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Aston Bay Announces 48 Metres of 2.92% Copper Intersected at Storm Project, Nunavut
TORONTO, ON / ACCESSWIRE / September 8, 2022 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBH...
About this update from Aston Bay Holdings Ltd.
[{"type":"text","content":"Aston Bay Announces 48 Metres of 2.92% Copper Intersected at Storm Project, NunavutTORONTO, ON / ACCESSWIRE / September 8, 2022 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) (\"Aston Bay\" or the \"Company\") is pleased to announce further assay results from drilling at the Company's high-grade Storm Copper Project (\"Storm\" or the \"Project\") on Somerset Island, Nunavut. This is the maiden drilling program for American West Metals Limited (\"American West\"), who are the project operator, since entering an option agreement with Aston Bay in March 2021.HighlightsDrill hole ST22-02 has intersected:48m @ 2.92% copper (Cu) from 8 metres (m) downhole, including;1m @ 21.9% Cu from 14m downhole, and;8m @ 7.86% Cu from 29m downhole, including;3m @ 12.12% Cu from 34m downhole, and;2m @ 10.24% Cu from 48m downholeResult further confirms continuity of the near surface high-grade copper at the 2750N ZoneFurther assays for Storm are expected in the coming days.\"These assay results from the 2750N Zone are impressive and again demonstrate the quality of the mineralized system,\" stated Thomas Ullrich, CEO of Aston Bay. \"These are spectacular copper grades over significant thicknesses very near surface. This increases our confidence in the continuity of the mineralization and confirms the potential to define a shallow copper resource that can support a low cost, small footprint direct shipping product mining operation.\"In addition to moving the 2750N Zone toward development, a compelling discovery story is emerging with the immense potential demonstrated by the intersection of a zone of sediment hosted style of copper mineralization in drill hole ST22-10. Assay results for that hole are still pending, but confirmation of copper would validate our predictive exploration model with significant implications for the potential copper endowment in this region. We eagerly await those results.\"Figure 1: Plan view of the 2750N Zone showing drilling and gossans over aerial photography. Stated drill hole intersections are all core length, and true width is expected to be 60% to 95% of core length.Drill Hole ST22-02 DetailsST22-02 was drilled to a downhole depth of 155m and was designed to test the continuity of the copper mineralization in the central 2750N Zone (Figure 1).The drill hole intersected a broad, 83m zone of vein and fracture style ...