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Aston Bay Announces Drill Program for the Storm Copper Project, Nunavut
Summer drill program to commence in July 2022 Focus on resource definition and bulk sam...
About this update from Aston Bay Holdings Ltd.
[{"type":"text","content":"Aston Bay Announces Drill Program for the Storm Copper Project, NunavutSummer drill program to commence in July 2022Focus on resource definition and bulk sampling to advance a low-impact direct ship product mining proposalDrill testing of new high-priority EM conductors also plannedTORONTO, ON / ACCESSWIRE / June 22, 2022 / Aston Bay Holdings Ltd. (TSXV:BAY) (OTCQB:ATBHF) (\"Aston Bay\" or the \"Company\") is pleased to announce that the Company's exploration and earn-in partner, American West Metals Limited (\"American West\"), has released details of the planned drilling and exploration activities at Aston Bay's high-grade Storm Copper Project (\"Storm\" or the \"Project\") on Somerset Island, Nunavut.A major diamond drilling program is scheduled to commence at Storm next month to test key resource and exploration targets. This drilling program will be the first since American West became project operator under the option agreement with Aston Bay. American West has an option to earn an 80% interest in the Storm Project. APEX Geoscience Ltd. will manage and execute the program.Program HighlightsDiamond drilling is planned to commence at Storm in July 2022 to test high-grade copper targetsDrilling will focus on resource definition at the high-grade 2750N ZonePrevious intersections at the 2750N Zone include 110 metres (m)* @ 2.45% copper (Cu) from surface and 56.3m* @ 3.07% Cu from 12.2mPotential to also delineate additional zones of copper mineralization with drill testing of new, high-priority EM conductorsA bulk sample of copper mineralization at Storm will be acquired during the program for second-phase direct shipping product (DSP) and beneficiation test work; initial ore sorting supports the potential to produce a DSP with a grade >53% CuThe resource definition drilling will begin at the 2750N Zone where historical drilling has encountered significant copper mineralization, including 110m* at 2.45% Cu from surface (drill hole ST97-08), and 56.3m* @ 3.07% Cu from 12.2m (drill hole ST99-19). The 2750N Zone copper mineralization is open at depth and along strike.Drilling will also test a number of high-priority electromagnetic (EM) conductors that were identified by the 2021 fixed loop electromagnetic (FLEM) survey completed by American West over the Storm Project area. The survey identified multiple near-surface anomalies,...