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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 Patrick2Lintonon Aug 22, 2024 7:49pm
133 Views
Post# 36192756

LFG Thomas

LFG Thomas
  • Thomas Ullrich, Chief Executive Officer of Aston Bay, commented:
"The first two deep diamond drill holes of this season have hit an impressive amount of visual copper mineralization of the same style as we see in the high-grade near-surface deposits. When added to the five deep holes drilled over the 2022 and 2023 seasons in a 10 square kilometre area, all of which hit copper and associated sulfide mineralization at depth, the "Storm Deeps" drilling is developing into a compelling exploration story.
 
"The two new holes were drilled on structural and stratigraphic targets before the completion of the new deep-looking geophysical surveys that have yielded large, strong anomalies at the same stratigraphic level as the copper intercepts in the deep holes. These electromagnetic surveys have proven very successful in targeting copper mineralization at Storm, and I expect the upcoming deep holes, including one currently underway, will benefit from improved targeting of potentially higher-grade and larger zones of copper mineralization. I am eager to see what the drill rig reveals in the coming weeks."
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