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Aston Bay Holdings to Resume Drilling at Buckingham Gold Project, Virginia, USA
TORONTO, ON / ACCESSWIRE / June 10, 2020 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) (...
About this update from Aston Bay Holdings Ltd.
[{"type":"text","content":"Aston Bay Holdings to Resume Drilling at Buckingham Gold Project, Virginia, USATORONTO, ON / ACCESSWIRE / June 10, 2020 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) (\"Aston Bay\" or the \"Company\") is pleased to announce that it will resume drilling at its Buckingham Gold Property located in Central Virginia, USA, on June 15th, 2020. In addition, the Company announces that all core samples from the initial (March 2020) phase of the current drill program have been shipped to the laboratory for analysis, with results anticipated in the coming weeks. Samples will be analyzed by standard fire assay techniques, which will include metallic screen assaying of selected intervals with visible alteration and mineralization (including visible gold). Funding is in place to complete the remaining ~800 metres (m) of the current drill program and to conduct additional follow-up drilling.A total of 1,218 m was drilled in ten diamond drill holes at the Buckingham Main Zone in March 2020 prior to the suspension of the current program due to Covid-19 virus restrictions (see March 24, 2020 Aston Bay press release). Logging of the core confirmed that the 2020 drilling has intersected veining and alteration similar to that encountered in the 2019 drilling of the zone, which included core-length intercepts of up to 35.6 g/t Au over 2.03m and 24.7 g/t Au over 3.57m in gold-bearing quartz veins, as well as 2.2 g/t Au over 18.1m and 1.9 g/t Au over 22.2m in adjacent but separate sericite-quartz-pyrite alteration zones (see June 5, 2019 Aston Bay release).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 in Virginia, USA, and Nunavut, Canada. The Company is led by CEO Thomas Ullrich with exploration in Virginia directed by the Company's advisor, Don Taylor, the 2018 Thayer Lindsley Award winner for his discovery of the Taylor Pb-Zn-Ag Deposit in Arizona.The Compan...