Aston Bay Holdings Ltd. (ATBHF)
OTCQB OTCQB Primary Summary
Aston Bay Presents Corporate Update
Epworth Project: Assays received from 376 rock grab samples and 39 lake sediment samples Preliminary data from property-wide MobileMT geophysical survey results received and undergoing additional processing Interpretation and compilation with surface mapping studies are underway for a January 2025 release Storm Project: 22,475 metres ("m") of drilling completed in 153 drill holes Work is nearly complete for the maiden resource constructed to Canadian Institute of Mining standards for a January 2025 release Work continues with partner American West to advance mining and economic studies for a potential low-cost development. TORONTO, ON / ACCESSWIRE / December 16, 2024 / Aston Bay Holdings Ltd.
Aston Bay and American West Metals Report Multiple New Copper Targets Along the 110km-long Copper Belt at the Storm Project, Nunavut, Canada
Drilling, soil geochemistry and electromagnetics continue to highlight large-scale regional exploration potential Seabreeze Prospect: Greenfield exploration has defined a new base metal prospect at the far northwestern extent of the 110 kilometre ("km") long copper belt - this new area is named ‘Seabreeze' and covers an area of approximately 10 km x 2 km Ground gravity survey at Seabreeze has identified dense features within the prospective Allen Bay Formation - the same stratigraphic host to the Storm copper deposits Hailstorm Prospect: Geological mapping and rock sampling have discovered chalcocite gossans grading >50% copper ("Cu") within an unexplored area at Storm to the south of the Southern Graben - now named ‘Hailstorm' Follow-up geochemical sampling has defined a 250 m x 250 m copper anomaly along a major fault The geological setting is identical to that of the near-surface, high-grade copper deposits at Chinook, Thunder, Lightning Ridge, and Corona Tornado Prospect: Deep searching Moving Loop Electromagnetics ("MLEM") has defined new conductors below the limit of current drilling at Tornado, 5 km along strike from the known Storm deposits All Reverse Circulation ("RC") drill holes have intersected anomalous copper, silver, and zinc in favourable geological locations, confirming the Storm mineralization model at Tornado and providing compelling targets for follow-up drilling Tempest Prospect: Reconnaissance drilling at Tempest - located 40 km south of the known Storm copper deposits - has intersected anomalous copper, zinc, and silver within Storm-style stratigraphy The area is defined by a 4km-long zone of gossans, grading up to 38.2% Cu and 30.8% Zinc ("Zn"), confirming Tempest as a high-priority prospect for follow-up drilling TORONTO, ON / ACCESSWIRE / November 25, 2024 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to provide an update on the 2024 drilling and regional exploration activities at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut.
Aston Bay and American West Metals Report 42.7m @ 3.1% copper from the surface at the Storm Project, Nunavut, Canada
Thick and high-grade copper intersections from the surface at Chinook Chinook Deposit delineation drilling: Drilling at the Chinook Deposit has intersected thick, high-grade, near-surface copper intervals (interpreted as close to true width), including: Drill hole SR24-068: 42.7m @ 3.1% Cu, 4.0 g/t Ag from the surface, including, 1.5m @ 7.1% Cu, 60 g/t Ag from 25.9m downhole Drill hole SR24-080: 35.1m @ 2.7% Cu, 5.8 g/t Ag from 22.9m downhole, including, 9.2m @ 7.3% Cu, 15.3 g/t Ag from 27.4m downhole, and, 3.1m @ 3.9% Cu, 5.5 g/t Ag from 38.1m downhole Drill hole SR24-081: 29m @ 2.6% Cu, 4.3 g/t Ag from the surface, including, 3.1m @ 11.1% Cu, 1.5 g/t Ag from 1.5m downhole, and, 4.6m @ 4.8% Cu, 5.7 g/t Ag from 21.6m downhole Cyclone Deposit delineation drilling: Drilling around and within the Cyclone Deposit continues to intersect thick, high-grade copper intervals (interpreted as close to true width), including: Drill hole SR24-117 has intersected: 16.8m @ 1% Cu, 4.0 g/t Ag from 15.2m downhole, and 33.5m @ 1.5% Cu, 8.5 g/t Ag from 35.1m downhole, including, 3.1m @ 6.9% Cu, 23.0 g/t Ag from 54.9m downhole Assays for the remaining Cyclone drill holes are expected in the next 2-4 weeks TORONTO, ON / ACCESSWIRE / October 17, 2024 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to provide an update on drilling activities at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut.
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Aston Bay Holdings Ltd. Profile
| Metals & Mining Industry | Materials Sector | Mr. Thomas Ullrich CEO | OTCQB Exchange | - ISIN |
| Canada Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Aston Bay Holdings Ltd. is a dynamic exploration company focusing on the acquisition and examination of resource properties primarily in the United States and Canada. With its headquarters nestled in Toronto, Canada, the company embarks on the exploration of a variety of metals, including copper, silver, zinc, gold, cobalt, lead, along with other base and precious metals. This diversified exploration strategy positions Aston Bay Holdings Ltd. as a significant player in the mining sector, targeting the growing demand for various metals essential in numerous industries around the globe.
Products and Services
- Copper and Silver Exploration
Aston Bay Holdings Ltd. delves into the exploration and potential development of copper and silver resources. These metals are vital components in electrical wiring, electronics, and solar panels, highlighting their importance in the modern world. The company's exploration activities are aimed at identifying high-grade deposits to meet the ever-increasing demand for these essential metals.
- Zinc, Gold, and Cobalt Exploration
The exploration for zinc, gold, and cobalt forms a critical part of Aston Bay Holdings Ltd.'s portfolio. Zinc is crucial for galvanization processes, gold has vast applications in investment and jewelry, while cobalt is essential in battery production, especially for electric vehicles. The company's exploration efforts in these areas are aimed at uncovering significant deposits that can contribute to global supply chains.
- Lead, Base Metals, and Precious Metal Deposits
Focusing also on lead, base metals, and other precious metals, Aston Bay Holdings Ltd. explores for deposits that have the potential for development into profitable mining operations. Lead is widely used in batteries, shields against radiation, and solder. The exploration for base and precious metals underlines the company's commitment to providing resources that are fundamental to a wide array of industrial and technological applications.
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