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Bullboard - Stock Discussion Forum
Aston Bay Holdings Ltd
V.BAY
Alternate Symbol(s):
ATBHF
Metals & Mining
Gold
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.
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TSXV:BAY - Post Discussion
Aston Bay Holdings Ltd
> Large Targets Nunavat IP survey
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traps7
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Post by
traps7
on Dec 15, 2021 11:28am
Large Targets Nunavat IP survey
Seven untested deeper conductors of interest were also identified in the Storm Copper area (Figures 1 and 2; dark green rectangles). These broad, low-amplitude anomalies are generally at least partially associated with areas of elevated density identified by the 2017 AGG survey. Six of the seven anomalies are located along or adjacent to the bounding faults of the Storm graben. The geometry and mostly gentle dips of the modelled deep conductors suggest that they may be related to stratiform type targets, and may be indicative of traditional sedimentary type copper mineralization at depth. Given the highly resistive nature of the host dolomites, even subtle conductors are considered to be prospective when combined with coincident geochemical or airborne gravity anomalies.
Figure 1. Plan view of the Storm graben area showing the 2021 ground EM survey results: shallow plate modelled conductors (dark magenta), deep plate modelled conductors (dark green), and previous drill results. Background image is EM resultant field channel 12.
Figure 2. Northwest-facing isometric view of the Storm graben area showing the 2021 ground EM survey results: shallow plate modelled conductors (dark magenta), deep plate modelled conductors (dark green), and previous drill results. Background image is EM resultant field channel 12.
BACKGROUND AND TECHNICAL DISCUSSION
Two distinct types of mineralization have been discovered at the Project to date (Figure 3).
Storm:
The copper mineralization at Storm is chalcocite dominant and occurs as massive sulphides in breccias and veinlets within, or immediately adjacent to, sub-vertical faults. Although chalcocite (and chalcopyrite) are relatively low in conductance (when compared to some other sulphides), the dolomite host rocks generally have no EM response and therefore the contrast between the two is sufficient to allow EM to be an effective targeting tool.
The are no other conductive lithologies present in the Storm area, which increases the confidence that any anomalies may be related to copper mineralization.
(69)
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shotgun1
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Comment by
shotgun1
on Dec 15, 2021 11:39am
Traps7- thank you so much for your research, Will appreciate it. Long and strong!! Cheers,
Thank You
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