Drilling surpasses 20,000 metres with 128 Reverse Circulation drill holes and 14 diamond drill holes now completed in 2024 at Storm and Tempest Drilling continues 24/7 The resource potential of the Cyclone Deposit is further highlighted with exceptional high-grade copper intervals confirmed by assays including: Drill hole SR24-057 has intersected: 1.5m @ 13.5% copper, 23g/t silver from 54.9m downhole, and, 3.1m @ 2.0% Cu [...]
Aston Bay Holdings is pleased to report on sampling, mapping and geophysical programs underway at the Epworth Project. Thomas Ullrich, Chief Executive Officer of Aston Bay,commented: "We are excited to be working on our second high-grade copper project in Nunavut. Epworth has proven high-grade copper-silver-zinc mineralization at the surface, like our Storm Project, along with intriguing kicks of cobalt and gold. "The [...]
Aston Bay Holdings is pleased to provide an update on drilling activities at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut. The exploration program is being conducted by American West Metals Limited ("American West"), who is the operator of the Project. Aston Bay and American West have formed a 20/80 unincorporated joint venture in respect of the Storm Project property, with Aston Bay [...]
HIGHLIGHTS Resource delineation program on track with multiple high-grade copper intervals confirmed by assays at the Cyclone and Chinook Deposits Drilling continues around the clock with 100 Reverse Circulation drill holes and 13 diamond drill holes totaling over 15,500 metres now completed at Storm RC drilling has commenced at the under-explored Tempest Prospect, where high-grade copper and zinc have been mapped on [...]
Ore sorting and beneficiation results highlight simple, small-footprint development potential HIGHLIGHTS Detailed metallurgical study and test work program on representative Cyclone and Chinook Deposit mineralization has successfully generated potential commercial grade Direct Shipping Products The two-circuit, ore sorting* and Inline Pressure Jig stream is capable of a range of DSP concentrate grades with excellent [...]
Aston Bay Holdings Ltd. advises that it has granted stock options exercisable to acquire 2,300,000 common shares in the Company to certain officers, directors, employees and consultants of the Company. The incentive stock options have an exercise price of $0.105 per share with a five-year term and will vest one-third on the date of grant, and one-third on each of the first and second anniversaries of the date of grant [...]
Intervals up to 121.2m of continuous visual copper mineralization intersected HIGHLIGHTS The excellent productivity for the 2024 summer drilling program continues with more than 8,300 metres now completed in 66 reverse circulation and diamond drill holes Visual results have been received for a further 22 drill holes, with the first assays for the summer program due within the next 2 weeks Thunder Prospect - 2023 discovery [...]
30 RC drill holes now completed with diamond drilling now also underway The 2024 summer drilling program continues to accelerate with more than 4,450 metres now completed The recent drilling has targeted expansion at the Cyclone and Chinook Prospects, and delineation drilling Lightning Ridge discovery and Thunder Prospect Visual results have been received for 16 of the Lightning Ridge and Cyclone Deposit drill holes which [...]
Grades of more than 7% copper in recent drilling of The Gap; planned 20,000m summer drilling program underway Drill hole SR24-03 at the underexplored Gap prospect has intersected: 20 metres @ 2.3% copper from 38m downhole, including, 8m @ 5.3% Cu from 39m downhole, including, 3m @ 7% Cu from 41m downhole SR24-03 was drilled to test an electromagnetic anomaly, once again demonstrating the strong correlation between EM [...]
Aston Bay Holdings Ltd. is pleased to announce the proposed summer 2024 exploration program at its Epworth sediment hosted copper-silver-zinc-cobalt project. Highlights >$2 million in flow-through funds to be put to work this season; additional funding is also in place 5,000 line-km airborne electromagnetic and magnetic survey planned to identify copper exploration targets and delineate regional and property-scale [...]
Non-dilutive financing secured from leading royalty fund to support exploration and development at Storm C$3.425 million allocated to Aston Bay with no use of proceeds restriction Aston Bay Holdings Ltd. is pleased to announce that its joint venture partner American West Metals Limited has entered into a binding agreement with Australian-based Taurus Mining Royalty Fund L.P. whereby Taurus will provide funding of up to [...]
Aston Bay Holdings Ltd. is pleased to announce that it has closed a final tranche of the Company's non-brokered private placement, previously announced on April 24, 2024 . Pursuant to the final tranche of the Offering, the Company has issued 230,000 non-flow through units at a price of $0.12 per Unit and 3,900,000 flow through shares at a price of $0.15 per FT Share, for aggregate gross proceeds of $612,600. The closing [...]
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