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Aston Bay and American West Metals Announce Field Season Summary for Storm Copper Project, Canada
Spring and Summer geophysical and drilling programs in 2023 have significantly advanced the Storm...
About this update from Aston Bay Holdings Ltd.
[{"type":"text","content":"Aston Bay and American West Metals Announce Field Season Summary for Storm Copper Project, Canada Spring and Summer geophysical and drilling programs in 2023 have significantly advanced the Storm Project on several fronts:Sediment Hosted Copper DiscoveryDiscovery of multiple regional scale sediment hosted copper systems, as evidenced by intersections of what appears to be stratiform chalcocite (copper sulfide) mineralization as predicted by both the geological and geophysical models - the discovery has similarities to the world-class copper belts in Central Africa and BotswanaConfirmation of geophysical methods effective at targeting sediment-hosted copper mineralization: both gravity and deeper electromagnetic (EM) anomalies have been shown to be strongly associated with sulfide mineralizationSignificant kilometre-scale historical gravity anomalies that conform to the predictive geological model remain untested and are priority targets for follow-up modern geophysical surveys this coming spring and drilling in summer 2024New Near-Surface Copper Discoveries76 metres (m) of visual heavily mineralized breccia to massive copper sulfide (chalcocite, bornite and chalcopyrite) at \"Thunder\" and 19m of strong visual copper sulfide mineralization at \"Lightning Ridge\"Ground Truthing of \"Tempest\" Copper GossansChalcocite, malachite and sphalerite at surface along 4km gossan trend, 40km south of Storm mineralizationDelineation Drilling and Near-Term Development PotentialContinuity of the near-surface copper mineralization confirmed in over 10,000m of Reverse Circulation (RC) and core drilling: 41m @ 4.18% Cu from 38m downhole, including 5m @ 24.28% Cu from 48m downhole (ST22-05) and 46m @ 2.2% Cu from 64m downhole, including 15.6m @ 4.2% Cu from 65m downhole (SM23-02) (all core lengths).Maiden copper resources anticipated Q4 2023, with environmental, processing and metallurgical studies underwayAmerican West has completed the exploration expenditure requirement to earn an 80% interest in the Storm ProjectAssays are pending for 29 drill holes from the 2023 drill program - including those for the deep sediment hosted copper discovery holes as well as those from the Thunder and Lightning Ridge discoveries - with results expected over the coming weeksTORONTO, ON / ACCESSWIRE / September 14, 2023 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:...