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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 Jun 30, 2024 9:06pm
157 Views
Post# 36112934

Holy Cow. Yet ANOTHER New Unexplored Zone With

Holy Cow. Yet ANOTHER New Unexplored Zone With World Class Copper . Remeber 1% is considered high grade . This is huge news . Assays confirm new zone of thick, near-surface high-grade copper at Storm Copper Project, Canada Grades of more than 7% Cu in recent drilling of The Gap; circa 20,000m summer drilling program underway • Drill hole SR24-03 at the underexplored Gap prospect has intersected: o 20m @ 2.3% Cu from 38m downhole, including, 8m @ 5.3% Cu from 39m downhole, including, • 3m @ 7% Cu from 41m downhole • SR24-03 was drilled to test an electromagnetic (EM) anomaly, once again demonstrating the strong correlation between EM targets and very high-grade copper sulphide mineralisation • A further 10 EM anomalies have already been identified by the 2024 EM program with deep penetrating, high-resolution EM surveys planned to recommence this month around the existing Storm deposits as well as the regional Tornado, Blizzard, and Tempest areas • The summer drilling program is now underway with approximately 20,000m of drilling planned – initially using two Reverse Circulation (RC) rigs and one diamond drilling rig – to target: o Resource definition at the Thunder high-grade discovery where drilling during 2023 intersected 48.6m @ 3% Cu from 32.4m (ST23-03) o Resource definition and extension at the Cyclone (12.1Mt @ 1.2% Cu, 3.8g/t Ag) and Chinook (2.2Mt @ 1.5% Cu, 4g/t Ag) Deposits o Shallow, high-priority EM targets within the Storm area o Large-scale copper targets below the Cyclone Deposit where drilling during 2023 discovered high-grade copper sulphides up to 2.7% Cu at approximately 300m vertical depth (ST23-02) o Bulk sampling for prefeasibility-level processing and development studies • Sealift to Storm locked-in for September 2024 with fuel and other drilling supplies as well as heavy mechanised equipment for the 2025 season already delivered to port in Montreal and ready for shipping to Storm
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