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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 astonbayon Mar 25, 2024 7:48pm
90 Views
Post# 35951895

RE:High-Powered Electromagnetics Set to Commence @ Storm

RE:High-Powered Electromagnetics Set to Commence @ Storm Field crew have arrived at Storm with final preparations underway for the commencement of detailed, high-powered surface electromagnetic (EM) surveys

• Moving loop EM (MLEM) will initially be deployed around the areas of the existing Storm copper deposits to identify targets for resource expansion both along strike and beneath known high-grade copper mineralisation with over 50 line-km initially planned

• MLEM surveys will then focus on regional exploration with over 40 line-km planned to screen the regional Blizzard, Tornado and Tempest Prospects

• Multiple strong indicators of potential copper mineralisation have already been identified at the regional targets – including extensive gossans and chalcocite boulders with grades up to 38% copper and 30% zinc – making these areas compelling exploration targets

• The high-powered EM survey gives excellent potential to look deeper and deliver game changing results with drilling of historical EM anomalies indicating a 100% correlation between EM targets and high-grade copper sulphides

• Preparations for commencement of drilling at Storm are also being finalised with Reverse Circulation (RC) drilling planned to begin shortly
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