-3 weeks.
  • Sorting, beneficiation and process optimization continues on a range of mineralization styles.
  • An environmental baseline survey will begin in mid-August 2023
  •  
  • Traps7
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