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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 Fishercat1on Apr 21, 2024 10:16pm
112 Views
Post# 36000601

More Beauty Info . Kudos ZTU.

More Beauty Info . Kudos ZTU. This drilling program is designed to expand and infill the maiden JORC Code 2012 compliant mineral resource estimate (MRE) for the Storm Project (which defined 17Mt @ 1.2% Cu, 3.4g/t Ag), bring the 2023 discoveries of high-grade copper mineralisation into the resource category and explore numerous high-priority copper sulphide targets within the >2,000 sq km project land-holding with the aim of discovering new copper deposits. Dave O’Neill, Managing Director of American West Metals commented: “We are very pleased to report that the drilling and exploration program for 2024 is now in full swing at the Storm Copper Project in Nunavut, Canada. “This initial phase of drilling will use the tracked RC drill rig to move quickly through the initial exploration and resource definition areas. We believe these targets will give us strong potential for the discovery of new zones of copper mineralisation and confirmation of the resource potential in key areas. Early success in these areas will help to prioritise and focus the remainder of the drilling program. “We are also excited to commence the high-powered Moving Loop Electromagnetic (MLEM) survey at Storm. This survey has the potential to generate new targets in higher resolution and at deeper levels than previous surveys, opening the area for further copper discoveries and providing important targeting information for the resource drilling. EM surveys have proven to be a reliable targeting tool with all of the EM anomalies tested to date correlating with high-grade copper sulphides. “Our team has executed the ramp-up to production in a safe and efficient manner and we look forward to strong news flow over the coming months as the drilling and geophysical programs continue.”
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