Business
Aston Bay Holdings Commences Drilling on Its Buckingham Gold Property, Virginia
TORONTO, ON / ACCESSWIRE / March 2, 2020 / Aston Bay Holdings Ltd. (TSX-V:BAY; OTCQB:ATBHF) ...
About this update from Aston Bay Holdings Ltd.
[{"type":"text","content":"Aston Bay Holdings Commences Drilling on Its Buckingham Gold Property, VirginiaTORONTO, ON / ACCESSWIRE / March 2, 2020 / Aston Bay Holdings Ltd. (TSX-V:BAY; OTCQB:ATBHF) (\"Aston Bay\" or the \"Company\") is pleased to announce that it has commenced drilling on a proposed 2000 metre (m) diamond drill program on its Buckingham Gold Property located in Central Virginia, USA.The current drill program comprises both follow-up drilling at the Buckingham Main Zone as well as initial drill testing of the recently discovered Buckingham East Zone, located approximately 3.2 kilometres (km) to the northeast. The current drilling at the Buckingham Main Zone is designed to continue the evaluation of the gold-bearing quartz veining that was drilled by the Company last year. The Buckingham Main Zone comprises a series of visible gold-bearing quartz vein outcrops that extend over a strike length of over 150 m that have yielded grab sample assay values up to 701 grams/tonne (g/t) Au and recent drill intercepts of 35.61 g/t Au over 2.03m and 24.73 g/t Au over 3.57m (see June 5, 2019 Aston Bay release). At the recently discovered Buckingham East Zone, a series of quartz vein outcrops has been identified over a distance of 500 m with a similar northwest strike direction to that of the Main Zone.\"We are pleased to have the drill turning again on our Buckingham property,\" stated Thomas Ullrich, CEO of Aston Bay. \"We are using oriented core drilling to increase our understanding of the mineralization at the Buckingham Main Zone. Step-out drilling in both directions along strike at the Main Zone is planned as well as testing the newly discovered Buckingham East Zone. In addition, results from our property-wide soil sampling program are anticipated in the coming weeks to aid in further exploration on the property.\"QUALIFIED PERSONAs per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Andrew Turner, P.Geol., a consultant to Aston Bay, is the Qualified Person for the Company and has prepared, validated and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting its exploration activities.About Aston Bay HoldingsAston Bay is a publicly traded mineral exploration company exploring for gold and base metal deposits ...