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Aston Bay Holdings Ltd ATBHF


Primary Symbol: V.BAY

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 traps7on Oct 11, 2024 10:48am
183 Views
Post# 36262612

Zoning into the Deep

Zoning into the Deep

IMO,. reading the news releases here, BAY-AWM have now RC drilled,  over the last 3 years enough surface ore to JORC - 43-101 imo 500,000 tns cu. The surface ore will reach a PFS which will lead to a DSO .

The surface DSO once operational will fund the deeper drilling expanding the deep horizon.

Deep Hole 2024 : 03

Notice on image here the Cirrus Deposit, and look at the marking AI location which sits above a brite pink anomaly. Notice here below the anomaly is a major Fault which is believed tobe sufphides.

Notice, below AI pink out line , look into the image and notice the grey faults which are pathways ( plumbing ) for the brine to flow. Under the Cirrus sits the Southern Graben Fault seen here which shows a major intersection .

PS, NEWS, The largest of the southern anomalies is interpreted to be approximately 1,300m x 500m, flat-lying, and located at depth below the Cirrus Deposit and Gap Prospect (Figure 7). A series of large, sub-vertical EM plates have been modelled where the northern edge of the anomaly is truncated at the Southern Graben Fault, which suggests that this could represent fault-hosted copper mineralization. This target is currently being tested with diamond drilling.

Image - 3

 

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