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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 Aug 08, 2023 3:36pm
123 Views
Post# 35578162

Two More Exceptional Discoveries V.BAY

Two More Exceptional Discoveries V.BAY

Diamond drill hole ST23-03 has discovered a new near-surface zone of mineralization and a deeper sediment hosted copper system in an underexplored area of the Storm Project

ST23-03 intersected two zones of visual copper sulfide mineralization:

76m of visual heavily mineralized breccia to massive copper sulfide (chalcocite, bornite and chalcopyrite) between 32m and 108m downhole

2m of visual breccia and dense vein style copper sulfide (chalcocite, bornite and chalcopyrite) between 273m and 275m downhole

The new zone of near-surface copper has been named ‘Thunder'

The deeper intersection is interpreted to correlate with the prospective sediment hosted copper horizon intersected earlier this season, and is the first recorded occurrence south of the Southern Graben Fault

The drill hole was targeting both a near-surface Moving Loop Electromagnetic (MLEM) plate and a deeper gravity anomaly close to the Southern Graben Fault

  • The drilling results confirm that these geophysical techniques are reliable targeting tools for copper sulfides at Storm
  • Diamond drilling continues on high-priority copper targets

TORONTO, ON / ACCESSWIRE / August 8, 2023 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") reports two new significant copper sulfide mineralization intercepts from a diamond drill hole testing blind geophysical targets at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut, Canada. The program, still underway, is being conducted by American West Metals Limited ("American West"), who are the project operator since entering an option agreement with Aston Bay in March 2021.

Aston Bay and American West Metals Announce Two More Exceptional Discoveries at the Storm Copper Project, Canada (accesswire.com)

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