|Bid||0.0350 x 0|
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(TSX-V:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased announce that it has completed Phase 2 of the Company's 2020 diamond drill program at its Buckingham Gold Property located in Central Virginia, USA (see March 24, 2020 Aston Bay press release).
TORONTO, ON / ACCESSWIRE / July 22, 2020 / Aston Bay Holdings Ltd.
Phase 2 of the 2020 Drill Program is underway and is expected to comprise approximately 800 metres (m) of additional oriented core drilling. The planned Phase 2 drill holes are presented in Figure 1 in relation to recently updated gold-in-soil geochemical data.
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. 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).
In addition, the survey identified several detailed gold-in-soil trends at its Buckingham Main Zone and several new gold anomalies elsewhere on the property which remain to be drill tested. A well-defined, broad 1.0 x 1.8 km gold-in-soil anomaly identified at the Buckingham Main Zone area, surrounding the area of current drilling where both high grade gold veins (e.g., 35.6 g/t Au over 2.0 metres (m) and 24.7 g/t Au over 3.6m) and broader zones of disseminated gold-quartz mineralization (2.2 g/t Au over 18.1 m and 1.9 g/t Au over 22.2m) were intercepted in the 2019 drill program (see June 27, 2019 Aston Bay press release).
A total of 2,000 m had been planned (see March 2, 2020 Aston Bay press release). Aston Bay has decided to pause drilling operations in response to the COVID-19 outbreak to safeguard the Aston Bay and drilling contractor's personnel on site.
TORONTO, ON / ACCESSWIRE / March 10, 2020 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") announces that it has granted stock options in accordance ...
Sector(s): Basic Materials
Industry: Other Precious Metals & Mining
Full Time Employees:
Aston Bay Holdings Ltd., an exploration stage company, acquires, explores, and develops mineral properties in North America. The company explores for copper, zinc, lead, silver, gold, and precious metal deposits. It holds a 100% interest in the Storm Copper and Seal Zinc project that consists of 118 contiguous mining claims and 12 prospecting permits covering an area of approximately 381,468 hectares on Somerset Island, Nunavut, Canada, as well as holds an interest in the Blue Ridge Project located in central Virginia, the United States. The company is headquartered in Toronto, Canada.