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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 astonbayon Jul 09, 2024 9:13pm
211 Views
Post# 36125532

New Thick Copper Intercepts at Cyclone and Lightning Ridge

New Thick Copper Intercepts at Cyclone and Lightning Ridge
New thick copper intercepts at Cyclone and Lightning Ridge as drilling accelerates at the Storm Project, Canada
 
30 RC drill holes now completed with diamond drilling now also underway
 
• The 2024 summer drilling program continues to accelerate with more than 4,450m now completed
• The recent drilling has targeted resource upgrade and extensions at the Cyclone and Chinook Deposits, and resource definition/exploration at Lightning Ridge and Thunder Prospects
• Visual results have been received for 16 of the Lightning Ridge and Cyclone Deposit drill holes which confirm a 100% hit rate for copper sulphides; visual results for drilling at Thunder and Chinook are pending
 
Lightning Ridge Prospect:
• Drill hole SR24-014 has intersected a combined total of 30.5m of visual copper sulphide mineralisation within three zones from 57.9m downhole
• Drill hole SR24-016 has intersected a combined total of 21.3m of visual copper sulphide mineralisation within three main zones from 38.1m downhole, including 5m of very strong copper sulphide mineralisation from 44m downhole
• Copper mineralisation at the Lightning Ridge zone has now been defined over a strike of 150m, with excellent potential to expand further

Cyclone Deposit:
• Visual results have been received for 13 drill holes, including several outside of the current resource footprint, with all drill holes intersecting visual copper sulphides
• Drill hole SR24-009 was drilled approximately 80m to the south-west of the Cyclone Deposit and has intersected 32m of strong visual copper sulphides from 85.3m downhole
• Drill holes SR24-011 and SR24-013 have intersected thick intervals of semi-massive sulphides within the southern part of the current resource envelope
• Drilling at the Cyclone Deposit continues to confirm the robust and continuous nature of the copper mineralisation supporting the potential for upgrade of the existing resource and outstanding growth potential
 

 New thick copper intercepts at Cyclone and Lightning Ridge as drilling accelerates at the Storm Project, Canada 

30 RC drill holes now completed with diamond drilling now also underway 

• The 2024 summer drilling program continues to accelerate with more than 4,450m now completed 

• The recent drilling has targeted resource upgrade and extensions at the Cyclone and Chinook Deposits, and resource definition/exploration at Lightning Ridge and Thunder Prospects 

• Visual results have been received for 16 of the Lightning Ridge and Cyclone Deposit drill holes which confirm a 100% hit rate for copper sulphides; visual results for drilling at Thunder and Chinook are pending 

 

Lightning Ridge Prospect: 

• Drill hole SR24-014 has intersected a combined total of 30.5m of visual copper sulphide mineralisation within three zones from 57.9m downhole 

• Drill hole SR24-016 has intersected a combined total of 21.3m of visual copper sulphide mineralisation within three main zones from 38.1m downhole, including 5m of very strong copper sulphide mineralisation from 44m downhole 

• Copper mineralisation at the Lightning Ridge zone has now been defined over a strike of 150m, with excellent potential to expand further 

 

Cyclone Deposit: 

• Visual results have been received for 13 drill holes, including several outside of the current resource footprint, with all drill holes intersecting visual copper sulphides 

• Drill hole SR24-009 was drilled approximately 80m to the south-west of the Cyclone Deposit and has intersected 32m of strong visual copper sulphides from 85.3m downhole 

• Drill holes SR24-011 and SR24-013 have intersected thick intervals of semi-massive sulphides within the southern part of the current resource envelope 

• Drilling at the Cyclone Deposit continues to confirm the robust and continuous nature of the copper mineralisation supporting the potential for upgrade of the existing resource and outstanding growth potential 

 

Visual estimates of mineral abundance should 

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