Business
Aston Bay and American West Metals Announce Assays Confirm Additional Near-Surface, High-Grade Copper at the Storm Project, Canada
HIGHLIGHTS Resource delineation program on track with multiple high-grade copper intervals c...
About this update from Aston Bay Holdings Ltd.
[{"type":"text","content":"Aston Bay and American West Metals Announce Assays Confirm Additional Near-Surface, High-Grade Copper at the Storm Project, CanadaHIGHLIGHTSResource delineation program on track with multiple high-grade copper intervals confirmed by assays at the Cyclone and Chinook DepositsDrilling continues around the clock with 100 Reverse Circulation (\"RC\") drill holes and 13 diamond drill holes totaling over 15,500 metres (\"m\") now completed at StormRC drilling has commenced at the under-explored Tempest Prospect, where high-grade copper and zinc have been mapped on surface over 4 kilometres (\"km\") of strikeCyclone Deposit:Drill hole SR24-11 has intersected:19.8m* @ 1.2% copper (\"Cu\"), 3.0g/t silver (\"Ag\") from 12.2m downhole, including,4.6m @ 3.0% Cu, 7.0 g/t Ag from 21.3m downhole3m @ 3.2% Cu, 8.5g/t Ag from 59.4m downholeDrill hole SR24-21 has intersected:13.7m @ 2.1% Cu, 7.9g/t Ag from 67.1m downhole, including,7.6m @ 3.2% Cu, 12.2g/t Ag from 70.1m downholeDrill hole SR24-09 is located outside of the boundary of known copper mineralization and has intersected:15.2m @ 1.4% Cu, 2.4g/t Ag from 103.6m downhole, including,6.1m @ 2.7% Cu, 2.7g/t Ag from 108.2m downholeChinook Deposit:Drill hole SR24-10 has intersected:3.1m @ 1.3% Cu, 6.0g/t Ag from 38.1m downhole, including,1.5m @ 2.3% Cu, 10.0g/t Ag from 38.1m downhole1.5m @ 2.4% Cu, 3.0g/t Ag from 89.9m downholeTORONTO, ON / ACCESSWIRE / August 15, 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. The studies and exploration program is being conducted by American West Metals Limited (\"American West\"), who is the operator of the Project. Aston Bay and American West have formed a 20/80 unincorporated joint venture in respect of the Storm Project property, with Aston Bay maintaining a free carried interest until a decision to mine upon completion of a bankable feasibility study.Thomas Ullrich, Chief Executive Officer of Aston Bay, commented:\"It is encouraging once again to report excellent results from the ongoing drilling at Storm. The assays match the visual estimates previously reported by the on-site geologists, confirming excellent continuity of mineralization within the known zones as well as ex...