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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 30, 2024 9:19am
128 Views
Post# 36288432

Hole 2 PPM Strip Ratio

Hole 2 PPM Strip Ratio

IMO, The copper sulphides seen through out core prove the graben concept at depth..The gap between the the sulphides seen here, from surface down to 52m , nil cu. Next a 4m gap between 54m and 58m. A 12 m gap between 60m and 72m. . A 18m gap between 86m and 104m. A 15m gap between 115 and 130m. A 40m gap between 133 and 170m . A 20m gap between 172m and 192m. A 5m gap between 196m and 201m..A 20m gap between 205m and 224..A 25m gap between 226. A  and 250m,,A 35m gap between 251 and 286 m..

IMO. The gaps between sulphides adds to the strip ratio cost of removing this over burden . The copper grades here seeing a true with off core of 60 %    means the cut-offf grade of .38 % for profit may not be profitable ..in this core..hole 2..

Just my opinion,

Let The Drills Be Our Friends 

Traps7

 Details for the 2024 deep diamond drill holes at the Storm Project. Note*, drill hole ST24-03 is pending and will be completed during 2025.

 

Hole ID

From (m)

To (m)

Width

Cu ppm

Zn ppm

Ag g/t

ST24-02

52.00

55.00

3.00

1402

10

2.0

Including

53.00

53.60

0.60

6100

10

2.0

 

58.00

59.60

1.60

110

10

2.0

 

72.50

76.50

4.00

203

10

1.1

 

77.00

79.00

2.00

953

10

1.8

Including

78.00

78.50

0.50

3050

10

2.0

 

81.00

84.00

3.00

140

10

1.3

 

85.00

86.50

1.50

253

10

1.0

 

104.00

106.00

2.00

420

10

1.5

 

107.00

112.10

5.10

176

10

0.9

 

114.50

115.00

0.50

640

10

2.0

 

130.30

131.00

0.70

230

10

1.0

 

132.50

133.10

0.60

270

10

2.0

 

170.00

172.00

2.00

195

10

1.5

 

193.00

194.50

1.50

240

10

2.0

 

195.50

196.50

1.00

2290

40

1.5

Including

195.50

196.00

0.50

4330

60

2.0

 

201.00

202.00

1.00

220

30

1.0

 

203.50

205.00

1.50

207

10

1.3

 

224.00

226.00

2.00

150

10

1.0

 

250.00

251.00

1.00

140

10

1.0

 

286.00

287.50

1.50

317

17

1.3

 

289.50

290.50

1.00

620

10

1.3

 

292.00

300.00

8.00

256

10

0.8

 

300.50

301.50

1.00

200

10

1.0

 

302.00

304.00

2.00

900

15

2.0

Including

303.00

303.50

0.50

2560

10

2.0

 

305.00

308.00

3.00

745

10

1.3

Including

306.50

307.00

0.50

1170

10

0.5

 

310.00

316.00

6.00

935

10

1.0

Including

311.00

311.50

0.50

1140

10

2.0

And

313.50

314.50

1.00

3270

10

0.8

 

317.00

324.00

7.00

1628

11

0.9

Including

322.50

323.50

1.00

5295

15

0.8

 

327.50

328.00

0.50

210

10

1.0

 

330.00

333.00

3.00

110

10

1.3

 

348.00

349.00

1.00

120

10

2.0

 

352.00

353.00

1.00

110

10

1.0

 

366.00

367.00

1.00

110

10

3.0

 

369.00

370.00

1.00

140

10

1.0

 

373.00

375.00

2.00

160

10

1.0

 

377.00

380.00

3.00

110

10

1.3

 

381.00

388.00

7.00

140

13

1.2

 

397.00

398.00

1.00

110

10

1.0

 

399.00

401.00

2.00

105

10

0.8

 

409.60

418.00

8.40

388

10

1.6

Including

413.00

413.35

0.35

1640

10

2.0

 

421.00

424.65

3.65

542

10

1.8

Including

422.00

423.00

1.00

1280

10

2.0

ST24-03

10.00

11.00

1.00

100

20

0.5

 

24.00

26.00

2.00

135

30

1.0

 

33.00

34.00

1.00

100

10

0.5

 

35.00

40.00

5.00

208

10

0.7

 

41.00

42.00

1.00

120

10

1.0

 

43.00

49.00

6.00

125

33

1.0

 

54.00

55.00

1.00

110

10

0.5

 

56.00

57.00

1.00

590

10

1.0

 

66.00

70.00

4.00

153

20

0.9

 

90.00

91.00

1.00

100

10

0.5

 

96.00

97.00

1.00

120

10

0.5

 

108.00

119.00

11.00

298

255

0.6

 

120.00

129.07

9.07

175

182

0.5

 

130.90

133.00

2.10

105

45

0.5

 

152.00

153.98

1.98

150

10

0.5

 

178.70

179.00

0.30

1900

80

15.0

 

180.04

180.82

0.78

170

10

2.0

 

Table 2: Summary of recent significant drilling intersections for drill holes ST24-02 and ST24-03. Given the exploratory nature of the drilling a cut-off of 0.01% Cu is used to highlight the presence of copper sulfides. In the absence of copper sulfide or oxides, the dolomite host rocks at Storm typically contain 10-25ppm copper. Diamond drill intersections are all core length and true width is expected to be 60% to 100% of core length

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