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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 knoxton Jul 23, 2024 9:07pm
114 Views
Post# 36145435

news is out

news is outWednesday, 24th July 2024 Thunder high-grade copper zone extended over 300m with more spectacular results at the Storm Project, Canada 66 RC and diamond drill holes now completed on resource and exploration targets • The excellent productivity for the 2024 summer drilling program continues with more than 8,300m now completed • Visual results have been received for a further 22 drill holes; with the first assays for the summer program due within the next 2 weeks Thunder Prospect – 2023 discovery hole 48.8m @ 3% Cu from 32.4m: • Thick visual copper mineralisation has been intersected in all nine step-out drill holes at the Thunder Prospect, extending the known strike of the Thunder mineralisation to over 300m and highlighting the potential for resource definition • Drill hole SR24-042 has intersected a continuous 73.2m thick zone of visual copper sulphide mineralisation from 45.7m downhole including multiple zones of semi-massive sulphides • Drill hole SR24-034 has intersected a continuous 121.2m interval of visual copper sulphide mineralisation from 18.3m downhole • The high-grade copper at Thunder remains open along strike and at depth, where drilling has only tested to approximately 100m vertical depth Cyclone Deposit – 12.1Mt @ 1.2% Cu, 3.8g/t Ag: • Thick intervals of visual copper sulphides intersected in multiple drill holes, including several outside of the current resource footprint, supporting the outstanding potential for upgrade and expansion of the existing resource • Drill holes SR24-031 and SR-055 were drilled to the north-east of the Cyclone Deposit and have successfully expanded the strike of mineralisation with intersections of 53.4m (combined total) and 80.7m (continuous) of visual copper mineralisation respectively • Drill holes SR24-045 and SR24-049 have intersected thick intervals of visual semi-massive sulphides within the southern and western part of the current resource envelope
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