|Bid||0.1100 x 0|
|Ask||0.1150 x 0|
|Day's Range||0.1000 - 0.1150|
|52 Week Range||0.0350 - 0.1250|
|Beta (5Y Monthly)||0.37|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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 ...
TORONTO, 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.
In the course of sampling a new zone of outcropping quartz veining totaling 500 metres (m) in length was discovered three kilometres (km) east-northeast (ENE) of the main Buckingham vein where recent drilling has intersected significant gold mineralization. Panning for heavy minerals in the small tributaries draining the newly discovered quartz vein zone yielded multiple placer gold grains (see Figure 1).
TORONTO, ON / ACCESSWIRE / September 26, 2019 / Aston Bay Holdings Ltd. (BAY.V)(ATBHF)(6AY.F) ("Aston Bay" or the "Company") is pleased to announce an update on the Company's plans following high grade gold intersections from its initial drill program in Central Virginia, USA. Two exploration agreements have been signed with timber and land companies which grants the company the option to lease the mineral rights to 11,065 acres (4,478 hectares) of land in Virginia (see March 4, 2019 and September 6, 2019 Aston Bay press releases).
TORONTO, ON / ACCESSWIRE / September 6, 2019 / Aston Bay Holdings Ltd. (BAY.V)(ATBHF) (“Aston Bay” or the “Company”) is pleased to announce that it has signed the definitive agreement with a North American timber company (“the Lessor”) which grants Aston Bay an exclusive option to lease the mineral rights to 10,985 acres (4,445 hectares) of land located in Central Virginia, USA. This agreement formalizes the Letter of Intent signed between both parties earlier this year (see January 23, 2019 Aston Bay press release). Aston Bay believes these lands are highly prospective for gold and base metals mineralization.
TORONTO, ON / ACCESSWIRE / August 21, 2019 / Aston Bay Holdings Ltd. (BAY.V)(ATBHF)(6AY.F) (“Aston Bay” or the “Company”) is pleased to announce that it has initiated a soil sampling and prospecting program on its Buckingham Gold Property located in Central Virginia, USA. This is the first soil sampling program conducted on the property, expanding from known sub-cropping quartz containing visible gold that has yielded up to 701 g/t Au (20.4 ounces Au per short ton) in surface grab samples. Recent drilling by Aston Bay at the Buckingham Gold Property intersected significant gold mineralization in quartz veins, including 35.61 g/t Au over 2.03m core length in hole BUCK19-001, 20.44 g/t over 3.30m and 34.25 g/t over 0.5m core length in hole BUCK19-003, and 24.73 g/t over 3.57m including 62.51 g/t over 1.39m core length in hole BUCK19-004.